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
  • 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
  • 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
  • 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
  • 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

    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
  • 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
  • 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

    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
  • Good Essays

    What Is Primark

    • 557 Words
    • 3 Pages

    (I hear you ask). Well as aforementioned, Primark sell at low prices and therefore sell in bulk (do remember this point because it will be returned to later). The quality of their stock is by no means anywhere near the best on the high street. You will find better in Marks and Spencer, BHS or Debenhams for example, no question. However, it's not always all about quality - it's also about value and value is quality compared to price. This is where Primark swim into the lead. Their quality, while not being the best is still reasonable but their prices are simply unbeatable. Nowhere else could you find cheaper socks, jeans, t-shirts, belts, pillows, bras...and so it goes on. To give you an idea, I bought a pair of brown bootcut cords and a thick winter top from Primark which formed a nice, slightly smart winter outfit for £16 (£8 per item). Now that's good. The cords have a seam down the side which indicates lesser quality but the point is, they look good and they last easily long enough to merit the price…

    • 557 Words
    • 3 Pages
    Good 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
  • Powerful Essays

    Primark Research Paper

    • 1348 Words
    • 6 Pages

    It has gained market share at the expense of established clothing retailers such as Next and Marks and Spencer (M&S). It has also battled effectively against supermarkets, such as Asda and Tesco, which offer low-cost clothing lines. Primark’s success has been most apparent in the growing UK womenswear sector which, in 2006, had total sales of £18bn. It has set itself the objective of overtaking M&S and becoming the UK market leader in womenswear. Primark’s recent growth has been rapid. In 2006, it increased its number of outlets by 22 %, and its total selling space by 40 %. Originally, Primark tended to locate in cheap, out-of-town sites in areas of low income. These locations kept costs down and meant that the company was close to its target market. Recently, however, it decided to take its discount approach into the mainstream market. It has begun targeting middle income customers and competing…

    • 1348 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Brand Audit

    • 623 Words
    • 3 Pages

    Your group assignment is to pick a brand from the list of brands(attached) and conduct a thorough brand audit. Each group must study and analyze a different brand.…

    • 623 Words
    • 3 Pages
    Satisfactory 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