This document discusses Toys "R" Us' expansion into the Japanese toy market. Some key points:
- Toys "R" Us is a major American toy retailer looking to establish itself in Japan.
- When entering Japan, it had advantages like Japan's growing consumer base and need for toys/rewards in strict education system.
- Toys "R" Us tailored its product mix and relationships to meet local customer needs and demands, gaining market share.
- It faces challenges from competitors but maintains competitive advantages like its brand name, customer service reputation, and wide product range that could help it overcome problems.
This document discusses Toys "R" Us' expansion into the Japanese toy market. Some key points:
- Toys "R" Us is a major American toy retailer looking to establish itself in Japan.
- When entering Japan, it had advantages like Japan's growing consumer base and need for toys/rewards in strict education system.
- Toys "R" Us tailored its product mix and relationships to meet local customer needs and demands, gaining market share.
- It faces challenges from competitors but maintains competitive advantages like its brand name, customer service reputation, and wide product range that could help it overcome problems.
This document discusses Toys "R" Us' expansion into the Japanese toy market. Some key points:
- Toys "R" Us is a major American toy retailer looking to establish itself in Japan.
- When entering Japan, it had advantages like Japan's growing consumer base and need for toys/rewards in strict education system.
- Toys "R" Us tailored its product mix and relationships to meet local customer needs and demands, gaining market share.
- It faces challenges from competitors but maintains competitive advantages like its brand name, customer service reputation, and wide product range that could help it overcome problems.
Subject- International Business- Case study assignment
Toys "R" Us Japan One of the top toy companies, TOY "R" US, is attempting to establish a name for i tself in the industry. The name of one of the best toy stores is Toy R. As the years went by, the organisation underwent various corporate changes. A business started selling toys online. The companion of Toy R also changes over time. Also discussed is the entry of an American shop into the Japanese market. The procedures and organisational development of Toys "R" Us began with its top toy store in the United States and continued with its internatio nal activities and entry into Japan. The majority of retailers are aware that production costs cannot be changed, but suppliers do get special treatment, such allowing store owners to return unsold goods or giving them free display items for storefronts. It's possible that more re tailers may buy things directly from manufacturers. It was a wise decision for TO YS "R" US to join the Japanese market. They are the market leader not only in the US but also in Japan. The cost of shipping has gone up, which is just one of the re asons why Japanese consumers have historically paid more for goods. When choosing to expand into Japan, TOYS "R" US had two advantages. First, Japan's start charge was declining, giving parents and grandparents more ti me and money to spend on toys for their grandchildren. Given the strictness of Japanese education, parents would be best served by rew arding their children with gifts. Toys "R" Us tailored their product mix to satisfy the needs of their local customer s in order to maximise customer satisfaction and increase market stocks. Additionally, TOYS "R" US maintains strong relationships with its local manufactu rers, distributors, and whole sellers. They put a lot of effort into meeting 95% of customer demands, which is why the y maintain shares and provider to meet their dreams TOYS "R" US takes great pride in its capacity to make bulk purchases from produ cers and offer discounts to clients. The company is struggling to stay in the market due to several problems with co mpetitors. However, with the right application of their competitive advantage, th e firm can overcome these problems. The company has an unfair advantage agai nst businesses and merchants. The company's reputation name is one ruthless a dvantage. The company is renowned as one of the wellorganized toy retailers in the industry. People have a good perception of the company and the various pro ducts it offers. Due to cultural differences between Japanese and US culture, FDI in innovation, capital, and labour does not succeed in Japan, and stock prices an d speculation both continue to rise. They have no trouble imagining things. The organisation is having a number of issues with competitors, and its chances of remaining in business are slim. However, with proper utilisation of the compe titive advantage they have, the organisation can recover from such issues. The organisation has a competitive advantage over retailers and the business. One competitive advantage of the organisation is its brand name. The company i s known as one of the most well-organized toy stores in the industry. Individuals effectively perceive the organisation as well as the various products it offers. FDI speculation expands in Japan, and stock prices begin to rise. FDI in inn ovation, capital, and labour does not work because of cultural differences betwe en Japan and the United States. They can think about it without much difficulty. Another advantage the organisation has is its image with customers. The compa ny is known as a one stop shop that provides exceptional customer service. This is demonstrated by the frequency with which customers return to the organ ization's store and other advertising settings. Another advantage of the organisa tion is its expanding setting of advertising their products. Finally, one advantage of the organisation is the wide range of projects in which involved.