Shakeaway SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Shakeaway, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
Shakeaway is one of the leading brands in the food & beverages sector. The article below lists the Shakeaway SWOT and includes its target market, segmentation, positioning & USP.
In this article:
For Shakeaway, 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 Shakeaway 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.
A list of strengths is mostly the starting point in starting SWOT analysis. Below are the Strengths in the SWOT Analysis of Shakeaway :
1 World’s largest Milk Shake Bar company with outlets all over the world
2. Every milk shake is made to order and with over 180 flavours and millions of possible combinations
3. Stores located near all tourist attractions in UK
4. Very innovative advertising strategies with funky on-road campaigns and celebrity associations. It also has an online store that sells goodies, vouchers and gift packs that increases popularity of the product by making it attractive and trendy.
5. The company has also opened up stores abroad at a few locations
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 Shakeaway SWOT Analysis:
1. Limited geographic presence and also high substitute offerings available
2. Price is high and many customers prefer bottled flavour milk
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 Shakeaway SWOT Analysis:
1. Can expand into the emerging economies which do not have any such stores at present
2. Can collaborate with corporates and open small dispensing outlets within the office campus.
3. Can come up with less sweeter and healthier varieties to cater to the needs of the health conscious customers.
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 Shakeaway are as mentioned:
1. With increasing health consciousness and increasing obesity and dental problems, the doctors recommend refraining from the extremely sweet gourmet available at Shakeaway.
2. Global recession can hit its sale as it is more of a delicacy item and is highly priced
3. There are many cheaper varieties of readymade milk shakes are being launched by the big beverage brands and people may turn towards these.
Read Similar SWOT analysis
Hence this concludes the Shakeaway SWOT analysis.
Continue reading more about the brand/company.
Shakeaway Overview | |
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Parent Company |
SPN Acquisitions |
Category |
Fast Food |
Sector | |
Tagline/ Slogan |
The world’s largest milkshake bar company; The original reinventions since 1999 |
USP |
Made to order shakes with a huge number of flavours and add-ons |
Shakeaway STP | |
Segmentation |
Food loving people of middle and higher income group |
Target Group |
Higher income youth and professionals who love sweets |
Positioning |
Customised fresh milkshakes |
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 Shakeaway. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.
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