Sunday, 1 March 2015

P.E.S.T & S.W.O.T analysis on competitors

Research into A3 Business based on Life's a Pitch Presentation - PEST/SWOT Analysis of competitive businesses.

Possible Items to sell with printed designs on them:
- Furnishings
- commissions
- seasonal decoration
- 'moon pig'
Clothing / fashion 
Textiles/ print 
- wallpaper 
- t shirts
- shoes
- bags 
- makeup
- stationary 
- gift wrap

As a group (A3) we are particularly interested in stationary, as there is a need for it, 
It can be personalised, can be bought on special occasions and can also be made from recycled material. 
What will make it special - want to personalise the stationary 

Who is our market, and where do they go?
- Students 
- Parents 

- Shops ; books, academic arts & crafts, card shops, commercial
- Office 

Where are they? 
High street, commutes, supermarkets

Do they have a need? 
- functional 

Why is now the appropriate? 
Start of the new term 
Christmas

Product - personalised gifts/ products 
Price - slightly above average price of products on the market (higher quality and personalised) 
Place - high street and online shops
Promotion - posters, leaflets etc

Our competitors would be companies such as Paperchase and Moonpig 
S.W.O.T analysis:

Strengths of the competition -
Paperchase is very successful because it sells commercial products. Pretty & stylish gifts for a low price. 




Moonpig personalises gifts for cheap, adding delivery to it's services. It's also highly accessible due to predominantly being an online business. 

Weaknesses -
Paperchase doesn't have the personal touch, Moonpig doesn't have products of a good quality.

Opportunities - 
Moonpig has made use of internet shopping becoming popular and capitalises on holidays such as Christmas, Mother's Day etc through advertising their gifts 
Our opportunities - a more personal approach to personalising - products being hand crafted as opposed to being mass produced 

Threats faced - competitors being more popular

P.E.S.T Analysis 

Economic Factors - affordable prices for the average person
Social factors - successful because everyone needs to buy cards and gifts. 
Especially for events and holidays.
Also, popularity has increased through personalised cards etc being a trend
Technological Factors - relies / capitalises on internet shop sales - being a popular and (for some) an easier way to shop.



Plan of Presentation:


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