SlideShare a Scribd company logo
1 of 19
Jeevan Visualize
Jeevan Visualize
Major M&S Divisions in 1988




                              Jeevan Visualize
Firm Infra Structure

Human Resource management


   Technology Development   M
                            A
           Procurement      R
                            G
                            I
                            N


                            Jeevan Visualize
Industry Sales Growth Rate                              BCG matrix




                             48% textile                   40% food & 12%
                                                             housewares




                                   Relative Market Share Position           Jeevan Visualize
Problem
      UK market is getting saturated and
      expansion efforts had been
      inadequate to keep pace with the
      growing range of Marks and Spencer
      goods.



                                     Jeevan Visualize
Jeevan Visualize
“Our plan is to grow MARKS & SPENCER into a world-
class retailer that’s customer-focused, fast-moving and
flexible. We work hard to ensure we offer only the
highest quality products, service and shopping
environments in all of our stores. Our brand values –
quality, value, service, innovation and trust – are more
important than ever. Our commitment to these values
sets us apart from our competitors, and enables us to
offer our customers something truly special.”




                                                   Jeevan Visualize
Jeevan Visualize
Jeevan Visualize
Jeevan Visualize
Market leader                                                                                              Market Challenger

                High
        Product




                                         Niche                                                                                                      Market Follower

             Low




                                                        Early                                                                                                                          Late
                                                                                                                     Market Entry
                                                                                                                                                                                                                           Jeevan Visualize
The firm with the largest market share is the market leader. That means most of the consumers consumes its product or service. The market leader usually has the highest marketing expenditures, distribution, price changes, and new product innovations. This
                                                                              company is at top position it set the trends and all the rivals tries to compete with this market leader.
Jeevan Visualize
STRENGTHS
                                               - High recognition of brand
                                               - Large number of outlets and high street
                                               presence
                                               - Popular designer labels/sub-brands, i.e.      W EAKNESS
                                               St.Micheal                                      - Ageing customer base
                                               - Niche market success for food                 - Bad publicity as it is being considered
                                               - Wide variety of products                      as old-fashioned store.
                                               - Paternalistic relationship with employees     - Manual working increasing the costs.
                                               - Geographically based divisions
                                               - Backward integration-Integration with the
                                               suppliers
                                               - Adequate information processing- EPOS




                                               SO Strategies
                                               •Increase in specialist stores/outlets using
OPPORTUNITIES
                                               the recognition of the MARKS &                  W Strategies
                                                                                                 O
- Internationalization-Increasing the global
                                               SPENCER brand                                   •Use of designer labels both internal
presence
                                               •Use recent popular MARKS & SPENCER             and external to attract younger
- Increase in online shopping
                                               labels to develop sub-brands under              audience
- Growth areas home/food/beauty
                                               MARKS & SPENCER brand umbrella.                 •Working more on e-commerce in order
- Desire for labels/ branded goods
                                               •Possibility   of    use     of     celebrity   to curtail costs and increase online
- Consumers more prepared to purchase a
                                               endorsement.                                    shopping.
wider variety of products from one source
                                               •Increasing global presence to capture
                                               large target market world wide.


                                               ST Strategies
THREATS                                                                                        W Strategies
                                                                                                 T
                                               •Increase diversity of product range in
- Increased Competition in all MARKS &                                                         •Refurbish Children's wear (7-14 yrs) in
                                               order to stand out in the cut-throat
SPENCER business areas                                                                         reaction to increased competition to
                                               competition.
- Prior inability to adapt to changing                                                         generate long term profits in this growth
                                               •Using the information system to be pro-
customer needs                                                                                 market
                                               active in adapting to the customers need.
                                                                                                                   Jeevan Visualize
New




                              Retail format
                                                               Diversification
                              development
Retail Format

                Existing




                           Market penetration              Market expansion




                                       Target Market Segment
                           Existin
                                                                      New
                             g
                                                                                 Jeevan Visualize
Proposed strategy: Market Expansion

Marks and Spencer along with its existing retail format
will pursue its expansion plans in different geographic
regions as demand is increasing in the global market.

The product lines are increasing in number to cater the
emerging need of consumer and in order to keep pace
with the growing range of products and different product
lines, Marks and Spencer could opt for market
expansion.



