The e-commerce world is growing by the day, and customers across the globe are becoming accustomed to buying commodities online. In 2014, we had 1.32 billion e-commerce buyers worldwide, and this number has been on a steady rise, up to 2.06 billion in 2020. It is estimated that by the end of 2021, 2.14 billion, […]
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IKEA is a Swedish multinational company that deals in ready-to-assemble furniture, appliances, home accessories, and lighting products. It was founded in Sweden in 1943 as a small family business by Ingvar Kamprad to sell his father’s invention: the flat-pack desk. The business has since grown into one of the most successful corporations in the world.
IKEA SWOT Analysis : What Are Its Biggest Threats? Read More »
The online brokerage niche has never been the same again since Robinhood disrupted this space in 2013. Trading options and stocks was a privilege that only the elite in society and seasoned professionals had access to. This was due to the high commissions that brokerage platforms charged for every trade. However, commission-free trading changed everything,
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Anyone can open a business, but owners should address three critical things for it to be successful. These three factors can be summarized into questions that anyone looking to open a company should ask themselves first before doing it. They are; What problem are you trying to solve? Is there money in that problem? Can
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The telecommunications sector in the United States of America is vast due to the large population. Today, almost everyone uses a mobile phone, something that justifies the huge markets available to Telcos. One big player known for spearheading change in telecommunications is AT&T. This piece will break down the Strengths, Weaknesses, Opportunities, and Threats of
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Tesla is a famous brand known for spearheading the transition to electric and autonomous cars. It is a strong brand in its niche, but it is nowhere close to perfect as it is with all businesses. This piece will break down Tesla’s SWOT analysis and bring out the good and bad sides that combine to
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The airline industry is tricky, as seen from some of the challenges the major players in this niche face. However, the challenges rock across the industry, but the players still manage to remain afloat and facilitate travel across the globe. In this piece, we will break down a popular domestic carrier in the United States
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Businesses use different strategies to ensure they remain profitable and insure them from risks. Some of them entail venturing into new markets, increasing their product offering, or reducing prices. Luckily some of these strategies have been well documented and studied over the years. Businesses today can learn from how the early ones implemented them before
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The journey to building a stable business is very unpredictable. However, business owners should not throw away caution and go about it with no plan in mind. It is advisable to have a roadmap in mind but remain agile and adjust to changes along the way until you get to the destination. A proper business
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Amazon has experienced several ups and downs from its inception, but today, it stands out as one of the top companies globally. A SWOT analysis reviews the strengths, weaknesses, opportunities, and threats a business is exposed to. In this piece, we will look at Amazon’s SWOT analysis and take a deep dive into some of
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