------------------------------------------------- Masters in Financial Management ------------------------------------------------- 2011 - 2012 ------------------------------------------------- ------------------------------------------------- Zara: responsive‚ high speed‚ affordable fashion ------------------------------------------------- Strategic Management Prof Dr Peter Verhezen Quynh Lan Nguyen Engaging in irregularities is severely sanctioned in correspondence with article
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CHANGE 자라는 끊임없는 디자인을 통해 상품을 매 시기마다 제작하며‚ 매장의 디스플레이 또한 같은형태로 2주 이상을 지속시키지 않는다. WORD-OF-MOUTH MARKETING 자라는 매장 디스플레이 외에 일절의 미디어 홍보를 하지 않으며 잡지화보 또한 찍지 않는다. 모든 사진은 매장 전시용‚ 혹은 공식홈페이지 전시용이며 오로지 제품에 대한 신뢰를 바탕으로 고객을 통한 입소문을 마케팅 전략으로 삼는다. GREAT STORE LOCATION IN HIGH TRAFFIC AREAS 자라는 매장위치 선정에 있어서 공을 들이며 매출을 기대하며 아무 자리에나 들어서지 않는다. 자라 매장 선정요소에 경우 공개하지 않는 자체기준이 있다. 큰 시장이라고 무조건 입점하지 않으며 매장이 마케팅이자 세일즈인만큼 매장선정에 큰 노력을 가한다. FLEXIBLE PRODUCTION SYSTEM 유럽시장을 위해 포르투갈‚스페인에‚ 미국시장을 위해 멕시코에‚ 아시아시장을 위해 중국에 제조공장을
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LOCATION STRATEGY/PROCESS STRATEGY 1. The locational factors considered in establishing the establishment. Answer: The preference in building an establishment should be one of the factors that an entrepreneur should be considered. As what I concretely observed in one fastfood restaurant i.e Jollibee Virac‚ the or its location is perfectly planned and planted. I can say that it is in perfect location because (1) it is in the vicinity of the center mall which obviously consumers always go there
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THE LOCATION STRATEGY THE STRATEGIC IMPORTANCE OF LOCATION Location has a major impact on the overall risk and profit of the company. Companies make location decisions relatively infrequently‚ usually because demand has outgrown the current plant’s capacity or because of changes in labor productivity‚ exchange rates‚ costs‚ or local attitudes. Companies may also relocate their manufacturing or service facilities because of shifts in demographics and customer demands. Location options
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| | | | [STRATEGY OF ZARA & BURBERRY] | | TABLE OF CONTENTS INTRODUCTION……………………………………………………………….1 STRATEGIES……………………………………………………………………..1 CONCLUSION: COMPARISON ZARA VS BURBERRY…………….4 REFERENCES.……………………………………………………………………5 Introduction ABOUT ZARA… Zara started operations in Spain in 1975‚ and now operates in 74 countries worldwide. Zara is one of the largest international fashion companies and it is owned by INDITEX‚ one of the world’s largest distribution
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CONTENT Report On Zara Global Strategy 1.0 Background Zara is a subsidiary of the Spanish Inditex Group‚ which are a fashion apparel brand and a flagship chain store. It is the third clothiers in the world and the first in the Spain ranking. In 1975‚ the founder-Amancio Ortega opened the first retail stores in the Spain. (PANKAJ and JOsé‚ 2006).The brand founder Amancio Ortega saw a movie that called Zorba the Greek and he decided to use the movie name for their brand name. But‚ there
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The case of Zara – The Postponement strategy I) Introduction In order to compete in the world of rising globalization and shortening of product life cycle nowadays‚ firms have to deal with the demand for increasing product variety to meet the diverse needs of customers. Mass customization has become a requirement for many businesses especially in the dynamic‚ fast-changing industries. However‚ the more product varieties‚ the more difficult it is to forecast demand‚ control inventory and manufacture
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Zara competitiveness as highlighted in number 4 managed to travel globally successfully. As 55% of Zara revenues coming from abroad‚ one can see that Zara was successful in migrating its competitiveness globally. By adapting to each culture‚ Zara has managed to position itself differently in different market. Zara strategy of opening one store for information gathering in the initial phase of entering a new market is one of its key strength points. By starting with such "information gathering" store
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Business Concept 2 Four Perspectives of Operation Strategy 2 Top-Down versus Bottom-Up Perspective 3 Top-Down Perspective 4 Bottom-Up Perspective 4 Market Requirement versus Operations Resources 4 Market Requirement Perspective 5 Operation Resources Perspective 5 Conclusion 5 Reference 6 Introduction Zara is a Spanish fashion and accessories retailers that founded in 1975 by Amancio Ortega and Rosalia Mera (Ledesma‚ 2013). Zara designs‚ manufactures their apparel‚ footwear
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LOCATION STRATEGY FOR BUSINESS Introduction A new branch can be opened by big brands like Jollibee or Mercury Drug almost anywhere and expect people to come through the doors - but picking exactly the right location can mean much bigger profits. For a smaller business‚ knowing where to set up could make the difference between staying open and shutting down. But how do you work out where to open up? Location strategy can help. By understanding things like how people travel‚ you can identify which
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