Published in Industrial Products and Chemicals category by MBA Skool Team
Snap-On is one of the leading brands in the industrial products and chemicals sector. Snap-On 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 Snap-On:
Large use of technology enables it to stay ahead of the competition
Loyal customer base ensures that the brand strength is high
Its benchmarking program for all production facilities ensures energy conservation and proper waste management
Uses delivery vans to deliver their products directly to customers
The product portfolio includes Professional Automotive and Industrial Tools and Equipment
Employs approximately 11,500 people worldwide
Above are the strengths in the SWOT Analysis of Snap-On. The strengths of Snap-On looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
High prices of their tools as compared to lesser price of inferior alternatives
The brand is lesser known despite being an expert in the industry
These were the weaknesses in the Snap-On SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
New and emerging markets offer a good opportunity to grow
Increasing demand for high end technology products
Above we covered the opportunities in Snap-On SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Competition from other international players in multiple product categories
Strong distribution channels of competitors
The threats in the SWOT Analysis of Snap-On are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Snap-On SWOT analysis.
Continue reading more about the brand/company.
The table below gives the brand overview along with its target market, segmentation, positioning & USP
Hand Tools , Power tools, Shop tools , Diagnostics
B2B, Businesses requiring professional tools
Better , Faster , Smarter products
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 Snap-On. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.
The brand names and other brand information used in the SWOT Analysis section are properties of their respective companies. The companies are not associated with MBA Skool in any way. Edit the brand or add a new one to SWOT Analysis section : Contribute