By Jeremy Webster
The University of Sydney CURRENT MARKET CHALLENGES Lower Revenues Lower Profits
1. Increased competition from larger retailers & online retailers, domestic & international 2. Increased fuel and Tabacco excise 3. Negative reputation due to unhealthy foods traditionally sold at convenience stores (Market Line, 2014) Caused by
By Jeremy Webster The University of Sydney More Choices More Competitors More Convenience?
By Jeremy Webster The University of Sydney Vast product varieties
THE SOLUTION
In Store 3D Printing
Access to Millions of Instant Products
Instantaneous. NO Wait Time
Unique, Mass Customisation
Automated Fully Automated
Opportunity for 24/7 Service
Opportunity for Supplier Promotion
Built to Order No Left Over Products No Discounting to Move Obsolete Stock Automatic Design Updates
Another dimension of convenience Virtually unlimited variety of products to choose from Mass customisation Virtually no wait time Unique, specialised products
Further Strategy Opportunities 3D Self Create 3D Pick-up or drive thru 3D Exclusive designs Automatic ordering and design updates
SUMMARY Realistic, Cost Effective Solution Higher margins Unique, innovative solution
70.5% Supermarkets Specialist Retailers 13.5% 12.1%
A.Capitalises on convenience stores unique strengths A.Expands the sector into other markets A.Higher margins and sustainable future growth A.A realistic, innovative solution A.Another dimension of convenience
Another dimension of convenience.
Thank You By Jeremy Webster