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By: Lynda Assi, Shiqi Lin, Yuan Liu, Liza Perez & Haavard Wattum

Ecommerce - Final presentation Final -2

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Page 1: Ecommerce - Final presentation Final -2

By: Lynda Assi, Shiqi Lin, Yuan Liu, Liza Perez & Haavard Wattum

Page 2: Ecommerce - Final presentation Final -2

Shopping cart

Company background● Introduction● Current website

The Approach● Category● Strengths and

Weaknesses● Opportunities and

Threats● Competitive analysis● Customer Profile

The website● Objectives● Business model● Strategy● Whole Foods express

ecommerce ● Campaigns● Metrics for Success● Recommendations

Page 3: Ecommerce - Final presentation Final -2

COMPANY BACKGROUND

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Introduction● Whole Foods Market, Inc. is an American foods supermarket chain

specializing in organic food.

● Type: Public

● Industry: Grocery store/ Health food store

● Founded: September 20, 1980

● Number of locations: 404 (Jan 2015)

● Revenue: Increase US$ 12.9 billion (2013) [2]

● Number of employees: over 58,300

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Current Website Layout

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Current Website Layout

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Current Website Layout

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Present Website Layout

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THE APPROACH

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CategoryConsumers are becoming health-conscious

● Consumers are driven to local, natural, organic and sustainable offerings

● 9/10 Americans are “conscious consumer”● 90% buy energy efficient products● 88% products promoting health and safety benefits ● 87% support fair labor and trade practices ● 87% commit to environmentally-friendly practices

Consumers value convenience ● Constraints on time and household

budgets.

● practical about purchasing decisions

US organic food market grow will grow until 2018● Annual growth rate of 14% on the sector

● Domestic organic food production increased about 240% between 2002 and 2011

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Strengths and Weaknesses

Strengths Weaknesses

● Social media presence

● Presence in local communities

● Relationships with suppliers and

partners

● Fast delivery service

● Brand trust with high quality

● Weak loyalty program

● High prices of products

● Crowded store

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Opportunities and Threats

Opportunities Threats

● Local, natural, organic and sustainable offers

● Organic food market is an emerging trend

● Consumers are conscious and value convenience

● Increased technological capabilities

● “Whole Paycheck” consumers perception

● High competition

● Organic foods sold at lower prices

● Difficult to distinguish organic food from fakes

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Competitive analysis

● Primary Direct: o Amazon Fresh, PeaPod, Fresh Direct, Google Express, Schwans.com

● Primary Indirect: o Blue Apron, Five Stars Home Foods, Hello Fresh

● Secondary:o GrubHub, Seamless, Eat24

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Low value

High value

Many quality products Few quality products

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Primary Target - Healthy Young Professionals

Personal/DemographicName: Carrie & FredAge: 25 - 35Status:Raising Career.Demo: $40K HHI, college graduate working professionals.

LifestyleImpulse shopper if sparked would be interested. Cares about being healthy and fit.

Motto“Eating well keeps us going”

Personal shopping HabitsConnectivity: Very connected to different devices: tablet smartphone, laptop.Internet: User of social media, blogs. Shares articles and photos of interests.

Favorite e-commerce siteHigh end retail stores. Amazon prime users, Content based shopping.

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Secondary Target - Health Conscious Parents

Personal/DemographicName: Carrie & FredAge: 35 - 45Status: Married with kidsDemo: $90K HHI, college graduate working professionals.

LifestylePlans and reads reviews. Carefully select foods. Cares about eating healthy and nutritive.

Motto“We are what we eat”

Personal shopping HabitsConnectivity: Very connected to different devices: tablet smartphone, laptop.Internet: User of social media, blogs. Shares articles and photos of interests.

Favorite e-commerce siteHGTV and cooking channel, kids retail stores, interest Blogs/ affiliate shopping.

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THE WEBSITE

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Objectives and Goals

Objectives● To achieve 5% market share of the premium online grocery market

● To acquire 3% of the residents within our store communities

Goals● To make Whole Foods the preferred customer option

● To manifest Whole Foods ecommerce position

● To help unclog our in store traffic

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Business Model

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Strategies● Online Community

● Pricing

● Loyalty Programs

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Online Community● Online Communities Locally

● Transparency

● Home Shopping

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Pricing

● Same day delivery with premium price

● Bundle Price

● Local & Organic Prices

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Loyalty Program: Your WholefoodsYour Rewards: ● Non Subscribed Users:

$10 = 1 point● Subscribed Users:

$5 = 1 point ● 100 points = Next

Purchase FREE Delivery

Your Basket:● Ability to auto-reorder

favorite produces.

● Monthly subscriptions.

● Specials alerts.

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Whole Foods express online shop

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Product listing page

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Product detail page

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Shopping cart basket

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Multi product shopping cart basket

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Check out window

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Place order

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Customer relationship management

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Blog post seasonal

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Responsive Design

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Campaigns

● Special Day Promotion Campaign

● Social Media

● Direct Marketing

● In-Store Promotion

● Out-of-home Promotion

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Metrics for Success

Awareness Consideration Preference Purchase Loyalty

Reach Clicks Sharing Clicks to website

Sharing

Views Reviews Likes / Follow Conversions to sale

Referrals

Content Views Data Capture Coupons User-generated content

Comments Social Listening Tracking tags

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Recommendations

● Create an app

● Develop a loyalty program

● Provide shopping habits feedback

● Automatic app reordering

● Order and reorder catalogues

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DO YOU HAVE ANY QUESTIONS?

Thank you for your attention!

By: Lynda Assi, Shiqi Lin, Yuan Liu, Liza Perez & Haavard Wattum

Page 38: Ecommerce - Final presentation Final -2

APPENDIX

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Bibliography● Sources : “United States Organic Food Market Forecast & Opportunities, 2018” / Organic Trade Association /

BBMG Conscious Consumer Report