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US Grocery Retailer
Presented By:
Bhupender Singh
Gaurav Soni
Javed Sida
Pankaj Kumar
Rahul Jain
Shaunak Ponkshe
Shrihari Mitkari
Background
• 1916 started by John & Walter Wegmans as
a Wegmans food market
• Headquarter Gates ,New York
• Known for people centered values
• Known as a premium priced retailer
• USP- satisfy customer through employee
satisfaction
• Till 2012- got 15 times place in Fortune
Magazine’s100 best companies for work
• Slogan-”Everyday You Get our Best”
Product Line
• Beverages
• Grocery items
• Seafood items
• Bakery supplies
• Floral
• Pastries
• Restaurants
• Pharmacy
• Giftcards
• Dairy
• Personal care
• Cookware,Tableware,Accessories
Internal and Interactive Marketing
Employee Friendly
Flamboyant
Customer Experience
•
Employee
Friendly
Internal Marketing
Advantage of Wegmans store
• Extremely fresh food and good
variety of goods
• Variety of products
• Larger store area
• Specialty shops-400 different
varieties
• Stores within store
• Cross Merchandize
Flamboyant
Customer
service
Customer Service
Convenience customer
service
Checkout line which has
not too long
Offer helping hand for
wandering customers
Full service website
Gourmet cooking classes
Job
Specification
Career
Decisions
Development
Compensation
Bubble
Chart
Bubble System
Wagmans Way Strategy
• Consistent low price model
• Extremely high margin
• Relationship with partners
• Better forecasting and distribution
system
Wegmans And Walmart
Wagmans
• Using CLP model
• Employee first and
customer second
• Never compromise with
margin
• Huge product line
• More professional &
classier
Wallmart
• Using EDLP model
• Customer is the Boss
• Compromise with margin
• Limited product line
• As compare to Wegmans
less professional
SWOT Analysis
Strength
• Diversify product portfolio
• Recognition for standard
• Strong footfall in US market
Weakness
• Product recalls
• Limited geographical
concentration
Opportunity
• Growing organic food industry
• Growing opportunities in
etailing
Threat
• Highly competitive market
• Perishable goods
• Organized shoplifting
Wegmans way  retail mgt.

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Wegmans way retail mgt.

  • 1. US Grocery Retailer Presented By: Bhupender Singh Gaurav Soni Javed Sida Pankaj Kumar Rahul Jain Shaunak Ponkshe Shrihari Mitkari
  • 2. Background • 1916 started by John & Walter Wegmans as a Wegmans food market • Headquarter Gates ,New York • Known for people centered values • Known as a premium priced retailer • USP- satisfy customer through employee satisfaction • Till 2012- got 15 times place in Fortune Magazine’s100 best companies for work • Slogan-”Everyday You Get our Best”
  • 3. Product Line • Beverages • Grocery items • Seafood items • Bakery supplies • Floral • Pastries • Restaurants • Pharmacy • Giftcards • Dairy • Personal care • Cookware,Tableware,Accessories
  • 4. Internal and Interactive Marketing Employee Friendly Flamboyant Customer Experience
  • 6.
  • 8. Advantage of Wegmans store • Extremely fresh food and good variety of goods • Variety of products • Larger store area • Specialty shops-400 different varieties • Stores within store • Cross Merchandize
  • 10. Customer Service Convenience customer service Checkout line which has not too long Offer helping hand for wandering customers Full service website Gourmet cooking classes
  • 12. Wagmans Way Strategy • Consistent low price model • Extremely high margin • Relationship with partners • Better forecasting and distribution system
  • 13. Wegmans And Walmart Wagmans • Using CLP model • Employee first and customer second • Never compromise with margin • Huge product line • More professional & classier Wallmart • Using EDLP model • Customer is the Boss • Compromise with margin • Limited product line • As compare to Wegmans less professional
  • 14. SWOT Analysis Strength • Diversify product portfolio • Recognition for standard • Strong footfall in US market Weakness • Product recalls • Limited geographical concentration Opportunity • Growing organic food industry • Growing opportunities in etailing Threat • Highly competitive market • Perishable goods • Organized shoplifting