H&M Marketing Case Study Example | Topics and Well Written Essays - 1250 words

H&M Marketing - Case Study ExampleFashion follow by H&M is usually the one which is the ongoing trend in the society. It can be clearly seen by dint of the massive budget allocated to the marketing sector that H&M is heavily myrmecophilous on the marketing campaign that they undergo. 4% of the revenues of H&M ar allocated to the marketing campaign. Furthermore, in 2002 a top fashion legend was selected by the H&M to promote its products through marketing. The economical expending of the H&M management does not stand the marketing campaign as the management itself decides to pass a heavy amount on marketing campaigns. This shows that H&M is to a great completion marketing orientated and is heavily dependent on these approaches.Ans2. The efficiency/effectiveness matrix is a m oppositewisefucker used by pipelinees to categorize companies according to their success in strategies and employation. H&M can be categorized into the Thrive cell of the effective/efficient matrix. The Thrive cell in the matrix usually denotes organizations which are thriving in forming and implementing strategies. Similarly H&M shows a sign that it belongs to one of these organizations because of its rapid growth and success. The outline pursued by them is of the kind which adopts recent approaches to meet the demands of the society. The rapid growth which the company is going through shows a sign of the company thriving in the business sector. It has expanded from a small consequence to 900 garment shops all over the world. And it is known to top the list in terms of expansion with its other competitors. The effectiveness of H&M can be seen in the implementation of the strategies and the efficiency of this effectiveness is withal great. Strategies pursued by H&M are different from their other competitors and most of the emphasis in these strategies is on pricing, marketing and fashion jut outing. H&M has incurred great profits in the years and then best suits in the cate gory of thrive.Ans3. Customer treasure forms an important aspect of the strategies formed in the business world today. Firms give importance to this very aspect when forming strategies to give the customers a product or process which they desire with a better clutch. H&M is known to provide customers with a better deal as required by the customer value. Customers of H&M are highly satisfied with the products they are getting as these products are according to their needs. Not only the desires are being met but also the price at which these desires are being met is exceptional. The designing section of H&M is known to be travelling through out the world to pick up the recent trends in fashion and implement them in their fashion industry. Pricing is marked as an important criterion in the firm as it helps to attract customers towards it. Prices of the H&M products are known to be very low comparatively with other brands. Their motto is a clear sign on their stand on pricing strateg ies according to the parvenu fashion trends. H&M also makes sure that new trends in fashion are quick picked up by their designers and provided to the customers. A particular design in the H&M outlets would not be seen for a longer time as it would be removed with the newer fashion designs. Furthermore the same design if provided by other brands would be comparatively higher in price so the customer value is highly considered by the management of H&M. The cheap prices and the latest apparel in