“Situational Analysis” [University] [Instructor Name] Introduction to ASOS Pg 1-6 Situational Analysis Pg 6-9 Segmentation Pg 9-10 EXECUTIVE SUMMARY ASOS is the largest UK bases website that sells products related to fashion and beauty…
Download file to see previous pages...
They have had some failures such as targeting to kids; however, they have managed to take that in their stride and now are a bigger and better company than before. Conducting a situational analysis A marketing plan is used to convey the attributes and benefits of a product or service to its potential customers. It comprises of seven steps and one of them is conducting a situational analysis after the introduction stage. This step is one of the essential steps in creating a long term and successful relationship with customers. (Cohen, 1995) Introduction Introduction comprises of the company’s products, prices, placement etc. and what sort of products or services a company sells; essentially the background of the company and what it stands for. (Cohen, 1995) ASOS.com is a UK based website which is the largest online store for beauty and fashion products. It is only online, and it sells its own goods as well as branded goods. Sales have been on the rise since the company started, with profits before tax jumping from 15.7 million pounds to 30.3 million pounds in May 2012. The target market is mainly men and women between the ages of 18 and 34. ASOS headquarters is Camden Town, located in the North of London in a building called the Greater London House. It offers 500,000 product lines ranging from menswear, women’s wear, jewellery, beauty products, accessories and even footwear. The websites target not only UK though, they target other areas such as USA, Germany, Spain, France, Italy, Spain and Australia as well and ships these products to many more countries from UK, which is its central distributor and origin and that is where the headquarters are located. A 2011 report shows that 13.6 million different visitors visit the website every month and there are registered users as well as active users and customers. The fulfillment centre for ASOS is in Yorkshire. ASOS was developed in 2000 in June and its founders are Quentin Griffiths and Nick Robertson. It is UK’s biggest retailer of fashion and beauty products online with more than 2000 employees. The acronym ASOS stands for ‘As seen on Screen’ and it changes stylistically to showcase the image of the brand. It has faced some issues as well, but overall the website has seen success stories. It also developed holdings in 2001 which became part of London Stock Exchange and 2006; it was also the pioneer of online stores launching a catwalk. In 2007, ASOS introduced its ASOS Magazine and it grew to become a lifestyle, and a store as well as launching a mobile and expanding to other areas and eventually opening a new office in Australia. One of the features that ASOS provides its customers is the facility of looking for content on their website with videos of catwalks and pictures and videos of the clothing items. It also runs a fashion blog simultaneously which have articles posted which are related to fashion and beauty topics; such as celebrities and their lives as well as entertaining news and the clothes which they are wearing and available on the site are then provided with links on the blog which leads customers to the main retail page. ASOS also has an outlet which is the discount portion of ASOS and the products that are coming at the end of a line or are from a previous season are at glorious discounts of up to 75%. It is connected to the main site and it is basically a competitor outlet with E-tailers and other discount stores. ASOS also provides the
...Download file to see next pagesRead More
For that, it presents an analysis of its internal and external environments along with a detailed SWOT analysis for the company. This includes an insight into the target market of the company along with the promotion and pricing strategies followed by the company so far in order to create value for its customers.
It will provide an insight on the company’s external and internal environment. Additionally, it will seek to establish the SWOT analysis report for the company. The company recent developments are aimed at establishing the best marketing objectives, and it is crucial to find out which are in practice for the needed sustainability.
These cultural practices are learnt through social interactions within an organization, and this definition emanates from the view that culture is a social phenomenon. All the practices within an organization are as a result of social interactions. Therefore, the organization work culture can be created in that; it does not subsist on its own.
Analysis of the market trends and search of viable information about what the competitors are involved in is useful in making correct decisions which will ensue that the company sustains its operation while providing value to its customers. Conducting a situation analysis for the company is important since it will help in determining the strengths, weaknesses, opportunities and threats facing the company hence enabling it make informed decisions that will spearhead it to success.
One of the ways that global health can be readily improved is by reducing the number of deaths that occur as a result of diarrhea and dehydration each and every year. Conservative estimates state that around 1.8 million individuals die annually as a result of these compound killers.
and J International Ltd. popularly known as Clarks Company is an international shoe company based in Britain with the company registering significant sales in shoes as at 2010. Clarks has also grown in terms of product innovation to establish new generation active footwear from the old manufacture of professional boots.
They also state that in a leadership setting, the leaders should adjust their behavior to suit maturity level of their followers. They had their illustrated their four levels of maturity in what they came up with as a situational leadership model. They referred to it as
The political aspect of the region contributes to the problem of the people of Indonesia (Clinton, 2011, p. 45). In this regard, the policy framework of the administration of West Papua does not give preference to the unemployed