CASE 3
VICTORIA'S ORCHIDS: I CAN DO IT BY MYSELF
SWOT Analysis
Strengths Weaknesses
Owner-Operator with prior experience Competitors will easily sell comparable
Gross margins are very large. goods.
Capability to sell goods online Low start-up costs
Visible website Expensive transportation
Low start-up risk Pricing versatility is restricted.
Opportunities
Threats
Online sales will continue to grow.
Regulation changes can have an effect on
Additional rounds of capital are being
the sector.
raised.
Competitors already sell their products.
Relationships with affiliated vendors
Insurance premiums are constantly rising.
Product creation that is proprietary
Price increases will result in higher
Establishing wholesale distribution
pricing.
partnerships