Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Analysis
Home >> Asia Case Research Centre >> Honda Innovation The Chinese Way >> Porter's 5 Forces analysis
Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Study Analysis
A Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Help might be conducted to develop numerous techniques using the strengths of the business to avail opportunities, overcome weaknesses and to decrease the dangers. It could also be used to examine that how specific weak points withstand specific opportunities and increase the risks. The strategies drafted using the Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Analysis are offered as follows;
• Utilization of strong worldwide brand name position and funds in broadening towards potential markets.
• Distinct brand name experience might help out the business to better position itself in new markets.
• Resistance in expansion in the potential worldwide markets motivating diversity.
• High prices limits the growth in different Asian and African countries with low per capita earnings.
• Strong brand name recognition, non-traditional methods of marketing and the unique brand name experience could be used to reduce the threat from possible consumers.
• Stringent look policies could caused the consumer shift towards Victoria with high social duty.
• Limited target markets might led to a decrease in the total market share of the business.
These methods might assist the business to improvise its market position and be at the leading position in the market.
Financial Analysis
Financial analysis for Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Help could be performed to examine the accessibility of funds to the business that could be utilized in expansion towards global markets. The financial position of the business could be assessed by using the data given up the case Exhibition 1. The ratios that might be thought about in monetary performance analysis are given in the Table 1 below;
From the above Table 1, it might be seen that the company has an affordable monetary efficiency with a ROE of 7.9% and a high sales development of 18.4%. Although, a 4.3% net profit margin does not appears to be potential and the business should put efforts in increasing its earnings together with minimizing its functional expenses to increase its earnings margins.
Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Help
Segmentation
Many of the company's Brick and Mortar stores are situated in United States including above 500 shops in nearly each of the state of US. The company has likewise a global presence in 8 different nations with its highest number of shops located in United Kingdom i.e. 21. The companyhas a total of 54 shops in global markets that is probably the 10% of its shops in the United States.
Targeting
The business targets its clothing brand to the young, tall and attractive teenagers and kids that are thought about to be cool. This targeting policy is accountable for different distinctions in the business associated with its competitors. For instance, the business employs good looking males and females for its shops and follows a stringent look policy to preserve tourist attraction of attractive people towards its shops and supply an unique brand name experience.
Positioning
The company has actually positioned its brand as a high-end brand name targeting just a particular market sector. The company with its non-traditional methods of marketing through models and agents posters its brand name image as a high-end clothes brand name targeted to the cool and attractive characters in society. This market position brings in numerous elite people towards the brand name but it harms the company's position in various communities focused at the equality in society.
External Analysis
Competitor Analysis
Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Solution faces a lot of competition in the market with the presence of different number of competitors in the market. A chart showing the close competitors in addition to their attributes and the marketing technique is given in. it could be seen that the American Eagle Outfitters is considered to be the strongest rivals for business with its marketing strategy associated to the television programs. Furthermore, Space is also thought about to be a prospective competitor in local in addition to in global; markets as the business is considering to move in the worldwide markets. Along with it, Honda Innovation The Chinese Way Case Study Analysis. with its versatile pricing method and the Victoria's Street with its strong social status posture an extreme threat to the present market share of the Porter's 5 Forces analysis of Honda Innovation The Chinese Way Case Analysis.
This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.