Recommendations of Eko Indias Financial Inclusion Initiative Case Analysis

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Recommendations of Eko Indias Financial Inclusion Initiative Case Study Help

On the basis of above internal and external analysis of the company along with the examination of numerous options, the company is advised to think about alternative 3. As alternative 3 would enable the company to broaden in global markets without any decrease in its local incomes and any wear and tear of its market position. The business could pursue alternative 1 which would allow the business to focus on possible worldwide markets rather than the local markets however as the company is extremely reliant on the local markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the substantial decrease in business's profits.

Aletrnative-1: Expanding International Brick and Recommendations of Eko Indias Financial Inclusion Initiative Case Analysis Stores

The company has a long term market position in US which can not be created quickly in the new markets. The option would assist the company to broaden in worldwide markets along with the removal of problems raised in its regional markets related to its variety.

Pros:

• Expedition of new international markets.
• Increase in revenue from international markets.
• Elimination of problems associated with diversity.
• Revenue diversification.
• Step towards being a strong worldwide brand name.

Cons:

• Loss of extensive revenues from the regional markets.
• Increase in competition.
• Distinctions in cultures could caused a failure of the brand name especially in Asian nations.
• Low profits at preliminary levels.
• Increase in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Eko Indias Financial Inclusion Initiative Case Solution Stores

Alternative 2 consists of the intro of online market locations through producing a proper business's site. With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could pose a severe threat to the market share of company. Additionally, the rivals are shifting towards click and Recommendations of Eko Indias Financial Inclusion Initiative Case Solution stores with Space introducing Piperline. This shift towards online markets might lower the incomes for company. In this situation the business might consider introducing Click and Recommendations of Eko Indias Financial Inclusion Initiative Case Solution shops. These stores with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic stores. The advantages and disadvantages of option 2 are provided as follows;

Pros:

• Low investment
• Minimizing competition danger
• Access to the world markets
• Expanding consumer base
• Easy to manage
• Large Revenues
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Hazard to the marketplace position
• Elimination of brand name Individuality
• Removal of the terrific store experience.
• Risk of decrease in elite sales.

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

Another alternative that the business could think about, is to broaden towards the worldwide markets without closing its domestic stores that adds to the huge part of incomes of the business. The benefits and drawbacks related to Alternative 3 are given listed below;

Pros:

• Minimizing competition danger
• Access to the world markets
• Enlarging customer base
• Large Profits
• Expedition of brand-new international markets.
• Increase in income from global markets.
• Earnings diversity.
• Step towards being a strong international brand name.

Cons:

• Extension of issues associated with variety.
• Differences in cultures might resulted in a failure of the brand specifically in Asian nations.
• Low incomes at preliminary levels.
• Increase in marketing expenditures to get market share.



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