282x Filetype PPT File size 2.74 MB Source: www.ebc.nthu.edu.tw
Contents 1 Introduction 2 Retailing Strategy 3 Merchandise Management 4 Store Management Introduction Membership Warehouse Club best possible prices on quality brand- name merchandise wide selection of merchandise convenience of specialty departments exclusive member services Introduction History first location opened in 1976 under the Price Club name San Diego, CA, U.S.A. small businesses serving a selected audience of non-business members first Costco warehouse location opened in Seattle, WA, U.S.A. Taiwan's first location opened in 1997 in Kaohsiung - three in Taipei market, one in Hsinchu, one in Taichung, and one in Kaohsiung. Retailing Strategy Retail Market Strategy Target Market Strategy • Primary target market is small businesses • Marketing teams contact local businesses, trying to persuade them into purchasing a business membership • Direct mail marketing to attract potential customers that meet their customer profile • Reliance of members using word-of-mouth to attract new members to the company Retailing Strategy Retail Market Strategy Products • Low prices on selected private and a limited selection of nationally branded products in a wide range of merchandise categories • Kirkland Signature: currently carries 330 private label items which make up 15% of their sales (2006) • Carry only around 4,000 active stock keeping units • Some offerings rotate in and out of the warehouse based on season, and other factors.
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