Ordering + Promoting
Year 2012 / 2013
BUYING & MERCHANDISING BIK0010
" middlemen were having a negative impact, siphoning off value which may, or certainly should, participate the direct benefit to the consumer. They should be eliminated, then simply, rendered unneeded in the route from manufacturing plant to client. In other words the real key began to be increasingly one which might be a distinctive component of Zara: including production and distributionвЂќ (Badia 2009 p58) Zara, a part of Inditext, features achieved global success through control of processes from design and style stage direct to the customer in store. Competitors decide to minimize cost and risk by outsourced workers many of all their production and product development duties whereas Zara only outsources вЂcore' item.
1 ) THE MARKET
a. Determine the market.
Current global marketplace situation and evolution, what characteristics establish the global and native markets, syndication channel qualities.
m. Identify the competitors.
Who are the primary competitors in this global market place? Define all their positioning and their target market
c. Understand the buyer.
Just who are the consumers that buy trend product with this level? Precisely what are their inspirations? What are all their expectations?
Marking Schedule| Percentage allocated
Evaluation from the retailer, the competitive environment and the target market| 85%| Evidence of research(Number of sources, range of resources, relevance and style: Harvard only)| 10%| Structure and presentation| 5%
The report will be between two, 000 words in length (+/- 10%) covering all learning outcomes.
Include your phrase count by the end of the report. This will take into account 100% of your mark.
Further information and requirements
* The assessment protects all learning outcomes as stated in the component specification. * Report file format for the...