This document outlines a strategy for Target to obtain market saturation of growing minority consumer groups in the US. It analyzes Target's strengths and weaknesses, as well as opportunities and threats. The recommended strategy is a localization integration approach, customizing products, marketing, and store environments to specific minority communities. Target would first implement this approach in California, Florida, and Texas, then expand nationally. Financial projections estimate the strategy could generate over $14 million in net present value.
Target Corporate Sustainability & Organic Product Line Campaign ProposalTanner Caputo
This project for my advertising course was centered around creating an fictional advertising campaign proposal for Target. The goal was to promote both corporate sustainability practices as well as the launch of the new Target-branded organic product line. In the proposal, we identified the audience; noted the campaign strengths, weaknesses, & threats; provided sample radio copy and other marketing samples; and suggested an ideal media calendar for scheduling marketing efforts.
The document outlines Target's crisis communication campaign in response to a 2013 data breach. It provides background on Target as a company, describes their typical consumers, and analyzes Target's strengths, weaknesses, opportunities, and threats. Key points include Target's history and focus on corporate social responsibility, the scale of the 2013 data breach affecting over 40 million customers, and opportunities for Target to expand their online and grocery offerings.
The document provides recommendations to help Target improve its cross-channel shopping experience. It recommends implementing a customer loyalty program, installing kiosks in stores, improving the website aesthetics, adding a local store view to the website, enhancing customer service through instant messaging, improving employee knowledge, promoting the website through various channels, and integrating the supply chain. A SWOT analysis is provided before and after the recommendations.
We are Prestige Worldwide, a group of consultants who have constructed a strategic analysis for Target Corporation. The report includes an industry analysis using PESTEL and Porter's Five Forces which found the industry is rated 2.5 stars with high rivalry being the largest factor. An internal analysis of Target found they have core competencies in their brand image, consumer loyalty, and guest experience. The report also includes a financial analysis and recommends a partnership between Target and La-Z-Boy to create furniture showrooms in Target stores, which projects a positive NPV of $14.2 million and 89% IRR.
This PowerPoint examines the corporate structure of Target in a strategic manor. See how it compares to its competitors and why it is one of the leading retailers in today's society.
The document describes a team proposing the Maya SmartCart for testing at a Target store. The Maya SmartCart would personalize the shopping experience for customers and incentivize the use of Target's REDcard. This would improve customer satisfaction while also providing Target with valuable customer data. The team recommends providing 70 Maya SmartCarts at a Target store in Charlotte, North Carolina to pilot the new shopping cart system.
Group 7 Final: Target to Expand Internationally to Mexico (final draft) Kenneth Griffith
Target is considering expanding internationally into Mexico. Target has a long history in the US dating back to 1902 and currently operates 1,778 stores across 48 states. Mexico represents a potential growth opportunity due to increasing demand, lower costs, and a skilled workforce. However, Target must consider Mexico's political environment and cultural differences regarding issues like power distance and uncertainty avoidance to ensure success.
Target Corporation expanded into Canada in 2013 by acquiring leases for 189 former Zellers stores. However, Target Canada struggled with high prices, failing to understand Canadian consumers, and not retaining many previous Zellers employees. While the US and Canada share cultural similarities, key differences like employee benefits laws posed challenges for Target's expansion. Target ultimately struggled to meet customer expectations in Canada and exited the Canadian market in 2015.
Target Corporate Sustainability & Organic Product Line Campaign ProposalTanner Caputo
This project for my advertising course was centered around creating an fictional advertising campaign proposal for Target. The goal was to promote both corporate sustainability practices as well as the launch of the new Target-branded organic product line. In the proposal, we identified the audience; noted the campaign strengths, weaknesses, & threats; provided sample radio copy and other marketing samples; and suggested an ideal media calendar for scheduling marketing efforts.
The document outlines Target's crisis communication campaign in response to a 2013 data breach. It provides background on Target as a company, describes their typical consumers, and analyzes Target's strengths, weaknesses, opportunities, and threats. Key points include Target's history and focus on corporate social responsibility, the scale of the 2013 data breach affecting over 40 million customers, and opportunities for Target to expand their online and grocery offerings.
The document provides recommendations to help Target improve its cross-channel shopping experience. It recommends implementing a customer loyalty program, installing kiosks in stores, improving the website aesthetics, adding a local store view to the website, enhancing customer service through instant messaging, improving employee knowledge, promoting the website through various channels, and integrating the supply chain. A SWOT analysis is provided before and after the recommendations.
We are Prestige Worldwide, a group of consultants who have constructed a strategic analysis for Target Corporation. The report includes an industry analysis using PESTEL and Porter's Five Forces which found the industry is rated 2.5 stars with high rivalry being the largest factor. An internal analysis of Target found they have core competencies in their brand image, consumer loyalty, and guest experience. The report also includes a financial analysis and recommends a partnership between Target and La-Z-Boy to create furniture showrooms in Target stores, which projects a positive NPV of $14.2 million and 89% IRR.
This PowerPoint examines the corporate structure of Target in a strategic manor. See how it compares to its competitors and why it is one of the leading retailers in today's society.
The document describes a team proposing the Maya SmartCart for testing at a Target store. The Maya SmartCart would personalize the shopping experience for customers and incentivize the use of Target's REDcard. This would improve customer satisfaction while also providing Target with valuable customer data. The team recommends providing 70 Maya SmartCarts at a Target store in Charlotte, North Carolina to pilot the new shopping cart system.
Group 7 Final: Target to Expand Internationally to Mexico (final draft) Kenneth Griffith
Target is considering expanding internationally into Mexico. Target has a long history in the US dating back to 1902 and currently operates 1,778 stores across 48 states. Mexico represents a potential growth opportunity due to increasing demand, lower costs, and a skilled workforce. However, Target must consider Mexico's political environment and cultural differences regarding issues like power distance and uncertainty avoidance to ensure success.
Target Corporation expanded into Canada in 2013 by acquiring leases for 189 former Zellers stores. However, Target Canada struggled with high prices, failing to understand Canadian consumers, and not retaining many previous Zellers employees. While the US and Canada share cultural similarities, key differences like employee benefits laws posed challenges for Target's expansion. Target ultimately struggled to meet customer expectations in Canada and exited the Canadian market in 2015.
Target Corporation Consulting Project - Growth through acquisition. Interim report.
