Customers - "those who buy our products and services"
Overview
First
and foremost, customers judge us on product range, shopping experience
and our value proposition. But increasingly they use other criteria, such
as where a product is sourced from and how it is made. The judgement customers
make on these issues inevitably becomes part of how they see our brands
and respond to the Group. There is also growing evidence that customers
consider less tangible issues like ethics, integrity and responsibility
in their overall view of a retailer and we aim to ensure these factors
are positively associated with our brands.
Environmental and ethical shopping behaviour has hitherto been most noticeable
in the food and consumable markets, but is spreading into non food markets
via issues like sustainable timber sourcing and conflict diamonds. We
expect this to continue in other product markets, for example electrical
goods, as stakeholder concerns about climate change and energy consumption
give rise to demand for energy saving and energy efficient products.
We believe that in order to grow as a retailing business, we need to
understand our customers’ requirements. We know that customers look
for quality, price and service and their opinions on all three of these
are carefully measured and benchmarked. With ethical issues joining this
list in the minds of customers, it is important that we meet their expectations
in order to develop and retain their brand trust and loyalty.
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