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Published byRosalyn Cannon Modified over 8 years ago
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By Jeremy Webster
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The University of Sydney CURRENT MARKET CHALLENGES Lower Revenues Lower Profits
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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
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By Jeremy Webster The University of Sydney More Choices More Competitors More Convenience?
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By Jeremy Webster The University of Sydney Vast product varieties
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THE SOLUTION
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In Store 3D Printing
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Access to Millions of Instant Products
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Instantaneous. NO Wait Time
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Unique, Mass Customisation
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Automated Fully Automated
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Opportunity for 24/7 Service
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Opportunity for Supplier Promotion
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Built to Order No Left Over Products No Discounting to Move Obsolete Stock Automatic Design Updates
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Another dimension of convenience Virtually unlimited variety of products to choose from Mass customisation Virtually no wait time Unique, specialised products
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Further Strategy Opportunities 3D Self Create 3D Pick-up or drive thru 3D Exclusive designs Automatic ordering and design updates
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SUMMARY Realistic, Cost Effective Solution Higher margins Unique, innovative solution
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70.5% Supermarkets Specialist Retailers 13.5% 12.1%
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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
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Another dimension of convenience.
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Thank You By Jeremy Webster
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