Chivas Regal SWOT Analysis, USP & Competitors

Posted in Food & Beverages, Total Reads: 2855
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SWOT Analysis of Chivas Regal with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

Chivas Regal

Parent Company

PernodRicard

Category

Beverages

Sector

Food and Beverages

Tagline/ Slogan

Live with Chivalry

USP

It is the market-leading Scotch whisky aged 12 years and above in Europe and Asia Pacific.

STP

Segment

Premium scotch drinkers

Target Group

Successful upper middle class & upper class individuals

Positioning

Chivas Regal reminds people that there were elements of living one's life besides personal advancement such as enjoying friends' company or celebrating the success of others.

SWOT Analysis

Strengths

1. Global presence. Brands in over 70 countries.
2. Chivas Regal whiskies are blended in a distinctive house style of a mellow, honeyed flavour. This gives it a unique taste.

3. Bottle recognition & different dispensing instruments.
4. Sponsorships- It sponsored many music concerts, lifestyle event in Asia & many more

5. Excellent advertising and top of the mind brand recall

Weaknesses

1. Brand protection is costly as many fake products with its name affects sales and brands

2. Competition from other premium brands mean limited market share

Opportunities

1.PernodRicard is set to change the 1.75-litre package format for its Chivas Regal 12 Year Old in the US. This decision is based on the consumer feedback. This move is likely to improve the brand image.

2.The global distribution network & the rich experience of operating since years should help the brand to expand in more countries.
3.Chivas Regal whiskies have performed well at international Spirit ratings competitions. Its 3 varients namely Chivas Regal 12 Year Old, 18 Year Old & 25 Year Old have individually won many accolades individually. This has improved the brand image.

Threats

1. Certain advertising campaigns such as "Annual bonus: Having more friends than you had last year" have received criticism from people resulting in lawsuits being filed against the company.
2.Competitors are increasing their market share in the U.S market.
3. There is a constant threat of dummy/fake brands in the market which are exploiting the brand name to increase their sales.

Competition

Competitors

1.Johnnie Walker
2. VAT 69



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