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Swot Analysis New Format
Swot Analysis New Format
Strengths
Good fit to customer’s needs. – we will offer Spray Pen and Mist Sprayer with
Silicon sleeve and Carabineer that solves an important problem and does so with
Easy-to-use products - easily able to use our product, there will be less need for
High quality products – our product has the capacity to meet consumer needs
(wants) and gives customer satisfaction, making them free from any deficiencies
or defects.
Weaknesses
Imitative product design. - We will enter a crowded market that is full of visible or
innovative competitors.
No distinct product features. – there are no big distinct differences between our
Seen as a product follower. - selling the same product as others, but with very
subtle difference.
Opportunities
our product alone. Instead, we need to promote our brand, our voice and our
values.
Possible product failures. – The possible inability of a product to achieve the
Price
Strengths
Affordable – we will offer a price that is low enough that our customer (or most
Targeting price inelastic markets. – if there will be a change in price does not
Weaknesses
High cost of capital. - A high weighted average cost of capital, is typically a signal
Opportunities
Threats
Competitors with a lower price - selecting strategic price points to best take
Limited profit levels. - having low price, as profits and sales are limited by intense
competition.
Place
Strengths
Attractive store design/layout. - An Effective Design makes navigation easy for
customers.
target customers are located in Pasig area, they will be pleased because it is
near to where they are, or they can reach our place quickly and easily.
Weaknesses
Limited sales area coverage. – Our geographical area is limited as our sales
are coverage.
customer is limited.
Opportunities
Broaden our geographic reach. (Outside of Pasig area) – as the time goes by, we
Threats
Spray Pen and Mist Sprayer with Silicon sleeve and Carabineer are a good
Promotion
Strengths
We will gather everyone’s opinions, first impression and comments to our product
business.
Lots of social media likes/followers. - Our main benefit of having lots of social
followers on social media is that it makes our brand or business look more
Weaknesses
Low brand awareness. – we are selling online and new to business so most
Limited market appeal. - Our geographical area is limited as our coverage market
Opportunities
Expand our use of social media platforms. – aside from Facebook, we will also
can inform our brands on growing trends and provide opinions on our products,
and brands can source new ideas. Building long-term relationships with
Threats
Online fraud. (Bogus buyers) – Online fraud and bogus buyers are everywhere.
help us to increase brand awareness. But since we are new in the market, we
TABLE
Competitors SWOT Analysis
Marketin Strengths Weaknesses Opportunities Threats
g Mix
(4P’s)
Product Good fit to Imitative Extend Loss of
customer’s product our unique
needs. design. brand product
Easy-to- No into new feature.
use distinct areas Possible
products product (brand product
High features. extensio failures.
quality Seen as n outside
products a Pasig
product Area).
follower.
Price Affordable High Under- Competitors
Competitive cost of price in with a lower
Targeting capital. order to price
price attack Limited
inelastic competit profit levels.
markets. or.
Place Attractive Limited Broaden Increased
store sales our number of
design/lay area geograp competitors.
out. coverage hic
Highly . reach.
convenient Difficult (Outside
locations. to of Pasig
generate area)
publicity.
Promoti High Low Expand Online
on ratings on brand our use fraud.
review awarene of social (Bogus
websites. ss. media buyers)
Lots of Limited platforms Changes in
social market . the taste or
media appeal. Develop needs of
likes/follow relations your
ers. hips with markets.
online Limited
“influenc success in
ers”. creating
engaging
content
Product
Strengths
Good fit to customer’s needs. – we will offer Spray Pen and Mist Sprayer with
Silicon sleeve and Carabineer that solves an important problem and does so with
Easy-to-use products - easily able to use our product, there will be less need for
High quality products – our product has the capacity to meet consumer needs
(wants) and gives customer satisfaction, making them free from any deficiencies
or defects.
Weaknesses
Imitative product design. - We will enter a crowded market that is full of visible or
innovative competitors.
No distinct product features. – there are no big distinct differences between our
Seen as a product follower. - selling the same product as others, but with very
subtle difference.
Opportunities
Loss of unique product feature. – we will struggle to win customers by promoting
our product alone. Instead, we need to promote our brand, our voice and our
values.
Price
Strengths
Affordable – we will offer a price that is low enough that our customer (or most
Targeting price inelastic markets. – if there will be a change in price does not
Weaknesses
High cost of capital. - A high weighted average cost of capital, is typically a signal
Opportunities
Threats
Competitors with a lower price - selecting strategic price points to best take
Limited profit levels. - having low price, as profits and sales are limited by intense
competition.
Place
Strengths
customers.
target customers are located in Pasig area, they will be pleased because it is
near to where they are, or they can reach our place quickly and easily.
Weaknesses
Limited sales area coverage. – Our geographical area is limited as our sales
are coverage.
customer is limited.
Opportunities
Broaden our geographic reach. (Outside of Pasig area) – as the time goes by, we
Threats
Spray Pen and Mist Sprayer with Silicon sleeve and Carabineer are a good
Promotion
Strengths
We will gather everyone’s opinions, first impression and comments to our product
and ways of selling it for improvements both to us as a seller and to our
business.
Lots of social media likes/followers. - Our main benefit of having lots of social
followers on social media is that it makes our brand or business look more
Weaknesses
Low brand awareness. – we are selling online and new to business so most
Limited market appeal. - Our geographical area is limited as our coverage market
Opportunities
Expand our use of social media platforms. – aside from Facebook, we will also
can inform our brands on growing trends and provide opinions on our products,
and brands can source new ideas. Building long-term relationships with
Threats
Online fraud. (Bogus buyers) – Online fraud and bogus buyers are everywhere.
help us to increase brand awareness. But since we are new in the market, we