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Chapter 5 Retail Market Strategy BY CHARISSA HITCHCOCK

Chapter 5 retail market strategy

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Page 1: Chapter 5 retail market strategy

Chapter 5 Retail Market Strategy BY CHARISSA HITCHCOCK

Page 2: Chapter 5 retail market strategy

- Good Quality Great Quality Above and beyond

Specialty Store

Best Buy

Online Store

Frys.com Dell.com Apple.com

Discount Store

Affordable Computer Solutions

Computer Village

Chris Supply

Wal-Mart Sam’s Club

Off-Price Store

Rent - A - Center

Office Depot

Page 3: Chapter 5 retail market strategy

• Low Prices• Little selection • Limited customer service

• This list makes for little customer advantage.

Wal-Mart markets to low end customers who are interested in low prices and not customer loyalty.

Wal-Mart has customer loyalty for its prices. Customers who shop at Wal-Mart are more interested in the price they are getting the product for. Not so much in the customer service or the quality of the product.

Page 4: Chapter 5 retail market strategy

Apple.com has many things that make it above and beyond.

Competitive advantages that apple have are:

All of their products available at the touch of a button. Name recognition In store locations available Customer service available threw and on-line chat and in store customer service is exceptional. Easy returns and exchanges Very knowledgeable staff