In this context, there may be financial, technological, physical and organizational rare resources for use. Pumpkin patch imitates when it seeks the least cost in obtaining competitive advantage. In addition, it chooses the best possible alternative available for imitation with its valuable and rare resources.
Additionally, Pumpkin patch has set a standard format for its valuable, rare and imitate resources. It states that if resources are valuable and rare but costly to imitate, it will provide a sustained competitive advantage. On the other front, if resource are not costly to imitate, it will leave the organization with temporary competitive advantage.
By doing this company enjoys the sustainability of competitive advantage. Afterward, Pumpkin Patch has also management control system techniques in their business practices to manage their organizational framework Pumpkin Patch, Pumpkin Patch obtains a sustainable competitive advantage if it has organized and structured its business systems, process and resources carefully and effectively.
Similarly, Pumpkin Patch has organized its key competitive advantages are as follows:. Pumpkin Patch Ranking has been done on the basis of their impact on profit and growth of Pumpkin Patch:. Products can be advertised through Television 1Company can create a separate website to promote both of its online and retail business 2Pumpkin patch can also promote its products in children fair.
There may be two types of risks associated with investment return. One is systematic risk which is non-diversifiable and another is non-systematic which can be diversified. Following table has estimated the risk and return for Pumpkin Patch:. HIGHPumpkin patch can also promote its products in children fair. Costs ,Slight Sales Increase,. Increase in Brand awareness , image and information about the kids wearMEDIUMPromoting the product brand through providing discount coupons and cash vouchers8, max vouchers.
During the past six to seven months, it has faced volatility in its market and has taken support for improvement. It headed towards its online mail orders in US and earned reasonable profit in this regard. Corrective actions: Pumpkin Patch should impose some effective strategies to generate more revenue and improve its position in global market of children wear. It is suggested pricing strategy for Pumpkin Patch which will help improving its customer base and strategic position in the market.
In case of Pumpkin Patch, kids will like candy, flossy, stylish and colourful dresses. Babies can also be offered non-clothing items like toys and gifts packages for them. Users or Target Market Infants, newborn babies, children from age group up to fourteen and pregnant women who require comfortable dresses to wear during their pregnancy. There are other brands also available to compete with which have good stand in the market. All these are biggest markets in New Zealand and well known to people of New Zealand.
Status quo of Pumpkin Patch will not be changed easily and would not be acceptable because brand name has been already created and maintained by the company with its existing status quo. Company has to focus on its approach to retail stores from global market perspectives to increase the overall sales of the company.
For that, company needs to expand its market to multiple countries such as China and Malta that may be a good market for Pumpkin Patch. For this, company has to be in same market but increase the market share. Apart from this, it should also focus on its pricing strategy.
People are considered to be price sensitive rather than anything while making a purchasing decision. Therefore, Pumpkin patch should penetrate the market with its strategic pricing scheme. Pumpkin Patch should develop new products but within the same established classes for children wears. It should expand its market to the new areas like offering non-clothing items of babies of every age and maternity cloth for pregnant women. For this, Pumpkin Patch should adopt a marketing strategy which should be a combination of all above mentioned strategies except status quo.
It needs to open new retail stores, start with new distribution centres and logistics systems. Pumpkin Patch already have variations in its product line. Winter and summer collection would be on the basis of seasonal demand and maternity products will also be produced on the demand that may be latent pattern of demand. Every company follows an internal framework for communication of marketing strategies and objectives to the stakeholders.
Pumpkin Patch has also included a well-defined format for communication to the stakeholders about their planned marketing activities and goals. Pumpkin Patch has been suggested an effective market plan according to its nature and distribution chains of business. Plan is as follows:. Receive assured help from our talented and expert writers! Did you buy assignment and assignment writing services from our experts in a very affordable price. To get more information, please contact us or visit www.
June 13, June 3, September 14, This approach is mainly used in Australia and New Zealand and efforts made the success. Children wear industry of New Zealand reported sales forecast on the basis of their survey Overall survey of apparel and children wear industries of New Zealand Documents Marketing Activities Description Impact on profit Retail stores Brand presence in stores, Company owned retail stores This applied to each and every targeted segment of Pumpkin patch.
Wholesaling Franchised stores and department store formats The impact on profit was measured on the basis of feedback received from the customers. Moreover, Company seeks its major development and growth coming from following; Its persistent expansion of retailing with third party which is out of the country through opening department stores in Europe, Australia, the Middle East, The United States, Asia and South Africa; Sustained growth of its market focusing mainly on Australia; Continued growth of its online revenues through its key websites in New Zealand, Ireland, Australia, The United States and the United Kingdom.
Environmental area Impact Demographic: There is one newborn baby comes every 8minutes and 35 seconds in New Zealand Statistics New Zealand, This represents the ration of earning per children of Pumpkin Patch. The demographic factor makes an impact on its business and raises the revenue for company. Political: New Zea land is known for its stable political system. The country has two party systems in its political practices. In simple words, the government of New Zealand is very business friendly and stable.
Therefore, there would not be so many issues for Pumpkin Patch to sustain in New Zealand market. The political framework of New Zealand will provide favorable environment for its business to prosper. PE Ratio. Cashflow ps. Capex ps. Free Cashflow ps. Dividend ps. Dividend Growth. Dividend Yield. Dividend Cover. Cash etc. Working Capital. Net Debt. Book Value. Diluted Weighted Average Shares. Book Value ps. Health Trend F-Score. Bankruptcy Score Z-Score. Earnings Manipulation Risk M-Score.
Liquidity ttm Curr. Ratio Quick Ratio Interest Cov. Sales Growth. Sales CAGR. Graphical History Revenue. Net Income. Normalised EPS. PE Ratio Range. Dividend Yield Range. Analyst Forecasts Price Target: below Price. Analyst Consensus. Profile Summary Pumpkin Patch Limited is engaged in designing, marketing, retailing and wholesaling of children's clothing. Bid - Ask. Low - High. Day's Change. Avg Volume. Open - Close. Range 12m. Latest News for PPL. View all news. Upcoming Events for PPL.
Show recent events. What is the Pumpkin Patch share price? How has the Pumpkin Patch share price performed this year? What are the analyst and broker recommendations for Pumpkin Patch? When will Pumpkin Patch next release its financial results? Pumpkin Patch is scheduled to issue upcoming financial results on the following dates: Interim results are scheduled for: They said their sunflowers started blooming at the end of July this year and continued through the end of September until heavy rains set in.
They plant varieties with different bloom times to extend the season. Prices is located at W. Jefferson St. This year the pumpkin patch opened on September There is no admission charge.
Check out their Facebook page for updates on sunflower and pumpkin availability, dates and hours. Bring cash or your checkbook as they do not accept credit cards.
Best Pumpkin Patch in Indiana! Such a fun Fall Treat! So glad we were able to visit and enjoy. Notify me of follow-up comments by email.
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