Case-Study-Asos (Final)
Case-Study-Asos (Final)
Case-Study-Asos (Final)
RETAIL INDUSTRY
A Case Study
Researchers:
The case study presents the compelling influences of the outside forces
that heavily affect the progress of a certain business enterprise. This case
study aims to provide a solution to the following question:
How can Asos.com sustain its growth despite the rapid surge in demand
and shift in market trends?
Objectives:
Strengths Weaknesses
-UK’s leading online fashion store -Struggle to meet the demand and
for men and women. provide logistics.
-Traded on the (AIM) Alternative -Lack of staffs to keep up with
Investment Market. seasonal surges especially in
-Asos uses market segmentation. Holidays.
-Asos uses market segmentation.
SWOT Analysis:
Opportunities Threats
Usual peak season of sales are situated on holidays and the company
struggles to accommodate and store the orders. Investing in a new
warehouse can help alleviate the situation.
ADVANTAGE/S DISADVANTAGE/S
-Increase in capacity. -Cost requirement rise.
-Promote business expansion.
Recommendation:
Asos.com is the UK’s leading online fashion store for men and
women. Launched in 2000, the online retailer targets fashion conscious
16-34 years old. Asos.com is a public limited company (PLC) and its shares
are traded on the Alternative Investment Market (AIM), which is a part of
the London Stock Exchange. The main objective of ASOS is to sustain its
growth despite the rapid surge in demand and shift in market trend by
expanding internationally and increasing its services and logistics. ASOS
consider it as an opportunity to capitalize on the internet-base retail
business. With ASOS’s plan to expand internationally and further sustain
its rapid growth, ASOS continues to transform and modernize the fashion
retail industry.
Detailed Action Plan:
Action Timeline Cost Advantages
(UK
Pound)
Conduct a meeting July 1,500 Builds deep bonds with members and
to discuss encourage them to be open to
strategies on how suggestions related to the agenda.
to keep the
business growing.
Perform Demand Quarterly 12, 000 This will allow the company to determine
Analysis which products are popular and in
demand, as well as how to meet the
demands of the majority.
Offer and provide After the 1, 000, 000 This will allow the company to maintain
products and result of the its growth while also allowing it to keep
services in demand Demand up with the trends and sell variety of
to the market. Analysis products.
Develop and When 500, 000 This will enable the company to expand
improve websites opportunity internationally.
in other countries. comes