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Are You Paying Attention

Assignment 2- Prepared for the class
   A Crash Course in Creativity by
          Neeraj Kulkarni
Goal: Paying Attention

                 Six Stores

                 Experiences – Insights
                  & Opportunities




                                           2
World Market
   Background


   Offers wide variety of goods from across the
    world such as rugs, furniture, candles, dishes,
    plates and alcohol

   Offers artistic and cultural accessories

   Also famous for handmade and environmentally
    stable merchandise

   Generally known as a cheaper option to “Pier
    One”

   Generally found in a big shopping center in your
    city

                                                       3
World Market – What I Saw
                  Open Door Policy

                  Outside Sale sign shows that
                   furniture items are running
                   currently at 25% discount

                  “Look and touch” aspect with
                   clear labeling helps customers
                   to access variety of products

                  “Global Bazaar” feel with bright
                   colors and colorful displays and
                   lighting through out the store

                  Point of sales clearly displays
                   the new arrivals, current items
                   on sales, popular products for
                   the season, highly purchased
                   products etc.
                                              4
World Market – Insights/Opportunities
                     From a task driven sales force to a
                      customer driven sales force
                        - Sales reps were more busy
                           managing merchandise, putting
                           things in place, carrying things
                           than helping customers out


                     Theme centric rather than product
                      centric” approach to sales
                        - Since most customers who shop
                        here are “global curious”, an idea
                        would to convert the shopping
                        experience to themes like “Design
                        your own Japanese Kitchen” or
                        “African living room” with featured
                        items together. Such creative
                        selling approach can create unique
                        cross/up-selling opportunities 5
Harris Teeter
   Background
   Supermarket chain with presence in Southern
    States

   Started as a family run business

   Though it started as a “working class” family
    store. Now it is generally perceived as a store
    appealing to higher income families

   Famous for its VIC loyalty card and other loyalty
    card programs

   “ Your Neighborhood food Market” is a
    prominent brand slogan along with the “My
    Harris Teeter” jingle



                                                        6
Harris Teeter– What I Saw
                  Open Door Policy

                  Brightly colored sleek floors
                   with bright lighting, open
                   spaces for walking/browsing
                   and clear department signage

                  Branded departments like
                   Fisherman’s market, Farmers
                   market, Fresh Bread etc. which
                   creates an experience of
                   multiple store shopping within
                   one store


                  Point of sales clearly displays
                   the customer policies for
                   returns, complaints, refunds
                   etc. which improves brand trust
                                                7
                   and loyalty
Harris Teeter – Insights/Opportunities
                      Harris Teeter needs to reinforce the
                       belief that it is truly a neighborhood
                       food market
                         - It offers 10% discount to UVA
                            students and employees in
                            Charlottesville. However that sign
                            is displayed on a small billboard
                            on the side and needs to be
                            creatively advertised at key places
                            inside the store

                      Higher emphasis on organic and local
                       produce support

                      Not sure if the Starbucks cafe adds any
                       value to their “neighborhood” store
                       image. They would be better served
                       with local affiliations like “Shenandoah
                       Joe” in Charlottesville and other places
                                                          8
Bed Bath & Beyond (BBB)
        Background

         National retail chain focusing on merchandise
          related to bed, bathroom, dining and kitchen

         Nothing more to add… it is a boring store




                                                          9
BBB – What I Saw
             Strangely the entrance door is
              placed on the side rather than
              at the center

             Store floors and carpeting
              change randomly

             The products are labeled and
              sales/discounts are clearly
              displayed.
                - However the product
                arrangement and accessibility
                leaves a lot to be desired and
                often you need to turn sharp
                corners, bend or look way up
                to search for items

             Customer representatives are
              somewhat helpful
                                           10
BBB – Insights/Opportunities
                 More aggressive online/e-commerce
                  focus
                    - Integrating the offline and online
                    shopping experience to provide
                    convenience and variety

                 Inside the store, they should have
                  more in-store TV ads which help
                  customers see the value of the product
                  and make the shopping decision easier.

                 Currently the BBB shopping experience
                  and their brand image can be
                  described as “BORING”. They need to
                  bring some fun and exciting things
                  associated with the brand like the
                  “Space Shuttle Endeavor” stopping by
                  near its LA store

                                                    11
Barnes & Noble(B&N)
      Background

       Largest chain of book stores in the country

       Widest selection of books, magazines and other
        publishing material under one roof

       Traditionally a brick and mortar store model, it is
        now shifting to a strong digital network providing
        vast selection of books, magazines and DVD’s
        online

       Recently also came out with Nook – its digital
        ebook reader

       Biggest competitor - Amazon



                                                         12
Barnes & Noble– What I Saw
                  Dark brown wooden door
                   entrance symbolize the
                   traditional look and feel

                  Was delighted to be greeted
                   with “Welcome to Barnes &
                   Noble” greeting by the
                   customer representative at the
                   door

                  Aisles of books again provide
                   the experience similar to a
                   college library – especially
                   when you see people squatting
                   on the floor reading books

                  Well organized sections,
                   knowledgeable staff and a
                   coffee complete a great “Back
                   in College” experience
                                               13
Barnes & Noble– Insights/Opportunities
                     Aggressive online, social and mobile
                      experience especially to the online, tech
                      savvy millennials

                     Unlike the shopping process in Amazon,
                      people can actually read(sample) a few
                      pages/chapters in the store. This is a big
                      advantage which enables the customers
                      to be happy(loyal) and cuts down the
                      returns. Needs to be highlighted in ads.

