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Ralphs By: Lindsay Kiker, Drew Summerfield, Brandon Berguia, Matt Falcone.

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Presentation on theme: "Ralphs By: Lindsay Kiker, Drew Summerfield, Brandon Berguia, Matt Falcone."— Presentation transcript:

1 Ralphs By: Lindsay Kiker, Drew Summerfield, Brandon Berguia, Matt Falcone

2 Pricing Strategy Week #1: Use a % of market share from past records. Week #2: Increase price on items that were stocked out. Week #3: Increase high selling items prices. Week #4: Decrease price of low selling items. Week #5: Decrease all prices to sell out.

3 Assortment Bottled Water-NB Bottled Water-PL Chips-NB Soda-NB Soda-PL Steak-PL Niche Specialty (Fajitas)-PL

4 Biggest Risk Picking a location in the city center. No easy way to predict demand Demographics vary widely Heavy foot traffic Loyalty City center is more fitting for an all organic store.

5 Costs

6 Performance

7 Week 1Week 2Week 3Week 4Week 5 11%10%12% 13% Market Share Week 1Week 2Week 3Week 4Week 5 -583.091377.961399.181202.28218.96 Profit Margin ROAGMROISales/Sq Foot 1.271.36.89

8 Performance

9

10 Highest Selling Products 1.Niche-Fajitas 2.Orange Juice-NB 3.Milk-NB 4.Cereal-NB* 5.Yogurt-NB*

11 Future Steps Better predict foot traffic Run promotions centered around community events Increase prices to better meet demographics Add in more specialty items Add more products  Increase sales per square foot


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