This competitive analysis was conducted to aid in the development of CanGo‚ an online gaming website. This analysis focused on three competitors: Big Fish Games‚ iWin.com‚ and Pogo.com. The existence of these competitors indicates that there is indeed a market for online gaming. All of these competitors offer free online game play‚ game downloads‚ chat rooms‚ club memberships‚ and some type of prizes. This suggests that CanGo may be benefit from extending the online gaming website to include these
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Executive Summary CanGo A successful internet startup company‚ CanGo has grown from a small retailer of books to an online retail hub where customers can purchase games‚ movies‚ music‚ and books. CanGo is looking to move forward into new and emerging markets such as online gaming while seeking to enhance their current operations through the use of technology. In order to help address any issues which may occur because of these proposed changes‚ CanGo has enlisted our consulting firm to help them
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Assumptions: 1. At the beginning of 2009‚ CanGo purchased the online gaming company. This purchase was for cash‚ paid for through the proceeds of the IPO and results in goodwill. 2. 90% of the online book sales comes from JIT‚ the other 10% through the inventory which CanGo possesses. 100% of the CD/DVD/MP3 come through CanGo inventory. The result is that 80% of ALL sales is JIT and 20% is inventory. 3. There is one warehouse for shipping of books and one plant for manufacturing
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expects global games industry revenues to rise from $60.4 billion in 2009 to $70.1 billion in 2015. The importance’s of our consultant firm are to analysis and make recommendation to increase revenues‚ increase growth‚ and produce effective results. CanGo are involved in three kinds of electronic industries‚ which are elaborated into one company that includes e-books‚ digital media‚ and the online gaming industry. To develop a better understanding
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SWOT is an acronym that stands for strengths‚ weaknesses‚ opportunities‚ and threats. The SWOT analysis will help CanGo understand the opportunities that are available and what threats may affect its operations. Before moving forward CanGo needs to assess the position they currently have in the market place. The use of a SWOT analysis technique will be beneficial at this point and will serve as the baseline to elaborate on a strategic plan for the organization. Be Bold has been observing CanGo’s
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2 BUSN 460 OVERVIEW Conducting an impendent Analysis for the CanGo Company. OBSERVATIONS After watching this video I observed that the manager at CanGo assigned one of his employees (Nick) to implement a plan for online gaming. Nick agrees to this task‚ however very shortly after the conversation he became very overwhelmed after realizing how much research and work that was involved. ISSUES From what I can see in the video‚ CanGo is faced with two major challenges: A) Getting a stable gaming
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Problem: CanGo has never prepared a SWOT analysis. This can lead to poor decision making and ineffective goal determination. Solution: Prepare a SWOT analysis which shows the company’s strengths‚ weaknesses‚ opportunities and threats. Strengths and weaknesses are often internal factors while opportunities and threats are external. CanGo needs to do a SWOT analysis in order to identify where they are strong and where they are vulnerable. To do a SWOT analysis CanGo needs to ask themselves the following
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Financial analysis of CanGo CanGo has been growing rapidly ever since its formation. It experienced a greater than expected growth in revenues. However‚ the company is faced with some financial difficulties and so there is a need to take certain financial decisions. Also‚ it faces problems of controlling logistics related to growth. Rapid growth seems to be a blessing. However‚ it depends on the company’s ability how they deal with it. The holiday season of 2009 showed the company’s inability to
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SWOT Analysis: Swot stands for strengths‚ weaknesses‚ opportunities‚ and threats. The SWOT analysis will assist CanGo understand the opportunities that are obtainable and what threats may have an effect on its business. Before moving onward with new ventures CanGo needs to evaluate the arrangement they currently have in the market. Performing a SWOT analysis technique would be very beneficial at this point and will serve as the baseline to elaborate on a strategic plan for the organization.
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CanGo Analysis and Recommendations After observing various CanGo meetings and CanGo personnel‚ we feel that there are several key issues facing CanGo‚ that could prohibit the company from growing positively and at a rate that is acceptable to the company. We have put together this analysis to provide CanGo with not just the issues facing you‚ but detailed recommendations on what to change and why it is important to do so. The issues we would like to focus on at this time are: 1. Leadership
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