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Gongos goSHOP Offers Powerful Predictors for Products in the Retail Space
New Virtual Shopping Platform Delivers Results That Correspond With In-Market Sales
| Source: Gongos Research
AUBURN HILLS, MI--(Marketwire - November 19, 2008) - Understanding how consumers make a
purchase decision is just as important as knowing what products they are
likely to buy. By simulating the retail environment and capturing real-time
data, Gongos Research is tracking purchase behavior with its newest
online research environment -- gongos goSHOP.
Designed and tested to be a powerful predictor of in-market performance, goSHOP is a
next-generation virtual shopping platform that enables increased
flexibility in the navigation of up to hundreds of product options with
multiple views and package details. Similar to the rigor of online quant
studies, it allows for the randomization of products to reduce shelf
location bias, and results in a more representative sample of consumers
than when conducting
in-store research.
Producing the same high-level reporting that Gongos Research is known to
deliver, the goSHOP environment transforms large amounts of data into a
model that enables companies to further analyze and manipulate the data,
evaluate "heat maps," and test take-rates against real-market performance.
Results from development-phase studies completed in January and August
indicate correlations as high as 0.8 between goSHOP data and actual
in-store sales.
"Many online studies focus on the linear relationship between product
features, purchase intent and purchase decision," says Christi Walters,
Principal and Head of Consumer Products for Gongos Research. "Understanding
the more holistic relationship between the retail space, merchandising and
product enables manufacturers and retailers to more effectively make
critical business decisions."
"Like traditional retail testing, goSHOP helps us understand what products
sell and don't sell," adds Bill Eisele, Consumer Understanding and Insight
Manager for Hallmark Cards, who worked closely with Gongos Research in the
development of goSHOP. "But it also unlocks a dimension of insight around
specific consumer groups that find different styles of products more or
less attractive. There is strong potential to help us understand how
consumers shop for our products since we will be able to watch consumers
'shop' our display."
Utilizing Microsoft® Silverlight™
technology, goSHOP is a cross-browser enabled platform that offers advanced
maneuverability and ease-of-use for respondents.
Since 1991, Gongos Research has worked with leading companies including
Best Buy, Hallmark Cards, Mars Inc., Domino's Pizza, U.S. Bank, GM and
Polaris. In 2007, the company was first named to the Inc. 5000 list of "The
Fastest Growing Companies in America," and in 2008 was among the Honomichl
Top 50.
Gongos Research is a custom marketing research company that forms trusted
research partnerships
with companies around the world. Blending strategic thinking, top
talent, breakthrough technologies and proprietary software, Gongos'
offerings help refine, enhance and advance products and services across
many industries. For further insight into the Gongos culture, visit gongos.com.