1 SWOT ANALYSIS FOR INSULEX 1.1 STRENGTHS • As Insulex is a new company one of its main strengths is its ability to study current businesses to determine their weaknesses. With these weaknesses Insulex can turn them into strengths and apply them to their business. This can also be applied to the current market to determine areas that are in need of improvement and apply these to Insulex. • As it is now established that to sell or rent your house you must have an energy rating carried out [1][2], the lower your building energy rating (BER) the more work must be done on the house which in turn will lower your selling or renting price. By insulating hot water cylinders and pipework, and by increasing the insulation in walls/attic/floor you can improve a BER [3]. This is a great strength for Insulex as more people are opting to sell or rent their property. • Martin McCarthy is the managing director of Insulex Insulation, behind him he has 25 years’ experience in the general construction and Insulation business. From this Martin knows the right connections in the construction and insulation market to obtain quality materials needed to strive in the Insulation business. As he has worked within construction all his life he has earned respect and is well known allowing to him hire quality employees that live up to his name [4]. • Insulex was created in 2009 just after the SEAI (Sustainable Energy Authority of Ireland) Insulation grants came into effect (2009), this was a very smart move and insured people who couldn’t afford Insulation now were willing customers [5]. 1.2 WEAKNESSES • One of the greatest weaknesses is that Insulex entered a market that was saturated to begin with. Due to the market saturation Insulex must compete agains... ... middle of paper ... ...text will help your webpage flow better, and by keeping it simple by removing unneeded visuals you will allow the important areas to stand out [19]. • Clean backgrounds, the background textures and colours will decide your overall appeal of the website. Too much texture and it becomes a distraction and less the customers will notice text and images. Colours like yellow and red will cause visual fatigue [19]. I also believe that Insulex.ie should remove their flame as it does not match the market the company is in, also they should use the logo from their Facebook page as it is more appealing. They should also remove change their background to a white and blue colour to match their slogan as other insulation companies websites are near Identical [20]. 4 RECOMMENDED STRATEGY TO DIFFERENTIATE INSULEX FROM ITS COMPETITORS AND GIVE A COMPETITIVE ADVANTAGE IN THE MARKET.
To conclude, these issues are holding back the firm from being able to sustain profitability to a great extent. If these are resolved, then it can help the firm to form an overall profitability as each of its subsidiaries will contribute to be profitable by functioning only in the packaging sector or exploring new markets.
The CVS Caremark Corporation has internal strengths which it should capitalize on while organizing ways to be more proactive in improving on its weaknesses for increases in pharmaceutical market share in the American markets and future markets abroad. In order to be a successful organization CVS should direct its efforts to position itself for a larger customer base and improve the value for all of its stakeholders. Below is a list of CVS’s organizational internal strengths and weaknesses:
A business can either take a step forward or a step back depending on the external and internal influences and how they handle them, they can either flourish or enter stages of degradation and cessation. External and internal influences on a businesses plays a part in the opportunities that arise in the industry the business operates in, otherwise the business may choose to venture out of it’s defined industry depending on the opportunities at hand. Businesses are affected by internal and external influences to a degree where they are either benefiting or suffering from the way they handle opportunities that arise. The five articles depict the problems encountered by businesses no matter their size or industry.
... of market penetration could be implement to foster WRSX to increase market share by providing maintenance of the current position first, rather than striving to expand (Cole, 2003).
Lange, A. (2013). A wide moat leaves Intuit well positioned to compete with contenders. Retrieved from http://analysisreport.morningstar.com/stock/research?t=
Invacare should keep studying the market so they can keep up with their competitors. Although Invacare does keep a cost constraint strategy they shouldn’t let that keep them from further innovation. As there are consumers who are able to afford more expensive products. For future investments Invacare, can expand more internationally and expand their range of countries they currently deliver to. The company can also improve products they acquired from other companies to keep up the image Invacare has for
For example, bankruptcy, competition, recalls and high structure costs, are a few of its weaknesses. Competition breeds success, at least that’s what my boss always says. Competition, is a weakness for Chevrolet, as more automotive companies strive to manufacture the next bestselling automobile. Chevrolet, always has to look into its rear view mirror at what the competition is doing. Moreover, since there are so many different vehicles on the market, that gives consumers a wide range of choices. Competition between the automotive companies for market share, requires them to use their most effective marketing techniques. Interestingly, when companies battle for market share, this increases the consumers bargaining power (Lutz,
The most interesting company to compare Inditex is The Gap. Although The Gap has much higher revenues than Inditex (almost five times Inditex), it incurred a net loss, as opposed to Inditex, which achieved a 23%, return in investment. This is due to the extremely high costs of good sold for The Gap. This could be caused -at least partially- by the complete outsourcing of the production. They do not have enough control over the production costs. Although The Gap has larger market share than Inditex and has equity almost double that of Inditex, Inditex is much more profitable.
It's a happy medium. We need lots of "eye candy", but we also need the copy for search engines. Many visitors are in a hurry, or are not as eager to read. Visual cues and clear steps are crucial for engagement. Because the consumer's decision to buy is made in the part of the brain that relates to emotion, stories and images, I follow user experience standards that compel action.
For Allstate, the following aspects would be considered strengths of the company: strong management, financial leverage, pricing power, unique products, size advantages, and brand name. For strong management, this factor leads to decreased cost. In addition, financial leverage allows the company to utilize their balance sheet to expand their business which leads
The internal issues are human resources management and cost management. The company has lacked a potential manager with international experience who can design an organization for international expansion. The company also unable handles the high cost of forming the business in other territories.
...lopment industry as well as the strengths and weaknesses within the company. The Business Strategy should reflect the main issues that determine the long-term
Lastly, the company needed a long-term strategy for the company to survive the intense competition in the industry.
The second thing that follows content is the simplicity of the web page. The simplification paradigm would contain content, usability, accessibility and visuals to make the site legible and user-friendly.