Introduction Woolworths is the largest supermarket chain of Australia. They currently operate through over 1000 stores and have a workforce of over 115,000 employees across the county. They also have distribution centers and support offices to provide their customers with high value and quality products for daily use. One of the factors that separate Woolworth from other chains of Supermarkets is that they work closely with Australian famers and growers to provide the best quality products available. It has been reported that ninety six percent of all fresh fruits and vegetables and hundred percent of the fresh meat are from Australia.
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About the Presentation Being one of the most innovative retails of Australia, Woolworths understand that the customers always look for new and simple ways to buy products. They have a innovative and efficient management system that keeps the customers satisfied. In the following presentation the 4 Pās of marketing is being discussed in relation to the supermarket chain retailers, Woolworths.
Product ā¢Woolworths provide edibles products like vegetable, fruits, meat, packaged products like beverages and chocolates (Arliet al.2013). ā¢They also provide common products magazines, DVDs, stationary items. ā¢They also provide expensive products like jewelry, furniture, beddings and clothes. ā¢They also provide household products like dishwashing and cleaning products like cleansers and toilet paper.
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Price ā¢Price in Woolworth is expensive compared to most supermarkets in Australia. ā¢They offer different types of premium brands in their chains which keeps the price balanced in the market (Wuet al.2015). ā¢To keep it balanced, they offer 20$ AUD vouchers for every 200 points from purchase. ā¢They also provide shopping cards which automatically track purchase and even discounted offers.
Place ā¢Woolworths operates in over 1000 different stores throughout Australia. ā¢More than 950 stores are supermarkets and the rest are convenience stores. ā¢All of them have online platforms such as mobile apps. ā¢They also have private labeled brands like Woolworth Homebrand, Woolworth Select, Woolworths Gold and Woolworths Fresh (Cameronet al.2013). ā¢They are also located internationally in Mexico, New Zealand, United Kingdom, South Africa and many more countries.
Promotion ā¢Woolworths offer many sorts of promotional offers. ā¢They offer loyalty schemes for customers that include petrol pump discounts (Methner, Hamann and Nilsson, 2015). ā¢From 1987-2012 they offered Fresh Food campaign. ā¢They use social media and magazines for promotion. ā¢They offer extensive deals and offers from the customers like gift cards from their online stores.
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References ā¢Arli, V., Dylke, S., Burgess, R., Campus, R. and Soldo, E., 2013. Woolworths Australia and Walmart US: Best practices in supply chain collaboration. Journal of Economics, Business & Accountancy Ventura, 16(1). ā¢Cameron, A.J., Thornton, L.E., McNaughton, S.A. and Crawford, D., 2013. Variation in supermarket exposure to energy-dense snack foods by socio-economic position. Public health nutrition, 16(7), pp.1178-1185. ā¢Methner, N., Hamann, R. and Nilsson, W., 2015. The Evolution of a Sustainability Leader: The Development of Strategic and Boundary Spanning Organizational Innovation Capabilities in Woolworths. In The Business of Social and Environmental Innovation (pp. 87-104). Springer, Cham. ā¢Wu, J.H., Neal, B., Trevena, H., Crino, M., Stuart-Smith, W., Faulkner-Hogg, K., Louie, J.C.Y. and Dunford, E., 2015. Are gluten-free foods healthier than non-gluten-free foods? An evaluation of supermarket products in Australia. British Journal of Nutrition, 114(3), pp.448-454.