Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Solution

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Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help

Porter's 5 Forces AnalysisA Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Solution could be performed to create numerous strategies using the strengths of the business to get chances, get rid of weaknesses and to decrease the dangers. It could likewise be used to evaluate that how specific weaknesses resist particular opportunities and increase the threats. The techniques prepared using the Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Solution are offered as follows;
• Usage of strong global brand name position and financial resources in expanding towards possible markets.
• Unique brand name experience could help out the business to better position itself in new markets.
• Resistance in growth in the possible international markets encouraging diversity.
• High costs limits the growth in various Asian and African nations with low per capita earnings.
• Strong brand name acknowledgment, non-traditional methods of marketing and the distinct brand experience might be made use of to reduce the risk from potential customers.
• Rigorous look policies might resulted in the customer shift towards Victoria with high social duty.
• Minimal target audience might resulted in a decrease in the overall market share of the company.
These techniques could assist the company to improvise its market position and be at the leading position in the market.

Financial Analysis


Monetary analysis for Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Analysis could be conducted to examine the schedule of financial resources to the company that could be made use of in expansion towards international markets. The monetary position of the company might be examined by using the data given up the case Display 1. The ratios that might be thought about in monetary performance analysis are given up the Table 1 below;

From the above Table 1, it might be seen that the company has a sensible financial efficiency with a ROE of 7.9% and a high sales growth of 18.4%. Although, a 4.3% net profit margin does not appears to be possible and the company needs to put efforts in increasing its incomes along with reducing its functional expenditures to increase its revenue margins.

Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Solution

Segmentation

Most of the business's Brick and Mortar stores are located in United States consisting of above 500 shops in almost each of the state of US. The company has also a worldwide presence in 8 various nations with its greatest number of stores situated in United Kingdom i.e. 21. The companyhas an overall of 54 stores in international markets that is most likely the 10% of its stores in the US.

Targeting


The business targets its clothing brand name to the young, tall and good-looking teenagers and kids that are considered to be cool. This targeting policy is accountable for numerous distinctions in the company associated with its rivals. For example, the business employs good looking men and women for its stores and follows a rigorous look policy to keep destination of attractive individuals towards its shops and offer a distinct brand name experience.

Positioning


The company has positioned its brand name as a high-end brand name targeting only a specific market segment. The company with its non-traditional ways of marketing through models and agents posters its brand image as a luxury clothing brand name targeted to the cool and attractive personalities in society. Although, this market position attracts various elite people towards the brand however it injures the business's position in different communities focused at the equality in society.

External Analysis

Competitor Analysis


Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Analysis faces a great deal of competitors in the market with the presence of numerous number of rivals in the market. A chart revealing 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 thought about to be the greatest rivals for company with its marketing method related to the television programs. Moreover, Space is also considered to be a possible rival in regional as well as in international; markets as the business is considering to shift in the global markets. Together with it, The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help. with its flexible pricing technique and the Victoria's Street with its strong social status present a serious danger to the existing market share of the Porter's 5 Forces analysis of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Solution.



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