Published by MBA Skool Team, Last Updated: April 20, 2020
SWOT analysis of Nima Soap analyses the brand by its strengths, weaknesses, opportunities & threats. In Nima Soap 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 Nima Soap to benchmark its business & performance as compared to the competitors. Nima Soap is one of the leading brands in the FMCG sector.
The article below lists the Nima Soap SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Nima Soap SWOT Analysis:
For Nima Soap, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
Nima Soap Strengths
The strengths of Nima Soap looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Nima Soap :
1. Large varieties of Nima soaps– floral fragrance segments as Sandal, Rose, Jasmine sandal soap 2. Early penetration in to the market 3. Low priced 4. Backward integration
Nima Soap Weaknesses
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Nima Soap SWOT Analysis:
1.Difficult to maintain low cost due to raw material such as soda ash and lab 2.Intense soap segment means less growth of market share
Nima Soap Opportunities
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Nima Soap SWOT Analysis:
1.Acquisitions for strengthening its distribution tie-ups 2.Entry into premium segment 3. Tapping opportunities in rural segment and also global expansion
Nima Soap Threats
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Nima Soap are as mentioned:
1.MNCs coming to India toilet and soap industry 2.Emergence of small regional players
Nima Soap Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Nima Soap:
Provide the common man with a quality product at an affordable price
Nima Soap STP
All income groups
Mass market for middle class Indian women
Better Products, Better Value, Better Living
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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