SWOT ANALYSIS Flashcards

1
Q

What does SWOT stand for?

A

S - Strengths
W - Weaknesses
O - Opportunities
T - Threats

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2
Q

S - Strengths

A
  • What features of our brand are better than the competitors’?
  • What positive perceptions do consumers have of our brand?
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3
Q

W - Weaknesses

A
  • What’s better about the competitors’ brand?
  • What negative perceptions do consumers have of our brand?
  • What are we bad at?
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4
Q

O - Opportunities

A
  • What are the newest trends in the market?
  • Are there any developments in technology that will enhance the brand
    (i.e product development, distribution)?
  • How can I gain market share?
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5
Q

T - Threats

A
  • Are new regulations going to influence our brand?
  • Do the competitors have a unique
    selling proposition (i.e. patent or exclusive supplier, etc).
  • How could I lose market share
    Substitutes?
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