Summary 7-Eleven is convenience store in In the past decade, there has been a substantial decline of small supermarket operators. Between 1997 and 2004, the number of supermarket operators decreased by 31 percent whereas the sales and the number of persons engaged in the supermarket industry rose by 11 percent and 29 percent respectively (USDA Foreign Agricultural Services, 2006). These figures reflected that the supermarket industry has been growing but in a way not favorable to small operators. Many small operators left the market due to severe competition. Almost all Hong Kong consumers usually demands for numerous trading term from Hong Kong food retailers, such as promotional discounts; back-end income (flat rebate per year that a U.S. exporter has to pay to the retail chain based on the annual turnover); D.G.A. (Distribution allowance - the fee that the supermarkets charge for distributing the products from its warehouse to its many branch stores); and incentive rebate (a percentage of turnover rebated to the supermarkets in case sales exceed the agreed amount). It can be expected that the bigger the supermarket, the harsher the trading terms. For general reference, about 15 percent of the annual turnover has to rebate to the major supermarkets and 8 percent to small ones (USDA Foreign Agricultural Services, 2006). Agents representing very popular items with large turnover usually have a stronger bargaining power and will be able to negotiate for a lower rebate rate. RESEARCH PROBLEM To be able to analyze core retail business activities and their enhancement through facilities management. 7-Eleven is convenience store in There are already 600 superstores and convenience stores in OBJECTIVES - to investigate the behavior of consumers who buy in retail stores - to determine purchasing trends of food and its relation to marketing trend - to determine the factors that affect the purchasing decisions of shoppers - to evaluate the current effectiveness of 7 Eleven's marketing strategy as to its effects on the consumers' decision to purchase METHODOLOGY The research design used in the study is descriptive research. Descriptive research intends to present facts concerning the nature and status of a situation, as it exists at the time of the study (Creswell, 1994). It is also concerned with relationships and practices that exist, beliefs and processes that are ongoing, effects that are being felt, or trends that are developing. In addition, such approach tries to describe present conditions, events or systems based on the impressions or reactions of the respondents of the research (Creswell, 1994). In addition, the descriptive method is widely used in studies concerning behavioral sciences. This means that this method will be able to capture the essence of the study, which is to determine the purchasing behavior of online shoppers particularly those who are 7Eleven customers. The use of the descriptive method also suggests that the research will be focusing on obtaining qualitative data. Qualitative research is an umbrella that refers to various research traditions and strategies. This type of research design was chosen since it gives emphasis to attitudes and beliefs of that explain the way they interpret and make sense of their world. In the case of this research, the perception of the consumers regarding shopping in retail stores for food and other related items. Reference: Creswell, J.W. (1994). Research design. Qualitative and quantitative approaches. USDA Foreign Agricultural Services (2006) Hong Kong Market Development Reports Exporter Guide 2006. Available: http://72.14.203.104/search?q=cache:gkajYCPgXXoJ:www.stat-usa.gov/agworld.nsf/505c55d16b88351a852567010058449b/f270704242c0cfdc8525720b00738baf/%24FILE/HK6025.PDF |
Introduction Today's market is characterised by highly competitive organisations which are all vying for consumer's loyalty. Firms are faced with the challenge to maintain their own competitive edge to be able to survive and be successful. Strategies are carefully planned and executed to gain the ultimate goal of all: company growth. However, external factors are not the only elements which influence growth. There are also internal factors, components working within the organisation which shape the direction of the company. Along with the changing business world, customers change as well, becoming more demanding and knowledgeable than before. In turn, company management had shifted their focus on their clients or customers so as to stay successfully in business. This transition meant that organisations have to completely reformulate their conventional business aims and purposes from being process-focused to customer-centred. Hence, in order to bring out exceptional custome
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