Safeway vs. Kmart, A Holiday Sales Promotion Evaluation
-
Upload
leah-colberg -
Category
Business
-
view
352 -
download
0
description
Transcript of Safeway vs. Kmart, A Holiday Sales Promotion Evaluation
EVALUATING HOLIDAY SALES PROMOTIONS
Leah Bothamley, Carrie Lewis, and Chris Day
SAFEWAY’s “Great Value” vs.
KMART’s “Dream Big”
Safeway’s Excellent Sales Promotion
Description Store wide Holiday specific Above aisle hanging
banners Target Market
Anyone with household purchasing power and who also identifies with traditional American holiday meals
Promo Brief: A call to Action
“Stock up on Holiday Items While They’re on Sale”
Focus on price reduction Establish sense of urgency Drive consumers through
store Encourage mass purchase
Stopping the Consumer, and Transmitting the Message
Great Stopping Power Recognizable brands or items Relevant banner locations Attention-getting colors Aesthetic
Effective Transmission Power Elements produce quick
transmission Colors deliver accurate message
Persuade and Lock the Consumer
Strong Persuasive Power Items being promoted are significant and cross-
related Sale time frame is limited, and nationally important Pricing is competitive without compromising brand
equity
Good Locking Power Banners placed near items Cross-promotions stimulates action
Nestle Morsels AND C&H sugar are on sale…
How to Improve Position of Safeway
Wal-Mart is the major price-point competitor
Use the name, logo, or tagline to take advantage of the opportunity to change consumers minds about the low price potential of Safeway
Kmart Holiday Sales Promotion
Description Store wide
promotion Holiday theme Kmart branding Target
Market Kmart
customers Holiday
shoppers Shoppers on
a budget
Promo Brief
A call to consumers to purchase their gifts through the Kmart layaway
Inform consumers of the Kmart layaway program
Embrace the holiday trends and attitudes Increase customer purchases Brand Kmart
How powerful is this promotion? Acceptable Stopping
Power Big Dreams, Small
Payments Holiday Theme
Quick and Clear Transmission Get what you need,
without paying too much all at once
Modestly Persuasive Get it now with layaway
Little Locking Power
How the Spearfish Kmart can Improve
Increase the power and effectiveness of the message
Add additional signage throughout store
Place on high price electronics Enhance Kmart competitive
position “Free” or “No Service Fee”
Transmit urgency Specify a Time period
OUR LOCAL SAFEWAY LAUNCHED A WONDERFUL PROMOTIONAL DRIVE FOR THE HOLIDAYS…
WE HOPE TO SEE THE SAME FROM K-MART NEXT YEAR!
Questions?