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11).

SWOT Matrix, SPACE Matrix, Grand Strategy Matrix and Quantitative


Strategic Planning Matrix (QSPM)

SWOT Matrix Cont.

Space Matrix Data

Space Matrix

-Market penetration
-Market
development
-Product
development
-Backward
integration
-Forward integration
-Horizontal
integration
-Related
diversification
-Unrelated
Diversification
-Horizontal
diversification

Grand Strategy Matrix

-Market
Development
-Market
Penetration
-Product
Development
-Forward
Integration
-Backward
Integration
-Horizontal
Integration
-Related
Diversificatio
n

QSPM

QSPM cont

12).

RECOMMENDED STRATEGY

- Build a brand image in existing markets by


promotions and innovation of new product which are tailored to their
specific needs.
- To increase their customers range, Avon should start a new product line
that would be less expensive.
- Avon should completely eliminate the home segment of their company,
and concentrate on their successful beauty products.

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