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Ie Matrix KK
Ie Matrix KK
Ie Matrix KK
IE MATRIX
IV V VI MEDIUM
HOLD AND MAINTAIN
IX LOW
VII VII
HARVEST AND DIVEST
Based on the figure, the arrangement of the coordinates only direct to medium and
average section (IV, V and VI). This IE matrix tells us that Krispy Kreme Company should hold and
maintain its position. The company should pursue strategies focused on advertising, increasing
market penetration and product development.
Krispy Kreme has reach globally and it shows that this company has lack of its advertising.
This IE Matrix suggests that advertising should be done in order for them to hold and maintain in
the market industry. Having a product development, they can create uniqueness amongst
doughnut businesses and possible they can create another line of business and market
penetration is also one of the key to become a leading brand in the market. Through this IE Matrix
Krispy Kreme can now focus on the things that can help the hold and maintain in the long run.
Strengthens
Known worldwide
Sustainable markets
Products availability in different markets
Fundraising or charity
Large market share
Personal relationships with customers
Brand recognition
Weakness
Limited products
Weak advertisement
Lack of uniqueness
Financial losses
Opportunities
Market development
Market penetration
Media advertising
Charity collaboration
Have an alliances
E-commerce
Threats
Leading Competitors
Health conscious customers
Pandemic
Government interventions