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Zara Marketing strategy in the Digital Age

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This assessment requires you to develop a Marketing strategy in the Digital age for a company of your choice, and critically appreciate their existing CSR and Ethical practices, identifying areas for further improvement and recommend an update to its CSR and ethical practices. The assessment is to be written in a report format. You are required to select a Company for which you will create a marketing strategy in the digital age for the next upcoming 12 months. The choice of company must be clear within the Introduction part of the report. You cannot create/choose a fictitious company. Once this step has been completed, you are then required to complete the following parts: The Report is divided into three parts: The first part requires you to choose a company of your own choice and create an effective Marketing strategy in the digital age, for the next upcoming 12 months. The second part requires you to deliver a 5-minute Marketing Pitch to offer an overview of your marketing plan. The Marketing Pitch will be delivered in class on week 9. And the third part requires you to critically evaluate the existing CSR and ethical practices of your chosen organisation and identify areas which need further improvement. Make recommendations of how company can incorporate sustainability and ethical practices. Scenario: You are a marketing manager, for the chosen company and are required to create a new marketing strategy in Digital age for the next upcoming 12 months. You are expected to offer an introduction of your chosen company. Identify the product for which you will be creating the marketing strategy. The strategy must be in line with the company’s objectives and vision. Once you have done this, you are then expected to critically review the company’s existing CSR and Ethical practices and offer recommendations around areas where they can further improve.

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2021




Marketing Strategy
ZARA
RAISAH MURADIN

, “Table of Content”




1. Understanding the Company………………………………………..2
2. External Analysis……………………………………………………..5
3. Internal Analysis……………………………………………………...6
4. SWOT Analysis……………………………………………………….7
5. Segmentation, targeting and positioning……………………………9
6. Business Canvas Model………………………………………………13
7. Value Proposition Canvas...................................................................14
8. Marketing mix………………………………………………………...15

9. Future Recommendation……………………...……………………...17

10.Conclusion……………………………………………………………..18




1

, Understanding the Company


Introduction
Zara is among the most popular fashion retailing brands worldwide, if not the most popular. Zara
strives to foster a responsible enthusiasm for fashion among a broad range of consumers, distributed
across many countries and age groups, with its spectacular debut of the notion of "quick fashion"
shopping since its founding in 1975 in Spain. There are numerous variables that have led to Zara's
popularity, but one of its most important traits, which have helped it become the worldwide fashion
giant it is nowadays, is its opportunity to put customers foremost. Customers are fascinated with Zara,
and they have shaped the firm and the brand's ethos since the inception. Zara sells garments for males
and females, as well as kids clothes (Zara Kids), footwear, and collectibles. Zara TRF is a sub-brand
for younger ladies and kids that offer hipper and occasionally edgier goods.




Figure: “Zara brand logo and Zara’s outlet”

Zara began as a family company in 1975 in central Galicia, in northern Spain, by Amancio Ortega and
Rosala Mera. First ever shop sold low-cost knockoffs of well-known, higher-end clothes and style.
Zara was given to Amancio Ortega since his favorite name, Zorba, already was gone. Zara's attitude
to fashion and operating model gained popularity with the Spanish customer during the next eight
years. As a result, nine additional outlets have opened in Spain's major cities. Zara continued actively
expanding into global markets in the following decade. Zara stores can now be found in almost every
civilized nation. Zara today has 2,264 outlets in 96 countries, conveniently situated in major cities. It's
no wonder that Zara, which began as a modest shop in Spain, has grown to become the world's
biggest fashion retailer and Inditex's main brand. As per Forbes magazine, Amancio Ortega, the
company's founder, is the world's sixth wealthiest man.

Zara is noted for its quick responses and market-driven designs. Zara keeps up with the current
fashion trends for all generations. The brand has a bold, attractive, honest, and fashionable
personality. These characteristics distinguish the Zara brand from its opponents (Brătianu &

2

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Uploaded on
September 24, 2024
Number of pages
20
Written in
2024/2025
Type
CASE
Professor(s)
Joan burke
Grade
B

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