Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Solution

Disclaimer: The content you are reading is just a format on how a case should be solved.
This is not the actual case solution. To get the case solution place your order on the site and contact website support.
Buy Now

Home >> Hua L Lee >> Intuit Inc: From Products To Services In The Information Age >> Swot Analysis

Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Solution

Strengths

SWOT AnalysisOne of the substantial strength of the business is regular purchases and high customer commitment among existing client base. Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Solution has become influential brand name for the online streaming material all around the world.

Another strength is that the business has actually been engaged in producing the initial material with the greatest quality over the years. Numerous technologies have been adapted by business through providing streaming on all web linked gadgets such as mobile, iPad, Personal computers, and tvs.

Weaknesses

It is to inform that though the original material supplied competitive edge to Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Analysis over its rivals, the expense of movies and shows is growing on constant basis to support the content. The minimal copyright is among the significant weaknesses of the company, since most of initial programmingare not owned by Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Solution, which in turn has negatively influenced the company.

Likewise, the company provides diversified content to client all around the world, which tends to require huge amount of money.Due to this purpose the business has decided to take debt to money its new content. The business hasn't made use of the renewable resource and it hasn't created the business design, which promotes the ecological sustainability. The lack of green energy usage has lasted significant negative influence on Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Solution's brand image.

Opportunities

With the existing customer base; the company can exploit the market chances by expanding business operations in global markets. The company needs to find the joint endeavor for the function of capitalizing the massive client base in China.

Another chance offered to Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Analysis is the partnership in Europe, where the business could partner with the Canal plus and BBC in order to have access to the wealth of native language European material along with having an opportunity to increase the consumers in local arenas. It can partner with numerous telecom providers, and it can likewise offer bundle offers and packages in different or untapped markets. The company can likewise produce region specific content in the regional languages and increase fundamental through niche marketing.

Threats

Among the noteworthy danger to the success of the business is the competitive pressure. The competitor base and their supremacy have been regularly increasing, Amazon, HBO, AT&T, Hulu and Youtube are contending in exact same industry with Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Analysis by providing the repetitive access to the initial and new material to their customers.

Another risk for the company is strict governmental guidelines in numerous countries. ; the expansion of Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Help in Chinese market would be not likely due to the governmental rigorous regulations and restriction on the foreign material.

Alternatives

As the company has been dealing with the concerns of the client churn rate; there are numerous alternatives proposed to the business in an attempt to attend to the emerging concerns. The options are as follows:

1. Acquiring new content

The company could obtain brand-new and quality material at greater rate, due to the reality that the company would most likely invest in greater home entertainment for the customers and enhances the Swot Analysis of Intuit Inc: From Products To Services In The Information Age Case Help experience as a whole for the clients' advantage.

Given that, the company has actually been investing heavily in the original content been accessing the rights to the popular content, but it constantly comes at a considerable cost. So, the business needs to raise billions of dollars in debt for the function of getting brand-new and quality content.

The boost of number of dollar in price would enable the company to generate billions of extra profit margins year by year. The business can increase its prices on the basic service strategy. The brand-new client base would undergo the business and the existing clients would likely see the increase in cost in the upcoming months.

There is a likelihood that the clients or subscribers would not more than happy to pay additional rate for the quality material, but the shareholders would appear to back the decision of the business. It is presumed that the numbers of cancellation would not be high, so that the company could take the market share and reinforce the earnings returns.It is due to the reality that the high price is equivalent to high profits. The business would be able to roll out the brand-new client base through brand-new pricing structure.

2.10% enhancement on Cinematch

The company can improve the precision of Cinematch recommendation by 10 percent, which suggests that the system would most likely get 10 percent better in approximating what a user or consumer would consider the motion picture, on the basis of the prior motion picture preferences of the users.

The company can likewise ask the clients or users to rank the film it recommends i.e. on the scale of the one to five stars. By doing so, the company could easily increase the efficiency of the system or software application.

SWOT Framework

The company might modify the ranking scale for the purpose of getting more information on what consumers like and do not like about the film, to aid with preferences, film ranking and trends for the subscribers. It is essential for the company to enhance the movie intelligence on the basis of the patterns and choices.

In addition, the business can change the five start rating with the brand-new thumbs up or down feedback model for the higher complete satisfaction of members. It would likewise improve the customization.

Improving the Cinematch recommendation model by 10 percent would enable the business to create better outcomes for the users or subscribers, in case the user desires various or comparable film than previous films they have actually already enjoyed. The results from the winning would certainly be 10 percent more efficient and precise than what the previous result.