Tiffany & Co. Brian Fenske December 1‚ 2010 Retail Management Table of Contents I. Table of Contents ………………………………………. Pg. 2 II. History…………………………………………………... Pg. 3 III. Retail Mix ……………………………………….…..... Pg. 3-5 a. Location b. Pricing c. Promotional Mix d. Merchandise Assortment e. Store Design IV. Store Visit ………………………………………………. Pg. 5 V. Competitive Advantage……………………………..…... Pg. 6 VI. Financial Performance ………………………………....
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Wal-Mart Stores‚ Inc. The goal of Walmart is to provide customers with high-quality goods at low everyday pricing. To achieving this goal‚ Walmart adopted several strategies. Walmart’s winning strategy is based on low cost‚ which relies on a logistics technique known as cross docking. Using cross docking‚ Walmart is able to received goods on one side while simultaneously filling orders on the other. This strategy reduced Walmart’s costs significantly since it reduces inventory holding costs through
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Tiffany http://www.bdc.ca/Resources%20Manager/study_2013/consumer_trends_BDC_report.pdf http://www.sbctc.ctc.edu/docs/education/workforce/environmental_scanning_trend_doc.pdf http://prezi.com/aneu_hnhouba/copy-of-copy-of-tiffany-and-co-product-presentation-the-glamazons/ http://investor.tiffany.com/overview.cfm http://investor.tiffany.com/overview.cfm http://wenku.baidu.com/link?url=wlVOIXzaSB9Q1IMEXFiySIW5RAPYvXHJQg8lnr9R44zgLgFkSZLeTtxZA3Y33qWaUBdeZSniV53Gx5wN4H4y6GVhjBy1A1VLSm9bDm66U63
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In the 21st century technology should replace traditional teaching methods in order to stimulate student engagement. As social networking becomes more and more famous and teachers have to compete with something they just don’t have the right tools to fight them with the fight is just unfair. With all the modern technology that today’s students are surrounded with their attention spans have drastically decreased and with entertainment at the touch of a button away from them it becomes very hard
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MARKETING PLAN I. Executive summary………………………………………………………………………3 A. History of Tiffany & Co……………………………………………………………....3 II. Current marketing situation ………………………………………………………………7 A. Market overview……………………………………………………………………..7 i. Market demographics and needs…………………………………………….6 ii. Market trends and target market growth…………………………………….10 B. SWOT analysis………………………………………………………………………11 i. Strengths ……………………………………………………………………
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Tiffany & Co. Overview Tiffany & Co. is a retailer‚ designer‚ manufacturer‚ and distributor of luxury fine jewelry. As of January 31st‚ 2003‚ they had 44 company-operated stores within US borders and 82 company-operated stores internationally. Fine jewelry makes up 79% of their net sales followed by other products such as timepieces‚ stationery‚ and sterling silverware. Michael J. Kowalski‚ Tiffany & Co.’s current CEO‚ has the same mission the company had when it first started in 1837:
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January 31‚ 2003‚ compared to $667‚647‚000 and 3.0:1 on January 31‚ 2002. Tiffany suffered a loss in 2001 due to economic conditions‚ especially post- September 11 results. B. Strategic Posture: From the beginning‚ it was clear that Charles Tiffany’s vision of establishing the grandest preeminent house of design and the world’s premier jewelry house‚ his vision has held true even over a century later. Mission: Tiffany is a retailer‚ designer‚ manufacturer‚ and distributor of luxury fine jewelry
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much conscious if the rival him is large. Sometimes micro environment of the various firms in an industry is almost the same. In such a case‚ response of these firms to their micro environment may differ as each firm will attempt to achieve a higher success level. The general micro environment factors are discussed below. 1. Competitors: The competitive environment consists of certain basic things which every firm has to take note of. No company‚ howsoever large it may be‚ enjoys monopoly. In the
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obvious - past vs present comparison - compare with other factors Hard work is the key to success. Does this view still hold true in the globalised world ? Interpretations : • Hard work : effort (time‚ energy‚ resources‚ determination) • Success : achievement (many areas‚ such as studies‚ work‚ business‚ sports‚ the arts‚ progress for the nation‚ peace in the region/world‚ happiness & togetherness in the family etc.) • Key : single most important factor • *** Globalised world : technology and innovation-driven
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UPS Key Success Factors: The deliveries must be on time‚ there should be accuracy by way of deliveries‚ ownership of not only the land based vehicles but also airplanes are important for success. Key success factors include safe deliveries and an excellent reputation. Recently there are key success factors related to information. Accessing the UPS website gives critical information about the whereabouts of the parcel to any customer at a low cost. Information about the merchandise‚ customers and
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