hispanic shopper insights-press release

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Meyers Research Center to Field New Hispanic Shopper Close-Up Study Take an In-Depth Look at Behavior, Attitudes and Decision Making Patterns of Hispanic Shoppers As MRC Continues Expansion of Syndicated Product Portfolio June 20 th , 2012 New York, New York Meyers Research Center (MRC), announces it will field a syndicated research study in 2012 focusing on Hispanic Shoppers. Results of the research will be available in winter 2012. Sponsors who confirm participation early on will have the opportunity to influence the research by adding a proprietary custom question at no extra cost. The primary focus of this program is to identify shopping behaviors of Hispanics in selected retail channels and to understand how these behaviors differ both by level of acculturation and versus the General Market. The study will be designed to obtain a better understanding of what factors drive store selection, store loyalty and switching for shoppers by retail channel and across broad product category groupings such as Food, Beverages, Snacks, Household Products and HBC. Our clients have expressed increasing interest in understanding the Hispanic shopper in order to leverage this group’s explosive growth and purchasing power,” explained Jeff Friedlaender, President of Meyers Research Center. This syndicated study will provide the framework for retail and brand marketers to target Hispanic shoppers since the “one size fits all” approach doesn’t work so well anymore. Syndicated studies provide a cost-effective research alternative to custom research, as they are designed to collect large amounts of primary information on a shared cost basis. In addition to the inaugural wave of the Hispanic Shopper Close-Up, MRC will also be fielding Wave IX of our successful Convenience Store Close-Up study in 2012. “As we look at our portfolio of syndicated Close-Up studies we are not only capturing a snapshot of current behaviors, but also a trended and comparative analysis to gain true insights into the mind of today’s shopper,” explained Friedlaender. MRC will utilize a hybrid methodology to collect the data for the Hispanic Shopper Close-Up Study. This will include an in-depth online survey plus qualitative shopper ethnographies. The final sample will include roughly 3,000 individual respondents with readable base sizes for Hispanic shoppers by acculturation level, as well as General Market respondents.

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Hispanic Shopper Insights Syndicated Study

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Page 1: Hispanic Shopper Insights-Press Release

Meyers Research Center to Field

New Hispanic Shopper Close-Up Study

Take an In-Depth Look at Behavior, Attitudes and Decision Making

Patterns of Hispanic Shoppers

As MRC Continues Expansion of Syndicated Product Portfolio

June 20th

, 2012 New York, New York – Meyers Research Center (MRC), announces it

will field a syndicated research study in 2012 focusing on Hispanic Shoppers.

Results of the research will be available in winter 2012. Sponsors who confirm

participation early on will have the opportunity to influence the research by adding a

proprietary custom question at no extra cost.

The primary focus of this program is to identify shopping behaviors of Hispanics in

selected retail channels and to understand how these behaviors differ both by level of

acculturation and versus the General Market. The study will be designed to obtain a

better understanding of what factors drive store selection, store loyalty and switching

for shoppers by retail channel and across broad product category groupings such as

Food, Beverages, Snacks, Household Products and HBC.

“Our clients have expressed increasing interest in understanding the Hispanic shopper

in order to leverage this group’s explosive growth and purchasing power,” explained

Jeff Friedlaender, President of Meyers Research Center. This syndicated study will

provide the framework for retail and brand marketers to target Hispanic shoppers since

the “one size fits all” approach doesn’t work so well anymore. Syndicated studies

provide a cost-effective research alternative to custom research, as they are designed

to collect large amounts of primary information on a shared cost basis.

In addition to the inaugural wave of the Hispanic Shopper Close-Up, MRC will also

be fielding Wave IX of our successful Convenience Store Close-Up study in 2012.

“As we look at our portfolio of syndicated Close-Up studies we are not only capturing

a snapshot of current behaviors, but also a trended and comparative analysis to gain

true insights into the mind of today’s shopper,” explained Friedlaender.

MRC will utilize a hybrid methodology to collect the data for the Hispanic Shopper

Close-Up Study. This will include an in-depth online survey plus qualitative shopper

ethnographies. The final sample will include roughly 3,000 individual respondents

with readable base sizes for Hispanic shoppers by acculturation level, as well as

General Market respondents.

Page 2: Hispanic Shopper Insights-Press Release

The Hispanic Shopper Close-Up will cover the following broad topic areas…

What formats and chains are Hispanics shopping for various categories

What is the profile of the Hispanic shopper by store format

What factors are driving store selection

What are the underlying dynamics of the store visit by channel:

o What preparations are made prior to the visit

o What are destination categories? Which categories are impulse buys?

o What are the key in-store influencers

o Categories purchased/shopped

o Total amount spent

What are the differences by Hispanic acculturation level

How do Hispanics differ from General Market shoppers on these measures

To receive more information or to discuss sponsorship options contact:

GeorgeBrown II

[email protected]

Frances Glick

[email protected]

JeffFriedlaender [email protected]

About Meyers Research Center

Meyers Research Center(MRC) is a leading Shopper Insights research organization.

MRC has conducted primary research across all classes-of-trade for global packaged

goods manufacturers, retailers, advertising/sales/promotion agencies and consulting

firms since 1973.