PESTLE Analysis

Each member undertook perfectly their corresponding parts (stated in last week’s blog post) of the macro environment. Here’s a brief overview of this section, which will be fulfilled in much greater detail in the infographic:

POLITICAL ECONOMICAL SOCIAL
New deal with WTO – lead to removal of barriers for exportation. This encourages Graze to expand their market to other countries as it has done with the United States. Economic trends (e.g. coming out of recession) – this allows a wider number of people to purchase these healthy snacks. Desire for healthy snacking is increasing.
The NHS 5-a-day scheme – encourages society in general to try and combat health problems associated with not eating enough. Taxation – Online stores have been a difficult area for the government as they are hard to keep track on their taxation. Consumers moving away from three set meals a day to more frequent snacking.
  Exchange rates (Supply) – Not all ingredients are domestic, therefore it requires a good international exchange rate to the British pound, in order to maintain their level of costs. People have less time to buy food due to longer working hours. The convenience of Graze attracts customers with limited time to spare.

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TECHNOLOGICAL LEGAL ENVIRONMENTAL
Packaging – Rise of new materials and special machinery sophisticates automation and maximises efficiency to reduce costs. National Minimum Wage increased. Packaging – most is recyclable and made of recycled materials, and there’s a special type of reusable glue.
Internet access connectivity – 74% of urban internet users use social media. Shared parental leave has been implemented and also parental leave has increased to eighteen. Recyclable Ethos – Graze have a strong feeling about recycling and what it can do for the environment.
Rate of technological change – increase usage of online shopping. You can now, as a man, take time off for antenatal appointments.  Premises – Having a premise which uses sustainable energy such as solar power etc.
Quality control – new technologies make it easier to follow international standards.   

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