SWOT Analysis of Hanes with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Hanes brands Inc
Apparel and Accessories
Lifestyle and Retail
Her Way , Go tag-less
Complete apparel wear
Lifestyle apparel and clothing
Urban upper and middle class men and women
Complete package for a family
1. The brand has established a niche for itself with effective ad campaigns like Her way and Go tag-less with concentrating on new themes every year. 2. The brand endorses a money back comfort guarantee which is a highlight. 3. The brand has ventured into many lines like outerwear which have succeeded in building the brand further. 4. The brand has good advertising and visibility
1. Though the brand has diversified into various forms of outer-wear it still depends heavily on innerwear especially hosiery garments for most of its revenues. 2. The brand has limited penetration in emerging economies
1. The brand can diversify further into various product lines thereby extending its brand portfolio. 2. The brand can concentrate on emerging markets like India and Africa which have an increasingly new market for brand conscious people. 3. The brand can also concentrate on green campaigns which are a need of the hour.
1.The high volatility in the apparel market which leads to minimal brand loyalty is a cause of concern. 2. With many lifestyle brands too entering the field of innerwear it poses a serious threat to the core product of the brand. 3. The duplicated products of the brands are available at cheap rates pose a significant challenge to the brand.
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