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Gillette - SWOT Analysis
Gillette - SWOT Analysis
STRENGTHS:
1. CONVICTION:
Due to it being the first company in the world to develop the
idea of ‘self-grooming’ way back in 1900’s itself, this brand got
remembered forever by the people around the world.
4. IMPORTANCE TO PROMOTION:
Gillette is one such company that gives importance to promoting
their products through innovative and humane advertisements
which is liked by its consumers.
WEAKNESSES:
1. HIGH COST:
Its products are fixed at a price where a common man who is
shrewd in nature, may not want to buy it and with the
emergence of similar products by the other competitors at a
much lower cost has affected its market position in recent times.
Local Indian products like Zlade has had an impact for it
market even in India too.
The following is an Indian customer’s review about how
ZLADE is a better and cheap alternative to GILLETTE
FUSION in Amazon.
2. AVAILABILITY:
Gillette products, due to its ‘rich-product’ tagline, has not only
made the products price range high, the availability is also
limited to big departmental stores and malls, making the
ordinary man think twice before spending for it.
THREATS:
1. INCREASE IN SUBSTITUTES:
With the world economy not favoring regimented type of
industry, paved the way for other potential players to enter into
all types of industry, resulting in competition. Emergence of
companies like Harry’s, Dollar Shave Club, Schick-Wilkinson
Sword in the international scenario has considerably brought
down Gillette’s market share.
- as of Nov,2016.
2. CULTURAL, TREND AND RELIGIOUS FACTORS
THAT PREVENT PEOPLE FROM SHAVING:
Culture and religion played spoilsport for Gillette especially in
countries of the Middle East and South-East Asian countries,
hurting its international business. The recent trend of ‘beard’
and hair growth has also dampened its market all over the world.
OPPORTUNITIES:
1. EMPHASIS ON PERSONAL HYGIENE:
As more people learn about the importance of personal hygiene,
the company may benefit for the fact that they provide the
products necessary. Gillette could profit tremendously as more
people become aware and educated on the importance of
personal hygiene.
2. EXPANSION:
Gillette has reached its peak in the shaving industry, so it can
benefit from its global brand image to venture into other
grooming and personal care segments, such as shower gels,
shampoos, toothpastes, deodorants, etc. This will help Gillette
broaden its horizons, and also have a positive effect on the brand
image.
References:
1. https://thesocialgrabber.com/marketing-strategy-and-swot-
analysis-of-gillette/
2. https://droiddame.wordpress.com/2016/06/27/swot-analysis-of-
gillette/
3. https://www.marketing91.com/swot-analysis-gillette/