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Pest Research HMV
A Pest Analysis can be used to look at both the internal and external of the company. (Micro and Macro) Pest is short for for Personal, Economic, Socio-Cultural and Technological. Political
❶Online Illegal installing laws that happen to be not being implemented.
❷Taxes in Imports (21-23%)
❸ HMV Alliance with Xtra-Vision
❹ Legal Refusal of Vouchers
❺Payment of pay to staff on time
Economical
❶Rent about premises
❷Staff job protection
❸Current Economic Growth/Recession
❹Cheaper/Easier to Down load
❺Expensive Agreements with Music Producers
Socio-Cultural
❶ Demographics of people who shop at HMV
More diverse areas.
❷ Ageing population Style X – Gen Sumado a.
❸ Geographic-what shops remain open to provide in what areas?
❹ Style Y and Gen Z feel zero guilt the moment illegally downloading.
❺ Advertising and marketing dated, requirements re-vamp
Scientific
❶New Code readers in retailers which improves security.
❷Online Store which usually sells exactly like in the shop to a wider viewers.
❸ Get Individual monitors in store with out credit card.
❹Provide full support for Games and Consoles with the new PS4 and XBOX landings imminent
❺HMV PLAYER- in all mobile devices?
Pest Evaluation HMV
A Pest Analysis is used to look at both the internal and external of your company. (Micro and Macro) Pest is an acronym for Politics, Economic, Socio-Cultural and Scientific. Political
❶Online Illegal getting laws which are not being applied.
❷Taxes on Imports (21-23%)
❸ HMV Alliance with Xtra-Vision
❹ Legal Refusal of Vouchers
❺Payment of pay to staff on time
Economical
❶Rent on premises
❷Staff job security
❸Current Economic Growth/Recession
❹Cheaper/Easier to Download
❺Expensive Deals with Music Producers
Socio-Cultural
❶ Demographics of people who store at HMV
More diverse areas.
❷ Aging population Gen X – Gen Y.
❸ Geographic-what shops are still open to serve in what areas?
❹ Gen Y and Gen Z feel no guilt when ever illegally downloading it.
❺ Marketing dated, requires re-vamp
Scientific
❶New Scanning devices in outlets which raises security.
❷Online Store which usually sells the same as in the shop into a wider market.
❸ Buy Individual songs in store without credit card.
❹Provide full support for Game titles and Consoles with the new PS4 and XBOX landings imminent
❺HMV PLAYER- on all mobile phones?
Pest Research HMV
A Pest Analysis can be used to look at both the internal and external of a company. (Micro and Macro) Pest is an acronym for Personal, Economic, Socio-Cultural and Technical. Political
❶Online Illegal installing laws that are not being executed.
❷Taxes in Imports (21-23%)
❸ HMV Alliance with Xtra-Vision
❹ Legal Refusal of Vouchers
❺Payment of pay to personnel on time
Cost-effective
❶Rent about premises
❷Staff job protection
❸Current Economic Growth/Recession
❹Cheaper/Easier to Down load
❺Expensive Deals with Music Producers
Socio-Cultural
❶ Demographics of people who shop at HMV
More diverse areas.
❷ Ageing population Gen X – Gen Con.
❸ Geographic-what shops remain open to serve in what areas?
❹ Style Y and Gen Z feel no guilt when illegally downloading it.
❺ Marketing dated, needs re-vamp
Technological
❶New Readers in outlets which improves security.
❷Online Store which in turn sells just like in the shop into a wider viewers.
❸ Purchase Individual tracks in store with no credit card.
❹Provide full assistance for Online games and Games consoles with the new PS4 and XBOX arrivals imminent
❺HMV PLAYER- upon all mobile devices?
Pest Analysis HMV
An infestation Analysis is employed to look at both internal and external of any company. (Micro and Macro) Pest is an acronym for Personal, Economic, Socio-Cultural and Scientific. Political
❶Online Illegal downloading it laws which are not being implemented.
❷Taxes upon Imports (21-23%)
❸ HMV Alliance with Xtra-Vision
❹ Legal Refusal of Vouchers...
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