                                                  Jeevan Visualize
Jeevan Visualize
Following retail mix will be used to implement the strategy:
Product                   own brand
Price             affordable
Place             distribution outlets, ecommerce
Promotion         above the line (ATL)
People            Well trained professional staff
Process           Quick service; integrated Customer Service
Physical Evidence Good ambiance



                                                               Jeevan Visualize
In order to sustain profitability M&S should pursue

market expansion strategy to exploit opportunities in

worldwide markets as natural limit of growth in few

              countries is completed.




                                                  Jeevan Visualize

More Related Content

What's hot

Zara Global Strategy
Zara Global StrategyZara Global Strategy
Zara Global StrategySamarth Gupta
 
MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...
MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...
MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...RIYA JAIN
 
Marks and Spencers - The Phoenix Rises
Marks and Spencers - The Phoenix RisesMarks and Spencers - The Phoenix Rises
Marks and Spencers - The Phoenix RisesKaran Jaidka
 
Marketing mix - Lifestyle vs Shoppers stop
Marketing mix - Lifestyle vs Shoppers stopMarketing mix - Lifestyle vs Shoppers stop
Marketing mix - Lifestyle vs Shoppers stopAashiya Khan
 
Understanding Merchandise Mix of Marks & Spencers store
Understanding Merchandise Mix of Marks & Spencers storeUnderstanding Merchandise Mix of Marks & Spencers store
Understanding Merchandise Mix of Marks & Spencers storeSrishti Raut
 
Mango Market Report PDF FINAL
Mango Market Report PDF FINALMango Market Report PDF FINAL
Mango Market Report PDF FINALNnali Shigella
 
Zara Case Study presentation
Zara Case Study presentationZara Case Study presentation
Zara Case Study presentationSouvik Mukherjee
 
PESTEL and Five Forces Analysis of Giorgio Armani
PESTEL and Five Forces Analysis of Giorgio ArmaniPESTEL and Five Forces Analysis of Giorgio Armani
PESTEL and Five Forces Analysis of Giorgio ArmaniLisa Fernando
 
SALES AND DISTRIBUTION CASE STUDY study h&M
SALES AND DISTRIBUTION CASE STUDY  study h&MSALES AND DISTRIBUTION CASE STUDY  study h&M
SALES AND DISTRIBUTION CASE STUDY study h&Mrutikaingle1
 
ZARA Social Media Strategy
ZARA Social Media StrategyZARA Social Media Strategy
ZARA Social Media StrategyKaren Chiang
 
Presentation on H & M Marketing Analysis
Presentation on H & M Marketing Analysis Presentation on H & M Marketing Analysis
Presentation on H & M Marketing Analysis Md. Refat Hossain
 
Supply Chain Management of Zara (Case Study)
Supply Chain Management of Zara (Case Study)Supply Chain Management of Zara (Case Study)
Supply Chain Management of Zara (Case Study)Neha Chauhan
 
Shoppers Stop Merchandising Assortment
Shoppers Stop   Merchandising AssortmentShoppers Stop   Merchandising Assortment
Shoppers Stop Merchandising AssortmentKunal Agrawal
 

What's hot (20)

Zara Global Strategy
Zara Global StrategyZara Global Strategy
Zara Global Strategy
 
MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...
MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...
MARKETING STP ANALYSIS AND COMPARISION OF DIFFERENT ON STP BASIS OF DIFFERENT...
 
Marks and Spencers - The Phoenix Rises
Marks and Spencers - The Phoenix RisesMarks and Spencers - The Phoenix Rises
Marks and Spencers - The Phoenix Rises
 
Zara
ZaraZara
Zara
 
Marketing mix - Lifestyle vs Shoppers stop
Marketing mix - Lifestyle vs Shoppers stopMarketing mix - Lifestyle vs Shoppers stop
Marketing mix - Lifestyle vs Shoppers stop
 
Understanding Merchandise Mix of Marks & Spencers store
Understanding Merchandise Mix of Marks & Spencers storeUnderstanding Merchandise Mix of Marks & Spencers store
Understanding Merchandise Mix of Marks & Spencers store
 
Mango Market Report PDF FINAL
Mango Market Report PDF FINALMango Market Report PDF FINAL
Mango Market Report PDF FINAL
 
Zara Case Study presentation
Zara Case Study presentationZara Case Study presentation
Zara Case Study presentation
 
H&M Brand Audit
H&M Brand AuditH&M Brand Audit
H&M Brand Audit
 
Marks & Spencer Strategic Analysis
Marks & Spencer Strategic AnalysisMarks & Spencer Strategic Analysis
Marks & Spencer Strategic Analysis
 
