Recommendations of De Beers Arent Diamonds Forever Case Solution

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Recommendations of De Beers Arent Diamonds Forever Case Study Analysis

On the basis of above internal and external analysis of the business along with the assessment of numerous options, the company is advised to think about alternative 3. As alternative 3 would enable the company to expand in worldwide markets without any reduction in its local revenues and any wear and tear of its market position. By considering Alternative 3, the business could keep its shop experience and brand originality. It might also consider alternative 2 that might allow the business to access the markets without any possible investment. The business could pursue alternative 1 which would allow the company to focus on prospective global markets rather than the regional markets however as the business is extremely reliant on the regional markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the significant decrease in business's earnings. The company is advised to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of De Beers Arent Diamonds Forever Case Help Stores

The company has a long term market position in United States which can not be generated quickly in the new markets. The alternative would help the company to expand in worldwide markets along with the removal of concerns raised in its regional markets related to its variety.

Pros:

• Exploration of brand-new international markets.
• Boost in profits from international markets.
• Elimination of issues related to diversity.
• Earnings diversity.
• Action towards being a strong international brand name.

Cons:

• Loss of comprehensive revenues from the regional markets.
• Boost in competition.
• Differences in cultures might led to a failure of the brand name specifically in Asian nations.
• Low revenues at initial levels.
• Boost in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of De Beers Arent Diamonds Forever Case Analysis Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could present an extreme danger to the market share of company. In this circumstance the business could think about presenting Click and Recommendations of De Beers Arent Diamonds Forever Case Help stores. These stores with a low requirement of funds to settle would allow the business to reach global markets, without ending its domestic shops.

Pros:

• Low investment
• Minimizing competition risk
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Large Revenues
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Hazard to the market position
• Elimination of brand Originality
• Elimination of the great store experience.
• Threat of decline in elite sales.

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

Another option that the business might consider, is to broaden towards the international markets without closing its domestic stores that contributes to the huge part of profits of the business. The pros and cons connected to Alternative 3 are given below;

Pros:

• Reducing competitors danger
• Access to the world markets
• Expanding consumer base
• Big Incomes
• Expedition of new international markets.
• Increase in revenue from worldwide markets.
• Profits diversity.
• Step towards being a strong international brand.

Cons:

• Continuation of issues related to variety.
• Differences in cultures could resulted in a failure of the brand specifically in Asian countries.
• Low profits at initial levels.
• Boost in marketing expenditures to gain market share.



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