Design Thinking Case Study, NTU, Singapore: Launched in 2011, Redmart Singapore is an online grocery retailer that provides a selection of more than 4,000
University | Nanyang Technological University (NTU) |
Launched in 2011, Redmart Singapore is an online grocery retailer that provides a selection of more than 4,000 groceries and home essentials to Singapore households. Roger Egan, founder and Chief Executive Officer has aspirations for RedMart to be like e-commerce giants, Amazon and eBay one day. The company sees itself as a logistics and technology company and its mission is to be the “eBay for consumer packaged goods manufacturers”.
What started out as a business targeting the expatriate crowd has changed over time. By 2015, three-quarters of its customers were locals, working professionals, mainly women between 25 and 44 years old, and were likely to be millennials and Gen-X Singaporeans who shopped both online and offline (Nielsen, 2015).
Hire a Professional Essay & Assignment Writer for completing your Academic Assessments
Fast forward to 2016, RedMart has more than 20,000 items on its online shopping site. It has launched the RedMart Relay service that provides personal shopping services for consumers who want hot meals, household items, or electronic goods delivered to their homes within one hour of ordering.
Although RedMart appears to have enjoyed rapid growth in a short span of time, it is still a young start-up company facing direct competition from bigger supermarkets and other online competitors. Despite its aggressive marketing efforts and investment in technology, RedMart’s chief executive, Roger Egan notes that many Singaporeans still prefer grocery shopping at supermarkets and wet markets over shopping online.
RedMart needs to understand why these shoppers are not shopping with RedMart and have to find ways to persuade the shoppers to shop with RedMart. What else can RedMart do to seek new opportunities for business growth and expansion in order to stay competitive?
Buy Custom Answer of This Assessment & Raise Your Grades
Elevate your learning with a Case Study Writer in Singapore. Our expert team crafts top-notch assignments for NTU, Singapore students, including Design Thinking case studies. Say goodbye to stress and hello to success with our premium assignment help online.
- ACFI3004 Australian Taxation Assignment: Residency & 2025 Income Assessment for Heny and Joceline
- PESTEL Analysis Assignment 2: Fitness Studio Expansion into Thailand & Vietnam
- CSIT213 E-Commerce System Assignment 1: Java OOP Implementation Without Collections for Manual Array Management
- A2369C cGMP Compliance Assignment: CAPA Report on Audit Non-Conformities in Pharma Quality Management (PQM)
- E2419C Health Logistics Assignment: Cold Chain & Dangerous Goods Management in Pharma Supply Chain
- AVET104 Fundamentals of Biology Assignment: The Story of Signals, Energy & Expression Inside the Cell
- Workplace Health & Safety Review: Risk Assessments 1 and Accident Data Analysis
- Sensible Risk Assessment 2 Report: Personal Reflection on Workplace Report and Future Growth
- ACLP M1P TAE Written Assignment: Applying Skills Framework, Assessment Planning & Instructional Design for Learner-Centric Education
- EGH222 Employee Sick Days Prediction Assignment: Regression Model Using Demographic and Lifestyle Data
UP TO 15 % DISCOUNT