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What Are The Factors That Influence Aldi Customer Choice

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Executive Summary As Aldi has already established itself as a large discount supermarket chain with over 10,000 stores in 18 different countries including Australia (2001), and holds a large market share in the grocery world due to its business culture and market leading initiatives. This report aims to provide the ALDI board of directors with: An outline of the main factors that influence ALDI’s customer choice. A description of the marketing processes used by ALDI. An evaluation of the main marketing strategies that are employed by ALDI. 1.0 Influences on Marketing To grow as a company, managers must understand that there are three main influences that impact on the function of marketing: Factors influencing customer choice Consumer Laws Ethical influences However, with respects to Aldi there are two main influences to the company's’ marketing, consumer laws and economics (Dhal, 2015). 1.1 Consumer laws Consumer laws such as The Competition and Consumer act 2010 and the Fair Trading Laws and the Trade Practices Act 1974. regulate how aldi operate as they aim to provide consumers with protection as well as regulating certain trade practices that restrict competition. In accordance to the above consumer laws, the majority of aldi’s products “come with a manufacturer’s warranty that can last for one or more years” (Aldi, 2017) which offer their customers a degree of assurance that the company’s products are of an acceptable quality. To be specific, Aldi’s weekly

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