Porter's 5 Forces analysis of Hyundais Marketing Strategies In India Case Solution
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Porter's 5 Forces analysis of Hyundais Marketing Strategies In India Case Study Analysis
A Porter's 5 Forces analysis of Hyundais Marketing Strategies In India Case Help could be carried out to design various techniques using the strengths of the business to get opportunities, conquer weak points and to decrease the hazards. It could likewise be utilized to assess that how certain weak points resist particular opportunities and increase the hazards. The methods prepared utilizing the Porter's 5 Forces analysis of Hyundais Marketing Strategies In India Case Help are given as follows;
• Usage of strong global brand name position and financial resources in expanding towards prospective markets.
• Special brand experience could assist the company to much better position itself in brand-new markets.
• Resistance in growth in the possible international markets encouraging diversity.
• High costs restricts the growth in different Asian and African countries with low per capita income.
• Strong brand recognition, non-traditional methods of marketing and the unique brand experience might be made use of to lower the danger from prospective consumers.
• Stringent look policies could led to the customer shift towards Victoria with high social responsibility.
• Limited target audience might resulted in a decrease in the total market share of the business.
These methods could assist the company to improvise its market position and be at the leading position in the market.
Financial Analysis
Monetary analysis for Porter's 5 Forces analysis of Hyundais Marketing Strategies In India Case Analysis could be conducted to assess the availability of financial resources to the company that could be utilized in expansion towards global markets. The monetary position of the company could be examined by utilizing the data given up the case Exhibition 1. The ratios that might be thought about in financial efficiency analysis are given in the Table 1 below;
From the above Table 1, it might be seen that the company has a sensible monetary performance with a ROE of 7.9% and a high sales growth of 18.4%. Although, a 4.3% net earnings margin does not appears to be prospective and the company needs to put efforts in increasing its profits together with lowering its operational expenses to increase its profit margins.
Porter's 5 Forces analysis of Hyundais Marketing Strategies In India Case Solution
Segmentation
Most of the company's Brick and Mortar shops are situated in United States including above 500 stores in practically each of the state of United States. The company has also a worldwide existence in 8 various countries with its greatest number of shops situated in United Kingdom i.e. 21. The companyhas an overall of 54 stores in worldwide markets that is probably the 10% of its shops in the US.
Targeting
The company targets its clothing brand name to the young, tall and attractive teenagers and kids that are considered to be cool. This targeting policy is responsible for numerous differences in the business related to its rivals. For instance, the company hires great looking men and women for its shops and follows a stringent appearance policy to maintain destination of good-looking individuals towards its stores and offer an unique brand name experience.
Positioning
The company has actually placed its brand as a high-end brand name targeting just a specific market sector. The company with its non-traditional ways of marketing through designs and representatives posters its brand name image as a high-end clothing brand name targeted to the cool and good-looking characters in society. Although, this market position brings in various elite individuals towards the brand name however it hurts the business's position in numerous communities focused at the equality in society.
External Analysis
Competitor Analysis
Porter's 5 Forces analysis of Hyundais Marketing Strategies In India Case Help faces a lot of competitors in the market with the existence of different number of rivals in the market. Gap is also considered to be a potential competitor in regional as well as in global; markets as the business is thinking about to move in the global markets.
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