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This Case Study builds on your understanding (as expressed in reflections # 's 1&2) of the value elements and key success factors that underpin a
- This Case Study builds on your understanding (as expressed in reflections # 's 1&2) of the value elements and key success factors that underpin a retail value proposition, and its associated retail strategy. Demonstrating an understanding of these important considerations aligns with the course outcome of being able to describe the impact of decisions on a retail business involving real-life examples of strategic planning. In the context of a retail career, this knowledge will enable you to understand the intent of retail programmes and to facilitate their execution at store level.
- In this assignment, you are asked to demonstrate your ability to analyze a real-life case study and to apply key concepts such as the 4 P's (People, Price, Place & Promotion), value elements, consumer preferences, distribution strategies and key success factors. Once you have identified these components, you will evaluate their relative importance in an eCommerce setting and outline why or why not a physical store strategy would be an appropriate next step in this case.
- Your application of concepts from this case study will assist you to better understand the strategy options that are available to your team in the retail simulation term project, and to make choices that will result in a better value perception on the part of your team's target consumers.
- You should set aside approximately 4 hours of preparation time for your submission to adequately address the requirements of this assignment.
Instructions
- Use this link to access the full version of the Sosandar Clothing case study:
https://sk-sagepub-com.ezproxy.capilanou.ca/cases/sosandar-focusing-on-convenience-and-the-consumer
Describe the different VALUE ELEMENTS that Sosander is currently providing to its customers in terms of its product offering and distribution strategy. You should refer to these slides (among others) and other relevant material from the textbook:
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