Overview of the Canadian Jewelry Retail Sales Industry - Case Study Example

The fashion clothing industry has recently been of great interest to market researchers and practitioners (Bakewell et al.... This is mainly because of the profitability associated with the industry.... The fashion clothing industry has recently been of great interest to market researchers and practitioners (Bakewell et al.... This is mainly because of the profitability associated with the industry.... In general, the literature overview relating to consumer purchasing behavior illustrates several areas of interest in the fashion clothing industry....

The diamond industry has grown highly competitive since the mid-1990s as a result of the liberation of the market & reduction of control of supply power of DeBeers and emergence of synthetic diamond that is cheap and sustainable as compared to the mined ones (Cadieux, 2005).... The company operations in the diamond industry are based on exploration, mining, and marketing (Cadieux, 2005).... Situation Analysis This section outlines the current situation in the diamond industry....

The family then decided to venture into the industry since the competition is low and the demands of the customers on the other side are high.... The mission of the business is to create a high reputation in terms of jewels sales in the United Kingdom in the next two years.... The mission of the business is to create a high reputation in terms of jewels sales in the United Kingdom in the next two years....

This idea is intended to win more customers because of the after-sales services like designing their overall attire which compliments with the jewelry.... According to the Indulgence Jewels Company, I have conducted an opportunity analysis and came up with a business idea whereby I will focus on the manufacturing and distribution of jewelry.... However, there are few companies that deal with designing and distributing jewelry, there is a high demand for jewelry and thus my objective is to design, manufacture and distribute jewelry to people....

Tiffany Company has a strong direct sales strategy well outlined in four different sectors that involve multiple direct distribution channels.... Moreover, this would mean that the sales procedure\s are simple and therefore encourage the consumer to engage in the activities of the business.... … The paper "Strong Brand with Relatively Few retail Stores" is a great example of a Management Case Study.... The paper "Strong Brand with Relatively Few retail Stores" is a great example of a Management Case Study....

Based on this brief excursion, the chief focus of this report is to develop a strategic direction to ensure the long-term survival of De Beers within the competitive environment of the diamond industry by using various analysis tools of strategic management such as Porter 5 Force, PESTEL and VRINE (SWOT) analysis.... In this regard, the section will rely on appendix 1 that does environmental analysis and appendix 2 that does analysis for industry through porter's model....

Place Pandora has an estimated 9,500 sales points which entail an estimated 1,600 concept stores spread across over 90 countries.... Most jewel retail stores globally stock this brand since it's a classy product that covers a great variety of exquisite designs and materials which has also contributed to it being the main product of focus.... Additionally, its brand image is characterized by its high quality, hand-finished, genuine and modern jewelry product which are sold at affordable prices....

… The paper "Competitive Environment and Business Level Strategy" is a wonderful example of a report on management.... The term corporation is a term that is very common in the financial world today.... A corporation can be defined as a business entity that is formed to fulfill specific objectives and that is separate and distinct from its owners....