Competitive Surveys:

When introducing a new product to a Walmart shelf, conducting research and competitive surveys is essential to gain insights into various aspects of the market and the competition. Sales Marketing Services provides competitive surveys for retail products, packaging design, and modular to help create a product marketing strategy for Walmart and Sam’s Club.

Competitive surveys for retail products include:

  • Identify the key players in the market and their product offerings.
  • Evaluate the strengths and weaknesses of competitors’ products.
  • Determine the price range of similar products in the market.
  • Identify opportunities for product differentiation and innovation.
  • Analyze consumer reviews and feedback to gain insights into customer preferences.

Packaging: Analyze the packaging of similar products in the market.

  • Identify packaging features that are most attractive to consumers.
  • Determine the effectiveness of product packaging in protecting and preserving the product.
  • Evaluate the ease of use and convenience of packaging for consumers.
  • Consider the environmental impact of packaging and identify opportunities for sustainable packaging solutions.

Modulars: Evaluate the modular configurations used by competitors in the market.

  • Identify the strengths and weaknesses of competitors’ modulars.
  • Determine the effectiveness of modulars in showcasing products.
  • Analyze consumer feedback on modulars to gain insights into customer preferences.
  • Identify opportunities for modular innovation and customization to fit specific product needs.
  • Market Demand: It is important to conduct market research to determine the level of demand for the new product in the market. This includes identifying the target audience, understanding their needs and preferences, and determining the potential market size.

  • Consumer Behavior: Conducting consumer surveys can help to gain insights into consumer behavior, preferences, and decision-making processes. This can help to determine the key features and benefits that consumers are looking for in a new product.

  • Competitor Analysis: A competitive survey can help to identify the key players in the market, their strengths, weaknesses, and strategies. This can help to determine how the new product can differentiate itself from the competition and identify opportunities for growth.

  • Pricing Strategy: A competitive survey can help to determine the price range of similar products in the market. This can help to set a competitive price for the new product and ensure that it is priced competitively while still generating profits.

  • Product Placement: Researching the placement of similar products on Walmart shelves can provide insights into the most effective placement for the new product. This can help to ensure that the product is placed in a high-traffic area and positioned to stand out from the competition.