University of Michigan, Ross School of Business, MO 470, Winter 2015.
Target Corporation is a major retailer with 350,000 employees and $65 billion in annual sales across 1,767 stores. It has a diverse customer base with a median household income of $64,000 and 57% of customers being college graduates. Target focuses on providing great value, being a good community partner, and offering a diverse range of products while continuously innovating and ensuring an exceptional shopping experience for its customers.
Target uses social media to foster connections with customers and tell its brand story in a non-promotional way. It has strengths like its online magazine and creative social programs, but faced weaknesses in not promptly responding to customer complaints. Opportunities include growing loyalty and driving store traffic, while threats include stronger engagement by competitor Walmart through more frequent, interest-based posting. Target's strategy aims to segment audiences across multiple platforms like Facebook, Twitter and Pinterest.
Target Communication Case Study - SWOT AnalysisKiah Simmons
Target developed a fully recyclable gift card made from polypropylene plastic to promote environmental awareness. Donating 5% of card sales to the Humane Society would garner support from pet owners and further establish Target as caring about communities and consumers. The marketing slogan "Good for the Earth, Good for the Community, Good for Yourself" highlights the card's environmental and charitable benefits as well as consumer satisfaction.
Target uses various social media platforms like Facebook, Twitter, Pinterest, YouTube, and Instagram to increase brand awareness and engage with customers. It posts about products, sales, and responds to customer complaints. While Target has an active social media presence, it could improve engagement by using more interactive posts and increasing YouTube content. The company also lacks unified branding across some location-specific Facebook pages.
Target Corporation is a large discount retailer founded in 1902 with over 1,700 stores nationwide. Target's mission is to be their customers' preferred shopping destination by delivering outstanding value, innovation, and exceptional experiences. Target prides itself on its commitment to customers, community, diversity, and the environment. Target aims to foster an inclusive corporate culture where employees feel valued and empowered. Target competes against retailers like Walmart and Amazon and has maintained financial growth in recent years, though some deterioration in profit margins occurred after a 2013 data breach. Target's target demographic is middle-class individuals with a household income around $64,000 who value quality, trust, and value.
The document presents a marketing strategy proposal for Target's Threshold home goods brand. A team of 4 students analyzes Target and Threshold brand facts, the target market, competitive brands, and current SWOT analysis. They propose 3 implementations: 1) "Think Thresh" augmented reality for virtual product placement, 2) celebrity spokespersons and television product placements, and 3) coordinated in-store Threshold displays. An "After" SWOT analysis and to-do list are also included. The proposal aims to super-charge Threshold's profit and brand equity through interactive shopping experiences, social media presence, and increased brand awareness.
The document provides a history of Target Corporation from its founding in 1902 to the present. It discusses key events and leaders over time. An internal analysis then examines Target's leadership, corporate culture, finance, operations, human resources, and marketing functions. The external analysis section introduces the competitive retail industry environment. The document aims to identify opportunities for Target to leverage new forms of sustainable competitive advantage.
Target Stores is a major discount retail chain operating over 1,600 stores across the United States. [1] It differentiated itself from competitors by offering trendy merchandise at affordable prices in a clean and attractive store environment. [2] Target's positioning and branding focused on providing an upscale shopping experience at discount prices through innovative merchandising strategies that anticipated customer trends. [3]
Target Corporation is a large American retailer operating general merchandise and food discount stores across the United States. It generates sales from retail stores and credit cards. In 2009, Target had over 1,700 stores and $63 billion in retail sales. It is a major competitor to Walmart and Kmart. Target provides benefits like health insurance, retirement plans, and discounts to employees. The company aims to deliver value and innovation to customers through a clean and customer-friendly shopping experience.
Wal Mart Vs Target retail retailing rajnish kumar itc limitedrajnish kumar
Target positions itself as a more upscale discount retailer compared to competitors like Walmart and Kmart. It offers trendy, high-quality merchandise at low prices. Target stores average around 100,000 square feet and carry clothing, home goods, electronics, toys, and limited groceries. The stores emphasize clean and organized displays to create a pleasant shopping experience for Target's core customers of younger, more educated women with household incomes around $58,000.
Target Corporation is a large American retailer that offers everyday essentials and fashion items at discounted prices through its network of stores across the US and Canada. The document analyzes Target's business objectives for 2013 which included expanding internationally, increasing sales and earnings, investing in sustainability initiatives, and enhancing their digital platforms and loyalty programs. It also reviews Target's financial performance, product categories, pricing strategies, and competitive analysis against main rivals Walmart and Sears.
Target Corporation began in 1902 as Dayton Dry Goods Company, a department store in Minneapolis. It opened its first Target discount store in 1962, adopting a discount retail model. Target now operates over 1,500 stores across the United States, with its signature bullseye logo recognized by 96% of Americans. It focuses on offering quality products at low prices, while also prioritizing corporate social responsibility through community initiatives and environmental sustainability. Target maintains a stable financial performance with over $60 billion in annual revenues.
Target Corporation is a major American retailer that offers discounted everyday and fashionable merchandise. It uses an integrated cost leadership and differentiation strategy to provide value to customers. Target differentiates itself from competitors like Walmart by marketing itself as "cheap chic" and bringing trends to stores faster. While Walmart is seen as a discount superstore, Target enforces a brand of quality products and high-end affordability. During the economic recession, Target emphasized value more through messages like "Fresh for Less" to address falling sales.
This Public Relations Plan was developed for a class that was part of West Virginia University's Integrated Marketing Communications Master's degree program.
TARGET: from "expect more" to "pay less"Saira Khalil
1. The document discusses how both micro and macro environmental factors affected Target's performance in recent years. At the micro level, competitors like Walmart offered lower prices, while customers had less disposable income due to economic recession. Target adapted by shifting to focus on lower prices through redesigning products and promoting store brands.
2. Macro factors like the global recession reduced consumer spending. High unemployment and lower wages meant people were reluctant to spend beyond budget limits. Target's "Pay Less" strategy helped stabilize sales and prevent bankruptcy during this difficult economic period.
3. The document recommends Target reduce inventory while increasing product variety to create artificial scarcity. It also suggests promotional efforts rely more on celebrity endorsements than ordinary people
This document discusses strategies for Target to improve its omnichannel and flexible fulfillment capabilities. It proposes:
1. Consolidating Target's six apps into two apps to provide a more seamless customer experience.
2. Implementing mobile point-of-sale technology to allow sales associates to help customers on mobile devices and improve checkout times.
