Chessex Toys SWOT Analysis, USP & Competitors

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SWOT Analysis of Chessex Toys with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

Chessex Toys

Parent Company

Chessex Manufacturing

Category

Toy Brands & Manufacturers

Sector

Media and Entertainment

Tagline/ Slogan

The coolest dice on the planet

USP

Dice and dice holders

STP

Segment

Children and Adults

Target Group

All age groups

Positioning

For lovers of Chess and dice collectors

SWOT Analysis

Strengths

1.Strong focus and specialization on dice with novel designs and dice holders

2.Specialized in contents for role-playing games

3.Sale of 2nd hand mats at a discount  helps them save costs

4. Capability to create different types of mats for different games

Weaknesses

1.The website is not updated and there is no option to order through an online gateway

2.Lack of presence in major stores

3. Lack of brand awareness

Opportunities

1.To move into the personalized mat games creation space

2.To move into the personalized gift space by exploiting its unique capability to produce upto 100-sided dices

3.To build a strong brand awareness in the dice and role-playing games space

Threats

1.Electronic games on devices like the i-pad are replacing mat-based games

2.Action figures are turning into collectibles which means the demand for the figure boxes will fall

3.The company is lagging in bringing out new games and is lagging behind their competition

Competition

Competitors

1. Hasbro

2. Toys R Us


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