Pantry Case Study Summary

Lastly, the threats can be recognized as are that they are high competition, other companies offered similar product at a lower price, high supplier cost, and climate and transportation conflicts. The 5 forces that are related in this case include the threat of new entrants, substitute of product, and rivalry. Many other established fast food restaurants can offer smoothies at a lower and reduce price and also the substitute for their products can be high because the consumers have several options and the ability to make them at home. Rivalry among competitors is also

So what is Trader Joe’s mission, vision and value? Their mission, value and vision is to provide customers the best food and beverage and provide information to make informed buying decisions. There are many unique grocery items and with everyday low prices. They buy their products directly to the supplier and get the best price so the consumer will save money. They also stated that most grocery stores charge the supplier a fee if their product is put in the shelf but not in trader joe which means lower price (3).

Fundamentals of Information Systems Exam Assignment Table of Contents Statement 3 Introduction 3 Case Presentation 4 Theoretical Framework 4 Porter 's Five Competitive Forces Model 1. Degree of Competition 2. Threats of New Entrants 3. Threats of Substitute Products 4. The Bargaining Power of Customers 5.

The company’s business environment, which is the organic and natural food industry, has a high number of existing competitors, who aggressively compete based on service, quality and price; the fact that switching costs for consumers to shift to other retailers are significantly low contributes to the strong force of competitive rivalry. (Strategic direction: differentiates products based on high quality) Strong Force of Bargaining Power of Customers Consumers of Whole Foods Market have strong bargaining power regardless the weak force of small volume purchases compared to the total revenues of the company. The majority of Whole Foods Market’s target customers is individual buyers who have access to product information they can use to compare with other retailers. If Whole Foods Market fails to satisfy

Hence we assume this to be a situation of duopoly. The 2 companies sell products which are very close substitutes and are constantly fighting for greater market share. A person may buy a Coke product instead of a Pepsi one, and vice versa. The objective of both is to maximize their profit.

They plan to slowly convert to full organic and natural ingredient by going in increments to slow adjust their business and customer to change. Bargaining Power of Buyers: High In the restaurant industry the customer has high power because of how saturated the market is. Although they have very little control over the price of products, they have low switching cost that allows them to seek the best price. With the numerous restaurants available to customer, it gives them the power to choose other places to eat besides Chipotle.

Consumer Reports magazine reports that Costco is the leader and is the preferred retailer in the opinion of the readers based on factors such as product quality, value, friendliness of store and staff, ease of returning items, and overall service. Costco was also considered the value leader by providing the best bang for the buck. Walmart, Sam’s Club, and Target fell below Costco’s ranking in terms of popularity and value for consumers (Keshner, 2010). Psychographic characteristics typically go beyond the external focus and are not as easy to quantify but do identify why consumers buy a particular product or service (All Business,

This strategy requires low costs reflected through low prices because customers expect significant savings when they buy from Costco. Wal-mart also uses cost leadership generic competitive strategy. To distinguish a part from the Wal-mart’s cost leadership strategy, Costco partly employs broad differentiation as its secondary generic strategy. The secondary generic strategy make the business stand out based on value and quality by using Kirkland Signature, which known as house brand (m.koreatimes.co.kr).

ALDI supermarkets, a well-known retailer in business, focused on retaining and gaining customer’s loyalty on those who were already familiar with the ALDI brand. ALDI’s main objective is getting its message across which is offering the best quality products at the lowest price possible. One of ALDI’s marketing strategies is the ‘Like brands’ by which ALDI created high quality products similar to those products of a well-known brand and competitors, but with a lower price. ALDI created blind tastes of these ‘like brands’ where people can taste ALDI’s brands and the national brand to see if they can make a

Amazon’s competitive strategy is cost leadership. Amazon has achieved a lot on a great scale that it gets the best prices from its vendors so they can operate in very flexible and thin margins and sell their items easily at retail prices and make money. They also provide shipping products for a reasonable cheap price. They also have improved their warehouses by giving some space to other sellers who want to sell their items through Amazon. They differentiate and provide better quality than their competitors across the industry.

I agree with taking advantage of second- degree price discrimination. I also enjoy the bogo deals at Publix and it is the only grocery store I shop at because of it. When being able to stack coupons on top of these buy one get one free deals you are able to get two items for less than the price of one item. I have found Publix to be much cheaper because of these deals then the other grocery stores in the area. Second-degree price discrimination can definitely work in one’s favor.

By focusing on having numerous locations for accessibility and assessing customers’ needs, Wal-Mart has been able to sustain a competitive advantage in the industry. The company leverages its massive size to exert high purchasing power over its suppliers and, therefore, it can obtain significant cost savings and pass them down to consumers with heavily discounted prices. (Britanny Carter) They also offer a large variety of products, including national, local, and private brands, giving extended choices to their customers.

The volume Papa John’s buy to its suppliers creates a unique advantage that small players cannot have, such as purchasing power in negotiating food and packaging supply contracts, real state purchasing, location selection and marketing[ii] Papa John’s has built many marketing partnerships over the years that has increased the brand value. For example, the company has a partnership with Coca Cola to offer only Coke product on its restaurants. The company is agile and flexible in its operations.

Queen of the Pantry is a private in-home chef service company that is located in Natick, Massachusetts. The Queen of the Pantry features Ms. Yvette Saulnier Taylor, a lifestyle and wellness chef. Their private services include menu planning and personalized recipe development, grocery shopping, in-home private nutritional meal preparation, and ongoing dietary consultation. Queen of the Pantry provides healthy gourmet meals served fresh in their customers’ homes.

Northeastern Illinois have a food pantry located in building E in room E50. The food pantry was founded by the student Advocacy Program. They have created an emergency relief system to support NEIU students experiencing food insecurity. The Student Food Pantry seeks donations of nonperishable items and personal hygiene products to help the students who is in need of them. These donations are a collaborative effort among NEIU faculty, staff, and students.