Preview

Marketing Communications of Next Plc

Powerful Essays
Open Document
Open Document
3317 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Communications of Next Plc
Marketing communication of NEXT plc
Retail outlets and emailing influential people on the product’s behalf similar developments are likely to continue in the future whereby consumer targets become active participants in the design and implementation of marketing communication efforts.
In order to respond most effectively and efficiently to changing world, marketers must have a clear understanding and accurate picture of the directions those changes are taking. Such a picture cannot emerge without a consideration of the evolving nature of business and consumers. The emergence of both enormous technological advances and excessive supply make the prediction of what will happen in the next few years to business in general and the communications business in particular both very easy and very difficult. Very easy because we know that things will have to adapt to the new opportunities and the fact that the customer is king, Very difficult because the things we have grown used to trusting appear to be changing so fast that we cannot understand them anymore, and the approaches that we thought were acceptable to consumers are not so welcome. Much has changed in the way that traditional communications about brands the development of the internet and the World Wide Web has changed the needs of business, and the speed of business. Internet also speeded up the transmission of information around the world that as new approach to products,
NEXT PLC is a retailer operates in UK, offering products in footwear, clothing, home products and accessories. The company distribute through main channels: which consists retail chain of 500 stores in the UK; then Next catalogue, home shopping directory and website more than 2 million active customers and also the company has 180 outlets internationally, the other business that Next includes is Next sourcing, which designs, sources and buys Next branded products through wholesale and retail and website channels, and Ventura which provides

You May Also Find These Documents Helpful

  • Good Essays

    Amp 425 Module 1 Paper

    • 745 Words
    • 3 Pages

    The customers today have become more brand conscious and they prefer branded products over any other products available in the market. Customers have changed their preferences in terms of liking. The technological advancement and increasing use of e-commerce and internet have made the consumers information oriented. Youngsters prefer gathering information about the products and brands online rather than focusing on advertisements. The changing lifestyle of the consumers is also one of the forces. Consumers today look for brand who gives them best value.…

    • 745 Words
    • 3 Pages
    Good Essays
  • Better Essays

    So, the marketer is bound to face many challenges as new companies and new improved products make their entry on the market, the availability of new services brought about by latest technology and the price reduction entailed in the process. The battle for conquering new…

    • 5258 Words
    • 22 Pages
    Better Essays
  • Better Essays

    Defining Marketing Paper

    • 1004 Words
    • 5 Pages

    Companies today compete with more efficient technologies. Customers have better access to their cost options and they communicate to each other in ways not imaginable in the pre-internet era. The changes in competitive environment are numerous. What have also changed are marketing strategies and the marketing programs have available to implement those strategies.…

    • 1004 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    assessment 1

    • 6182 Words
    • 25 Pages

    Next is a relative newcomer to the UK retail market, having opened its first womenswear store in 1982. Within five months the group had 70 outlets open. In 1986 the group acquired mail order company Grattan and two years later launched its own directory business. With over 300 shops the group generates about three quarters of its revenue from its retail outlets. Almost all of the rest comes from its directory arm…

    • 6182 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    In this day and age, technology is developing so rapidly that changes are occurring all across the board. Faster internet, digital photography, and interactive programs are all making advertising and marketing much easier in the ever expanding world of consumerism. With all these new advances, there are bound to be numerous changes.…

    • 733 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Trends are always changing in the marketing world. It is important for companies to stay up to date on new trends in the marketing world. To stay up to date on these trends integrated marketing must take place and that allows for companies to keep up with the expansion of the different marketing channels which includes internet, media and print and all of these are done through communication. “Integrated marketing communication is the encompassing of all marketing tools, avenues, and sources within an organization into one program at a minimal cost that will shape the way customers buy”(Clow & Baack, 2007).…

    • 771 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Good Readers

    • 630 Words
    • 3 Pages

    The consumer products industry has seen dramatic change in the last decade, due to increasing costs in manufacturing, need for innovative products, and decrease in brand loyalty. These changes have created the need to modify previous tactics to continue operating in this competitive industry.…

