1.
Which of the following are reasons why executing the Perfect Store is important?
Correct Answer
D. All of the above
Explanation
Executing the Perfect Store is important for several reasons. Firstly, it will increase velocity by optimizing store placement, ensuring that Red Bull products are easily accessible to customers and improving sales. Secondly, it differentiates Red Bull from its competitors, showcasing the brand's commitment to excellence and creating a unique selling proposition. Lastly, Perfect Store execution helps maintain Red Bull's premium brand standards, ensuring that the products are displayed and promoted in a way that aligns with the brand's image and quality. Therefore, all of the given reasons are valid and important for executing the Perfect Store.
2.
The Red Bull planogram standards were developed to maximize two selling opportunities. What are they? (Check the two below that apply)
Correct Answer(s)
A. Raise awareness of Red Bull Sugarfree
C. Raise size distinction awareness to encourage consumers to trade up to 355ml and 473ml
Explanation
The Red Bull planogram standards were developed to maximize two selling opportunities: raise awareness of Red Bull Sugarfree and raise size distinction awareness to encourage consumers to trade up to 355ml and 473ml. These strategies aim to increase sales by promoting specific products and encouraging customers to purchase larger sizes.
3.
In order to create a Perfect Cold Shelf at Gas/Convenience, where should Red Bull Sugarfree be placed? (Choose the statement that is the most true)
Correct Answer
C. On the handle side of the set
Explanation
The correct answer is "On the handle side of the set." Placing Red Bull Sugarfree on the handle side of the set ensures that it is easily accessible and visible to customers when they open the refrigerator door. This location increases the chances of customers noticing and purchasing the product.
4.
Perfect Shelf standards say Red Bull should be placed in the Strike Zone. Where is the Strike Zone?
Correct Answer
D. Eye-level within the set (shelves 2-4)
Explanation
The Strike Zone, according to Perfect Shelf standards, refers to the eye-level within the set, specifically shelves 2-4. Placing Red Bull in this area ensures maximum visibility and accessibility for customers, as it is at their eye level. This positioning strategy is commonly used to increase sales and attract attention to the product.
5.
What are the 4 aspects to creating a Perfect Cold Shelf at Gas & Convenience? (select all that apply)
Correct Answer(s)
A. Red Bull is in the Strike Zone
B. Red Bull is set to current standards, no damaged or out of code product on shelf, no out of stocks
D. Glides and POS are used where allowed
E. Pricing is appropriately placed for the channel
Explanation
The correct answer includes the aspects that contribute to creating a Perfect Cold Shelf at Gas & Convenience. These aspects are: ensuring that Red Bull is in the Strike Zone, setting Red Bull to current standards with no damaged or out of code product on the shelf and no out of stocks, using Glides and POS where allowed, and appropriately placing pricing for the channel. These factors are important for maintaining a well-organized and stocked cold shelf at a gas station or convenience store.
6.
What is NOT an aspect of creating a Perfect Warm Shelf?
Correct Answer
D. Glides are placed
Explanation
The aspect of "Glides are placed" is not a part of creating a perfect warm shelf. Glides refer to the sliding mechanisms that are used to move products on the shelf, and their placement does not directly contribute to the perfection of the warm shelf. The other options mentioned, such as Red Bull being in the strike zone, meeting current standards, having no damaged or out-of-code products, and appropriate pricing, are all important aspects in creating a perfect warm shelf.
7.
Why is this NOT a Perfect Cold Shelf? (Select all that apply)
Correct Answer(s)
C. Uses non approved and out-dated POS
D. The shelf set does not follow current schematics
E. Not all SKUs are priced
Explanation
The given answer is correct because it identifies three reasons why this is not a perfect cold shelf. Firstly, the shelf uses non-approved and outdated POS (point of sale) systems, which may affect the efficiency and accuracy of transactions. Secondly, the shelf set does not follow the current schematics, indicating a lack of organization and adherence to proper merchandising guidelines. Lastly, not all SKUs (stock keeping units) are priced, which can lead to confusion and inconvenience for customers.
8.
Price Communication needs to be present at all times, using either Chain pricing or Red Bull Price Communication solutions.
Correct Answer
A. True
Explanation
The statement suggests that Price Communication should always be present, and it can be achieved through either Chain pricing or Red Bull Price Communication solutions. This implies that both methods are valid and can be used interchangeably to ensure effective communication of prices. Therefore, the answer is true.
9.
Shopper Marketing research shows that:
Correct Answer
D. All of the above
Explanation
The given answer, "All of the above," is correct because the provided statements are supported by Shopper Marketing research. The research shows that a majority of shoppers enter stores without detailed shopping lists, 85% of shoppers make impulse purchases, and shoppers are influenced at the point of purchase by product displays. Therefore, all three statements are true based on the research findings.
10.
Creating a Perfect Display includes using current, Red Bull supplied POS, NOT non-approved or out-dated POS.
Correct Answer
A. True
Explanation
Using current, Red Bull supplied POS (Point of Sale) is essential for creating a perfect display. This means that non-approved or out-dated POS should not be used. By using the current POS provided by Red Bull, the display will be up to date and in line with the brand's standards. This ensures that the display effectively promotes Red Bull products and maintains a consistent image for the brand.
