Preview

Profiling of Iga Supermarket

Satisfactory Essays
Open Document
Open Document
303 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Profiling of Iga Supermarket
Project1

This customer profile report source where is from Metcash annual report in 2011.

The Store image

IGA is a local, independent brand that has the flexibility and opportunity to deliver the things locals like.
The Benefit of being part of the IGA brand is that as an independent retailer, you can be famous for your own area of retail expertise, whilst delivering on the overall IGA brand offering.

Store Types
IGA is marketed under one brand, but differentiated by three channels to meet consumers’ specific needs.
Channel 1: Supa IGA
- Large format stores, carrying a comprehensive supermarket range. These store primarily cater to shoppers who wish to purchase all their grocery and fresh food requirements in one location. ‘A one stop shop’ with a strong value proposition.

Channel 2: IGA
-Medium format stores, carrying a mid-sized supermarket range. These stores are primarily
Neighborhood stores catering to shoppers who purchase fewer items, but do so more regularly. ‘Convenient, top-up shop’.

Channel 3: IGA X-press/ Friendly Grocer
-Small format stores, typically attracting an emergency shopper centered in high traffic areas. Theses stores supplement a full grocery shop and specifically target the shopping demographic in their area. ‘Convenience

Previous promotional activities

The promotional program ‘Locked Down Low Prices’ deliver value for costumers. It is third stage of more than $10 million marketing, includes two TV commercials, online, catalogues and point of sale and feature the new face of IGA.

The key promotional components in the marketing campaign are padlock called ‘Lockie’ and Do explaining the pricing initiative.

This campaign will see the prices of 1,ooo products, including Balducii Pasta, Bulla Ice Cream and Schweppers’ drinks dropped and locked for the next three months, to be followed by a rolling stream of price cuts on hundreds of other products.

Identified customer

You May Also Find These Documents Helpful

  • Good Essays

    Non-food retail stores are upping the ante by offering everyday convenience foods in their stores. Drug stores and dollar stores are offering most of the fundamentals of a person’s kitchen in their retail establishments. Grocery items can even be found in the local gas station. These store ad yet another player in the food market.…

    • 559 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The lessons that the Trader Joe’s story offers to aspiring entrepreneurs who want to get off to a good start in any industry is to understand the advantages and disadvantages of any industry. If an entrepreneur wants to start with Trader Joe’s, he/she would learn to think in smaller retail markets so they can improve food access and quality in neighborhoods with few or no large grocery stores. While the economic advantages of large grocery stores are disadvantages to the smaller markets, small grocers do have distinct advantages. They can offer more personalized service and a greater sense of community. Their smaller pool of employees and customers allow for the development of personal relationships. Corporate grocery store chains recognize the small retail market niche and some are now repackaging their offerings into smaller retail settings. Trader Joe’s is designing new, smaller stores that may offer a more social shopping experience. Through the Trader Joe’s story, entrepreneurs need to explore many facets of their industry they want to dive into.…

    • 494 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Retail merchandise stores attract many different types of people. For example, Wal-Mart targets all income level households, whereas dollar stores such as DG serve "need-to" shoppers. More specifically, the target customers of DG are normally in towns with less than 20,000 people and have the following characteristics:…

    • 269 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Basic grocery staples such as milk, bread and eggs are strategically placed at the back of the store, forcing consumers to walk past, and view, thousands of other items on the way to…

    • 554 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Retail merchandise stores attract many different types of people. For example, Wal-Mart targets all income level households, whereas dollar stores such as DG serve "need-to" shoppers. More specifically, the target customers of DG are normally in towns with less than 20,000 people and have the following characteristics:…

    • 1643 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Market Strategy Analysis

    • 467 Words
    • 2 Pages

    | * As we are going for a skimming strategy, the promotion during 20 weeks in a year should not be offered in 2008, but can be offered in subsequent years to ensure high volumes. During promotion, rather than slashing the price, bundling EPOC…

    • 467 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Food Desert - Analysis

    • 323 Words
    • 2 Pages

    The implementation of this strategy, specifically by pioneering small formats in the "food desert" neighborhoods of Chicago, shows the increased sales opportunities for this market. Walmart's market segmentation studies have shown the potential strength of this type of strategy. The announcement of these stores, and a similar recent announcement in Dallas, demonstrate the importance of these markets in Walmart's plans to gain increased market share of the grocery business.…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Supply Chain Management

    • 324 Words
    • 2 Pages

    any loss of sales due to the promotion). Is the supply chain coordinated to achieve…

    • 324 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    In my adventure to find the right store for this assignment, I solicited the assistance of my neighbor. My neighbor, Edith Yarbor and her husband Larry own a convenience store in Agua Prieta, located in the northern region of Sonota, Mexico so this was the venue of choice for me to observe for a few hours.…

    • 413 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Allen, J. (2009) ‘One-stop shopping: the power of supermarkets’, in Taylor, S., Hinchchliffe, S., Clarke, J. and Bromley, S. (eds) Making Social Lives, Milton Keynes, The Open University.…

    • 1545 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Debenhams

    • 3433 Words
    • 14 Pages

    The stores are located in various locations, including town centres, high streets and shopping centres and cover a wide geographic and size range.…

    • 3433 Words
    • 14 Pages
    Good Essays
  • Good Essays

    Pricing Strategies

    • 480 Words
    • 2 Pages

    Coles’s latest product is more price cuts planned in the next few weeks. It is shown that, Coles are using market –penetration pricing strategies, setting a low price for a new product in the next few weeks to attract a large number of buyers and a large market share (Kotler et al, 2010 p7). Furthermore, there are using past of Down Down campaign advertisement of their latest product.…

    • 480 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Iga Marketing Plan

    • 2522 Words
    • 11 Pages

    The purpose for this document is to describe, and provide a framework for an optimized marketing plan for IGA Australia entering into Chinese market in the period May 2010 to May 2013. The report offers a structure for developing, implementing and controlling IGA China marketing program for the international IGA brand, in order to achieve focal objectives as followed in this plan.…

    • 2522 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The traditional supermarket occupies a large amount of floor space, usually on a single level. It is usually situated near a residential area in order to be convenient to consumers. The basic appeal is the availability of a broad selection of goods under a single roof, at relatively low prices. Other advantages include ease of parking and frequently the convenience of shopping hours that extend into the evening or even 24 hours a day. Supermarkets usually allocate large budgets to advertising, typically through newspapers. They also present elaborate in-shop displays of products. The shops are usually part of corporate chains that own or control (sometimes byfranchise) other supermarkets located nearby—even transnationally—thus increasing opportunities for economies of scale.…

    • 835 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Premiums Handbook

    • 7261 Words
    • 30 Pages

    The use of premiums as a means of inciting the consumer to buy specific products dates as far back as 1851. Experience has forced this promotional method to change with the conditions and the sophistication of consumer tastes. However, one thing remains unchanged, in the past, present and future: premiums succeed only to the extend that they are made known. This calls for promotion by newspapers, magazines, displays, radio, T.V. and any other method successful in mass advertising.…

    • 7261 Words
    • 30 Pages
    Powerful Essays