THREATS: Political- A political threat to O Town is if something changes with the downtown Opelika shopping community. Since it’s a historic location, O Town must comply with regulations for the district. Threats to the area could impact O Town’s storefront location. Economical- An economical threat to O Town would be not having enough foot traffic in its Opelika storefront to make enough profit. Another threat would be other ice cream businesses opening around Auburn University that can affect the business of O Town and could cause Auburn students to stay close to campus for ice cream as opposed to driving to Opelika. Social- A social threat to O Town is that even though Auburn University, which provides a large percentage of the local …show more content…
Without a website, a customer could have trouble finding the store operation hours, flavors, company information or location if they did not have social media. O Town also is not able to share its background story with its audience, which is something that separates the company from other local ice cream shops. Also, since its flavors are constantly changing every week, not having a place where customers can go and look at the flavors of the day on the website could be a threat as well. Consumers may turn to ice cream shops in the area that do have a website for more information, which means less business and profit for O …show more content…
The company specifically wants to broaden its reach to college students in the Auburn community and brand awareness in the Auburn area. The students at Auburn University often overlook the shop due to proximity, lack of knowledge of O Town Ice Cream and competing ice cream shops. O Town wants to make initial contact with students by having a physical presence on campus. With various food trucks and eateries on campus, the company wants to know exactly what will make students come to its ice cream cart if O Town was to have a presence on campus. Beyond just increasing foot traffic and catering to college students, O Town wants to spread its message of telling a story through ice cream. The company wants customers to be aware of how its flavors are tied to the history of Opelika and the community. Mission Statement O Town Ice
Saputo’s business is constantly affected by changes in the exchange rate as the majority of its business takes place outside of Canada. Due to the fact products and cash flows travel internationally, the company is exposed to economic exposures. Exchange exposure affects Saputo in many ways such as the cost of production and demand for their products. Transaction exposure affects Saputo when cash flows from foreign operations into Canada. Saputo is affected by translation exposure when foreign revenue is converted into Canadian dollars for its financial statements.
Strengths for Duquesne University would be that it is nationally ranked number 115. This is a number that can beat many competitors and creates benefits for those that attend. Classes that have fewer than twenty students is 40.9% and classes that have fifty or more students is only at 9%.. (http://colleges.usnews.rankingsandreviews.com/best-colleges/duquesne-university-3258/rankings). Duquesne is located in Pittsburgh Pennsylvania and is known to be one of the top places to live in the country. Pittsburgh is considered the most livable and resilient. There is a young crowd that could be an interest for young adults, also this city is considered to be the third safest cities in the states (https://fitt.co/pittsburgh/pittsburgh-best-city/). Religious values are what many people look for to keep that connect they have with their beliefs, having these values instilled in the curriculum could be a benefit view for parents and students.
One of the major problems with conventional ice cream shops is the poor transition of sales into the winter months. For years traditional shops have had to find other sources of income or have had to drastically change their targets as the seasons change. Hot Snowballs is an ice cream shop with an additional coffee shop included that will ease the struggle of growing a new business through the colder months. The International Dairy Foods Association has determined that after August the sales for ice cream decline dramatically, and then rise again beginning in March (International Dairy Food Association). I have always had dreams of running a small business and I also have a passion for coffee and ice cream. Growing up, my parents shared their
Actively listening- ( 3:42) (4:26) There were a couple instances where Travis seems distracted in the call and misses key information the client provides, resulting in the client repeating himself. We should remain focused and engaged in our call to guide the client through the process and acknowledge all info stated by the client.
Ice cream in Russia is a very profitable business. Profit margins range between 15 and 20 %. This profit can be even greater when creating a premium product. Ice-Fili’s product value lies within raw material acquisition. Since the content of fat applied in the creation of ice cream is higher in Russian ice cream, the product is of better taste quality and unique flavor. With the Russian public placing more alarm on preservatives in edibles rather than fat content, this gives Ice-Fili an advantage over foreign competitors. In fact, Ice-Fili was the only ice cream producer awarded at the 2002 Moscow World Food exhibition for its brand Eralash. To market such prestige could help increase brand loyalty amongst customers. Ice-Fili also enjoys rather favorable brand recognition. The Lakomka brand is hailed as one of three most recognized ice cream brands in Russia....
Ben and Jerry's Ice Cream is a brand name company known worldwide. With superior marketing techniques Ben and Jerry's has positioned themselves to be the leader in manufacturing premium ice cream products. They have successfully targeted their market, and there by achieved a strong customer base. The mission statement of their product line is "to make, distribute, and sell the finest quality all natural ice cream while incorporating wholesome, natural ingredients and promoting business practices that respect the earth and the environment".(1)
Some examples of the internal weaknesses of Gator Town is that some merchandise and clothing can be too expensive for students who are unemployed or earn minimum wage. This can only leave those students to purchase only the snacks and drinks that are inexpensive. Additionally, not many people can go into Gator Town at the same time. That is because the size of the store is too small. This is another internal weakness because if over 10 students are in the store at the same time, it will get overcrowded. The top three external opportunities are the opportunity to incorporate a website for the store, advertise, and extend the variety of clothes by adding sweatshirts. Almost all businesses today such as Nike and Kohl's have a store website where customers can look to shop, find informations, and provides additional avenues for sales. Since Gator Town currently does not have a store website, it would be a big opportunity if the store incorporate one. This will allow students to find informations such as school hours and look at the merchandises online. Having an online website is very beneficial because the internet has become a key resource
The underneath data shows what John Lewis Partnership V M&S in 2014. They have high sales and profits with less stores and their boss paid less than M&S. The reasons that John Lewis can exceed M&S is included they have some advantages. First, John Lewis established a trust committed to their staffs. Staffs be considered partners in the company, and the company share more profits and provide some wages to their staffs. Their business value which include "putting the happiness of partners at the centre of everything we do". It include reward all the employees, both fashionable and rewarding the staff. Second, the company through better understanding and quickly responding their customer needs or changing to attract new customers and retain old
Grady improves the health of the community by providing quality, comprehensive healthcare in a compassionate, culturally competent, ethical and fiscally responsible manner. Grady maintains its commitment to the underserved of Fulton and DeKalb counties, while also providing care for residents of metro Atlanta and Georgia. Grady leads through its clinical excellence, innovative research and progressive medical education and training.
What job does your character have (if they have one)? How can you show this in your scene?
Product: "To make, distribute and sell the finest quality all natural ice cream and related products in a wide variety of innovative flavours made from Vermont dairy products."
The SWOT analysis is a useful tool for identifying our personal strengths, weaknesses, opportunities, and threats to our plans and goals. According to a “Fuel My Motivation” article (2010), this analysis considers internal influences that can positively or negatively affect our ability to achieve our goals. The internal factors are our strengths and weaknesses. Also considered are opportunities and threats, which are external influences that can have a positive or negative impact on the ability to achieve our goals. I will share how the self-assessment instruments and self-exercises in this course have contributed to assessing and understanding my strengths and weaknesses. I will also discuss techniques I will use to leverage my strengths and understand my weaknesses. In addition, I will consider opportunities that I can take advantage of and the threats that can possibly impede my progress.
be brand conscious and hence would prefer having premium ice cream such as London Dairy which
test whatever it's a bad effect or not. So when it used on humans, we
right places to get maximum exposure to potential customers? This would also include the suitability of the marketing and launching. of the product or service. The acceptability of the product, whether the risk of launching this product is acceptable to the company. The feasibility whether the product will work within the existing ice cream market.