Sei sulla pagina 1di 13

SUCCESS FACTORS IN

NON-STORE RETAILING:
EXPLORING THE GREAT
MERCHANTS FRAMEWORK

IBS Hyderabad
VICTORIA L. CRITTENDEN & ELIZABETH J. WILSON.
(JOURNAL OF STRATEGIC MARKETING (2002)

Saurabh Shekhar
07bs3884
OBJECTIVE

 toexplore a relatively new framework of

IBS Hyderabad
retailing success, GMF; within the context
of non store retailing, in particular direct
selling.

 toexamine the GMF as a tool for


measuring retail success.

2
NON-STORE RETAILING

IBS Hyderabad
3
DIRECT SELLING AS NON-STORE
RETAILING

IBS Hyderabad
• Person to Person

• Party Plans

• Multilevel (network) marketing

4
DIRECT SELLING

 Unlike direct marketing approaches,


direct selling involves the consumer in
„seeing and feeling‟ what they are buying.

IBS Hyderabad
 particularly effective strategy for
products/services with high personal
selling elasticity.

 usefulin sales situations where personal


attention to customer desires and
individual differences is critical. 5
LARGE DIRECT SELLING RETAILERS

IBS Hyderabad
6
THE GREAT MERCHANTS FRAMEWORK
Miller and Merrilees (2000):

IBS Hyderabad
 Criterion 1: clear market positioning or a
clear retail strategy (in general).

 Criterion 2: distinct periods of expansion


or modernization.

 Criterion 3: operational management of


the retail mix.
7
THE GREAT MERCHANTS FRAMEWORK

IBS Hyderabad
8
THE GREAT MERCHANTS FRAMEWORK
 identifiescomponents of retail success and
offers a process for exploration

IBS Hyderabad
 the process associated with analyzing
retail success in light of the GMF requires
a historiographic analysis.

 theauthors provided scant detail about


these factors other than their
identification. 9
ALCAS CORPORATION: GMF
Subject & Source

implications Chronology

IBS Hyderabad
reevaluate Critical decisions

Road(S) not taken

“fit” with the GMF

10
Operation & retail mix
ALCAS CORPORATION: SUCCESS
FACTORS
 diversifying the product within clearly defined
limits.

IBS Hyderabad
 clear market positioning in its distribution
strategy.

 flexibility in retail strategy pertain to expansion


efforts internationally.

 offeringa superior product line and a „forever


guarantee‟ on all items sold.
11
CONCLUSIONS

 GMF as an interesting and useful tool for

IBS Hyderabad
retailing theorists and practitioners alike.

 for
diagnosing and understanding where
they are and how they might change in
order to achieve increased levels of
success.

12
IBS Hyderabad
13
THANK YOU!

Potrebbero piacerti anche