Preview

Markting Mix

Powerful Essays
Open Document
Open Document
1493 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Markting Mix
Marketing Mix Activity
2. Zara's Objectives, Strategies and Problems. 2.1 Objectives

The first objective for Zara is to continue their expansion in countries like Switzerland, Italy, and Czech Republic and also on other continents: Latin America and Asia. A second objective is to continue their stores' growth in the countries where already exists in order to consolidate its position and increase its market share. By the accomplishment of the two objectives Zara is looking to create enduring profitable growth.



2.2 Strategies

I will start with the product market penetration used by Zara and more precisely with the product line stretching (one of the tactics allowed by the product market penetration) and we can see in

OUR MISSION STATEMENT
ENVIRONMENTAL POLICY
Through Zara’s business model, we aim to contribute to the sustainable development of society and that of the environment with which we interacts. The company's commitment to the environment is included in Inditex Group’s Corporate Responsibility Statement, published on our website: www.inditex.com.
The following are some of the objectives and actions included in the framework of the group's environmental commitment and have a direct impact on our shops and customers:
AT THE STORE * - We save energy. * - The eco-friendly shop. * - We produce less waste, and recycle. * - Our commitment extends to all our staff. * - An environmentally aware team.
We save energy. The eco-friendly store.
We are implementing an eco-friendly management model in our shops in order to reduce energy consumption by 20%, introducing sustainability and efficiency criteria. This management model sets out measures to be applied to all processes, including the design of the shop itself, the lighting, heating and cooling systems and the possibility of recycling furniture and decoration.
We produce less waste and recycle. Recycling hangers and alarms, which are picked up from our shops and

You May Also Find These Documents Helpful

  • Good Essays

    Zara Case Write-Up

    • 1277 Words
    • 6 Pages

    The business idea of Zara is to link customer demand to manufacturing, and to link manufacturing to distribution. And based on this general idea, Zara has several essential elements for its business model. First, speed and decision making, which means that in the external level, Zara need to respond very quickly to demands of target customers, and always keep in style. While for the inside, Zara treasure intelligence and judgment of common employees who enjoy a great deal of autonomy. Second, its marketing, merchandising and advertising strategy. Zara does not spend on virtually advertising, while it spends heavily on stores, and no selling online because of the nature of its DCs and complication of online selling. Also, Zara has clear positioning that its clothes are always in style and not for durable use. Third, Zara has lots of stores and large scales, which has promising financial achievements as well as potential growth point. In general, Zara has a business model of preferences for speed and decentralized decision making.…

    • 1277 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    zara case study

    • 670 Words
    • 3 Pages

    In the business model of Zara, the stores are playing a huge and important role. First, Zara do not invest in advertising, they consider that the stores, the shop front, the image given by the store is the more efficient way to make a good…

    • 670 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Zara Swop

    • 474 Words
    • 2 Pages

    Zara has established itself successfully over the course of five years since the opening of its first retail store in Spain in 1975. We must now consider further opportunities of growth with a sole purpose of gaining further international recognition in order to maintain our mark as a top leader in the retail industry amidst the competition of the fashion industry.…

    • 474 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    DQ4 Zara

    • 1143 Words
    • 4 Pages

    Currently, Zara depends on their European markets for their profit. According to MarketLine SWOT Analysis, it is where they are getting most of their revenues. Nowadays though, the European economy is in slow motion that the company might not get enough profit for years unlike their other competitors who are guarded in such risks (6).…

    • 1143 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    Zara Case Memo

    • 1034 Words
    • 5 Pages

    Following is an analysis of Zara 's current expansion strategy into the US retail market and recommendations on future tactics to ensure a successful expansion. Zara 's expansion strategy thus far has been quite successful; however, with every new store opened, its ability to maintain an efficient centralized production system and a strong, unique culture will be diminished.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Good Essays

