Strategic Options in Fair Trade Retailing

Notes that there has been a significant increase in the market for fair trade products in the UK over the past five years. Provides a definition of fair trade and goes on to set a context for the expansion of this market by examining the key drivers behind it, particularly noting the growth of ethic...

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Main Author: Nicholls, A
Format: Journal article
Published: 2002
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author Nicholls, A
author_facet Nicholls, A
author_sort Nicholls, A
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description Notes that there has been a significant increase in the market for fair trade products in the UK over the past five years. Provides a definition of fair trade and goes on to set a context for the expansion of this market by examining the key drivers behind it, particularly noting the growth of ethical consumerism as a contributory factor. Develops the ethical strategy matrix, outlining the strategic options open to retailers for addressing this increase in ethical consumerism. It is argued that addressing the fair trade market in the UK offers retailers not only the opportunity to develop their profile in terms of corporate social responsibility, but also a chance to develop a competitive advantage in a new niche market. Recasts Strong’s marketing analysis of the difficulties of translating fair trade principles into actual purchase behaviour into an operational context and proposes solutions to the issues raised.
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spelling oxford-uuid:84ef6fdc-8bfd-4439-8900-b6caf952810d2022-03-26T21:54:11ZStrategic Options in Fair Trade RetailingJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:84ef6fdc-8bfd-4439-8900-b6caf952810dSaïd Business School - Eureka2002Nicholls, ANotes that there has been a significant increase in the market for fair trade products in the UK over the past five years. Provides a definition of fair trade and goes on to set a context for the expansion of this market by examining the key drivers behind it, particularly noting the growth of ethical consumerism as a contributory factor. Develops the ethical strategy matrix, outlining the strategic options open to retailers for addressing this increase in ethical consumerism. It is argued that addressing the fair trade market in the UK offers retailers not only the opportunity to develop their profile in terms of corporate social responsibility, but also a chance to develop a competitive advantage in a new niche market. Recasts Strong’s marketing analysis of the difficulties of translating fair trade principles into actual purchase behaviour into an operational context and proposes solutions to the issues raised.
spellingShingle Nicholls, A
Strategic Options in Fair Trade Retailing
title Strategic Options in Fair Trade Retailing
title_full Strategic Options in Fair Trade Retailing
title_fullStr Strategic Options in Fair Trade Retailing
title_full_unstemmed Strategic Options in Fair Trade Retailing
title_short Strategic Options in Fair Trade Retailing
title_sort strategic options in fair trade retailing
work_keys_str_mv AT nichollsa strategicoptionsinfairtraderetailing