New Concept Stores for M&S
New Concept Stores for M&SNew Concept Stores for M&S
New Concept Stores for M&S
 
P R I M A R K
P R I M A R KP R I M A R K
P R I M A R K
 
PESTEL and Five Forces Analysis of Giorgio Armani
PESTEL and Five Forces Analysis of Giorgio ArmaniPESTEL and Five Forces Analysis of Giorgio Armani
PESTEL and Five Forces Analysis of Giorgio Armani
 
Forever 21
Forever 21Forever 21
Forever 21
 
SALES AND DISTRIBUTION CASE STUDY study h&M
SALES AND DISTRIBUTION CASE STUDY  study h&MSALES AND DISTRIBUTION CASE STUDY  study h&M
SALES AND DISTRIBUTION CASE STUDY study h&M
 
ZARA Social Media Strategy
ZARA Social Media StrategyZARA Social Media Strategy
ZARA Social Media Strategy
 
Presentation on H & M Marketing Analysis
Presentation on H & M Marketing Analysis Presentation on H & M Marketing Analysis
Presentation on H & M Marketing Analysis
 
ZARA
ZARAZARA
ZARA
 
Supply Chain Management of Zara (Case Study)
Supply Chain Management of Zara (Case Study)Supply Chain Management of Zara (Case Study)
Supply Chain Management of Zara (Case Study)
 
Shoppers Stop Merchandising Assortment
Shoppers Stop   Merchandising AssortmentShoppers Stop   Merchandising Assortment
Shoppers Stop Merchandising Assortment
 

Viewers also liked

Mark and spencer ppt
Mark and spencer pptMark and spencer ppt
Mark and spencer pptankit_misra
 
Marks & Spencer - Retail Project
Marks & Spencer - Retail ProjectMarks & Spencer - Retail Project
Marks & Spencer - Retail ProjectSaad Munir
 
Marks And Spencer The Better 1
Marks And Spencer The Better 1Marks And Spencer The Better 1
Marks And Spencer The Better 1Marcus McGowan
 
Marks and Spencer 5 Year Business Plan/Strategy
Marks and Spencer 5 Year Business Plan/StrategyMarks and Spencer 5 Year Business Plan/Strategy
Marks and Spencer 5 Year Business Plan/StrategyAminul Hoque
 
The Uppsaala Model and Marks & Spencer
The Uppsaala Model and Marks & SpencerThe Uppsaala Model and Marks & Spencer
The Uppsaala Model and Marks & SpencerMayank Beria
 
Marks and spencers
Marks and spencersMarks and spencers
Marks and spencersRajan Mithra
 
TESCO,PRIMARK,AND MARKSPENCER
TESCO,PRIMARK,AND MARKSPENCERTESCO,PRIMARK,AND MARKSPENCER
TESCO,PRIMARK,AND MARKSPENCERJunayed Roman
 
visual merchandising of marks & Spencers
visual merchandising of marks & Spencersvisual merchandising of marks & Spencers
visual merchandising of marks & SpencersJoyita Dey
 
United Colors of Benetton pdf
United Colors of Benetton pdfUnited Colors of Benetton pdf
United Colors of Benetton pdfVictoria Kolosova
 
Mobile CRM webinar
Mobile CRM webinarMobile CRM webinar
Mobile CRM webinarJason Cross
 
marks and spencer harwrd case soln (scmhrd,sidd)
marks and spencer harwrd case soln (scmhrd,sidd)marks and spencer harwrd case soln (scmhrd,sidd)
marks and spencer harwrd case soln (scmhrd,sidd)Siddharth Bhardwaj
 
Visual Portfolio River Island
Visual Portfolio River IslandVisual Portfolio River Island
Visual Portfolio River IslandAysha Lakhani
 
Nuno Rosa Portfolio
Nuno Rosa PortfolioNuno Rosa Portfolio
Nuno Rosa Portfolioguest531c32
 
Assignment of sales and channel marketing
Assignment of sales and channel marketingAssignment of sales and channel marketing
Assignment of sales and channel marketingvarsha nihanth lade
 
Marks & Spencer's presentation
Marks & Spencer's presentationMarks & Spencer's presentation
Marks & Spencer's presentationNicholas111
 

Viewers also liked (20)

Marks and spencer
Marks and spencer Marks and spencer
Marks and spencer
 
Mark and spencer ppt
Mark and spencer pptMark and spencer ppt
Mark and spencer ppt
 
