Heinen’s Fine Foods SWOT Analysis, USP & Competitors

Posted in Lifestyle and Retail, Total Reads: 789
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SWOT Analysis of Heinen’s Fine Foods with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

Heinen’s Fine Foods

Parent Company

Heinens, Inc.

Category

Supermarket Chain

Sector

Retail

Tagline/ Slogan

-

USP

The brand has been into existence since over 80 years

STP

Segment

Household purchases and quality conscious

Target Group

Middle and upper class and high quality

Positioning

Quality products at fair prices

SWOT Analysis

Strengths

1. Credible brand: Presence of more than 80 years
2. Effective network: 17 stores across working region
3. Saving schemes: Programs like weekly in-store savings, tasteful rewards saving, etc. are run to have high customer engagement
4. Unique Products: Products like Gourmet salmon burgers, Two brothers deli meats, etc. are store specialty

5. Good jobs that support balanced life: This increases employee satisfaction and thus increases operations efficiency

Weaknesses

1. Presence only in small region of the nation
2.The stores are much smaller than those of a larger chains, therefore the variety and availability of some products sometimes does not equal to that those of larger ones

3. No online purchase service

Opportunities

1. Service and product expansion
2. Innovation in supply chain technology
3. All its stores are located in a small regions, can expand its network in other regions of the nation

Threats

1. Intense competition from existing retailers
2. The discounting strategy at Wal-Mart remains the significant threat for smaller community market
3. External changes like changing tax policies, government regulations, etc

Competition

Competitors

1. Mariano’s
2. Whole Foods Market, Inc.
3. The Fresh Market, Inc.


The table above concludes the Heinen’s Fine Foods SWOT analysis along with its marketing strategy and brand parameters.

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