Published by MBA Skool Team, Last Updated: April 20, 2020
SWOT analysis of Fair & Lovely analyses the brand by its strengths, weaknesses, opportunities & threats. In Fair & Lovely 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 Fair & Lovely to benchmark its business & performance as compared to the competitors. Fair & Lovely is one of the leading brands in the FMCG sector.
The article below lists the Fair & Lovely SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Fair & Lovely SWOT Analysis:
For Fair & Lovely, 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.
Fair & Lovely Strengths
The strengths of Fair & Lovely 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 Fair & Lovely :
1. Fair & Lovely brand is World's first and largest Fairness cream brand 2. Presence in 40 countries and a valueof around Rs.6 billion 3. Line Extension to premium soap ‘ Fair and Lovely Soap’ 4. Enjoys high levels of Consumer Awareness for the brand 5. Excellent branding, top-of-the-mind name, and good distribution
Fair & Lovely 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 Fair & Lovely SWOT Analysis:
1.Categorization of women on the basis of skin color, has led to many issueswith activists and human rights leading to Negative Publicity 2.Extremely tough competition in skincare market
Fair & Lovely 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 Fair & Lovely SWOT Analysis:
1. Fair & Lovely Foundation which aims at empowerment of women 2. Fair & Lovely Scholarship for underprivileged girls 3. Introduction of ‘Menz Active’ fairness cream for Men
Fair & Lovely 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 Fair & Lovely are as mentioned:
1. Several competitors in the market 2. Challenges to deal with consumer choice and buying behavior 3. Legal issues often hamper the brand image
Fair & Lovely Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Fair & Lovely:
Beauty cream capable of providing fairness within 8 weeks
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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