Basic Marketing: A Global Managerial Approach

(Nandana) #1
Perreault−McCarthy: Basic
Marketing: A
Global−Managerial
Approach, 14/e


  1. Improving Decisions
    with Marketing
    Information


Text © The McGraw−Hill
Companies, 2002

place


price


promotion


product


http://www.mhhe.com/fourps


217


http://www.mhhe.com/fourps


place


price


promotion


ct product


With LensCrafters’ new,
patented Accu-Fit Measuring
System, customers are
assured of a perfect-fitting pair
of glasses.

To be sure that service qual-
ity lives up to the advertising
promises, LensCrafters sends
a customer satisfaction survey
to every customer. Surveys are

analyzed by store and used to
find out what’s going on
where. LensCrafters even ties
satisfaction results to
employee bonuses.

To make it convenient for
more consumers to shop at
LensCrafters, the chain has
been aggressively opening
new stores. The firm’s Internet

website (www.lenscrafters.com)

Subsequent LensCrafters
research provided guidance
for turning this opportunity
into a marketing strategy.
Focus group interviews and

consumer surveys confirmed
that most consumers
viewed shopping for glasses
as very inconvenient. Frame
selections were too small,

opticians’ shops were typically
closed when customers were
off work and had time to shop,
and the whole process usually
required long waits and repeat

trips. So LensCrafters put the
labs that make the glasses
right in its stores and kept the
stores open nights and week-
ends. Ads tout LensCrafters’

high-quality, one-hour service.

offers a store locator. Because
the size and growth rate of
various age groups in a
geographic market drive
demand for vision products,

LensCrafters analyzes demo-
graphic data to locate new
stores where profit potential is
greatest. And each store car-
ries a very large selection of

frame styles, lenses, and sun-
glasses tailored to the age,
gender, and ethnic makeup of
the local market.
Managers at LensCrafters

also routinely analyze sales
data that is available in the
firm’s marketing information
system. By breaking down
sales by product, store, and

time period, they can spot
Free download pdf