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Huge implications for the way the retailer spent its marketing dollars were
uncovered in the study. An analysis of the retailer’s TV and radio ad-stock
revealed the effects of TV advertising were lingering longer than for radio.
However, after five weeks, the effects of TV had fallen to 35%, which implied
a phased campaign would improve its effectiveness. A recommendation was
also made for the optimal operating level for TV advertising, which was higher
than the current level. |
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Radio achieved only a small lift in footfall and a high level of decay
(weakening effect of advertising over time). MERITUS recommended the
retailer recheck the role of radio in the media mix. Print generated a relatively
high lift compared to radio despite lower investments suggesting a larger role
in the marketing mix would be beneficial. There was a clear drop in visitor
numbers during snowfall. |
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The Data Analytics revealed the need to enhance the company’s advertising
mix, particularly with a view to investing more in TV and print and design
promotions around negative drivers of footfall such as bad weather. In-store
traffic has increased significantly since the recommended changes have been
made. |
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