Strengths
As compared to the industry competitors of CIRQUE DE SOLEIL,
the company has been able to preserve their artistic tradition and promote
their talents and performances to international market. Having talented
employees are the major strength of the company against their competitors.
Hence, CIRQUE will have the assurance of gaining customer loyalty and have a
good reputation
.vast variety of staff available at all times
not controlled by budgetary constraints but motivated simply
by creativity
corporate sponsorships
strong history of successful shows
strong history of lucrative shows
tons of internal staff=creater control
Weaknesses
Entertainment industry today has been able to gain
competitive position in the business market. However, the problem with this
kind of business is that the emergence of competitors has immediate effect to
the performance. In line with However, the problem with this is that the
emergence of competitors has an effect to the performance of the company. In
line with CIRQUE DE SOLEIL, the company is facing some weaknesses, and one of
their weaknesses is in terms of their story. Accordingly, the intensity as well
as the beauty of the performances of the talents of Cirque overshadows any
other stories and some audiences may view this as nonsense ( 2008). this may
affect the competitive position of the company in the chinese market or any
international market. In addition, another weakness is their inability to
manage and promote their business in any other medium of advertisements
.dependant upon internal employees
human resource costs must be exponentially high
must re-invent certian aspects of the industry
only two visionaries control the company
must produce their own costumes
Opportunities
Since CIRQUE DE SOLEIL is not that familiar with the local
Chinese market, conceptualizations of the value propositions of their
performances and entertainment are highly in synch with the traditional culture
and entertainment in the Chinese market. In this regard, marketing approach come
relatively easier to CIRQUE DE SOLEIL management to enter Chinese market to
reach their target market easily. Such market situation should be taken
advantage by the management to gain competitive edge against other
entertainment industries, which are performing in China.
bisness
partners absorb production costs
business partners ofhen provide location to perform
large database of skilled employees thatcan be called upon
evry show has proven profitable over the long-term
Threats
In terms of the threats, one of the threats facing Cirque is
with regards to the expenses and the inability to provide enough financial
resources for each performance to be made within the specific market place.
Aside from these, the threat of the exiting entertainment company may also
affect the market entrants of Cirque at Chinese market.dependency upon partners
to finance shows
strong dependency on dancers
must acguire a long-term location for show
high cost to produce show
splits profits with financiers
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