Ch 16 managing retailing wholesaling and logistics (2nd attempt)

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Transcript of Ch 16 managing retailing wholesaling and logistics (2nd attempt)

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Chapter 16

Managing Retailing, Wholesaling, and

Logistics

Cherry Tatel

09-Oct-2013

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1. Retailers and its types2. New Retail Environment

a. Recent developments

b. Marketing Decisions

3. Growth of Private Label Brand4. Trends in Wholesaling5. Market Logistics

a. Objectives

b. Decisions

c. Lessons

Chapter Outline

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1. Retailers and its Types

3

Store Retailers

Self-service

Self-selection

Limited service

Full service

Non-store Retailing

Direct selling

Direct marketing

Automatic vending

Buying service

Corporate Retailing & Franchising

Corporate chain stores

Voluntary chains

Retailer and Consumer

cooperatives

Franchises

Merchandising conglomerates

4 services

4 categories

5 Major types

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1. Retailers and its Types

Store Retailers

Non-store Retailing

Corporate Retailing & Franchising

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Recent Retail Developments1. New Retail Forms and Combinations

2. Growth of Intertype Competition

3. Competition between Store-Based and Non store-based retailing

4. Growth of Giant Retailers

5. Decline of Middle-Market Retailers

6. Growing investment in Technology

7. Global Profile of Major Retailers

8. Growth of Shopper Marketing

2. New Retail Environment

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2. New Retail Environment

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3. Marketing Decisions inRetail EnvironmentAreas to examine:

1. Target Market

2. Channels

3. Product assortment

4. Procurement

5. Prices

6. Services

7. Store atmosphere

8. Store activities and experiences

9. Communications

10. Location

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3. Marketing Decisions inRetail Environment

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4. Private Label Brand

a. Can generate higher profit margin- benefits from weakening of national brand

- for more price conscious consumers

- well stocked, more prominent display

b. Distinct from “generics” or unbranded- generics are unbranded, plainly packaged,

less expensive version of common products

- Private label packaging can be premium products without direct competition; packaged innovatively and attractively.

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4. Private Label Brand

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5. Wholesaling Trend

Continuous market pressures requires wholesalers to adopt to changing needs

1. New competition

2. Demanding customers

3. New technologies

4. More direct buying programs

.

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5. Wholesaling Trend

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6. Market Logistics

a. Objectives

- Getting the right goods to the right places at the right time for the right cost (?)

b. Decision- Order Processing- Warehousing- Inventory

c. Lessons

- Strategies must be derived from business rather than from cost considerations.

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6. Market Logistics Decisions

Order Processing

Warehousing

Inventory

Shorten order to payment cycle

Reduce number of stocking location

Determine optimal order quantity

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Chapter 16

Managing Retailing, Wholesaling, and

Logistics

Cherry Tatel

09-Oct-2013