Who Is The Average Target Shopper?

Prosper Insights & Analytics, notes that the average Target shopper is 42.5 years old and sports a household income of $77,610.

That’s 3.5 years younger $13,408 richer than the average Walmart shopper.

Who is Target’s target audience?

Target typically appeals to customers who enjoy higher incomes by emphasizing high-quality merchandise and low-cost designer fashion.

How much does the average Target store make?

There actually are simple I believe the binational Average target daily sales is around $80k daily average in sales. I had two stores with daily forecasts at $180k and the other at $110–$120k. Some stores can pull up to $300k average (rare) and some (equally rare) $25k.

What is the average income of a Walmart shopper?

The results show that the average American Walmart shopper is 46 years old and white and has an annual household income of just over $76,000. By comparison, Amazon’s average customer is also 46 years old and white and has an annual household income of $84,000.

Who is Kohl’s target market?

Today’s Kohl’s shopper, on average, is between the ages of 35 and 44 – a younger base demographic than Walmart has, but an older base than Target’s core consumers, according to Kantar Retail’s ShopperScape.

Who is Target’s biggest competitor?

Target’s competitors. Target’s top competitors include Macy’s, Kroger, Walmart, Amazon, Best Buy, Alibaba, Costco and TJX. Target is as a general merchandise retailer. Macy’s is a retail company that sells apparel, accessories, cosmetics, home furnishings, and other consumer goods.

What is target known for?

Target is known for its addictive shopping experience, and shoppers often joke about going into a store to make one purchase but end up buying far more. Target uses clever marketing, strategic positioning of products in stores, and a treasure hunt-like shopping experience to keep customers coming back.

How much does store manager make at Target?

Average Target Store Manager yearly pay in California is approximately $114,286, which is 154% above the national average.

How much does a general manager make at Target?

How much does a General Manager make at Target in the United States? Average Target General Manager hourly pay in the United States is approximately $14.03, which meets the national average.

How much does a Target store make in a day?

I believe the binational Average target daily sales is around $80k daily average in sales. I had two stores with daily forecasts at $180k and the other at $110–$120k. Some stores can pull up to $300k average (rare) and some (equally rare) $25k.

How many employees does Target have in the US?

Target’s footprint in the US is vast with more than 1,800 domestic stores and close to 350,000 employees.

What is Walmart’s marketing strategy?

Walmart uses the intensive distribution strategy or intensive distribution channel design for this marketing mix element. In the strategy, the company’s stores and e-commerce websites generally offer the same variety of goods and services, and all stores have similar functions in their operations.

What are Target’s weaknesses?

Target’s Weaknesses (Internal Strategic Factors)

  • Expensive – According to a study conducted by business insider, Target charges about 15% more for groceries compared to Walmart, their biggest competitor.
  • Customer Data Security – In 2014, Target had faced one of the worst data breach incidents.

Is Target worse than Walmart?

Walmart stores tend to be larger than Target stores, and have larger selection. They also tend to sell “cheaper” items than Target. Walmart also has more of a reputation (whether it is deserved or not is for another question) for being uncaring toward its employees and customers.

Is Costco owned by Walmart?

In 1993, Costco and Price Club agreed to merge operations themselves after Price declined an offer from Sam Walton and Walmart to merge Price Club with their warehouse store chain, Sam’s Club. Costco’s business model and size were similar to those of Price Club, which made the merger more natural for both companies.