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SWOT ANALYSIS S W O T
from Zara Brand Report
by Gemma Fraser
MIXED PRICE RANGE SO APPEALS TO A WIDER RANGER OF PEOPLE HIGH END PRODUCTS AT AFFORDABLE PRICES
SPENDS LITTLE ON ADVERTISING ALLOWING THEM TO KEEP PRICES LOW WHILST MAINTAINING QUALTY
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ALWAYS ON TREND
RESPONDS TO TRENDS AS SOON AS THEY EMERGE AND TAKE ONLY 2 WEEKS TO GET THEM INTO STORE AS OPOSE TO MOST OTHER COMPANIES WHO TAKE 6 WEEKS.
HAS THE MOST NUMBER OF FASHION RETAIL STORES IN THE WORLD REFRESHES ITS ONLINE AND RETAIL COLLECTION TWICE EACH WEEK
HAS A LARGE INTERNATIONAL PRESENCE WITH STORES ACROSS 96 COUNTRIES
LARGE, SPACIOUS STORES
VISUAL MERCHANDISING - AESTHETIC AND ENTICING
ENVIRONMENTALLY AWARE
TOXIC-FREE MANUFACTURING PROCESS
INTERACTIVE MIRRORS
SELF CHECKOUT
STORE MODE FUNCTION ON THEIR APP RESELL, REPAIR & DONATE SERVICE
BALANCING OF FAST FASHION WITH SUSTAINABILITY
MINIMAL ONLINE PRESENCE
LACK OF ADVERTISEMENT
INSUFFICIENT PRODUCT
INFORMATION ON THE WEBSITE RESULTS IN A LOT PRODUCT RETURNS
DON'T OFFER KLARNA OR ANY PAY LATER SERVICES
CANT RELY ON SIZING AS IT FLUCTUATES MASSIVELY FROM PRODUCT TO PRODUCT RUDE EMPLOYEES
TAKES A WHILE TO RECIEVE YOUR ITEM WHEN YOU REQUEST IT FROM THE STOCKROOM USING THE APP LACK OF DISCOUNT/PROMOTION
LACK OF INFLUENCER/CELEBERITY COLABORATION
WIDEN THEIR GLOBAL MARKET AND INTRODUCE STORES TO PARTS OF THE WORLD LACKING IN THEM
BUILD A MORE EFFICIENT ECOMMERCE MARKETING STRATEGY
INCREASE SPENDING FOR MARKETING CAMPAIGNS
CREATE A TRADEMARK DESIGN TO GIVE THEM A UNIQUE SELLING POINT
DEVELOP FURTHER SUSTAINABILITY INITIATIVES WITHIN FAST FASHION
CREATE DISTRIBUTION ENTERS IN DEVELOPING COUNTRIES TO LOWER COSTS
COST OF LIVING CRISIS POSSIBLE RETURN OF COVID LEADING TO LOCKDOWN RESTRICTIONS AND CLOSURE OF STORES
CHEAP IMITATIONS/DUPES OF THEIR ITEMS MADE BY LOWER FASHION/LOWER PRICE COMPANIES LIKE SHEIN FAST FASHION COMPETITIONRIVALRY BRANDS SUCH AS MANGO, H&M, ASOS PEOPLE BECOMING MORE SELECTIVE ABOUT WHERE THEY SHOP DUE TO THE IMPACT OF FASHION ON PEOPLE AND THE ENVIRONENT