Scanning the Environment Essay Example | Topics and Well Written Essays - 500 words

Scanning the Environment - Essay Exampleote focuses on demographics and socio-cultural trends, advertising, strategy and effigy for the antecedently mentioned retailers and the strategy that a competitor should adopt.Retailing of marketplace items has been a competitive business for approximately time because a number of large retail chains, online stores and retail shops compete within the market. This agency that it is outstanding to try to position the retail brand right so that a maximum attraction for the grocery retail segments within the consumers is possible (Reynolds, 2004, Pp. 12 18). Brands tell a lot about price and this means that positioning brands to attract a certain type of customer to maximize profit is principal(prenominal) in grocery retailing. Demographic trends for the US consumer suggests that the average consumer is more health and money conscious as a result of the prevailing economic uncertainty and they are only willing to pay a lesser extra for bet ter fresh fruits and vegetables, food brands (Cook, 2008, Slides 1 25). However, quality and price are the most important considerations in selection of grocery items, but pesticide free items are only second in tasting to fresh grocery items. Thus, organic products are second only to fresh quality products. In addition, the parity of non Hispanic Whites as a proportion of the total consumer is declining compared to an increase in the Hispanics and the Asians. Thus, retailers must consider the previously mentioned trends in efforts to position their retail brands.Aldi, the global grocery retailer has tried to benefit from the willingness of the consumer to pay a little more for quality in positioning its brand (Aldi, 2009, Grocery Selections). However, Amazon Grocery appears to collapse tried to lure the customer by offering established middle-of-the range brands with an emphasis on scrimping for quality and a concern for the Asian and Hispanic consumers. However, both of the previously mentioned chains emphasize regard as for money. Although