PART 1 SWOT Analysis 1.1 Industry Analysis Porter’s five forces analysis is presented as below for industry analysis of Kathmandu: Industry Competition→High | * Leadership in clothing and equipment retail in Australia and New Zealand. * Competitors within this area include | Barriers of entry→Medium-High | * Relatively low level of product design differentiation * High barriers for technically credible products | Threat of substitutes→Medium-High | * A wide variety of other substitute to choose from * The popularity of indoor activities | Bargaining power of customers→Medium | * A broad customer base and the customer spans a wide range of ages and demographics * High customer loyalty to the brand, …show more content…
| Suppliers | Individuals or entities who supplies resource to Kathmandu | Specific interests | * Prompt payment * Long term relationship with Kathmandu * Large size and high value of contracts * High order price | Alignedwith/Opposed toshareholdervalue | Aligned → The growth and prosperity of the firmOpposed → suppliers always seek for higher order price to maximize their profits, which will directly increase Kathmandu’s COGS. | Employees | Any person who works for Kathmandu in return for financial | Specific interests | * Career development * Good pay and working conditions * Promotion prospects * Health and safety | Alignedwith/Opposed toshareholdervalue | Aligned → the success of the company will return high profits which
The potential consumer target markets fall into two categories; the segments will be referred to as “Suburban Select” and “Young & Active”.
In the video “Into Nepal – A Journey through the Kathmandu Valley,” there were many concepts that were easily recognizable due to the information that was given during the first semester of the AP Human Geography course.
With ________ as a target market strategy, the firm concentrates on serving many needs of a particular customer group.
It is desirable to develop demographic and psychographic profiles of these likely consumers (the target audience).
Markets consist of buyers that differ in their needs, wants, resources, locations, buying attitudes and buying practices. To reach customer insight, it is important to understand the needs of different segments and to communicate pertinently to them (Brown L, Brown C, Gallagher SM, 2008).
This valuable capability provides greater choice to customers and exploits Australians and New Zealander’s pursuit for an active lifestyle. It is difficult to imitate KMD’s strong supplier relationships and furthermore, the GORE-TEX license guarantees
1. Target a new customer segment that id young and always ready to try something new and exciting.
Customers are assets, and their values grow and decline. Segmenting customers based on their lifetime value is a powerful way to target them because marketing mix activities can then aim at enhancing customer value. (Ho, 2006)
1. Target Market Selection – Who is to be serviced needs to be determined. Target heavy users, all users, or even what age and gender to focus on.
The homogeneous, well-educated, and relatively affluent target segment is easy to market to since the core message of trust can be used across the board as the customers have a common life experience and background.
As Calletta’s CEO, Jan is facing a number of problems such as: lack of support from board members/investors, increasing employee costs, and protests against Calletta’s offshore facilities due to the growing concern of working conditions. Jan key issue on hand is the lack of support from board members and investors. Board Members and investors right now are not supporting Jan or her proposal due to a poor return on investments. Board Members are concerned about the rapid increase of employee cost the company is incurring. Calletta is incurring a 12% cost increase annually compared to an industry average rate of just 4% in the
Businesses in the same industry compete against each other to meet their organization goals and sustain competitive advantage over one another. But to meet those goals, it’s important for businesses to analyze their internal and external environment to allow them to come up with new business strategies beneficial to the business. Firms can use SWOT as a starting point. SWOT is a basic technique that can be used by business owners to analyze their business and industry condition (Dess, G., Lumpkin G.T., Eisner, A., McNamara, G, 2013). Using SWOT will help business owners understand the strengths, weaknesses, opportunities and threats of their business. It would help them analyze and come up
Supplier Power: This highlights that it is easy for suppliers to rise up their prices. This is determined by the number of suppliers, the uniqueness of their product, their control over the buyer, and the cost of changing from one buyer to another. The scarcer the supplier choices you might have, and the more you need the help and that
There are some segmentation for their target market, such as young customer, young executive, executive and expatriate.
3. Highly refines supply chain that can cater to high demand of orders: The efficient coordination of the suppliers of