Preview

How Do Retailers Like David Jones Add Value to the Marketing System? Does an Online Retailer Like Scorptec Add Value in the Same Manner?

Good Essays
Open Document
Open Document
852 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How Do Retailers Like David Jones Add Value to the Marketing System? Does an Online Retailer Like Scorptec Add Value in the Same Manner?
How do retailers like David Jones add value to the marketing system? Does an online retailer like Scorptec add value in the same manner?
The purchasing goods & services have throughout the years begun to lead to a new perception of consumer relationship and in ways businesses conduct their operations. Not only is a business concerned with the buying and selling of goods & services but to further maintain that relationship with their customers to correlate between both parties. As this being the prime functionality of businesses, each business must differentiate themselves with other businesses offering different and wholesome services, which overwhelms their competitors, thus adding their own individualistic value to the marketing system. This is clarified by two different company’s, David Jones and Scorptec, where their conduction of operation is distinctive which is stipulated by the consumers that suit different lifestyles and shopping behavior. The different characteristics of retail stores and online retail stores cater to consumers in the significance of explicit values and benefits.
A retail store offers a wide range of services that ultimately adds value to the marketing system. David Jones is perceived as a luxury and high-class department store reflected upon the broad spectrum of brands that are retailed at their outlets. Let alone this perception being a value to the market system, David Jones has the uppermost customer service qualities that surely distinguish from their competitors. Consumers should be able to become submerged with the atmosphere on their first visit. This is supported by the interior and store layout that comprise of indulgence and comfort for consumers to make their time shopping worthwhile. As stated in the case study, shopping is about ‘theatre of the mind’ where you not only purchase products but the shopping atmosphere contributes to one’s experience.
David Jones trains their staff to know the products they are

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Mkt/571 Week1

    • 646 Words
    • 3 Pages

    Marketing deals with identifying and meeting human and social needs. One of the shortest definitions of marketing is “meeting needs profitably (University of Phoenix Library, 2013)”. The management of the company needs to take in the consideration that there are different customer segments with different expectations. Some of them are interested in low prices while another’s are concerned with the quality of the service.…

    • 646 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Introduction: customer service are All interactions between a customer and a product provider at the time of sale, and thereafter. Customer service adds value to a product and builds enduring relationship. in this report I will be talking about the customer service in retail for the three retailers john Lewis department store boots and pc world customer service will help deal with any problems encountered by the customer, for example if a customer has a problem regarding their goods they would ask customer service for assistance in order to tackle and solve this problem.…

    • 4955 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    David Jones Limited (DJS) is an Australian retailer tracing its origins back to 1838 when it first opened in Sydney to sell “the best and most exclusive goods” (DJS, 31 Oct. 2009). It has since expanded to become a national retail chain comprising of nearly 40 premium department stores. The subject of this analysis is a strategic business unit (SBU) that is playing an increasingly important role in the company’s future growth strategy; namely the provision of financial services. As the result of a strategic alliance with American Express (AMEX), DJS launched the David Jones American Express (DJA) card in 2008 (ASX Media Release, 20 February 2008). To effectively analyse the value proposition of this SBU and product it is important to first examine the overall value proposition of the company. As defined by Kotler, a company’s value proposition is the set of benefits which it promises to deliver to consumers in order to satisfy their needs (Kotler et al. 2009). In the case of DJS these core benefits are the provision of an “empowering level of customer service”, a distinctive store ambiance, a unique and high quality product range and international brand portfolio offered at competitive prices, and a mission statement to “be the best full line, differentiated department store” (DJS Enterprise Agreement 2006). Key aspects of this proposition include the company’s focus on quality, luxury and aspiration. In terms of Maslow’s hierarchy of needs it demonstrates a desire to deliver an experience and array of products which satisfy needs of belongingness and self-esteem in a potential buyer (Maslow 1954). It also forms the basis for the company’s positioning strategy and its marketing orientation towards customer satisfaction (AFR Boss Magazine, October 2009, p.22). The company strives to deliver these key benefits to a primary target market consisting of “three generations of women (daughter, mother, grandmother) from households with above average disposable…

    • 2617 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    ‘Retail shopping is not dead. Bad retail shopping is’ says Ian Moir. His plan for David Jones involves several key strategies including…

    • 1039 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Harrison

    • 2341 Words
    • 10 Pages

    With the continued revolution of businesses and markets, stores have experienced significant impacts. Traditional department stores like Harrison’s are beginning to experience the effects of a number of changes in the retail industry. Not long ago, major department stores succeeded by being all things to all customers. Shoppers can go to one department store and have all there needs catered there. You can shop for clothes, do groceries, eat, watch movies, pay bills, and do virtually almost everything else in one department store.…

    • 2341 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    David Jones Limited (Djs)

    • 2995 Words
    • 12 Pages

    David Jones is strategically placing itself for brand positioning. It wants the customers to believe that it is an ‘Affordable Luxury’. In alignment with this strategy, store needs to be broken into segments and the niche sales staff must cater to the individual departments (Strawczynski 2008). At the retail level, the company can execute its strategies and plan of action in accordance with the market trends, which…

    • 2995 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Nordstrom Swot Analysis

