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Loss Prevention Fixture for Olay® Regenerist

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Presentation on theme: "Loss Prevention Fixture for Olay® Regenerist"— Presentation transcript:

1 Loss Prevention Fixture for Olay® Regenerist
Zone 1 Loss Prevention Fixture for Olay® Regenerist A Case Study in Research and Collaboration Lance Hutt – Director of Product Management, FFR Merchandising Mike Giblin – Research Scientist III, LPRC

2 Background and Objective Collaborative Development Approach
Agenda Background and Objective Collaborative Development Approach Concept Selection Webinar Concept Refinement Customer Interviews Results to Date

3 Unique opportunity to solve problems in a new way
Perfecting the Process Unique opportunity to solve problems in a new way Allow retailer and scientific feedback early in R&D process Collaborative Development Approach Multiple retailer conversation in Working Group Calls: Dissect the problem, brainstorm solutions. Concept Selection Webinar Concept Refinement Customer Interviews

4 Olay® Regenerist – High shrink, consistent merchandising approach
Background and Objective Olay® Regenerist – High shrink, consistent merchandising approach Common issue across channels - Drug, Grocery and Mass Open, gondola-shelf merchandising approach Fixture solution versus package preferred Particularly difficult Loss Prevention and Merchandising challenge given Category characteristics Highly sensitive to impact on legitimate shoppers: must meet Brand demands and enable shopper interactivity Great variation in packaging sizes and shapes Dynamic, nonstandard planograms Objective: Develop a single “fixture” solution that meets the Category requirements across the varying retail channels

5 Solutions presented were concepts
Collaborative Development Approach: Concept Selection Webinar LPRC hosted a webinar where FFR Merchandising presented various and varied fixture solution concepts Gained “voice-of-the-customer” to drive new product development prioritization and concept refinement Solutions presented were concepts Survey provided to facilitate and standardize Retailer feedback Retailer feedback drove further FFR development against modified versions of the top concepts

6 Learning Lab 1 Polling Question: Round 1
Webinar Feedback Survey Learning Lab 1 Polling Question: Round 1 Please open the Impact App on your phone to participate now Which fixture concept do you think received the most positive feedback? A) 1- Forward Urging Pusher with Cover B) 2- Forward Urging Pusher with Invisi-Shield C) 3- Invisi-Shelf D) 4- Invisi-Eye

7 Polling Results Session 1 Polling Results Session 2
Webinar Feedback Survey Polling Results Session 1 Polling Results Session 2 Polling Results Session 3

8 Learning Lab 1 Polling Question: Round 1
Webinar Feedback Survey Learning Lab 1 Polling Question: Round 1 Please open the Impact App on your phone to participate now Which fixture concept do you think received the most positive feedback? A) 1- Forward Urging Pusher with Cover B) 2- Forward Urging Pusher with Invisi-Shield C) 3- Invisi-Shelf D) 4- Invisi-Eye

9 Webinar Feedback Survey

10 An invisible packaging-removal alert technology
Webinar Example Concept: Invisi-Eye (Electronic Solution) An invisible packaging-removal alert technology Infrared sensors imbedded in the nose of self-facing tracks detect packaging removal and sound local audible Self-facing system fronts packaging and slows shelf- sweeping Battery powered → one year life under normal usage conditions Self-facing system ties into back- of-shelf power and audible, making system flexible and adjustable Approximate price At 16 Facings per Shelf: $XX/Shelf $XX/Facing

11 Can be coupled with non-alerting pusher tracks
Webinar Example Concept: Invisi-Eye (Electronic Solution) Additional details Could be coupled other loss prevention solutions for additional security (Invisi-Shield®) Can be coupled with non-alerting pusher tracks Optional: Programmable alert parameters (+ $XX/shelf) Pros Minimal shopper impact; intuitive to shop Flexibility: packaging insensitive, retrofits to existing shelving and POGs Self-faces packaging No power required Cons No physical LP benefit; requires store associate response to maximize effectiveness Batteries need to be changed annually

12 Collaborative Development Approach: Concept Refinement Customer Interviews
Power Zone® self-facing system with contoured and/or branded Invisi-Shield® tiles

13 Olay® Regenerist Category solution: Category-specific Invisi-Shield®
Results to Date Two outcomes Olay® Regenerist Category solution: Category-specific Invisi-Shield® Continued Retailer feedback and testing New Loss Prevention Merchandising® fixture platform for other high-risk products


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