Mac Swot
Essay by 24 • March 25, 2011 • 273 Words (2 Pages) • 1,301 Views
Accessories.
Strengths
* Extremely strong relationships with distributors.
* Excellent staff who are well trained and customer attentive. They also get great discounts, increasing job satisfaction.
* An efficient, stylish retail store.
Weaknesses
* The struggle to build brand equity.
* The inability to provide instant gratification by having all sizes in stock.
* Forecasting fashion is difficult but necessary to profitability.
Opportunities
* A growing segment of the market that is increasingly bothered by having to travel to too far for nice shoes.
* An industry that seems immune to recessions.
* The ability to operate on lean overhead relative to competitors.
Threats
* The introduction of a competitor to the shoes and accessories market with a similar business model.
* Completely misjudging where fashion is headed.
* Constant delays in the shipment of product or the unavailability of many of the advertised designs.
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