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Whole Foods Case Study
       September 2010
     Joost van Dreunen, Ph.D.




          Confidential & Proprietary Copyright
            © 2010 SuperData Research
Executive Summary
        what we found

Based on a comparative analysis using Foursquare check-in data we made the following
observations:

    Measured by check-ins, Whole Foods’ share of Grocery Store category is more
    than twice as large as Trader Joe’s

    Weekday traffic for Whole Foods concentrates around lunchtime, while Trader
    Joe’s traffic peaks at dinnertime

    Whole Foods sees steady traffic throughout the week, compared to a spike in
    traffic in Trader Joe’s outlets during the weekend

    Both Whole Foods and Trader Joe’s are equally distributed for gender, despite
    men representing a larger share in the overall data set

    Over 9% of Whole Foods’ traffic checks in at its restaurants and coffee shops,
    and 2% of Trader Joe’s traffic checks in at its wineshop
                                Confidential & Proprietary Copyright
                                  © 2010 SuperData Research
Section 1




       Overview



        Confidential & Proprietary Copyright
          © 2010 SuperData Research
Index
       what’s in here?

Overview
Index
Methodology

Market Share
Whole Foods vs. Trader Joe’s in Tri-State area
Days of the Week
Time of Day Comparison
Gender Distribution
Category Breakdown


Store-to-Store Comparison
Hyper-Local Comparison
Market Share: Union Square
Daily Traffic: Union Square
Market Share: 6th Avenue
Daily Traffic: 6th Avenue


Everything Else
About, Contact, Fine Print

                                         Confidential & Proprietary Copyright
                                           © 2010 SuperData Research
Methodology
    what did we do, and how did we do it?

Data: 179,129 unique Foursquare check-ins for Grocery store segment in New York
Tri-State area

Time Period: July 19 to August 26, 2010

Venues: top 15 most popular outlets for both Whole Foods and Trader Joe’s,
totaling 30 stores

Analysis: compare branches to each other and to overall grocery store traffic across
different variables




                              Confidential & Proprietary Copyright
                                © 2010 SuperData Research
Section 2




     Market Share



        Confidential & Proprietary Copyright
          © 2010 SuperData Research
Market Share
                           Whole Foods 2.3x more traffic than Trader Joe’s in NYC market


         Market Share in New York’s Grocery-segment (%)
                                                                                                                                                                                                                             Trader Joe’s
30%                                                                                                                                                                                                                          averages 107 daily
                                                                                                                                                                                                                             check-ins; Whole
25%                                                                                                                                                                                                                          Foods 251

20%                                                                                                                                                                                                                          On peak days, Whole
                                                                                                                                                                                                                             Foods claims 25% of
15%                                                                                                                                                                                                                          entire grocery
                                                                                                                                                                                                                             segment
10%
                                                                                                                                                                                                                             For Total Market,
5%                                                                                                                                                                                                                           Saturdays are busiest
                                                                                                                                                                                                                             day, with 21.4% of
0%                                                                                                                                                                                                                           weekly traffic
      7/23
             7/24
                    7/25
                           7/26
                                  7/27
                                         7/28
                                                7/29
                                                       7/30
                                                              7/31
                                                                     8/1
                                                                           8/2
                                                                                 8/3
                                                                                       8/4
                                                                                             8/5
                                                                                                   8/6
                                                                                                         8/7
                                                                                                               8/8
                                                                                                                     8/9
                                                                                                                           8/10
                                                                                                                                  8/11
                                                                                                                                         8/12
                                                                                                                                                8/13
                                                                                                                                                       8/14
                                                                                                                                                              8/15
                                                                                                                                                                     8/16
                                                                                                                                                                            8/17
                                                                                                                                                                                   8/18
                                                                                                                                                                                          8/19
                                                                                                                                                                                                 8/20
                                                                                                                                                                                                        8/21
                                                                                                                                                                                                               8/22
                                                                                                                                                                                                                      8/23
                                                                     Whole Foods                                 Trader Joe's

 n = 35,360 check-ins recorded in Tri-State region, from July 23rd to August 23rd, 2010.

