Retail Market Strategy Direct Competitors Pink 629 Kathleen’s Unique Boutique La Mode Dress Shop...
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Transcript of Retail Market Strategy Direct Competitors Pink 629 Kathleen’s Unique Boutique La Mode Dress Shop...
Slide 1
Retail Market Strategy
1Direct CompetitorsPink 629Kathleens Unique BoutiqueLa Mode Dress ShopWal-MartK-Mart
2Target Market & PositioningTeenage girls and womenAges 15-60
Positioned in the middleMost items are trendy but casualService is limited
3StrategyTo sell trendy but comfortable clothing at affordable prices
4Competitive AdvantageCustomer loyaltyTake Ten CardRetail BrandingMaurices $29 jeansLocationRight off the InterstateCommitted, knowledgeable employees
5Retail MixBroad variety of women's clothingJeans, casual, dressy, shoes, and accessoriesLimited assortmentAverage PricingConvenient locations in high traffic areas such as malls
6SWOTStrengthsCustomer LoyaltyLocationFinancial resources
WeaknessesLimited assortment & storage space
OpportunitiesExpand Franchise
ThreatsNew clothing stores moving into nearby strip mall
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