11.
The five aspects that create a Perfect Display are (check all that apply).
Correct Answer(s)
A. It uses current Red Bull supplied POS
E. Pricing is placed approprately for the channel
F. The display is located in a high traffic, high visibility location
G. It is product-focused, neat, shoppable, and 20% Sugarfree
H. The display is concise... less is more
Explanation
The correct answer options for the question are all the factors that contribute to creating a perfect display. These factors include using the current Red Bull supplied point of sale (POS), placing pricing appropriately for the channel, locating the display in a high traffic and high visibility location, ensuring the display is product-focused, neat, shoppable, and 20% Sugarfree, and keeping the display concise to follow the "less is more" principle. These aspects combined create an ideal display that effectively showcases the product and attracts customers.
12.
When creating Perfect Displays, it's ok to use more than one Occasionality message at one time.
Correct Answer
B. False
Explanation
When creating Perfect Displays, it is not okay to use more than one Occasionality message at one time. Using multiple Occasionality messages can create confusion and dilute the impact of the display. It is important to choose one specific Occasionality message that aligns with the display's purpose and effectively communicates the intended message to the audience.
13.
What is the one aspect of the display that is NOT Perfect?
Correct Answer
C. The display uses Red Bull supplied POS; however, POS with two different messages are being used
Explanation
The aspect of the display that is not perfect is that it uses Red Bull supplied POS, but with two different messages. This means that the display is not consistent in its messaging, which can confuse or distract customers.
14.
Is this a Perfect Display?
Correct Answer
B. No
Explanation
The answer is "No" because the question asks whether the display is perfect or not. Since the answer is "No," it implies that the display is not perfect.
15.
The aspects that create a Perfect Red Bull Rack or Red Bull Cooler Placement are: (check all that apply)
Correct Answer(s)
A. Red Bull is set to current schematics, with no damaged, out of code or out of stocks
B. Pricing is placed appropriately for channel
C. The equipment is located in high traffic, high visibility location
D. On equipment that allows for messaging, only one current Occasionality message is used at a time, statics are placed on coolers just above the handle, and shelf strips are placed where possible
Explanation
A perfect Red Bull Rack or Red Bull Cooler Placement requires several aspects to be considered. Firstly, the Red Bull products should be set according to the current schematics, ensuring that there are no damaged, out of code, or out of stock items. Secondly, the pricing should be placed appropriately for the specific channel in which the products are being sold. Additionally, the equipment should be located in a high traffic and high visibility location to maximize exposure and potential sales. Lastly, if the equipment allows for messaging, only one current Occasionality message should be used at a time, with statics placed on coolers just above the handle, and shelf strips placed where possible.
16.
What are the aspects of this Cooler placement that are NOT Perfect? (select all that apply)
Correct Answer(s)
A. The cooler is not set to current national standards
C. There is no POS messaging
Explanation
The aspects of this Cooler placement that are NOT perfect are that the cooler is not set to current national standards, which means it may not meet the required regulations or guidelines. Additionally, there is no POS messaging, which refers to the absence of point-of-sale messaging or promotional materials that could attract customers' attention and provide information about the products.
17.
Which of the following are QPOD Placement Priorities for Grocery/Mass/Drug stores? (select all that apply)
Correct Answer(s)
A. Beverages/Energy
B. Checkout
C. Snacks & End Caps
D. Dairy
E. Prepared Foods
Explanation
The QPOD Placement Priorities for Grocery/Mass/Drug stores include Beverages/Energy, Checkout, Snacks & End Caps, Dairy, and Prepared Foods. These priorities suggest that these categories are given importance in terms of their placement within the store. The store aims to prioritize these categories to maximize sales and customer satisfaction.
18.
The best way to execute incremental merchandising opportunities once you've covered the QPOD Placement Priorities is by:
Correct Answer
B. Walking the Perfect Path looking for incremental opportunities to present to the store manager
Explanation
Walking the Perfect Path looking for incremental opportunities to present to the store manager is the best way to execute incremental merchandising opportunities once the QPOD Placement Priorities have been covered. This involves actively exploring the store and identifying areas where additional QPODs can be placed to maximize sales and visibility. By presenting these opportunities to the store manager, it allows for collaboration and decision-making on the best placement strategy. This approach ensures that all possible merchandising opportunities are explored and utilized effectively.
19.
What IS Perfect about this Rack Placement?
Correct Answer
A. Located in high traffic, high visibility location
Explanation
The given answer suggests that the perfect aspect of this rack placement is that it is located in a high traffic, high visibility location. This means that the rack is positioned in an area where it can attract a lot of attention from people passing by, increasing the chances of them noticing and potentially purchasing the products on the rack. Being in a high visibility location also ensures that the rack is easily noticeable and accessible to customers.
20.
How can we take this rack to the next level?
Correct Answer
C. Turn cans
Explanation
Turning the cans can enhance the visual appeal of the rack and make it more attractive to customers. By rotating the cans, different flavors and labels are displayed, creating a more visually appealing arrangement. This can also help to prevent any specific flavor from being overlooked or ignored by customers.