Recommendations of Ges Digital Revolution: Redefining The E In Ge Case Help

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Recommendations of Ges Digital Revolution: Redefining The E In Ge Case Study Help

On the basis of above internal and external analysis of the business together with the assessment of different alternatives, the business is suggested to consider alternative 3. As alternative 3 would permit the company to broaden in global markets with no reduction in its local profits and any degeneration of its market position. By thinking about Alternative 3, the business might preserve its shop experience and brand name individuality. It could also consider alternative 2 that might allow the company to access the markets without any potential investment. Although, the company could pursue alternative 1 which would allow the company to concentrate on potential global markets instead of the regional markets but as the company is highly dependent on the regional markets with 90% of its stores in the US, there fore pursuing option 1 would result in the considerable decline in business's profits. The business is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Ges Digital Revolution: Redefining The E In Ge Case Solution Stores

Expansion towards international markets through opening brand-new stores in other Europe and Asian countries with closing domestic stores is although a good alternative for increasing the worldwide presence of the business. The closing of domestic stores could highly affect the incomes of the firm as above 90% of its stores are situated locally and closing those shops would eventually lower the incomes of the firm. Additionally, the company has a long term market position in United States which can not be generated quickly in the brand-new markets. The option would assist the company to expand in global markets along with the elimination of concerns raised in its regional markets associated with its variety. The advantages and disadvantages for Option 1 are noted below;

Pros:

• Expedition of brand-new international markets.
• Boost in income from international markets.
• Elimination of concerns associated with variety.
• Profits diversification.
• Step towards being a strong international brand.

Cons:

• Loss of comprehensive profits from the regional markets.
• Boost in competitors.
• Differences in cultures could led to a failure of the brand especially in Asian nations.
• Low incomes at initial levels.
• Boost in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of Ges Digital Revolution: Redefining The E In Ge Case Analysis Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on might posture an extreme danger to the market share of business. In this scenario the business could consider presenting Click and Recommendations of Ges Digital Revolution: Redefining The E In Ge Case Help shops. These shops with a low requirement of funds to settle would enable the company to reach global markets, without ending its domestic stores.

Pros:

• Low financial investment
• Minimizing competition threat
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Big Revenues
• Low Operating Costs
• Easy new market entrance

Cons:

• Threat to the market position
• Elimination of brand name Individuality
• Removal of the terrific shop experience.
• Danger of decrease in elite sales.

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

Another option that the company might consider, is to expand towards the global markets without closing its domestic shops that adds to the major part of revenues of the business. The advantages and disadvantages related to Alternative 3 are given listed below;

Pros:

• Minimizing competition hazard
• Access to the world markets
• Enlarging consumer base
• Large Incomes
• Expedition of new international markets.
• Increase in profits from global markets.
• Profits diversity.
• Action towards being a strong worldwide brand name.

Cons:

• Extension of concerns associated with variety.
• Differences in cultures might caused a failure of the brand particularly in Asian countries.
• Low revenues at initial levels.
• Increase in marketing expenses to get market share.



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