Marks & Spencer - Retail Project
Marks & Spencer - Retail ProjectMarks & Spencer - Retail Project
Marks & Spencer - Retail Project
 
Marks And Spencer The Better 1
Marks And Spencer The Better 1Marks And Spencer The Better 1
Marks And Spencer The Better 1
 
Marks and Spencer 5 Year Business Plan/Strategy
Marks and Spencer 5 Year Business Plan/StrategyMarks and Spencer 5 Year Business Plan/Strategy
Marks and Spencer 5 Year Business Plan/Strategy
 
The Uppsaala Model and Marks & Spencer
The Uppsaala Model and Marks & SpencerThe Uppsaala Model and Marks & Spencer
The Uppsaala Model and Marks & Spencer
 
Marks and spencers
Marks and spencersMarks and spencers
Marks and spencers
 
TESCO,PRIMARK,AND MARKSPENCER
TESCO,PRIMARK,AND MARKSPENCERTESCO,PRIMARK,AND MARKSPENCER
TESCO,PRIMARK,AND MARKSPENCER
 
Marks & Spencer
Marks & SpencerMarks & Spencer
Marks & Spencer
 
visual merchandising of marks & Spencers
visual merchandising of marks & Spencersvisual merchandising of marks & Spencers
visual merchandising of marks & Spencers
 
Vero Moda
Vero Moda Vero Moda
Vero Moda
 
United Colors of Benetton pdf
United Colors of Benetton pdfUnited Colors of Benetton pdf
United Colors of Benetton pdf
 
Mobile CRM webinar
Mobile CRM webinarMobile CRM webinar
Mobile CRM webinar
 
marks and spencer harwrd case soln (scmhrd,sidd)
marks and spencer harwrd case soln (scmhrd,sidd)marks and spencer harwrd case soln (scmhrd,sidd)
marks and spencer harwrd case soln (scmhrd,sidd)
 
Visual Portfolio River Island
Visual Portfolio River IslandVisual Portfolio River Island
Visual Portfolio River Island
 
Nuno Rosa Portfolio
Nuno Rosa PortfolioNuno Rosa Portfolio
Nuno Rosa Portfolio
 
Assignment of sales and channel marketing
Assignment of sales and channel marketingAssignment of sales and channel marketing
Assignment of sales and channel marketing
 
Westside
WestsideWestside
Westside
 
Reebok
ReebokReebok
Reebok
 
Marks & Spencer's presentation
Marks & Spencer's presentationMarks & Spencer's presentation
Marks & Spencer's presentation
 

Similar to Marks & spencers retail

Projects Olivier Guenot 1996 to 2010
Projects Olivier Guenot 1996 to 2010Projects Olivier Guenot 1996 to 2010
Projects Olivier Guenot 1996 to 2010oguenot
 
Jon Bains - The People vs. The Brand
Jon Bains - The People vs. The BrandJon Bains - The People vs. The Brand
Jon Bains - The People vs. The BrandAltex Marketing OÜ
 
Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...
Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...
Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...Mack McCoy
 
Sponsorship Objective
Sponsorship ObjectiveSponsorship Objective
Sponsorship ObjectiveCik Fiqa
 
Huong dan de_tai_tot_nghiep_marketing_manager
Huong dan de_tai_tot_nghiep_marketing_managerHuong dan de_tai_tot_nghiep_marketing_manager
Huong dan de_tai_tot_nghiep_marketing_managerViệt Long Plaza
 
Napi fit IMC campaign || A.Tantawy
Napi fit IMC campaign || A.TantawyNapi fit IMC campaign || A.Tantawy
Napi fit IMC campaign || A.TantawyAbdelrhman Tantawy
 
Roles In Marketing
Roles In MarketingRoles In Marketing
Roles In Marketingeisens
 
Product strategy development
Product strategy developmentProduct strategy development
Product strategy developmentDivya Prabhu
 
Samsung case study
Samsung case studySamsung case study
Samsung case studyJujhar Sidhu
 
Bo4.5 ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...
Bo4.5   ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...Bo4.5   ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...
Bo4.5 ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...ECR Community
 
Course 7 - Market Size
Course 7 - Market SizeCourse 7 - Market Size
Course 7 - Market Sizede-pe
 
Brand unilever product walls
Brand unilever product wallsBrand unilever product walls
Brand unilever product wallsAliraza Afzal
 
Mrktg retail final
Mrktg retail finalMrktg retail final
Mrktg retail finalVivek Verma
 
Conference Call 3Q09
Conference Call 3Q09Conference Call 3Q09
Conference Call 3Q09JBS RI
 
