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SWOT ANALYSIS FOR WIRED RINGS K.A.L.T (OPPORTUNITIES (Need to increase…
SWOT ANALYSIS FOR WIRED RINGS K.A.L.T
Artistic copycats that enter the market and steal your ideas
Business partners has little loyalty
Human Resources
Goverment regulations
WEAKNESS
The struggle to constantly create new designs
Existing workload too high
No previous project planning experiences.
Delay of the delivery
Minimal co-operation with different brands
The size of the rings
OPPORTUNITIES
Need to increase market changes
Expand production of the ring
Could convert a exsisting products or new markets
Co-operation with new brands
Employee, Financial, customer,
STRENGTHS
- Unique designs
- Setting trends
- Global presence
- Pandora own a lot of employees therefore the quality of the jewellry is high designed.
- Well recognised brand
- Producing different jewellery products
- Good price
- Unique construction methods
PRODUCT
/
RESEARCH
Research cost of wire and fake diamonds
LYDAH
COST OF WIRE: $12.00
COST OF JEWLERRY: $5.00
off WISH
Research where we can sell our product
AMEERA
SCHOOL , MARKETS , IN TOWN
Research designs for wired rings.
TEALE
BABY BLUE
ROSE GOLD
GOLD
Research cost of product
KAHU
$2.00 - $5.00
THREATS
Larger competitors get majority of market share and more famous brand name
