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Aline Lima de Carvalho B0413MPMP0810Thiago Muller B0237DADA0810Emanuelle Turra: B0291SBLY0810 Group 5
A New Strategic FocusFebruary 17th 2011
hmv
KEY FACTS Founded in 1921 280 stores (UK and Ireland) More than 700 stores
in 8 countries Also own Waterston's,
Fopp and Zavvi
Situation 60 stores closing downSales fell by 14% comparing to Christmas time last year Products have gone on line
hmv
hmv Stores closing down
hmv Piracy
hmv Sales diminishing
Strengths Weaknesses
Opportunities Threats
Diverse Products in a same marketing
Knowledge and Experience
Recognized Brand/Name
Too many online competitors
Too many shops (stores)
Reach new consumers New Image New Market
May lose old consumers Face strong competitors
Competitor Analysis
Changes begin
Nipper the mascot first appeared in an 1898 oil painting called His Master's Voice
The HMV logo has been rebranded to give it a more contemporary look (2007)
How to Adapt?- Strategies
Online Investment
Promotion/Deals
Wi-Fi in store discount shopping
Go green (like kindle)
Smart Phones Apps
hmv
hmv
- strategies
Internal and External Factors
conclusion• Hmv need some changes to get back to the
market- Lower the cost (less stores)- Invest in the on line business (e commerce, e
market, e business)- Take advantage of the technology. Changes can
be good if Hmv keeps up with it. - Promote it. Then results will come soon.
Thank you!