Emnos Insight Portal - Product Folder
Emnos Insight Portal - Product FolderEmnos Insight Portal - Product Folder
Emnos Insight Portal - Product Folderemnos
 

Similar to Marks & spencers retail (20)

Projects Olivier Guenot 1996 to 2010
Projects Olivier Guenot 1996 to 2010Projects Olivier Guenot 1996 to 2010
Projects Olivier Guenot 1996 to 2010
 
Jon Bains - The People vs. The Brand
Jon Bains - The People vs. The BrandJon Bains - The People vs. The Brand
Jon Bains - The People vs. The Brand
 
Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...
Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...
Opening Your Innovation Channels for Effective Product Advantage by Jeofrey B...
 
Sponsorship Objective
Sponsorship ObjectiveSponsorship Objective
Sponsorship Objective
 
Huong dan de_tai_tot_nghiep_marketing_manager
Huong dan de_tai_tot_nghiep_marketing_managerHuong dan de_tai_tot_nghiep_marketing_manager
Huong dan de_tai_tot_nghiep_marketing_manager
 
Napi fit IMC campaign || A.Tantawy
Napi fit IMC campaign || A.TantawyNapi fit IMC campaign || A.Tantawy
Napi fit IMC campaign || A.Tantawy
 
Roles In Marketing
Roles In MarketingRoles In Marketing
Roles In Marketing
 
Developing Sub-Brands
Developing Sub-Brands Developing Sub-Brands
Developing Sub-Brands
 
Product strategy development
Product strategy developmentProduct strategy development
Product strategy development
 
Samsung case study
Samsung case studySamsung case study
Samsung case study
 
Marketing Planning
Marketing PlanningMarketing Planning
Marketing Planning
 
Retail Brands
Retail BrandsRetail Brands
Retail Brands
 
Bo4.5 ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...
Bo4.5   ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...Bo4.5   ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...
Bo4.5 ECR Europe Forum '08. Breakthroughs in understanding in-store behavio...
 
Pp chap008
Pp chap008Pp chap008
Pp chap008
 
Brand longevity
Brand longevityBrand longevity
Brand longevity
 
Course 7 - Market Size
Course 7 - Market SizeCourse 7 - Market Size
Course 7 - Market Size
 
Brand unilever product walls
Brand unilever product wallsBrand unilever product walls
Brand unilever product walls
 
Mrktg retail final
Mrktg retail finalMrktg retail final
Mrktg retail final
 
Conference Call 3Q09
Conference Call 3Q09Conference Call 3Q09
Conference Call 3Q09
 
Emnos Insight Portal - Product Folder
Emnos Insight Portal - Product FolderEmnos Insight Portal - Product Folder
Emnos Insight Portal - Product Folder
 

More from MVIT

Boxing Day bu Shruthi Valyapurackal Babu
Boxing Day bu Shruthi Valyapurackal BabuBoxing Day bu Shruthi Valyapurackal Babu
Boxing Day bu Shruthi Valyapurackal BabuMVIT
 
Television a broadcast media
Television  a broadcast mediaTelevision  a broadcast media
Television a broadcast mediaMVIT
 
Narayana murthy presentation
Narayana murthy presentationNarayana murthy presentation
Narayana murthy presentationMVIT
 
Nike by jeevan copy
Nike by jeevan   copyNike by jeevan   copy
Nike by jeevan copyMVIT
 
Wallmart by jeevan
Wallmart by jeevanWallmart by jeevan
Wallmart by jeevanMVIT
 
Coca cola by Jeevan
Coca cola by JeevanCoca cola by Jeevan
Coca cola by JeevanMVIT
 
Positioning on five dimensions of service quality
Positioning on five dimensions of service qualityPositioning on five dimensions of service quality
Positioning on five dimensions of service qualityMVIT
 
PUMA
PUMAPUMA
PUMAMVIT
 
Amazon.com History, Facts n lots more
Amazon.com History, Facts n lots moreAmazon.com History, Facts n lots more
Amazon.com History, Facts n lots moreMVIT
 

More from MVIT (9)

Boxing Day bu Shruthi Valyapurackal Babu
Boxing Day bu Shruthi Valyapurackal BabuBoxing Day bu Shruthi Valyapurackal Babu
Boxing Day bu Shruthi Valyapurackal Babu
 
Television a broadcast media
Television  a broadcast mediaTelevision  a broadcast media
Television a broadcast media
 
