SWOT Analysis of Buddy L with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Toy Brands and Manufacturers
Media and Entertainment
Toys for boys
Durable toys made of steel
Tough and durable toy cars
Young boys from the middle class
Toys for boys which are good in quality
1. Durable and sturdy toys for the children 2. Some toys were large enough for children to straddle 3. Some toys were manufactured as pull toys 4. Sold unique toys like toy cars, dump trucks, delivery vans, fire engines, construction equipment, and trains
5. There is a museum exclusively for old Buddy L toys
1.Small target audience means limited market share and less brand recall 2.Product line is not well diversified 3.Price will fluctuate along with steel prices
1.Diversify into other types of cars 2. Use alternatives like polycarbon whose price will have less chance of varying 3.More museums can be opened up
1.Battery chargers of the toys presented fire and injury hazards to kids 2.Other similar toy making companies 3.Outdoor games
1. Lionel 2. Skaneateles Handicrafters 3. Paul K Guillow company
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