This presentation provides an overview of the organizational context of ASD, a sports trading company. It includes information on the company's market analysis, competition, business model, performance, and plans for growth.
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Organizational Context
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Introduction to Company ASD is a Sports Trading Company headquartered in London, United Kingdomwithastrongmarketpresencewithintheindustry. The product offerings of ASD are inclusive of Skateboards, Tennis Rackets, Ice Hockey Sticks and Inline Skates which are named Patel, Ames, Safia and Spa respectively.
Analysis to Companies’ Markets, Competition, Business Model and Performance Market Analysis:ASD is managing the market in appropriate manner because its supply, demand and sales is very high. It is resulting in higher profits of the company and larger market share.
Continued… Competition: Competition in the sport trading companies is very high. Due to this there are various organizations which are giving tough competition to the ASD. These are Slike, PSM, AVG and Strength. It is very important for the company to formulate effective strategies to compete with them.
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Continued… Business Model:From the simulation game it has been analyzed that current business model of ASD is very effective as managers within the organization are trying to meet the demand of products so that higher profits for future could be generated. There are various sport items which are sold by it which are tennis racket, Ice hockey stick, Skateboard and Inline skates.
Continued… Performance:Thesimulationgameshowsthatcurrent performance of ASD is very good because it has captured a very high percentage of the market as compare to other organizations. Anotherreasonbehinditsgoodperformanceisitsproper coordination between demand and supply of different products.
Outline of Plan to grow company in 3 years Supplier Choice: The company aims to provide environment friendly productstoitscustomers.Hence,itssupplierchoiceismainly constructive of order qualifiers which include cost effectiveness as well asvariationinunitcosts,qualitybaseduponaccurateproduct specifications and dependability of the product procured and sold.
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Continued… Distribution:Currently, ASDhasadistributionsystemwhich includes a physical store as well as E-Commerce facility. However, the company is aiming to expand itself in the Mobile Market Segment with a new application that allows customers to order products online from the comfort of their homes.
Continued… Marketing:ASD’s market communication mix includes Paid promotion and presentation of its products along with Social Media Campaigns over LinkedIn, Facebook and Twitter. With a motive to expand its market share to become a leader of the Sports Equipment Industry, the company aims to undertake Market Development activity so as to generate more clientele within new markets for its existing products.
Continued… Pricing:ASD utilizes a Price-Savvy strategy wherein the company has undertaken to take differential pricing based upon the targeted customer base. Thus, enabling to choose from a wide variety of suppliers and gain competitive edge within a highly competitive market.
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