                                                                                                                      Confidential & Proprietary Copyright
                                                                                                                        © 2010 SuperData Research
Days of the Week
   day-to-day traffic throughout the week

                                       Share of Check-in Traffic Distributed by Day of
                                                       the Week (%)
                                    25%
For Trader Joe’s, Saturday                                                                        weekend
(18.0%) and Sunday
(22.6%) are busiest                 20%


Whole Foods’ peak days
                                    15%
are Mondays (17.2%) and
Sundays (16.9%)
                                    10%

Whole Foods more equally
distributed throughout                5%
week, with high/low
difference of 6%, compared
                                      0%
to Trader Joe’s 14%                             Mon        Tues    Wed       Thurs     Fri      Sat        Sun
                                                               Whole Foods       Trader Joe’s

                                                                                             n = 11,272 check-ins.


                             Confidential & Proprietary Copyright
                               © 2010 SuperData Research
Time of Day
           what time do people check-in during the day?

      Check-in Traffic by Time of Day (hourly, standardized)

15%                                                                            1   Compared to overall
                                                              3                    segment, both Whole
                                         2                                         Foods and Trader Joe’s
                                                                                   show above average
10%                                                                                traffic during lunch time
                                1
                                                                               2   But Whole Foods sees
                                                                                   most lunchtime traffic...
5%

                                                                               3   ...and Trader Joe’s
                                                                                   dominates during
                                                                                   dinner time
0%
   1: M

   2: M

   3: M

   4: M

   5: M

   6: M

   7: M

   8: M

   9: M
        AM


  11 AM

  12 AM

   1: M

   2: M

   3: M

   4: M

   5: M

   6: M

   7: M

   8: M

   9: M
        PM


  11 PM
        PM
        A

        A

        A

        A

        A

        A

        A

        A

        A




        P

        P

        P

        P

        P

        P

        P

        P

        P
      0
     00

     00

     00

     00

     00

     00

     00

     00

     00

      0

      0

      0
     00

     00

     00

     00

     00

     00

     00

     00

     00

      0

      0
    :0




    :0

    :0

    :0




    :0

    :0
  12




  10




  10




            Whole Foods   Trader Joe’s     Total Grocery Segment                             n = 112,934 check-ins.



                                         Confidential & Proprietary Copyright
                                           © 2010 SuperData Research
Gender Breakdown
        overall grocery segment skews male

  Gender Distribution by Branch, Overall (%)
70.0%


60.0%                                                                               Both Whole Foods
                                                                                    (53.7% male, 47.3%
50.0%                                                                               female) and Trader Joe’s
                                                                                    (50.9%, 49.1%) are
40.0%
                                                                                    equally distributed...
30.0%
                                                                                    ...while the overall grocery
20.0%                                                                               check-ins tend to be
                                                                                    61.4% male and 38.6%
10.0%
                                                                                    female
  0%
             Wholefoods          Trader Joe's Total Grocery Segment
                          Male       Female

 n = 176,208 check-ins.


                                              Confidential & Proprietary Copyright
                                                © 2010 SuperData Research
Category breakdown
store check-ins by category

                             Category Distribution
Foursquare Category                               Whole Foods Trader Joe’s Total
Shops:Food & Drink:Grocery / Supermarket            57.4%        27.6%     85.0%
Shops:Food & Drink                                   9.2%         0.0%     9.2%
Shops:Food & Drink:Wine Shop                         0.0%        2.3%      2.3%
Food:Vegetarian / Vegan                              1.5%         0.0%     1.5%
Food:Coffee Shop                                     1.1%         0.0%     1.1%
Nightlife:Wine Bar                                   0.0%         0.6%     0.6%
Shops:Food & Drink:Gourmet                           0.0%         0.3%     0.3%
                                                                    n = 11,133 check-ins.


