ipl-logo

Cango Swot Analysis Paper

1356 Words6 Pages

Market Analysis The market for online gaming and shopping is vast oasis of potential customers. CanGo is currently targeting a small section of the population and potentially not the most profitable portion. CanGo focuses the majority of its attention on the Gen X and Gen Y populations; there are other segments of the population of online gamers and shoppers that could provide a larger customer base. According to the Entertainment Software Association, in 2015 155 million Americans play video games (Entertainment Software Association, 2015), either on personal computers or gaming consoles. The 155 million only accounts for Americans not all the other countries around the world that has gamers and CanGo has seen a spike in sales to Japan. There …show more content…

since 2000 (Pepitone and Goldman, 2013) and started off as just an MP3 player system. However, it has since grown in products and popularity. Some of the popularity is because of its software ability to run on both Mac and Windows systems. CanGo is still a relatively new company who hasn’t had the chance to grow in popularity and was only conceived in 2006. Strengths Locally owned CanGo has the advantage of being a locally owned company. By being locally owned they are able to hold more personal promotions such as the block party mentioned in “CanGo to Unveil Online Gaming Venture” in August of 2010. Some customers may seek to buy from locally owned companies. CanGo vs. Addicting Games AddictingGames.com is a purely online gaming company is the largest online gaming site in the U.S. According to Gartner, Inc., an information and technology research and advisory company, the entire video game market is set to reach $111,000 billion by 2015 and PC Gaming makes up $21,601 billion of that (Gartner, 2013). Weaknesses Staffing Currently Addicting Games employs an entire community of employees, third-party developers and professional gamers who help create the online games found on their site. They are able to launch at least 12 new games every week (Addicting Games, 2014). As it stands, CanGO has one online gaming developer, Whitney.

Show More
Related

  • Cango Final Report

    821 Words  | 4 Pages

    Executive Summary In 2006 Elizabeth Bennett, CEO of CanGo has used her talents to build and pursue a groundbreaking online gaming business and turn it into a worthwhile and successful creation of e-commerce online gaming industry. Over the years CanGo establishes itself as a nation online victory corporation. The JAMES Group has noticed the organization's lack of key potential areas of business matters.

    Read More

  • Canruss Business Model

    1014 Words  | 5 Pages

    Canruss Medical & Safety has grown from 5 to 25 vehicles including Mobile Treatment Centres and Industrial 4x4 Ambulances since 2005. Also, Canruss has added First Aid trailers and First Aid Shacks. Canruss has opened a new large location in Terrace BC in

    Read More

  • Cango Market Analysis Paper

    769 Words  | 4 Pages

    As the online gaming market keeps on extending at an astonishing rate, we can securely expect that Zynga will keep on capturing a large offer of the gaming market while proceeding to create consideration grabbing

    Read More

  • Executive Summary Of Cango

    1458 Words  | 6 Pages

    Executive Summary SWOT Analysis CanGo experienced extraordinary growth from 2008 to 2009. It is one of the most rapid growing companies we have assessed in the market. Some of the strengths that we have accessed are the rapid book sales from $7 million to $15 million dollars from 2008 to 2009. CanGo also had remarkable sales in the online gaming division with an incredible $25 million in revenue sales for 2009. Sales in the CD/DVD/MP3 sales were also very stable at a $8 million revenue sales in 2009 as well.

    Read More

  • Cango Market Analysis Paper

    700 Words  | 3 Pages

    This supports their organization’s mission to expand globally due to the excelling video game market. With such a large market segment there is endless potential for CanGo to rise in the gaming industry. Consumers are spending more time than ever on games, and this is especially true for the millennial generation. The reason for this is that games now cater to a much wider variety of interests.

    Read More

  • Swot Analysis For Cango

    1033 Words  | 5 Pages

    CanGo is a company that built it success upon book sales and has recently decided to enter the foray known as online gaming. This unique division of its attention leads to an interesting competitive analysis. On the one hand, their competitors within the book world must be accounted for. On the other, their new ones they will soon compete with in online gaming.

    Read More

  • Swot Analysis Of Cango

    172 Words  | 1 Pages

    CanGo is a young online ecommerce company that has seen tremendous growth in their few years of being around. The company has had most of their revenue come from the sale of books and now online gaming. This could help CanGo become one of the leading companies in the ecommerce market. With the online sales of books and online gamine CanGo will gain a stronghold on their competitors. As the business grows the philosophy of their business needs to be change so they can compete in the ecommerce market.

