Strategic Assignment

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Strategic Assignment

The objective of the sales organization is to successfully implement programs designed to increase revenue and decrease costs. The sales group will support the rollout of new customer focused Programs, leverage customer information to support sales growth of existing customers, initiate targeted activities to recruit high-profit new customers, and support operational cost-cutting efforts taking place company-wide.
This section will review the following strategic initiatives:
• New Customer Focused Programs
• Better Information Management
• Targeted Awareness Building
• Increased Behind the Scenes Efficiency
New Customer Focused Programs: Cooking Class Socials
We will initiate specialty cooking classes as a way to increase the consumption of high-margin items among existing customers and to build awareness, trial, and regular shopping among new customers.
Kudler is offering parties in the store to show customers how to prepare specialty foods. The draw for the consumers is to be trained by world-renowned chefs, local celebrities, other food experts, and even Kathy Kudler herself, and to be invited to exclusive, upscale events. The anticipated outcomes will be to increase the customer purchase rate of high margin food and beverage items and to get consumer to make an evening at Kudler Fine Foods part of their social network. This increased time in the store will increase the overall revenue per visit and increase the frequency of visits to the store. Consumers will receive multiple entries in high-ticket item contests by bringing a friend to the parties. While the firm's preference is to have the events in-store, guests can have Kudler cooking classes at their home for a price premium. Programs such as this encourage consumer loyalty and word-of mouth marketing.
Role of the sales group: The sales group will actively promote these programs to the existing customers and targeted potential new...

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  • Submitted by: ritam
  • Date Submitted: 06/18/2007 09:19 PM
  • Category: Business
  • Words: 637
  • Pages: 3
  • Views: 620
  • Popularity Rank: 455

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