July 2010
With more than 3,100 different models selling in the Opticians Channel (Apr - Jun2010), what insight can the GfK sales audit provide towards optimising product range? The start of this summer has seen a continued trend in favour of Women’s sunglasses ahead of unisex models, with 2 in 5 sunglass sales being those manufactured specifically for the female demographic (Q2 10, 40%, volume share).
Within the Women’s category plastic models continue to account for an increasing proportion of sales. In fact the 91% share of Women’s sunglass sales achieved by the plastic segment (Apr - Jun10) resulted in record volume sales of 79.5 thousand for this category over that period+.
The importance of this type of Sunglasses is reflected in channels outside of Opticians. The Department Store & Sunglass specialist channel show a similar dynamic with Women’s plastic frames accounting for the largest share of sales (35.1%), compared to 36.4% held in Opticians (Volume Share, All Sunglass Sales, Apr - Jun10). With an average selling price of £80.80, the record women plastic sales achieved in the Opticians channel corresponded to the lowest average price recorded+. In comparison seasonal trends witnessed a decline in the average selling price in the Department Stores/Sunglass Specialist channel, with the women’s plastic category (£64.23, Apr - Jun 10) holding a similar c.20% price differential to that of the overall sunglass market. Will this price difference impact where consumers spend as we move further into Summer months?
* Met Office: 2010 Average Temp. of June (14.1°C) four year high (14.5°C, 2006)
** www.metoffice.gov.uk/corporate/pressoffice/2010/pr20100707.html
+ GfK RT Sunglass Audit, Period Jan 2006 - Jun 2010
Written by David Lewis
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