Due to Wal-Mart’s superior ability to order inventory on demand, they are in a position to also meet customer demand better than their competitors. This is especially true with fad products, because they are only popular for a limited amount of time when they become unpopular they can leave massive amounts of inventory that nobody wants to purchase. Due to Wal-Mart’s superior supply chain and their technology they are better able to avoid carrying an oversupply of fad items, and regular items as well.
Price: Php 750 Valuable Rare Yes No Result: Competitive Parity Their price is valuable because they focus on their target markets which are the young adults and offer it in an affordable price. Their priced are worth the design and texture of the bags. The price is not rare because their competitors can also set the same price. Place: SM Department Stores Valuable Rare Yes No Result: Competitive Parity Their place is valuable because SM is a known shopping mall in the Philippines and most young adult would want to buy their bags in a mall that are near their areas. However the place is not rare since there competitors can also sell their bags in SM department
Businesses That Have Casual-Dress Days Many businesses have adopted casual-dress days as a tool to boost employee morale. Management likes to use this as a benefit because it is free. Types of businesses that have casual-dress days are businesses in which employees do not have many interactions with clients. Accounting firms, insurance companies, and many corporate offices use the casual-dress policy. These businesses have casual-dress days to increase worker productivity, to have more open communication between staff and managers, cost savings to employees because casual business wear is less expensive, and improved work quality.
In the Internet shop you can find things though old but almost nothing. Lovers to buy one or two year old models of consumer electronics can buy the most convenient and affordable option. 10) Purchase alone "hidden" items Sometimes it is better to buy a couple of things without prying eyes. Basic Intention which makes people buys things online: I. social Proof: The basic human desire to fit into a group leads human to behave in a specific way. He/ She want to communicate, talk and interac... ... middle of paper ... ...mportant to see if the packaging is damaged or not because such type of goods are without warranty or damaged goods that have previously returned to the stores.
Retail shopping is a very convenient way of shopping, which allows consumers to access and purchase the product much easier. As it is a 24-hour-a-day showcase for their products, this allows consumers to shop, and purchase whenever they want. This may be beneficial to consumers that have a large workload, as they usually are people that would not have time to shop around; also, these customers are mostly to be potential customers as they have the ability to pay for the product, which benefits the firm. Also, some consumers may dislike street shopping, as customers would need do things such as brave the traffic along the way, hunt for parking, select the items, wait at checkout, pay for the items and carry them back home. Furthermore, street shopping may cause incidental charges to customers, such as cost of petrol and parking fees.
However, the number of customers they attract is all due to their advertising methods. I argue that Target is more effective than Walmart because this company provided a stronger advertisement by showing a relaxing method of simplicity, and made sure to remind their audience about how quality matters, too. Although, Walmart only succeeded in showing a messy type of advertisement that only reminds the audience how stressful life can be sometimes and where to save yourself some money. It tells the viewers to buy their necessities at Walmart in order to live better. It did not execute an impressive job at persuading the audience as
Once exhausted from the different amenities the mall provided, shoppers wanted to go home. Besides shopping malls being convenient, shopping mall creators like Victor Gruen aimed for customers always to have a "perfect" shopping experience. They were able to provide consumers with a calm, comfortable setting while shopping. Meaning, security was always present to keep peace and the weather was always pleasant in this environment because it was indoors and never rainy, always sunny and the temperature was always set to everyone 's liking. "The concept proved wildly popular, and it demonstrated that climate controlled shopping arcades were likely to be more profitable than open-air shopping centers" (Jackson 1114).
Also associates tend to not know much about the products they sell. Many of the products Home Depot sells are of a high quality, and they carry the same warranties as Lowes – if the item breaks return it to the store. Home Depot SWOT: W... ... middle of paper ... ...er friendly so they have people who want to work there, that are happy working there and ultimately happy customer. Home Depot has many weakness, many strengths, many opportunities and threats, however under their new leadership they are changing for the better bringing in new consumers who where loyal to Lowes or Ace with cheaper products, more knowledgeable and friendlier staff and even kid’s classes in a bid to reach out to younger consumers. Works Cited Wikipedia.org.
It has succeeded in gaining brand awareness and even brand resonance, which most brands are unable to do so. Apple has positioned itself well in the minds of the consumers and has also created a brand image to be user-friendly, reliable and trendy. There are several strengths and weaknesses for the brand, but the former far outweighs the latter. Despite the long wait for my appointments, my experiences in the retail store were highly enjoyable because I felt connected to the brand, the products, and the people. Even for an established brand like Apple, I have pointed out several improvements during my visit that could be implemented, such as having more staffs in engaging with prospective customers and creating loyal programs to hold on to existing customers.
Communication during the promoting should be in very good way, so that customers can easily understand about products values. Customer dealing and service is another major part because handling the customers in a good manner improves the image of the company and product as well. TASK-4 Q-4.1 Ans- there are two types of market research’s Primary research- it always takes more time and it is very expensive. It meets the particular needs which is very helpful. Secondary research- it is very cheaper and always takes a less time.