Popular Bookstore: Evolving into an omni-channel retailer

In 2020, amid the coronavirus pandemic, Chou Cheng Ngok, CEO of Popular Holdings Limited, a local multiproduct bookstore in Singapore, wanted to develop an omni-channel retail strategy to make up for the loss of foot traffic at the store. The book industry was already changing rapidly due to digitis...

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Main Authors: DA SILVA, Geoffrey, Chan, Chi Wei
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2021
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Online Access:https://ink.library.smu.edu.sg/cases_coll_all/383
https://smu.sharepoint.com/sites/admin/CMP/cases/SMU-21-BATCH%20%5BPDF-Pic%5D/SMU-21-0017%20%5BPopular%5D/SMU-21-0017%20%5BPopular%5D.pdf?CT=1635497014390&OR=ItemsView
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Institution: Singapore Management University
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spelling sg-smu-ink.cases_coll_all-13972022-06-22T07:33:50Z Popular Bookstore: Evolving into an omni-channel retailer DA SILVA, Geoffrey Chan, Chi Wei In 2020, amid the coronavirus pandemic, Chou Cheng Ngok, CEO of Popular Holdings Limited, a local multiproduct bookstore in Singapore, wanted to develop an omni-channel retail strategy to make up for the loss of foot traffic at the store. The book industry was already changing rapidly due to digitisation. Books became available on electronic readers and the advent of e-commerce gave online retailers a cost advantage over brick-and-mortar stores when it came to rental expenditure and sourcing from the cheapest distributors located anywhere in the world. While many local bookstores went out of business, Popular had managed to succeed by understanding the needs of its target audience. For instance, students and their parents would buy tuition materials to supplement the official curriculum in an effort to excel in Singapore’s competitive education system. Popular also sold other ancillary products such as stationery and electronic gadgets. As brick-and-mortar stores continue to lose market share to online retailers, Chou wanted to implement an integrated omni-channel approach to provide a better experience for consumers. This case can be used to teach concepts related to competitive strategy and omni-channel retail strategy. In analysing the case, students will be able to learn about issues faced by the book industry, apply the SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis to determine Popular’s competitive position, and examine strategies used by traditional retailers and e-commerce players to meet changing consumer needs. 2021-10-01T07:00:00Z text https://ink.library.smu.edu.sg/cases_coll_all/383 https://smu.sharepoint.com/sites/admin/CMP/cases/SMU-21-BATCH%20%5BPDF-Pic%5D/SMU-21-0017%20%5BPopular%5D/SMU-21-0017%20%5BPopular%5D.pdf?CT=1635497014390&OR=ItemsView Case Collection eng Institutional Knowledge at Singapore Management University E-commerce Omni-channel Brick and mortar Consumer behaviour E-Commerce Marketing
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic E-commerce
Omni-channel
Brick and mortar
Consumer behaviour
E-Commerce
Marketing
spellingShingle E-commerce
Omni-channel
Brick and mortar
Consumer behaviour
E-Commerce
Marketing
DA SILVA, Geoffrey
Chan, Chi Wei
Popular Bookstore: Evolving into an omni-channel retailer
description In 2020, amid the coronavirus pandemic, Chou Cheng Ngok, CEO of Popular Holdings Limited, a local multiproduct bookstore in Singapore, wanted to develop an omni-channel retail strategy to make up for the loss of foot traffic at the store. The book industry was already changing rapidly due to digitisation. Books became available on electronic readers and the advent of e-commerce gave online retailers a cost advantage over brick-and-mortar stores when it came to rental expenditure and sourcing from the cheapest distributors located anywhere in the world. While many local bookstores went out of business, Popular had managed to succeed by understanding the needs of its target audience. For instance, students and their parents would buy tuition materials to supplement the official curriculum in an effort to excel in Singapore’s competitive education system. Popular also sold other ancillary products such as stationery and electronic gadgets. As brick-and-mortar stores continue to lose market share to online retailers, Chou wanted to implement an integrated omni-channel approach to provide a better experience for consumers. This case can be used to teach concepts related to competitive strategy and omni-channel retail strategy. In analysing the case, students will be able to learn about issues faced by the book industry, apply the SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis to determine Popular’s competitive position, and examine strategies used by traditional retailers and e-commerce players to meet changing consumer needs.
format text
author DA SILVA, Geoffrey
Chan, Chi Wei
author_facet DA SILVA, Geoffrey
Chan, Chi Wei
author_sort DA SILVA, Geoffrey
title Popular Bookstore: Evolving into an omni-channel retailer
title_short Popular Bookstore: Evolving into an omni-channel retailer
title_full Popular Bookstore: Evolving into an omni-channel retailer
title_fullStr Popular Bookstore: Evolving into an omni-channel retailer
title_full_unstemmed Popular Bookstore: Evolving into an omni-channel retailer
title_sort popular bookstore: evolving into an omni-channel retailer
publisher Institutional Knowledge at Singapore Management University
publishDate 2021
url https://ink.library.smu.edu.sg/cases_coll_all/383
https://smu.sharepoint.com/sites/admin/CMP/cases/SMU-21-BATCH%20%5BPDF-Pic%5D/SMU-21-0017%20%5BPopular%5D/SMU-21-0017%20%5BPopular%5D.pdf?CT=1635497014390&OR=ItemsView
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