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Maximising the opportunity.. survive and thrive

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Nutrition. Local Produce. Charity work. Store Offers. Part of the Community ... More fast service - Starbucks oyster cards. What can you do to improve SPEED? ... – PowerPoint PPT presentation

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Title: Maximising the opportunity.. survive and thrive


1
Maximising the opportunity..survive and thrive
Jonathan Rons client director him!
2
  • Him! listens to shoppers
  • Lots of them - 750,000 convenience shoppers
  • Our verdict - Independents can survive and
    thrive!
  • providing you change as consumers needs change
  • A good independent will always do better than a
    good chain store
  • Some thoughts on how to survive in todays
    customer-focused market place

3
The future will be More Local More Green More
individual More demanding Faster changing More
technically reliant
4
Budgens Crouch End
Local artists
5
Part of the Community
  • Reserve fire officers
  • Defibrillator in the store
  • Sponsorships Football Cricket
  • Garden Fete
  • Lady Drivers Evening
  • Elderly Disabled Drivers Morning
  • Local Carnival
  • Free Home Delivery
  • Employ Local People
  • Sell Local Produce

6
Leaflets (basic leaflet for distribution)
Those shoppers who receive leaflets spend more
per trip, buy more promotions, visit more
frequently
7
(No Transcript)
8
Locally Sourced Products
56 of shoppers want their local store to sell
more locally sourced products
9
Consider local alliances
10
(No Transcript)
11
Noticed the fresh healthy revolution going on
in the UK?
12
Healthy/ Organic Products
75 say they are now watching what they eat and
drink to a certain extent
13
Health zone required?
14
Ethnic ranges
Huge explosion of new communities in some areas.
Exploiting the opportunity?
15
Gifts
44 of men leave buying presents until the last
24 hours
16
Big night in
Shoppers have friends over for food/drinks/watch
TV or films once a week. What are you doing to
exploit it?
17
Services
20 of shoppers will use a store for its
services PayPoint customers spend 3.50 on shop
goods on average
18
ATMS
60 of shoppers who withdraw cash spend it in
store
On groceries, alcohol and cigarettes
19
Instore Bakery
76 of shoppers think an in-store bakery improves
the overall impression of a local store
20
Food for nowPeople leave home 10 times a month
without eating breakfast
21
Where would you go for breakfast?
Shoppers leave home 10 times a month without
eating breakfast
22
Growing importance ( demand for) quality coffee
23
Fresh is at the HEART of convenience retailing
The importance of fresh
24
Fruit and Veg impluse flow
25
Invest in waste..
Shell retailers must have 10 sandwich wastage
everyday
26
Meal for tonight
50 of shoppers _at_ 5pm do not know what theyre
going to eat tonight
27
Visibility of products
Gondolas too high?Visibility of products
hidden?Signage?
28
External signage/ impressionThe outside of your
shop suggests what the inside will be like
29
Signage
30
Make a statement make it bold
31
Dairy chillers
  • Open rather than behind closed doors

32
News morning titles only sold in the
mornings?Importance of local newspapers.
33
Fast service
FAST is a TOP priority
34
More fast service - Starbucks oyster cards
What can you do to improve SPEED?
35
If price was THAT important.
Still only 5 market share a decade later
36
The importance of availability
Reasons for failed purchase
(source CTP 2006)
37
The importance of availability
Yellow card. Red card. OUT!
If a product was out of stock, how many times
would you come to this store before deciding to
try an entirely different shop?26 say
once 27 say twice11 say three times 4 say
four times
38
Hero categories are often the old favourites
This store should always be in stock of
39
Exploit impulse opportunities
40
  • There are many ways you can improve sales and
    profits
  • But it essentially comes down to knowing your
    customers
  • and giving them what they want
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