Tuesday, January 28, 2020
Understanding Marketing Activities Essay Example for Free
Understanding Marketing Activities Essay Birkenhead Point Outlet Centre at Drummoyne, is the only place in Sydney where you can shop whilst enjoying the spectacular views of Sydney Harbour and browse through a huge range of your favorite fashion, food and lifestyle brands. Birkenhead Point is SydneyÃ¢â¬â¢s original factory outlet centre, a site rich with heritage: the development of Birkenhead Point can be dated back to the early 1800Ã¢â¬â¢s. More recently, Birkenhead Point is renowned for offering top designer labels at up to 70% off regular retail prices. Direct Factory Outlet (DFO) : is the name for a economy group of discount shopping centres in Australia. They are large-floor warehouse buildings containing partitioned stores where retail outlets sell excess or previous seasons stocks at reduced prices. Introduction of Birkenhead Point Outlet Centre: Birkenhead is an awesome place to go shopping on a sunny day. You know those days which are just too gorgeous to spend inside a concrete box, but you just have to go shopping for something? Well Birkenhead is the place. Birkenhead Point Outlet Centre at Drummoyne, is the only place in Sydney where you can shop whilst enjoying the spectacular views of Sydney Harbour and browse through a huge range of your favorite fashion, food and lifestyle brands. Birkenhead Point is Sydneys original factory outlet centre, a site rich with heritage; the development of Birkenhead Point can be dated back to the early 1800s. More recently, Birkenhead Point is renowned for offering top designer labels at up to 70% off regular retail prices. Increasingly expanded, Birkenhead has a great range of clothes and general goods stores. Marketing Activities undertaken by Ã¢â¬Å"Birkenhead Point Outlet CentreÃ¢â¬ These projects will complement the ground floor works that were completed in late 2012 with expanded walkways, increased store sizes, easier mall access, and integrated connectivity for ease of navigation around the centre, new bathrooms, new flooring, along with a host of new tenants opening their doors. These improvements created new interest with local shoppers returning to Birkenhead Point for their everyday shopping needs and personal services. With over 120 retailers on board and an increasing range of new dining options the new initiative at Birkenhead Point is raising the bar for outlet centre retailing, said Gerard McSpadden, National Asset Manager from Abacus Property Group. Ã¢â¬Å"Birkenhead Point is really paving the way forward with the third stage of redevelopment, exceeding the expectations of the modern day shopping experience,Ã¢â¬ continued Gerard. Promotional Activities of Birkenhead Point Outlet Centre Birkenhead shopping and leisure centre with new and deterring potential criminal activity. The bus station was . need to be clearly defined, namely: A developing interchange is a promotional .. Ã¢â¬ ¢ Expanding and modernising the overall ambience of the existing food court balcony and marina promenade making way for a new waterfront restaurant and bar and improved food court dining facilities; Ã¢â¬ ¢ The addition of a new major supermarket on the Marina Promenade level with new travelators to connect to this store from the Ground Floor; Ã¢â¬ ¢ Increased open space and overall enhancements within the Endeavour Mall fashion precinct along with improved connectivity and access between level one and level two via dual pedestrian ramps; Ã¢â¬ ¢ New sets of travelators from the ground floor entrance from the Coles car park which will connect to the mezzanine level car park above. Now at over 28,000m2 the redevelopment has also improved shoppersÃ¢â¬â¢ experience while visiting the c entre through increasing the amount of natural light and enhancing the sense of Ã¢â¬ËspaceÃ¢â¬â¢. This clearly breaks away from the traditional retail setting seen in other centres which can be enclosed and dark. Marketing Concept does practice? The marketing concept relies upon marketing research to define market segments, their size, and their needs. To satisfy those needs, the marketing team makes decisions about the controllable parameters of the marketing mix. The concept of marketing has evolved over the time. 1. Production concept : this concept suggest to do mass production, in order to make the product cheap and easily available in the market. Base of this concept is that if the product is cheap and easily available then people will buy it. Potential competitors: In the area of Sydney, that is the place where you can find those top designer labels and signature clothing shops . Many of the top designer labels have been reduced up to 70% less than the regular retail price, so youÃ¢â¬â¢ll be sure to grab a bargain. There are plenty of high end labels here, including Alannah Hill, Witchery, Hugo Boss Factory Store and Mimco. As the Birkenhead Point Outlet Centre sells the designer and signature clothes as low as 70% percent that is why most of the consumers prefer to buy there because it is more cheaper. Does the factory outlet plays an important role in goods and retailing: Yes, I agree Some of the key features of the site that are worth noting include an easy-to navigate-store finder for the convenience of shoppers, and a store directory which allows patrons to easily find their favorite stores through types of category and a store map. This shows exactly where a particular store is located in the mall. And the VIP section gives users a sneak preview of some of the latest discounts that they can benefit from right through the mall. It also gives customers the opportunity to sign up to the email file in order to received special member-only discounts. To what extent does the factory outlet can pose a threat to conventional retailers? Nowadays, all the factory has been putting their lowest price to discount all the clothes they sell so that the consumers will buy it. It will be a big threat for those who franchise a store in their business with their regular price because instead of buying a regular price on the store,the consumer will find a factory sale choose the factory selling more discount instead at the conventional store who sells their regulars prices because it is more cheaper and more stocks. The advantages and disadvantages of selling a wide range of products in one shop against a shop selling only one line product? Businesses uses a range of different means to get their product/service to the customer. Obviously, it is important that you choose a means of distribution that is right for your market while at the same time being aware of alternatives that might gain you access to further markets.
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