                     The café, collegial reading/learning
                      atmosphere provides the intangible value
                      of people re-living their college
                      experience. Emphasize it!!

                     B&N does not advertise extensively its
                      book clubs and in-store readings. But that
                      is something Amazon cant really compete
                      on and can create enormous social
                      currency for B&N                    14
Plow & Hearth
   Background

    Major Retailer focusing on furniture, home
     furnishings, lawn and garden accessories

    Famous for its hearth and fire place accessories

    Traditionally a big player in catalogue and mail
     order sales, it is also getting more aggressive
     online




                                                        15
Plow & Hearth – What I Saw
                  White doors, American flags on
                   certain products and traditional
                   décor inside and outside the
                   store
                      - warm colors emphasize the
                     feeling of comfort and good
                     living

                  Friendly customer service
                   representatives

                  Cluttered floor space. You really
                   need to be in a “Search and
                   Discover” shopping mood here

                  People often sit outside in their
                   rocker chairs, lounges and
                   benches to relax which is a
                   great promotional talking point
                                               16
Plow & Hearth – Insights/Opportunities
                    Randomly kept furniture items makes a
                     difficult shopping experience especially
                     when people are looking for convenience
                     and orderly shopping experience (e.g.
                     competitors like Crate and Barrel, IKEA,
                     Pottery Barn)

                    Great collection for higher end comfort
                     shoes – a big selling point and not
                     commonly known or advertised much!!




                                                        17
Blue Ridge Mountain Sports (BRMS)
                Background



             High end Outdoor equipment retailer with
              regional foot print

             Opened its first store in the city that I currently
              reside – Charlottesville, VA

             11 select locations in VA, TN and NJ

             Serves the performance needs for the local
              outdoor enthusiasts and adventurers




                                                                    18
BRMS – What I Saw
             Bright prominent signage, nice
              floors and fancy displays
              definitely draw your attention
              from the outside

             Big high performance brands
              like Patagonia, North face,
              Mountain Hardware, ArcTeryx
              etc. are available

             Well lit, well laid-out, clear
              labeling associated with
              assurances of high
              performance, high quality
              products

             Highly knowledgeable staff who
              will help you in product
              selection and share personal
              experiences
                                           19
BRMS – Insights/Opportunities
                Actively manage the loyal community of
                 hikers, bikers, runners and music lovers
                 which are great brand ambassadors of
                 the store
                    - No loyalty card or a comprehensive
                   email/social/mobile program to tap
                   into the their loyal store customers and
                   also attend their various music shows
                   and events


                Point of Sales leaves a lot to be desired
                 with no reference to their new arrivals,
                 featured products, discounted items or
                 any brand communication related
                 material




