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Bunnings Market Analysis

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Executive summary

The purpose of this report is to analyse the Australia’s leading hardware store Bunnings in terms of their marketing strategies. The research methodology is based on qualitative research based on secondary sources of information (PESTEL). This helps analyse the marketing strategy and tricks in the Bunnings .The research is based on credible and academic sources which help understand how marketing strategies and tricks benefit Bunnings to obtain economies of scale, Identify market trend and market segmentation. A comparison of marketing plans and identifies the strength and weakness of Bunnings through market matrix. 5 porter forces would help to identify the Bunning position in the market and recommendation for new strategies in the future.

Table of contents
Contents
Executive summary 2 An Analysis of Bunning’s Warehouse Brands’ 3 Competitive Position 3 Scope of Analysis 4 PESTEL 4 Political 4 Economic 5 Social 5 Technology 5 Environmental 5 Legal 6 Market Trend 6 Identification of Market Segmentation 7 Market Matrix 7 Product 8 Placement 9 Price 9 Promotion 10 5 Porter Forces 10 Recommendation 12 Conclusion 13 Appendix: 13 Reference 20

An Analysis of Bunning’s Warehouse Brands’
Competitive Position
Bunnings’ Warehouse is 128 year old (Bunnings, 2014). They specialize in selling home appliance, hardware and DIY. Bunnings remains to demonstrate economic success, which is secured on three simple components that are structured around the implementation and enterprise warehouses. These three components are best service, lowest price and widest range. Bunnings ensure the lowest price by reducing the costs that customers incur when purchasing their products (Ries&Ries, 2014). These achieved through a simple set up, efficient operation, and structure design. The scale operation of Bunnings

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