Please wait while the transcript is being prepared...
0:04
Aldi is a global discount
supermarket chain
with its global
headquarters in Germany.
The company operates
under two divisions,
Aldi north and Aldi south,
and collectively operates over
5,000 stores throughout
Europe, the UK,
and the United States,
with expansion plans including
a presence in the Far East.
Aldi's global annual revenue
exceeds €100 billion.
We are going to examine
Aldi US consisting of
over 2000 stores
operating in 37 states.
Aldi's projection for
2022 is to have 2,500
stores at operation with over
$15 billion in revenue
in the US alone,
Aldi is expected to become
the third largest grocery chain,
following Walmart and Kroger.
Clearly Aldi has become
a major force in the global
grocery store market.
We will look at Aldi US
headquartered in
Batavia, Illinois,
and how they've implemented
a customer satisfaction survey
is part of assessing
their business practices.
Aldi names this survey
the Tell Aldi survey
signifying the desire of Aldi
to hear from its customers.
Aldi's strategy focuses on
providing high-quality
products at low prices.
Aldi reduces the
cost of shopping for
both their business
and for the customers.
Aldi's business model is
simple and efficient.
Through their customer
experience research,
they've discovered that
customers are willing to accept
some shopping inconveniences to
maintain quality and pay
less for their groceries.
Aldi identifies their customers
priorities through
their Tell Aldi survey,
and they align these priorities
with their business model.
A deliberate aspect
of Aldi's strategy
is to deliver what
customers say they
care about the most,
and they found that to be
great quality and low prices.
Aldi asks their customers if
the ultra conveniences in frills
that grocers offer is
what they really want,
or is this just a
business practice
that's been replicated
by companies
competing against
each other instead of
satisfying their
customers preferences.
Now, Aldi took a risk with
this unconventional approach,
and they discovered
that delivering
unwanted expectations
impedes them
from truly satisfying
their customers.
They believe they can only
exceed customers expectations by
learning those expectations
through their Tell Aldi survey.