Posted in Lifestyle and Retail, Total Reads: 26662
SWOT Analysis of H and M with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
H and M
H & M Hennes & Mauritz AB
Apparel and Accessories
Lifestyle and Retail
Who’s next; Get ready to do some serious shopping; You look nice today
Collaboration of chic , stylish clothes along with a classic look at affordable prices
People who love to spice up their wardrobe and want to look uber stylish at all times
Women, Men , Teenagers who have medium to high purchasing power and have a completely vibrant and rebellious attitude
Perfect combination of high class brands along with trendy fashion at affordable prices
1. They are the one of the largest global clothing retailer 2. They have about 2300 stores in approx 45 countries and around 95000 people employed under them 3. The store offers quality and trendy clothing at affordable price, we can say designer clothes at department store prices. 4. Their overall delivery time is very low, it takes only 12 weeks for their products to come from the design stage to the retailer phase.
5. Guest designers coming in for different lines in the store.
6. They also keep the prices affordable by using few middle-men and buying large volumes cost consciously
7. They have been associated with celebrities and designers
8.They are present in many complimentary businesses which offers them better control and flexibility
1.Buying large volumes could lead to overstocking and later on lead to lowering of the already affordable prices 2.Also their target customer base is highly affected by the changing macro -economic conditions 3.They have put in a lot of capital and maintenance fee for all the different types of machines required to produce clothes for each target segment
1.Online shopping is gaining a lot of importance 2.Emerging economies will support H & M’s expansion plans 3.They are well positioned to tap the niche organic apparel market
1. Weak competitive situation as the prominence of value retailers and premium luxury brands increases 2.Their newest business line home-ware has not been able to click in Europe and hence is leading to lowering sales 3.Unemployment is also continuously pressurizing their target segment to discretionary spending
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