Strategic Marketing Plan: Primark's Response to Brexit & Covid-19
VerifiedAdded on 2022/11/30
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Report
AI Summary
This report provides a comprehensive analysis of Primark's strategic marketing plan, focusing on the impacts of Brexit and Covid-19 on the UK retail industry. It delves into Primark's organizational structure, emphasizing the importance of environmental analysis in strategic marketing. The report utilizes PESTEL analysis to understand external factors affecting the company and explores Primark's marketing objectives, STP strategy for global expansion, and the application of the 7 Ps in the current business environment. The analysis covers key aspects such as political and economic factors, social and technological changes, environmental considerations, and legal implications. The report highlights the challenges and adaptations required for retailers in a post-Brexit and pandemic world, examining staffing, financing, and the importance of environmental analysis. It also discusses the impact of these factors on consumer behavior and the need for retailers to adopt innovative strategies to maintain their market position. The report concludes with an overview of Primark's responses to these challenges, providing insights into their strategic marketing approach.
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