Old Navy and IKEA are both accessible stores that can be found across North America and online. Both companies make eye-appealing products for the whole family, but do not age well. For example, IKEA pre arranges its products to lessen the thought of assembling products. When products become less of a hassle for the buyers, they tend not to look at the cons of the products. IKEA does this buy distracting its customers by making their products colourful, stylish, and cheaper than other competitors’ products.
Providing excellent customer services would gain trust with our customer and keep them coming back to The Jordaz. Some of The Jordaz threats would be our bigger competitiors such as Maci's, Jcpenny and Belks. They are world wide and many people know they sell good quality clothing. They are mostly found in shopping malls where a lot of people go on a daily basis. Another threat would be pricing if another company similar to mine
Returning at a store is faster because all it takes is a drive to the store and going through their return procedure as opposed to waiting for your returned item to ship and for the appropriate department to process the return and credit your account or credit card. Though there are often size charts and detailed product descriptions online nothing compares with being able to feel and check out the product for yourself. It is nice to have the option of trying on clothing or accessories and seeing how they look on your body or face shape. It is even nice to feel the materials of non clothing items such as furniture or other household items. I for one do not like to return anything if possible and trying something out before I buy is one way I eliminate that problem.
Although this is the case, there is always the potential for other businesses to come in and try to gain the competitive advantage for itself. By combining the café’s specialized offers with modern technology improvements, the business will enhance its image as a well established organization as well as broaden the capacity in which it serves its customers. Part 1: Porter’s Five Forces Analysis One of the unique facets of continuing my grandfather’s café is that there is generally low buyer power. In most urban areas café shops are located on every street corner. The town of Beulaville, NC is a small with a population of 1,067 (Wikipedia 2011).
The distribution networks of the new companies are high and tends to affect the operations of JCP. Therefore, the company should build a strong distribution network so as to counter significantly the operations of the new companies that produce similar products. The “mom and pop” stores have been reported to resort in selling products online, otherwise they become obsolete. J. C. Penny’s SWOT analysis The strengths of the company are: * The existence of more than 1100 locations worldwide * Their quality products such as clothing, jewellery, beauty products and even footwear and furniture * The company also offers shipment of their goods for customers, which gives their customers the best experience in the end, hence attracts more customers. * The company also offers free haircuts for the children The weaknesses of JCP Since its competitors give similar products, the company is faced with limited market share 2. International business operations have also challenged the services of JCP due to the current emerging economies worldwide.
A potential opportunity that they could explore is to utilize self-checkout terminals in their locations. Self-checkout point of sale terminals could do many things to improve Kudler Fine Foods as a retail competitor. First, it would improve their customer service as many customers prefer to check themselves out rather than having a cashier. In today’s technology environment, “…systems can be tailored to better fit any retail environment and are more focused on improving customer service rather than cutting labor costs” (Murphey, 2009, p. 1) . Even though the prime focus of these systems is not necessarily to cut labor costs, often times they can improve efficiency.
Target is also a discount store, but they offer a different spin. They are more focused on the style. Target’s corporate strategy is one that has changed little over the years: to provide high-quality, stylishly designed items plus all the essentials for life, displayed in a clean, organized and welcoming environment. Target’s size is most beneficial because they can cater their services and products to change with trends more quickly and at prices that are affordable to the customer. Target appears to run on a functional organizational structure.
are ways to give the consumer a choice on how they want their shopping experience to go. With all the people that embrace these new technologies, there are many who would rather do business the old fashioned way, without all the bells and whistles. For this reason, companies need to accommodate all types of consumers and be sure that the technologies do not overwhelm the product. Inventory control is another important role for technology to have a place in retail management. Software that can help stores understand why they seller don't sell are important to keep costs low throughout the company.
If you care about your image, most likely others will too. Companies try to influence what is going to be the next big trend, they have to keep their stores presented in a way that will make people turn towards it. Even if people can not see it, if they walk by they will no doubt smell it. Hollister and Abercrombie both have dark stores with lighting that make it seem futuristic. All their clothes have their signature perfume, employees that are breath taking with stylish clothes and even attractive men that have muscular bodies, printed right onto their shopping
But once again, the fashion retail industry doesn’t force people to go out and buy the latest trends. We are still people of free will, and many people choose to be fashionable. That is not the fault of the industry, but perhaps society itself. So it is not only the industry to blame for this consumerist market. The people are just as guilty.