Stitchwheel: A Female Entrepreneur's Hobby Turned into a Successful Business, but Is It Sustainable?
Case
-
Reference no.
W35577

Subject category:
Marketing
Published by:
Ivey Publishing
Version: 2023-02-07
Length: 15 pages
Data source: Field research
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https://casecent.re/p/194423
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Abstract
This is a Simplified Chinese version. Since its beginning in 2021, Stitchwheel LLC (Stitchwheel), a needlepoint canvas painting service, had seen immediate success. From the company's inception, the co-founder of Stitchwheel had been assessing the advantages and disadvantages of an expansion strategy and wondered what barriers she might encounter. She was also assessing the viability to expand beyond painted needlepoint canvases to achieve substantial growth. Within a short time frame, the company had enjoyed strong brand recognition and offered a meaningful unique selling proposition, but there were still many questions about the company's next steps, including which growth strategy would be most suitable. Did the company have the necessary resources and skilled management team to adequately monitor and support growth? What marketing and operational issues was the company likely to encounter with expansion?
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Location:
Size:
Small
Other setting(s):
2022
About
Abstract
This is a Simplified Chinese version. Since its beginning in 2021, Stitchwheel LLC (Stitchwheel), a needlepoint canvas painting service, had seen immediate success. From the company's inception, the co-founder of Stitchwheel had been assessing the advantages and disadvantages of an expansion strategy and wondered what barriers she might encounter. She was also assessing the viability to expand beyond painted needlepoint canvases to achieve substantial growth. Within a short time frame, the company had enjoyed strong brand recognition and offered a meaningful unique selling proposition, but there were still many questions about the company's next steps, including which growth strategy would be most suitable. Did the company have the necessary resources and skilled management team to adequately monitor and support growth? What marketing and operational issues was the company likely to encounter with expansion?
Teaching and learning
This item is suitable for undergraduate and postgraduate courses.Settings
Location:
Size:
Small
Other setting(s):
2022