Porter's 5 Forces analysis of Michael Jackson: The Rise And Fall Of The King Of Pop Case Help

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Porter's 5 Forces analysis of Michael Jackson: The Rise And Fall Of The King Of Pop Case Study Analysis

A Porter's 5 Forces analysis of Michael Jackson: The Rise And Fall Of The King Of Pop Case Analysis could be carried out to design various methods utilizing the strengths of the company to obtain opportunities, conquer weak points and to reduce the threats. It might also be used to assess that how particular weak points withstand certain opportunities and increase the dangers. The techniques drafted utilizing the Porter's 5 Forces analysis of Michael Jackson: The Rise And Fall Of The King Of Pop Case Analysis are given as follows;
• Usage of strong worldwide brand position and financial resources in broadening towards possible markets.
• Distinct brand name experience could help out the company to much better position itself in brand-new markets.
• Resistance in expansion in the potential global markets motivating variety.
• High rates restricts the expansion in different Asian and African countries with low per capita earnings.
• Strong brand recognition, non-traditional methods of marketing and the distinct brand name experience could be utilized to lower the hazard from possible clients.
• Stringent appearance policies might resulted in the consumer shift towards Victoria with high social responsibility.
• Minimal target markets might caused a decline in the total market share of the business.
These strategies might help the business 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 Michael Jackson: The Rise And Fall Of The King Of Pop Case Solution might be conducted to assess the availability of funds to the business that might be used in growth towards international markets. The financial position of the company might be assessed by using the data given up the case Exhibit 1. The ratios that might be considered in monetary efficiency analysis are given in the Table 1 listed below;

From the above Table 1, it could be seen that the business has an affordable monetary performance with a ROE of 7.9% and a high sales development of 18.4%. Although, a 4.3% net profit margin does not appears to be possible and the business needs to put efforts in increasing its profits along with lowering its operational expenditures to increase its earnings margins.

Porter's 5 Forces analysis of Michael Jackson: The Rise And Fall Of The King Of Pop Case Help

Segmentation

Many of the business's Brick and Mortar shops are located in US consisting of above 500 stores in practically each of the state of US. The company has likewise a global existence in 8 different countries with its highest number of shops situated in United Kingdom i.e. 21. The companyhas a total of 54 shops in global markets that is most likely the 10% of its shops in the United States.

Targeting

The business targets its clothing brand to the young, high and attractive teens and kids that are considered to be cool. This targeting policy is accountable for various differences in the business related to its competitors. The company hires great looking guys and women for its stores and follows a stringent look policy to maintain tourist attraction of attractive individuals towards its stores and provide a distinct brand name experience.

Positioning

The business has placed its brand as a high-end brand name targeting just a specific market section. The company with its non-traditional ways of marketing through designs and agents posters its brand image as a high-end clothing brand name targeted to the cool and attractive personalities in society. This market position brings in different elite individuals towards the brand but 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 Michael Jackson: The Rise And Fall Of The King Of Pop Case Help faces a lot of competition in the market with the existence of various number of competitors in the market. Gap is also thought about to be a prospective competitor in regional as well as in worldwide; markets as the business is thinking about to move in the international markets.



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