Environmental factors are external factors over which you have no influence. It is part of the macro environment in a marketing plan. The factors of the DESTEP analysis consist of:
- Demographic factors
- Ecological factors
- Socio-cultural factors
- Technological factors
- Economic factors
- Political-legal factors
Demographic factors
When demographic factors with regard to the characteristics of the population:
- the age structure
- population structure
- geographical features
- population growth and size
- the size of households
- the degree of urbanization (the development that more and more people are going to settle in a city).
Ecological factors
When environmental factors it comes to describing the characteristics of the economy:
- the climatic conditions
- natural resources
- energy, waste
- the weather recently
- environmental technologies in that country
- care for the landscape (maintenance of the land)
Socio-cultural factors
The sociocultural factors are about characteristics of the culture and lifestyle:
- lifestyle, for example; exercising and eating healthy
- leisure activity
- communication
- norms and values
- social trends
- educational attainment
- number of two-income households
Technological factors
With technological factors regards the characteristics of the development:
- trends of the country
- information provision (internet possibilities)
- new products or innovation in that country
- lifestyle changes by technology
- the degree of adoption of the technologies
Economic factors
When economic factors regards the characteristics of the physical environment:
- business cycle, growth prospects (GNP)
- purchasing power (average salary)
- power relations
- market characteristics
- financial details
- import / export
- unemployment
Political-legal factors
In political-legal factors regards the characteristics of government decisions:
- legislation
- degree of intervention in the economy
- influence of government on business
- political influences
- licenses
- subsidy schemes
Below you will find a list of models for your environmental factors. Click on a term to read the explanation.