This presentation provides an overview of the organizational context of RGD, a company that trades sports products. It includes analysis of the company's markets, competition, business model, and performance. Additionally, it outlines a plan to grow the company in the next 3 years.
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ORGANIZATIONAL CONTEXT
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Table of content ■Introduction to Company ■AnalysistoCompanies’Markets,Competition, Business Model and Performance ■Outline of Plan to grow company in 3 years
Introduction to Company RGDisanorganisationthatworkstowardstrading Sports Products. The offerings which the company deals inareinclusiveofSkateboards, TennisRackets,Ice Hockey Sticks and Inline Skates.
Analysis to Companies’ Markets, Competition, Business Model and Performance ■Market Analysis: The company’s internal and external market is quite ineffective in terms of contributing in the company gaining a better market share and higher revenue.
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Continue ■Competition: There are several competitors of the company present within the market. These are ASD, PSM and MMKS who are creating higher level of competition for RGD.
Continue… ■BusinessModel:Thecurrentbusinessmodelofthe organization does not contribute to the company in an effective manner, as market share of its products of this company is not as impressive. Reason for the same is that while Skateboard and Inline Skates hold an appropriate market share, it’s tennis racket and ice hockey stick are not quite effective in context with positioning themselves within the market.
Continue…. ■Performance:The current performance of RGD is quite low even though the current expenditure of the firm is an average of £600 per product offering in terms of promotion. This has led to the increase in awareness regarding the company brand in the market. Not only this but strong tie-ups have also contributed
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Outline of Plan to grow company in 3 years ■SupplierChoice:Thesupplierchoiceisbaseduponthe maximum level of order qualifying factors available with such a party. These include costs, quality, dependability, flexibility and speed. Based on this, the Supplier Choice is to expand with Henderson and Hong Kong Limited in the next three years as they provide products that fulfill the given criteria.
Continue… ■Distribution: Currently, RGD has a distribution system includes a Two- Channel wherein the company has an offline as well as an online store for its customers. The company is expected to include another channel wherein it will provide the products via mobileapplications.Rapidtechnologicalinnovationshave resulted in creation of demand for such products using Mobile User-interfaces as they are much easier to operate.
Continue…. ■Marketing:The company has adopted Direct marketing and Social Media Campaigns over the years. With a motive to expand its market share, the company aims to divide its market based on general customers aged between 12 to 30 years with a minimum annual income of £1,000.
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CONTINUE…. ■Pricing:RGD has used a Price-Savvy strategy which has resulted in enabling its overall profitability and sales to a certain extent. However, in the recent years, competition has grown and the company is facing profitabilityissues.Forthispurpose,itaimsto continueitscompetitivepricingstrategyinthe