SWOT of Sasto Deal
SWOT of Sasto Deal
SWOT of Sasto Deal
The firm doesn’t seem to have much problems within the organization. However, some of the
problem that they are facing in the market are described below:
Strengths:
One of the market leader: SastoDeal holds a significant market share in Nepal's e-
commerce landscape, capitalizing on early entry and brand recognition.
Diverse product range: It offers a vast selection of products across various
categories, catering to a wide range of customer needs and preferences including
Indian Brands like Myntra.
Strong logistics network: SastoDeal has a great delivery network throughout
Nepal, ensuring efficient product reach even in remote areas.
Mobile-first approach: Since must of the Nepali users on the internet are phone
users, SastoDeal prioritizes its mobile app, providing a great user experience for
online shopping.
Weaknesses:
Opportunities:
Expanding beyond Nepal: SastoDeal can leverage its brand and expertise to enter
neighboring markets with similar e-commerce potential.
Building private label brands: Developing high-quality, own-brand products can
boost profit margins and customer loyalty.
Investing in technology: Upgrading its technological infrastructure can improve
operational efficiency, data analytics, and personalization.
Integrating AI with e commerce: Sastodeal can integrate AI to chat with customers
and ask their requirements, thus suggest products as per the need to the customers.
Threats:
Competition: Local and international players are entering the Nepali e-commerce
market, putting pressure on SastoDeal's market share.
Economic instability: Inflation and fluctuating currency rates can impact consumer
spending and SastoDeal's profitability.
Changing consumer preferences: Evolving customer expectations for
convenience, customization, and value could challenge SastoDeal's existing model.
Various solutions that can help Sastodeal to address the threats and weaknesses are: