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Analysis of the current situation
Marketing Plan NOW danny abramovich
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Chapter 1out of 4
Macro Environmental
Analysis
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1.1 Macro environmental analysis
- Being exposed to the news allows you a higher level of awareness of the business environment.
- Certain environments influence your business more than others.
- What are those environments?
www.MarketingPlanNOW.com
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1.1 Macro environmental analysis
- There are several “models” that comprise the abbreviations of the following environments:
- Political
- Economical
- Social
- Technological
- Legal (or Regulatory)
- Ecological
- Among the titles of the same “model” are
PEST, PESTLE, SLEPT & STEER
We prefer PESTO
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1.1 Macro environmental analysis
P
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Political
Social
Others
Economical Technological
Legal Ecological
PESTO sauce is easy to remember and is best when it’s fresh - the same goes for your news. www.MarketingPlanNOW.com >>
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1.1 Macro environmental analysis
- You should evaluate the level of dependency of your business to each PESTO environment.
- You should briefly describe the top two relevant environments as per their level of influence.
- Examples: importer of branded fashion = social & economical developer of email marketing software = tech & legal
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