3. Launching an omnichannel marketing campaign utilizing social media and radio to increase customer awareness of Target's omnichannel and flexible fulfillment options.
Wilson Perumal & Company analyzed key trends shaping the grocery retail industry. Five trends were discussed: 1) Demographic shifts require extensive localization from retailers; 2) Online grocery sales are growing rapidly, creating opportunities and challenges around omni-channel integration; 3) Traditional promotional strategies are becoming less effective at driving sales lifts, increasing the need for promotional innovation and efficiency; 4) Personalized customer experiences and direct communication are becoming expected as consumers are accustomed to "free" extras; 5) Contraction of large grocery chains requires an updated operating model. The document provides perspectives on these trends and their implications for grocery retailers.
The D&I Value Proposition: How do Outstanding Diversity and Inclusion leaders create the right brand and image?
As leaders in diversity, we are challenged to educate, energize, and excite our organization around diversity initiatives. These initiatives build the foundation of creativity, innovation, and transformative results. Diversity and Inclusion leaders are key players on the executive leadership team with the specific responsibility for ensuring that human resources are honored, embraced, and ready to contribute great value. Diversity and Inclusion leaders are trusted advisors that fundamentally create strategies that result in corporate cultural transformations to effectively support the mission and vision of the organization. To continue to be successful and safeguard the great work and efforts of those before you, you must create a brand and image that reflects high integrity and strong leadership capacity. This workshop will arm you with the skills you need to change your leadership image and effectively function as a vital part of the leadership vision.
Learning Outcomes: This seminar is designed to explore career and professional development opportunities in diversity and inclusion
At the end of this seminar, participants will be able to:
a) Explore strategies for building the right brand and image
b) Examine what it means to transform organizational culture
c) Create a personal plan for excellence in diversity and inclusion leadership
d) Explore business challenges that impact diversity and inclusion leaders
The document discusses the importance of organizations having a clear diversity and inclusion strategic plan with objectives, goals, and defined roles and responsibilities. It notes that such a plan should include actions for increasing workforce diversity and honoring inclusion sustainably. The plan should also help achieve organizational mission objectives. Without a well-defined strategic plan with efficient roles, a diversity plan will likely be inefficient and not strategic.
Target Corporation Consulting Project - Growth through acquisition. Interim report.
University of Michigan, Ross School of Business, MO 470, Winter 2015.
Target Corporation is a major retailer with 350,000 employees and $65 billion in annual sales across 1,767 stores. It has a diverse customer base with a median household income of $64,000 and 57% of customers being college graduates. Target focuses on providing great value, being a good community partner, and offering a diverse range of products while continuously innovating and ensuring an exceptional shopping experience for its customers.
Target uses social media to foster connections with customers and tell its brand story in a non-promotional way. It has strengths like its online magazine and creative social programs, but faced weaknesses in not promptly responding to customer complaints. Opportunities include growing loyalty and driving store traffic, while threats include stronger engagement by competitor Walmart through more frequent, interest-based posting. Target's strategy aims to segment audiences across multiple platforms like Facebook, Twitter and Pinterest.
Target Communication Case Study - SWOT AnalysisKiah Simmons
Target developed a fully recyclable gift card made from polypropylene plastic to promote environmental awareness. Donating 5% of card sales to the Humane Society would garner support from pet owners and further establish Target as caring about communities and consumers. The marketing slogan "Good for the Earth, Good for the Community, Good for Yourself" highlights the card's environmental and charitable benefits as well as consumer satisfaction.
Target uses various social media platforms like Facebook, Twitter, Pinterest, YouTube, and Instagram to increase brand awareness and engage with customers. It posts about products, sales, and responds to customer complaints. While Target has an active social media presence, it could improve engagement by using more interactive posts and increasing YouTube content. The company also lacks unified branding across some location-specific Facebook pages.
Target Corporation is a large discount retailer founded in 1902 with over 1,700 stores nationwide. Target's mission is to be their customers' preferred shopping destination by delivering outstanding value, innovation, and exceptional experiences. Target prides itself on its commitment to customers, community, diversity, and the environment. Target aims to foster an inclusive corporate culture where employees feel valued and empowered. Target competes against retailers like Walmart and Amazon and has maintained financial growth in recent years, though some deterioration in profit margins occurred after a 2013 data breach. Target's target demographic is middle-class individuals with a household income around $64,000 who value quality, trust, and value.
The document presents a marketing strategy proposal for Target's Threshold home goods brand. A team of 4 students analyzes Target and Threshold brand facts, the target market, competitive brands, and current SWOT analysis. They propose 3 implementations: 1) "Think Thresh" augmented reality for virtual product placement, 2) celebrity spokespersons and television product placements, and 3) coordinated in-store Threshold displays. An "After" SWOT analysis and to-do list are also included. The proposal aims to super-charge Threshold's profit and brand equity through interactive shopping experiences, social media presence, and increased brand awareness.
The document provides a history of Target Corporation from its founding in 1902 to the present. It discusses key events and leaders over time. An internal analysis then examines Target's leadership, corporate culture, finance, operations, human resources, and marketing functions. The external analysis section introduces the competitive retail industry environment. The document aims to identify opportunities for Target to leverage new forms of sustainable competitive advantage.
Target Stores is a major discount retail chain operating over 1,600 stores across the United States. [1] It differentiated itself from competitors by offering trendy merchandise at affordable prices in a clean and attractive store environment. [2] Target's positioning and branding focused on providing an upscale shopping experience at discount prices through innovative merchandising strategies that anticipated customer trends. [3]
Target Corporation is a large American retailer operating general merchandise and food discount stores across the United States. It generates sales from retail stores and credit cards. In 2009, Target had over 1,700 stores and $63 billion in retail sales. It is a major competitor to Walmart and Kmart. Target provides benefits like health insurance, retirement plans, and discounts to employees. The company aims to deliver value and innovation to customers through a clean and customer-friendly shopping experience.
Wal Mart Vs Target retail retailing rajnish kumar itc limitedrajnish kumar
Target positions itself as a more upscale discount retailer compared to competitors like Walmart and Kmart. It offers trendy, high-quality merchandise at low prices. Target stores average around 100,000 square feet and carry clothing, home goods, electronics, toys, and limited groceries. The stores emphasize clean and organized displays to create a pleasant shopping experience for Target's core customers of younger, more educated women with household incomes around $58,000.