    • 1011 Words
    • 5 Pages

    One common core true of all shopper is the desire for quality products and responsive, personalized customer service. Nordstrom shoppers lead active lifestyles; engage in physical and social activities. Nordstrom shoppers are often involved in various civic and social groups, have a wide array of personal and professional interests and family oriented. From the pediatric customer to the geriatric, Nordstrom shoppers have full schedules leaving little time for wasted shopping. A shopping trip to Nordstrom for many is as much a social event as a functional one. Nordstrom recognizes this and has thus put into place its Café, a full-service restaurant offering a fine dining experience including alcoholic beverages. The design of the café allows shoppers to reconvene with family and friends while providing respite from the task of shopping. Nordstrom clients are fashion forward, discerning and demanding when it comes to quality products thus, the higher than average price point of Nordstrom product offerings is readily…

    • 1011 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    This case discusses the customer service initiatives of LL Bean, Inc, a US-based multichannel retailer. LL Bean had evolved from being a mail order company selling hunting boots into a leading international retailer selling apparels, home furnishings and outdoor equipment. Its endeavor was to deliver quality products at reasonable prices and offer excellent customer service to customers. In its 98-year long history, the company had preserved the customer-centric tradition set by the founder and had, over the years, molded its operational policies to provide superior purchasing experience to customers. The company believed that a satisfied customer helped build customer loyalty and encouraged repeat purchases, which were essential…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In this assignment we were proposed to visit two different stores of a company of our choice located in different areas, and observe what is its costumers’ profile and other relevant consumer behaviors. Before visiting the stores, we had to make a pre-analysis on what we were expecting to find, and then compare it to our empirical findings.…

    • 890 Words
    • 3 Pages
    Good Essays
  • Good Essays

    What is the customer’s image of Smith’s Clothing store, whom is there customer, and how do they differ from Smith’s competitors? In performing this research they will gain a better understanding of their current clientele as well as the potential customer.…

    • 496 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Consumer behavior is defined in a variety of ways such as “the dynamic interaction of affect and cognition, behavior and environmental events by which human beings conduct the exchange aspects of their lives.” by the American Marketing Association. (2008). In a simpler form, consumer behavior can be explained as the actions of consumers and the different approaches a person may take to decide what to buy and the decision making process. The decision making process can be effected by many factors all related to a person or persons lifestyle. Determining that behavior can be confusing and marketers need to use research techniques to understand the consumer. Understanding the intent to buy, buying process and post purchase issues from a marketing perspective raises many questions and is an in-depth process. “The basic marketing concept hold’s that firms exist to satisfy consumers’ needs.” (2004, Solomon). Once that basic concept is understood, an organization can focus on key goals to achieve a competitive advantage. Marketing strategies are used to gain better understanding of the market, consumers, environment, supply and demand and competition. The behaviors of consumers such as personality, emotions, attitudes, learning style, and perception of the consumer helps companies design their marketing techniques. External influences are also need to be studied and factors such as culture and sub-culture, demographics, social status, and family structure helps understand the decision making process of the consumer’s behavior. For marketing strategy to succeed, the insight to the consumer’s decision-making process is a good starting point.…

    • 1547 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Introduction of Aeon

    • 266 Words
    • 2 Pages

    As a leading chain of General Merchandise Stores (GMS), AEON designs a constant interior refurbishment of stores to satisfy the ever changing needs and desires of consumers. The management’s acute understanding of target market needs and the provision of an optimal product-mix has also further enhanced the company’s performance. In order to cater to Malaysia’s vast middle income group, AEON’s stores are mostly situated in suburban residential areas. Besides ,AEON’s activities are guided by its unchanging ‘Customer First’ philosophy at all the times and it aims to surpass expectations by combining excellent products with unique personal services that enhance the shopping experience to make customers smile whenever they are shopping in…

    • 266 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    What Makes a Business Tick

    • 1204 Words
    • 5 Pages

    In 2012 the business world is completely different than it has ever been before. The most recent era of U.S. business, the relationship era, is focused on the business building a strong, long-term relationship with the consumer. It’s based on inspiring loyalty from the customer by managing each interaction between the business and the consumer with care and inspiring confidence in the consumer. This loyalty allows businesses to save money in the long run on advertising and other associated costs because they have a solid core of customers who make up their base. Of course there are some things that have and will always exist such as competition, innovation, and supply and demand, but there is much more to it than just that these days. The business environment is dynamic and there are critical business functions necessary to support it. In addition, individuals and systems are more integrated than ever before. And last, but not least, there are ethical and social responsibilities that have to be addressed in order to be successful. In this paper I will address all of these aspects with the intention of showing you, the reader, what it is that makes businesses tick.…

    • 1204 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Futuer Group

    • 15483 Words
    • 62 Pages

    As customer‟s tastes and preferences are changing, the market scenario is also changing from time to time. Today‟s market scenario is very different from that of the market scenario before 1990. There have been many factors responsible for the changing market scenario. It is the changing tastes and preference of customer which has bought in a change in the market. Income level of the people has changed; life styles and social class of people have completely changed now than that of olden days. There has been a shift in the market demand in today‟s world. Technology is one of the major factors which is responsible for this paradigm shift in the mark. New generation people are no more dependent on haat market and far off departmental stores. Today we can see a new era in market with the opening up of many departmental stores, hyper market, shopper‟s stop, malls, branded retail outlets and specialty stores. In today‟s world shopping is not any more tiresome work rather it‟s a pleasant outing phenomenon now.…

    • 15483 Words
    • 62 Pages
    Good Essays
  • Good Essays

    In an affluent society, men and women of all ages are interested in a comfortable shopping environment. They hope in a good social image of shop to buy their want. Watsons, the largest health and beauty retailer in the world can satisfy the…

    • 997 Words
    • 4 Pages
    Good Essays