Professional Documents
Culture Documents
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. With many people turning to eat vegetarian meals, M&S grasps the
consumers need. M&S has high quality of products that are the food and other
products, such as baby products and clothes both for women and men.
Affordable prices
Increasing sales by 2%, while its international sales had increased 5.8%
after the global financial crisis
Customer Services
M&S has high reputation for focusing on customer service. 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 clothes for themselves, the shop assistants will help
them to measure sizes and give them good suggestions.
Weakness
Didn’t address consumers’ needs; (some of the consumers wanted a specific
brand which ms didn t have)
Branding problems
The clothing market of M&S has many segments. In fact, the merchandise, is outmoded
design and cut. In addition, affluent younger consumers prefer purchasing brand-labels,
such as Gap, Next and Topshop.
Inventory issues
Customers complain the defect of e-shooping and delivery services. To some extent,
M&S suffers from the unbalance between the stock and Information Technology
System.
Opportunities
Internet Technology
Internet technology has developed fast, it offers an opportunity to increase the demand
for the online products. In terms of this circumstance, buying products online became a
trend. Customers are getting used to accept the model and adapt it to their daily lives,
and the demand for this kind of products it’s always increasing.
Healthy Eating
People pay attention to the life quality, they request companies to offer varied products
to satisfy their needs. For example, in the food market, M&S does good segmentation in
providing the vegetarian, low fat or organic food. This is the advantage that the
competitors are not aware of.
Marketing Extending
The Company owned stores in Middle East and Hong Kong which were largely
successful.
Threats
Low consumer confidence and inflationary pressures compounded by rising
fuel prices during the global financial crisis; (in other words, consumers were less
responsive to marketing promotions and less likely to make impulse purchases
because of their limited disposable income).
International competition intensified (Zara, H&M, Debenhams, Next, Wal-Mart);
They provide not only high quality but also value-added products to build
customers’ loyalty. In the clothing market, Gap, Next, Topshop and other
fashionable brands may compete with M&S