Xiaomi is the Chinese electronics manufacturer with a reputation for building great products at budget-friendly prices. Following recent investment, Xiaomi is valued as the fourth largest tech company in the world, so they're clearly doing a lot of things right. In today's article, we're going to use PESTLE analysis to uncover the Political, Economic, Sociocultural, … [Read more...] about PESTLE Analysis of Xiaomi
PEST Analysis
PEST Analysis: What Economic Indicators Should I Include?
The world’s economy affects businesses each and every day, though not every company takes this into consideration when planning their next business move. As part of the PEST analysis, which so happens to be one of the main analysis tools used in the UK, the importance of economic factors and indicators is undeniable. Economic indicators are often thought of as the main … [Read more...] about PEST Analysis: What Economic Indicators Should I Include?
PESTLE Analysis of Huawei: How China Affects Its Success
Huawei is one of China's leading smartphone manufacturers. Like everyone, Huawei is subject to forces from all six of the PESTLE categories: Political, Economic, Sociocultural, Technological, Legal, and Environmental. Identifying the individual factors that affect Huawei's success can help us understand why Huawei is performing at its current level, and what could be done to … [Read more...] about PESTLE Analysis of Huawei: How China Affects Its Success
PESTLE Analysis of Spain: Standing in Unclear Waters
Known for its warm weather, sunny beaches, and rich culture, Spain is one of the world's most universally recognized Mediterranean nations. Although it may have a name for itself as a popular tourist destination, the Spanish macro environment isn't all sunshine and rainbows. In this PESTLE analysis of Spain, we'll review the Political, Economic, Sociocultural, Technological, … [Read more...] about PESTLE Analysis of Spain: Standing in Unclear Waters
How to Do a PESTLE Analysis (3 Step Guide)
PESTLE analysis can be extremely powerful when done correctly, which is a lot easier than it sounds. In this guide, we want to make it as easy as possible for you to do a PESTLE analysis. That's why we've created a simple, three-step approach that you can use to conduct powerful analyses and write meaningful reports, every single time! 1. Know the Categories The first step … [Read more...] about How to Do a PESTLE Analysis (3 Step Guide)
What Is PESTLE Analysis Used for?
PESTLE analysis is one of the most popular business analysis tools there is. Although it might sound too good to be true, looking at just the Political, Economic, Sociocultural, Technological, Legal, and Environmental factors at play in a chosen business environment can give you bounds of valuable insight. A big part of using PESTLE analysis effectively is understanding what … [Read more...] about What Is PESTLE Analysis Used for?
5 Tips for Effective Use of PESTLE Analysis in the Business World
PESTLE analysis is an extremely powerful tool in the business world. After all, it accounts for the political, economic, sociocultural, technological, legal, and environmental factors which affect or could one day affect your business — in other words, it's an amazingly comprehensive analysis tool. But like with all things, using PESTLE analysis effectively is the key to … [Read more...] about 5 Tips for Effective Use of PESTLE Analysis in the Business World
What Is the PESTEL Model for Business Analysis?
There are loads of business analysis tools out there, but the PESTEL model, also called PESTEL analysis, is one of our favorites. The PESTEL model is a type of PEST analysis which considers six crucial business factors. The six categories are: Political Economic Sociocultural Technological Environmental Legal Although it may seem simple at first sight, … [Read more...] about What Is the PESTEL Model for Business Analysis?
Is It PESTLE or PESTEL Analysis And What It Means
If you’ve ever searched for a PESTLE analysis, you’ve likely also seen it written as PESTEL. We've got a few examples of these, such as: PESTLE/PESTEL Analysis of Facebook The Quick Guide to PESTEL Analysis Confusing, right? After seeing the variation, you probably have a few questions. Like, is there a difference between the two? Is one version more popular than … [Read more...] about Is It PESTLE or PESTEL Analysis And What It Means
PESTLE Analysis in Digital Marketing
As a digital marketer, have you included PESTLE analysis research into your strategy? Because if you haven’t, you’re missing out on some pretty important information. It’s so important, even Santa Claus would include PESTLE into his campaigns. And let’s be honest, he’d be the best digital marketer around with his social reach and impressive brand image. Copying Santa’s approach … [Read more...] about PESTLE Analysis in Digital Marketing