Retail & Technology

GfK Croatia Retail and Technology department, the only market researcher in Croatia for ongoing tracking of point-of-sale data in the technical consumer goods markets (audio, video, photo, IT, telecom, office equipment, major and small domestic appliances), has been in operation since 2004.

Retail and Technology data helps to answer the key questions concerning the general development of the market:

  • Sales in volume and value terms
  • Trends in technical features of the products
  • Market structure by distribution channels
  • Geographical market structure
  • Price market structure

… and also provides market players with information on their market position and that of the competition:

  • Share of producers in total and by technical segment, price segment, distribution channel and region of Croatia
  • Distribution indicators of brands/models in total and by segment, channel and region
  • Price positioning indicators of brands/models in total and by segment, channel and region
  • Demand indicators of brands/models in total and by segment, channel and region

The analysis of Retail & Technology data enables you to not only receive information on past market development, but also to forecast its future development, trace the effectiveness of the marketing mix of the players, determine their strengths and weaknesses and work out strategies to achieve the augmentation of sales and market share.

 

Methodology

The research methodology could be described by the stages of research, each of which repeats with a certain periodicity:

  • Product Groups’ Definition
    Belonging of one or another product to a certain group is determined according to international classification of GfK Retail & Technology.
  • Determination of the Universe
    Universe is determined by census study carried out by GfK Croatia Custome Research.
  • Distribution Channels’ Definition
    Inclusion of a particular distribution channel to research depends on the weight of the channel in total volume of sales, which, in turn, is determined by census study
  • Sample Creation
    Representative sample is formed by quote-disproportional principle, which guarantees relatively higher representation of sales outlets from the channels that have higher weight.
  • Data Collection
    Data collection is conducted in manual or electronic regime according to the agreement with the sales outlet.
  • Description, Coding and Extrapolation
    Each model is described according to international definitions of product groups and is coded for further enlisting in the national and international database, after which data goes through multi-level control and primary analysis stage.  Data is extrapolated for each distribution channel using statistical methods and taking into account census data, which results in general sales data of GfK Panel market.
  • Reporting
    Clients receive the database in the format of GfK QuickView and chart package in PPT format. Results can be interesting for both Producer and Retail participants of technical goods market.

Please visit GfK Retail and Technology web-site further information.

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Contact

Zoran Žutinić
zoran.zutinic@gfk.com