Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Whirlpool analyses the brand by its strengths, weaknesses, opportunities & threats. In Whirlpool SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Whirlpool to benchmark its business & performance as compared to the competitors. Whirlpool is one of the leading brands in the consumer electronics sector.
The table below lists the Whirlpool SWOT (Strengths, Weaknesses, Opportunities, Threats), top Whirlpool competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Every Home… Everywhere… with Pride, Passion and Performance
Produces energy efficient appliances
Major appliances like dishwashers, microwaves, refrigeration & small appliances like vacuum cleaners, air treatment products etc
Middle and upper class segments
Mid priced in the premium segment
SWOT Analysis of Whirlpool
Below are the Strengths in the SWOT Analysis of Whirlpool:
1. World’s largest major appliances maker by revenue 2. Focus on identifying unique consumer insights and designing high-quality products 3. It has 59 manufacturing and technology research centers around the world. 4. Caters to different markets and this diversity helps cope up downturn in one region. Eg: Weak industry in India led to limited sales decline while increase seen in North America.
5. It has established a strong profile in North America and Latin America
6. The company has popular TVCs and print ad campaigns
Here are the weaknesses in the Whirlpool SWOT Analysis:
1.Remains a relatively modest player in Asia. 2.Over dependence on North American region. (Nearly half of its net sales in value was still derived from the North American region)
3. Being present in the major appliances sector exposes Whirlpool to low margins and significant operational risk.
Following are the Opportunities in Whirlpool SWOT Analysis:
1.Recovery in the US housing market giving rise to increased consumption of appliances. 2.Improving demand for these products internationally 3. Opportunity in India due to predicted growth in CAGR in consumer appliances.
The threats in the SWOT Analysis of Whirlpool are as mentioned:
1.Decreasing operating profit margin and net profit margin over the past 3 years. 2.Slower growth in major markets like US and Europe. 3.Competition from low cost Asian manufacturers.
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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