SWOT Analysis - Grocery

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 12

SWOT analysis:

Strengths:

 We offer multiple category of product line and wide range of variety.


 We have enough source to supply
 We offer at friendly environment
 Children corner are available with multiple amusement items.
 Home delivery
 Skilled and committed employee
 Every kinds of consumer items in a floor

Weakness:

 Many alternative exists


 Comparatively high cost
 The promotional deals which did not connect with the shoppers
 Many advertising campaigns which resulted in confusing customers
 Products are little bit overpriced as compared to other supermarkets

Opportunities:

 Unavailability of super shop


 New generation habituated to purchase anything from super shop rather from usual bazaar
 Change in lifestyle
 Increase number of outlets in potential areas
 Changing pricing strategy which may attract price sensitive customers
 New promotional deals which connects with the consumers
 Innovation in Supply Chain Technology

Threats:

 Political Instability
 Financial instability
 Transpo problem
 Power shortage that increase cost
 Low priced competitors like Walmart; forced many chains to downsize
 Weak economy affects the sales tremendously
 Intense competitions from the existing competitors
 Because of recession customers migrated to Walmart in great numbers
Grocery Store SWOT Analysis

Executive Summary

SWOT Analysis

Grocery Store is the second biggest venture chain worldwide and is well-known not just because of its
menu or taste but likewise because of their remarkable services and effective shipment. There are
around 13800 outlets of Grocery Store worldwide having sales earnings of 2.47 billion even if of they
have various franchise globally.

Usp (Unique Selling Propositions)

Any special benefits or additional services are consisted of in distinct selling proposals. The Grocery
Store distinct selling proposition is "get food provided in thirty minutes otherwise free venture".

Target Market

Grocery Store targets young generation, millennial (generation Y), kids and likewise low middle class
people.

Positioning

The company has placed its image in the minds of customers of" Quick shipment services" through
which they can beat and beat their competitions.

Tagline And Slogan: It's What we Do.

Swot Analysis Of Grocery Store


SWOT ANALYSIS is a primary phase technique to examine business's methods and Strategies. Perhaps, it
remains in the type of windows where two parts are related with the internal environment and two
components are related with external environment.

Marketing Environment

Micro-Environment

Grocery Store has divided its marketing environment into two segments. The very first segment includes
leading management and organizing structure, operations management, purchases of raw material and
properties, monetary analysis, accounting book keeping and research study advancement. Grocery Store
always deal with these factors of micro to capitalize the strong position of their brands.

Macro-Environment

It consists of all the external forces and threats/opportunities which impact the organization positively
and unfavorably. The company macro marketing technique factors includes political, cultural, social,
technological, ecological and demographical modifications. The Grocery Store have actually established
in those country who have effectively controlled overs it external factors like United States, China and
Canada.

Strengths
Strengths SWOT Analysis1.Quality Meals & Product Innovation

Grocery Store is a fast-growing company and has constantly valued their consumers by providing them
quality meals. These corporation are likewise customized and there are ranges of Grocery Store tastes
offered by Grocery Store. In the last 50 years they have produced different types of Grocery Store like
hand-tossed corporation, potato wedges, cheesy-garlic breads and parmesan bread.

2.Reliable Suppliers

The providers of Grocery Store are credible and reliable. They provide the raw products and ingredients
to them on time which secures the supply chain management procedure.
3.Strong Captured Marketing& Promotional Advertisement

They have recorded the minds of its customers through their psychological and strong message
advertisements. Like Mother's day ad of Grocery Store providing a message to enjoy you moms and
dads no matter what is emotional strategy of Grocery Store.

4.Quick & Fast Delivery System

Grocery Store is very popular for its fast shipment. They offer delivery in 30 minutes exactly, if the client
will not get it within 30 minutes then they will offer "totally free corporation". They never ever get late.

5.Pricing Range

All of Grocery Store products are provided to clients in reasonable and cost effective rates. The
customers can get different sizes and deals of the company of different flavors.

6.Internal Dough Manufacturing

The company is producing its organization dough own without hiring any suppliers. That's why their
Grocery Store dough are various from its competitors and lots of other junk food restaurants. They are
using vertical combination through which their products are produced at high quality. That's why it has
actually ended up being secret active ingredient for Grocery Store.

7.Customer Services

Social media managers of Grocery Store offer 24/7 help on their sites and social media platforms
through which they communicate with customers. It likewise develop a good relationship among the
customers and the franchisees.
8.Strong Brand Equity

Every customer of Grocery Store recognized it through its valuable services which is making strong
brand equity. Whereas, Grocery Store just produce quality products and supply 30-minutes quick
shipments due to which they have strong brand image. This is the factors that the company has lots of
faithful clients.

9.Highly Skilled Employees

Grocery Store company has made sure training and advancement programs for its employees to
enhance their competencies. Since of its non-monetary (employee of the months) and financial
advantages (rewards and increments) the business has keep the worker's motivation towards their
work. The learning programs help the organization to increase their performances and improve their
skills.

10.Strong Distribution Network

Grocery Store have preserved its distribution network which is the most vital strength, now they have
expand their distributions in every corner of the world to keep its possible market worldwide.