In total, 15% of check-ins are labeled under something other than Grocery
Store
Whole Foods’ wine shop receives no mention at all (despite its specials),
compared to Trader Joe’s
With 9.2% of Whole Foods’ traffic coming from people at its restaurants,
Trader Joe’s may consider offering a comparable feature


                             Confidential & Proprietary Copyright
                               © 2010 SuperData Research
Section 3




Store-to-Store Comparison



         Confidential & Proprietary Copyright
           © 2010 SuperData Research
Hyper-Local Comparison
        local data allows for competitive analysis in small area


Union Square                                                6th Avenue
Whole Foods: 4 Union Square                                 Whole Foods: 250 7th Avenue
Trader Joe’s: 142 East 14th Street                          Trader Joe’s: 675 6th Avenue




                                     Confidential & Proprietary Copyright
                                       © 2010 SuperData Research
Market Share: Union Sq.
       store traffic compared to total grocery segment check-ins

    Union Square Area                  Hyper-Local: Check-in Traffic by Time of Day
                                                  (standardized hourly)
1   Both outlets have      12%
                                     n= 5,345.
    below average traffic
    during morning and                                                    1                       2
    early afternoon,...
                           8%


2   ...and above average
    around dinner time.
    This indicates an      4%
    opportunity to draw
    in more grocery
    shoppers during first
                           0%
    half of the day
                                  1: AM

                                  2: AM

                                  3: AM

                                  4: AM

                                  5: AM

                                  6: AM

                                  7: AM

                                  8: AM

                                  9: AM
                                 10 AM

                                 11 AM

                                 12 AM

                                  1: PM

                                  2: PM

                                  3: PM

                                  4: PM

                                  5: PM

                                  6: PM

                                  7: PM

                                  8: PM

                                  9: PM
                                 10 PM

                                 11 PM
                                        PM
                                      0
                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                      0

                                      0

                                      0
                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                    00

                                      0

                                      0
                                   :0




                                   :0

                                   :0

                                   :0




                                   :0

                                   :0
                             12




                                                           Hyper-Local Market Area
                                                           Whole Foods on Union Square
                                                           Trader Joe’s on 142 East 14th Street


                                 Confidential & Proprietary Copyright
                                   © 2010 SuperData Research
Daily Traffic: Union Sq.
       day-to-day check-ins for hyper-local market area

      Share of Check-in Traffic Distributed by
        Day of the Week (%, standardized)
                                                                                   1   Whole Foods excels
35%                                                                                    on Tuesdays, when
      n= 5,345
                                                        3                              overall traffic is slow
30%

                                                                     4
25%                                                                                    but falls behind
                                                                                   2
20%              1                                                                     during the weekend
                                                    2
15%                                                                                    as overall traffic in the
                                                                                   3
10%
                                                                                       area peaks on
                                                                                       Saturdays
5%

0%                                                                                 4   and is followed by
      Mon        Tues    Wed      Thurs       Fri        Sat        Sun                strong Sundays for
                  Whole Foods on Union Square                                          Trader Joe’s
                  Trader Joe’s on 142 East 14th Street
                  Hyper-Local Market Area


                                             Confidential & Proprietary Copyright
                                               © 2010 SuperData Research
Market Share: 6th Avenue
             store traffic compared to total grocery segment check-ins

       Hyper-Local: Check-in Traffic by Time of Day
                  (standardized hourly)
15%                                                                               1   Whole Foods sees more
        n= 2,308                                                                      traffic during early
                                     2                                                morning breakfast traffic
                                                               3
10%
                                                                                  2   During lunchtime, both
                                                                                      stores are on par with the
                   1                                                                  area average
5%

                                                                                  3   Toward dinnertime Trader
                                                                                      Joe’s dominates, leaving
0%
                                                                                      room for growth for
                                                                                      Whole Foods
       1: AM
       2: AM
       3: AM
       4: AM
       5: AM
       6: AM
       7: AM
       8: AM
       9: AM
      10 AM

        :0 M
        :0 M
       1: PM
       2: PM
       3: PM
       4: PM
       5: PM
       6: PM
       7: PM
       8: PM
       9: PM
      10 PM

        :0 M
             PM
      11 0 A
      12 0 A




      11 0 P
           0
         00
         00
         00
         00
         00
         00
         00
         00
         00




           0
         00
         00
         00
         00
         00
         00
         00
         00
         00



           0
        :0




        :0




        :0
  12




                       Hyper Local Market Area
                       Whole Foods on 7th Ave
                       Trader Joe’s on 6th Ave

                                            Confidential & Proprietary Copyright
                                              © 2010 SuperData Research
Daily Traffic: 6th Avenue
     day-to-day check-ins for hyper-local market area

