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Strategy Using Swot - Juice Bark
Strategy Using Swot - Juice Bark
Strengths-Weaknesses-Opportunities-Threats Matrix
Strengths Weaknesses
S1 This brand introduces yummy, healthy, W1 Market competitors might have a larger
and affordable juices for furbabies. variety of products
S2 Juices are prepared from fresh and locally W2 Packaging and exportation procedure, shelf
grown ingredients from the Yaoya of life, and distribution channel
Japan
W3 Brand and business concepts are new and
S4 Fruit wastes from the juice pro duction not yet establish
could be used as fertilizer
W4 Language barrier
S5 Additional healthy fruits flavors / fusion of
flavors.
O1 In fiscal year 2021, the pet-related retail SO-1 Offer best introductory price (S1, S2. S3, SO-1 Offer best introductory price (S1, S2. S3,
market in Japan was forecasted to exceed 1.6 S5, S6, O1, O2,O3) S5, S6, O1, O2,O3)
trillion Japanese yen
SO-2 Onsite launching (S1, S2. S3, S4, S5, S6, SO-2 Onsite launching S1, S2. S3, S4, S5, S6,
O2 Due to Covid-19, majority of the population O1, O3, O4, O5) O1, O2,O3, O5)
sticking close to home during Japan’s state of
emergency, pets got more attention than usual SO-3 Engaged in Traditional media - tri-media SO-3 Engaged in Traditional media - tri-media
from their stressed-out pet parents. campaign (S1, S3, S4, S5, S6, O1, O2, campaign,
O3, O4, O5)
O3 Caring for a dog or cat is an effective health SO-4 Develop an interactive website
promotion strategy to increase physical SO-4 Develop an interactive website
activity and facilitate social participation SO-5 Create social media account
among older adults. SO-5 Create social media account
SO-6 Engage with social media influencers to
O4 Availability of technology in terms of SO-6 Engage with social media influencers to make building brand awareness easier
marketing and awareness. make building brand awareness easier
T1 The trend of homemade juice has increased SO-1 Offer best introductory price (S1, S2. S3, SO-1 Offer best introductory price (S1, S2. S3,
among the people and they prefer to make S5, S6, O1, O2,O3) S5, S6, O1, O2,O3)
juices for their furbabies at home.
SO-2 Onsite launching S1, S2. S3, S4, S5, S6, SO-2 Onsite launching S1, S2. S3, S4, S5, S6,
T2 Covid-19 economic downfall - There are costs O1, O2,O3, O5) O1, O2,O3, O5)
associated with pets that go far beyond the
basic food, bedding and chew toys. ((Macro) SO-3 Engaged in Traditional media - tri-media SO-3 Engaged in Traditional media - tri-media
campaign, campaign,
T3 More variety of kinds of drinks for pets from a
more established company and brand offered SO-4 Develop an interactive website SO-4 Develop an interactive website
the local competitors in Japan.
SO-5 Create social media account SO-5 Create social media account
SO-6 Engage with social media influencers to SO-6 Engage with social media influencers to
make building brand awareness easier make building brand awareness easier
SO-8 Create Holidays and season promotional SO-8 Create Holidays and season promotional
package - calendar package - calendar
SO-9 Conduct online survey on flavors / other SO-9 Conduct online survey on flavors / other
related products related products