Have you seen How To SELL Anything?

This incredible sales handbook distils an expert's lifetime of sales and marketing experience and hands it to you on a platter, in a simple, easy-to-follow format. With existing customers being the most valuable source of income for any business, this book will teach you how to increase your return business and make more profit from your most loyal customers - and even how to reduce the costs of dealing with your least profitable customers.

Get it on Amazon (Kindle/Print)

Europe's big threat had Lidl impact on the US

Local supermarkets recovered within two months

Catalina shopper intelligence shows that nearby incumbent supermarkets lost close to 7% of overall sales during the first month of a Lidl store opening, but the impact on those same stores declined rapidly, falling to less than 2% of store sales by the fourth month.

The report, entitled "Defending Supermarket Share When Lidl Comes to Town" provided true purchase-based research into the effect of US Lidl store openings on competing supermarkets, examining shopper behaviour at 83 incumbent supermarkets within three miles of 30 Lidl stores that opened in 2017. The study tracked shopper behavior across different grocery departments and demographic groups during the first 16 weeks of a Lidl store opening.

The study also shows that name brand products provided a significant competitive advantage for incumbent grocers versus Lidl's heavy emphasis on private label. The percentage of sales declines among name brands was approximately 3.4 times less than for competing grocers' private label products. Three departments - produce, beer and wine - accounted for the majority of the total sales decline. Meanwhile, Center Store aisles were far less impacted.

Demographically, Hispanic and African American shoppers and larger households were much more likely than the average shopper to shift spending to Lidl. The study found no meaningful variance among income groups.

Among detailed findings of the study:

• During the 16-week study period, incumbent stores lost a total of 4.3% of sales. Trips declined 3.6%, and shoppers declined 5.0%.
• Sales declined by 6.8% in the first month, but were down only 1.9% by month four.
• Three departments - produce, beer and wine - accounted for 60% of the total sales decline, even though those departments account for just 16% of overall store sales.
• The Center Store, comprising shelf stables and general merchandise, accounted for just 7% of total losses, although they are approximately 40% of overall store sales.
• Private label products represented 58% of lost sales, although they account for only 28% of store sales. Name brands represented just 42% of the sales loss, although they account for 71% of store sales.

Demographic Insights
Hispanic shoppers were far more impacted than the average shopper, reducing their purchases by 9.2% versus the 4.3% average. African-American shoppers reduced sales by 5.4%, while sales to Caucasians were down just 3.7% and Asian Americans just 3.3%.

Larger households with five or more people declined at 127% of the average. Younger shoppers were slightly more likely to reduce purchasing, while shoppers 65 years and older were impacted 25% less than the average.

"This study demonstrates the importance of shopper analytics in helping retailers keep pace with new competitive threats and changing shopper behavior," said Tom Corley, Chief Global Retail Officer and President of US Retail. "Retailers need to pay close attention to how new competitors are impacting their shoppers and respond with the right pricing and promotions strategies to protect and grow share."

"It is also clear that well-recognized brands can provide a strong competitive advantage against new retail models, including Lidl, that emphasize private labels over name brands," Corley added. "Retailers should work with their manufacturing partners to fully leverage that advantage."

The full report has been made available for download from http://www.catalina.com/whenlidlcomestotown

Have you seen How To SELL Anything?

This incredible sales handbook distils an expert's lifetime of sales and marketing experience and hands it to you on a platter, in a simple, easy-to-follow format.

With existing customers being the most valuable source of income for any business, this book will teach you how to increase your return business and make more profit from your most loyal customers - and even how to reduce the costs of dealing with your least profitable customers.

You'll learn to sell yourself, sell your products, and sell your brand on the internet, writing high-conversion landing pages, social media posts, and more. You'll start attracting customers you didn’t even know existed, and learn the top trade secrets for customer retention.

You'll become a lean, mean selling machine. See how the experts do it and learn to adapt what they've done for your own profit. You'll learn to write strong, powerful, effective sales copy, whether it's for a sales script, sales letter, flyer, insert, advert or just about anything else.

You'll learn how to sell whether you're selling by telephone, by mail, or even meeting prospects face-to-face. You'll find out how to size them up, present yourself, nail down their true needs, close the sale, and learn to tackle the tricky ones.

You'll discover the biggest secrets of successful direct mail sellers, sales letter writers, and how to segment and choose the right prospects for each campaign.

Get it on Amazon (Kindle/Print)