                                       Share of Check-in Traffic Distributed by
                                         Day of the Week (%, standardized)
1   Both outlets see       25%
                                                                                                    n= 2,308
    strong traffic on                          1
    Mondays                20%
                                                          2                                     3
2   and Whole Foods        15%
    maintains its share
    when the overall
                           10%
    market slows
                           5%
3   but fails to recover
    when traffic picks up
                           0%
    again during the                 Mon          Tues        Wed       Thurs      Fri        Sat   Sun
    weekend                                                         Whole Foods on 7th Ave
                                                                    Trader Joe’s on 6th Ave
                                                                    Hyper Local Market Area


                            Confidential & Proprietary Copyright
                              © 2010 SuperData Research
Section 4




    Everything Else



        Confidential & Proprietary Copyright
          © 2010 SuperData Research
About
SuperData Research, Inc. is a research provider specialized in digitally distributed entertainment. We help
clients think through challenges and opportunities related to digital entertainment, including location-based
media, smartphone business models, monetization, alternative payment methods, and virtual item sales.
We apply traditional retail expertise to online entertainment consumption and digital distribution.

SuperData Research employs a multidisciplinary approach in compiling the data to drive its analyses. This
includes over 50 million unique online transactions, ethnographic observation, expert interviews, and
surveys.

In January 2010, SuperData Research secured multi-year angel funding. Our client base includes brand
owners, developers, payment providers, publishers, retailers and VCs.

About the Author
Joost has over a decade of commercial research experience on interactive entertainment and technology
industries. Prior to founding SuperData he held senior analyst positions at Nielsen Online and DFC
Intelligence. He specializes in digital entertainment and has written extensively on video games, digital
audiences, micro-transactions, monetization and digital distribution.

Joost is an affiliate researcher at the Columbia Institute for Tele-Information, a member of the Center of
Organizational Innovation and teaches at the NYU Game Center. He holds a doctorate degree from
Columbia University.


                                      Confidential & Proprietary Copyright
                                        © 2010 SuperData Research
Contact




Lead Analyst
Joost van Dreunen, Ph.D.
joost@superdataresearch.com

116 West 23rd Street, 5th floor
New York, NY 10011
(646) 375 2273
www.superdataresearch.com
Twitter @_SuperData


                                 Confidential & Proprietary Copyright
                                   © 2010 SuperData Research
Fine Print
Conditions of Purchase
Purchase of this multi-client study is on a nonexclusive basis. This report has not been commissioned or
contracted for by any one person or organization. The information contained is confidential to the purchaser, and
the purchaser agrees not to circulate or loan the report in whole or in part to: their subsidiaries or divisions,
industry trade associations (if not the purchaser), the general public, the media, nor other parties not belonging to
their company, agency or organization. Unauthorized reproduction and dissemination which is discovered by
SuperData Research (the publisher) shall constitute grounds for legal prosecution and damages under U.S.
copyright law.

SuperData Research has made every attempt to verify the accuracy and completeness of information in this
report from sources we believe to be reliable. It is understood, however, that our estimates, forecasts, opinions
and recommendations represent the judgment of our analysts, based on the best information available at the time
of publication. It is recommended that purchasers also consult other available business sources and not rely solely
on this analysis as the basis for major strategic, financial, or management decisions. SuperData Research makes
no warranty or representation, either expressed or implied, with respect to the information in this report. In no
event will SuperData Research be liable for direct, indirect or consequential damages resulting from any defect or
inaccuracy in this report, even if advised of the possibility of such damages.

Information about specific companies is not intended to be a complete description, nor of their securities, nor is
this study an offer to buy or sell such securities. SuperData Research’s liability, if any, shall not exceed the amount
paid for this study.


