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2954183
ASOS' Competitive factors
Description
ASOS' competitive factors
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asos
competitive
factors
Mind Map by
char knight
, updated more than 1 year ago
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Created by
char knight
over 9 years ago
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Resource summary
ASOS' Competitive factors
Social/Cultural
Magazines eg.. Marie clare, vogue, glamour and red.
Advertising is key for asos to keep ahead of their customers.
Social Media
ASOS use social media like Twitter/Instagram/Facebook to keep in touch with their customers throughout the whole transaction.
ASOS can monitor who else's brands their customers are following/ liking
Technological/innovation
Apps
Android/ iphone
Digital magazines
Multiple channels to work from through the magazine and website.
Social media
ASOS use Twitter/Instagram/Facebook to ensure their customer is kept up to date with all the new things happening within the company.
ASOS use style, beauty, celebrities, music and TV to entertain our customers. This is through high quality blogs and editorial magazines.
First fashion retailer to do a moving catwalk
Environmental
Weather and natural disasters can affect the rate of production
Factory fires and transport difficulties can delay delivery
ASOS need to ensure a smooth next day delivery to keep that completive edge against other online retailers.
ASOS are up cycling clothing through their marketplace
The green room are some of the ASOS initiatives that underpin our commitment to ethical fashion.
Packaging and reducing emissions also makes the company more appealing to consumers due to it being more sustainable.
Legal
ASOS ethical code of conduct: defines the minimum standards that we require from all suppliers who manufacture or supply goods for ASOS
ASOS ethical standards
ASOS young worker and child labour policy- If they are caught using the wrong standards of trading people won't want to buy from the company again.
Minimum wage policies
Minimum wage is that law and ASOS must comply with this throughout their whole company.
Supply chain factor
Fast fashion means fast delivery and turn around of stock in the warehouse.
Political
Political decisions affect the economic environemnt
Political can also affect the socio/cultural environment
Workers rights and child political laws are prominent in the news
Positive manufacturing facilities and staff care needs to be ensured by law
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