Published by MBA Skool Team, Last Updated: April 29, 2020
SWOT analysis of Hard Rock Café analyses the brand by its strengths, weaknesses, opportunities & threats. In Hard Rock Café 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 Hard Rock Café to benchmark its business & performance as compared to the competitors. Hard Rock Café is one of the leading brands in the food & beverages sector.
The table below lists the Hard Rock Café SWOT (Strengths, Weaknesses, Opportunities, Threats), top Hard Rock Café competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
People looking to have a fun-filled night along with food
People of the urban class
Café with high levels of musical entertainment
SWOT Analysis of Hard Rock Café
Hard Rock Café Strengths
Below are the Strengths in the SWOT Analysis of Hard Rock Café:
1. Global presence – More than 50 countries 2. High brand equity – Referent Power 3. Excellent ambience provided forcing people to come for the environment 4. Variety of events that keep happening within the premises 5. Providing a rich customer experience through features like ‘Priority Seating’ 6. Breadth of food offerings in the menu from starters to desserts
7. Strong brand developed through its wide product range – hotels to casinos
Hard Rock Café Weaknesses
Here are the weaknesses in the Hard Rock Café SWOT Analysis:
1. Highly priced products and high costs incurred due to the differentiation strategy followed 2. Difficult to obtain new customers – High dependence on existing customers
Hard Rock Café Opportunities
Following are the Opportunities in Hard Rock Café SWOT Analysis:
1. Diversification into related foods and beverages 2. Inclusion of more variety into the menu offered 3. Adding more customer-centric programs to enhance customer loyalty
Hard Rock Café Threats
The threats in the SWOT Analysis of Hard Rock Café are as mentioned:
1. Similar players entering the market decreasing the existing market share 2. The current market saturating after a few years 3. Online media and online ordering services forcing people to avoid outdoor restaurants
Hard Rock Café Competition
Hard Rock Café Competitors
Below are the top 3 competitors of Hard Rock Café:
1. Planet Hollywood 2. Rainforest Cafe 3. House of Blues
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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