SWOT Analysis of Suashish Diamonds with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Jewellery and diamonds
Lifestyle and Retail
One world, real Life and natural diamonds
Using latest technology and creating diamonds by bringing enthusiasm, beauty and goodwill in a customer’s mind
Catering domestic and international through network of subsidiaries and partnerships
High end retailers, subsidiaries and partners in Middle east Asia like China, Botswana
Expertise in their field of cutting, polishing and carving a diamond
1. The company is a sight holder of DTC UK and DTC Botswana and thus there’s a continuous supply of cutting and polishing diamonds to India and Botswana 2. Efficient use of resources 3. Bagged the prestigious award by as the second largest exported of Cut & Polished Diamonds 4. Good product line, excellent quality and hig variety
1. Less brand awareness since they are mostly dealing in B2B operations
2. Different type of political and economical problems being faced like the euro crisis affects operations
1. Huge growth in China, India, Middle east Asia since the purchasing power and the supply power both has increased rapidly 2.The company has huge scope of in penetrating in new and existing markets 3. Tie-ups and sponsorships of fashion events to enhance brand visibility
1. Volatility in gold and diamond prices 2. Increasing competition from US and European markets 3. The Euro zone impact and fluctuating economic scenarios
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