Recommendations of Noir Illuminati Ii (A): Defining Socially Responsible Affordable Luxury Clothing Case Analysis

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Recommendations of Noir Illuminati Ii (A): Defining Socially Responsible Affordable Luxury Clothing Case Study Analysis

On the basis of above internal and external analysis of the business along with the assessment of various options, the business is recommended to think about alternative 3. As alternative 3 would permit the company to expand in global markets without any decrease in its regional revenues and any degeneration of its market position. The company could pursue alternative 1 which would enable the business to focus on prospective worldwide markets rather than the regional markets but as the business is extremely reliant on the regional markets with 90% of its shops in the US, there fore pursuing option 1 would result in the significant decrease in company's income.

Aletrnative-1: Expanding International Brick and Recommendations of Noir Illuminati Ii (A): Defining Socially Responsible Affordable Luxury Clothing Case Solution Stores

Expansion towards international markets through opening brand-new stores in other Europe and Asian nations with closing domestic stores is although a great choice for increasing the international presence of the business. However, the closing of domestic shops might highly impact the profits of the firm as above 90% of its shops are located domestically and closing those shops would eventually lower the profits of the company. The business has a long term market position in US which can not be created soon in the brand-new markets. The option would assist the business to broaden in global markets along with the removal of problems raised in its regional markets related to its variety. The advantages and disadvantages for Alternative 1 are noted below;

Pros:

• Exploration of brand-new international markets.
• Boost in profits from worldwide markets.
• Elimination of issues related to variety.
• Income diversity.
• Action towards being a strong global brand.

Cons:

• Loss of comprehensive incomes from the local markets.
• Increase in competition.
• Differences in cultures might resulted in a failure of the brand name especially in Asian nations.
• Low earnings at preliminary levels.
• Increase in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of Noir Illuminati Ii (A): Defining Socially Responsible Affordable Luxury Clothing Case Analysis Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba etc. could pose a serious risk to the market share of business. In this scenario the business could consider introducing Click and Recommendations of Noir Illuminati Ii (A): Defining Socially Responsible Affordable Luxury Clothing Case Help stores. These stores with a low requirement of funds to settle would enable the company to reach international markets, without ending its domestic stores.

Pros:

• Low investment
• Decreasing competition threat
• Access to the world markets
• Enlarging consumer base
• Easy to manage
• Large Earnings
• Low Operating Costs
• Easy new market entrance

Cons:

• Threat to the market position
• Elimination of brand name Originality
• Removal of the terrific store experience.
• Danger of decrease in elite sales.

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

Another alternative that the business might think about, is to expand towards the international markets without closing its domestic shops that contributes to the huge part of revenues of the company. The advantages and disadvantages associated with Alternative 3 are offered listed below;

Pros:

• Decreasing competitors hazard
• Access to the world markets
• Expanding customer base
• Big Profits
• Exploration of brand-new worldwide markets.
• Boost in revenue from global markets.
• Profits diversity.
• Action towards being a strong worldwide brand name.

Cons:

• Extension of concerns connected to variety.
• Distinctions in cultures might led to a failure of the brand name specifically in Asian countries.
• Low incomes at preliminary levels.
• Increase in marketing expenses to get market share.



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