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Free Essays Shopping Resources Product Reviews Key Strength And Marks

Essay About Key Strength And Marks

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Essay, Pages 1 (266 words)
Latest Update: July 1, 2021
Views: 136
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  • Business And IndustrialShopping
    • Business OperationsMetalsResources
      • ManagementProduct Reviews

Marks & Spencer Swot Analysis
Marks & Spencer SWOT Analysis
Strengths
High Quality Products.
This is the key strength that makes the company successful. Marks & Spencer is capable of delivering high quality products for food as well as cloth. Its suppliers are required to produce a product that meets a range of quality, safety, environmental, and social standards.

Customer Services
Marks & Spencer is customer oriented. The company provides superior customer service to customers and always be there if somebody needs help and assistance. This makes Marks & Spencer be able to maintain a good relationship with the customers, and this is critical if the company wants its customers to be loyal to the company.

Shopping Environment
Marks & Spencer provides customers with a great of shopping experience. By designing a modern concept store, fancy interior, and cleanliness, the company offers the customers with coziness, comfort, and pleasantness when shopping in stores.

Commits to Innovations
Marks & Spencer focuses on developing innovative products; it is reflected by the fact that 80 percent of its general merchandise products and 30 percent of its food products will be new every season.

Environmentally-Concerned
Marks & Spencer concerns about the environment problem. The company has developed many strategy and system of its business to address the environmental problem. Marks & Spencer is able to save many dollars, improve efficiency, improve quality, and reduce any waste.

Weaknesses
Outdated Fashion & Lack of Newness
The pace of changing the clothes is slow compared with other competitors such as H&M, Debenhams, and TK MAX. Most of its design is outdated especially for ladies segment.

Slow Sales
Based on the company’s income statement

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Key Strength And Marks. (July 1, 2021). Retrieved from https://www.freeessays.education/key-strength-and-marks-essay/

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