Identifying and Gauging Risks with the Help of SpendEdge’s SWOT Analysis
LONDON--(BUSINESS WIRE)--Nov 20, 2018--SpendEdge, a well-known procurement intelligence solution provider, has announced the completion of their latest . The client is a leading player in the ecommerce market, offering online retail, consumer electronics, as well as other services such as daily deals and groceries. Based out of Washington, US, the company has an annual turnover of over $40 billion. With internet fostering the birth of many newcomers and threatening the growth of reputed players, the client realized the need for differentiation to gain new business, market shares, and access to capital. Furthermore, the client wanted to develop business strategies and future objectives related to business expansion.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181120005217/en/
SWOT analysis study for an ecommerce business (Graphic: Business Wire)
A SWOT analysis is a powerful framework for leveraging the organization’s strengths, enhancing weaknesses, reducing threats, and taking the greatest possible advantage of opportunities. By focusing on the key factors influencing your business, a SWOT analysis helps you understand where your business has a competitive advantage and what issues you should be addressing.
According to the procurement experts at SpendEdge, “ SWOT analysis identifies opportunities that a business could take advantage of to boost profits. ”
The SWOT analysis solution offered by SpendEdge’s experts helped the client identify their strengths, weaknesses, threats, and opportunities in the marketplace. This helped them obtain clear insights into the market opportunities and ease resource allocation. This subsequently helped the ecommerce client to deter threats and capitalize on new opportunities. Moreover, with the aid of SpendEdge’s SWOT analysis solution, the ecommerce client achieved online sales growth of over $98,000 per month.
SpendEdge’s SWOT analysis template helped the client to:Develop robust strategies to achieve their business goals Address weaknesses and take advantage of their strengths To know more about our portfolio of procurement solutions and pricing plans,
The engagement also offered predictive insights on:Understanding the business better, address weaknesses, deter threats, and capitalize on opportunities. Analyzing possible threats for the business and make necessary changes to the policies and growth plans. Read the complete article to know more:
Are you interested in purchasing procurement reports? Our subscription platform, , provides ready-to-use procurement market research reports for multiple categories. Now access latest supplier news, innovation landscape, markets insights, supplier tracking, and much more at the click of a button. .
shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more,
View source version on businesswire.com:https://www.businesswire.com/news/home/20181120005217/en/
US: +1 630 984 7340
UK: +44 148 459 9299
INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS ONLINE RETAIL RETAIL
Copyright Business Wire 2018.
PUB: 11/20/2018 07:59 AM/DISC: 11/20/2018 07:59 AM