Final Customer Purchasing from the Product Producer
Acquire Steps: Acquire steps include all activities the customer completes preceding the use or the consumption of the product. These steps include the customer's efforts needed for evaluation and acquisition of the product.
B.
Resources: Reduce resources required for the use of the product
2.
Time – Reduce the time the customer must spend with the product
A. Reduce steps the customer must use with the product
Bring products closer to the customer
Bring current products closer to new customers
Cover a broader geographic market with current products
Add current products where average customer volume is low
Serve customer segments with low unit volume
No. | Year | SIC | Note |
1 | 2002 | 5812 | Panera Bread can concentrate on growth without worrying too much about competition. It operates in a unique way between quick service and casual dining. Most of the markets Panera operates in are largely under-penetrated. Panera stores are open for breakfast and lunch. Though they don't serve formal dinners, they stay open till early evenings. Breakfast makes up 18% of sales, lunch accounts for 54% and post lunch sales bring in 22%. Each unit brings in annually $1.7 million. The company's focus is in regional malls. Panera competes with causal dining places such as PF Changs and Cosi. |
2 | 2002 | 7011 | The big hotel companies have begun to band together to try to compete more directly with the wholesaler's sites. Hilton, Hyatt, Marriott, Six Continents and StarWood teamed up to form Hotel Distribution System LLC or HDS. |
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