Marketing Research of Gourmet Grocery Store
The organization is not a chain of stores, but a group of three stores of medium size located at La Jolla, Del Mar and Encinitas in the San Diego area. The store is not trying to compete with the big marketing chains to achieve high volumes. At the same time, it has a very fine image, as it is located in high class shopping areas. The concentration of the store is on selling of food items consisting of "Fresh Bakery and Pastries, Fresh Produce, Fresh Meat & Seafood, Condiments and Packaged Foods and Cheese's and Specialty Dairy Products." Thus all marketing efforts have to be concentrated in these areas.
The objective of all marketing is to increase the level of profits that are being achieved through the business, and these are probably the objectives, which are the concern of all areas of business. Since the sales areas of this store are considered to be limited, the organization has to focus on enhancing the total revenues, which are being earned by getting more and more customers of the type who are presently coming over to the store. This is being tried through means of parties in the store. It is clear that the present customers tend to be food lovers and they would try to enhance their own capabilities of preparing various kinds of specialized dishes through the parties. In these, they would be trained by world famous chefs; experts and also by Kathy Kudler.
Apart from whatever learning they can enable to gather, they would be considered to be very happy in order to meet these persons who are probably ideal roles in their lives. These will tend to ensure that they continue to make their purchases in this store, and this is because similar opportunities will not be available to them at any other shop. Thus to a certain extent, it will try to flatter their ego. They will also be provided with the opportunity to bring their friends also to these events. This will also enable to create a social pressure on those friends in order to start buying their food requirements also from these stores. The overall total effect is expected to be one that of additional time which is being spent in the store, and once these individuals are into the store, they are also expected to buy the products.
Thus from the entire exercise, it could be said that the expectations are of increased business as a result of the purchase by the individuals who are being introduced to these stores by means of training programs, and for additional individuals to visit to the store as a result of the social pressure. In order to ensure that these activities receive the full amount of support from the consumers, they will be provided entries in a draw for the expensive items for their support and co-operation. The draw will tend to naturally take place later on. Some consumers might also tend to think that this would be an effective means to have a party in the comforts of their own house, and then the store will try to organize the same type of food at a higher cost. Through this method, it is expected that the new types of shoppers will be introduced and existing shoppers would be made more loyal. The only aspect which is to be considered is that the level of awards should tend to meet the customers' expectation levels, since if they are disheartened with the rewards which are attained for the efforts that they think they have put in, and then they may react negatively by not coming to the store for purchasing. This is an emotional method of drawing the customers towards the store and its effect will tend to focus on the correct effective methods of emotional handling the customers.
The second is a natural effort in order to get enhanced volume of sales from the customers, and this is being sought via a loyalty points program for the existing customers. This will enable to help the customers who are commercial purchasers of the products, as they tend to have other suppliers for the same products or items, but the consumption of the food items in any household is being limited by the number of members belonging to the household and also in terms of their regular levels of consumption. This is not however likely to be affected by any...
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