Published in Food & Beverages category by MBA Skool Team
Shakeaway is one of the leading brands in the food & beverages sector. Shakeaway 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 Shakeaway:
World’s largest Milk Shake Bar company with outlets all over the world
Every milk shake is made to order and with over 180 flavours and millions of possible combinations
Stores located near all tourist attractions in UK
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.
The company has also opened up stores abroad at a few locations
Above are the strengths in the SWOT Analysis of Shakeaway. The strengths of Shakeaway looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Limited geographic presence and also high substitute offerings available
Price is high and many customers prefer bottled flavour milk
These were the weaknesses in the Shakeaway SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Can expand into the emerging economies which do not have any such stores at present
Can collaborate with corporates and open small dispensing outlets within the office campus.
Can come up with less sweeter and healthier varieties to cater to the needs of the health conscious customers.
Above we covered the opportunities in Shakeaway SWOT Analysis. The opportunities for any brand can include prospects of future growth.
With increasing health consciousness and increasing obesity and dental problems, the doctors recommend refraining from the extremely sweet gourmet available at Shakeaway.
Global recession can hit its sale as it is more of a delicacy item and is highly priced
There are many cheaper varieties of readymade milk shakes are being launched by the big beverage brands and people may turn towards these.
The threats in the SWOT Analysis of Shakeaway are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
The world’s largest milkshake bar company; The original reinventions since 1999
Made to order shakes with a huge number of flavours and add-ons
Food loving people of middle and higher income group
Higher income youth and professionals who love sweets
Customised fresh milkshakes
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