Target Corporation is a large American retailer that offers everyday essentials and fashion items at discounted prices through its network of stores across the US and Canada. The document analyzes Target's business objectives for 2013 which included expanding internationally, increasing sales and earnings, investing in sustainability initiatives, and enhancing their digital platforms and loyalty programs. It also reviews Target's financial performance, product categories, pricing strategies, and competitive analysis against main rivals Walmart and Sears.
Target Corporation began in 1902 as Dayton Dry Goods Company, a department store in Minneapolis. It opened its first Target discount store in 1962, adopting a discount retail model. Target now operates over 1,500 stores across the United States, with its signature bullseye logo recognized by 96% of Americans. It focuses on offering quality products at low prices, while also prioritizing corporate social responsibility through community initiatives and environmental sustainability. Target maintains a stable financial performance with over $60 billion in annual revenues.
Target Corporation is a major American retailer that offers discounted everyday and fashionable merchandise. It uses an integrated cost leadership and differentiation strategy to provide value to customers. Target differentiates itself from competitors like Walmart by marketing itself as "cheap chic" and bringing trends to stores faster. While Walmart is seen as a discount superstore, Target enforces a brand of quality products and high-end affordability. During the economic recession, Target emphasized value more through messages like "Fresh for Less" to address falling sales.
This Public Relations Plan was developed for a class that was part of West Virginia University's Integrated Marketing Communications Master's degree program.
TARGET: from "expect more" to "pay less"Saira Khalil
1. The document discusses how both micro and macro environmental factors affected Target's performance in recent years. At the micro level, competitors like Walmart offered lower prices, while customers had less disposable income due to economic recession. Target adapted by shifting to focus on lower prices through redesigning products and promoting store brands.
2. Macro factors like the global recession reduced consumer spending. High unemployment and lower wages meant people were reluctant to spend beyond budget limits. Target's "Pay Less" strategy helped stabilize sales and prevent bankruptcy during this difficult economic period.
3. The document recommends Target reduce inventory while increasing product variety to create artificial scarcity. It also suggests promotional efforts rely more on celebrity endorsements than ordinary people
This document discusses strategies for Target to improve its omnichannel and flexible fulfillment capabilities. It proposes:
1. Consolidating Target's six apps into two apps to provide a more seamless customer experience.
2. Implementing mobile point-of-sale technology to allow sales associates to help customers on mobile devices and improve checkout times.
3. Launching an omnichannel marketing campaign utilizing social media and radio to increase customer awareness of Target's omnichannel and flexible fulfillment options.
Wilson Perumal & Company analyzed key trends shaping the grocery retail industry. Five trends were discussed: 1) Demographic shifts require extensive localization from retailers; 2) Online grocery sales are growing rapidly, creating opportunities and challenges around omni-channel integration; 3) Traditional promotional strategies are becoming less effective at driving sales lifts, increasing the need for promotional innovation and efficiency; 4) Personalized customer experiences and direct communication are becoming expected as consumers are accustomed to "free" extras; 5) Contraction of large grocery chains requires an updated operating model. The document provides perspectives on these trends and their implications for grocery retailers.
The D&I Value Proposition: How do Outstanding Diversity and Inclusion leaders create the right brand and image?
As leaders in diversity, we are challenged to educate, energize, and excite our organization around diversity initiatives. These initiatives build the foundation of creativity, innovation, and transformative results. Diversity and Inclusion leaders are key players on the executive leadership team with the specific responsibility for ensuring that human resources are honored, embraced, and ready to contribute great value. Diversity and Inclusion leaders are trusted advisors that fundamentally create strategies that result in corporate cultural transformations to effectively support the mission and vision of the organization. To continue to be successful and safeguard the great work and efforts of those before you, you must create a brand and image that reflects high integrity and strong leadership capacity. This workshop will arm you with the skills you need to change your leadership image and effectively function as a vital part of the leadership vision.
Learning Outcomes: This seminar is designed to explore career and professional development opportunities in diversity and inclusion
At the end of this seminar, participants will be able to:
a) Explore strategies for building the right brand and image
b) Examine what it means to transform organizational culture
c) Create a personal plan for excellence in diversity and inclusion leadership
d) Explore business challenges that impact diversity and inclusion leaders
The document discusses the importance of organizations having a clear diversity and inclusion strategic plan with objectives, goals, and defined roles and responsibilities. It notes that such a plan should include actions for increasing workforce diversity and honoring inclusion sustainably. The plan should also help achieve organizational mission objectives. Without a well-defined strategic plan with efficient roles, a diversity plan will likely be inefficient and not strategic.
Asoka was born in 304 BC as the son of the Mauryan emperor Bindusara. He received military training and was known as a fierce warrior. When Asoka became emperor, he embarked on a series of bloody wars, including the Kalinga war of 260 BC. The death and suffering he witnessed led him to convert to Buddhism. He promoted Buddhist teachings of nonviolence and compassion, abolishing animal slaughter and establishing protections for wildlife. Asoka built universities, treated all people equally regardless of religion or caste, and established himself as a just and beloved leader known as "Asoka the Great."
The document discusses Ashoka and his Dhamma (teachings). It provides context on Brahmanical religion and its impact, including the rise of Buddhism in reaction to Brahmanical practices. It then outlines aspects of Ashoka's Dhamma based on his edicts, including his promotion of Dhamma Mahamatras to spread his message, emphasis on qualities like liberty and truthfulness, and policy of non-violence including prohibiting animal slaughter for religious purposes. The conclusion emphasizes how Buddhism reacted against Vedic religion and how Ashoka's Dhamma promoted morality and peace.
The Indus Valley Civilization was one of the earliest urban civilizations in the world, located along the Indus River valley in what is now Pakistan and northwest India from 3300-1300 BCE. Some key points about this civilization include that it developed from nomadic settlers who established agricultural cities like Mohenjo-Daro and Harappa along the Indus River, which had advanced architecture made of standardized baked bricks. While the civilization remains not fully understood, aspects of its urban planning, trade, and religion are evident from archaeological findings.
