BUS710 Marketing: Comparative Analysis of Kogan and Goldstar
VerifiedAdded on 2023/06/07
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Presentation
AI Summary
This presentation provides a comparative analysis of Kogan and Goldstar, contrasting their external factors and marketing strategies. It examines Kogan's diverse online retail approach against Goldstar's focus on shoe production, highlighting Kogan's higher sales figures in the Australian market. The analysis covers their organizational schemes, target market selections (China for Kogan, Australia for Goldstar), and psychographic segmentation. A detailed PESTLE analysis compares the political, economic, social, technological, legal, and environmental factors affecting both companies, including inflation rates, political stability, technological advancements, and legal considerations. Risk factors such as outdated strategies and environmental concerns are identified, followed by recommendations for improvement, including enhanced product packaging, technology implementation, and adherence to government policies. The presentation concludes by summarizing the key differences in their business management approaches.
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