Monday, May 6, 2019
Zara Marketing Plan Essay Example | Topics and Well Written Essays - 2000 words
Zara Marketing Plan - Essay showcaseFrom this discussion it is clear that the corporation responds quickly and more efficiently to customers demand in the commercialise and in so doing, Zara has remained in the forefront in delivering the latest fashion to customers at a fair damage in locations like Paris and New York. Zara operates in more than 77 countries since 1990s, a business that has crowing from 6 stores in the year 1979. Later, several retail operations stores sprout up in major(ip) Spanish cities before going global as from 1988. The expansion of its market shows the growth in size, drudgery and customer demand. To ensure sustainability in the market and satisfaction of customers, the company invests in innovation and creativity to raise the introduction of new brands which targets different segments of customers in the market such as the Pull & Bear, Massimo Dutti, and the Bershka.This composing stresses thatthe ability to identify the consumers in need of the l atest fashion and international brands has been the drive towards international growth. This presents Zara to opposite large competitors in the market such as Victorias Secret and GAP as salutary as from new entrants. The highly targeted market is women as they account for 60% of the company sales. In display, guidance saw to it that products were mixed from skirts, shirts, to pants a move that enabled customers to get and buy, unique-well combined outfits.... In display, management saw to it that products were mixed from skirts, shirts, to pants a move that enabled customers to get and buy, unique-well combined outfits. The firm has experienced exponential growth while employing its flexible and high-speed business model as this has enabled the sales to increase from $8.15 zillion in 2006 to $17.2 billion in 2011. This is facilitated by the continual global expansion of its market as this has the company to open branches in 77 countries with over 4000 overall stores globally ( Hansen 12). Analysis of issues The major issues facing Zara includes maintaining a strong and effective customer c atomic number 18, optimization of the high development and training cost as well as maintenance of the companys ability of effectively responding to market needs. The production system of Zara is more flexible hence, this calls for an efficient distribution system, fast supply chain and commitment of employees. Moreover, the new breed of shoppers calls for a new variety, freshness and loyalty. The brand should be able to serve the increased demand from a more educated and savvy consumers who demand more choices (Lynn et al 3). The major market comprises of full bodied women who are full size. Clothes are produced that will fit them properly so as to enhance their beauty. This market segment is more conscious on their looks and they enjoy shopping as they are hectic of enculturation lifestyles. In essence, attention is laid on the plus size ladies aged 18-40 who work in ample cities with mid range level of income or those in pursuit of higher levels of education. Customer service is an master(prenominal) tool in marketing and promotion. The company focused heavily on training of its sales group so as they may serve customers more effectively.
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