IntroductionKylie
External analysis:
1. SWOT Gladys
S: pocket-sized price, clear image, ethical harvest-time
W: no simple package, impoverishment c atomic number 18ful storage
O: advanced technology, new genial trend
T: galore(postnominal) brands enter in, limited natural resources
2. Porters 5 forcesAda
-Threats of substitute: many e.g. Lush, Burts Bee, Origin, Botani ( small(a)er commercialize share
-Barrier to new entrants: easy to enter the market
-Power of supplier: low (supplier are being chosen by body shop)
-Power of Buyer: high, many substitute and choices
-Existing competition: high( many competitors
3. PESTELKimmy
P: fair trade, WTO do it body shops effort
E: when economic downturn, put on is higher/more branches??? ( show evidence
S: highly acceptable, social trend, good perception from outside towards body shop
T: drop of renewable energy, body shop is the first company to stop by the use of technology,
awareness on environmental security measure and conservation
E: because of above, body shop implement relevant form _or_ system of government to launch relevant activities or
events e.g.
fund-raising, whale-saving, donations
L: testing on animal(prenominal), non-harmful ingredients to gay body
4. ChallengesGladys
- Too many competitor
- Limitation on production
- Relatively low profitability ( compared to other competitor)
- Complex production process
- risk of elude products
- time-consuming on research before selling products
- ( anti- animal testing ( may not be similar to the genius of human skin)
- No unique/ distinctive product
- The brand the product must undergo Product Life Cycle e.g. stagnation/ decline
Marketing Strategies
1. STPAngela
Segmentation for body shop client ( may refer to CB notes for details)
- demographic: age, gender,...If you want to get a full essay, order it on our website: Ordercustompaper.com
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