    Read More

  • Company Overview: SWOT Analysis Of Cango

    591 Words  | 3 Pages

    2.0 SWOT ANALYSIS Strengths: As with many retailers nowadays, CanGo has an increasing potential to continue growth exponentially through the current business model. This is due to the unlimited amount of prospective consumers drawn to the CanGo site to purchase from the companies diverse product mix. CanGo currently has a strong diversified product line focused within the entertainment industry. Such products currently offered are books, CS, DVD’s, online gaming, and videos. CanGo’s management team and staff regularly seek solutions to improve the customer experience by viewing the product and services offered from the customer-centric focused perspective.

    Read More

  • Home Depot Swot Analysis Paper

    1386 Words  | 6 Pages

    Home Depot is one of my favorite stores, I can actually get lost between the isles, it may sound little strange for a women but I really enjoy the store. There is so many ideas items and thoughts floating around the store that I end up learning new things. I decide to write about Home Depot for my assignment, and do a little more research about a place that I enjoy. Home Depot is a publicly traded company, it was rated as number thirty three for the 2014 top 500 companies in the United State (Fortune 500, 2014).

    Read More

  • Memo For Shouldice Hospital

    1222 Words  | 5 Pages

    Company Name Company Address Date of Memo To: From: Subject: Recipient of Memo Title of Memo The Shouldice hospital is an excellent example of focused, well developed service delivery system.

    Read More

  • Research Paper On Cango

    572 Words  | 3 Pages

    As a newer, yet dynamic company, CanGo had found the ability to function in the highly dynamic and competitive online retail market and the online gaming platforms/markets. This section of the research paper will focus on describing the market analysis and research that concerns the areas of online shopping and online gaming as well as the size of their markets. Potential areas of consideration are the size of the market, the different market trends, and potentials as well as the demographics we may be focusing on. CanGo is a company in which has several potential strengths that can aid them in securing economies of scale from the global transactions. Firstly, the company has become has secured adequate entrenchment in the online gaming and

    Read More

  • Company Overview Of The All Stars Project Of Chicago

    1021 Words  | 5 Pages

    The All Stars Project-Chicago SWOT Analysis Through the All Stars Project, over 53, 820 inner-city youth are given opportunities to transform their lives through the power of performance. This nonprofit reaches some of our nation’s most marginalized youth in six different cities: New York, Bridgeport, Chicago, Dallas, and the San Francisco Bay Area. The All Stars Project of Chicago has many strengths, including its direct response to the surrounding community’s need, and its status as a privately funded nonprofit; which overshadow its weaknesses of having a small staff and office space. There are many opportunities for growth including expanding partnerships with Chicago Public Schools and other similar organizations, and eventually expanding

    Read More

  • Internet Addiction Book Review

    758 Words  | 4 Pages

    Annotated Bibliography for Internet Addiction Lisa Comtaruk October 27, 2017 Bishop, J. (2015). Psychological and Social Implications Surrounding Internet and Gaming Addiction. Hershey, PA: Information Science Reference, an imprint of IGI Global. The book focuses on the negative side of technology and how people fall prey to gambling and gaming addiction (Bishop, 2015).

    Read More

  • Saic Swot Analysis Paper

    423 Words  | 2 Pages

    Dr. J.R. Bester founder of Science Applications International Corporation (SAIC) is headquartered in McLean, Virginia and employ 40,000 people in 2013. This Aerospace and Defense industry offer products and services in the system integration, technical services and solution and scientific engineering. SAIC strengths are their loyalty they have from their clients by proving their customers with innovative merchandise that put the company ahead of others in their industry, with management marketing teams improving services through services and merchandises increasing company growth. The distributors that the support the company provides the company supplies are better than their competition (A, 2012).

    Read More

  • Essay On Positive Effects Of Video Games

    1350 Words  | 6 Pages

    Various games are activities that have been around since the beginning of time has evolved into a technology based forum for all ages called video games. These types of games have become an extremely popular activity and are a big part of a lot of people’s everyday lives. Instead of looking at video games as a leisurely hobby that one plays in their spare time, it is now looked as a positive benefit for people to play. Playing video games are beneficial, according to some studies they can develop cognitive skills, create social connections, and stimulate creativity.

    Read More

More about Cango Swot Analysis Paper

Open Document