By having the mobility of the truck it gives Paper or Plastic? an advantage over fast food restaurants, convenience stores, other stores people will shop at to buy food. This is because Paper or Plastic? doesn’t need to wait for customers to come to them, rather, they can take the food to the people. Thus saving their customers time and sparing them the inconveniences and hassle of trying to get to a grocery store.
One of the biggest areas that have seen a great change in consumer spending is grocery stores. More and more people are switching from name brand products to off brand and store brand products. People are also opting for discount food stores, such as ALDI, for cheap variations of the food they love. Lastly, one of the biggest new trends is using coupons. With the use of coupons people can reduce their final bill, and save money.
In May last year it was said that Morrison’s is putting into place a network of lockers to its stores that will allow shoppers to pick up click-and-collect parcels. Once again Morrison’s is putting this into place to compete with the other big supermarkets. The first Morrison’s collection point is already operating at the store on Dewsbury Road in Wakefield but it is still a process with a lot of progression to go. Having a click collect system in place is an advantage for Morrison’s as again it is now like the other four supermarkets as they also have the click and collect scheme but it is also an advantage for regular customers at Morrison’s as they can order stuff online and just pick it up in store this also saves customers delivery costs. Overall Morrison’s have responded to their competitive pressures fairly well however there are also some disadvantages this includes the time in which they entered the online grocery market and the risk they took on comparing prices with stores such as Aldi, furthermore with recent news it is clear Morrison’s have not been making consistent profits therefore this shows some of their strategies to not be so
Business Models and Systems Jessie Brown BUS/210 August 1, 2014 Business Models and Systems A local business that I frequently use is called Rouse Supermarket which is a locally owned chain of grocery stores. Rouse differs from the big supermarket chains by offering locally grown fruits and vegetables, Louisiana seafood, meats, and dry goods. This grocery store is well-known for the freshness of their products and excellent customer service. Although their prices may be a little more expensive than their competitors, the company prides itself on providing fresh and local products. The company supports other local businesses by purchasing from local vendors.
Adding an e-business will also allow better interaction with suppliers on the global market as well. Overall, the e-business will provide a twenty four hour order and support site that runs with a low cost of overhead and reaches an unlimited market that only the internet can provide. Broadway Café Project Focus What Type of e-business would you deploy at The Broadway Café? In order to make the café more competitive, since business is steadily declining, the idea of implementing an e-business is a great idea. This would allow for non-perishable products such as coffee to be sold on a global market.
In one hand, Dollar General has sometime lower prices with brand names products; they focused on even-dollar prices and the fact that sometime customers at Dollar General Store pick up much stuff at a really cheap price. As we know customers spend longer time at Wal-Mart due to how big and crowded the place is. I believe they should compete in terms of basic consumables. In some areas, people do not want to drive 20 or more miles to go to Wal-Mart, and then spend 45 minutes to shop. The location of Dollar General is more convenient most of the time than Wal-Mart.
Some of the strengths include getting our products at wholesale prices and selling them to the customers at lower prices than the average store. We also have financial backing, giving us access to loans. We also have plenty of capital. We are also located along the Jersey Shore boardwalk where we have many tourist that we can attract. We have discovered a few weakness.
Sometimes a shopping street has a partial or full roof to protect customers from precipitation. Online retailing, a type of electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms of non-shop retailing. http://en.wikipedia.org/wiki/Retail Retailing involves selling products and services to consumers for their personal or family use. Department stores, like Burdines and Macy's, discount stores like Wal-Mart and K-Mart, and specialty stores like The Gap, Zales Jewelers and Toys 'R' Us, are all examples of retail stores. Service providers, like dentists, hotels and hair salons, and on-line stores, like Amazon.com, are also retailers.
The shift in mass consumption was also a major factor in the increase in rubbish, as well as wastefulness. (Reference to chapter 2, making social lives). Supermarkets are stocking a greater range of products. Due to the increased value in people's time and labour, it can be argued that people find it easier to purchase more than is required than it is to make a second journey to the shop to buy more. This is resulting in an increase in wastefulness as some of the food which is purchased is thrown out, as it was never really needed.
Bargaining power : Customers have low bargaining power since they typically can't bargain for the price of their coffee. Customers also have more options due to the large variety of products offered by number of competitors Switching cost : Based upon the low switching cost, buyers are extremely powerful in this situation. There are several coffee shops/cafes in our area, all offering similar products to customers. Discount reusable thermos and/or mug : By giving a discount to those who bring in their reusable thermos and/or mug into the store (aim to be as eco-friendly as possible) Complimentary products and services: These range from merchandise sold at our cafe to different types of good that are offered • Mugs/thermos with our logo • Paper Cups • Coffee beans/Coffee grounds • Sugar • Cream Loyalty program : The café rewards customers based on their spending.This is aimed at attracting and maintaining customers at Broadway Cafe. Through this program we will develop a competitive advantage by implementing an IT solution specializing in customer relationship management as well as other databases and interfaces that ultimately increase efficiencies, while optimizing operations Loyalty programs reduce