Preview

Marks and Spencer Swot

Better Essays
Open Document
Open Document
2171 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marks and Spencer Swot
2.0 SWOT ANALYSIS
Strengths

High quality:-
High quality is the major strength that makes M&S successful. Customers always find high quality goods such as fresh fruits,vegetables, and other superior goods in M&S's food hall (Ciao,2002). With many people turning to eat vegetarian meals, M&S grasps the customer's need. M&S has high quality of products that are the food and other products, such as baby products and women's underwear.

Customer Services:-
M&S has high reputation for focusing on customer service.(Christie,2002). This is one of the most important methods to make a good relationship between customers and M&S. For example, when women want to buy underwears for themselves, the shop assistants will help them to measure sizes and give them good suggestions.

Shopping Environment:-
Shopping environment also plays a big role as M&S strength, where M&S tries to make customers feel more convenient and comfortable. It makes stores brighter, and uses modern designs (Rungfapaisarn, 2001). All goods in the shop can be seen immediately. Furthermore, customers do not worry about being drowned in many shelves and avoiding multitudinous people.

Manager Training:-
One of M&S's strengths is its strict and excellent manager training system (Retail Technology,1999). Every manager of M&S must be familiar with duty of every post. In fact,managers of M&S are arranged practice of every post. It helps them to improve both work experience and management skills.

Weakness

Clothing Lack Segmentation:-
The clothing market of M&S has many segments. In fact, the merchandise, especially ladies outwear, is outmoded design and cut. In addition, affluent younger consumers prefer purchasing brand-labels, such as Grap, Next and Topshop (Jobber,2001:149). '

Stock Control:-
The non-performance of the home delivery/shopping service even sometimes involves wedding lists. Customers were told that items were out of stock'

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Two dominant approaches that can be used when seeking to market to a broad range of consumers are segmentation and mass marketing. The traditional segmentation view of marketing suggests that market segments should be carefully researched for important differences, and then strategies developed to suit each specific segment. Mass marketing on the other hand favours marketing a product in the same way to all segments based on the assumption that many consumers’ preferences are often quite similar. Which approach is most suited to the marketing of fashion clothing? What are the drivers of purchasing behaviour associated with fashion clothing? Do these drivers differ across market segments or are they generally similar across segments? Market research can be conducted to provide answers to these questions based on evidence collected from consumers. This research project will seek to identify the determinants of fashion purchasing within Australia, with consideration to possible differences across market segments. Interviews will be conducted to explore the drivers of fashion purchase behaviour (first assignment) and then a survey will be used to quantitatively examine these drivers (second assignment).…

    • 378 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Unit 4 D2 business

    • 1933 Words
    • 8 Pages

    Over the last 129 years M&S has grown from a single market stall to become an international multi-channel retailer. They now operate in over 50 territories worldwide and employ almost 82,000 people. Remaining true to their founding values of Quality, Value, Service, Innovation and Trust, we work hard to ensure our offer continues to be relevant to their customers. Through diversifying their store locations, channels and product ranges they are reducing their dependence on the UK and broadening their international focus.…

    • 1933 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Trader Joe's Swot

    • 1348 Words
    • 6 Pages

    While the company proudly stands by its American grassroots by having 97% of its revenue generated domestically, there’s very little emphasis in reaching internationally. Furthermore, the company’s store fronts such as distribution centers, bake-houses and grocers have long-term lease obligations and are subject to its risks. With long-term leases, relocation and lease renewals become problematic. Some have dubbed the store “Whole Paycheck,” meaning you could spend your entire week’s wages shopping there. Cost and target customers aside, according to the company’s Form 10-K, they have enjoyed a 13% growth over FY 2011 totaling $4.1 Million in total gross profit but with nearly $3 Million in direct store expenses. Consequently, the company’s net…

    • 1348 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Morrisons Swot

    • 511 Words
    • 3 Pages

    Emphasis on procuring and distribution of quality British product at competitive price compared to competitors…

    • 511 Words
    • 3 Pages
    Satisfactory 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
  • Good Essays

    M&S’s tool of success is their customers, without them they would not make profit and be successful in the business. Therefore, it is important for them to meet their customer needs and expectations, otherwise customers might leave M&S and look for other companies i.e. Debenhams from where they can get better customers service who is able to meet their needs and wants. M&S offers quality products at a reasonable price which customers can afford; this makes the customers happy and feels the value for the money, this force M&S customers to be loyal customers.…

    • 1855 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Marks and Spencer is one of the leading retail companies in the UK. M&S strategy is based on its vision mission and values which are:…

    • 4872 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Sainsburys objectives!

    • 1259 Words
    • 6 Pages

    It aims in its stores, to achieve the highest standards of cleanliness and hygiene, efficiency of operation, convenience and customer service, and thereby create as attractive and friendly a shopping environment as possible and to offer its staff outstanding opportunities in terms of personal career development and in remuneration relative to other companies in the same market, practising always a concern for the welfare of every individual.…

    • 1259 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Essay On Abercrombie

    • 1012 Words
    • 5 Pages

    Young shoppers (target market) nowadays are less interested in the logo-centric clothes and more eager to shop for electronic or go to low cost, “fast fashion” chains like Zara, Forever 21 and H&M that offer greater variety more quickly.…

    • 1012 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Marks Spencer

    • 9814 Words
    • 38 Pages

    For managers at Marks & Spencer the year 2000 was turning out to be a less than auspicious…

    • 9814 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    Marks and Spencer

    • 1280 Words
    • 6 Pages

    The module provides opportunities for students to develop and demonstrate knowledge and understanding, qualities, skills and other attributes in the following areas and by the end of this module, learners must be able to:…

    • 1280 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    marks and spencers

    • 1355 Words
    • 6 Pages

    M&S’ Plan A TV channel shows videos of suppliers, such as a Berkshire dairy farmer, a North Sea Haddock fisherman and a South African fruit grower, and is just one of the ways in which the retailer looks to inform customers about its food sourcing.…

    • 1355 Words
    • 6 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Swot of Tesco

    • 288 Words
    • 2 Pages

    A SWOT analysis should begin with Tesco's strengths. Look for information on its main assets. Investigate its main competition, from supermarkets to finance companies, and determine ways in which it might become stronger. Focus especially on financial resources--the company was valued at £23 billion in 2008. Try and find newspaper articles relating to Tesco's strengths.…

    • 288 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Swot of Macy

    • 2316 Words
    • 10 Pages

    Macy’s, America’s leading department store retailer, has a rich history dating back to 1858 when it was started off as a small dry goods store by Rowland Hussey Macy 's. At come that time, no one would have guessed that the store would grow on to become one of the largest department store retailers.…

    • 2316 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    The fashion and retail industry tends to be overly youth focused which is not entirely bad but has the disadvantage of resulting in monotonous trends. However, by closely following generational fashion trends as well as our own customers' purchasing preferences, we design our inventory to meet the broad needs of our clientele. We will solely focus on western yet locally appreciated styles, colors and brands to meet the ever vibrant and young aged ever growing market which has an un satiable taste for fashion.…

    • 2043 Words
    • 9 Pages
    Powerful Essays