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Sunday, 24 March 2013

Corny Cottage's Internal Factors As Well As External Factor Analysis

Internal Factor

Strengths:
  • Leader in market
  • No comparison of our quality
  • Online
  • ISO certified product
  • Competent staff
  • Decent locations
  • Variety in products
  • Home delivery
  • Interactive relationship marketing
  • Chains for its convenience and menu variety
  • Powerful strategy
  • Strong advertising
Weakness
  • Few outlets
  • Limited market
  • We only focus higher income level people 
External Factors

Opportunities
  • We can target medium class customer
  • Can add more varieties
  • Corny cottage have the opportunity to expand their sweet products
  • They can open more outlets to get maximum market share
  • Corny cottage can open temporary outlets in peak season in the hill stations like Naran, Murree etc.
  • Corny cottage can capture more customers by decreasing the price of their products

Threats
  • Threats of new entrants
  • Economic situation of country
  • Terrorism attack on public places
  • Increasing inflation rates directly affect menu price
  • Health Trend away from fried foods
  • Changing customer demands
  • Current political situation is a big problem
  • Worldwide Economy recession

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