    • 630 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    As a marketer we have to satisfy the customers by bridging the gap between the available products and services and their current needs. From the past decade the only thing that has changed quite dramatically is the way in which marketers have to approach achieving these goals. Organizations today need overwhelming amounts of data. The complexity in the data analysis is increasing with rapidly changing consumer behavior. This could mainly be attributed to the revolution in the various field like rapid changes in the consumption patterns, availability of alternatives, stringent quality standards, etc which could only get tracked by applying the latest tools provided by the technological advancement.…

    • 605 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Branding in Digital Age

    • 4362 Words
    • 18 Pages

    The internet has upended how consumers engage with brands. It is transforming the economics of marketing and making obsolete many of the function’s traditional strategies and structures. For marketers, the old way of doing business is unsustainable. Consider this: Not long ago, a car buyer would methodically pare down the available choices until he…

    • 4362 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Due to technological innovations, particularly over the last twenty years, businesses have had to adapt the use of the marketing mix in order to maintain or establish themselves within a market.…

    • 1126 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Marketing in the Digital Age

    • 3263 Words
    • 14 Pages

    Marketing – the dictionary meaning is “ the action or business of promoting and selling product or services, including market research and advertising”. Good! It serves the basis for sales, but what does Market Research mean? – Let me check what my dictionary has got – “action or activity of gathering information about consumers needs and preferences”. So the paramount thing around which all these terminologies revolve is “The Consumer” irrespective of the time. This paper will critically assess the evolution of new media and channels and their effective utilization, clearly explaining the phrase “digital age of marketing”. The advancements in the Technology act as an eloquent language for marketing to communicate with the customers. Eventually it explains about the evolution of marketing at various stages and the priorities given at those levels. Thus every part of business marketing is probed to the core and explained.…

    • 3263 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Lindt Italy Case Study

    • 2133 Words
    • 9 Pages

    My consulting project wants to integrate the conventional communication that Lindt has with its customers through several proposals that take into account:…

    • 2133 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Space & Place

    • 1032 Words
    • 5 Pages

    Marketing as we know it is constantly changing with the use of technology and new resources. Individuals, businesses, companies, and firms are becoming more in-tune with better ways to increase their chances to gain customers and to give them what they want. Marketing has become more so about targeting, “What the people want”. Companies are going above and beyond to cater to the consumer and customer. Marketing managers are researching new technologies to bring to the forefront and developing new ideas for companies to explore. In the pass customers and consumers were accustom to in place businesses and now they are getting use to (space) or digital business.…

    • 1032 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    Recently there has been a growing tide of articles, papers and even conferences devoted to the question of the future of marketing (see, for example Brady and Davis, 1993; Coopers & Lybrand, 1993; Mitchell, 1994). Essentially, the point at issue is whether “traditional” marketing is appropriate for the conditions that now prevail in the late twentieth century. The basic principle of marketing still applies, that is the focus of the business on the satisfaction of customer needs, but, it is argued, the way in which marketing is practised may need to change fundamentally. It has to be recognized that there have been some radical changes in the marketing environment since marketing first came to prominence in the early 1960s. Organizations which had even the most rudimentary understanding of the marketing concept were able to reap the harvest of fast-growing markets comprising customers who had money to spend. In such conditions it was easy to believe that the company’s marketing effort was the main driver of this success. In reality that success was due as much to the fact that the business was being carried along with the tidal wave of market growth. The most significant change to impact western companies has been the maturing of the markets in which they compete. Mature markets have certain characteristics which mark them out as being significantly different from growth markets. Chief among the characteristics of mature markets are: • Customer sophistication. In the majority of western economies, today’s customer and consumer has seen it all, they have been there and “bought the T-shirt”. In industrial markets, as well as fast-moving consumer goods markets, the supplier is now faced with a buyer who is much more demanding and less easily persuaded by marketing “hype”. One consequence of this change is the gradual decline in brand loyalty in many markets (Industry Week, 1993). Decline in the impact of…

    • 4551 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Today's Youth Market

    • 825 Words
    • 4 Pages

    With the rising economies such as those in China, India, and the United States, the layout with the fastest-growing middle class consumer markets in the world. Approximately one billion potential customers are starting to earn enough income to afford quality brands and quality consumer experiences that is the good news. On another note, the bad news is traditional marketers in today’s global youth is coming of age in the same dynamic and unpredictable digital media culture that has disrupted old business models and old marketing strategies.…

    • 825 Words
    • 4 Pages
    Good Essays

Related Topics