QUESTION 2 (20 Marks) Woolworths has been catering for the upper middle class and well-off folks in the country and value-oriented folks at the lower end of the market. In way it has broken perceptions of being only a "rich man's shop" while offering quality, value products and services to the growing aspiring customers segment in the market. Analyse and discuss how Woolworth Foods sets and manages both strategies in the consumer market, to both ends of the spectrum as market conditions have been evolving.

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter6: Target Markets: Segmentation And Evaluation
Section: Chapter Questions
Problem 17DRQ: Under what conditions might a firm use multiple forecasting methods?
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QUESTION 2
(20 Marks)
Woolworths has been catering for the upper middle class and well-off folks in the country and value-oriented folks at the
lower end of the market. In way it has broken perceptions of being only a "rich man's shop" while offering quality, value
products and services to the growing aspiring customers segment in the market.
Analyse and discuss how Woolworth Foods sets and manages both strategies in the consumer market, to both ends of the
spectrum as market conditions have been evolving.
Transcribed Image Text:QUESTION 2 (20 Marks) Woolworths has been catering for the upper middle class and well-off folks in the country and value-oriented folks at the lower end of the market. In way it has broken perceptions of being only a "rich man's shop" while offering quality, value products and services to the growing aspiring customers segment in the market. Analyse and discuss how Woolworth Foods sets and manages both strategies in the consumer market, to both ends of the spectrum as market conditions have been evolving.
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