Preview

Nordstorm Case Study

Satisfactory Essays
Open Document
Open Document
585 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Nordstorm Case Study
Nordstrom Case Study

1. How else can Nordstrom continue to provide exceptional customer service and increase brand loyalty?

Every retail company should want to strive to distribute great customer service. Customer service is basically the way employees interact with customers. Good customer service to me is greeting me with a smile when I enter the store, ask is there anything that I need assistance with, upon checking out ask if I found everything ok and welcome me back to shop in that store again. I hate going into stores where the sells representatives do not acknowledge customers when entering the store. I also feel it is rude for employees to hold personal conversations with other employees in front of customers. Personal telephone conversations are not good characteristics for good customer service. I think every company that works with the public should require their employees to take customer service classes as a prerequisite before starting on the job. The customer service field can be challenging at times, especially when dealing with irate customers. Employees must always remember to maintain the customer is always right mentality. Nordstrom has been acknowledged on numerous occasions about their exceptional customer service. It’s evident that Nordstrom is above average with their customer service skills. My suggestion for the company is to keep doing whatever it is they are doing. My philosophy is if it’s not broke than don’t fix it. Build personal relationships with loyal customers. This will help you be able to assist the customer with their shopping needs and you would be able to make recommendations to them on new merchandise. Nordstrom already provides a friendly, comforting environment which will automatically draw the customer back into the store. It is important for the customer to know that the focus is on them. It is suggested that Nordstrom can increase brand loyalty lowering the point and spending requirements for tier



References: Kotler, P., & Keller, K. L. (2012). Marketing management (14th ed.). Upper Saddle River, NJ: Prentice Hall. Zacks Equity Research. (2013). Nordstrom’s Risk-Reward Balanced. Retrieved from http://www.zacks.com/stock/news/81770/Nordstroms-RiskReward-Balanced.

You May Also Find These Documents Helpful

  • Good Essays

    In the Nordstrom way book that I have just concluded I have found a lot of clear new tips, alongside of understanding a business from the ground up. In 1901 the first Wallin & Nordstrom store opened, from 1901 to present in 2017 this company is still thriving. It may not be run by the same people but the fundamentals of the store are the same as the store in 1901. The Nordstrom family had gone through a lot of processes to get where the company is to this day. Through the entirety of this book all of the success can be based off of hard work and creating the gold standard of customer service. The Nordstrom Way focuses solely on doing whatever may be needed to satisfy the customer. Using your own initiative, provide your customers with the exceptional…

    • 677 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A strong operating performance is one of Nordstrom’s biggest strengths. Nordstrom displays a steady revenue growth, which is caused by the strength of Nordstrom full-line stores as well as the growing online business and improvements to Nordstrom Rack stores. Due to the strong operating performance, Nordstrom gains more confidence from investors than their competitors. Multi channel operations are also a strength that Nordstrom displays. Products are available through the company’s full-line stores, discount stores ‘Nordstrom Rack’, ‘Jeffrey’ boutiques as well as the internet allows the company to improve sales and inventory turnover. Nordstrom also allows customers to purchase items online and then pick the items up at a store the…

    • 612 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Case Study: Nordstrom

    • 612 Words
    • 3 Pages

    On the other hand, Nordstrom has identified many effective strategies from other retailers in order to improve and prosper without failing along the way. They have identified what the customer wants and/or needs in an uncertain economy. Also, their inventory management process has become a long-term investment which other retailers like Macy’s or Saks have not been able to…

    • 612 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    All customers know Nordstrom’s good policy and we have a huge amount of loyal customer that just buying from our store. The store I am working at, is the largest store in Washington DC area with the highest volume.…

    • 257 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The purpose of this report is to identify whom the millennial customer is, why they are so important to the future of Nordstrom as a company, and how we can better capture this opportunity to have continued success in later years. The first sections of the report discuss who the millennial is and also covers the sector of this industry that caters to the market of the millennials. Both a SWOT and competitive analysis was used to assess the market place and where Nordstrom currently stands relative to the competition that is favored by the millennial customer. The report also mentions what strategies will be used to capture this segment of the market through remerchandising, updating visuals in current departments, revamping those departments that are not very successful company wide, and improving the current utilization of our social media efforts on an individual store level. Finally, each of our strategies will further explain what tactics we will use to accomplish our marketing objectives .…

