Alpen bank. SWOT Analysis Case Study Example | Topics and Well Written Essays - 1750 words

Alpen bank. gussy up Analysis - Case contract ExampleThe brass section has hesitated to launch its conviction card services because of poor infrastructure, population inexperience and lower-ranking per capita income level of the Rumanians. However, they have launched this credit card service and able to win the devote of customers. In the division 2000, the organization has entered in the European market. The objective of the study is to form an effective marketing strategy in order to clear cut the positioning strategy considering the credit card industry. A strategic SWOT analysis has been implemented below for Alpen. Strengths Alpen bank is one of the leading banking organizations in Romania. The bank is popular at bottom the country due to the effective customer service and several differentiated customer service. Due to its forest customer service the organization has able to make positive brand awareness in Romania. As it is discussed earlier, premium banking service s have emergenced the core competencies and reputation of the brand name in the Romanian market. Weaknesses Lower customer bottom is the biggest weakness of this brand. The organization has implemented credit card service facilities for its clients in Romania. The concept of the credit card was not familiar with the citizenry of Romania. The organization has hesitated to enter in this credit card service business due to the effect of recession, low per capita income of people and inexperience of the people rough the credit card services. Lack of awareness and low customer base is the significant weakness of the organization. Opportunities instantly the potential opportunities for the credit card service of Alpen bank can be determined by evaluating the effects of following six important environmental factors to the company. Political The organization has tried to enter in the European Union market to increase its international client base. The credit card industry is comprised of four notice parties, such as Merchant acquirers, Merchants, Card Issuers and Network & Associations. However, the banking sector in Romania is least affected equivalence to the other developed countries. Strict governmental regulations and ethical policy implementation has helped the organization to win the trust of the consumers. The support of several political parties and government can increase the core competency of the organization. Economical The organization is overcoming the challenges of previous recession. The economy of Romania has able to overcome some effects of recession. The disposable income of middle class people is increasing significantly. Initially in the year 2006, the organization was trying to enter in the EU theatrical role due to the economic advantages of these areas. However, the organization had tried to target the premium customers due to the unfavorable economic condition. The spirited disposable income of the people of high income level will help the organization to generate high revenue. mixer The people of Romania were not that much aware about the credit card services. Therefore, it is necessary for the organization to create social awareness about the credit card service. It is a potential opportunity for the organization to increase its market share in Romania. The organization should concentrate on the untapped market. Moreover, changing life dash and improved literacy rate will help the organization to create a huge customer base within the country. Technological Technology is a necessary aspect for the growth of this industry. This credit card installment will encourage the people of modern society. Effective and advanced telecommunication facility, computer technology and developed terminals will help the customers to operate the credit cards comfortably. Environmental The service sector has able to accommodate high growth rate comparing to the