Business > CASE STUDY > STR 581 Wk 1 Case Study Analysis.docx STR 581 Case Study Analysis: Magnolia Brands (All)
STR 581 Wk 1 Case Study Analysis.docx STR 581 Case Study Analysis: Magnolia Brands STR 581 Case Study Analysis: Magnolia Brands Magnolia Brands Magnolia Brands to realize their vision In a... business, the external components are essential customers who influence the company through marketing and strategic release of cooperation data. Another essential component for the vision of the Magnolia Brand is the government. The company will make a profit when the government gives subsidies and incentives. Next, Magnolia Brands™ stability is also affected by the economy. Due to the economy fluctuating up and down, Magnolia Brands thrives when the economy is in good standing. However, the company can result in some losses when facing the opposite (Hockerts, 2015). As far as competition, to maintain its customer base, the brand should improve its products to stay ahead of its competitors. This strategy will allow the company to achieve its vision. Lastly, the company should take advice from its customers by listening to feedback on how to improve in areas of concern to help improve quality products and services. Magnolia Brands™ major competitors For a business to do well within its industry, it must maintain its customers and outperform its competitors. While Magnolia seems to be doing well, other businesses of its kind can be an alternative for new and existing consumers. Magnolia has many competitors to include Sitecore Experience Platform, Progress Sitefinity Company, Pantheon, and WordPress.org. Sitecore Experien. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . [Show More]
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