Preview

Primark Strategic Marketing Audit

Good Essays
Open Document
Open Document
5262 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Primark Strategic Marketing Audit
Primark
Strategic Marketing Audit
ARTD3039-26820

25613537

Image One
Primark Facebook

Image Two
Primark Facebook

ontents

1. Executive Summary
2. Brand Introduction
3. Brand Onion
4-5. The Consumer
6-7. Internal Analysis
8. Promotional Strategy
9. Price Strategy
10. Product & Price Hierarchy
11. Product Strategy

Appendix

12. Distribution strategy

24. Brand Identity Prism

14. The Competition
15. Brand Positioning Map
16-17. H&M
18-19. Financial Analysis

25. Rogers Theory of Innovation
26. Consumer Segmentation Table
27. Ansoff’s Matrix Theory
28. H&M SWOT Analysis
29. Like for Like Comparison

20-21. External Analysis

30. PESTLE Analysis

22-23. Objectives

31-32. Bibliography

This marketing audit will critically analyse the current marketing situation for the leading high street brand Primark, with a specific focus around technological influences which impact the consumer, internal, competitive and external factors. The audit will discuss the current objectives and future strategies of the brand, current promotional, product and price strategies and assess the strengths and weaknesses of Primark’s current competitors, including a thorough examination of leading competitor H&M. It will determine the current consumer market for Primark with an in depth analysis on the consumer behaviour and influences.
A financial analysis will critically assess the brands current strengths and weaknesses within the market and concluding with several strategic objectives for Primark to adopt within the brands current business structure.

Image Three
Primark Facebook

-1-

rand Introduction
Offering fast, fashionable product for the low-end cost of the market, Primark are one of the leading high street brands in the UK and Europe, operating through 278 stores across 8 different countries with a mass selling space of 9 million square feet, (ABF Interim Results 2014).
Primark’s strategic unique selling points that are significant to the brands core and values are to offer



Bibliography: of 9 million square feet, (ABF Interim Results 2014).

You May Also Find These Documents Helpful

  • Good Essays

    “The company’s strong operating performance, multi channel operations and strong specialty store network are it key strengths, even as concentration on the US market remains an area of concern.”…

    • 612 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Unit 37 P2

    • 1501 Words
    • 4 Pages

    Customers: Although Primark produces in Bangladesh and India, their main customer base is in Europe. Customers point of view is to buy products that are cheap and of good quality. Without the customers, Primark as a company would not survive because in all situations, customers are the main priority and their needs have to come first. Customers are vital stakeholders because they can instantly choose to spend their money on another company that could turn out to be a competitor for example, Primark former customers could start shopping at New Look. As a result of Primark’s unethical behaviour, customers will benefit in a positive way. The reason why customers will benefit from Primark’s unethical behaviour is because products will be cheaper for them to purchase instead of going to other clothing stores like River Island. This is also a benefit to customers because most of Primark’s stores are based and operate in Ireland, U.K and even Europe so customers will find it as a cheaper alternative not knowing that Primark’s workers earn low payment.…

    • 1501 Words
    • 4 Pages
    Good Essays
  • Better Essays

    This assignment is an individual piece of work. It represents 100% of the module mark. Students are required to produce a management report focusing on Primark – a strategic business unit of Associated British Foods Plc. An assignment should demonstrate that you possess a high level of understanding about the operations of the company in the United Kingdom, which is the geographical focus of the analysis. You are expected to conduct your own research. The report should not exceed 4,000 words (excluding references and appendices) and should have the following structure with each section numbered exactly as shown below. Make sure you use exactly this structure for your report as otherwise penalties will apply.…

    • 1828 Words
    • 8 Pages
    Better Essays
  • Best Essays

    Brand Audit of John Lewis

    • 3400 Words
    • 14 Pages

    This report will look at the current market position of the John Lewis brand and the key points of their branding. The reason for auditing the brand of John Lewis is because they are a well-established company and have built up a strong image over many years. John Lewis has a clearly defined image and a clearly defined target audience, which can be associated through their brand values, their service and their products.…

