The document summarizes information about Ace Hardware, a hardware store chain. It details Ace Hardware's extensive product selection, convenient store locations around the world, and commitment to providing helpful customer service. It also outlines Ace Hardware's vision, strategies for communicating with customers, training and supporting franchisees, rewarding loyalty programs, and some areas for potential improvement.
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@*#! ..why
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find everything at
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You might have to
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Wait ! …You can
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Ace Hardware
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Ace Hardware
6. Millions of customers worldwide
shop Ace for its helpful service
and Extensive product offering,
including 65,000 products to help
beautify, repair or invest in their
homes
7. There are currently more
than 4,600 Ace stores in all
50 states and U.S. territories,
and more than
70 countries on six continents
8. As a retailer-owned cooperative,
Ace Hardware is wholly
owned by its independently
operated store owners
9. Ranks in top 50 in the world.
more than 4,600 retail stores and
approximately 80,000 store
associates
employed by Ace retailers.
10. Mission Statement
Ace Hardware Corporation’s mission is to
provide consistent and superior customer
satisfaction in the communities we serve,
revolutionize the independent segment
of our industry and be the market leader
in the convenience hardware / home
improvement market
27. Ace packaging is designed
to inform and educate
consumers in their buying
decisions, enabling
consumers to match
products to their specific
hardware needs.
45. Vision 21 :Instrumental to Ace’s growth is its
Vision 21 strategic plan that details a
program for making Ace the dominant
hardline retailer in the convenience market.
In cooperation with each independent
retailer, the strategy utilizes advanced
technology, improved store design and top-
notch managerial and retail programs for its
retailers.
46. More than 1.6 million
square feet of new Ace
retail space added.
48. Communicate
Ace’s national television, radio and print
campaigns, along with spokesperson John
Madden, work together to promote the ―Ace –
The Helpful Place‖ brand.
49. Communicate
• Ace’s informative and fun Web site —
www.acehardware.com — exemplifies the
company’s commitment to being the most
helpful hardware store on the planet.
• Among features on the site are Lou Manfredini’s
―Ask Lou‖ interactive Q&A section and
―Answers@Ace,‖ where consumers can
research product information and retrieve step-
by-step, illustrated directions for home
improvement projects.
51. Deliver
Ace start-up assistance for Franchisee :
• Finding the right location.
• Store set-up and design, including store planning, visual
merchandising and pricing strategy development.
• Product selection with category management tools and
inventory management best practices.
Ace's comprehensive training covers strategies for:
• Effective store management.
• Managing each revenue center.
• Purchasing and inventory.
• Effective marketing techniques.
• Implementing superior customer service.
• Financial management and back-office procedures.
• GLOBAL SUPPLY CHAIN
53. Sustain
• Knowledgeable CSE & Friendly Customer
Service Representatives
• Special Offer Announcements
• Feedback Form
• Suggestion Box
• Dedicated Call Center
• Ace products carry Ace’s Satisfaction Guarantee
with a ―no hassle return policy‖
54. Sustain
• Ace’s best customers for their loyalty. :Customer awards
include a free subscription to Ace’s quarterly magazine,
Ace Homeplace, advanced notification of sales or
special
• Promotions and special item level discounts on select
products.
• To further promote the Ace name to consumers, Ace’s
preferred customer program, the
• Helpful Hardware Club (HHC), was launched in 1997.
Nearly 2,000 retailers currently
• Offer the program to more than eight million customers
nationwide.
• HHC is designed to increase customer visits and
transaction sizes while improving retention and
rewarding.
56. Scope for Improvement
• Website still under construction
• No Special emphasis for collecting Customer
Feedback
• Announcements are not audible
• As the store is vast, water dispensers should be
kept at convenient locations
• The ceiling was not covered by means of false
ceiling, this gave a sense of insecurity.
57. Scope for Improvement
• Furniture at children’s area should be
more round so as to be safer
• Taxi should be made available to the
customer upon exit
• Public calling facility should be made
available within ACE premises
• Temporary baby sitting facilities should be
provided
• Air Ventilation needs to be improved