This document provides a detailed SWOT and PESTLE analysis of Samsung, including its strengths, weaknesses, opportunities, threats, and the political, economic, social, technological, legal, and environmental factors affecting the company. It also includes recommendations for Samsung to improve its seller's margin and advertisements.
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Samsung - Swot and Pestle analysis
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TABLE OF CONTENTS SWOT Analysis of The SAMSUMG..............................................................................................3 PESTLE Analysis of the SAMSUNG..............................................................................................3 Porter's Five Forces Analysis of the SAMSUNG............................................................................4 Recommendations............................................................................................................................4 REFERENCES................................................................................................................................5
SWOT Analysis of The SAMSUMG StrengthWeaknesses Samsunghasveryinnovativecompany, currently holding high reputation in the UK (Gürel and Tat, 2017). Samsung has highly diverse product portfolio and also low profit margin. OpportunitiesThreats Invest heavily in research and development and focus on new technology. Emergence and growth of other companies in UK, like; Vivo, One Plus, Oppo,etc. PESTLE Analysis of the SAMSUNG PoliticalEconomic One of the political impact which can affect thecompanyisBrexit.Asitisaforeign company it may have negative consequences on its sale and movement of employees. Samsungadvancestogainnewmarket. However, the driver is uncertain due to the continuingworldeconomiccrisisthatis impactingandinfluencingnegativelythe purchasingpowerofcustomers.UKis economically stable country which may have a positive impact on the financial growth of the company. SocialTechnological Samsung is highly reputed company in the in UK market, because it has the talent of covert their marketing strategies according to local culture.Companyshowingrelativeadsto people for attract them. Samsung has very innovative company, beside UK government heavily invests on technology which can prove beneficial for the company (SHTAL and et.al., 2018). That team put high efforts in the innovation of new products as there is a huge opportunity available for the country. LegalEnvironmental
Company is facing bulky lawsuits and battles as regards the imitation case the Apple's that is the iPad and iPhone. The imitation case has caused a bad image to the Samsung. On the basis of current environmental crisis and climate change, and pressure from UK government,Samsungstartedmanufacturing theirproductsinpurelyethicalwaywhich favorablefortheenvironment.Company understandthenegativeimpactof manufacturing industries on environment. Porter's Five Forces Analysis of the SAMSUNG Competition in the IndustryPotential of New Entrants According to current condition of the industry, Samsung will engage in competitive actions to gain leader position in the market. This makes therivalryamongcompetitorcompaniesa stronger force within the industry. Samsung has growing year to year and according to company'smarketstrategies,companyalso grow for a few year ahead. The access to distribution networks is easy for the new entrants, which can easily set up their channels and come into the industry (Campbell and Park, 2017). These factors make the threats ofnewentrantsastrongforcewithinthe industry. Power of SuppliersPower of Customers Samsung can benefit from developing close relationship with its suppliers where both of them benefit. Samsung always try to focus on innovation and differentiation to attract new buyers, because buyers mostly wants to buy quality products. Threat of Substitute Products Samsung always provide quality products at a reasonablepriceascomparetosubstitute products that provide higher quality but at a higher price (Rothaermel, 2017). So buyers choose Samsung products.
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Recommendations Samsung provides quality products at a reasonable price, it is fine but company also needs to increase seller's margin, because finally customers go to sellers for buy Samsung products but if sellers no gain reasonable margin by selling Samsung products then they show other brand products to customers. Company needs to satisfy them by providing some extra advantages for selling company's products. Other one is Samsung's advertisements are good but company needs to improve them because ads are influencing people positively and attract them highly.
REFERENCES Books and Journals Campbell, J. M. and Park, J., 2017. Extending the resource-based view: Effects of strategic orientation toward community on small business performance.Journal of Retailing and Consumer Services.34.pp.302-308. Gürel, E. and Tat, M., 2017. SWOT analysis: A theoretical review.Journal of International Social Research.10(51). Rothaermel, F. T., 2017.Strategic management. New York, NY: McGraw-Hill Education. SHTAL, T. V and et.al., 2018. Methods of analysis of the external environment of business activities.Revista ESPACIOS.39(12).