Michman and Mazze present five key variables that retailing executives in nine specialty businesses must understand and work with, to gain and sustain competitive advantage in their competitive environments. Innovation, target market segmentation, image development, physical store decor, and human resource managementf are identified and examined. Authors argue convincingly from research and practical experience that these fundamental considerations are crucial to achieving competitive dominance. With up-to-date analyses and extensive coverage of e-commerce and internet retailing as well, their book is essential for retailing executives.
Michman and Mazze find that successful specialty retailers are not all things to all customers, and do not try to be. They are, however, the first to apply new technologies. Authors analyze the development of specialty stores in the U.S. and tie their variables together in an epilogue. Along the way they make clear that by focusing on their five critical variables, we can understand how marketing successes come about and what causes blunders in the nine highly important store categories under their examination here. They point out that not all of their variables need be used concurrently. Some may be more critical than others, and this depends on environmental and competitive conditions. Backing it all up is meticulously developed evidence from their research and personal experience -- all of it presented readably and in a way that practitioners can understand and immediately apply.
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RONALD D. MICHMAN is Professor Emeritus of Marketing, Shippensburg University. He is widely published in professional journals, a member of several editorial boards and an editor of two bibliographies. He has also served as chairman and discussant at various national and regional conferences in his field. He is coauthor of two Quorum books, Retailing Triumphs and Blunders (1995) and The Food Wars (1998), and two published by Praeger Publishers: Lifestyle Market Segmentation (1991), and Marketing to Changing Consumer Markets (1983).
EDWARD M. MAZZE is Dean of the College of Business Administration and holder of the Alfred J. Verrecchia-Hasbro Inc. Leadership Chair in Business at the University of Rhode Island. He is author, coauthor, or editor of ten books and more than 150 articles in numerous journals of his field. Dr. Mazze also serves on the editorial boards of two periodicals and as a member of the Board of Directors of various corporations. Among his publications is one book with Dr. Michman: The Food Industry Wars (1998).
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