                                              Confidential & Proprietary Copyright
                                                © 2010 SuperData Research

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Whole Foods Case Study

  • 1. Whole Foods Case Study September 2010 Joost van Dreunen, Ph.D. Confidential & Proprietary Copyright © 2010 SuperData Research
  • 2. Executive Summary what we found Based on a comparative analysis using Foursquare check-in data we made the following observations: Measured by check-ins, Whole Foods’ share of Grocery Store category is more than twice as large as Trader Joe’s Weekday traffic for Whole Foods concentrates around lunchtime, while Trader Joe’s traffic peaks at dinnertime Whole Foods sees steady traffic throughout the week, compared to a spike in traffic in Trader Joe’s outlets during the weekend Both Whole Foods and Trader Joe’s are equally distributed for gender, despite men representing a larger share in the overall data set Over 9% of Whole Foods’ traffic checks in at its restaurants and coffee shops, and 2% of Trader Joe’s traffic checks in at its wineshop Confidential & Proprietary Copyright © 2010 SuperData Research
  • 3. Section 1 Overview Confidential & Proprietary Copyright © 2010 SuperData Research
  • 4. Index what’s in here? Overview Index Methodology Market Share Whole Foods vs. Trader Joe’s in Tri-State area Days of the Week Time of Day Comparison Gender Distribution Category Breakdown Store-to-Store Comparison Hyper-Local Comparison Market Share: Union Square Daily Traffic: Union Square Market Share: 6th Avenue Daily Traffic: 6th Avenue Everything Else About, Contact, Fine Print Confidential & Proprietary Copyright © 2010 SuperData Research
  • 5. Methodology what did we do, and how did we do it? Data: 179,129 unique Foursquare check-ins for Grocery store segment in New York Tri-State area Time Period: July 19 to August 26, 2010 Venues: top 15 most popular outlets for both Whole Foods and Trader Joe’s, totaling 30 stores Analysis: compare branches to each other and to overall grocery store traffic across different variables Confidential & Proprietary Copyright © 2010 SuperData Research
  • 6. Section 2 Market Share Confidential & Proprietary Copyright © 2010 SuperData Research
  • 7. Market Share Whole Foods 2.3x more traffic than Trader Joe’s in NYC market Market Share in New York’s Grocery-segment (%) Trader Joe’s 30% averages 107 daily check-ins; Whole 25% Foods 251 20% On peak days, Whole Foods claims 25% of 15% entire grocery segment 10% For Total Market, 5% Saturdays are busiest day, with 21.4% of 0% weekly traffic 7/23 7/24 7/25 7/26 7/27 7/28 7/29 7/30 7/31 8/1 8/2 8/3 8/4 8/5 8/6 8/7 8/8 8/9 8/10 8/11 8/12 8/13 8/14 8/15 8/16 8/17 8/18 8/19 8/20 8/21 8/22 8/23 Whole Foods Trader Joe's n = 35,360 check-ins recorded in Tri-State region, from July 23rd to August 23rd, 2010. Confidential & Proprietary Copyright © 2010 SuperData Research
  • 8. Days of the Week day-to-day traffic throughout the week Share of Check-in Traffic Distributed by Day of the Week (%) 25% For Trader Joe’s, Saturday weekend (18.0%) and Sunday (22.6%) are busiest 20% Whole Foods’ peak days 15% are Mondays (17.2%) and Sundays (16.9%) 10% Whole Foods more equally distributed throughout 5% week, with high/low difference of 6%, compared 0% to Trader Joe’s 14% Mon Tues Wed Thurs Fri Sat Sun Whole Foods Trader Joe’s n = 11,272 check-ins. Confidential & Proprietary Copyright © 2010 SuperData Research
  • 9. Time of Day what time do people check-in during the day? Check-in Traffic by Time of Day (hourly, standardized) 15% 1 Compared to overall 3 segment, both Whole 2 Foods and Trader Joe’s show above average 10% traffic during lunch time 1 2 But Whole Foods sees most lunchtime traffic... 5% 3 ...and Trader Joe’s dominates during dinner time 0% 1: M 2: M 3: M 4: M 5: M 6: M 7: M 8: M 9: M AM 11 AM 12 AM 1: M 2: M 3: M 4: M 5: M 6: M 7: M 8: M 9: M PM 11 PM PM A A A A A A A A A P P P P P P P P P 0 00 00 00 00 00 00 00 00 00 0 0 0 00 00 00 00 00 00 00 00 00 0 0 :0 :0 :0 :0 :0 :0 12 10 10 Whole Foods Trader Joe’s Total Grocery Segment n = 112,934 check-ins. Confidential & Proprietary Copyright © 2010 SuperData Research
