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Post by afrina022 on Nov 23, 2023 18:58:42 GMT 12
Threats presence of stronger competitors oversaturation of the market with goods high consumer demands for the quality of furniture decreased purchasing power of customers high inflation. Solution Strengths + Opportunities. Entering new markets with new offers growing and increasing sales saving on large quantities of orders. Strengths + Threats. Stimulating existing customers to make purchases by providing information about products developing online commerce. Weaknesses + Opportunities. Development of development strategies modernization of products and expansion of assortment participation in exhibitions attracting investors Country Email List promoting products on the Internet. Weaknesses + Threats. Developing customer feedback increasing the competitiveness of products and the enterprise as a whole maintaining the current market share. After the analysis the following conclusions can be drawn. The use of new technologies will enable the company to improve product For example you can start producing sofas with orthopedic mattresses. It is necessary to improve marketing activities and inform the target audience more about new products and products. An enterprise needs to build its strategy on strengths and try to minimize weaknesses. Let's sum it up SWOT analysis is a universal and convenient method of working with information. Thanks to it you can see not only strengths and weaknesses but also take into account opportunities and threats as well as form an objective picture of the position of the product on the market or the company as a whole.
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