    • 4174 Words
    • 17 Pages
    Better Essays
  • Powerful Essays

    Nordstrom vs. Macy's

    • 1282 Words
    • 6 Pages

    In the 1980’s Nordstrom’s experienced a boom. This was due to many factors but one of the most prevalent was their amazing use of customer support. Over almost anyone else Nordstrom’s prides itself on having some of, if not the best, customer support. This is helped by them recruiting managers from the ranks of salespeople thereby encouraging their employees to work harder while maintaining high moral.…

    • 1282 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Nordstrom Vs. Technology

    • 329 Words
    • 2 Pages

    The retail industry is rapidly changing due to technology advancements and consumer demand. Consumers have shifted to ecommerce spending rather than with brick and mortar stores. Nordstrom, a leader in the retail industry, is facing growth issues in retaining consumers under this transition. Despite this major shift in ecommerce spending, Nordstrom has been able to tap into the market by offering a seamless online shopping experience, similar to the experience customers receive in store. Bloomingdales and Macy’s, Nordstrom competitors, are also facing these issues but are less successful in adaptation. The overall trend will force expansion in their online presence, to mitigate the risk of market share loss. Amazon,…

    • 329 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    New Product Launch Part II

    • 2923 Words
    • 12 Pages

    Kotler, P., & Keller, K. L. (2012). Marketing management (14th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.…

    • 2923 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    The U.S. economy has been hit hard due to soaring oil prices, the threat of inflation, and high unemployment rate, resulting in low consumer confidence. Consumers have been hit especially hard and are trading down in consumer staples and what they spend their discretionary funds on. Superior quality products with world class customer service and its new inventory system are the key reasons why Nordstrom is still a leader in the retail industry. Through an analysis…

    • 15399 Words
    • 62 Pages
    Better Essays
  • Powerful Essays

    Over the years Nordstrom has created individual departments that focus on the individual lifestyles of the customers. The company nor only provides its customers with a wardrobe, but also a countless line of accessories, cosmetics, and fragrance. Over the past few years, the company has added new brands to its product line to satisfy its customer needs. In order to give the best possible service to the customer, the company plans on continuing to update the product line as new customer desires evolve.…

    • 10090 Words
    • 41 Pages
    Powerful Essays
  • Good Essays

    Nordstrom, Inc. is an American upscale fashion retailer, which was created John W. Nordstrom and Carl F. Wallin and it’s headquarter is located in Seattle. The company started as a shoe retailer and has ever since extended its inventory including clothing, handbags, accessories, jewelry, cosmetics, and fragrances. Select Nordstrom stores also got wedding and home furnishing departments. There are 323 stores in 38 states and Canada, which is including 119 full-line stores and 183 Nordstrom Racks, two Jeffrey boutiques and one clearance store. Nordstrom also helps customers via Nordstrom.com, the newly created e-commerce site nordstromrack.com, and its online private sale site. Its teams are made up of aggravated individuals who…

    • 520 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Nordstrom Essay

    • 1313 Words
    • 6 Pages

    Identify the advantages and disadvantages of using “customer centricity” to create customer loyalty among existing and new Nordstrom customers.…

    • 1313 Words
    • 6 Pages
    Good Essays
  • Good Essays

    The Nordstrom Company

    • 1092 Words
    • 5 Pages

    What makes Nordstrom unique? The obvious is what’s inside the store – the residential feeling, layout, design, lighting, the piano, large fitting rooms, and the merchandise, starting with those shoes. But it also is its culture of motivated, empowered employees each with an entrepreneurial spirit. Nordstrom encourages, demands, and expects individual initiative from staff on the frontlines. The best Nordstrom sales associates will do virtually everything they can to make sure a shopper leaves the store a satisfied customer. The foundation of the philosophy comes from the Nordstrom family. The founding family of the company frequently uses a word rarely heard in business – humble. They believe – You need to be humble to do service.…

    • 1092 Words
    • 5 Pages
    Good Essays
  • Good Essays

    MGT 534

    • 2108 Words
    • 18 Pages

    Kotler, P., & Keller, K. L. (2012). Marketing management (14th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.…

    • 2108 Words
    • 18 Pages
    Good Essays
  • Satisfactory Essays

    1. What steps does Nordstrom take to implement its strategy of providing outstanding customer service?…

    • 463 Words
    • 2 Pages
    Satisfactory Essays