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Đề Thi Marathon NielsenIQ
Đề Thi Marathon NielsenIQ
Đề Thi Marathon NielsenIQ
NielsenIQ Vietnam
June – July 2021
Situation: Background:
This case study is designed to be a “real Blu.UK company is an European company operating in Home-Personal care industry,
life” situation, in which you should perform offering a wide range of heritage brands, including those in Laundry Products, Hair
as you are the BOD of Blu.UK company. care (Shampoo and Hair Conditioner), Personal Wash (Bar Soap, Shower Gel, and
Hand Wash).
Data in this deck is not necessarily in its
right order. You have to work on it and Blu.UK is the market leader in Vietnam in all their operating categories, but due to
should not solely depend on it. the impact of Covid-19, they are facing tremendous threats from local emerging
players, especially in Shower Gel category. This fastens the long-term decline of their
*The data shown in this deck is mock-up data core premium brand – Swan. As the meeting with Board of Directors is coming next
month, the BOD request Market Department to outline their strategies in Shower Gel
category, with following business questions:
■ For core brand – Swan, what should they do to turn around the current situation,
and protect No.1 position as a heritage and once-performing brand
You can choose your own way to ■ For other brands in their portfolio (Leben and Heaven), what should they do to
present your plan with the Regional catch up with new market trends which have brought up during last 2 years.
(Leben offer Hygiene products and Heaven offer Whitening benefits to consumers)
Leader
As the BOD of Blu.UK Vietnam, please prepare your plan and share it with the
Regional Leader in the upcoming face-to-face/virtual meeting
2 2
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Acronym and fact explantion
Market & Period Facts
Value Sales Per Point of Distribution is the average value sales per
Value SPPD each percentage point of Wtd Dist. of a product
It is the average price per unit for the product over the time
Price Per
period, representing for average retail selling price to the
Pack consumer 3
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Vietnam’s market structure
Complex Structure In The Retail Landscape Traditional Trade
6 •
•
Traditional Grocery
Semi-retailer
store types
• Market Stall / Market Stall
MANUFACTURER WHOLESALERS
0.62 M STORES ACCOUNT
•
biscuit spirit
Milk/Biscuit/Spirit
FOR 76% • Biscuit/Confectionery
HOME-PERSONAL CARE SALES
SEMI-RETAILERS E-commerce
CONSUMERS ~1% FMCG Sales dominated by Lazada, Shopee, Tiki and Sendo
4
© 2021 Nielsen Consumer LLC. All Rights Reserved.
GDP growth by SEA countries
7.7%
-6.0% -6.0%
-7.0%
-8.3%
Source: EIU available projection as at June 2020. Annual GDP percent change (P) projection
5
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Early Covid-19
23% experienced employment
impacts
Current Covid-19
46% experienced income,
financial situation impacts
‘Newly’ constrained consumers
Source: NielsenIQ Unlocking Consumption global survey. Early COVID-19 September 2020, Current COVID-19 December 2020/January 2021 6 6
© 2021
© 2021 Nielsen
NielsenConsumer
ConsumerLLC.
LLC.All
AllRights
RightsReserved.
Reserved.
Price segments by key super-categories
12.4 14.0
24.7 24.5 26.9 27.9 26.4 27.7 31.6 31.9
38.6 38.9
49.5 47.9
61.0 57.7
33.8 37.1
20.4 19.6 16.5 16.1 15.1 15.8 15.8 14.3
5.9 5.9 10.6 10.3
1.0 1.2
2019 2020 2019 2020 2019 2020 2019 2020 2019 2020 2019 2020 2019 2020 2019 2020
Beer Cigarette Beverage Foods Home Care Milk Bases Personal Care Baby Care
Value (API <80) Mainstream (80 =< API =<120) Premium (API >120)
Source: IMF, GDP current prices (purchasing power parity), October 2020. 2021 predictions 8
© 2021
© 2021 Nielsen
Nielsen Consumer
ConsumerLLC.
LLC.All
AllRights
RightsReserved.
Reserved.
