Final TARGET

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Transcript of Final TARGET

Meet The Team

Table of Contents

Mission Statement

History

Target Today

Target Today

Target Today

Target Today

Target Today

Situational Analysis

Situational Analysis

Situational Analysis

Situational Analysis

Source: U.S. Census Bureau, International Data Base, Table 094 <http://www,census.gov/ipc/www.idbprint.html>

2000 2010 2020 2030 2040 20500%

5%

10%

15%

20%

25%

13%

15%18%

20%22%

24%

Hispanic (of any race) Percent of Popula-tion Projections

Situational Analysis

2000 2010 2020 2030 2040 205011%

12%

13%

14%

15%

13%13%

14%14%

14%15%

African American Percent of Population Projections

Source: U.S. Census Bureau, International Data Base, Table 094 <http://www,census.gov/ipc/www.idbprint.html>

Situational Analysis

2000 2010 2020 2030 2040 20500%

1%

2%

3%

4%

5%

6%

7%

8%

4%5%

5%6%

7%8%

Asian American Percent of Population Projections

Source: U.S. Census Bureau, International Data Base, Table 094 <http://www,census.gov/ipc/www.idbprint.html>

Case Analysis

Primary Research

Primary Research

Primary Research

Easte

rn Eu

ropea

n

Hispan

ic/Lati

onAsia

n

African

-Ameri

canIndian

Middle Ea

stern

Greek

0%

5%

10%

15%

20%

25%

30%29%

27%

19%

11%

4%2% 1%

What is your ethnicity?

Primary Research

8%

44%

31%

17%

When I go to Target, I usually take (Of the multi-lingual respondents):

Train Bus

Walk Car

Primary Research

0

1 to 3

4 to 5

5 +

0% 10% 20% 30% 40% 50% 60% 70%

How many times per month do you shop at Target? (Of the multi-lingual respondents)

Primary Research

Prices

Ethnic Products

Location

Service

Multi-ligual Staff

Product Assortment

Convenience

Size of Store

Hours of Operation

Parking

0% 5% 10% 15% 20% 25% 30% 35%

33%

26%

18%

12%

8%

2%

1%

0%

0%

0%

How do the following factors influence where you shop? (Of the multi-lingual respondents that answered 'very high' to these options)

Competitors

CVS Jewel-Osco K-Mart Dominick's Walmart Walgreen's Traget0

10

20

30

40

50

60

How often do you frequent the following retailers?

1 (most frequency)2345 (least frequency)

Competitors – Wal-Mart

Competitors – K-Mart & Sears

Competitors – Costco

Competitors – Walgreens & CVS

Competitors – Jewel & Dominick’s

Competitors – Local Supermarkets & Deli’s

Trends in Multicultural Marketing

SWOT I

Relevant Topics

Relevant Topics – Products

64%21%

11% 4%

What multicultural products would you like for Target to offer?

FoodClothingMusicBooks

Relevant Topics – Products

Relevant Topics – Products

Relevant Topics – Products

Relevant Topics – Products

Relevant Topics – Price

Relevant Topics – Price

Relevant Topics – Promotion

13% 3%

10%

19%31%

23%1%

What types of advertisements have influenced your visits to Target? (Of the multi-lingual re-

spondents)

NewspaperInternetBus/Train BillboardsRadioWord of MouthTelevisionBillboards

1 (unlikely)

2

3

4

5 (likely)

0% 5% 10% 15% 20% 25% 30% 35%

4%

10%

23%

35%

28%

On a scale of 1-5, how likely would multi-lin-gual advertisements attract your attention to

shop at Target? (Of the multi-lingual re-spondents)

Relevant Topics – Promotion

Relevant Topics – Promotion

Relevant Topics – Presentation

Relevant Topics – Presentation

Relevant Topics – Presentation

Relevant Topics – Presentation

12%

44%

40%

4%

When I visit Target, I (usually) shop for (Of the multi-lingual respondents):

Myself

My Family

Both

Other

Relevant Topics – Presentation

Relevant Topics – In-Store Signing

Unlikely

Somewhat Likely

Very Likely

0% 5% 10% 15% 20% 25% 30% 35% 40% 45%

21%

38%

41%

How likely are multi-lingual in-store and product signage to improve your shopping experience? (Of the multi-lingual

respondents)

Relevant Topics – In-Store Signing

Relevant Topics – Brands

Relevant Topics – Brands

Chicago Prototype

Short-Term Goals

Long-Term Goals

Summary

SWOT II