Tic Tac SWOT Analysis
Tic Tac is one of the leading brands in the food & beverages sector. Tic Tac 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 Tic Tac:
Quick Glance:
Tic Tac Strengths
- Good packaging and advertising
- Good taste
Above are the strengths in the SWOT Analysis of Tic Tac. The strengths of Tic Tac looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Tic Tac Weaknesses
- Too sweet
- Not too many flavors
These were the weaknesses in the Tic Tac SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Tic Tac Opportunities
- Introduce newer flavors
- Tap growing markets
Above we covered the opportunities in Tic Tac SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Tic Tac Threats
- Threat from local candies
- Threat from chocolates
The threats in the SWOT Analysis of Tic Tac are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
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Hence this concludes the Tic Tac SWOT analysis.
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About Tic Tac
The table below gives the brand overview along with its target market, segmentation, positioning & USP
|
Tic Tac | |
| Parent Company |
Ferrero |
|---|---|
| Category |
Mint/Mouth Freshner |
| Sector | |
| Tagline/ Slogan |
The 1½ Calorie Breath Mint; Refreshment to be shared |
| USP |
Sweet mint tablets |
| Tic Tac STP | |
| Segmentation |
People looking to have sweet after mint |
| Target Market |
Youth from middle and upper class |
| Positioning |
Low calorie mint for everyone |
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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