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Challenges Faced by a Shoe Store Owner in Downtown Carriedo, Study Guides, Projects, Research of Marketing Business-to-business (B2B)

A case study of Mr. Gilfredo Abad, the owner of a shoe store in downtown Carriedo. the challenges faced by Mr. Abad due to increasing competition and inefficient delivery schedules from suppliers. The document also provides a SWOT analysis of the shoe store and suggests alternative courses of action to address the challenges faced by Mr. Abad. The document could be useful for students studying business management, marketing, or entrepreneurship.

Typology: Study Guides, Projects, Research

2022/2023

Available from 10/24/2023

novelyn-salalima
novelyn-salalima 🇵🇭

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Case 2
Facts of the Case:
Mr. Gilfredo Abad started his shoe store, "Shoes for Everyone," in downtown Carriedo in 1992.
The store offers a wide variety of shoes for all ages, sexes, and cultural inclinations. Sales initially
increased slowly but steadily for the first five years of operations. However, competition in the
area has intensified with the opening of three more shoe stores along the main street. Mr. Abad
sources shoes from factories in Binan and various importers.
The problem:
1. Main Problem: Mr. Abad is facing fierce competition in the shoe business and is
experiencing challenges with suppliers' delivery schedules. He is considering limiting his
assortment of products to focus on larger items but is unsure of how to make a scientific
and objective decision on which items to delist.
2. Immediate Problem: Mr. Abad is struggling to manage the increasing competition and
inefficient delivery schedules from suppliers, which is affecting the overall efficiency and
profitability of his store.
Strategic Analysis (SWOT analysis)
Strengths:
Wide variety of shoes catering to all ages, sexes, and cultural inclinations.
• Established presence in downtown Carriedo since 1992.
• Experience in sourcing shoes from factories in Binan and various importers.
Weaknesses:
• Intensifying competition with the opening of three more shoe stores in the area.
•- Challenges with suppliers' delivery schedules and efficiency.
•- Lack of a scientific and objective approach to decision-making regarding product
assortment.
Opportunities:
• Potential to specialize in specific shoe categories and cater to niche markets.
• Focus on larger items could lead to improved efficiency and better customer service.
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Case 2

Facts of the Case:

Mr. Gilfredo Abad started his shoe store, "Shoes for Everyone," in downtown Carriedo in 1992. The store offers a wide variety of shoes for all ages, sexes, and cultural inclinations. Sales initially increased slowly but steadily for the first five years of operations. However, competition in the area has intensified with the opening of three more shoe stores along the main street. Mr. Abad sources shoes from factories in Binan and various importers.

The problem:

1. Main Problem: Mr. Abad is facing fierce competition in the shoe business and is experiencing challenges with suppliers' delivery schedules. He is considering limiting his assortment of products to focus on larger items but is unsure of how to make a scientific and objective decision on which items to delist. 2. Immediate Problem: Mr. Abad is struggling to manage the increasing competition and inefficient delivery schedules from suppliers, which is affecting the overall efficiency and profitability of his store.

Strategic Analysis (SWOT analysis)

Strengths:

- Wide variety of shoes catering to all ages, sexes, and cultural inclinations.

  • Established presence in downtown Carriedo since 1992.
  • Experience in sourcing shoes from factories in Binan and various importers. Weaknesses : - Intensifying competition with the opening of three more shoe stores in the area. •- Challenges with suppliers' delivery schedules and efficiency. •- Lack of a scientific and objective approach to decision-making regarding product assortment. Opportunities: - Potential to specialize in specific shoe categories and cater to niche markets. - Focus on larger items could lead to improved efficiency and better customer service.
  • Possibility of forming strategic partnerships with reliable suppliers for smoother operations. Threats:
  • Intense competition from other shoe stores in the area.
  • Changing customer preferences and trends in the shoe industry.
  • Potential challenges in finding new suppliers or dealing with a larger number of factories.

Alternative Courses of Action:

  1. Conduct a thorough analysis of sales data, customer preferences, and market trends to identify the most popular and profitable shoe items. Delist items that have consistently low sales or limited demand.
  2. Seek feedback from customers through surveys or focus groups to understand their preferences and identify which shoe items are most valued by the target market.
  3. Establish strategic partnerships with reliable suppliers or factories that can provide efficient delivery schedules and accommodate the store's specific requirements.

Pros (Advantage):

  • Streamlined assortment of products can lead to better inventory management and cost control.
  • Focusing on larger items can improve efficiency and customer service.
  • Scientific and objective decision-making can lead to data-driven business strategies.

Cons (Disadvantage):

  • Delisting certain shoe items may result in losing potential sales from specific customer segments.
  • Limited assortment may reduce the store's appeal to customers looking for a wide variety of options.
  • Establishing new partnerships or dealing with more factories may introduce additional complexities and challenges.

By: NOVELYN A. SALALIMA OCTOBER 23,