    • 3400 Words
    • 14 Pages
    Best Essays
  • Good Essays

    Mountain Man Brewing

    • 1801 Words
    • 8 Pages

    To explore brand equity: its creation and using brands as platforms for growth; the risks and benefits of a product line extension (including congruent vs. incongruent extensions) using an existing brand name; and the concepts of cannibalization and brand alienation. To practice marginal analysis, breakeven analysis, net present value (NPV) analysis, and sensitivity analysis, emphasizing the difficulty in choosing between qualitative and quantitative information in making key strategic decisions.…

    • 1801 Words
    • 8 Pages
    Good Essays
  • Good Essays

    To address the wage issue Primark also explain on their website how they share their factories with other retailers and these other companies are also luxury companies – so just because they have low prices doesn’t mean they pay low wages. They actually operate under the living wage scheme which is £7.85 in most of England and £9.15 in London. It is breaking the law to pay anyone under the minimum wage and so Primark go above and beyond this by taking part in this scheme. Primark then also make sure they are recognised as ‘green’.…

    • 833 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Market Responding quickly to emerging trends has been a key success factor for retailers such as Topshop, which has carved out a reputation for its ability to pre-empt the latest catwalk styles at affordable prices and with the shortest possible lead times. The UK market for women’s clothing is forecast to grow by almost 10% between 2003 and 2008 to reach a value of nearly £12.8 billion. Tops will remain the largest sector contributing a value of £2.9 billion by the year 2008, accounting for almost 23% of value sector share (Source: Euromonitor) Achievements…

    • 372 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    pestle

    • 2228 Words
    • 9 Pages

    In the UK, communities may have the concern that Primark is not acting ethically within their area, many people in the UK are concerned with Ethical trading and will not shop in certain places if they feel like the company is not acting ethically. By having a Primark store in a town this will enable more jobs to come up in that area which is good for the community, however some people may be concerned that a Primark store could make the towns too busy and therefore there will be an effect on the environment if more people are using cars in that area. Primark is trying to work with students in the UK to teach them more about ethical issues and how these can be resolved so that they can show that they are trying to act as ethically as possible within these communities.…

    • 2228 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    In this work the audit was conducted for Plan Canada, which is a part of the worldwide charity organization Plan International. The main objectives of the report are to understand an overall market position of the brand and to research the following questions:…

    • 620 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Burberry Strategic Analysis

    • 3179 Words
    • 13 Pages

    This report is a strategic review of Burberry PLC and analyses the Environmental factors that surround the business. It looks into Resource, competence and culture analysis. Each section analyses Burberry and critiques the models. A SWOT analysis and TOWS matrix are then formed to outline three options of which one has been recommended.…

    • 3179 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    Unit 38

    • 1622 Words
    • 7 Pages

    I am writing to you to assess and put my views across towards how Primark could improve its operations ethically.…

    • 1622 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Questions

    • 321 Words
    • 2 Pages

    1. Many methods of valuing brands have been discussed, including those by Interbrand and Millward Brown (WPP BrandZ), which each use a wide range of criteria in their calculations. Discuss the strengths and weaknesses of these two models and suggest improvements to them…

    • 321 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Rapid changes in media, transport and communications technology have made the world economy more interconnected now than in any previous period of history. Nowhere is this more evident than in the world of textile manufacture and clothing distribution. Consumers want fashionable clothes at affordable prices.…

    • 3879 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    Thermos Ethos

    • 898 Words
    • 4 Pages

    Auditing a brand is one of the best ways to get an in-depth understanding of brand equity and current brand standing in its specific markets. Understanding a brand and how they compete against competitors on what they have to offer is very important. Brand auditing is a way for companies to identify and evaluate problem areas to end up with a positive result. It is a way to figure out where the company’s current state is at in the markets and also see what changes can be made in order to improve the brand.…

    • 898 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    primark

    • 327 Words
    • 2 Pages

    Primark is a very large, popular retailer with stores not only in the UK but all over the world. It has a total of 262 stores, most of them in the UK. Its very sucesssful.The prices are very cheap because the clothes are low quality of the products. Primark sell different products like women clothing, men clothing, shoes, accessories, baby clothing, children clothing, underwear, swimwear and nightwear. The store I am using as my example of a large retailer is located in the heart of Liverpool. Primark uses both competitive pricing and up to date fashion to attract customers which is a very good mix for a clothing retailer.…

    • 327 Words
    • 2 Pages
    Satisfactory Essays