Recommendations of Star River Electronics Ltd Case Help

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Recommendations of Star River Electronics Ltd Case Study Solution

On the basis of above internal and external analysis of the business along with the examination of various options, the company is recommended to think about alternative 3. As alternative 3 would enable the business to broaden in international markets without any decrease in its local revenues and any wear and tear of its market position. The company might pursue alternative 1 which would enable the company to focus on possible international markets rather than the regional markets but as the company is extremely dependent on the local markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the considerable decrease in business's earnings.

Aletrnative-1: Expanding International Brick and Recommendations of Star River Electronics Ltd Case Solution Stores

The business has a long term market position in United States which can not be generated quickly in the new markets. The alternative would assist the business to broaden in worldwide markets along with the elimination of issues raised in its local markets related to its diversity.

Pros:

• Exploration of new international markets.
• Increase in profits from global markets.
• Removal of concerns associated with variety.
• Earnings diversity.
• Step towards being a strong worldwide brand name.

Cons:

• Loss of substantial incomes from the regional markets.
• Boost in competitors.
• Differences in cultures might led to a failure of the brand name especially in Asian nations.
• Low earnings at preliminary levels.
• Boost in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Star River Electronics Ltd Case Help Stores

Alternative 2 consists of the intro of online market places through generating a correct company's site. With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on might present an extreme danger to the marketplace share of business. Moreover, the competitors are moving towards click and Recommendations of Star River Electronics Ltd Case Analysis shops with Space presenting Piperline. This shift towards online markets might reduce the earnings for business. In this scenario the company might consider introducing Click and Recommendations of Star River Electronics Ltd Case Solution stores. These shops with a low requirement of funds to settle would allow the business to reach worldwide markets, without ending its domestic stores. The advantages and disadvantages of option 2 are provided as follows;

Pros:

• Low investment
• Reducing competition hazard
• Access to the world markets
• Expanding consumer base
• Easy to handle
• Large Revenues
• Low Operating Expense
• Easy new market entrance

Cons:

• Risk to the marketplace position
• Elimination of brand name Individuality
• Removal of the great store experience.
• Danger of decline in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another alternative that the company might think about, is to broaden towards the international markets without closing its domestic shops that contributes to the huge part of revenues of the business. The benefits and drawbacks associated with Alternative 3 are given listed below;

Pros:

• Minimizing competitors risk
• Access to the world markets
• Enlarging customer base
• Big Revenues
• Expedition of brand-new worldwide markets.
• Boost in income from global markets.
• Profits diversity.
• Step towards being a strong worldwide brand.

Cons:

• Extension of problems associated with diversity.
• Distinctions in cultures could resulted in a failure of the brand particularly in Asian countries.
• Low incomes at initial levels.
• Boost in marketing expenditures to get market share.



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