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2017-12-16 Company Analysis Introduction In order for any company to operate competitively in the market it has to analyze its operations.A company should work towards eliminating its weaknesses and threats and at the same time concentrate its efforts on its strengths and opportunities (Ferrel & Hartline 2007).

Competitor analysis and customer analysis should also be performed The company has been operation in the UK for the past 10 years. Orion provides financial services to a number of organisations which include SME's, property   Group Management Report (word count 2,200) should include: Title Sheet Executive Summary Contents Page Introduction Literature review to support  .Competitor analysis and customer analysis should also be performed.

The main aim of this is to identify the problem that exists in the company know the causes and at the same time come up with recommendations on how to solve those problems.Blue Nile Company is a company dealing with jewelries and it is the world’s largest company for diamond and fine jewelries.It is also rated as the best company offering internet retailer in the web 2007 company and was also given an award for offering the best customer service online   /best-websites-to-get-custom-international-affairs-research-proposal-business-a4-british-european-47-pages-12925-words-100-plagiarism-free 2017-12-15   2017-12-15 daily 0.9 http://homeboutique.info/research-paper/write-me-college-microeconomics-research-paper-undergrad-yrs-1-2-cse-standard 2017-12-15  .It is also rated as the best company offering internet retailer in the web 2007 company and was also given an award for offering the best customer service online.This company has earned itself this kind of success due to various reasons like providing attractive prices compared to the competitors thus attracting many customers.

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It also provides detailed product information to help those shopping and thus make the purchasing process easier for them.Educational information is also provided to help the customers be in a position to identify the best jewelry in terms of it value and quality.The company operates towards reducing its costs and thus operates on small operating costs Best Harvard Research Writers Cheap Essay Writing Services.The company operates towards reducing its costs and thus operates on small operating costs.

It has one hundred and forty six employees and one hundred and thirty three are full time employees thus the cost spent on employee compensation is not much.

The company also uses supply chains which are economical which has resulted to the company producing diamonds of high quality and sold at low price.

The company has also dedicated its efforts in marketing activities with the aim of acquiring new customers and creating loyalty to the customers which will result to repeat purchase.The company also aims at making its brand recognized in order to have an edge in the market business.The company also aims at making its brand recognized in order to have an edge in the market.

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The company uses on line and offline promotional strategies to reach the customers (Ferrel & Hartline 2007).Blue Nile company has a different customers who range from online buyers and thus for such customers the company experience the problem of convincing them that the jewelries they are dealing with are really genuine and of high quality since they can only see them on pictures.The company faces the challenge of providing educative information and also detailed information about the jewelries Printable Fall 2007 Schedule of Classes Office of the Registrar UCSC.

The company faces the challenge of providing educative information and also detailed information about the jewelries.

The company also faces the problem of shipping the jewelries to the customers which the company does freely.The other customers that are in the market are those who come personally to shop.These customers will research about the jewelries they want to buy and compare them from different dealers.The company thus faces the problem of acquiring these customers and convincing them to buy from them.

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Some customers in the market require customized necklaces, earrings or rings.

Lack of enough inventories: Blue Nile Company does not have a lot of inventory in its warehouse and so some times the customers have to buy from the suppliers themselves and then take to Blue Nile Company to make the ornament according to the customers’ specifications.Customers would prefer a place where they will get all what they want at one stop Business Process Outsourcing and Information Technology Services: A Case Study of Senegal   153   Hoping that all in Africa will continue in the quest for greater understanding, appreciation, and valuation of   2.3% of Nigerian GDP in 2013 and demonstrated 30% growth in nominal terms the same year. In 2013  .Customers would prefer a place where they will get all what they want at one stop.

Problem of acquiring new customers: The Company also faced the problem of acquiring new customers through online advertisement because their advertisement online was not very convincing and capturing.

Competition Problem:The jewelry market is very competitive and thus Blue Nile Company faces competition from so many companies like , White , over among others In order for any company to operate competitively in the market it has to analyze its operations. A company should work towards eliminating its weaknesses and threats and at the same time concentrate its efforts on its strengths and opportunities (Ferrel & Hartline 2007). Competitor analysis and customer analysis should  .Competition Problem:The jewelry market is very competitive and thus Blue Nile Company faces competition from so many companies like , White , over among others.Most of these companies operate online in order to reap the benefits of low operating cost just like Blue Nile Company and thus they are great threat.is a great threat to Blue Nile Company being one of the largest online jewelry retailers.

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It offers the most beautiful engagement rings in the world and fine diamonds which are laboratory graded all at a value which is extraordinary.

Narrow product range: The Company dealt only with diamond and special diamond and thus it didn’t offer wide selection for the customers to choose from.Market modification: The Company needs to increase its market share in order to have a competitive edge .Market modification: The Company needs to increase its market share in order to have a competitive edge.

This can be achieved by opening more branches in the state and even in outside.

Advantages •This will help the company do increase new users of its products and also increase the frequency of purchase by the existing customers (Ferrel & Hartline 2007).•This will help the customers get the products where they needed and thus reducing the chance of those customers buying from the competitors   myplacehost.net/case-study/who-can-help-me-with-my-custom-zoology-case-study-undergrad-yrs-1-2-a4-british-european-standard-professional 2017-12-15   myplacehost.net/thesis-proposal/should-i-buy-a-custom-women-s-studies-thesis-proposal-24-hours-25-pages-6875-words-double-spaced 2017-12-15 daily  .•This will help the customers get the products where they needed and thus reducing the chance of those customers buying from the competitors.•It will also increase the revenue of the company and thus the profits•Opening of new branches is a very expensive operation to the company •It requires a thorough research because sometimes expansion of the market may not result to increased sales 2.

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Advertising: The Company should also do thorough advertising to attract new customers, increase the repeat purchases and also have an edge in the market.