target case-american marketing association team 6

14
American Marketing Association Daran Xu Haider Tawakali Anirudh Ojha Tin Le Target Case Competition

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Page 1: Target Case-American Marketing Association Team 6

American Marketing AssociationDaran XuHaider TawakaliAnirudh OjhaTin Le

Target Case Competition

Page 2: Target Case-American Marketing Association Team 6

Agenda• Problems

• Proposals

• Financial Validation

• Competitors

• Questions

Page 3: Target Case-American Marketing Association Team 6

Problems

Disorganized Soft Line

Weak Online Presence

Delayed Checkout

Page 4: Target Case-American Marketing Association Team 6

Digital Front Enhancement

Improve client-end user interface

Subscription model

Mobile payment

Utilizing social media influencers

Page 5: Target Case-American Marketing Association Team 6

Improve client-end user interface

Customer Specific product recommendations

Highlighted product reviews on website

Integrating Cartwheel features into main apps.

Promoting price-matching

Page 6: Target Case-American Marketing Association Team 6

Subscription Model

• REDcard plus: $7.99/month

• Free Shipping

• Exclusive discounts

• First month free with REDcard sign up

• Exclusive holidays offers

• Additional Special gifts

Page 7: Target Case-American Marketing Association Team 6

Mobile Payment1.Guests scan the products to be purchased using

smartphone

2.Bill is generated on smartphone

3.Pay using Target app

4.Receipt will be generated on smartphone

5.Show receipt at checkout

Page 8: Target Case-American Marketing Association Team 6

Utilizing Social Media Influencers

Social media posts

YouTube review of products

Highlighted user reviews

Purchase link with small discounts

    

Page 9: Target Case-American Marketing Association Team 6

Spot Cart

1.Scan products

2.Cart will be ready at checkout

3.Collect cart at checkout

Page 10: Target Case-American Marketing Association Team 6

Smart Rack

Page 11: Target Case-American Marketing Association Team 6

Smart Rack

An automated sorting system

Increase efficiency

Less work load on employees

Well-organized soft line

Page 12: Target Case-American Marketing Association Team 6

Video Mining Filter employees out of traffic count data

Understand shopping patterns of customers.

Measure the impact of marketing promotions and offers

Page 13: Target Case-American Marketing Association Team 6

Competition

Mobile Payment

Automated InventorySorting

Physical Store

Page 14: Target Case-American Marketing Association Team 6

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$0

$50,000

$100,000

$150,000

$200,000

$250,000

Traditions vs. Innovations

New Method TraditionalFinancia

l Validation