11.Proven Business Model

The business model of Grocery Store is developed according to the Cost effective shop design. Thus,
their business model includes all the operations which are kept in previous 50 years that includes
profits, fees, supply chain and operations, incomes, methods and functions.

12.Investment In Technology & Innovation


Innovation and developments also impacts the org dining establishments. Grocery Store have actually
merged with other technological companies. Various, platform like Google, Facebook, APPLE watch are
used to place an orders. Digital ordering systems increased more than 50% sales of its business.

13.Goods Return On Capital Expenditure

The more financial investments Grocery Store has actually made on their product or services, producing
amazing franchisees/stores and investing on its worker trainings has return high revenue streams in
previous years.

WEAKNESSES
1. Low Number Of Outlets

Weaknesses SWOT AnalysisGrocery Store have high variety of franchisees for order taking however
there are no correct dine-in restaurants of Grocery Store everywhere.

2. Franchise Related Issue

Grocery Store is dealing with issues because of dis-loyalty of its franchise workers. As there are number
of franchise and it ends up being tough to manage each employee who cheats.

3.Operational Difficulties

As the franchisees lie in every corner of the city, it ends up being extremely tough for Grocery Store to
deal with its operations.

4. Need Of High Technology

The company visions not meet the technology they are utilizing now. Thus, they require to invest more
in their technologies to standout in competitive market.

5.Net Income

Grocery Store have evaluated that their net incomes are not matching to its really financial estimations
and forecasts. The company needs to deal with its sales to increase its net effectiveness and earnings.
OPPORTUNITIES
1. New Environment Policies

OPPORTUNITIES SWOT AnalysisThe brand-new environment policies can develop terrific


OPPORTUNITIES for Grocery Store. With the smooth environment policies they can acquire more take
advantage of technology.

2.Low-Calorie Menu

If Grocery Store will add low-calorie meals in their menu, it will increase the clients. They can utilize low-
fat items and less starch to make their items low calories meals.

3.Grocery Store

Grocery Store has expanded its market internationally. There are more than 85 countries according to
statistical data having Grocery Store outlets and franchisees. They prepare nearly 1.5 billion venture on
daily basis for a number of outlets.

4.Demographic Changes

The middle class clients can likewise manage Grocery Store. They have segmented their market
according to demographical division.

5. Population Of Asian Countries

Nations like India, Pakistan and China have high needs for Grocery Store. They admired the quality of
their tastes and spices they utilized. They enjoyed their hand made corp and the components they use
like cheese and meatballs.

6. New Preferences In Grocery Store

Grocery Store can include more tastes in their organization, they can include flat business along with
there are numerous fans of those type of pieces. Also it will benefit Grocery Store to add LAVA cakes
due to the fact that its competitors like Grocery Store have it.

7.Changes In Economic

As we know that economic conditions have actually been improved internationally. The clients are
having high purchasing powers due to the fact that the ratio of employment in Asian and Europe
countries are high. The amazing factor of Grocery Store is that it can not be impacted by the purchasing
powers of clients. If the federal government will implement taxes the rates will become more expensive.
Now a days, Grocery Store costs are steady according to the economic policies of different nations.

8.New Trends In The Consumer Behaviours


Because of the new trends in the client habits it has open different OPPORTUNITIES. They use cognitive
advertisements to alter the decision making process of the consumers.

9. Lower Inflation Rate

In some nations the inflation rates are low. This helps the business to control their expenses and rates.

THREATS
1. Direct And Indirect Competition

THREATS SWOT AnalysisGrocery Store have THREATS of competitors. Its direction competitors there
includes only business making sectors where as in-direct competitors consists of multiple fast-food
chains.

2. Grocery Store Main Competitive Advantage Over Grocery Store Is Dine-In Facility

Grocery Store have dine-in areas in Middle East, Europe and Asian countries. Whereas, Grocery Store
have little counters and in some places there no counters at all.

3. Regulated Pressures

Each year the government executes brand-new laws and policies.

• Grocery Store has actually faced regulated pressures in offering wages to their employees and
workers.

• There are 13800 outlets, and their license are restore on annual basis according to the laws and
regulations of the federal governments authorities who made these execution.

4. High Cost

Grocery Store current operations and productions includes many functions which are costly. They do not
have any evaluations or methods to control their costs. The labor expense and basic material cost is
increasing day by day. They can work on cost-minimizing strategies to avoid this hazard.

5.Lack Of Long Term Contracts With Suppliers

The Grocery Store providers supply raw products like veggies and meats. This can be a severe THREATS
to business that can impact its production.

6.Health Awareness And Consciousness Trends


Now a days, individuals prefer healthy and homemade food rather than junk-food. The health
consciousness among the customers can direct result the sales of the company.

TOWS MATRIX

So- Strengths And Opportunities

( Utilizing strengths to capitalize the OPPORTUNITIES in the market).

TOWS MATRIX SWOT Analysis

Brand Image, Equiry & Loyalty

The business has a support of its consumers because of the brand name image. A business can develops
its brand image by developing a dine-in restaurants as they can believe how fantastic moments they had
in your restaurant. It can develop a strong brand name image.

