Published in Food & Beverages category by MBA Skool Team
Slice is one of the leading brands in the food & beverages sector. Slice SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Slice:
Strong brand awareness, recall through memorable advertisements
Intense chemistry between celebrity brand ambassadors and brand positioning
Experiencing very fast growth due to excellent advertising through TVCs
Different pack sizes to cater to varying needs of the consumers
Good distribution and availability
Strong backing by the parent company adds value to the brand
Above are the strengths in the SWOT Analysis of Slice. The strengths of Slice looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Perceived as just a fun drink and not as a health drink
Intense competition means market share is less and high brand switching exists
These were the weaknesses in the Slice SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Shift in consumer behavior from carbonated drinks towards NCSD
Strong brand equity can be leveraged to launch more flavors
Above we covered the opportunities in Slice SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Competitors like Frooti and Maaza have a bigger market share
Substitutes for Mango drinks like Tropicana and Real are growing
Too dependent on just one brand ambassador, a risky situation
The threats in the SWOT Analysis of Slice are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
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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