Case Study Of Access Closet Collection

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At the moment, Access Closet Collection’s management is focusing on putting all modalities in place to develop an interactive ecommerce website that will support professionalism, customer service and swiftness in operation. The company shall employ proven marketing campaign tactics to expand its influence in the online retail market. Going forward, Access Closet Collection shall commit to weighing and reviewing feedbacks from current and prospective clients while leveraging on the word of mouth advantage from satisfied clients to build brand equity that endorses increase in business acceptance. In the future, Access Closet Collection may choose to expand its frontier of operation to other spheres influence within the industry. One of the avenues …show more content…

The company may anticipate exiting once its growth attracts opportunities for merger and acquisition scenario. The founder may therefore, welcome a suitable merger and acquisition scenario whereby the company is acquired by a larger company capable of funding its continued expansion locally. Similarly, the Company may instead undergo a merger that facilitates its increased market penetration through diversification, expanded geographic reach and increased contacts and resources. Also, on approaching peak capacity, the founder may likewise consider selling the company at a maximized profit. The founder may be looking at selling the company to the highest bidder. It is estimated that the owner would be able to sell the company for a range of three to eight times earnings before interest and taxes. It would also not foreclose the possibility of choosing to remain “as-is,” i.e., privately-funded and operated. The option to continue expanding may be salient. With large cash flows and profits, stakeholders may decide that it is in the company’s best interest to continue operations and expand accordingly. Therefore, the ultimate decision will depend upon market forces, the position of the management staff and other stakeholders in the …show more content…

Festive clothes (outfits) related to various events such as wedding, corporate parties, theme parties, films and photo shoots are witnessing increasing demand in the online clothing rental market. Online clothing rental portals offer a wide range of clothes which can be filtered by size, color, type of outfits, brands and prices. In addition to this, online rental service providers offer consultation services to customers though their contracted experts (designers, image consultants, and other fashion experts) via phone, or email in order to enhance customer

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