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Animal product testing
Case synopsis of Body shop case study
Animal product testing
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INDIVIDUAL ASSIGNMENT : Discovery Project (individual essay) (Attach this cover page to your assignment) Student Details: Family Name (Surname): Chow Given Name: Boris Ting Fung Student Number: 53569816 Your CityU email adrdress: btfchow2-c@my.cityu.edu.hk Course Details: Course Name: Management Course Code: CB2300 Tutorial Number: T01 Tutor's Name: Dr. Toni Maria TONG Assignment Details: Shopping Mall: Tai Po Mega Mall Company chosen: The Body Shop Number of Words: 1693 Due Date: 23 March 2014 Date Submitted: 23 March 2014 PLEASE NOTE: All assignments are the responsibility of the student. Ensure you keep a copy of your assignment before submitting. You have to submit the cover sheet TOGETHER with you work in one single file. PLAGIARISM DECLARAION By submitting this work, I hereby, acknowledge: Introduction The Body Shop aims to sell products based on ethical values since it was found in 1976. Renowned for Corporate Social Responsibility and anti-animal testing campaigns. In this report, it will be showing analysis of strategies, strengths, weaknesses and also what it possess in the industry. •How does the shop draw customers (or fail to draw customers)? What are its main resources and capabilities (e.g., location in the mall, customer service, product/service offering, décor of the shop, etc.) that you think attract customers (or turn away customers)? One of the most obvious way The Body Shop uses to draw customers is by appealing the sense of its customers. It has been very successful for The Body Shop to use pleasing scent to attract customers outside the store. Along with the pleasant smell buyers are enjoying a more favourable shoppi... ... middle of paper ... ... retailers who take social and environmental issues seriously. Furthermore, the website claims that while 64% of our loyal shoppers are prepared to pay more for an ethical product, the comparable figure is only 45% for our less regular customers. Only 44% of our regular customers are prepared to change the way they shop for that reason alone. Which means the distinctive products and value has no doubt attracting customers, yet, the majority of the customers are willing to pay a premium. In conclusion, the above strategy has definitely been effective. It has achieved its goals of selling products which are natural based and raising the awareness of social responsibility and environmental issues. ______________________________________________________________________ [3]http://www.thebodyshop.com/content/pdf/global-values_report.pdf, Alexa Manzi, 2011
...will have a better chance of bringing in new long-term customers because they have presented the information fairly and honestly.
This will help them in achieving maximum sales. The company’s marketing team should first collect information regarding the income level of customers who live in the vicinity of the potential store location. They should determine income of the area’s population in order to make sure that it matches that of their typical customers. They should also take a look at education level as well occupational information for the area in question.
As you can see from the points above it is vital to give good customer
“The shoppers now made 51% of their purchases on the web compared with 48% in 2015 and 47% in 2014”(Wall Street Journal)
Judging criteria would be having the customers fill out surveys, they have them all the time, but the customer will get a reward for filling it out regardless. Some companies have you fill out surveys and you are entered into a sweepstakes contest. So customers might not fill out the survey because what is the point if they feel unlucky. The customers opinions are the voices that will help make a positive impact these stores defaults.
More than half of the interviewees did not know about these types of business because they believe it defeats the purpose of a business's main goal, making profits. Not one person could recall hearing about the “1% For The Planet” because they have not heard of it on any source of media vehicle. It was also discovered that the interviewees were not interested in purchasing clothing from any brand that treats employees unfairly and
Having prior knowledge of a customers needs, habits, and questions before or during every interaction and transaction can boost customer satisfaction. (Zueschner, Raymond. (1997). Communicating Today. Boston: Allyn and Bacon.
One of the most important areas to consider is customer service. The atmosphere of a store
According to the video “How stores track your shopping behavior”, from the study of men’s habit of shopping, they know how to get men to pay attention to their products. They change it up a little bit and get a really interesting result:”85% increase in product touch, 44% increase in sales, and 38% increase in dollar sales”. That is huge increase in numbers. That number shows how impactful the study is in their business performance. It is the result of understanding their customers’ needs and desires.
The above questions are open-ended to enable the participants provide all-inclusive answers. Furthermore, systematic approach will be used in obtaining the required customer sample, which is 15 customers in this case. The customers will be randomly selected, whereby every 3rd customer will be asked to fill-in the questionnaire. The technique of systematic sampling was selected to ensure equal representation and accuracy of results by preventing biasness. In addition, ethical concerns will be considered. The representatives would be informed that their private identity will be concealed and that the study is entirely for the company. The representatives are also at liberty to withdraw from the study and will be provided with a written consent outlining the reasons for the survey.
Buyer power is very low in this market because one customer’s decision to use the service or not to use it will not affect the overall market. Likewise, one customer’s dissatisfaction will not influence a significant number of other c...
Threat of substitutes in market as best quality is not always a priority for some customers as they are price sensitive.
...rs since the reward is tangible. Since 80 percent of profit comes from a small percentage of customers, programs should be developed to retain them. Companies will use resources that aren’t available to the entire customer base to ensure they are retaining their most valuable customers and offering incentives to encourage others to move up.
Whether these items are necessities or even a splurge item. Trips to the store are made for a reason and when you go there will always be the impulse buyer, the list maker, and the bargain hunter. Each type has a different method and these methods are being used to shop, and they are our personal ways of shopping. You will come across many different types of shoppers. You will now realize what kind of shoppers these people you encounter are. Every shopper has a different personality when it comes to shopping as well. Some can be good as well as bad. Shopping is a fun thing regardless. Almost every individual enjoys it. We all have had something we 've been excited to buy. These kinds of shoppers can be found anywhere products are being
Loyalty customers gain the more cost advantage and benefit, this resist competitors very hard to match. Promoted cost bind to loyal customers to sustainable growing.