The Innovative Marketing Model of 7-Eleven: A Case Study By: Jordan Barnes MBA 6012 5/22/2015 Background and History 7-Eleven‚ Inc. operates and franchises the most recognizable chain of convenience stores in the United States and 15 other countries including‚ Canada‚ Japan‚ China‚ the Philippines‚ Australia‚ and Mexico. The 7-Eleven chain began in 1927 as an icehouse in Dallas‚ Texas by the name of the Southland Ice Company. Soon after‚ it began opening and operating stores
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1.0 Introduction 7 Eleven or also known as 7-11‚ is part of an international chain of convenience stores. 7 Eleven is the world’s largest operator‚ franchisor‚ and licensor of convenience stores with more than 50‚000 outlets. 1.1 Objective and Scope The purpose of this report is to analyze and evaluate 7 Eleven’s marketing strategies and practices to demonstrate that 7 Eleven is “marketing-oriented”. The scope of the report includes PESTEL analysis and Porter’s 5 Forces analysis to confirm its threats
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CENTER FOR INFORMATION SYSTEMS RESEARCH Sloan School of Management Massachusetts Institute of Technology Cambridge Massachusetts 7-ELEVEN Japan Co.‚ Ltd.: Reinventing the Retail Business Model Kei Nagayama and Peter Weill January 2004 CISR WP No. 338 and MIT Sloan WP No. 4485-04 2004 Massachusetts Institute of Technology. All rights reserved. Research Article: a completed research article drawing on one or more CISR research projects that presents management frameworks‚ findings and recommendations
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7 Eleven Inc. Case Study ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- 7-Eleven experienced years of success both home and abroad. In North America they were successful as a ‘typical’ convenience store selling gasoline‚ convenience items and their flagship ‘Big Gulps’ and ‘Slurppees’. While there were many 7-Eleven stores in North America‚ the dispersion of stores was not dense like
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4. Seven-Eleven does not allow direct store delivery in Japan but has all products flow through its distribution center to reduce the number of vehicles required for daily delivery service to each store‚ even though the delivery frequency of each item was quite high. At the distribution center‚ delivery of like products from different suppliers was directed into a single temperature controlled truck. Each truck made deliveries to multiple retail stores. None of the distribution centers carried any
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Gurdeep Singh Marketing 7-Eleven Nov-25-13 7-Eleven‚ Inc.‚ is the world’s largest operator‚ franchisor and licensor of convenience stores Founder : Joe C. Thompson Current CEO: Joseph De Pinto more than 43‚500 stores more than 45‚000 employees Revenue: 17‚000 billion US dollar Net income: 2‚000 billion US dollar Mission At 7-Eleven‚ we are on a mission to make life a little easier for our guests. Vision Our Vision Is to Be the Best Retailer of Convenience
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THE 7 P ’S OF MARKETING MIX 1.INTRODUCTION Marketing professionals and specialist use many tactics to attract and retain their customers. These activities comprise of different concepts‚ the most important one being the marketing mix. The marketing mix helps marketing companies to develop better strategies‚ so that the product or service they offer would target their target market accurately. When marketing a product the marketing company should have a unique selling proposition this attracts
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Seven Ps "7 Ps" redirects here. For the military adage‚ see 7 Ps (military adage). For other uses‚ see 7P (disambiguation). “Booms and Bitner (1981) describe services as having seven "Ps" [the additional three are: people‚ process‚ physical]‚ an expansion from the accepted four Ps [Product‚ Price‚ Promotion‚ Place] for products.”[1] In marketing‚ the seven Ps refer to the product‚ price‚ promotion‚ place‚ process‚ physical evidence and people that make up the marketing mix. They are an extension
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In Taiwan‚ the 7-ELEVEN is one of the most popular convenience stores. Even though there are other convenience stores‚ these stores all try to compete with 7-ELEVEN which remains the top one in the convenient store market. The first store opened in 1978 and since then has grown more than 4‚600 stores. The area of Taiwan is small‚ 13‚900 square miles‚ but Taiwan has highest density of 7-ELEVEN stores in the world‚ with stores everywhere‚ from mountains to ocean-side. There are only 23 million people
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.............. 7 c) Demographics …...................................................................................................................... 7 4. Marketing Strategies …........................................................................................................................ a) Product ….................................................................................................................................. b) Price
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