The Mauryan Empire And The Spread Of Buddhismstmarksgreen
1) The Mauryan Empire was founded in 321 BCE by Chandragupta Maurya and encompassed most of northern India, with its capital at Pataliputra.
2) Emperor Ashoka, the grandson of Chandragupta, began his reign as a ruthless conqueror but converted to Buddhism after a bloody battle in Kalinga in 262 BCE, profoundly shaping the empire.
3) Ashoka promoted Buddhism throughout India and sent emissaries abroad spreading Buddhist teachings, as documented on the Edicts of Ashoka carved on pillars and cave walls across the subcontinent.
King Ashoka ruled the Mauryan Empire in the 3rd century BC and was one of India's greatest emperors. After conquering the kingdom of Kalinga, Ashoka witnessed tremendous bloodshed and suffering, which led him to adopt Buddhism. He propagated Buddhism throughout his empire and beyond, sending missionaries as far as Greece, Egypt, and Sri Lanka. Ashoka issued edicts emphasizing moral governance, nonviolence, and compassion. Though initially a conqueror, Ashoka came to regret war and dedicated his life to peace, ethics, and spreading the teachings of the Buddha.
Ashoka was an emperor of the Mauryan Dynasty who ruled most of northern and central India from 268 to 232 BCE. After conquering the kingdom of Kalinga in a brutal war, Ashoka converted to Buddhism and renounced violence, instead following a policy of non-violence, tolerance, and respect. He erected pillars with edicts promoting dharma and established hospitals, rest houses, roads, and wells across his empire. The Mauryan Empire had a large administrative structure and military to govern its vast territories during Ashoka's reign.
Emperor Ashoka of the Mauryan Dynasty launched a war against the unconquered state of Kalinga in the 12th year of his reign after they refused to submit to his rule. The battle, which took place along the Daya River and at Dhauli Hill, turned the whole of Kalinga into a brutal battlefield. Over 100,000 Kalingans lost their lives and 150,000 more were injured, while an equal number of Mauryan soldiers also perished. After witnessing the massive bloodshed and devastated families, Ashoka embraced Buddhism and rebuilt his empire based on principles of peace and harmony, establishing the concept of Dhammavijaya or victory through Dharma.
The document summarizes the history of Indian civilization from ancient times to the establishment of empires. It describes the Indus Valley civilization including the cities of Harappa and Mohenjo-Daro. The Aryans later invaded and their Vedic period saw the development of Sanskrit and the Vedas. Major empires included the Mauryan Empire under Ashoka, the Gupta Empire which was a period of cultural flourishing, and the Mughal Empire which ruled in the 16th century. Key contributions of Indian civilization included urban planning, major religions, mathematics, and architectural achievements.
The document provides an overview of the development of civilization in India. It summarizes that the Indus Valley was the site of early river valley civilizations, including the cities of Harappa and Mohenjo-Daro. The Aryans later brought Sanskrit to India. Religious literature from this period includes the Vedas and Upanishads. Hinduism and the caste system emerged, influencing society. Buddhism and Jainism also developed as religious traditions. Several empires rose and fell over time, including the Mauryan, Gupta, and Mughal empires, with cultural and economic achievements during periods of stability and prosperity.
The document discusses the 1968 Olympics in Mexico City where Tommie Smith and John Carlos conducted a protest on the medal podium. During the medal ceremony for the 200m event, Smith won gold and Carlos won bronze. They each raised a black-gloved fist and bowed their heads in a Black Power salute to protest racism in the US. They wore black socks with no shoes to represent black poverty. Their protest brought attention to civil rights issues and they were suspended from the US team for bringing politics into the Olympics. Their actions were widely viewed and helped spread awareness of ongoing struggles for racial equality and justice.
Phases of Harappan Civilization; Town planning system; Important cities of Indus Valley Civilization: Harappa & Mohenjodaro; Economic life; Decline of Civilization..
This document discusses various forms of discrimination including racism, sexism, discrimination based on socioeconomic status, appearance, sexual orientation, and mental illness. It provides definitions and examples of different types of racism, sexism, and bullying. It also summarizes Jane Elliott's famous "Blue Eyes/Brown Eyes" experiment on discrimination and discusses how discrimination can be addressed in the classroom through education and setting a positive example of inclusion and respect.
This document provides information about the ancient Indus Valley city of Mohenjo-Daro. It discusses that Mohenjo-Daro was one of the largest cities of the Indus Valley Civilization between 2600-1700 BC. It was discovered in 1922 in modern-day Pakistan and has since undergone excavation, though 70% of the city remains undiscovered. The document outlines some of Mohenjo-Daro's features like its planned layout, buildings constructed of bricks, and infrastructure like wells and drainage systems.
This is about the history of the Maurya and Gupta Empire that is commonly not tackled in World History class.
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This is from the chapter "Democracy and diversity". This chapter is from the civics text book of CBSE. This is From the 10th standard syllabus.
The document summarizes the history of the Maurya and Gupta Empires in India. It discusses how the Maurya Empire unified northern India under Chandragupta Maurya with the help of his advisor Kautilya. It then focuses on the reign of Ashoka the Great, who propagated Buddhist values through edicts. Finally, it describes the Gupta Empire and the cultural and scientific achievements that flourished during its rule, including advances in mathematics, astronomy, medicine and literature, before its eventual decline due to Hun invasions.
This document discusses racism, discrimination, and violence. It notes that these issues are often indirectly present in everyday life through various media, but may go unnoticed. Racism is defined as unfair treatment or violence against others due to race, while discrimination involves unfairly treating groups differently. Violence is defined as intentional harm against others. The document includes lyrics from songs that discuss these topics and promote unity, love, and understanding between all people and groups. It concludes by hoping readers can better recognize subtle messages around these important social issues.
This document discusses diversity in the world and defines prejudice, stereotyping, discrimination, and the harms they cause. It provides examples of direct and indirect discrimination based on attributes like age, disability, gender, race, and religion. Discrimination can negatively impact people physically, emotionally, socially, and financially by causing anxiety, depression, loss of interest and withdrawal. It also lowers productivity in businesses and societies by creating disgruntled and distrustful employees. Strong laws exist to protect against discrimination, and prevention requires open-minded parenting, education of children about appreciating differences, and fostering respect for all people.
