Question $47(1$ point$)$

How does Zara differ from its competitors in converting ideas into products?

Zara's design and concept teams use data from customers to predict fashion trends many months into the future and stock up inventory accordingly, as opposed to its rivals.

Collaborations with celebrities help Zara churn out a limited$,$ yet profitable, volume of items every year, while rivals produce a higher volume of less fashionable items.

By focusing on a smaller number of products than rivals like Gap, Zara manages to limit exposure to wrong guesses.

Zara concepts appear in stores in fifteen days on average compared to rivals who receive new styles once or twice a season.

Zara's ideas are inspired by social media, compared to the intrinsic design processes followed by its competitors.