Tracking purchase behavior

Assignment Help Business Management

Reference no: EM1352036

Tracking Purchase Behavior

Describe how this process may affect the Kudler Fine Foods in terms of domestically and globally.

Input- Frequent Shopper Program
Main Action- Tracking Purchase Behavior
Output- Revenue Increase

Frequent Shopper Program (Revenue Increase) - Kudler's new initiative is tracking purchase behavior at the individual customer level and providing high value incentives through a partnership with a loyalty points program. The customer purchase behavior patterns will help Kudler refine its processes and offerings to best satisfy their valued customers. Price is not the primary differentiating factor for Kudler consumers; these consumers are focused on quality and finding specialized items. Therefore, rather than providing everyday discounts to the customers for their purchase frequency like lower end markets, Kudler has partnered with a loyalty points program to provide customers with points which can be redeemed for high end gift items, airline first-class upgrades, or other specialty foods.

Inputs are usually a supplier product or service. Main action is the transformation of such products or services, and output is the target or desired product.

Describe how the above process may affect the Kudler Fine Foods in terms of domestically and globally.

Reference no: EM1352036

Questions Cloud

Important information about organizational structures : What are the characteristics, advantages, and disadvantages of various organizational structures?

Compute the sustainable growth rate : Faulk Corporation is going through a period of growth. The corporation just paid a dividend of $1.50 per share and expects dividends to grow at a 22 percent rate for next sevenyears and then level off to a constant rate thereafter.

Presume a baseball player had 243 hits in a season : Presume a baseball player had 243 hits in a season and the random variable x represents the number of hits the player obtained in a game.

Important ideas for legislators to get from your testimony : Suppose the legislature in your state is debating the adoption of UCITA. What are the three most important ideas you want your legislators to get from your testimony?

Tracking purchase behavior : Tracking Purchase Behavior - Describe how this process may affect the Kudler Fine Foods in terms of domestically and globally.

Draw a labelled diagram corresponding to each mode : Consider two simple pendulums p and q of equal length l and mass m1 and m2 respectively. assume the bobs of the pendulum are connected to each other by a weightless spring of force constant k such that in the equilibrium position,the spring is uns..

Management in a mobile society : What are the management issues in a geographically mobile society? Provide an experience/example that supports your views.

Stages of human development-erikson : Identify Erikson's eight stages of human development and discuss the conflicts associated with each of them. Do you agree with his stages? Why or why not?

Evaluate options considering future gold prices : Strik-It-Rich can postpone the expansion for a year by buying a purchase option on the land for $25,000. What should Strik-It-Rich's management do?

User Account

All Pages