Tuesday, June 15, 2010

SWOT (situation analysis) WEAKNESSES

Weaknesses

· We are not the low-cost or low-price supplier in the market.

· Company name not recognized on a National level.

· We have a lack of marketing expertise.

· Competitors have superior access to distribution channels.

· We have recently focused on a diversification strategy which has a cost to implement.

· Middle priced- positioned in the middle, not the most expensive, but not the least.

· Lacking options of different flavours.

Opportunities

· New product expansion; look for low cost opportunities and ones that leverage our capabilities.

· Partnership with other businesses- growing the business by partnering on specific work.

· Growth potential of two new customers.

· Opportunity for growth under-represented geographic markets.

· Opportunity for growth in new locations.

· Cost of marketing is less in the digital age: capitalize on the lowered cost with a stronger program.

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