Bella Boutique Rapid City, SD Direct Competitors Bella Boutique competes with other boutiques located in downtown Rapid City Also competes with department.

Slides:



Advertisements
Similar presentations
JC Penney & Joe Fresh Strategic Alliance: A good fit?
Advertisements

By SouthPark. What is Hard Rock? Hard Rock is one of the worlds leading and well known brand in restaurant industry. It has 110 restaurants in 41 countries.
Where There’s a Helpful Smile in Every Aisle!
From Analysis to Strategy
By: Megan, Shayla & Angela.  Final element in a retail strategy  Retailer builds a wall around its position in a retail market By building a high thick.
Designing a Marketing Plan Appendix A. Overview of Report Executive Summary Executive Summary Company Description Company Description Strategic Focus.
Spice Advertising Inc..
MGS 3040 Chapter 3 Ulas Senger Group C
Sara Gilbert and Laura Swalko. HISTORY Founded in 1851 by Rowland Hussey Macy. Founded in 1851 by Rowland Hussey Macy. –Dry goods store In 1858, he moved.
How Nestle uses marketing research to create marketing planning Summarize what is marketing research and what is Marketing planning and how its linked.
Group 5 Petar Agov Mikhail Susin Pavel Pavlov Tom Stanev 3D Printing DDDesigners.
APP BUSINESS PLAN FINAL EXAM PROJECT. CREATE A TITLE PAGE FOR YOUR APP BUSINESS/MARKETING PLAN IN KEYNOTE INCLUDE: THE NAME OF APP YOUR NAMES PHOTO.
Lauren Gault John Rogers Ian Paul L.L. Bean. Background  L.L. Bean is an outdoor apparel company that was started by Leon Leonwood Bean in As a.
BUAD 307—MARKETING FUNDAMENTALS MARKETING STRATEGY.
WALGREENS By Jennifer Hill. Direct Competitors Walmart Pharmacies Target Pharmacies Medicap Boyd’s Family Thrift Pharmacies.
Best Buy Co., Inc. Lynae Rambousek Shu Fang (Jenny) Abdullahi Ainab Gunbilegt Byambadorj.
Analyzing the Competition Lesson 16. Who is the Competition? Important for retailers to know who their competition is and to understand as much as possible.
Direct Competitors Competitors of SafeWay would include: Walmart Family Thrift.
My E-Commerce initiative is to start an online counseling service assisting anyone in need, of any age. Different methods of counseling would be available.
Target Corp. Strategic marketing plan. Executive Summary  Focus & Plan  SWOT  Target Market  Marketing Objectives  Marketing Plan  Promotional Strategy.
Jen Cooper.  Kmart  Target  Albertson’s  Family Thrift  Wal-Mart (yes even though they are sister companies they still compete.)
Marketing Planning Ms. Smith. Good Marketing Relies on Good Plans…  Therefore, it’s critical to look at itself and its business environment.  Companies.
Paper Three: SWOT, Target Market, Positioning MKTG 241 Due: March 8, points.
Retailer Profile October 9 th, Philosophy and Product  “ To bring you fashion and quality at the best price.”  H&M offers on trend women’s, men’s,
THE CHANGING FACE OF RETAILING OWNING YOUR FUTURE.
8- 0 Learning Objective Explain the components of a SWOT Analysis. 1 1.
Competitiveness assessment of Alfa Sport shop By Tatyana Chehranova MG-09.
Principles and Practice of Marketing David Jobber Chapter 2 Market Planning: An Overview of Marketing.
{ Marketing Planning Analyzing the Marketing Environment and Developing a Marketing Strategy and Plan Analyzing the Marketing Environment and Developing.
Retail Market Strategy Direct Competitors Pink 629 Kathleen’s Unique Boutique La Mode Dress Shop Wal-Mart K-Mart.
Transformation to Click-and-Mortar
Section 2.1 Marketing Planning Chapter 2 the marketing plan Section 2.2 Market Segmentation.
