Recommendations of Pandgs Success Story In China Case Analysis
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Recommendations of Pandgs Success Story In China Case Study Solution
On the basis of above internal and external analysis of the business in addition to the assessment of various options, the business is advised to think about alternative 3. As alternative 3 would enable the business to broaden in international markets without any reduction in its local revenues and any wear and tear of its market position. By considering Alternative 3, the company might maintain its store experience and brand individuality. It might also think about alternative 2 that might allow the business to access the markets without any potential investment. The company might pursue alternative 1 which would enable the company to focus on potential international markets rather than the regional markets however as the business is extremely reliant on the regional markets with 90% of its shops in the US, there fore pursuing alternative 1 would result in the significant decline in company's revenue. For that reason, the company is advised to consider alternative 3.
Aletrnative-1: Expanding International Brick and Recommendations of Pandgs Success Story In China Case Help Stores
The company has a long term market position in US which can not be produced soon in the new markets. The option would assist the business to expand in worldwide markets along with the elimination of concerns raised in its local markets related to its diversity.
Pros:
• Expedition of brand-new worldwide markets.
• Increase in earnings from global markets.
• Elimination of issues connected to variety.
• Profits diversification.
• Action towards being a strong global brand.
Cons:
• Loss of comprehensive incomes from the local markets.
• Boost in competition.
• Distinctions in cultures might resulted in a failure of the brand name specifically in Asian nations.
• Low incomes at initial levels.
• Increase in marketing expenses to acquire market share.
Alternative-2: Introduction of Click and Recommendations of Pandgs Success Story In China Case Help Stores
With the increased trends towards online shopping, the online shops like Amazon, Alibaba and so on might posture an extreme risk to the market share of business. In this situation the business might think about introducing Click and Recommendations of Pandgs Success Story In China Case Analysis stores. These stores with a low requirement of funds to settle would make it possible for the business to reach global markets, without ending its domestic stores.
Pros:
• Low financial investment
• Minimizing competitors risk
• Access to the world markets
• Enlarging customer base
• Easy to handle
• Large Profits
• Low Operating Expense
• Easy brand-new market entryway
Cons:
• Hazard to the market position
• Removal of brand Uniqueness
• Removal of the excellent shop experience.
• Threat of decline in elite sales.
Alternative-3: Expansion towards International Markets Without closing Domestic Stores
Another choice that the company might think about, is to expand towards the global markets without closing its domestic stores that contributes to the major part of earnings of the company. The pros and cons related to Alternative 3 are provided listed below;
Pros:
• Reducing competitors danger
• Access to the world markets
• Expanding customer base
• Large Profits
• Expedition of new global markets.
• Boost in income from global markets.
• Profits diversification.
• Step towards being a strong international brand.
Cons:
• Continuation of issues related to diversity.
• Distinctions in cultures could caused a failure of the brand specifically in Asian nations.
• Low revenues at preliminary levels.
• Increase in marketing expenses to acquire market share.
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