Will Boots benefit from Treat Street or will it have a negative impact Dissertation

Will Boots benefit from sh atomic number 18 Street or will it have a negative impact on the perception of their commitment card - Dissertation Exampletotal sales as estimated in 2008 in the Health and sweetie sector worth 17.7 billion pounds out of which 36 % of the total was accounted for Boots. Boots being the largest single retailer in the cosmetic and wellness perplexity division leads the market with innovative activities gets the customers. In spite of being the attraction in the sector Boots also was hit very badly during the period of recession. Due to the economic interim in the late 2008 consumers also became very price sensitive in the market. Along with this problem the agonistical environment also forced the market leader Boots to rethink on its sales strategies and the discount and promotional campaigns to pull together market dish out. For this reason the company implemented several strategies likes giving discounts and scheme cards to attract customers. Rev iew showed that close 16% of the customers bought more and increased the sales during discount period. Loyalty Cards are introduced by Boots to encourage consumers to avail discounted price and thus become a more loyal customer to the brand. With the change in society and consumers buying habit Boots introduced a more Advantage Card plough Street which gives the existing customer some extra benefits. This research is done in order to breakthrough whether Boots benefit from this Advanced Card or it has a negative impact on the perception of their loyalty card holders. About the Company Boots group, PLC is the leading beauty and health care retailer and one of the ruff cognise companies at United Kingdom. Boots is one of the members of Alliance Boots which is one of the leading international pharmacy-led health care and beauty group. Boots was established in the year 2006 when The Boots Company PLC was merged with the Alliance Unichem. As of 2010, the company operates in over 20 countries and is sold in over 130 countries around the world leads the market with about 3250 outlets at different locations. Though the company operates in pharmacy and cosmetic/toiletries scarce it is not known as the specialist in that section only, rather it is popularly classified as a flux good retailer. With the growing trend towards self-medication the sales of Boots is mainly concentrated to three main products categories i.e. analgesics like Nurofen, Strepsils for spit up and cold remedies and also skin care products like Clearasil. Though the company dominates in their own effort segment but they faced a lot of difficulties to grab the market share. As of 2008 the market share of Boots was about 35.9% of the total market. The main problems behind this difficulty are especially building by the warring brands mainly the supermarkets with toiletries segment. Customers always prefer to have a single point to purchase all there needed products rather than going to diffe rent stores and buy different products of their need. This is the main reason for the huge increment of the shopping malls and super markets. Though these supermarkets dont have much variety in products but they attract the customers with good amount of discounts and offers. Along with this due to economic recession in late 2008 the health and beauty sector was very badly hit which affected the purchasing power of the customers also. Thus to gain market share Boots worked out on their sales strategies thoroughly and introduced several discount schemes (Brandy, 2010,