• Customers.
• Competitors.
• Company.
• Context.
Customers:
Competitor Analysis
In the present market all over the country there are two or more
company are doing that business and their items is large than Al-
Amin Foods products. Such as the compactors company can be
consider Squire Consumer Foods Product, Radhuni, and Aci
Foods Products company are doing business, their product name is
Pure. In formulating business strategy, managers must consider the
strategies of the firm's competitors
Competitor analysis has two primary activities
• Obtaining information about important competitors, and
• Using that information to predict competitor behavior.
The goal of competitor analysis is to understand:
With which competitors to compete, competitors' strategies
and planned actions, how competitors might react to a firm's
actions, how to influence competitor behavior to the firm's own
advantage.
Weaknesses
Context
Objectives
In weakness:
What do competitors have that Al-Amin group don’t?
What areas can Al-Amin group improve at?
What weaknesses do people perceive Al-Amin group as
having?
Opportunities
Opportunities may be the Al-Amin group such as
• The company is familiar
• It’s others products qualities is good
Threats
Threats may be the Al-Amin group such as
• New entrant
• Price cut policy of existing company
• Technological change
• Political problems
• Government supervision
PESTLE Analysis
Price:
There are several different pricing strategies available to a
business:
o Cost-plus pricing : Setting a price by adding a
fixed amount or percentage to the cost of making
the product
Loyalty cards –
Here the company will set pointing systems to increase post
purchase behavior of consumer.
⇒ Place (Distribution)
Place selection is the vital part
o Channel Section
o Market Coverage
o Dealer Support
Promotion Place (Distribution)
o Advertising: To familiar their product with public
they can these media - the Internet, television,
radio, newspapers, magazines, telephone books /
directories, billboards, bench/bus/subway ads.
direct mail
o Public Relations
o Promotions
E-commerce
E-commerce is the use of the Internet and email to buy, sell and
market products. Businesses are increasingly under pressure to
provide an e-commerce aspect to their business – particularly those
that sell to consumers (known as “B2C” or “Business to
Consumer”). This is normally in the form of a website and
certainly email. A website can be used to provide information on
the product/business, or provide a pace where sales can be made. If
sales are required then there needs to be a link to a warehouse for
goods, so despatch can be made. In this way a company can run
their business.
Market research