SWOT analysis possesses a wide variety of real and potential applications and is a key part of any business planning and analysis. You can always start to design your SWOT diagrams from the blank sheet using the included predesigned vector objects, but in many cases to save the time and efforts for SWOT diagramming would be preferable to use the ready example the most appropriate to your needs. The goal is really a simple one: This analysis tool can help you focus your attention on the specific success factors that are right for your team.
Now, it has grown to more than 60 stores national wide. Merchandise diversification POPULAR sells a wide variety of fiction, non-fiction and general interest books in English, Chinese and Malay languages, as well as school textbooks and revision books.
In addition, it also offers a large selection of magazines, stationery, multi-media products, gift items and CDs. Featured mega stores Its four mega stores in the Klang Valley, Penang and Johor Bahru offer a conducive and relaxing ambience for a whole new reading and browsing experience for all book-lovers, young and old alike.
Influential book fair in Malaysia As the main holder for the largest book fair in Malaysia, Popular bookshop own strong resource advantage and brand building and promoting opportunity.
Expanding too fast Too fast expanding will bring many problems, such as customer purchase power problem due to lack of market research. Rely too much on merchandising Impact by information technology and internet, the market of traditional paper book will not be such bright as before.
How to redistribute the resource to find a new way to hold and develop market is a vital mission.
Online selling Electronic business is taking more and more important position in modern business. It is very essential for Popular to enhance its online service.
Opportunities As development of internet and information technology, traditional book store not only gets on the transition road, but also faces to a big opportunity to develop in new market.
Also benefit by the IT, the traditional management system has opportunity to develop, and will become more and more effective and efficient. New opportunity for new business exploitation, such as E-book. Opportunity for Popular Book Company to enhance influence in Asian area by holding influential activities such as book festivals.
These bookstores have their own features to attract customers. Now, they are also actively to do reform or promote new service to develop market. Treats from future competitor As the development and mature of the online book selling, it is visible that due to entry cost fall down, new competition will join in to the big market cake.
Certainly, the competition will be more and more intensive.
Treats from substitute products The substitute product for traditional paper book will be continuing appear and more and more acceptable by public, such E-book, E-dictionary, E-learning products. And for the points that listed above, the strength should be further reinforced and opportunities should be developed with effort while the weakness and threat should be eliminated with good preparation in aware of their existence in the business practices.SWOT Analysis: Creature Nannie Noelani Munoz-Hangca University of Phoenix BUS/ Foundations of Business Brian Kemble August 2, SWOT Analysis: Creature Nannie A SWOT Analysis is a strategic planning exercise that focuses on identifying the internal Strengths and Weaknesses of the proposed new venture.
A few weeks ago, I attended a Discipleship and Mission workshop with Mike Breen and his 3DM team. This workshop reprised some of the content I published in the post 3DM: a taste of timberdesignmag.com you haven’t seen that piece, you might want to read it first.
What is a SWOT Analysis? It is a way of evaluating the strengths, weaknesses, opportunities, and threats that affect something.
See WikiWealth's SWOT tutorial for help. We thought it would be helpful to show you a sample SWOT analysis for a business you can easily visualize: a small independent bookstore in a university town.
The store owner brought the team together to think about how the bookstore could survive during the continuing financial downturn. SWOT ANALYSIS OF ONLINE BOOK STORE: Strengths: Use of Internet as a Storefront for Books services. Customer Convenience. Less Investment & fewer workforces for starting the venture.
Target market. Minimum physical assets & less overhead charges on warehouses. Cost effectiveness to the customers.
Strengths, Weaknesses, Opportunities and Threats (SWOT) The strategic planning task force conducted a SWOT analysis that provides information on how the college’s strength and weaknesses relate to the opportunities and threats it faces based on the environmental scan.