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SwotReportAbouttheClothingShop
Introduction
Name:Bluebell
Location:atNO.38Zhongshan3rdRoad
Brand:differentbrandsofclothes
Targetcustomers:18-30female
Scale:50㎡
Staff:6girls
Investment:500,000RMB
Swotanalysis
Strengths
Thestaffoftheshopare6younguniversitystudents.Theyarefrom differentplacesandeachonehastheirownskillswhichcanhandledifferentaspectsoftheshop,suchasmanagement,salesandsoon.
Employeesareallgirlssothatitiseasyforthemtocommunicatewithfemalecustomers.Also,weareyoung,motivative,enterprisingandnotafraidofobstacles.
Thedecorationandserviceoftheshoparefullofhumansense.Thewallandlightsareinwarmcolors.Besides,theshopisequippedwiththeair-conditioningandwehavethedelicatefittingrooms,whichareconvenientforcustomerstohaveatry.Furthermore,weprovideasofaforcustomerstohaveashortrestandservethemwithwateraswell.
Theclothesinourshoparevariousinstylesandqualityguaranteed.Beforewebuythesupplies,wewoulddosomemarketresearchestomanagetomeettheneedsofourcustomers.What’smore,weofferdifferentbrandsofclothesandthepricesoftheclothesinourshopareadjustable.Ifyoucouldnotfindyourfavourite,youcanwritedownwhattypeofclothesyoulike,andwewilltryourbesttosatisfyyourneednexttime.
Weaknesses
Asanew-establishedshop,wedon’thaveamplesourcesofcustomer.Moreover,weareinlineofunknown-brandclothes.Sowedon’thavecredibilityandwordofmouthinthemarket.Allthesefactorsmayobstructourprocessofsaleandresultinourdeficitattheearlytime.
Weareallstudentswithnoexperienceindoingbusinessonourown,thismaycausesomeproblems.Forexample,itmaybehardforustoreachaunitedandsatisfactoryagreementonacertaindecision.Ontheotherhand,weyoungpeoplethougharepassionate,wetendtobecontrolledbyimpulses,thussomeunreasonableorshort-sightedactivitieswillbedone.Thesehavebadimpactonthemanagement.
Wehavenoboysinourgroup,whichwillcausesomeinconvenience,forexample,itisnotsafeforourgirlstooperateintheevening.Andinthecaseoftakinggoodsfromsuppliersandmovingheavygoods,wedon’thaveanyboytogiveusahand.Thesewillleadtothedecreaseofefficiency.
Opportunities
Withthedevelopmentofeconomy,personaldisposableincomeinChinahasrisensharply,whichmakesourpurchasingpowertriumphmanytimes.Thereforepeoplearemorewillingtospendmoneyontheirfavoriteitemthaneverbefore.Thisisthemostfundamentaladvantageforstartingabusiness.
OurclothingshopislocatedinthedowntownofGuangzhou,withmanymultichannelbusesdirectlyarrivedat,whichcanattractmanyvisitorstocomeandgoshoppinghere.Also,it’snexttotheexitofGuangzhouMetroLine1,andthevisitorsflowratethereismuchhigherthanotherplaces.Foraclothingshop,thenumberofvisitoristhekeytosuccessfulbusiness.Customerresourcecomesfromvisitor’sgoodimpression,forthisreason,themorevisitorsthemerrier.Wecaneasilygetnumerouspotentialcustomers.
AstheprovincialcapitalofGuangdongProvince,Guangzhouhaslongearnedagoodreputation,whichdrawsalargenumberofforeignmerchantscomeroundtoinvest.BiannualCantonFairalsohelpstoabsorbinternationalinvestor’scapital.Inaword,thepotentialofdevelopmentinGuangzhouisunlimited,assuch,ourclothingshophasgreatdevelopingopportunity.
Threats
Theclothingshoplocatesinprosperousarea.Therearemanyshopsandbigdepartments,withwell-equipmentandgoodservices.Alotsofpeoplelovetogoshoppingthere,sothisareahasagreatpotentialfordevelopment.However,ourclothingshopisabouttoopenwithouthighreputation.Sowemightfacestrongcompetitorsandhighpressure.
WiththegreatdevelopmentofeconomyinGuangzhou,thepriceoflandisexpensive,sotherentsrisesharply.Meanwhile,becauseoftherisingfoodprice,thefeeofmanyaspectshaveincreasedgraduallyinrecentyears,suchaswaterandelectricitycharges,securityfeeandsoon.Thereforewewillbearfinancialpressureanditmighthardforustomakeprofits.
Foronething,wearethenewcomersinclothingsales,withlessexperienceinbusiness,soweonlyhaveafewmanufacturerstosupplyusclothing.Itmeansthatwemightspentmuchmoremoneyonbuyingstocksfornotgettingthenetprice.Foranother,nowadays,theconcreteshopsbusinessaretoughtorunbecauseofthenewupsurgeofelectroniccommerceinChina.Owingtoitshighflexibilityanddiverseproduction,theelectroniccommercehastakenupcertainmarketshareandgraduallyhasmoreimpactonpeople’slife.Hence,theelectroniccommerceisthemajorthreattoourshopinthefuture.
Summaries&Strategies
Accordingtotheaboveanalysis,wecanmakeasummaryofouradvantages:
Firstly,weareallfemaleuniversitystudentswhoareactiveandcreative,sowecanhaveabettercommunicationwithourcustomers.
Whatismore,alongwiththedevelopmentofeconomy,thepersonaldisposableincomeofChineseincreasesgraduallywhichispropitioustothedevelopmentofclothingindustry.
Finally,weownagoodlocation,Guangzhou,whichiswelldevelopedwithahighflowofcustomers.Also,theChinaExportCommoditiesFairisheldinthiscityeveryyearwhichcanattractmoreforeigninvestment.Allofthesearebeneficialtothedevelopmentoftheclothingindustry.
Althoughitseemsthatwehaveafewadvantages,relativelyspeaking,ourdisadvantagesaremoreobvious.Forinstance,wearesoyoungthatwearelackofexperiencetomanagethiskindofbusiness.
Besides,itisanew-blownshopforus,soweonlyhavealowreputationandwejustknowafewsuppliersInaddition,weareallgirlsandwhenfacingwithsometroubles,itisnoteasyforustohandle.
Also,weallknowthattherearemillionsofclothingshopsinGuangzhou,sowehavetocompetewiththosesubstantialcompetitors.Finally,thehighcostofGuangzhouwouldincreaseourfinancialburden.Socorrespondingly,wehavethefollowingstrategies:
Takepartinsomeregulartrainingcoursestoenhanceourabilityofsellingandmarketing.
Togainahigherreputationandearnmorecustomers,weshouldtakesomemeasuresonoursalespromotion,suchasgivingdiscountswhenyoushowusyourstudentcardorifyoubecomeoneofourshopmembers,youcouldgetafifteenpercentdiscountandsoon.
Inordertolessenourburdenandsolvesomeproblemsaboutinstallmentorsomeheavyworksthatwecannotfinishonouro
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