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Cyclermate

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Submitted By elynguyen2204
Words 1218
Pages 5
Name: Nguyen Thi Diem
Class: FB5A
SWOT analysis for Cyclermate Company
Strengths:

1. The company’s main strength is its valuable customers. 2. The company has very good knowledge of making the cycles. 3. The company has abundant space for increased productivity. 4. They have a very deep customer base. 5. The Dais friend that is William, is ready to invest their redundancy money into the business, this is showing that the company has a strong prospect of growth. 6. Cyclermate could use marketing as an absolutely necessary tool for making it popular and known among the public. Publishing more and more advertisements in both newspapers and magazines so that individuals know about the products of the Cyclermate and this could only happen if the company has sufficient funds.

7. Direct channels of sale:
Cyclermate has direct channels of sales with the direct sales and direct shops; hence intermediary’s cost is largely eliminated. Reducing the cost of manufacturing could unquestionably help Cyclermate achieve a huge share of the market. As direct channels are in direct contact with the providers, thus, it could help in increasing in quantity or value of the sales and it provides a good opportunity to the providers to empathize the clients and could make required changes are per the requirement of the customers.

8. De-motivated workforce:
The employees at the Cyclermate are extremely pioneering and are can fully utilize and achieve any given objective or alterations in the company but they are inhibited by the administration as a result they are unable to express their views freely. The employees could have a crucial role in the company for its overall growth and development.

9. Possession of buildings and lands:
Unlike Cyclermate most of the companies don’t possess either building or land and hence have to pay the heavy

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