Situation Analysis
SWOT Analysis of Snuggy Uggys Pty Ltd
Strengths
The go with in the domestic commonwealth does better(p) than competitors:
        Provides wide order of ugg boots styles and colours
        Comfort and quality product
        Meeting node needs
        Brand recognition- Uggys original product
Weaknesses
The company in the domestic area done not as well as competitors:
        The company has been operating for the past 15 years is yet in a maturity phase, but has not expanded into worldwide business and thus is considered in an establishment phase.
Opportunities
The company has the fortuity of:
        Expanding the company into global markets
        Strong sales growth
        Develop natural products
        Favourable oversea government regulations
        Developing further e-commerce operations
        increase sales
        Global branding
Threats
When expanding the company to the United States, Snuggy Uggys may face:
        launch of new competitors
        Adverse oversea government regulations
        Increasing elicit rates
        Further falls in the Australian dollar resulting myopic export sales and profits
        Slow market growth
Establishing marketing objectives
In state for the company expansion to the United States we suggest that Snuggy Uggys Pty Ltd will fulfill the following:
- Â Â Â Â Â Â Â Â Progressively increase market share by 10 per cent over the next 3 months
- Â Â Â Â Â Â Â Â Extending warranties on materials and workmanship of ugg boots to maximise customer service
- Â Â Â Â Â Â Â Â More profits make over the next 6 months
- Â Â Â Â Â Â Â Â Increase the product range or mix through the introduction of new styles at heart 6 months
- Â Â Â Â Â Â Â Â Increase exports by 10 per cent per year
Marketing strategies
Market partition and Identifying the Target Market
In most cases, the consumer market is very large and businesses cannot arouse to all buyers due to people with different needs and buying behaviours.
Considering Snuggy Uggys Pty Ltd expansion to the United States, the company should think of market segmentation. The ultimate aim of market segmentation is to...
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