Peak Garage Door Swot Analysis

Topics: Shopping mall, Marketing, GloFish Pages: 4 (769 words) Published: May 16, 2010
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:

• 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

• 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

• 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 fish and...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Peak Garage Doors Inc. Essay
  • Peak Garage Door Case Alternatives Essay
  • SWOT Analysis and Tools Essay
  • Peaks Garage Doors Essay
  • Swot Analysis Essay
  • Swot Analysis Essay
  • SWOT analysis Essay
  • Swot Analysis Essay

Become a StudyMode Member

Sign Up - It's Free