Spending changes of different consumer groups
Existing -48%
16% 18% ▲3
Constrained -10%
Newly -60%
Constrained
40% 20% ▼ 20 -28%
Cautious -35%
10% 25% ▲ 15
Insulated 1%
Unrestricted -30%
Insulated 8% 12% ▲4
2%
APAC ▲2
Source: NielsenIQ Unlocking Consumption global survey. Qin which areas have you changed your spending levels due to the impact of COVID-19....
9
© 2021 Nielsen Consumer LLC. All Rights Reserved.
4 consumer groups
Price:
8% 6% 12% 10% 10% 12% 3% 4%
cheaper | premium
Source: NielsenIQ Unlocking Consumption global survey. How purchasing changed. Average across all categories.
11
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Accessibility code for consumers
▲ private label should provide ▲ shop across multiple off & ▲ willing to pay more for ▲ willing to pay more for
as good/ better value than online retailers to get the best higher quality higher quality
branded value
▲ retailers should make ▲ easier search/ compare, ▲ willing to pay online ▲ private label should provide
it easier to access value time saving shopping online subscription and delivery fees as good/ better value than
products branded
▼ least likely to travel for ▲ want greater variety of ▲ shop across multiple off &
promo, pay online delivery quality, value products online retailers to get best
or subscription fees value
Source: NielsenIQ Unlocking Consumption global survey. Q. Which of the following do you agree/disagree with? Agree vs disagree index to global average. ▼ under-index ▲ over index
12
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Vietnam’s macro-economy in 2020
GDP %
GDP growth vs YA
Growth YA Sectors’ GDP growth vs. year ago
5.2 5.6
7.1 7.0 4.7 4.7
6.8 4.0
6.2 2.9 2.9 3.3
2.7 2.3 2.5
1.0 1.4
4.5
3.7 0.1
2.9 2.7
-1.8
Q1'20
Q1'20
Q1'20
FY 2020
FY 2020
FY 2020
Q4'20
Q4'20
Q4'20
Q2'20
Q2'20
Q2'20
0.4
Q3'20
Q3'20
Q3'20
Agriculture, Forestry & Industrial & Construction | Service |41.6%
Fishery | 14.9% 33.7%
5.6
2017
2018
2019
2020
Q1'20
Q2'20
Q3'20
Q4'20
Contribution 38.0%
FROM A SPECIFIC
Growth +6.8% vs 4.6% of FMCG 50% 21%
COUNTRY
1.9% Share achieved after
6 months launch
Source: Nielsen Global Premiumization Study 2018. Retail Audit data Source: NielsenIQ Global Premiumization Study 2018
14
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Consumer confidence and their spare cash spending
51
New clothes
43
42
48 New technology products
45 41 37
37
31 27
20 22 45
Out of home entertainment
33
Job security Health The economy Work/life balance
Q4'19 Q4'20 Q4'19 Q4'20
Source: NielsenIQ Global Consumer Confidence Dashboard ending Q4’20 15
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Vietnam’s FMCG landscape in 2020
Internet Economy GMV (Gross Merchandise Value) Shift in buying behavior due to Covid (SEA countries)
In Bil. USD (use more than before)
Travel -15%
52 Transport -15%
Personal loans 3%
Clothing 3%
Beauty 10%