Parnership With Asian Countries

India, Pakistan and China are the leading countries of Asian who are strong partners of Grocery Store.

China As A Lucrative Market.

Grocery Store has successfully build the collaboration with all the Chinese brand names and dining
establishments. It will help them globally.

Supply Chain Systems

The supply chain supervisors should be hired for each locations so that they can check out the
operational activities in the franchisees.

Technological Capabilities

To support the young youth, the company should be advanced in the technology. And likewise focus
how they can attracts the regional individuals in the market.

Wo-Weaknesses And Opportunities

( The business can lessen its WEAKNESSES if it will utilize OPPORTUNITIES correctly).

Code Of Conduct
There need to be rules and policies in the franchisees to manage the unethical habits of the employees.

Using Different Stores Models

There should be increase in the number of shops of Grocery Store in the less permeated markets.

Use Of Internal Supply Chains

There must be an operations manager present in the franchisees to control the operational activities
right away.

St- Strengths And THREATS

( The Company can optimize making use of the strengths to prevent the THREATS).

Focus On Marketing

The company must focused on the advertising, promotions and marketing of the item. The company
must use 4 Pcs of marketing, Making item ingenious according to the client's options is Item factor.
Increasing numbers of advertising advertisements associated with its product functions and brand
equity is Promotion element. Increasing its wholesalers, sellers and providers at maximum level is
Location aspect and offering discount rate coupons can be included in Rate Factors.

Reduce Cost

Grocery Store determine that the cost which is happened is high and the earnings create is low as
compare to its financial investment. So the business needs to make strategic plans for long term to
decrease their raw materials and labors cost.

Low Calories Meals

The company ought to start producing low calories meals and make their items healthier as well so the
clients who are on regular diets will feel pleased.

Compliances

You would find this resource actually helpful.

If a company want to avoid the risk of regulative pressures so it need to concentrate on its compliances.

• Openness- the Grocery Store Company shows openness to the government.

• Policies- the Company carefully follows the government, economic and environment policies.

• Laws- Laws are ready according to the place.


• Guidelines- they have actually set terms & conditions on their website.

• Standards- they have maintain high standards in the quality of the food.

Wt-Weaknesses And Threats

( Minimize the WEAKNESSES to prevent THREATS).

Increase The Number Of Stores

If the business will increase its numbers of shops then it can prevent its various THREATS like
competitive pressures. For that reason, there are a number of types of competitive pressures.

Substitute

The alternative product or services available can be a threats for a business. If a brand-new entrant in
the market will produce dairy-free corp so the client will select that product.

Limitations Of SWOT Analysis For Grocery Store

• The strengths or WEAKNESSES and abilities can be same at the time. It depends upon the present
events or scenarios that can happen at that time. For instance; if a Grocery Store will offer fast delivery
in any nation then it can likewise end up being a weak point, like if there is city shutdown, bad weather
condition circumstances or strikes then it can become a weak point as well.

• SWOT will not help the company to highlight its competitive advantages because its only provides the
information of business situation around the business but it does not help to choose alternatives to
conquer the WEAKNESSES and THREATS.

• It only offer structure of techniques but it never guides a business how to create those methods into
functional techniques.

• The SWOT analysis only adds the viewpoints that can be thought about by the companies executers
and marketing supervisors but avoids the implement plan making procedure.

Limitation Of Weighted SWOT Analysis Of Grocery Store

The Grocery Store Business have completely concentrated on the private impact of element rather than
considering all the impacts of all the factors collectively is its limitation.

RECOMMENDATIONS

One of the best resources concerning this subject is talked about here.

The Grocery Store must provide some discount coupons and discount rate coupons to their
https://www.sciencedirect.com/. This will help them to maintain its great relation with their faithful
customers and helps a business to avoid declining in sales. The Grocery Store can enhance their online
ordering systems by including more user-friendly functions to their websites and Facebook.

The Grocery Store has actually faced difficulties in the year 2007 because of the needs of their items
were decreased. Grocery Store does not have attractive advertisements. Grocery Store should make
investments on the marketing and advertisements to produce awareness of the product or services. If
they will value their clients and supply them special offers, it can set a strong clients base. The company
must focused on the customers-level strategies to look for attention of the customers. They can likewise
improve their delivering methods in different ways. The customer's vision will be clear if the Grocery
Store will supply them awareness of their items. It will help to increase the marketplace share and can
be a reason of success. If the business will do market research to understand what the clients exactly
want from them, which can be add in their menu, how they can improve their services and qualities and
what changes they need to make in their customer cares. Overall experience of clients can produces
positive impacts on the business.

Conclusion

Now Grocery Store has maintain the clients' needs and requirements and supplying much healthier
options to their clients. Grocery Store is an international business which is expanded due to the fact that
of its high numbers of strengths. Due to the strong brand equity the Grocery Store has constructed in
previous years of supplying quality items and amazing services is constantly pushing the business to stay
strong and hold an excellent position and track record in the market.

You might also like