Mayo De e Juan Vigaray y Esta obra se e publica bajo una Licencia Creative Com mmons Reconoc cimiento – No Comercial – C Compartir Igu ual 3.0, Spain RETAIL MARKETING Instructor : y De Juan Vigaray g y Dr. Mayo Student Guide Ma ayo De Juan Vig garay CONTENTS Retail Marketing 1. General information about the instructor 2. Course description and objectives 3 3. Learning methods 4. Areas of study 5. Indicative reading 6. Assesment 7. Assignment 1: presentation 8 8. Assignment 2: written report 9. Information needed for assignment 1 & 2 10. Forms for the assignment 1 & 2 11. Assignment 3: participation in class & mini cases Retail Marketing 1. GENERAL INFORMATION ABOUT THE INSTRUCTOR Office Hours Ma ayo De Juan Vig garay Phone/fax by appointment before of after class y e-mail or by 965 90 36 21; 965 90 34 00 (3167) e-mail mayo@ua.es Office # 9. 9 Marketing Department. Department Business Faculty. (Next to the Economic library). University of Alicante Retail Marketing 2. COURSE DESCRIPTION AND OBJECTIVES Initial part merchandising philosophy retail store image atmospherics and visual merchandising “ t il t i “retail-tainment” t” and d Lifestyle Lif t l merchandising h di i MERCHANDISING Second half Ma ayo De Juan Vig garay 9 9 9 9 On completion p of this unit you will be able to: RETAIL SALES PROMOTION 9 9 9 9 promotional process promotional ti l methods th d promotion objectives sales promotion tools 9understand and apply promotion and merchandising theory to retail stores. 9use promotional tools effectively when analysing consumer and retail markets. 9produce an appropriate, effective and co-ordinated promotional and merchandising plan. 9employ suitable techniques to evaluate all aspects of the promotional mix. 9communicate effectively 9produce reports and presentations of an appropriate graduate standard. Retail Marketing Ma ayo De Juan Vig garay 3. LEARNING METHODS 1. Conceptual framework by the instructor 2. Student centred activities 3 3. Group work 4. Mini-cases will be submitted by students Case study y analysis: y written project & presentation in class Retail Marketing 4. AREAS OF STUDY Store design Visual Communications 9 Storefront or exterior 9 Interior design 9 Store name and logo g 9 Range of interior signage: buying experience Ma ayo De Juan Vig garay 9 Advertising Retailer´s Promotion mix 9 Sales promotions 9 Public P bli relations l ti 9 Personal selling Retail Marketing 5. INDICATIVE READING Dunne, P. Lusch, R. and Griffith, D.A. (2002) 4th edition “Retailing” Publisher: South-Western Thomson Learning Levy, H. Le H and Weit Weitz, B. B (1995) 2nd edition “Retailing Management”, Management” Publisher: Irwin, Chicago. Levy, H. and Weitz, B. (2001) 4th edition “Retailing Management”, P bli h Publisher: I i Boston. Irwin, B t Masson, J.E and Wellhof, A. (1997) “Merchandising, rentabilidad y gestión del punto de venta” Ed. Deusto. Ma ayo De Juan Vig garay Mounton, D., (2000) “Merchandising estratégico” Publisher: Gestion 2000 Palomares, R. Palomares R (2001) (2001), “Merchandising: Merchandising: Cómo Vender más en Establecimientos Comerciales” Ediciones Gestión 2000, Barcelona. Salen, H. (1994) “Los secretos del merchandising activo” Diaz de Santos. Valencia, V. “Escaparatismo e imagen comercial exterior” ESIC 2000 Retail Marketing Ma ayo De Juan Vig garay 6. ASSESMENT Assignment 1: Store presentation in class (in group) 30% Assignment 2: Store report (in group) 40% Assignment 3: Participation in class and individual cases 30% Retail Marketing Ma ayo De Juan Vig garay 7. ASSIGNMENT 1: PRESENTATION (I) 1. An oral presentation to your lecturer & classmates. 2. One side of word-processed notes for your presentation (OUTLINE) is necessary to be handed in on the PREVIOUS SESION ( (discussed in class) ) of y your p presentation. 