Tuesday, June 18, 2019
Report on a mid size business. Soccer scene is the business Essay
Report on a mid size barter. Soccer scene is the business - Essay ExampleIt has earned a better reputation because of the technical staff that it has hired over these years which is able to provide the customers with the right thing on the right time. The confederation excels in possessing all the important things that a shop would have for the fans of the respective sports. The company is not only limited to itself but its strength freighter also be seen in the press. On several instances the company has been cited in the press which has helped people to know about the store. Soccer Scene is believed to be a developing business which would take over the limits in the coming years. With the quality and expertise that it possesses it can be said that soccer scene might become very self-made in the future. In this report the strategies followed by the company would be highlighted along with its current plan of growth and advertisements (Soccer Scene 2010 ECR Newsletter 2006). Situa tion Analysis beat Strengths, Weaknesses, Opportunities and Threats The company is developing with the rise in the fans of the football and rugby fans. Currently the company possesses the right expertise and talent required to expand their company in accordance to the needs of the customers. It is creating a brand image which can help them in the future to enhance their promotional activities. The most potent strength of the company is that it has chosen a large audience which can be its customers. It has opened stores in those locations where the sports are commonly seen and hailed. A great part of the population residing in United Kingdom watches the football matches and hence the fans of the sports are more than anywhere in the world. The company uses this as a strength and targets this audience to increase their sales. furthermore the company is primed(p) in specific areas so it is able to attract a large population of fans. The company has somewhat weaknesses which can prov e to be a hurdle for it to expand. Currently the company has not created a brand image like other(a) brands which exist in the market for a long-acting time. Soccer Scene is still in its developing stages and hence faces intense opposition in the market of sports where already some famous brands exist. Brand verity cannot be easily achieved if certain techniques are not employed and this can prove to be a weakness for Soccer Scene. In comparison to other brands it can also be said that it lacks the funds to advertise itself like other brands. It also has limited options as to where it has to choose the audience from as it is located only in some nations. The company has several opportunities which it can avail to make them its strengths. The company can open its outlets in other countries where already some brands exist so it can have a wide-cutr market to choose from. It can include other types of goods so that it can attract a wide range of customers which can benefit the bus iness. It can allocate its funds effectively such that intense advertisements are done to create brand loyalty. Furthermore its products can be improved so that it can face the competition in the market. Currently the company is facing many threats in the market which it exists. It faces immense competition from organized brands in the country that it is located. With intense competition it can be impossible for it to expand as its competitors have already created a
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