Reckitt Benckiser SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Reckitt Benckiser, 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 Reckitt Benckiser to benchmark its business & performance as compared to the competitors, and make strategic improvements. Reckitt Benckiser is one of the leading brands in the FMCG sector.
The article below lists the Reckitt Benckiser SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Reckitt Benckiser SWOT Analysis:
In this article:
For Reckitt Benckiser, 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.
The strengths of Reckitt Benckiser 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 Reckitt Benckiser :
1. RB’s products have won many product of year awards
2. Price advantage due to its portable packaging
3. R& D infrastructure is strong and stable, so innovations are good
4.Strong promotion through advertising media and print media like TVCs, OOHs etc
5. Experienced and strong work force led by efficient management
6. Its operations are in over 60 countries and they are sold in over 180 countries
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 Reckitt Benckiser SWOT Analysis:
1. Retailers using expired products for sale affects brand image
2. Strong competition from industry leaders means market expansion is slow
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 Reckitt Benckiser SWOT Analysis:
1. Acquisitions of other companies and spreading the business.
2. Having new brands for the economy class and rural areas
3. Improve the overall distribution system.
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 Reckitt Benckiser are as mentioned:
1. Due to economic slowdown the purchasing power of the public decreases.
2.Due to change in Government, laws and polices sometimes an existing product performance is affected
3.Currency exchange rate fluctuations
4. Low cost substitutes present.
There are several brands in the market which are competing for the same set of customers. Below are the top 4 competitors of Reckitt Benckiser:
1. Johnson & Johnson
2. Unilever
3. P&G
4. SC Johnson
Hence this concludes the Reckitt Benckiser SWOT analysis.
Continue reading more about the brand/company.
Reckitt Benckiser Overview | |
---|---|
Parent Company |
Reckitt Benkiser |
Category |
Health Hygiene |
Sector | |
Tagline/ Slogan |
Health Hygiene Home |
USP |
One of the most innovative companies in health care |
Reckitt Benckiser STP | |
Segmentation |
Healthcare segment |
Target Market |
Urban households and hospitals, clinics |
Positioning |
Consumer centric innovation |
Reckitt Benckiser Product Portfolio | |
Brands |
1. Air Wick 2. Brasso 3. Calgon 4. Cillit Bang 5. Clearasil 6. Cherry Blossom 7. Colin 8. Dettol 9. Disprin 10.Woolite 11. Finish 12. Gaviscon 13. Harpic 14. Lizol 15. Mortein 16. Nurofen 17. Robin 18. Strepsils 19. Scholl 20. Silvo 21. Vanish 22. Veet The above mentioned brands are the prominent products under the Reckitt Benckiser 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.
Browse marketing analysis of more brands and companies similar to Reckitt Benckiser. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
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