  • 10. Gender Breakdown overall grocery segment skews male Gender Distribution by Branch, Overall (%) 70.0% 60.0% Both Whole Foods (53.7% male, 47.3% 50.0% female) and Trader Joe’s (50.9%, 49.1%) are 40.0% equally distributed... 30.0% ...while the overall grocery 20.0% check-ins tend to be 61.4% male and 38.6% 10.0% female 0% Wholefoods Trader Joe's Total Grocery Segment Male Female n = 176,208 check-ins. Confidential & Proprietary Copyright © 2010 SuperData Research
  • 11. Category breakdown store check-ins by category Category Distribution Foursquare Category Whole Foods Trader Joe’s Total Shops:Food & Drink:Grocery / Supermarket 57.4% 27.6% 85.0% Shops:Food & Drink 9.2% 0.0% 9.2% Shops:Food & Drink:Wine Shop 0.0% 2.3% 2.3% Food:Vegetarian / Vegan 1.5% 0.0% 1.5% Food:Coffee Shop 1.1% 0.0% 1.1% Nightlife:Wine Bar 0.0% 0.6% 0.6% Shops:Food & Drink:Gourmet 0.0% 0.3% 0.3% n = 11,133 check-ins. In total, 15% of check-ins are labeled under something other than Grocery Store Whole Foods’ wine shop receives no mention at all (despite its specials), compared to Trader Joe’s With 9.2% of Whole Foods’ traffic coming from people at its restaurants, Trader Joe’s may consider offering a comparable feature Confidential & Proprietary Copyright © 2010 SuperData Research
  • 12. Section 3 Store-to-Store Comparison Confidential & Proprietary Copyright © 2010 SuperData Research
  • 13. Hyper-Local Comparison local data allows for competitive analysis in small area Union Square 6th Avenue Whole Foods: 4 Union Square Whole Foods: 250 7th Avenue Trader Joe’s: 142 East 14th Street Trader Joe’s: 675 6th Avenue Confidential & Proprietary Copyright © 2010 SuperData Research
  • 14. Market Share: Union Sq. store traffic compared to total grocery segment check-ins Union Square Area Hyper-Local: Check-in Traffic by Time of Day (standardized hourly) 1 Both outlets have 12% n= 5,345. below average traffic during morning and 1 2 early afternoon,... 8% 2 ...and above average around dinner time. This indicates an 4% opportunity to draw in more grocery shoppers during first 0% half of the day 1: AM 2: AM 3: AM 4: AM 5: AM 6: AM 7: AM 8: AM 9: AM 10 AM 11 AM 12 AM 1: PM 2: PM 3: PM 4: PM 5: PM 6: PM 7: PM 8: PM 9: PM 10 PM 11 PM PM 0 00 00 00 00 00 00 00 00 00 0 0 0 00 00 00 00 00 00 00 00 00 0 0 :0 :0 :0 :0 :0 :0 12 Hyper-Local Market Area Whole Foods on Union Square Trader Joe’s on 142 East 14th Street Confidential & Proprietary Copyright © 2010 SuperData Research
  • 15. Daily Traffic: Union Sq. day-to-day check-ins for hyper-local market area Share of Check-in Traffic Distributed by Day of the Week (%, standardized) 1 Whole Foods excels 35% on Tuesdays, when n= 5,345 3 overall traffic is slow 30% 4 25% but falls behind 2 20% 1 during the weekend 2 15% as overall traffic in the 3 10% area peaks on Saturdays 5% 0% 4 and is followed by Mon Tues Wed Thurs Fri Sat Sun strong Sundays for Whole Foods on Union Square Trader Joe’s Trader Joe’s on 142 East 14th Street Hyper-Local Market Area Confidential & Proprietary Copyright © 2010 SuperData Research
  • 16. Market Share: 6th Avenue store traffic compared to total grocery segment check-ins Hyper-Local: Check-in Traffic by Time of Day (standardized hourly) 15% 1 Whole Foods sees more n= 2,308 traffic during early 2 morning breakfast traffic 3 10% 2 During lunchtime, both stores are on par with the 1 area average 5% 3 Toward dinnertime Trader Joe’s dominates, leaving 0% room for growth for Whole Foods 1: AM 2: AM 3: AM 4: AM 5: AM 6: AM 7: AM 8: AM 9: AM 10 AM :0 M :0 M 1: PM 2: PM 3: PM 4: PM 5: PM 6: PM 7: PM 8: PM 9: PM 10 PM :0 M PM 11 0 A 12 0 A 11 0 P 0 00 00 00 00 00 00 00 00 00 0 00 00 00 00 00 00 00 00 00 0 :0 :0 :0 12 Hyper Local Market Area Whole Foods on 7th Ave Trader Joe’s on 6th Ave Confidential & Proprietary Copyright © 2010 SuperData Research
