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The Austrian Retailer Mareike Kerschbaum , Richard Dobisek , Lisa Sattler. Company history. 1962 Foundation of Hofer by Helmut Hofer 1968 Acquisition of Hofer by ALDI 1980 Broadening of the range of promotional items 2001 Special offers 2 times a week
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The AustrianRetailer MareikeKerschbaum, Richard Dobisek, Lisa Sattler
Company history 1962Foundationof Hofer by Helmut Hofer 1968Acquisition of Hofer by ALDI 1980 Broadening of the range of promotional items 2001 Special offers 2 times a week 2002 Launch of organic brand “Naturaktiv”
Company history 2003 Hofer as a travel operator 2005Market entry in Slovenia and Switzerland 2005 Hofer as a mobile phone discounter 2006New organic brand “ZurückzumUrsprung” 2007 Market entry in Hungary and Greece
Company philosophy „Focus on the basics“ • Selective range of products • High quality standards • Constantly low prices • Highest utility for customers • Elaborated and uniform selling concept • Competent management • Store brands vs. brand-named products
Expanding in services • Travel industry • E-tailing – Photoservice • Insurance services • Electronics and mobile (cell) retailing • Petrol station services • Hofer Lineight • BSCI
SWOT - Strengths • Low-cost pricing • Simplified store structure and organization – “Inventory Stores” • Market leader among discount retailers
SWOT - Weaknesses • Lack of known brands • Products offered just in large quantities • Small product range variety • Weak promotion-mix
SWOT - Opportunities • Rapid growth of discount retailing segment in Austria • Shifts in target markets – Crisis • Change of consumer behavior
SWOT - Threats • Tough competition • Discretionary income decrease can reduce sales
Sources • www.hofer.at • www.hoferreisen.at • www.aldi.de • www.aldi.com • http://www.lebensmittelnet.at/article/articleview/63872/1/24306 • http://www.oe24.at/
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