The proposal outlines a campaign to increase Snapple's market share among 18-24 year olds outside of its core Midwest region. The "Find Your Flavor" concept will showcase unique personalities through humorous ads. Focus groups chose this concept over "Simply Sweet" and "Tap Into Your Fun Side". The media plan allocates most of the $50 million budget to TV, sponsorships, and digital. Promotional strategies include sponsoring festivals, cause-related honey bee preservation, and celebrity endorsements. Pre- and post-testing will evaluate the campaign's effectiveness.
Find out the basics of how to market your small business through this informative presentation from the Inland Empire Small Business Development Center.
Media Borough Economic Development Strategy and Implementation Plan October 2017Econsult Solutions, Inc.
Dr. Peter Angelides and Brittany Forman on the economic development strategy and implementation plan developed for the Borough of Media, Pa. Project performed in collaboration with The Riddle Company and JVM Studio.
Report available here: http://www.econsultsolutions.com/report/economic-development-strategy-and-implementation-plan-in-media-borough/
This ad depicts perceptual interpretation in the following ways:
- It shows people holding meanings related to the stimuli (the product). They associate the product with positive attributes like luxury, prestige, etc.
- It likely depicts models that consumers can transfer positive attributes from people they know to the models who resemble them. This plays on perceptual interpretation.
- The images and implied messaging likely reflect stereotypes that consumers will interpret and associate with the product, like associating a luxury car with wealth, status, success, etc.
So in summary, it takes advantage of perceptual interpretation processes like holding meanings related to stimuli, transferring attributes from similar people, and reflecting stereotypes that consumers will interpret regarding the product. The ad is designed to
Consumer Behavior Pick n' pay Final Presentation Jodi Liu
The document provides information about Pick n Pay, a South African retail company. It discusses the company's history, the demographics and society of South Africa, Pick n Pay's target customer segments and product positioning, and recommendations. South Africa has four main ethnic communities - European, Asian, Coloured, and African. A growing security concern for South African consumers is social violence.
The presentation was part of the Funding Conference in London on Monday 23 February 2015.
The presentation was by Richard Sved, NCVO Associate and will help you identify how to plan a strategy and introduce you to new tools that you'll need to monitor your organisations progress.
Find out more about the Funding Conference from NCVO: https://www.ncvo.org.uk/training-and-events/funding-conference/workshops
Find out more about NCVO's practical support on funding: https://www.ncvo.org.uk/practical-support/funding
The document provides steps for real estate agents to dominate their niche market. It recommends identifying a target audience, choosing relevant content for their website, and sending print marketing like postcards or invitations to that audience using mailing lists. Print marketing is shown to be more effective than email for generating responses. The steps are to be found online, connected in person and print, and involved consistently to stay top of mind so that prospects think of the agent when ready to transact.
Agri-tourism and green-tourism provide opportunities for economic growth in rural communities. They involve attracting visitors to farms and rural areas through activities like farm tours, u-pick farms, outdoor recreation, and educational programs. To succeed, operators must understand customer interests, have adequate resources, and conduct thorough market research and planning. While start-up funding is limited, with creativity and hard work agri-tourism can be a viable business model.
Starbucks is considering entering the Venezuelan market. The presentation discusses Starbucks' background and mission, an overview of Venezuela's economy and demographics, and how Starbucks would adapt its marketing mix to Venezuela. It proposes adapting products to local tastes, establishing a distribution system, using various promotional channels, and setting prices in relation to the exchange rate and competition. A timeline and long-term planning are also discussed.
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Kristin Yantis of Malen Yantis Public Relations will take you through the 2019 Greater Zion public relations and influencer marketing program. We’ll discuss how PR can work for you to drive quality visitors to Greater Zion. You’ll learn about various PR resources and how you can get involved in the overall effort, which ranges from your content promoted on quarterly media tip sheets to hosting media as part of the visiting journalists program.
We’ll also dive in to a very buzz-worthy topic – influencer marketing. We’ll provide Greater Zion’s strategy when it comes to working with influencers. We also will share how our team can help you wade through the numerous requests you get for influencer comps.
Here are some additional fundraising ideas for IAMF within their $750 budget that do not require being a 501c3:
- Car wash ($5-10 per car): Promote on social media and get volunteers to wash cars for donations. Could make $150-300.
- Bake sale: Ask local bakeries or volunteers to donate baked goods to sell for $1-3 each. Could make $150-300.
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The document discusses trends in the fashion industry and consumer behavior. Consumers now have more disposable income and seek eco-friendly and high quality fashion options. This has led to a free-spirited trend focused on individual expression and sustainability. The document analyzes competitors like Zara, H&M, and Terra and their strategies to target young, trendy consumers. It also provides a brand analysis for a new eco-friendly fashion company, identifying strengths, weaknesses, opportunities, and threats. Recommendations are made to increase the brand's knowledge and sales through various promotional activities.
This document discusses conducting audience research for media products. It provides information on measuring audiences through demographic profiles that include factors like gender, age, income level. It also discusses psychographic profiles that examine lifestyle, attitudes and media consumption. The document outlines different audience segments classified by their values, aspirations, and responses to advertising appeals. These include mainstreamers, aspirers, succeeders, reformers, and individuals. It also discusses using a target audience grouping system to categorize audiences based on surveys of attitudes and behaviors. The goal is to help media producers better understand their target audiences.
This document outlines a media plan for Flagler College to increase enrollment, brand awareness, and inquiries. It analyzes competitors' budgets and media spending. The target audience is identified as non-traditional adult students based on demographics, psychographics, and media habits analysis. A radio, digital, out-of-home, and guerilla media strategy is proposed to achieve the objectives of growing enrollment 10% and increasing awareness and inquiries through optimized placement on chosen platforms within the target audience.
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Culture has a significant impact on marketing and business. Different cultures lead to differences in marketing approaches, business practices, and product preferences between regions. Market segmentation, consumer behavior studies, and marketing communications must all take local culture into account. Cross-cultural marketing management is important for both domestic and global business success.
Final international marketing powerpoint chileksloan20
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Similar to Defining diversity: Target Diversity Case Competition 2011 (20)
This document provides tips on how to make content go viral on social media platforms like Facebook. It discusses testing headlines and framing content in a way that generates clicks and shares. The key factors outlined are creating engaging content, optimizing headlines and images to spark curiosity and emotion, testing performance through A/B testing and analytics, and ensuring the user experience and shareability on websites and social media are easy and optimized. While luck plays a role, following best practices for content, testing, and user experience can increase the chances of content spreading widely online.
