February 2007
Intermediate to advanced
288 pages
5h 55m
English
Private labels as a percentage of Aldi’s $43 billion in sales: 95 percent
AS RETAILERS began to analyze the contents of the leading brands and according to their findings recreated them to produce copycat and premium store brands, they discovered that there were opportunities beyond simply copying the branded product. In fact, by brutally confronting each element of cost in the product against the objective value added to the consumer, they could create a good, perhaps even better, quality product at remarkably low prices. This included stripping away most, if not all, of the elements of imagery, like expensive packaging and “superfluous” features.
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