The Analysis of Zara Essay
University of Sunderland
The faculty of Business and Law
Module Title: Marketing Management
Module code: PGBM15
The market analysis of ZARA
Student Name: Xia Tang
Tutor: Steve Storey
Module Leader: Sudipta Das
Date of submission: 16th June 2014
Introduction of ZARA 1
1 Dynamics and trends within the marketing environment of ZARA. 1 1.1 Introduction of marketing environment 2 1.2 Macroenvironment-----PESTLE analysis of ZARA 2 1.3 Microenvironment analysis of ZARA 4 1.4 Poter’s three generic strategies on ZARA 4 1.5 SWOT analysis of ZARA 5
2 The importance of market …show more content…
This assignment is going to analyze the market environment and making some achievable plans for the future. This process would be critical and crucial because it leads to decisions that are basis for future actions and these vital decisions for future development will determine the future of the company in this field.
1 Dynamics and trends within the marketing environment of ZARA.
1.1 Introduction of marketing environment
Marketing environment can be defined as the forces and factors outside marketing which have an impact on marketing management’s abilities(Armstrong et al. 2008). The macroenvironment elements consist of political, legal, regulatory, societal, technological and economic and competitive forces. Meanwhile, The microenvironment elements contain the company, customers, competitors, marketing intermediaries, suppliers and publics. Furthermore, internal and external environment can be analysed by SWOT analysis. Generally,a successful business system will take all the factors into consideration.
1.2 Macroenvironment-----PESTLE analysis of