Business 102- Final Presentationx
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Transcript Business 102- Final Presentationx
Sonja Sweet, Justine Rancy, Brett Melnick and Scott Cameron
Mountain Bikes- Low Price/High Quantity
◦ Direct Competitors
Bikes Inc. (2018)
Lane Bikes (2011-2017)
Youth Bikes- Close to target price
◦ Direct Competitors
Lane Bikes (2016)
Bikes Inc. (2017)
Relatively Steady/Average Results
Third in:
◦ Shareholder Value
◦ Sales (Mountain Bikes)
Gross Margin: $6,543,315
Strengths
Weaknesses
•
•
Strong Cash position
Second in industry for Cash
•
•
Low Quality index
0.54
•
•
High Profit
$2,671,204 Profit
•
•
High Wastage
40%
•
Cost Leader (Mountain Bike)
•
Poor Demand forecast
•
Low Idle Time
•
High Cost of Goods Sold %
•
•
High Sales for Youth Bike
$41,268
•
Low Awareness
•
Good Distribution
performance for Youth bike
0.54
•
Low distribution performance
for Mountain bike
0.35
•
•
Opportunities
•
Threats
Can buy shares back because
of strong cash position
Issue more dividend per
share
•
Bikes Inc. is a threat with a
lower Retail Price in both
Mountain and Youth bikes
•
High SCU therefore we can
make a large amount of bikes
•
Bikes Inc. has higher sales
•
We have low advertising so
we have the opportunity to
increase advertising and
increase sales
•
Better Quality for both
Mountain Bike and Youth
Bike
•
Capitalize on the shortage of
bikes in both the Mountain
and Youth bikes.
•
Bikes Inc. also has higher
Awareness rating
•