3. A session time will be student led (presentations) = Depending p g on the number of the students in class 4. Students will be organized in groups of 4 or 5. The name of the g group p will be in accordance with the store chosen. 5. Each presentation should last between 20-25 minutes. Retail Marketing 7. ASSIGNMENT 1: PRESENTATION (II) 6. Using visuals and overheads or Power Point 7. There will be time available for questions from the rest of the group. 8. Students should sign up for their chosen store on the Ma ayo De Juan Vig garay pp op list s in the first s week o of the course. ou s appropriate 9. Presentations order will be randomly assigned. Retail Marketing 7. ASSIGNMENT 1: PRESENTATION (III) 10. The content of the presentation should include: 1st INTRODUCTION ABOUT THE TYPE OF STORE CHOSEN 2nd MERCHANDISING OF THE STORE CHOSEN i. ii. iii. iv. Retail image of the store chosen Design es g o of tthe e sto store ec chosen ose Physical environment (exterior, general interior, store layout, interior displays) Customer service of the store chosen Include visuals; photos; brouchures; location maps, etc …. Ma ayo De Juan Vig garay 3rd PROMOTIONAL STRATEGIES USED IN THE STORE Include visuals; photos; brouchures; location maps, etc …. 4th SWOT analysis based on your observations. CONCLUSION(S) RECOMMENDATION(S) Retail Marketing 7. ASSIGNMENT 1: PRESENTATION (IV) Feel free to involve the audience so as to make your presentation more interesting. i.e. displays, clothing, smell, music and so on. Presentation will be submitted in a CD or USB along with the report. Ma ayo De Juan Vig garay N.B: In accordance with this outline failure to produce a presentation will result in no mark being awarded d d ffor thi this assignment. i t Students St d t who h do d nott hand in their notes on the previous class of their presentation will lose 20% of their mark. Retail Marketing Ma ayo De Juan Vig garay 8. ASSIGNMENT 2: WRITTEN REPORT (I) 1. A group written report to your lecturer. 2. 7.000-8.500 words plus appendix (scan photos, brochures …) 3 3. The content of the written report should include: 1st INTRODUCTION ABOUT THE TYPE OF STORE CHOSEN 2nd MERCHANDISING OF THE STORE CHOSEN i. ii. iii iii. iv. Retail image of the store chosen Design of the store chosen Physical environment (exterior, (exterior general interior, store layout, interior displays) Customer service of the store chosen Include visuals; photos; brouchures; location maps, etc …. Retail Marketing 8. ASSIGNMENT 2: WRITTEN REPORT (II) 3rd PROMOTIONAL STRATEGIES USED IN THE STORE Ma ayo De Juan Vig garay Include visuals; photos; brouchures; location maps, etc …. 4 h 4th SWOT analysis based on your observations. CONCLUSION(S) & RECOMMENDATION(S) 5th h REFERENCES 6th APPENDIX - ACKNOWLEDGEMENTS Retail Marketing 8. ASSIGNMENT 2: WRITTEN REPORT (III) References should be cited as following: Books: Author, Author publication date date, Title Title, Edition, Edition Country. Country Journal articles: Autor, Title, Journal, issue or number, volume, pages, publication date. Ma ayo De Juan Vig garay Electronic references: Website/author <access to web site> [access date, month, year] Project will be submitted in paper format, as well as CD or diskette, di k tt along l with ith the th CD/diskette CD/di k tt with ith the presentation. Retail Marketing 9. INFORMATION NEEDED FOR ASSIGNMENT 1 & 2 (I) Ma ayo De Juan Vig garay First Every group will decide in advance (and inform the g the first week of class) on a p product lecturer during category and a specific type of retailer for which they will go shopping (“secret shopping”, not necessary to buy) with their partners. PRODUCT CATEGORY For example… TYPE OF STORE Specific Store ….. …. …. ….. …. …. Retail Marketing 9. INFORMATION NEEDED FOR ASSIGNMENT 1 & 2 (II) Second Third The second part of the assignment entails a strategic communication plan for the store chosen. You will focus on “Merchandise Analysis” and “Sales Promotions”. For the third part you will answer