Recommendations of Dominos Pizza: Strategies To Tackle Global Economic Slowdown Case Help

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Recommendations of Dominos Pizza: Strategies To Tackle Global Economic Slowdown Case Study Solution

RecommendationsOn the basis of above internal and external analysis of the business along with the assessment of various options, the business is recommended to think about alternative 3. As alternative 3 would enable the company to expand in international markets with no decrease in its local incomes and any deterioration of its market position. By thinking about Alternative 3, the company might preserve its shop experience and brand originality. It could also consider alternative 2 that could allow the business to access the markets without any prospective investment. The company could pursue alternative 1 which would allow the business to focus on potential worldwide markets rather than the local markets however as the company is extremely dependent on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the substantial decline in business's income. Therefore, the company is advised to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Dominos Pizza: Strategies To Tackle Global Economic Slowdown Case Help Stores

International SegmentsThe company has a long term market position in US which can not be generated quickly in the new markets. The option would help the business to expand in international markets along with the removal of problems raised in its regional markets related to its variety.

Pros:

• Exploration of brand-new global markets.
• Increase in earnings from international markets.
• Elimination of concerns connected to variety.
• Income diversity.
• Action towards being a strong global brand name.

Cons:

• Loss of comprehensive revenues from the local markets.
• Boost in competitors.
• Distinctions in cultures might led to a failure of the brand name particularly in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of Dominos Pizza: Strategies To Tackle Global Economic Slowdown Case Solution Stores

Alternative 2 consists of the intro of online market places through producing an appropriate company's site. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. might present a severe hazard to the market share of company. Furthermore, the rivals are shifting towards click and Recommendations of Dominos Pizza: Strategies To Tackle Global Economic Slowdown Case Analysis stores with Space presenting Piperline. This shift towards online markets might decrease the incomes for business. In this situation the company could consider presenting Click and Recommendations of Dominos Pizza: Strategies To Tackle Global Economic Slowdown Case Analysis shops. These shops with a low requirement of funds to settle would allow the company to reach international markets, without ending its domestic shops. The benefits and drawbacks of alternative 2 are given as follows;

Pros:

• Low financial investment
• Lowering competition danger
• Access to the world markets
• Enlarging customer base
• Easy to manage
• Large Earnings
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Danger to the marketplace position
• Removal of brand name Originality
• Removal of the excellent store experience.
• Danger of decline in elite sales.

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

Another choice that the company could consider, is to expand towards the worldwide markets without closing its domestic stores that contributes to the major part of incomes of the company. The benefits and drawbacks associated with Alternative 3 are provided listed below;

Pros:

• Reducing competitors danger
• Access to the world markets
• Increasing the size of consumer base
• Big Incomes
• Expedition of new international markets.
• Increase in income from international markets.
• Income diversification.
• Action towards being a strong worldwide brand.

Cons:

• Continuation of problems related to variety.
• Distinctions in cultures might resulted in a failure of the brand especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenses to acquire market share.



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