Porter's 5 Forces analysis of Alfin Fragrances Inc Case Help
Home >> Darden Business School >> Alfin Fragrances Inc >> Porter's 5 Forces analysis
Porter's 5 Forces analysis of Alfin Fragrances Inc Case Study Analysis
A Porter's 5 Forces analysis of Alfin Fragrances Inc Case Analysis might be performed to create different techniques utilizing the strengths of the business to avail chances, conquer weak points and to lower the risks. It could also be utilized to examine that how particular weak points resist certain chances and increase the dangers. The methods drafted utilizing the Porter's 5 Forces analysis of Alfin Fragrances Inc Case Solution are provided as follows;
• Usage of strong global brand name position and financial resources in broadening towards possible markets.
• Unique brand name experience could help out the company to much better position itself in brand-new markets.
• Resistance in expansion in the potential global markets motivating diversity.
• High prices restricts the growth in numerous Asian and African countries with low per capita earnings.
• Strong brand name recognition, non-traditional ways of marketing and the special brand name experience might be utilized to decrease the danger from prospective clients.
• Rigorous appearance policies might caused the consumer shift towards Victoria with high social duty.
• Limited target audience might led to a decrease in the total market share of the company.
These strategies 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 Alfin Fragrances Inc Case Solution might be conducted to evaluate the accessibility of funds to the business that could be made use of in growth towards international markets. The financial position of the business might be examined by utilizing the information given up the case Exhibition 1. The ratios that could be considered in financial 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 performance with a ROE of 7.9% and a high sales growth of 18.4%. A 4.3% net profit margin does not seems to be prospective and the business needs to put efforts in increasing its incomes along with minimizing its operational costs to increase its profit margins.
Porter's 5 Forces analysis of Alfin Fragrances Inc Case Analysis
Segmentation
Many of the business's Brick and Mortar shops are situated in US consisting of above 500 shops in almost each of the state of US. The business has also a worldwide presence in 8 different nations with its highest number of shops located in United Kingdom i.e. 21. The companyhas an overall of 54 stores in worldwide markets that is most likely the 10% of its stores in the US.
Targeting
The business targets its clothing brand to the young, high and good-looking teens and kids that are thought about to be cool. This targeting policy is accountable for numerous differences in the business related to its competitors. The business works with excellent looking males and women for its stores and follows a strict look policy to maintain destination of attractive people towards its shops and provide a distinct brand experience.
Positioning
The business has actually positioned its brand name as a high-end brand targeting only a particular market section. The company with its non-traditional methods of marketing through designs and agents posters its brand image as a luxury clothes brand targeted to the cool and good-looking characters in society. This market position brings in numerous elite individuals towards the brand name however 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 Alfin Fragrances Inc Case Help faces a lot of competition in the market with the presence of various number of rivals in the market. Space is likewise thought about to be a possible competitor in regional as well as in worldwide; markets as the company is considering to shift in the worldwide markets.
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.