target case-american marketing association team 6
TRANSCRIPT
American Marketing AssociationDaran XuHaider TawakaliAnirudh OjhaTin Le
Target Case Competition
Agenda• Problems
• Proposals
• Financial Validation
• Competitors
• Questions
Problems
Disorganized Soft Line
Weak Online Presence
Delayed Checkout
Digital Front Enhancement
Improve client-end user interface
Subscription model
Mobile payment
Utilizing social media influencers
Improve client-end user interface
Customer Specific product recommendations
Highlighted product reviews on website
Integrating Cartwheel features into main apps.
Promoting price-matching
Subscription Model
• REDcard plus: $7.99/month
• Free Shipping
• Exclusive discounts
• First month free with REDcard sign up
• Exclusive holidays offers
• Additional Special gifts
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
Utilizing Social Media Influencers
Social media posts
YouTube review of products
Highlighted user reviews
Purchase link with small discounts
Spot Cart
1.Scan products
2.Cart will be ready at checkout
3.Collect cart at checkout
Smart Rack
Smart Rack
An automated sorting system
Increase efficiency
Less work load on employees
Well-organized soft line
Video Mining Filter employees out of traffic count data
Understand shopping patterns of customers.
Measure the impact of marketing promotions and offers
Competition
Mobile Payment
Automated InventorySorting
Physical Store
1/1/17
1/1/18
1/1/19
1/1/20
1/1/21
1/1/22
1/1/23
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Traditions vs. Innovations
New Method TraditionalFinancia
l Validation