Ask Marketing Management Expert

For shopping report 2: You must shop 2 different retailers. One Brick and Mortar location and one Ecommerce. Discuss the differences between the retail location and retail website based on the format above. These retailers should be similar in product - for example if you have chosen a juniors brand like the Brick and Mortar Garage you should choose an appropriate comparison for online analysis. ?Grading:) ?Your grade will reflect your effort. I will break down your grade according to rubric given.

Introduction:

Retailing involves the sale of goods to the ultimate customer. All retailers perform certain basic functions and develop satisfying assortments of goods and services for select market segments. However, there are many different types of retailers and stores that vary considerably in size and mode of operation.

The purpose of this exercise is to focus your attention on two retailers that compete for the same target market:

For Tommy Hilfiger, Please check online to collect information. http://usa.tommy.com/

1. What type of stores are they? ?
J-crew(department store) andTommy Hilfiger(online store).

2. How do they operate?

3. What is there assortment?

4. How do they define their various departments?

5. Who are their target customers? ARE YOU SURE? PROVE IT.

J.Crew's and Tommy Hilfigertarget market are bothmen and women who are working professionals and are upper middle class individuals. Age between 21 to 45.

6. Are both retailers selling essentially the same kind of goods? Why/ Why not? ?For each store discuss the above points as well as the following: ?
)

Part)One:)The)Store)Below I will provide all information about J-Crew.
. 1. Give the name and location of a retail store.
. J-Crew. I will add location in the paper later.

2. Briefly describe the store's merchandise assortment in terms of departments and style. Is it a singleline or limitedline store? (Does it focus on one item or many?) Focus on many items.Specialty retailer.Is this retailer a luxury retailer, moderate or discount? High quality moderate retailer. Does the store stress high turnover or low turnover of merchandise? (How quickly does it sell its goods?) High turnover

3. Briefly describe the store in terms of its price/service blend. (Does the store's service match its prices? Why/why not?) Yes, It does. Reason: Store decoration is nice-looking, shop assistant and stylist are always ready to help.

4. Briefly describe the customer that the store appears to target. (Who is shopping in the store versus their marketing.) J.Crew's target market is men and women who are working professionals and are upper middle class individuals.

Part)Two:)Merchandise)Guidelines)Include)

1.List 5 key elements of product that defines the target market. Shirt in stripe or pattern mixing, Jewelry, Blazers, Swimsuits, Polo shirt

2.Where are these items located and how are they displayed?ExpensiveJewelries are placed in showcases in front of checking counter. Polo shirt are folded and piled in cabinet, other products are hanging up on the racks 3.List products being promoted. Field Mechanic Jacket; Midi Skirt in Cotton Clip-Dot;Sailor Pant in Stripe; Cotton-Linen Blazer in fine stripe; Band-Collar Selvedge Chambray Shirt; ?4.How is merchandise in the store organized?

Part)Three:)Other)Factors)to)Include)that)are)NOT)Product)Related)

1) What is the location of your store in geographic terms? In what type of shopping environment does it exist? (Mall, downtown, free standing?)

2) Who is your target market? How do you know this?

3) What overall image is the retailer attempting to convey?

4) Consider these key points of layout strategy and discuss each: ?a)Façade and entrances Blackshop-sign with white font. Large shopwindow. ?b)Floor plan Three rooms in total, Main and biggest room for women's clothes, second biggest room for men's wear, the third room for children's wear.?c)Traffic flow patterns locates on high traffic area. There are public transportations nearby. ?d)Fixtures - (type and placement) e)Merchandising ?f)Visual displayBooks, Long play, Metalmodern style artwork ?g)Security factors.Cameras and security guard at front door. ?h)Safety factors ?i)Perimeter areas Locates on shopping avenue where lots of department stores are nearby?j)Ambiance - (lighting, sounds and aromas) soft and bright yellowish lamplight; Dance, R&B, Electronic music ?k)Color and material selections Wooden Floor,Redwood cabinet, white wooden ?l)Signage white board with black font or black board with white font; discount signage is green board with white font m)Positioning of elevators, escalators and stairways (if applicable) no n)Space productivity middle?o)Flexibility of floor space very flexible?p)Stock keeping and service areas check counter is in front of the front door, fitting roomlocates between women ‘swear section and men ‘swear section.

5. Consider the fine line between store layout and visual merchandising. Where does placement of merchandise and fixtures leave off and where does artful display take over?

Basically where is their visual versus merchandising? 6. Approach this project from both retailers' and customers' points of view.

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M91768687
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Marketing Management

Question 1 application of conceptstime value of money2

Question: 1. Application of concepts/time value of money? 2. Which is more detrimental to a firm, pricing your product or service too high, or pricing your product or service too low? 3. Discuss the role of demographics ...

Question imagine that you are in the market for a new

Question: Imagine that you are in the market for a new career. How can the marketing research process apply to your career search? Think of a specific topic you need to learn more about that relates to your career as a o ...

Question strategic marketing planintroductionthis

Question: STRATEGIC MARKETING PLAN INTRODUCTION This assignment entails development of a comprehensive strategic marketing plan for a new product or service that is ready to "go to market". A Project Template is provided ...

Qestion ready set strive gen z is comingby janet adamy

Question: Ready, Set, Strive : Gen Z Is Coming By Janet Adamy | Sep 07, 2018 TOPICS: Consumer Behavior, External Marketing Environment, Targeting SUMMARY: About 17 million members of Generation Z are now adults and start ...

Question in your marketing plan you should1establish a

Question: In your Marketing Plan, you should: 1. Establish a Mission Statement and a Vision Statement for your new organization. 2. Briefly describe basic services it has been providing during the first six months of ope ...

Question 1review the terminal course objectives accessed by

Question: 1. Review the Terminal Course Objectives, accessed by clicking on the "Course Information" tab at the top of your screen, scrolling down to the "Course Objectives" and then selecting View class objectives. How ...

Question read the worddoc first and answer those following

Question: Read the word.doc first and answer those following question 1. Provide a list of at least five pieces of information that airlines have about their customers, and for each, explain how that information might he ...

In this unit you are asked to produce a public relations

In this unit you are asked to produce a Public Relations Campaign Proposal document and an essay that explains the theory behind your planned approach to the Proposal task. You may base your assessment on the suggested s ...

Question 1200 words on your favorite retailer and their

Question: 1200 words on your favorite retailer and their major competitor as discussed in class. This should focus on the different elements that make up the retail strategy of the companies and other factors that appeal ...

Question bulltype of paper assignmentbullsubject

Question: • Type of paper Assignment • Subject Other • Number of pages 1 • Format of citation Other • Number of cited resource s0 • Type of service Writing from scratch First, choose a piece of art from any genre (music, ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As