|
Task to be completed.
|
Who will complete?
|
Chapter support?
|
|
1. Name the retailer.
|
Oanh, Yan, Dai
Name of the retailer: Walmart
|
|
|
2. Determine the type of retailer this is.
|
1. Oanh
|
2
(p. 22)
|
|
3. Identify the target markets for the above-named retailer and describe in detail using the market segmentation process.
|
2.
|
4
(p. 105)
|
|
4. Assess the viability of the chosen target market.
|
People who would be considered the low end of middle-class, those who are truly middle-class and the upper reaches of middle class. We also have customers who would be considered higher income than upper middle-class. The people Walmart doesn't target are the wealthy.
OR
The target area chose is the children age group of the customers buying in Walmart. The chosen target is viable because it can be controlled to have products sold to all children age groups. There is very little margin for error as Walmart has a high density of customers coming with their kids.
|
3
(p.89)
|
|
5. Present the retail mix for the target market.
|
1. Oanh
|
4
(p. 105)
|
|
6. Select and identify one specific location that your retailer currently occupies. Describe the trade area for that store. Present a minimum of three (3) aspects that you believe were critical in selecting this trade area.
|
2
|
5
(p. 152)
|
|
7. Determine the basic type of location that this store falls under. Present a minimum of three (3) criteria that were used to select this particular location type.
|
The location of the store should be inside a mall, a downtown area or a shopping center. That is because these places don’t have any age restrictions and people mostly come to shop with their families, that is why children or their families can spot the store easily. Moreover, it would be easy for customers to trust a store in a mall. Lastly the increase of people on weekends can be beneficial for the consumption of products.
|
5
(p. 160-161)
|
|
8. Describe the site for the store. Present a minimum of three (3) criteria used when choosing this site.
|
1. Oanh
|
5
(p. 138)
|
|
9. Determine what you believe are the design factors they chose that made for good design. Discuss a minimum of three (3) factors.
|
2
|
6
(p.170-176)
|
|
10. What store layout do you believe they have chosen? Describe three (3) elements of the layout that you find appealing. Describe two (2) elements of the layout that you would change. Why would you change them and how would they look in your layout?
|
The layout of the store should include things that are attracted towards the children, with childish furniture, colored walls and lighting. It’s a good idea because children will be attracted to a place that is different than other professional stores. The two things I would change in the layout would be that there should be a play area for children in the store so that they are forced to enter it. I would also like to change the uniform of the employees to character costumes.
|
6
(p.200)
|
|
11. Answer the four basic questions of space planning.
|
1. Oanh
|
6
(p. 186)
|
|
12. Describe the merchandise presentation techniques that you believe they are following. Describe three (3) elements that you find appealing. Describe two (2) elements of the merchandise presentation techniques that you would change. Why would you change them and how would your merchandise presentation techniques look?
|
2
|
6
|
|
13. Describe the signage and graphics that you believe they are following. Describe three (3) elements that you find appealing. Describe two (2) elements of the signage and graphics that you would change. Why would you change them and how would your signage and graphics look?
|
I like the pictures on the merchandise consisting of cartoon characters, the font of the letters on them, and the funny content written in them. I’d like to change the colors to darker, as bright colours are more attracted towards pre schoolers. I would also want to give away a gift for children who buy any expensive merchandise.
|
6
(p.179)
|
|
14. Describe the atmospherics that you believe they are following. Describe three (3) elements that you find appealing. Describe two (2) elements of the atmospherics that you would change. Why would you change them and how would your atmospherics look?
|
1. Oanh
|
6
(p.194)
|
|
15. Do they have an online presence?
If they have an online presence, describe the website design that you believe they are following. Describe three (3) elements that you find appealing. Describe two (2) elements of the web site design that you would change. Why would you change them and how would your website design look?
If they don’t have an online presence, describe the web site design that you believe they should follow. Describe three (3) elements that you feel should be in the website design.
|
2
|
6
(p.198)
|
|
16. Discuss the success of the retailer in attracting their chosen target market. Provide an assessment of the ability of the retailer to attract the desired chosen market. Explain in detail.
|
The retailer is successful in attracting the children to the store because of the posters of different cartoon characters outside the store. The retailer also employed someone to dress up as a comic book character to gather the attention of the children.
|
7
(p.206)
|
Vincent666
Waltmart.docx
