7. SWOT ANALYSIS
Strengths
• Competent and
enthusiastic team with
strong knowledge and
experience
• Creative yet practical
product designers
• Strategic alliance with an
established partner
Weaknesses
• Reliance on outside capital
• Difficulty in building brand
awareness
• Difficulties in establishing
proper distribution channels
8. Opportunities
• Very limited competition
• Untapped market
• Very large potential
customer base
• Advancement of
technology, affordability of
cameras
• People having more
interest in art/photography
Threats
•Future/potential competition
from an already established
market participant (newspaper,
nepalphotography.com).
•Increasing interest in
videography
10. MARKETING STRATEGY
• Marketing Objectives
– To achieve steady market growth by increasing market
shares and by moving into new markets
– To acquire 1500 one-year subscriptions with-in one year
– To gain 1,000 one-year subscriptions through
organizations with-in a year
– To have 1,000 two-year subscriptions in the first year
11. • Financial Objectives
– To achieve a double figure growth for the first five years
– To increase profit margin through efficiency and economy
of scale
19. CONTINGENCY PLANNING
• Problem generating brand visibility
• Negative perception of the product offerings
• Entry by an already established player (daily media or
other magazines)
• Failing to sustain the business
• If liquidation become eminent