Wednesday, March 2, 2011

FINAL PROJECT: SWOT analysis

Strengths:  
•Samples
•Variety
•Well-trained, educated Associates
•Non-commission based
•Experts: hair products
•price adjustments
•Prices listed on display shelves
Weaknesses:
•Merging with another store
•Never offers gift with purchase
•Nasty testers
•Window display 
  Opportunity:
•Started in big “modern” cities, now going down to smaller cities
•30 stores opening per year every year
•Merging within different stores within a year
Threat:
 
•Other hair products
•Wal-Mart
•Target
•CVS
•Walgreen
•Personal selling: Paul Mitchell's, Aveda Institutes 
In a small group, develop a SWOT analysis for a business in your community. From that analysis, recommend a marketing strategy and marketing mix for this business.
(Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions 7.8). 
Managing the marketing function begins with a complete analysis of the company’s situation. The marketer should conduct a SWOT analysis, by which it evaluates the company’s overall strengths (S), weaknesses (W), opportunities (O), and threats (T)
(Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions 7.5.2).



 
 

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