Cooper W

JB HI-FI generates
Started in Keilor East,
about $8.92 billion a
Victoria in 1978
year

Intro
Its current CEO is Its current
Terry Smart, and he headquarters is
has been in office located in
since April 28th, 2021 Southbank, Victoria
 JB hi-fi has 302 stores all over
Australia and New Zealand

Expansion They are the parent company of

and Market the Good Guys
Share
Acquired 13 electronics stores in
New Zealand for $15.3 million in
2006
Start Up

•JB HI-FI started up in 1974 in Victoria by John Barbuto and he sold the
business in 1983 and then opened another 9 stores by 1999. This was all
because the business specialized in selling Music in the start of days.
Opportunities

1. Expand into the Asian

market e.g. India, Indo-
Malaya, etc. and even
China, Korea and Japan
the tech centres of the
world
2. Better price ranges that
the competitions
3. Higher stock in more
wanted items e.g. PS5s

Strengths
• They have a good track record of
product innovation
• A skilled workforce and is investing in
strengthening employees training and
development
• Good catalogue selection of items
• Well functioning website
• High day stock
SWOT Analysis
Weaknesses
• Need more investments in new
technologies
• The finical part of the planning is not
done properly and efficiently
• Unnecessary high stock which adds
extra costs on the company
• Low level of current assets compared
the level of liabilities
• High employee turnover rate with
more employees leaving than another
competitor
• They have a lack of legal experience
with the legal department employees
not qualified enough
Opportunities Threats
• Try expand into the Indians and • The fluctuating interest rates effect the
Southeast Asian markets economical and financial environment
• Better prices than the competition • The shortage of suppliers will lead to
• Inflation rates are projected to be low the prices for imported good will rise
for the next 2 years and this will cost • The rise of more competitors has
the company lower expenses for the increased taking sales away
next 2 years
• Try expand their presences on the
Internet because of today’s day and
age
• Trade barriers have been lowered for
imported good and this can help the
stock for items high in demand
 Political List issues related to tax, trade, and employment law, • Taxation and the rates

PESTLE regulations, and overall stability, all of which are likely

to impact your business’ activities.
• Level of corruption and the regulations surrounding the
retailing sector

Analysis Economic List factors such as inflation, growth, interest rates, and
the unemployment rate.
•
•
•
Inflation rates
The covid-19 pandemic let sales drop in their a operation
and even dropped by 14.6 percent recently in July last year
The exchange rate and the stability of the Australian dollar
• The economic system in Australia is a rather strong one and
has grown about 3.3% annually between 1992 and 2017
lead to higher profit value

Social List issues such as culture, education, and demographics

can influence the viability and development of your
products and services.
• This is one of the most loved brands along side bunning in
Australia
• They target young tech savvy Australians aged between 16-
29 since todays generation is too tech oriented

Technological List any technological developments, internet use and

government-sponsored research and development that
• Use online marketing e.g. social media and the internet to
reach more people and have an online store to sell products
should be examined in terms of any potential barriers on.
or advantages for the business.

Legal List factors that impact current and future legal

regulatory requirements of a product. These factors can
include laws around consumer protection, labor, health,
safety, taxes and trade regulation in the individual
countries where the product will be sold.

Environmental Include all factors that influence or are determined by

the surrounding environment. This aspect is most
important for industries such as tourism, farming and
agriculture
 http://fernfortuniversity.com/term-papers/sw
ot/nyse/6096-jb-hi-fi-limited.php
https://www.essay48.com/term-paper/1907-J
Bibliography b-Hi-Fi-Limited-Swot-Analysis
http://fernfortuniversity.com/term-papers/pes
tel/nyse4/6096-jb-hi-fi-limited.php
https://business.gov.au/planning/industry-info
rmation/retail-and-wholesale-trade-industry