                                                      20

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Are you paying attention

  • 1. Are You Paying Attention Assignment 2- Prepared for the class A Crash Course in Creativity by Neeraj Kulkarni
  • 2. Goal: Paying Attention  Six Stores  Experiences – Insights & Opportunities 2
  • 3. World Market Background  Offers wide variety of goods from across the world such as rugs, furniture, candles, dishes, plates and alcohol  Offers artistic and cultural accessories  Also famous for handmade and environmentally stable merchandise  Generally known as a cheaper option to “Pier One”  Generally found in a big shopping center in your city 3
  • 4. World Market – What I Saw  Open Door Policy  Outside Sale sign shows that furniture items are running currently at 25% discount  “Look and touch” aspect with clear labeling helps customers to access variety of products  “Global Bazaar” feel with bright colors and colorful displays and lighting through out the store  Point of sales clearly displays the new arrivals, current items on sales, popular products for the season, highly purchased products etc. 4
  • 5. World Market – Insights/Opportunities  From a task driven sales force to a customer driven sales force - Sales reps were more busy managing merchandise, putting things in place, carrying things than helping customers out  Theme centric rather than product centric” approach to sales - Since most customers who shop here are “global curious”, an idea would to convert the shopping experience to themes like “Design your own Japanese Kitchen” or “African living room” with featured items together. Such creative selling approach can create unique cross/up-selling opportunities 5
  • 6. Harris Teeter Background  Supermarket chain with presence in Southern States  Started as a family run business  Though it started as a “working class” family store. Now it is generally perceived as a store appealing to higher income families  Famous for its VIC loyalty card and other loyalty card programs  “ Your Neighborhood food Market” is a prominent brand slogan along with the “My Harris Teeter” jingle 6
  • 7. Harris Teeter– What I Saw  Open Door Policy  Brightly colored sleek floors with bright lighting, open spaces for walking/browsing and clear department signage  Branded departments like Fisherman’s market, Farmers market, Fresh Bread etc. which creates an experience of multiple store shopping within one store  Point of sales clearly displays the customer policies for returns, complaints, refunds etc. which improves brand trust 7 and loyalty
  • 8. Harris Teeter – Insights/Opportunities  Harris Teeter needs to reinforce the belief that it is truly a neighborhood food market - It offers 10% discount to UVA students and employees in Charlottesville. However that sign is displayed on a small billboard on the side and needs to be creatively advertised at key places inside the store  Higher emphasis on organic and local produce support  Not sure if the Starbucks cafe adds any value to their “neighborhood” store image. They would be better served with local affiliations like “Shenandoah Joe” in Charlottesville and other places 8
  • 9. Bed Bath & Beyond (BBB) Background  National retail chain focusing on merchandise related to bed, bathroom, dining and kitchen  Nothing more to add… it is a boring store 9
  • 10. BBB – What I Saw  Strangely the entrance door is placed on the side rather than at the center  Store floors and carpeting change randomly  The products are labeled and sales/discounts are clearly displayed. - However the product arrangement and accessibility leaves a lot to be desired and often you need to turn sharp corners, bend or look way up to search for items  Customer representatives are somewhat helpful 10
  • 11. BBB – Insights/Opportunities  More aggressive online/e-commerce focus - Integrating the offline and online shopping experience to provide convenience and variety  Inside the store, they should have more in-store TV ads which help customers see the value of the product and make the shopping decision easier.  Currently the BBB shopping experience and their brand image can be described as “BORING”. They need to bring some fun and exciting things associated with the brand like the “Space Shuttle Endeavor” stopping by near its LA store 11
  • 12. Barnes & Noble(B&N) Background  Largest chain of book stores in the country  Widest selection of books, magazines and other publishing material under one roof  Traditionally a brick and mortar store model, it is now shifting to a strong digital network providing vast selection of books, magazines and DVD’s online  Recently also came out with Nook – its digital ebook reader  Biggest competitor - Amazon 12
  • 13. Barnes & Noble– What I Saw  Dark brown wooden door entrance symbolize the traditional look and feel  Was delighted to be greeted with “Welcome to Barnes & Noble” greeting by the customer representative at the door  Aisles of books again provide the experience similar to a college library – especially when you see people squatting on the floor reading books  Well organized sections, knowledgeable staff and a coffee complete a great “Back in College” experience 13
  • 14. Barnes & Noble– Insights/Opportunities  Aggressive online, social and mobile experience especially to the online, tech savvy millennials  Unlike the shopping process in Amazon, people can actually read(sample) a few pages/chapters in the store. This is a big advantage which enables the customers to be happy(loyal) and cuts down the returns. Needs to be highlighted in ads.  The café, collegial reading/learning atmosphere provides the intangible value of people re-living their college experience. Emphasize it!!  B&N does not advertise extensively its book clubs and in-store readings. But that is something Amazon cant really compete on and can create enormous social currency for B&N 14
  • 15. Plow & Hearth Background  Major Retailer focusing on furniture, home furnishings, lawn and garden accessories  Famous for its hearth and fire place accessories  Traditionally a big player in catalogue and mail order sales, it is also getting more aggressive online 15
  • 16. Plow & Hearth – What I Saw  White doors, American flags on certain products and traditional décor inside and outside the store - warm colors emphasize the feeling of comfort and good living  Friendly customer service representatives  Cluttered floor space. You really need to be in a “Search and Discover” shopping mood here  People often sit outside in their rocker chairs, lounges and benches to relax which is a great promotional talking point 16
  • 17. Plow & Hearth – Insights/Opportunities  Randomly kept furniture items makes a difficult shopping experience especially when people are looking for convenience and orderly shopping experience (e.g. competitors like Crate and Barrel, IKEA, Pottery Barn)  Great collection for higher end comfort shoes – a big selling point and not commonly known or advertised much!! 17
  • 18. Blue Ridge Mountain Sports (BRMS) Background  High end Outdoor equipment retailer with regional foot print  Opened its first store in the city that I currently reside – Charlottesville, VA  11 select locations in VA, TN and NJ  Serves the performance needs for the local outdoor enthusiasts and adventurers 18
  • 19. BRMS – What I Saw  Bright prominent signage, nice floors and fancy displays definitely draw your attention from the outside  Big high performance brands like Patagonia, North face, Mountain Hardware, ArcTeryx etc. are available  Well lit, well laid-out, clear labeling associated with assurances of high performance, high quality products  Highly knowledgeable staff who will help you in product selection and share personal experiences 19
  • 20. BRMS – Insights/Opportunities  Actively manage the loyal community of hikers, bikers, runners and music lovers which are great brand ambassadors of the store - No loyalty card or a comprehensive email/social/mobile program to tap into the their loyal store customers and also attend their various music shows and events  Point of Sales leaves a lot to be desired with no reference to their new arrivals, featured products, discounted items or any brand communication related material 20