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UW Foster MGMT 430 Final Project: Microsoft/Comcast/XboxJessica H
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Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
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The Strategy Implementation System offers a structured approach to translating stakeholder needs into actionable strategies using high-level and low-level scorecards. It involves stakeholder analysis, strategy decomposition, adoption of strategic frameworks like Balanced Scorecard or OKR, and alignment of goals, initiatives, and KPIs.
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4. Beyond the Bullseye
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
• Great brand recognition
• Strong relationship with community
• Diverse employees
• Target Sourcing Services
• PFresh
• Minority market: 1/3 of US Population
• Customized Marketing: Location& Ethnicity
• Social Media i.e. Facebook
• Minority Designers for Apparel
• Cultural food produce
• Late to enter global market
• Not international, brand recognition among
immigrants not strong
• Low association with specific product
segments
• Large retailer already opening stores
targeting specific ethnicity
• Current ethnic-specific stores already
established
• Economy still in recovery
Strengths
Weaknesses
Opportunities
Threats
5. Demographics
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
San Fransisco
Los Angeles
Whites 48.5%
Asians 33.3%
Latinos 15.5%
Other 2.7%
Latinos 48.5%
Whites 9.6%
Native American 11.3%
Asian 3.2%
6. Understanding Our Guests
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Anne Chou
Anna-Maria
Young, well-educated,
moderate-to-better income
families
Median Age of 42
Median Income of $60,000
51% with college degrees
33% with children
Consumer Behavior: Family
Oriented, purchase things in
bulk
7. Competitors Analysis
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Fred
Meyer
JC
Penney
Kohl’s Sears Target
Product Variety
Product Quality
Experience
Price Low Low Moderate Moderate Moderate
8. Strategy Criteria
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Effectiveness
Brand/Quality
Community
Outreach
Existing
Synergy
Capital
Expenditure
9. Decision Matrix
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Effectiveness Brand/Quality Community
Outreach
Existing
Synergy
Capital
Expenditure
Full Integrated
Store
Partner with Local
Market
Online Only
Integration
National Shift
Localization
Integration
10. Localization Integration
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Food
Apparel
Cultural
Holiday
In-Store
Presentation
Localized
Marketing
11. Cultural Products: Food
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Asian Hispanic
12. Cultural Products: Apparel
Focus on Minority Designers
National Jersey for World Cup 2014
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
13. Cultural Holiday: Customization
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Gift Card liabilities:
$ 422 million as of
January 29th, 2011
Product Variation & Store Environment
14. Market Research Strategy
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
• Surveys (Online & Offline)
• Test Product
Individualized Marketing Research
• Facebook
• Website Cookies
• Consumer Feedback
Consumer Demand Research
15. In-Store Presentation
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
• Center Piece In P Fresh Area
• Target In-Store Catalog
• Emphasize products during
cultural holiday
16. Localized Marketing
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Localized Online Ad
Ad Views on Online Video Site
Ethnic Food Page
17. Strategy Review
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
• Quick implementation timeline,
advantage over slow competitors
• Geographic specific
• Low-risk
• Scalability
Great timing: include project in Canadian
stores opening in 2013 (e.g. Richmond,
BC, Canada)
Online marketing may not reach some
market segments
Asian American market very diverse.
May be hard to capture that market
Strengths
Weaknesses
Opportunities
Threats
18. Short Term Implementation Timeline
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Move to CA, FL, TX
Heavy Community
Outreach
Targeted Survey & Ads
Rollout in 2 Locations
Saturate the 3 States
Re-evaluate
Nation Saturation
Move to Re-grow
Expand Premise
Move to Other States
M3 M9 M12 M15M6
19. Long Term Consideration
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Y 2013 +
Ethnic Fresh
Produce
Target in
Canada:
population is
ethnically diverse
20. Predicted Cash Flows
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
0
1000000
2000000
3000000
4000000
5000000
3 6 9 12
Net Cash Flows
Net Cash Flows
21. Sensitivity Analysis
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
• 4% APR, Δ10% Purchases
• $29,078,087 NPV
Best Case
• 2% APR, Δ5% Purchases
• $14,777,521 NPV
Initial
Assumption
• 1% APR, Δ2.5% Purchases
• $7,449,223 NPV
Worst Case
22. Risks & Mitigation
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
Slow Product Turn Over
Reduction of Product Quality
Increase in Cost
Start with packaged goods.
Last longer than fresh produce
Use of TSS to ensure product
quality
Implementing project in multiple
stores – reduce cost through
trade discounts
23. Summary
S i t u a t i o n | A n a l y s i s | S t r a t e g y | I m p l e m e n t a t i o n | F i n a n c i a l s
25. Appendices
L i f e i s a M o v i n g Ta r g e t
Presentation Slides
Beyond the Bullseye
Demographics
Understanding Our Guests
Competitors Analysis
Strategy Criteria
Decision Matrix
Localization Integration
Cultural Products: Food
Cultural Products: Apparel
Cultural Holiday: Customization
Market Research Strategy
In-Store Presentation
Localized Marketing
Strategy Review
Short Term Implementation Timeline
Long Term Consideration
Predicted Cash Flows
Sensitivity Analysis
Risks & Mitigation
Summary
Target
Brand Recognition
Distribution Center
Imports Warehouse
Target’s Community Outreach
Understanding Consumers
Cultural Holiday
Demographics: CA, TX & FL
Competitor
Current Competitor Localization Efforts: My Macy’s
Current Competitor Localization Efforts: Wal-Mart de Sup...
Statistics
HULU
Cash Flow Calculations
26. Brand Recognition
• “Expect More, Pay Less”
• 97% American Consumer recognize the
bullseye logo as Target
• Bullseye Dog is a trademark, and the
Bullseye Design and 'Target' are
registered trademarks of Target Brands.
L i f e i s a M o v i n g Ta r g e t
27. Distribution Center
• Regional Distribution Centers: 26
– 4 in CA
– 2 in TX, etc
• Food Distribution Center for Perishable
Food:
– Phoenix, AZ
– Lake City, FL
– Ft. Worth, TX
– Cedar Falls, IA
L i f e i s a M o v i n g Ta r g e t
28. Imports Warehouse
• Import Warehouses receive shipments
directly from overseas manufacturers and
suppliers. Merchandise is then sent from the
Import Warehouses to the Regional
Distribution Centers. Target currently
operates four Import Warehouses.
