Explain the changes in taste and preferences of customers

Assignment Help Marketing Management
Reference no: EM133525506

Question: As the appointed strategist for a South African apparel retail store chain, you have observed a shift in customer preferences over the past two years. What was once favoured by customers is no longer attracting them, and you have noticed that different brands are successful in different locations. Additionally, you've noticed that customers' tastes and preferences are changing rapidly. As part of your strategic analysis, you need to identify the factors that could be driving these changes in customer preferences.

Suggest and discuss relevant concepts that explain the changes in taste and preferences of customers.

 

Reference no: EM133525506

Questions Cloud

Evaluate what is going well or how the company could improve : Evaluate what is going well or how this company could improve their consideration and mindfulness of the triple bottom line.
Identify themes in the film that represent chapter concepts : Identify themes in the film that represent chapter concepts. For example, is there a theme of in-group membership? How is that shown in the film?
Discuss whether adam has a legally binding contract : Insurance law - Discuss whether Adam has a legally binding contract with the local driving school. Refer to one statute in support of your discussion
Describe how the company tried to apply the theory : Describe how the company tried to apply the theory. Reflect on any personal experiences you have with this topic to support your position.
Explain the changes in taste and preferences of customers : What was once favoured by customers is no longer attracting them, and you have noticed that different brands are successful in different locations.
How well do the graphs convey information : Compare your chosen specimens against requirements that you have learnt about in this unit. Identify the correlations to what you have
Demonstrate communication skills necessary for interaction : NR226 Fundamentals- Patient Care, Chamberlain University - Demonstrate the nursing process while providing basic care to individuals and families reflecting
Describe the most suitable means of communication for : Why do you need to consider appropriate formats when planning to prepare a document? Describe five of the points that you should consider when communicating.
What were key determinants of patient loyalty for medical : Understanding patient loyalty in the medical practice segment. Performance Insights. What were the key determinants of patient loyalty for medical practices?

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd