Peak Garage Door Swot Analysis

Case 2: Yorktown Technologies
Group 7

I. Problem definition:
Trying to find a marketing and distribution strategy that would help the company reach its revenue goals.

II. SWOT Analysis:

1-Strengths:
    • The company raised additional capital to fund its business operations and had more than three dozen different investors
    • The firm will be launching the first commercially available biotech animal in the U.S
    • Yorktown Technologies grabbed the attention of the media and the news of the upcoming Glo fish launch was on the front pages of many famous magazines
    • $ 4 million out of $ 700 million was spent on Yorktown Technologies products by consumers.
    • Yorktown technologies’ suppliers and distributors have been regular suppliers of tropical fish to the 3 major retail chains
    • The company was given exclusive rights to lines of red, green, yellow and orange fluorescent zebra fish which provided the company with an effective barrier to entry against potential competitors

2-Weaknesses:
    • Generated more than $ 120,000 loss in 2004
    • There is no enough money to support a national advertising campaign
    • Not being able to sell the Glofish in California which is an important market with high population
    • High demand on limited supply
    • Some countries are still not convinced with the safety of the GloFish

3-Opportunities:
    • California is a very important market that has a population of 33 million who are willing to buy innovative products
    • International markets where the fish can be sold mainly Asia
    • Zebra fish are known to be very popular ornamental fish with more than 200 million sold in the U.S alone
    • Two dozen regional wholesalers located throughout the country distribute freshwater ornamental fish to an estimated 5000 retail establishments for sale to consumers
    • Total sales of pet stores are increasing at an annual rate of 7%
    • Consumer market for freshwater ornamental... [continues]

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