– Rialto, CA
– Lacey, WA
– Savannah, GA
– Suffolk, VA
L i f e i s a M o v i n g Ta r g e t
29. Cultural Holiday
• Asian
– February
• Chinese Lunar New Year
• Tet Nguyen Dan (Vietnam)
– October
• Diwali
• Hispanic
– February
• 24 - Flag Day (Mexico)
– May
• 5- Cinco de Mayo
L i f e i s a M o v i n g Ta r g e t
30. Demographics: CA, TX & FL
L i f e i s a M o v i n g Ta r g e t
People QuickFacts California Texas Florida USA
White persons, percent, 2010 (a) 57.60% 70.40% 75.00% 72.40%
Black persons, percent, 2010 (a) 6.20% 11.80% 16.00% 12.60%
American Indian and Alaska Native persons, percent, 2010
(a)
1.00% 0.70% 0.40% 0.90%
Asian persons, percent, 2010 (a) 13.00% 3.80% 2.40% 4.80%
Native Hawaiian and Other Pacific Islander, percent, 2010
(a)
0.40% 0.10% 0.10% 0.20%
Persons reporting two or more races, percent, 2010 4.90% 2.70% 2.50% 2.90%
Persons of Hispanic or Latino origin, percent, 2010 (b) 37.60% 37.60% 22.50% 16.30%
White persons not Hispanic, percent, 2010 40.10% 45.30% 57.90% 63.70%
31. Target’s Community Outreach
• Donate 5% of revenues to charities
• Partner with schools and libraries
• Community-based projects
• Scholarship/sponsorship of minorities – i.e.
Hispanic Scholarship Fund, National Urban
League
Our Recommendation:
• Community projects in International Districts
• Sponsor ethnic resource centers
L i f e i s a M o v i n g Ta r g e t
32. Current Competitor Localization
Efforts: My Macy’s
• Customer-centric localization, 20 select
geographic markets beginning in spring 2008.
• Focused on local customer needs and preferences
• 13 of Macy’s top 15 best-performing geographic
markets in December were My Macy’s pilot
districts
• My Macy’s will be implemented nationally to new
local markets.
• Conclusion: Largely successful. Similar
implementation plan of starting in select
locations and expanding to new locations.
L i f e i s a M o v i n g Ta r g e t
33. Current Competitor Localization Efforts:
Wal-Mart de Supermercado
• Opened 2 Supermercado de Wal-Mart
stores in Houston and Phoenix in 2009
• The company also will be opening up new
locations in Hispanic submarkets of
Dallas.
• Mas Club, the Hispanic version of Sam’s
Club
• Conclusion: Was successful. Creative
retail strategy
L i f e i s a M o v i n g Ta r g e t
34. HULU
• 48.1 ads per viewer, over 50% more than the
average for the top ten video properties by
ads viewed
• Hulu now has 289 advertisers on board who
all need to get their ads shown
• 224.3 minutes average per user
• Users view ads every 4.66 minutes.
L i f e i s a M o v i n g Ta r g e t
35. Cash Flow Calculations
L i f e i s a M o v i n g Ta r g e t
Percentage
Minority in
Target Market
Sales Volume
Per Store Per
Day
Change in
Purchasing
Number of
Stores
Implemented
Editor's Notes
NPV
Objective: target the minority population that is growing in US
Departments will have ethnic aisle/ shelf placement
So consumers would be able to find ethnically relevant product
Hispanics in United States have an estimated spending power of $175 billion
Align with their merchandising strategy
Innovative offering
Value – great quality and price
Great shopping experience because of the high performing Target team!
One stop shopping place
Product: snack foods, brand trust
Localization – store – from survey etc
Marketing localization – website and facebook
Synergy with Target – P fresh existance
Capital Expenditure – won’t cost much, just making shelf space.
Thank you Evan. As my colleague, Evan, here has mentioned. Localization integration is a comprehensive strategy that is specifically developed for Target to gain market share in the growing minority population in the United States.
There are 5 critical pillars to this strategy: Food, apparel, cultural holiday, in-store presentation and localized marketing.
Among many products that Target offers, we choose to add variation to Target’s food products to be more ethnically relevant to the local community.
It is our priority to increase the Target’s existing customers visit frequency to your stores. Food is something that people buy in consistent manner- this is how Target will be able to gain market share in the minority population.
Additionally, This is also aligned with the new Target intiative, P Fresh
Popular Asian and Hispanic food products are listed
We also choose apparel/clothing products because Target gain most revenue because of the high margin
Additionally, Most target’s customers are women, young, well educated and have moderate income level. Fashionable apparel is definitely one of their interest.
Finally we also want to bring in the world cup aspect, this could be something to consider as we approach 2014, to attract Men customers to come to the store.
Cultural holidays are very important to the minority populations. This strategy emphasize on customization that is dedicated for those special days.
Customization means adding product variation for the week/month or creating a warm store environment that embrace their culture.
Finally, customized gift cards is a great way to push to customers. As of Jan 2011, Gifts card liability make up a significant amount of unearned revenue 422 million
Market Research is essentials in understanding customer’s wants and preference.
Facebook is a great tool to advertise surveys as Target has approximately 5.6 million likes on the facebook page.
Another facebook utilization to gain individual customers profile, is to integrate facebook to Target’s online customer log in process.
A visible sign in the store for the ethnic food is definitely very effective to attract customers.
We suggest placing food products as the center piece in P Fresh area.
Also putting them on catalog and especially emphasize the products during cultural holiday
Target website has been the most visited website for several years. This is a great place to advertise ethnically relevant product by using the localized online ad. Additionally, Target can also create a page dedicated for ethnic products as well as store locators for such products.
Continue with online marketing, Youtube, Hulu, and Telemundo have 1 similarity. Millions of people go to this website and watch videos for hours every day. Many retailers have been using these website to advertise their products and we believe this is a huge opportunity for Target to do the same. Especially telemundo whose viewers are mainly hispanic.
Overall, our strategy is very comprehensive and quick to implement, geographic specific and involve low risk because it can be scaled at any level.
Thing we might consider is that online marketing may not reach some market segments.
However, looking at the opportunities, ti