A L D I

B U S I N E S S  R E P O R T

EXECUTIVE SUMMARY

SITUATION ANALYSIS        

Market Analysis

External Influences: powerful forces outside the business that can affect a whole industry and, in fact, a whole economy.

Some of the most important external influences currently affecting Aldi include:

  • overseas influences  Aldi stores operating in other parts of the world, e.g. USA
  • demographic patterns  various locations of Aldi stores and the reason for their location
  • changing consumer attitudes and values  feelings of consumers towards Aldi products
  • government policy & regulations  introduction of policies etc. e.g. GST & how it will affect Aldi’s products

Internal influences: forces within the business that can affect a whole industry.

Some of the most important internal influences currently affecting Aldi include:

  • characteristics of the products  this determines whether or not consumers will purchase Aldi products
  • financial resources  these have to be available in order to run the business
  • production facilities  determines how well products are made so that they are appealing to consumers

Product Analysis

Each Aldi store sells around 600 of the most popular grocery and household items covering consumer’s everyday needs. These include canned and frozen goods, chilled foods, meat and dairy products, household supplies, baked goods, and a special range of locally bought produce. The key to Aldi’s merchandising strategy is their private label program. They source their own exclusive range of products to exacting Aldi standards.

Join now!

E.G. Product lifecycle of Aldi’s ‘Happy Harvest Sweet Corn’

        INTRODUCTION – sales grow slowly because the product is new and people are yet to accept or try it. The introduction of this product into the market would have been determined by questionnaires and asking consumers what types of products they want to use and purchase.

        GROWTH – sales expand as more people are willing to purchase the product because they have the desired need to use it.

        MATURITY – growth rate of sales starts to slow down due to market saturation, and competition.

        DECLINE – sales start to fall, due to new products ...

This is a preview of the whole essay