Consumer data giant IRI has expanded its Shopper Loyalty solution to incorporate frequent shopper program (FSP) data from more than 350 million loyalty cardholders. This translates to a representative sample of more than 65 million households, with over 30 million weekly shopping trips.The IRI Shopper Loyalty solution provides access to real-time analytics, delivered on the firm's Liquid Data predictive analytics and insights platform. Retailers and manufacturers use it to understand their shoppers through insights into product features, in-store causal factors, merchandising and promotion tactics, demographics, and attitudinal and purchase-based segmentations driving behavior.
Now expanded with data from additional channels, geographies and retailers, IRI says the solution taps into the industry's largest integrated FSP-based insight platform, combining retailer FSP data with IRI's POS data; national consumer panel; and TV, digital and mobile location data. Robert Tomei (pictured), President of Market and Shopper Intelligence, comments: 'By embedding the largest integrated consumer and shopper data set into the IRI Shopper Loyalty solution, we are providing the most precise, detailed shopper-based analytics ever available in the industry to help marketers better understand behavior, measure new product launches, evaluate promotional campaigns, pricing and assortment optimization and more'.
Web site: www.iriworldwide.com .
All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.
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