{ Juliana Shi Eun Kim & Mia Romero AMM350 Final Project.
To Engage Your Customers With Your Brand Identity That Makes An Impact And Leave Your Imprint On The Market Break Through The Barriers That Block The Way.
Aaron Miller Kyle Bachand Justin McNeill Kirk Lewis.
Vend-Inc. Need an item, We provide them Business Plan 2015 Nallely Perez, Ricardo Miranda, Carina Martinez, Salma Izquierdo, and Arnold Topete.
Section 5.1 Product Design.
Hospitality and Tourism 110
Lesson 16: Analyzing the Competition. Objectives Determine who the competition is and how they are affecting your business Determine who the competition.
SWOT Analysis. Value of SWOT Analysis Knowing when to sell Differentiates you from the Competition Positioning your Offering Picking a Sell Price.
Place. What does Place mean in the 4 P’s? Where buyers look for your product or service.
Elements of a Marketing Plan situational analysis including SWOT and product life cycle establishing market objectives identifying target market developing.
CHAPTER 2 LINKING MARKETING AND CORPORATE STRATEGIES.
Nicole Nystrom Alison Ford Marc Schaecher. History Established in downtown Corvallis in 1964 Started by Mr. and Mrs. Mehlhaf Originally began as a shoe.
Victoria’s Secret by Bayasgalan, Enkhbold, Weflen, & Young.
Who’s Hobby House Retail Analysis by Matthew Sullivan.
Marketing 303 Chapter 2 Strategic and Marketing Planning.
SWOT Analysis Internal/Organizational Strengths Weaknesses External/Market Opportunities Threats To plan effectively, organizations need to fully understand.
Competitor Analysis Templates
Retailing Aim: How do retailers set themselves apart, even though they do not produce products? Do Now: Describe your favorite department store. Why.
Lesson 4.3 Know Your Competition
Retail Market Strategy
COMPANY LOYALTY EFFORTS
Home décor for the modern you.
Marketing Business Plan Presentation
SWOT ANALYSIS. This is a sample text. Insert your desired text here WEAKNESS This is a sample text. Insert your desired text here OPPORTUNITY This is.
SWOT Analysis Use this space for description of Strengths: Point 1
Internal/Organizational
Business Startup & Expansion
کنکور کارشناسی ارشد 93 مدیریت
YOUR LOGO YOUR COMPANY NAME COMPETITIVE ANALYSIS.
الفصل السادس التخطيط الاستراتيجي الأنشطة التسويقية
By: Ariane Laberge Pelletier
11BST 1.4 Marketing.
Competitive Analysis.
כלי אבחון.
التخطيط الاستراتيجي الأنشطة التسويقية
“Қазіргі таңда жастарға ақпараттық технологиямен байланысты әлемдік стандартқа сай мүдделі жаңа білім беру өте-мөте қажет” Н.Ә. Назарбаев.
KNOW YOUR COMPETITION.
Arc’teryx By Philippe Dionne.
Presentation transcript:

Bella Boutique Rapid City, SD

Direct Competitors Bella Boutique competes with other boutiques located in downtown Rapid City Also competes with department stores such as Target and JC Penney

Target Market Teen-Age to young adult women

Stategy Bella’s strategy is to offer boutique, unique merchandise at an affordable price

Competitive Advantage Customer loyalty Unique merchandise Good pricing Great location

Retail Mix Bella Boutique offers merchandise that you can not get anywhere is There assortment is good (and additional sizes can be ordered online) They offer competitive pricing as well as frequent sales The have a great location (downtown Rapid City)

S.W.O.T. Bella Boutiques strengths are: Customer loyalty Great location Merchandise that you cannot get anywhere else Weaknesses are: limited assortment because of store size Opportunities are: They have the opportunity to expand the selection on the website. Threats would include: Other boutique stores downtown becoming as popular