IN POWER POINT FOR TARGET AND COSTCO their diferences and si
IN POWER POINT FOR TARGET AND COSTCO
their diferences and similarity?
their price war?
their leadership?
planning?
controls and organizing?
their safety?
Solution
There is effective and competitive retail business established by Costco and Target. They have created a strong retailing business. Costco has a strong growth and it has improvement in customer traffic as an important goal as it\'s income comes from membership fees.
Target has higher profits compared to Costco. It has comparatively better outlook for the purpose of growth of earnings. The strategy of Costco is related to the sale of most products provided at lowest possible prices. There is low gross margin for Costco as compared to target. There is stronger profit profile for target.
Costco does not have effective raw profit strength and consistent growth. This is because of its dependability on the membership fees.
There is an effective gradual development strategy applied hy Costco. This has made planning easier its approach helps to keep the operating expenses in control. Costco concentrates in driving sales it has better control and organizing as compared to target. Target has well defined and controlled planning for its extensive marketing. Costco does not have the approach as it does not advertise and there are only limited number of items sold
