American Outfitters Success
Autor: Bataan5 • June 21, 2015 • Term Paper • 908 Words (4 Pages) • 779 Views
Running Head: DISCUSSING URBAN OUTFITTER’S SUCCESS 1
Discussing Urban Outfitter’s Success
Edwin Rodriguez, Jr
Dr. Amayah
Introduction to Business
Assignment #2
May 23, 2011
DISCUSSING URBAN OUTFITTER’S SUCCESS 2
What does it mean when an individual is capable of starting a business that blossoms into
a company that drives customers to keep buying? It basically means that the particular
entrepreneur who started the organization took the time and risk to follow a specific goal or
market plan. That goal was to make a profit and most importantly, make long lasting
relationships with the customers who will continue to buy their products.
Let’s discuss Urban Outfitter’s success for a bit. According to the basic principals of
business, utility is the ability to provide goods and services while keeping the customer highly
satisfied during their shopping experience (Kelly & McGowen, 2010). Urban Outfitters and
their team of marketers and fashion designers were smartly able to scrutinize their target
markets, while facing larger competitors in the same arena. Because this company is capable of
establishing grounds for customers to have a unique shopping experience, they are creating
customer loyalty, which means that customers will go out their way to pay more money for a
better experience. Customers would prefer this, rather than shopping at a Big Box store (large
retailers).
Why large retailers like Sears or Wal-Mart can’t be as successful or as trendy as Urban
Outfitters? For this Niche type retailer, Urban Outfitter’s success stems from how they target
their market and its members, quantity versus demand, location of their retail stores and the
uniqueness of their many establishments. Large retailers are unable to perform or operate like
Urban Outfitters because they are only about being the biggest and richest
...