Pest Analysis HMV

8 August 2016

A Pest Analysis is used to look at both the internal and external of a company. (Micro and Macro) Pest is an acronym for Political, Economic, Socio-Cultural and Technological. Political

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❶Online Illegal downloading laws which are not being implemented.

❷Taxes on Imports (21-23%)

❸ HMV Alliance with Xtra-Vision

❹ Legal Refusal of Vouchers

❺Payment of wages to staff on time
Economical

❶Rent on premises

❷Staff job security

❸Current Economic Growth/Recession

❹Cheaper/Easier to Download

❺Expensive Contracts with Music Producers
Socio-Cultural

❶ Demographics of people who shop 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 illegally downloading.

❺ Advertising dated, needs re-vamp
Technological

❶New Scanners in shops which increases security.

❷Online Store which sells the same as in the shop to a wider audience.

❸ Buy Individual tracks in store without credit card.

❹Provide full service for Games and Consoles with the new PS4 and XBOX arrivals imminent

❺HMV PLAYER- on all mobile devices?

Pest Analysis HMV

A Pest Analysis is used to look at both the internal and external of a company. (Micro and Macro) Pest is an acronym for Political, Economic, Socio-Cultural and Technological. Political

❶Online Illegal downloading laws which are not being implemented.

❷Taxes on Imports (21-23%)

❸ HMV Alliance with Xtra-Vision

❹ Legal Refusal of Vouchers

❺Payment of wages to staff on time
Economical

❶Rent on premises

❷Staff job security

❸Current Economic Growth/Recession

❹Cheaper/Easier to Download

❺Expensive Contracts with Music Producers
Socio-Cultural

❶ Demographics of people who shop 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 illegally downloading.

❺ Advertising dated, needs re-vamp
Technological

❶New Scanners in shops which increases security.

❷Online Store which sells the same as in the shop to a wider audience.

❸ Buy Individual tracks in store without credit card.

❹Provide full service for Games and Consoles with the new PS4 and XBOX arrivals imminent

❺HMV PLAYER- on all mobile devices?
Pest Analysis HMV

A Pest Analysis is used to look at both the internal and external of a company. (Micro and Macro) Pest is an acronym for Political, Economic,
Socio-Cultural and Technological. Political

❶Online Illegal downloading laws which are not being implemented.

❷Taxes on Imports (21-23%)

❸ HMV Alliance with Xtra-Vision

❹ Legal Refusal of Vouchers

❺Payment of wages to staff on time
Economical

❶Rent on premises

❷Staff job security

❸Current Economic Growth/Recession

❹Cheaper/Easier to Download

❺Expensive Contracts with Music Producers
Socio-Cultural

❶ Demographics of people who shop 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 illegally downloading.

❺ Advertising dated, needs re-vamp
Technological

❶New Scanners in shops which increases security.

❷Online Store which sells the same as in the shop to a wider audience.

❸ Buy Individual tracks in store without credit card.

❹Provide full service for Games and Consoles with the new PS4 and XBOX arrivals imminent

❺HMV PLAYER- on all mobile devices?
Pest Analysis HMV

A Pest Analysis is used to look at both the internal and external of a company. (Micro and Macro) Pest is an acronym for Political, Economic, Socio-Cultural and Technological. Political

❶Online Illegal downloading laws which are not being implemented.

❷Taxes on Imports (21-23%)

❸ HMV Alliance with Xtra-Vision

❹ Legal Refusal of Vouchers

❺Payment of wages to staff on time
Economical

❶Rent on premises

❷Staff job security

❸Current Economic Growth/Recession

❹Cheaper/Easier to Download

❺Expensive Contracts with Music Producers
Socio-Cultural

❶ Demographics of people who shop 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 illegally downloading.

❺ Advertising dated, needs re-vamp
Technological

❶New Scanners in shops which increases security.

❷Online Store which sells the same as in the shop to a wider audience.

❸ Buy Individual tracks in store without credit card.

❹Provide full service for Games and Consoles with the new PS4 and XBOX arrivals imminent

❺HMV PLAYER- on all mobile devices?

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