    La La La

    • 1074 Words
    • 5 Pages

    Inditex, the parent company of ZARA, committed to customers in their social responsibility policy that inspires all the activities from the store, where their requirements are noted; to the table of the designers, who transform those wishes into fashion proposals; and including the production processes to make the garments and the logistical distribution,…

    • 1074 Words
    • 5 Pages
    Good Essays
  • Better Essays

    Zara International was a retail shop originated in La Coruna, Spain in 1975. It was clothing and accessories shop and imitated the latest fashion trends and sold them at a lower cost. It became Zara International after entering Portugal in 1988 and then the United States and France in the 1990s. The distributor for this brand is Inditex and is considered the most successful retail chain in the world. Zara has a business strategy that is very different from the retailers nowadays. If a customer orders a product Zara’s distribution centers can have the items in the store within 24 to 48 hours of receiving the order, depending upon the country. The business plan that Zara’s executives made was very innovative and played a great part in the success of this retail chain. Not only has it been successful and profitable in the past, they are successful in the present and have been expanding their brand all over the world…

    • 992 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    ZARA IT for Fast Fashion

    • 1545 Words
    • 7 Pages

    After reading and analyzing the Zara case we came several conclusions when it comes to Zara’s competitive advantage over its competitors. We understood that Zara is using totally distinctive business model compared to other more traditional fashion retailers. In our opinion there are three most important advantages that Zara has over its competitors. These are : IT Software/internal information flow, Factory locations/Geographic placement, Just in Time approach. We believe that these three factor are the main determinants when it comes to Zara’s strong current position on the market. Below I will go more in detail and explain every single factor individually.…

    • 1545 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Global Expansion:It was only in 1988, Zara decided to venture into the international market. This was spurred by Portuguese youths crossing the border into Spain to shop in Zara. Hence, Zara responded by opening its first store in Oporto, Portugal. The expansion strategy proved to be a success. Subsequently, new stores popped up in New York (1989) and Paris (1990), the fashion capitals of the world. Since then, more stores have opened globally to a standing of 1,671 stores. Zara Company has become an icon for Spanish fashion.…

    • 1642 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Zara marketing plan

    • 2429 Words
    • 10 Pages

    This academic paper analyzes the marketing aspects and theories that are being applied to the company Zara, and analyzes and evaluates the marketing performance of the company.…

    • 2429 Words
    • 10 Pages
    Best Essays
  • Best Essays

    star bucks

    • 1743 Words
    • 8 Pages

    committed to a role of environmental leadership in all facets of our business' a positive approach…

    • 1743 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    * 6. ZARA- Goals These goals helped to formulate a unique value proposition: to combine moderate prices with the ability to offer new clothing styles faster than its competitors.…

    • 1071 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Zara Supply Chain China

    • 1183 Words
    • 5 Pages

    In 1975 the first Zara shop was founded in Spain. In 1976-1984 In-Spain expansion takes place. In 1988 it enters Portuguese market. Followed by US and France, it quickly becomes world-brand and until 2006 it had 52 countries which held retail operations of the company.…

    • 1183 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Ethical or Not

    • 512 Words
    • 3 Pages

    In the sales area, Nau makes use of the Web and customers can purchase from the Web through self-service kiosks in the store. Nau may be adopting the stakeholder approach because it works to meet the environmental demands of various stakeholders including employees, suppliers and the community. It is socially responsive. This approach diminishes the in-store inventory and reduces the use of energy and materials. Since less energy and fewer materials are used, less greenhouse gas is produced through energy generation. This decelerates rate of global warming and natural resource depletion. It is wise for Nau to carry out this action because this action saves operating expenses and respect and protect the natural…

    • 512 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Business management

    • 570 Words
    • 3 Pages

    We aim to deliver an environmental sustainability strategy that delivers cost reductions, reduces environmental impacts, increases revenue opportunities and enhances our reputation in all locations in which we operate.…

    • 570 Words
    • 3 Pages
    Good Essays