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Ever since we launched our weekly flyers we have
been improving their effectiveness by fine-tuning the contents to match the needs
of customers locally.
Ever since we launched our weekly flyers in the
Autumn of 1999, we have been improving their effectiveness by adapting the contents
to match the needs of customers locally. We have also gained much more knowledge
of the responsiveness of individual product sales to price changes, promotional
investment and store reformatting. These elasticities vary considerably from product
to product and the only way for any retailer to understand the dynamics and to
apply them to drive sales is through day-to-day operational experience. Although
almost all of our competitors are still attempting to imitate our flyers, none
has yet succeeded in adapting them locally and managing the supply chain challenges
involved in delivering them at store level.
As our skill has developed, we have been able to modify the size and composition
of the store groups through which our deals are delivered. New-style flyers have
now been developed for Fresh to Go superstores, supermarkets and convenience
stores and a special megastore flyer is now distributed from Plymstock. Our flyer
continues to evolve reflecting our new formats and product ranges.
Another refinement in the content of our flyers is the development of inserts
to drive incremental sales in selected product categories, for example beers,
wines and spirits and health and beauty. These have been very effective.
Overall, therefore, our promotional investment is now much more closely geared
to the responsiveness, profitability and sales potential of individual stores,
our objective being not only to increase our sales but to grow profitable sales
by format.
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KP Skips. Prawn Cocktail
7 Pack
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Müller Fruit Corner. All Varieties
175g
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Safeway Softest Bathroom Tissue. All Varieties
4 Roll Pack
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Persil Laundry Powder. All Varieties
2.3kg/2.43kg
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Safeway Medium Whole Chicken. Fresh
1.5kg
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