Education 20%
3
Groceries 31%
2015 2019 2020 2025 (F) Food delivery 32%
Source: Bain Insights. % respondents who respond “More than before” - % of respondents who respond “Less than before”
17
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PACK
Vietnam – Top 10 SKUs – Pack & Price Combination Swan Leben Heaven Sifa Charming
200,000
Swan Deep Nurture Bottle 900
180,000
Charming Charm Bottle 650
160,000
140,000
Swan Deep Nurture Bottle 530
Price Per Pack (VND)
120,000
Swan Aquala Bottle 530
100,000
Sifa Milky Bottle 250
80,000 Swan Gentle Care 530
60,000
40,000
Leben Protect Bottle 250
20,000
0
200 250 300 350 400 450 500 550 600 650 700 750 800 850 900 950 1,000 1,050 1,100 1,150 1,200
Packsize (GM-ML)
Source: NielsenIQ Retail Audit ending Apr’21
18
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Price segment of Shower Gel
Economy (API <80) Mainstream (API: 100-120) Premium (API: 120-150) Super Premium (API >150)
MAT 2YA MAT YA MAT TY MAT 2YA MAT YA MAT TY MAT 2YA MAT YA MAT TY MAT 2YA MAT YA MAT TY MAT 2YA MAT YA MAT TY
Vietnam TT North TT Central TT South MT Vietnam
14.0 Heaven
15 13.7 13.313.113.6
13.1
12.0 Turmy
11.6 11.211.211.0 11.5 11.411.5
10.8 11.0 11.010.9 10.6
10.2 9.7 9.9 10.110.0 Swan
9.4
10 8.5 8.0 8.4 8.5 8.3 Sifa
7.8
6.8 6.9 6.8 6.3
5.9 5.6 6.0 6.0 5.9 5.9 Dashing
5.4 4.9
4.6 4.8 4.5 4.9 4.3 4.8 4.9 4.7
Pure
5 3.2 2.8 3.3 3.8 3.0 2.9 3.6 3.4 3.2
Live
0
MAT YA
MAT YA
MAT YA
MAT YA
MAT YA
MAT TY
MAT TY
MAT TY
MAT TY
MAT TY
Q4'19
Q1'20
Q4'20
Q1'21
Q4'19
Q1'20
Q4'20
Q1'21
Q4'19
Q1'20
Q4'20
Q1'21
Q4'19
Q1'20
Q4'20
Q1'21
Q4'19
Q1'20
Q4'20
Q1'21
Vietnam TT North TT Central TT South MT Vietnam
Source: NielsenIQ Retail Audit ending Apr’21 | TT South include SouthEast (SE) and Mekong Delta (MKD)
21
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PRODUCT
Vietnam – Swan – Value % Share Vietnam – Swan by key variants – Value % Share
Swan Swan
7 7
6 6
5
5
4
4
3
3
2
2 1
Swan MAT 2YA MAT YA MAT TY L3M
JUN18
JUL18
OCT18
DEC18
FEB19
JUN19
JUL19
OCT19
DEC19
FEB20
JUN20
JUL20
OCT20
DEC20
FEB21
NOV20
MAY18
AUG18
NOV18
MAY19
AUG19
NOV19
MAY20
AUG20
SEP18
SEP19
SEP20
JAN19
MAR19
APR19
JAN20
MAR20
APR20
JAN21
MAR21
APR21
Val % Growth vs. YA -4 -18 -20
0
MAY20 JUN20 JUL20 AUG20 SEP20 OCT20 NOV20 DEC20 JAN21 FEB21 MAR21 APR21 Aquala Deep Nurture Gentle Care
Swan Natural Total Swan Core variants
2 YEARS AGO LAST YEAR THIS YEAR
Source: NielsenIQ Retail Audit ending Apr’21
22
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PLACE
100 120
91 91
88
90
82 81
78 100
80
70 66 67
65
62 60 62 80
60 57 57 57 56 55
55 55 55 53 55 54 53
50 60
40
31 31 32 32 30 31
40
30
20
9.3 8.0 9.3 8.7 7.7 7.8 20
8.7 8.4 8.5 8.4 8.3 8.5 7.7 6.3 7.8 6.9 6.0 6.9
10 5.8 6.0 6.1 5.6 6.1 6.6
3.8 3.8 3.6 3.7 3.7 4.0
0 0
MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21
YA TY YA TY YA TY YA TY YA TY
TT North TT Central TT SE TT MKD MT Vietnam
Heaven
