Consumer Decision Tree (CDT)

Consumer Decision Tree (CDT)

A visual representation of products groups and segments, and the specific questions a shopper is asking themselves when buying a product in a category.

Related Terms

Brand Assessment

Evaluates a brand’s strengths, weaknessess and opportunities for brand development and repositioning.

Markdown Pricing

A pricing strategy where retailers lower the prices of products to boost sales and manage inventory

Lifestage

Refers to one of the distinct phases within a retail business’s lifecycle, encompassing its birth, growth,