Today me and my business group went to the business trip.
We were at the city centre and were comparing prices and
competiton strategy of two competitors Covered Market,
which is on the High Street, and Gloucester Green Wednesday
Market which is on the George Street.
First of all me and Mary went to the Covered Market.
I have noticed that Covered Market is much more clean and
tidy than Gloucester Green Wednesday Market, It has four
entrances which is very useful for customers.
There are a lot of shops in the Covered Market. Most of them
are food shops, including traditional market shops selling fresh
food such as greengrocers and butchers but there are a lot of
other shops such as gift shops, bakeries and sandwich shops.
Also there are a lot of cafe and restaurants where you can have
some coffee or sandwiches.
Prices at the Covered Market are higher than at the Gloucester
Green Wednesday Market for some products but it is also cheaper
than at some big supermarkets. I haven't noticed big differences
between prices of them but maybe for some producs they are
cheaper a lot.
I think the main problem of the Gloucester Green Wednesday Market
is that it operates only once a week and it doesn't have such
good conditions as the Covered Market.
Diseconomies of scale
7 years ago
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