A's to your Q's
What is Merchant Mechanics?
What is the Merchant
Mechanics philosophy?
What
services does Merchant Mechanics offer?
How much do Merchant Mechanics' services cost?
How does Merchant Mechanics obtain its data?
What are Merchant Mechanics research techniques?
Does Merchant Mechanics' methodology
infringe on the rights of individuals?
Q: What is Merchant Mechanics?
A: Merchant Mechanics is a behavioral research and consulting firm serving
retail and manufacturing clients throughout the United States. Employing its
core proprietary research programs, Retail Forensics® and RealThought®, the
company helps retailers and store designers develop more effective selling spaces
and aids product manufacturers in generating more enticing packaging and merchandising
elements.
Merchant Mechanics combines proprietary techniques, traditional market research
practices, and expert insight based in behavioral psychology to evaluate the
interactions between shoppers and the elements within selling environments.
We use that information to recommend creative and actionable solutions for increasing
shopper's tendency to make purchases.
Merchant Mechanics' heart and soul lies within its research team. The company's
principals each hold an advanced degree in such retail-relevant fields as the
psychology of decision-making, spatial navigation and visual perception. With
many years experience, our project leaders and research staff are extremely
well prepared to rigorously examine and quickly improve any retail environment.
The company is forging its standing as a leader in retail environmental research
and as an activist for creating selling environments and product merchandising
that best match the natural behavioral and perceptual tendencies of shoppers.
Merchant Mechanics creates a better retail experience for shoppers, and thus
a more profitable experience for our clients.
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Q: What is the Merchant Mechanics philosophy?
A: Our philosophy is simple: By studying the details of consumer shopping behavior
as they occur in the store, and revealing why those behaviors happen, we provide
our clients with reliable and impartial insight used to make the best-informed
decisions. Whether we are investigating traffic patterns, signage, store design,
packaging, or any other point-of-purchase matter, our research is designed to
uncover both the "what" and "why" of shopping behavior.
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Q: What services does Merchant Mechanics offer?
A: Merchant Mechanics provides research-based insight into consumer shopping
behavior through combinations of non-invasive in-store video recording, covert
field observation as well as customer and employee interviewing. Our services
are in two main categories:Retail
Forensics®, our cutting-edge proprietary quantitative research services
that includes Retail
Ergonomics and Spatial
Mapping. Our RealThought®Insight
research program includes CriticalPoint
interviewing, FootSteps
research and SpyShopper.
We also offer advanced univariate and multivariate analyses of acquired data.
This approach yields robust simultaneous evaluations of the interrelationships
of co-existing marketing and merchandising elements. These analyses are focused
on uncovering critical "spheres of influence" over consumer actions
as well as opportunities to innovate beyond common practices. Our clients are
often surprised by the profitable findings, and are glad to have been enlightened.
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Q: How much does a Merchant Mechanics project cost?
A: The cost of a Merchant Mechanics research project varies greatly depending
on the number and types of services employed as well as the size, scope and
duration of the project. The total cost is usually comprised of three elements:
professional fees, travel expenses, and out-of-pocket expenses. Professional
fees for basic research services typically range from $35,000 to $100,000. The
cost of a full-scale retail investigation can range from $125,000 to $500,000,
again depending on the scope and duration of the project. All out of pocket
and travel expenses are billed separately.
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Q: How does Merchant Mechanics obtain its data?
A: The majority of our data is acquired from video recording and the on-site
efforts of our field research team. State-of-the-art video recording equipment
captures the overall environmental dynamics as they unfold while our research
team discretely observes and records everything individual shoppers do. We may
also obtain additional qualitative and quantitative data using other market
research methods such as customer and sales associate interviews.
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Q: How long does a typical Merchant Mechanics project last?
A: Research project duration is determined by the needs of the client. Typical
projects, from data collection to report delivery, range from a few weeks for
a benchmark analysis of a single retail element to several months or more for
a full-scale longitudinal study comparing data from several store locations.
Follow-up research and consulting may add to the total project timeline. Quality
of information comes first, but we deliver information in a timely manner so
advantages can be realized as soon as possible. We work closely with our clients
and keep them informed regularly so that actions can be taken at the earliest
sensible moment.
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Q: Do Merchant Mechanics’ methodologies infringe on the rights
of individuals?
A: Our methodologies do not infringe on the rights of individuals. Video surveillance
is used by virtually every retailer in the United States and does not require
the permission of the consumer. However, Merchant Mechanics is an advocate of
consumer and employee privacy. Merchant Mechanics assessments are not designed
to evaluate the actions of single individuals but rather to understand the larger
patterns of human behavior within the selling space. The intention of the research
relates to space planning, marketing and selling. Due to privacy laws, all video
based research data remains the property of Merchant Mechanics. All quantitative
and qualitative information derived from any primary research data is the property
of our clients.
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