Published in Heavy Equipment & Engineering category by MBA Skool Team
Associated Stone Industries is one of the leading brands in the heavy equipment & engineering sector. Associated Stone Industries 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 Associated Stone Industries:
Ownership of raw materials – holds the largest quarries
Superior Technology for stone cutting and shaping
Diversification into related industries – construction, cement, etc.
Focus on products which attract the end consumer
Above are the strengths in the SWOT Analysis of Associated Stone Industries. The strengths of Associated Stone Industries looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Associated Stone Industries Weaknesses
Overdependence on one type of raw material
Competition and Stagnant growth rate is a concern
These were the weaknesses in the Associated Stone Industries SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Associated Stone Industries Opportunities
Opportunity to diversify into other related industries
Rising standards of living in Tier 2 and 3 cities – increasing demand
Infrastructure boom across the nation – increasing demand
Above we covered the opportunities in Associated Stone Industries SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Associated Stone Industries Threats
Very high threat of substitutes – Low cost of switching
Seasonal consumption patterns
Limited Access to infrastructureand growing competition
The threats in the SWOT Analysis of Associated Stone Industries are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Associated Stone Industries SWOT analysis.
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About Associated Stone Industries
The table below gives the brand overview along with its target market, segmentation, positioning & USP
Provide high quality, exotic, sophisticated products for years
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