Swot Analysis For Redbox

The market opportunities and competitive threats that impact Allstate can be discovered through a SWOT analysis. Furthermore, opportunities and threats are the external uncontrollable factors that usually appear or arise due to the changes in a particular industry (Jurevicius, 2013). Moreover, opportunities represent the external situations that bring a competitive advantage if seized upon. More importantly, threats may damage the company so it’s better to avoid or defend against them (Jurevicius, 2013).

Accent was founded in 1993 and is 90 percent majority owned by Canada-based MDC Partners, Inc. Accent has 11 locations in six U.S. states and two international locations in Jamaica and the Philippines. They do business with several fortune 1000 companies such as: American Family, Sprint, Asus, Char-broil, Samsung, Sharp and Weight Watchers. (PR Newswire, 2011)

Companies like Netflix that have been in the movie streaming industry for many years, and have a large portion of the market for streaming movies make it difficult to others to enter into the online movie rental industry. Netflix has already established a large library of movies and TV shows available for its members. It would take Redbox a number of years and resources in order to catch up with the infrastructure that Netflix already has available and ready for the consumer right now. Redbox would need to analize the opportunity cost of going into a new market or staying and investing in the current kiosks market and making sure that it is the best it can be.

Hire purchase – hire purchase is a system where if Asda uses a certain equipment from another company, they must pay back the cost of this equipment in regular instalments. This could include the self-service kiosks that Asda has available in their stores.

In order to maintain market share, Redbox must continue to meet consumer needs. Strong businesses require leaders who are continually working to improve the relationship between consumers and the business. Simply asking what the consumer desires will provide terrific ideas on areas the company can improve or if a new product is needed. “Markets aren’t growing, so firms increasingly compete for a piece of a shrinking pie by introducing one insignificant new product after another (Cooper, R. G., 2011).” Redbox is already a market leader by providing a service that is unique compared to other competitors. A great way to expand the market share would be to introduce a new idea or product. For example, Redbox could offer audiobooks or music CDs

I believe there is some concern for public image but overall the concern is for Redbox to profit and like any other business their success is their priority. In 2009 there was a concern from three major studios, Century Fox, Warner Bros. and Universal, that DVD kiosks were going to kill sales and rentals. Individually

The survey also concluded that 42% of Redbox’s active customer base is renting more DVDs than before Redbox entered this industry. This model can be win-win situation for Redbox, movie studios and most importantly the customers.

TELUS is regulated under federal laws by the CRTC. The consequence of regulatory proceedings could have a material impact on operating procedures and profitability, such as wireless consumer legislation and new requirement for Internet frameworks may causes extra timing on license transfer and approval. At the same time, TELUS also have certain power to monitor and control the level of non-Canadian ownership of company’s common share (The Telecommunications Regulations) for the purpose of company protection.

Netflix success in recent years relates to the video on demand market and the continued success of mail order rentals. The latter was the staple of Netflix in the introduction stage, but Netflix has been able to competitively affect its industry in a way that it has some market share power. The success of the mail order rentals are rivaled only by the success of the Redbox kiosk that have begun to pop up in every supermarket or fast-food restaurant they can get a contract with. The idea is to rent a movie or game from any Redbox for a minimal price and keep it for 24 hours and return to any of the kiosk Redbox owns. The fee is minimal but there essentially is a late fee for every day over the 24 hour period, where as Redbox continues to

Redbox is an easy way to rent and watch DVDs, Blu-Ray Discs and Video Games via automated kiosk or electronic device based streaming video. Kiosks are located at select fast food restaurants, grocery stores and convenience stores. Each Redbox kiosk holds approximately 630 DVDs/Blu-ray Discs/Video Games. DVDs rent for $1.20 per day, Blu-ray discs at $1.50 per day

Redbox uses automated retail kiosk that provides customers with access to DVD and game rentals 24 hours a day, providing unmatched services in the movie rental industry.

Apple (NASDAQ:AAPL) is one of the world leaders in the research, development, marketing, sales and service of personal digital music & video devices, in addition to personal computers globally. Its' innovative music and digital content delivery service, iTunes, has sold over 1 billion songs to date. As of the close of their latest fiscal year the company generated $156B in Sales and generated a Gross Profit of $68B earning a Net Income of $41B (Apple Investor Relations, 2013). The intent of this analysis is to evaluate Apple's strengths, weaknesses, opportunities and threats (SWOT) and provide an analysis of each. The cause, impact and recommendations for each specific strength, weakness, opportunity and threat are provided along with an action plan of how to maximize strengths and opportunities and mitigate the effects of weaknesses and threats. The Apple brand is among the most valuable in the world and its ability to innovate with successive product generations unmatched, yet this has led to a high dependence on its iPhone and iPad platforms, to the exclusion of entirely new businesses. The Apple iTunes platform and ecosystem delivers 30% of all profits and a significant portion of overall revenue, making this single business a stabilizing force in their strategic product and services roadmap (Apple Investor Relations, 2013). Despite these challenges however Apple continues to attain

Easy visibility of the company and recognition of its brand name, due to unparalleled marketing strategies

Operational excellence is important in delivering quality education using functional areas such as learn and grow, look after customer, look after share holder and the business process to excel which are assessed using a balanced scorecard for their performance. A quantitative technique used with the supported tools in the decision analysis process for making in a situation where uncertainty exists. Strutledge can perform decision analysis using simple excel or OM tools which is a quantitative tool that organizes into a payoff table. The SWOT analysis is a quantitative tool used in the decision analysis to access the impact of adding a new MBA and other Master of Science courses.

According to What is SWOT Anlysis (2011), SWOT analysis is an analysis used to identify the internal factors (strengths and weaknesses) of the company as well as external factors (opportunities and threats) of the company.