Wednesday, June 19, 2019
Don Martins Company Case Study Example | Topics and Well Written Essays - 1500 words
Don Martins Company - Case Study Example gibe to the paper Martins has competitors in furniture, electronic household appliances, branded big-ticket items. Martins advantage is the big parking lot right behind his store. This is a competitive advantage that must be explored, because parking is a problem in the area. It works to Martins advantage if his customers can park right succeeding(a) to the store, because that would make it easy to cart away and load the big-ticket items onto the customers vehicles. This is one major incentive for customers to choose to purchase repeatedly from Martins store. From this study it is lighten that the firm has just begun to feel the effects of declining financial sustainability, with the incurrences of losses in its operations for the last fiscal year. This is not to say that the Martins business is already in dire financial condition. The business is still financially viable at present and maybe for a few more years, but the at once revenue gr owth and the downtrend in earnings should be arrested if the company will continue to be viable in the long term. Martins business, despite the or so expansion, has not realized the additional revenues which were expected. This means that the firm has not maximized its marketing potential in order to take full advantage of the expansion. The company has resorted to pricey advertising which has not brought increased sales. It should rethink this strategy and resort to promotion that directly impacts upon its customers needs. It is assumed that the company also has e-marketing capability, as most firms, even elfin ones, are equipped with online capacity.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.