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

Everyday Low Price (EDLP)

A retail pricing strategy offering customers consistently low prices on products without requiring coupons, waiting for

Customer Loyalty

Emerges when customers consistently favor a brand over its competitors, leading to repeat purchases and a

Velocity Analysis

A method of analyzing sales data to identify products with high sales velocity. Velocity analysis helps