Published by MBA Skool Team, Last Updated: August 16, 2021
SWOT analysis of Nirma Ltd analyses the brand by its strengths, weaknesses, opportunities & threats. In Nirma Ltd 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 Nirma Ltd to benchmark its business & performance as compared to the competitors. Nirma Ltd is one of the leading brands in the FMCG sector.
The article below lists the Nirma Ltd SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Nirma Ltd SWOT Analysis:
For Nirma Ltd, 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.
Nirma Ltd Strengths
The strengths of Nirma Ltd 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 Nirma Ltd :
1. Nirma has distribution at over 1 million retailers and approx 300 million consumers 2. Over 14000 employees work with Nirma 3. It has always practiced ‘value-for-money’ strategy targeting the huge Indian middle class market 4. Nirma purchased Searles Valley Minerals Inc., thus making it among the top Soda Ash manufacturer globally 5. Nirma has manufacturing facilities at 6 places in India 6. It has undertaken backward integration into manufacture of Industrial Products like Soda Ash, Fatty Acid, Glycerine, Sulphuric Acid etc
Nirma Ltd 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 Nirma Ltd SWOT Analysis:
1. Market share is limited due to presence of other strong FMCG brands 2. Nirma has limited international presence as compared to other leading FMCG companies
Nirma Ltd 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 Nirma Ltd SWOT Analysis:
1. Tap rural markets and increase penetration in urban areas 2.Mergers and acquisitions to strengthen the brand 3.Increasing purchasing power of people thereby increasing demand
Nirma Ltd 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 Nirma Ltd are as mentioned:
1. Intense and increasing competition amongst other FMCG companies 2.FDI in retail thereby allowing international brands 3. Competition from unbranded and local products
Nirma Ltd Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 7 competitors of Nirma Ltd:
Excellent distribution network across India tapping over 300 million consumers
Nirma Ltd STP
Products and services for daily needs
Every Indian household especially the middle class
Value for money products for a better living
Nirma Ltd Product Portfolio
1. Nirma Washing Powder 2. Nirma Bartan Bar
3. Nima Soap 4. Nirma Beauty Soap
The above mentioned brands are the prominent products under the Nirma Ltd product portfolio.
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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