Narayana murthy presentation
Narayana murthy presentationNarayana murthy presentation
Narayana murthy presentation
 
Nike by jeevan copy
Nike by jeevan   copyNike by jeevan   copy
Nike by jeevan copy
 
Wallmart by jeevan
Wallmart by jeevanWallmart by jeevan
Wallmart by jeevan
 
Coca cola by Jeevan
Coca cola by JeevanCoca cola by Jeevan
Coca cola by Jeevan
 
Positioning on five dimensions of service quality
Positioning on five dimensions of service qualityPositioning on five dimensions of service quality
Positioning on five dimensions of service quality
 
PUMA
PUMAPUMA
PUMA
 
Amazon.com History, Facts n lots more
Amazon.com History, Facts n lots moreAmazon.com History, Facts n lots more
Amazon.com History, Facts n lots more
 

Marks & spencers retail

  • 3. Major M&S Divisions in 1988 Jeevan Visualize
  • 4. Firm Infra Structure Human Resource management Technology Development M A Procurement R G I N Jeevan Visualize
  • 5. Industry Sales Growth Rate BCG matrix 48% textile 40% food & 12% housewares Relative Market Share Position Jeevan Visualize
  • 6. Problem UK market is getting saturated and expansion efforts had been inadequate to keep pace with the growing range of Marks and Spencer goods. Jeevan Visualize
  • 8. “Our plan is to grow MARKS & SPENCER into a world- class retailer that’s customer-focused, fast-moving and flexible. We work hard to ensure we offer only the highest quality products, service and shopping environments in all of our stores. Our brand values – quality, value, service, innovation and trust – are more important than ever. Our commitment to these values sets us apart from our competitors, and enables us to offer our customers something truly special.” Jeevan Visualize
  • 12. Market leader Market Challenger High Product Niche Market Follower Low Early Late Market Entry Jeevan Visualize The firm with the largest market share is the market leader. That means most of the consumers consumes its product or service. The market leader usually has the highest marketing expenditures, distribution, price changes, and new product innovations. This company is at top position it set the trends and all the rivals tries to compete with this market leader.
  • 14. STRENGTHS - High recognition of brand - Large number of outlets and high street presence - Popular designer labels/sub-brands, i.e. W EAKNESS St.Micheal - Ageing customer base - Niche market success for food - Bad publicity as it is being considered - Wide variety of products as old-fashioned store. - Paternalistic relationship with employees - Manual working increasing the costs. - Geographically based divisions - Backward integration-Integration with the suppliers - Adequate information processing- EPOS SO Strategies •Increase in specialist stores/outlets using OPPORTUNITIES the recognition of the MARKS & W Strategies O - Internationalization-Increasing the global SPENCER brand •Use of designer labels both internal presence •Use recent popular MARKS & SPENCER and external to attract younger - Increase in online shopping labels to develop sub-brands under audience - Growth areas home/food/beauty MARKS & SPENCER brand umbrella. •Working more on e-commerce in order - Desire for labels/ branded goods •Possibility of use of celebrity to curtail costs and increase online - Consumers more prepared to purchase a endorsement. shopping. wider variety of products from one source •Increasing global presence to capture large target market world wide. ST Strategies THREATS W Strategies T •Increase diversity of product range in - Increased Competition in all MARKS & •Refurbish Children's wear (7-14 yrs) in order to stand out in the cut-throat SPENCER business areas reaction to increased competition to competition. - Prior inability to adapt to changing generate long term profits in this growth •Using the information system to be pro- customer needs market active in adapting to the customers need. Jeevan Visualize
  • 15. New Retail format Diversification development Retail Format Existing Market penetration Market expansion Target Market Segment Existin New g Jeevan Visualize
  • 16. Proposed strategy: Market Expansion Marks and Spencer along with its existing retail format will pursue its expansion plans in different geographic regions as demand is increasing in the global market. The product lines are increasing in number to cater the emerging need of consumer and in order to keep pace with the growing range of products and different product lines, Marks and Spencer could opt for market expansion. Jeevan Visualize
  • 18. Following retail mix will be used to implement the strategy: Product own brand Price affordable Place distribution outlets, ecommerce Promotion above the line (ATL) People Well trained professional staff Process Quick service; integrated Customer Service Physical Evidence Good ambiance Jeevan Visualize
  • 19. In order to sustain profitability M&S should pursue market expansion strategy to exploit opportunities in worldwide markets as natural limit of growth in few countries is completed. Jeevan Visualize