Asda has outlined a radical new strategy that it claims will make it the first genuinely transparent business that puts the customer at the heart of its decision-making process.
The Wal-Mart-owned grocerâs chief executive and president Andy Bond today outlined three planks to the strategy, which include placing webcams in parts of its business and consulting customers directly during the buying process.
Bond said: âEvents over the past year mean that faith in big businesses is lower that itâs ever been. By lifting the lid on how we do things we will become a leader in transparency. Our new model is run by the consumer for the consumer. Itâs a fundamental shift of power as we revolutionalise the decision-making process.
âFrom today our customers become core decision makers. Weâre opening the company up in a way no company has done before.â
Bond â who again ruled out becoming the chief executive of Marks & Spencer, saying âIâm not going to M&S, end of storyââ heralded a ânew era of democratic consumerismâ.
He said: âLoyalty canât be bought by plastic cards and money-off vouchers. It has to be earnedâ.
As part of its new strategy, Asdaâs âChosen by Youâ initiative allows customers to get involved in decisions made in âevery aspect of the businessâ. Asdaâs existing community of 18,000 shoppers will be given âunique accessâ to products before they go in the store, and will be âempowered to become core decision makers in the business, involved at each step of the processâ.
âYour Asdaâ is an âaccess all areas window into the world of Asdaâ.
A new blog on Asdaâs website, Aisle Spy, allows visitors to view parts of the business filmed by webcams.
Asda said it eventually wants to enable customers to âtrace the journey of every Asda product: from farm to fork or warehouse to wardrobeâ.
A web cam has been placed in a carrot processing plant near Selby, as well as Asda House in Leeds. Bond did not rule out positioning webcams throughout its entire supply chain, or even in the board room. âWeâve got nothing to hide,â he said. âWe are genuinely committed to being led by our customers.â
The retailer will also open a new âtransparentâ store in Gorseinon, South west Wales next year, which will feature glass walls as well as screens on the shop floor showing whatâs going on behind the scenes.
The third strand to the strategy is called âBright Ideasâ. Launched next year, Asda will reward customers who come up with innovative ideas that save the business money. For example, if an idea saves the retailer ÂŁ2m, the person will be rewarded with ÂŁ100,000.
Bond added: âOur customer knows best, so it makes absolute sense to harness that experience.â
He also said if customers wanted access to his expenses he would give it to them. âBring it on,â he said.


















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