TARGET Aiming for the Bullseye Presentation By: Abbey Theban, Cassie Vick, Lisa Wilken & Alex...
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Transcript of TARGET Aiming for the Bullseye Presentation By: Abbey Theban, Cassie Vick, Lisa Wilken & Alex...
TARGETAiming for the Bullseye
Presentation By: Abbey Theban, Cassie Vick, Lisa Wilken & Alex Vahhaji
Meet The Team
Abbey Theban:Strategic Communication
Cassie Vick: Textile & Apparel Management
Alex Vahhaji:Sales
Lisa Wilken:Electrical Engineering
Target v. Cartwheel
Target App
• Target’s Online Store• Offers online promotions• Links to Cartwheel’s
separate app• Highlights: Target List
feature
Cartwheel
• In Store Coupon App• Separate from Target app• Redeem savings in-store
only• Highlights: Collections
feature
SWOT: Before Implementation
Strengths
• One of the largest retailers in US
• One of the most loved companies in US
• Already have a fairly strong mobile presence
• Apps are diversified, despite having many of them
• Target market is a large and diverse group of people
• Great online presence, including social media •
Weaknesses
• Too many apps• Low app ratings and reviews• Consumes storage space &
battery• Target • Cartwheel by Target• Target Ticket• Target Wishlist• Target Registry• In a Snap
• Increasing online sales, while declining in-store sales
SWOT: Before Implementation
Opportunities
• Growing following of Millennials
• More mobile/online presence opportunities
• Innovative company• Always finding new ways to
expand and create
• Larger company = larger budget for creative/new endeavors
Threats
• Data breaches• People not downloading
all of the apps• People resistant to change• Other large retailers
proficient in e-commerce and that offer flexible delivery/in-store pick up options• Amazon & Wal-Mart
The Solution: Introducing…
The Beauty of Bullseye• This little app will do BIG things for Target• Bullseye = Aiming straight at your Target guests• All-inclusive and easy to use!• Implementing Flexible Fulfillment
• Getting guests hooked on great
merchandise by browsing online,
but getting them the savings if they
step into the store
• The Goal• Combine and compare online offers
and in-store coupons in one cohesive
app!
Features• So where’s Cartwheel?
• Cartwheel will now become its own feature within the app and will have its own icon in the menu button below
• “Featured” Home Screen• Will now combine online deals with
Cartwheel offers • Browse and compare online and
Cartwheel deals without switching back and forth between apps
• Click Cartwheel to access your barcode and scanner for an easier, quicker in-store shopping experience• Scan and save in store with just
one click
Features
• “Find” Icon• Search feature remains same with
barcode icon for optimizing in-store shopping
• Use the barcode in store to find the product you want online
• OR use the barcode to scan items to find potential Cartwheel offers matching the item’s barcode
• Shopping Cart • Remains the same except…• Ability to add Cartwheel deals to promote
in-store pick-up instead of buying online
Features• My Profile
• Will now include:• My Favorites
• Based on recent purchases, search history, etc.
• My Pharmacy• Separate login for privacy• Find out when prescriptions are
available for pick-up• Contact your physician or
pharmacist to renew prescription• My Cartwheel
• Your recent activity, suggested items and badge information
Features• Say Goodbye to “My List”• And say hello to its better looking
sibling… My Collection!• Combination of Target List feature
and Collections feature from
Cartwheel app
• With our new combined app “My Collection” will take on a whole new meaning to “try before you buy”
• My Collection will turn into a fashionable and functional way to put items (clothing, home décor, etc.) together into categorized groups to pick up in store (or buy directly online)
• This feature will allow you to search Bullseye’s entire site and put items together into a visually appealing picture collage
• Each Collection will give you the total price of your combined items AND let you know which items have coupons/discounts available for them via Cartwheel
• Add your Collections to your shopping cart with ease for a fast purchase or quick in store pick up!
• Like the collection tab on Cartwheel, My Collection will also be able to suggest items to you in their own PRESET COLLECTIONS that are similar to what you have selected in your different Collections
Introducing: Push Notifications
• Push Notifications are the new trend in mobile advertising• Guests will be able to opt-in for Push Notifications after
downloading the app• Push Notifications will be sent to:
• Remind guests about items left in their shopping cart• Offer online and in-store incentives, advertise new deals, products,
etc.• Encourage guests to sign up for a Target REDcard
• Information for Push Notifications will be based on guests’ recent searches, favorites, purchases, location, etc.
Push Notifications
• Push notifications are becoming an incredibly powerful communications channel and can be sent even when the user isn’t engaged with the app
• Because the channel is so personal, it’s easy to take advantage of it• Target can use geo-detection to find out when a customer last
visited their store or when a customer is nearby, and can then push out a relevant notification
SWOT: After Implementation
Strengths
• Consolidation of apps• Personalization aspect• Interactive Push
Notifications draw guests into the store
• App is user friendly and easy to download
• Encourage in-store pick up through My Collections
Weaknesses
• Singular app will require more storage space• But nothing compared to all
of the apps together
• Puts smaller emphasis on other apps that Target may find important
• Must alert guests of app changes/deletions• Inform guests how to use
new applications
SWOT: After Implementation
Opportunities
• More in-store and online sales thanks to My Collections and push notifications
• More people looking at and downloading app
• Allows for customization• More Target REDcard
applications and uses
Threats
• Consumers resistant to change
• Data breaches• May cause more work for
Target’s app developers• Cost of new development• Other retailers copying
Target’s new strategies
Benefits For Guests• Free up storage space in guests’ phones with just one
app• Offer Cartwheel deals throughout the app to get guests
into the store instead of shopping online• Personalized for the guest• Alerted and informed of important sales, coupons and
new items• More likely to become brand loyal
Benefits For Target• Grossly improve app ratings
• Currently 1.5 for Target & 2.5 for Cartwheel
• Push notifications • Increase awareness and sales of Target REDcard• Increase online and in-store sales due to reminders, deals, and new
products
• Easy Implementation• Less app interfacing for programmers to change & easy to frequently
update
• Increased store traffic due to integration of Cartwheel deals into all aspects of the Bullseye app• Encourage in-store pick up through the My Collection feature on the
Bullseye App
• Competitive Advantage over large scale retailers
Take our advice and aim for the…
Thank you for your time!