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1 Copyright ©2014 The Nielsen Company. Confidential and proprietary. The Nielsen Research Challenge: Case Study April 10, 2014 CHOCOLATES VALOR GROUP B | NIELSEN MARKET RESEARCH CHALLENGE

Nielsen Market Research Challenge

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The Nielsen Market Research Challenge was a full-scale market research project conducted over the course of 10 weeks. Our objective was to provide recommendations that would drive sales at the retail locations of a major chocolate company. Working in small teams, we worked to draw a picture from current in-market data, competitive analyses, and our own market research, from questionnaire design to data analysis. Ultimately, we crafted recommendations that were both actionable and efficient, but more importantly, in alignment with the company's brand strategy.

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Page 1: Nielsen Market Research Challenge

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The Nielsen Research Challenge: Case Study April 10, 2014

CHOCOLATES VALOR GROUP B | NIELSEN MARKET RESEARCH CHALLENGE

Page 2: Nielsen Market Research Challenge

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The Nielsen Research Challenge: Case Study

Areas of Focus

Who is the customer?

Residents

Tourists

Retail

Summary

AGENDA

Page 3: Nielsen Market Research Challenge

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The Nielsen Research Challenge: Case Study

Areas of Focus

Who is the customer?

Residents

Tourists

Retail

Summary

AGENDA

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The Nielsen Research Challenge: Case Study

AREAS OF FOCUS

Tourists Lower than expected tourist traffic

Residents Four profiles based on residents’ peaks of consumption

Retail Opportunity to meet needs that are not currently satisfied

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The Nielsen Research Challenge: Case Study

Areas of Focus

Who is the customer?

Residents

Tourists

Retail

Summary

AGENDA

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The Nielsen Research Challenge: Case Study

WHO IS THE VALOR CUSTOMER?

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The Nielsen Research Challenge: Case Study

WHO IS THE VALOR CUSTOMER?

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The Nielsen Research Challenge: Case Study

HOW DO THEY BEHAVE?

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The Nielsen Research Challenge: Case Study

HOW DO THEY BEHAVE?

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The Nielsen Research Challenge: Case Study

Areas of Focus

Who is the customer?

Residents

Tourists

Retail

Summary

AGENDA

Page 11: Nielsen Market Research Challenge

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The Nielsen Research Challenge: Case Study

RESIDENTS | Optimize Offer

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The Nielsen Research Challenge: Case Study

RESIDENTS | Optimize Offer

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The Nielsen Research Challenge: Case Study

• Combo bag

RESIDENTS | Optimize Offer

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The Nielsen Research Challenge: Case Study

RESIDENTS | Optimize Offer

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The Nielsen Research Challenge: Case Study

Areas of Focus

Who is the customer?

Residents

Tourists

Retail

Summary

AGENDA

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The Nielsen Research Challenge: Case Study

84%

16%

Valor Callao

Residents

Tourists61%

39%

San Gines

Residents

Tourists20%

50%

Valor San Gines

0%

20%

40%

60%

Tourist Rate of Planning

TOURISTS | Increase Awareness

VALOR CALLAO IS NOT ATTRACTING TOURISTS IN A “TOURIST LOCATION”

INSIGHTS

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The Nielsen Research Challenge: Case Study

TOURISTS | Increase Awareness

INSIGHTS

35% 12%

12%

Valor Callao

Friends

Family

Tourist Guidebook

40%

12%

12%

20%

San Gines

Friends

Family

Tourist Guidebook

Other

MOST ONLINE SEARCHES POINT TO SAN GINES

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The Nielsen Research Challenge: Case Study

RECOMMENDATIONS

TOURISTS | Increase Awareness

Search Engine Optimization

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The Nielsen Research Challenge: Case Study

TOURISTS | Increase Awareness

INSIGHTS

San Gines

Valor Callao

Ranked #259 of 6,062 restaurants (1,577 reviews) • Positive: 75% • Neutral: 15% • Negative: 9%

Ranked #1,470 of 6,062 restaurants (157 reviews) • Positive: 67% • Neutral: 10% • Negative: 22%

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The Nielsen Research Challenge: Case Study

RECOMMENDATIONS

TOURISTS | Increase Awareness

TripAdvisor

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The Nielsen Research Challenge: Case Study

RECOMMENDATIONS

TOURISTS | Increase Awareness

Improve Signage

Airport Advertising

El Coche de Época

Offer Wifi

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The Nielsen Research Challenge: Case Study

Summary

Areas of Focus

Who is the customer?

Residents

Tourists

Retail

AGENDA

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The Nielsen Research Challenge: Case Study

Insights

• 10% consider packaging important; 10% would like resealable packaging • 12.5% want white chocolate

• White chocolate is increasing 275% in volume and 265% in value, and has the highest price

per kilo among all segments

RETAIL | Product Innovation

Page 24: Nielsen Market Research Challenge

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The Nielsen Research Challenge: Case Study

Resealable Packaging

RECOMMENDATIONS

RETAIL | Product Innovation

Chocolate Blanco

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The Nielsen Research Challenge: Case Study

INSIGHTS

• Chocolate Relleno: Private Label is decreasing 21% in volume and 14% in value because of the drop in relleno con adición

• Chocolate Negro: Mondelez, Lindt, & Nestle are losing sales, while Valor is increasing at the

same rate as the overall category

• A La Taza: Valor polvo is increasing 10% in volume and 12% in value, and there are no strong competitors in polvo instantaneo

RETAIL | Product Innovation

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The Nielsen Research Challenge: Case Study

RECOMMENDATIONS

RETAIL | Product Innovation

Chocolates Rellenos

Chocolate Negro

Polvo Instantaneo

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The Nielsen Research Challenge: Case Study

Summary

Areas of Focus

Who is the customer?

Residents

Tourists

Retail

AGENDA

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The Nielsen Research Challenge: Case Study

Optimize offers based on identified profiles

Innovate on current product offerings

Increase awareness among the segment

SUMMARY

Tourists Lower than expected tourist traffic

Residents Four profiles based on residents’ peaks of consumption

Retail Opportunity to meet needs that are not currently satisfied

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The Nielsen Research Challenge: Case Study

GROUP B