this Ma ayo De Juan Vig garay 1. question: g of the store in accordance with their Is the image promotional plans & advertising messages & merchandising. you recommend any y actions to improve p the 2. Do y actual situation? Retail Marketing 9. INFORMATION NEEDED FOR ASSIGNMENT 1 & 2 (III) It is important that you spend enough time in the store to get the “feel of it” and capture the communications signs. Ma ayo De Juan Vig garay As an extra task: It will possible to compare the store chosen in Spain, with the same store if it is located in your country, or another store with similar characteristics. Retail Marketing 10. FORMS FOR THE ASSIGNMENT 1 & 2 STORE CHOSEN Ma ayo De Juan Vig garay MERCHANDISING Merchandising Questions Atmospherics Evaluation Guide ANALYSIS Exterior General interior Store layout Interior Customer service PROMOTION Retail Marketing FORMS FOR THE ASSIGNMENT 1 & 2 STORE O CHOSEN O STORE CHOSEN Ma ayo De Juan Vig garay Name of store. ie. Carrefour Type of store: description of the characteristics ……….. Location (Shopping centre, street, isolated) ……….. Retail Marketing FORMS FOR THE ASSIGNMENT 1 & 2 MERCHANDISING ANALYSIS MERCHANDISE ANALYSIS Product category ……….. Subcategories ……….. ……….. ……….. ……….. ……….. Brands/ Manufacturers ……….. Price Range (Lowest – Highest) Ma ayo De Juan Vig garay ……….. ……….. ……….. ……….. ……….. Average g Price ……….. Depth/Assortment (styles, colours, features) ……….. ……….. ……….. Retail Marketing FORMS FOR THE ASSIGNMENT 1 & 2 ATMOSPHERICS EVALUATION GUIDE Instructions: Ma ayo De Juan Vig garay Make the following g observations about the store communications tools concerning atmospherics in general, and, where appropriate, for the department where the product category selected is found. Make sure to write down your observations Retail Marketing FORMS FOR THE ASSIGNMENT 1 & 2 MERCHANDISING ANALYSIS Ma ayo De Juan Vig garay 10. ¾ You should answer questions as the following ones. ¾ Do not only use a “yes”/“no” answer, but justify your opinion in the report. 1 Does 1. D it reflect fl t the th store t purpose? 8 Are 8. A fixtures fi t grouped d for f adjacent coordination? 2. Is it well maintained? 9. Is the merchandise display appropriately lit? 3. Is signing appropriate? 10. Is it of the right size for the assortment presented? 4. Do they windows/visual displays tell a clear story? 11. Are the product categories clearly identified? 5. Is the merchandise current? 12 Are there good signs 12. indicating the merchandise category location? 6. Is the space well kept and imaginative? 13. Is the area “easy to shop”? 7 Is the space appropriately lit? 7. 14 Is the light level good? 14. Retail Marketing FORMS FOR THE ASSIGNMENT 1 & 2 10. MERCHANDISING ANALYSIS 15. Is the color appropriate? 21 What 21. Wh t did you lik like best b t about b t this store? 16. Is the music appropriate pp p for the merchandise? 22 What 22. Wh t did you lik like least? l t? Ma ayo De Juan Vig garay 17. Is the music at a comfortable sound level? 23. Did a sales associate g greet you? 18. What is the length of wait when checking out? 24. Were you offered assistance? 19. What is the level of customer service? 25. If you asked for help, how long before you received assistance? 20. Is the location convenient for shoppers? Retail Marketing 11. ASSIGNMENT 3: PARTICIPATION IN CLASS & MINI CASES Participation in class and individual cases will be solved in class. Instructor can decide “homework” for next session to hand it in. Students are encouraged to participate in class, interacting with the lecturer and when their classmates present. Ma ayo De Juan Vig garay PLEASE NOTE EXTENSIONS WILL BE GRANTED IN ACCORDANCE WITH THE LECTURER GUIDELINES. NON-ATTENDANCE AT A STUDENT´S OWN PRESENTATION WILL RESULT IN A FAILURE OF THAT ASSIGNMENT. STUDENTS WHO DO NOT HAND IN THEIR NOTES ON THE WEEK BEFORE THEIR PRESENTATION WILL LOSE 20% OF THEIR MARK.