Porter's 5 Forces analysis of Nokias Strategy In India Case Solution
Home >> Ibs Center For Management Research >> Nokias Strategy In India >> Porter's 5 Forces analysis
Porter's 5 Forces analysis of Nokias Strategy In India Case Study Solution
A Porter's 5 Forces analysis of Nokias Strategy In India Case Analysis could be conducted to create various methods using the strengths of the business to get chances, overcome weak points and to minimize the dangers. It might also be used to evaluate that how particular weaknesses withstand specific chances and increase the hazards. The techniques prepared utilizing the Porter's 5 Forces analysis of Nokias Strategy In India Case Analysis are offered as follows;
• Usage of strong global brand name position and funds in expanding towards potential markets.
• Distinct brand name experience could help out the company to much better position itself in brand-new markets.
• Resistance in growth in the potential global markets encouraging diversity.
• High prices limits the growth in various Asian and African nations with low per capita income.
• Strong brand name recognition, non-traditional ways of marketing and the special brand experience could be made use of to decrease the threat from possible customers.
• Strict appearance policies could caused the customer shift towards Victoria with high social obligation.
• Minimal target markets might led to a decrease in the total market share of the business.
These techniques 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 Nokias Strategy In India Case Solution might be performed to examine the schedule of financial resources to the business that might be made use of in expansion towards worldwide markets. The monetary position of the business could be examined by utilizing the information given up the case Exhibition 1. The ratios that might be considered in financial efficiency analysis are given up the Table 1 below;
From the above Table 1, it might be seen that the business has a reasonable financial performance with a ROE of 7.9% and a high sales growth of 18.4%. A 4.3% net profit margin does not seems to be potential and the company should put efforts in increasing its earnings along with decreasing its functional expenses to increase its profit margins.
Porter's 5 Forces analysis of Nokias Strategy In India Case Solution
Segmentation
The division analysis consists of the analysis of various company sections of the company in domestic and the global, markets. Most of the business's Traditional stores are located in US including above 500 shops in practically each of the state of US. However, the company has also a global existence in 8 different countries with its greatest variety of stores located in United Kingdom i.e. 21. The companyhas an overall of 54 shops in worldwide markets that is probably the 10% of its shops in the United States. It implies that bulk of the revenues of the business originated from the regional markets. Additionally, the company is thinking about to broaden its shops into 7 more European and Asian nations. A chart revealing the presence of the company in different international markets is given up the Appendix 2.
Targeting
The company targets its clothing brand name to the young, tall and attractive teens and kids that are considered to be cool. This targeting policy is accountable for different distinctions in the company connected to its rivals. The business hires excellent looking guys and ladies for its shops and follows a strict look policy to preserve tourist attraction of attractive people towards its stores and provide an unique brand experience.
Positioning
The company has actually positioned its brand name as a high-end brand name targeting just a specific market segment. The business with its non-traditional methods of marketing through models and agents posters its brand image as a luxury clothes brand targeted to the cool and good-looking personalities in society. Although, this market position draws in different elite people towards the brand name however it harms the company's position in different neighborhoods focused at the equality in society.
External Analysis
Competitor Analysis
Porter's 5 Forces analysis of Nokias Strategy In India Case Analysis deals with a lot of competitors in the market with the existence of various number of competitors in the market. Gap is also considered to be a possible rival in regional as well as in worldwide; markets as the company is thinking about to move in the worldwide markets.
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.