WTD Dist NUM Dist Value % Share Val SPPD (Bil. VND/Wtd)
Source: NielsenIQ Retail Audit ending Apr’21
23
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PLACE
120 350
97 97 96 97 98 97 300
100
250
80
200
57 58 56 57 57 57 58 56 57 57 56 58 56 57 56
60 54 54 55
48 48 48 150
43 43 44
40
100
22.5 22.2 23.6 23.6 22.8 24.9 22.7 22.1 22.7 22.4 22.2
18.4 19.1 20.3 19.8 20.6 20.2 18.2 18.7 18.9 20.4 19.9 18.7 20.5 19.4 18.4 18.6 19.0
16.2 16.5
20
50
0 0
MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21
YA TY YA TY YA TY YA TY YA TY
TT North TT Central TT SE TT MKD MT Vietnam
Leben
WTD Dist NUM Dist Value % Share Val SPPD (Bil. VND/Wtd)
Source: NielsenIQ Retail Audit ending Apr’21
24
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PLACE
100 100
91 92
90 88
90 87 86 90
80 80
70 70
60 60
50 51 50
50 46 45 46 45 45 45 46 45 50
42 43 44
41 42 41
39
40 40
30 26 26 26 25 27 27 30
20 20
10 5.4 3.9 5.8 5.2 4.0 4.5 3.1 4.3 4.1 3.0 2.8 4.2 2.8 4.2 4.2 2.6 2.7 5.5 4.1 6.0 5.0 4.4 4.2 10
2.6 2.1 2.5 2.8 2.1 2.1 3.5
0 0
MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21
YA TY YA TY YA TY YA TY YA TY
TT North TT Central TT SE TT MKD MT Vietnam
Swan Core
WTD Dist NUM Dist Value % Share Val SPPD (Bil. VND/Wtd)
Source: NielsenIQ Retail Audit ending Apr’21
25
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PLACE
100 50
89 88
90 86 45
83 81
78
80 40
70 35
60 30
50 25
40 35 34 34 35 20
32 33 33
30 31 30 29 31
26 28
30 25 25 24 15
23 22 22 23
20 20
20 17 10
10 5
0.5 0.7 0.7 0.9 0.7 0.7 0.5 0.8 0.7 0.6 0.8 0.7 0.3 0.4 0.4 0.5 0.4 0.4 0.2 0.4 0.4 0.3 0.3 0.4 1.3 1.7 1.7 1.7 1.8 1.6
0 0
MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21
YA TY YA TY YA TY YA TY YA TY
TT North TT Central TT SE TT MKD MT Vietnam
Swan Natural
WTD Dist NUM Dist Value % Share Val SPPD (Bil. VND/Wtd)
Source: NielsenIQ Retail Audit ending Apr’21
26
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PLACE
90 1.8
81 82
80 78
80 76 77 1.6
70 1.4
60 1.2
50 1
40 37 0.8
34 35
31 32 32 32 31
30 29
30 27 27 27 27 27 0.6
24 24 25
21 21 22
17 18 18
20 0.4
WTD Dist NUM Dist Value % Share Val SPPD (Bil. VND/Wtd)
Source: NielsenIQ Retail Audit ending Apr’21
27
© 2021 Nielsen Consumer LLC. All Rights Reserved.
PLACE
80 3.5
74
72 71
71 70 70
70 3
60 56 56 56
53 53 2.5
51 51 50 52
48 49
50 47
44 44 44 44 44 45
2
40
1.5
28 29 27 28 29 28
30
1
20
9.4
7.1 7.7 6.9 7.4 7.8 7.1 8.1 8.9 7.7 8.4 8.3 7.5 9.1 7.4 8.0 9.0 8.7 0.5
10 5.5 6.0 5.2 5.7 6.0 6.0
1.9 1.9 1.8 1.7 1.6 1.5
0 0
MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21 MAT MAT Q4'19 Q1'20 Q4'20 Q1'21
YA TY YA TY YA TY YA TY YA TY
TT North TT Central TT SE TT MKD MT Vietnam
Turmy
WTD Dist NUM Dist Value % Share Val SPPD (Bil. VND/Wtd)
Source: NielsenIQ Retail Audit ending Apr’21
28
© 2021 Nielsen Consumer LLC. All Rights Reserved.
Thank you.
NielsenIQ Vietnam
29
© 2021 Nielsen Consumer LLC. All Rights Reserved.