Recommendations of Bandqs Strategies In China Case Help

Home >> Ibs Center For Management Research >> Bandqs Strategies In China >> Recommendations

Recommendations of Bandqs Strategies In China Case Study Analysis

On the basis of above internal and external analysis of the business together with the examination of different options, the company is recommended to think about alternative 3. As alternative 3 would permit the company to expand in global markets with no decrease in its regional earnings and any wear and tear of its market position. By considering Alternative 3, the business might preserve its store experience and brand uniqueness. It might likewise consider alternative 2 that might allow the company to access the markets without any possible financial investment. The company might pursue alternative 1 which would allow the company to focus on prospective international markets rather than the regional markets but as the business is extremely reliant on the local markets with 90% of its shops in the US, there fore pursuing option 1 would result in the substantial decline in company's income. The business is advised to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Bandqs Strategies In China Case Help Stores

Growth towards worldwide markets through opening new shops in other Europe and Asian nations with closing domestic shops is although a great option for increasing the international existence of the business. However, the closing of domestic stores might highly affect the incomes of the firm as above 90% of its stores lie locally and closing those shops would ultimately lower the earnings of the firm. The company has a long term market position in United States which can not be created soon in the new markets. The choice would help the business to broaden in global markets along with the elimination of problems raised in its local markets connected to its diversity. The advantages and disadvantages for Alternative 1 are noted below;

Pros:

• Expedition of brand-new international markets.
• Boost in earnings from worldwide markets.
• Removal of problems related to diversity.
• Earnings diversification.
• Action towards being a strong global brand name.

Cons:

• Loss of extensive earnings from the regional markets.
• Increase in competition.
• Differences in cultures might caused a failure of the brand name especially in Asian nations.
• Low profits at initial levels.
• Increase in marketing expenditures to gain market share.

Alternative-2: Introduction of Click and Recommendations of Bandqs Strategies In China Case Analysis Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could posture a severe danger to the market share of company. In this scenario the business could think about presenting Click and Recommendations of Bandqs Strategies In China Case Solution stores. These shops with a low requirement of funds to settle would make it possible for the company to reach international markets, without ending its domestic stores.

Pros:

• Low investment
• Lowering competitors threat
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Big Revenues
• Low Operating Expense
• Easy new market entrance

Cons:

• Threat to the marketplace position
• Elimination of brand Uniqueness
• Elimination of the terrific store experience.
• Risk of decrease in elite sales.

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

Another choice that the company could think about, is to broaden towards the international markets without closing its domestic shops that adds to the huge part of earnings of the company. The advantages and disadvantages connected to Alternative 3 are provided listed below;

Pros:

• Lowering competitors hazard
• Access to the world markets
• Increasing the size of customer base
• Big Profits
• Expedition of new worldwide markets.
• Boost in profits from global markets.
• Earnings diversification.
• Action towards being a strong worldwide brand.

Cons:

• Extension of concerns connected to diversity.
• Distinctions in cultures could led to a failure of the brand specifically in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenses to acquire market share.



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.