Company Overview JB Hi-fi was established by John Barbuto (JB) in 1974 and opened its first shop in Melbourne. In 1983‚ it was sold to Bouris and Rodd who expanded the company and‚ later on‚ sold the majority of their holding to a private equity‚ Next Capital Pty Limited. The company’s share was floated in Australian Stock Exchange in 2003 at IPO price of $1.55. JB Hi-Fi‚ has diversified its business from predominantly selling music CDs‚ and is now a major retailer for televisions‚ audio/visual
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accounting policies and other explanatory information. The JB Hi-Fi Limited financial report has been prepared in accordance with Accounting Standard. In the report there is a summary statistical analysis presented. This analysis presents the JB Hi-Fi Limited profit or loss‚ increasing or decreasing. This report is based on the consolidated financial statements which have been reviewed by Deloitte. Results for announcement to the market This information shows (Income – Expenses = Profit) the
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Property Plant and Equipment Carrying amount of the Property‚ Plant and Equipment at reporting date of JB-HiFi According to AASB 116 Property‚ plant and equipment held beyond the normal operating cycle of entity are deemed to be non-current assets. Here’s the extract from the report. [pic] Descriptions: Carrying Amount of PPE is $163‚982‚ 000‚ which is made up of the figure of plant &equipment which is $106‚560‚000 add to the Leasehold improvements which is $57‚422‚000 come out as the total
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companies they are Harvey Norman and JB Hi-Fi. It provides an analysis and evaluation of the current and previous profitability‚ liquidity and financial stability of both companies. Methods of analysis include financial ratio analysis for example profitability and performance ratio‚ liquidity ratio‚ financial and stability ratio by reviewing the financial report of two companies. It also review the industry analysis‚ highlighting the size of the industry in Australia‚ the level of competition and the
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was made on the annual report for the year ended 30 June 2009‚ of the company “JB Hi-Fi Limited” which is one of the largest retailer chain groups for home consumer products such as consumer electronics‚ electrical goods‚ software including music‚ games and movies. The company is operating with 123 stores (106 Branded JB Hi-Fi) spread across Australia and New Zealand‚ who’s head office is in Chadstone VIC 3148‚ Australia. The Auditors The company’s financial report ending 30 June 2009 was audited
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TARGET MARKETS Market Analysis Target Market - Your target customers are those who are most likely to buy from you. Target Marketing can– Help in Clearer understanding of markets needs‚ wants and desires More specific and effective use of marketing resources (e.g. budget‚ time expertise) More strategic approach Maximize profit. Importance Steps of Market Analysis: Market Segmentation Market Size Market Dynamics Competitors Historical Background Emerging Trends Market
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What is meant by “target market”? The focus of marketing effort is people. The goal is to reach a subset of the population who may be interested in your particular product. That group of people is your target market. The term target market is used because that market is the target at which you aim all your marketing efforts. The markets you are trying to reach are people with common characteristics that set them apart as a group. The more you know about a target market‚ the more precisely you
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The market also sets prices for goods and services. 4. Describe the likely target market for a company that sells designer jeans at a shopping mall. Explain the reasoning behind your answer. A= The target market would be people who wears designer jeans‚ people who has a lot of money and people who wants to fit in with everyone else because they don’t care how much it cost at longs they have them. 5. Explain how an item’s target market might affect its price. A= An item’s target market is affect
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Target market In order to reach our service to the right customer‚ we have chosen Demographic as our target market segment such as age‚ income and occupation. By using this segmentation‚ it could easily help us to find the logical way to classify consumers. According to the result shown in Figure 1 that has been attached in appendices‚ most of the internet user’s age in Malaysia is between 15 and 44. In Figure 1‚ we can see that the majority internet users 38% are from age 15 to 24‚ second rank
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reach the target market and access all the market desired‚ without the logistics issues‚ costs‚ and decreasing the trade risks. The disadvantage of using distributors is that Chocoberry may not know who is buying the healthy chocolate bar; consequently it cannot establish relationship with them. Another risk of using distributors is that the product might be advertised and priced in a way that is not advantageous for Chocoberry‚ causing reaching the wrong target market and losing market share. To
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