  • 17. Daily Traffic: 6th Avenue day-to-day check-ins for hyper-local market area Share of Check-in Traffic Distributed by Day of the Week (%, standardized) 1 Both outlets see 25% n= 2,308 strong traffic on 1 Mondays 20% 2 3 2 and Whole Foods 15% maintains its share when the overall 10% market slows 5% 3 but fails to recover when traffic picks up 0% again during the Mon Tues Wed Thurs Fri Sat Sun weekend Whole Foods on 7th Ave Trader Joe’s on 6th Ave Hyper Local Market Area Confidential & Proprietary Copyright © 2010 SuperData Research
  • 18. Section 4 Everything Else Confidential & Proprietary Copyright © 2010 SuperData Research
  • 19. About SuperData Research, Inc. is a research provider specialized in digitally distributed entertainment. We help clients think through challenges and opportunities related to digital entertainment, including location-based media, smartphone business models, monetization, alternative payment methods, and virtual item sales. We apply traditional retail expertise to online entertainment consumption and digital distribution. SuperData Research employs a multidisciplinary approach in compiling the data to drive its analyses. This includes over 50 million unique online transactions, ethnographic observation, expert interviews, and surveys. In January 2010, SuperData Research secured multi-year angel funding. Our client base includes brand owners, developers, payment providers, publishers, retailers and VCs. About the Author Joost has over a decade of commercial research experience on interactive entertainment and technology industries. Prior to founding SuperData he held senior analyst positions at Nielsen Online and DFC Intelligence. He specializes in digital entertainment and has written extensively on video games, digital audiences, micro-transactions, monetization and digital distribution. Joost is an affiliate researcher at the Columbia Institute for Tele-Information, a member of the Center of Organizational Innovation and teaches at the NYU Game Center. He holds a doctorate degree from Columbia University. Confidential & Proprietary Copyright © 2010 SuperData Research
  • 20. Contact Lead Analyst Joost van Dreunen, Ph.D. joost@superdataresearch.com 116 West 23rd Street, 5th floor New York, NY 10011 (646) 375 2273 www.superdataresearch.com Twitter @_SuperData Confidential & Proprietary Copyright © 2010 SuperData Research
  • 21. Fine Print Conditions of Purchase Purchase of this multi-client study is on a nonexclusive basis. This report has not been commissioned or contracted for by any one person or organization. The information contained is confidential to the purchaser, and the purchaser agrees not to circulate or loan the report in whole or in part to: their subsidiaries or divisions, industry trade associations (if not the purchaser), the general public, the media, nor other parties not belonging to their company, agency or organization. Unauthorized reproduction and dissemination which is discovered by SuperData Research (the publisher) shall constitute grounds for legal prosecution and damages under U.S. copyright law. SuperData Research has made every attempt to verify the accuracy and completeness of information in this report from sources we believe to be reliable. It is understood, however, that our estimates, forecasts, opinions and recommendations represent the judgment of our analysts, based on the best information available at the time of publication. It is recommended that purchasers also consult other available business sources and not rely solely on this analysis as the basis for major strategic, financial, or management decisions. SuperData Research makes no warranty or representation, either expressed or implied, with respect to the information in this report. In no event will SuperData Research be liable for direct, indirect or consequential damages resulting from any defect or inaccuracy in this report, even if advised of the possibility of such damages. Information about specific companies is not intended to be a complete description, nor of their securities, nor is this study an offer to buy or sell such securities. SuperData Research’s liability, if any, shall not exceed the amount paid for this study. Confidential & Proprietary Copyright © 2010 SuperData Research