SWOT analysis of Paytm analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Paytm SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Paytm to benchmark its business & performance as compared to the competitors and industry. Paytm is one of the leading brands in the IT & Technology sector. The table below also lists the top Paytm competitors and elaborates Paytm market segmentation, target group, positioning & Unique Selling Proposition (USP).
Paytm Brand Analysis | |
---|---|
Parent Company |
One97 Communications |
Category |
Ecommerce – Online payments |
Sector | |
Tagline/ Slogan |
Paytm karo |
USP |
Online payment systems with high customer base and acceptance |
Paytm STP | |
Segment |
People with smartphones looking for cashless payment transactions |
Target Group |
Urban tier1 tier2 cities- young and middle aged people |
Positioning |
Paytm can be used as an alternate for cash to make payments for daily basic needs |
Paytm SWOT Analysis | |
Strengths |
Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Paytm. Strengths are: 1. Paytm has got extremely high brand awareness across India 2. Paytm was able to scale up its business quickly after demonetization 3. Offers multiple cashback options to customers 4. Paytm is largely accepted by merchants across India, which has helped the brand grow 5. Strong marketing campaigns have helped spread brand awareness 6. Word of mouth of cashless transactions and ease of use has been accepted well by the people 7. Strong investments from Ratan Tata, Alibaba group etc have strengthened Paytm's position |
Weaknesses |
Here are the weaknesses in the Paytm SWOT Analysis: 1. Audience in India is less the savvy as majority consider cash as primary currency 2. Paytm has diversified too much |
Opportunities |
Following are the Opportunities in Paytm SWOT Analysis: 1. Paytm can cater to a larger audience with some offline presence as well 2. Paytm can educated customers on accepting cashless transactions and online payments which would in turn boost their customer base 3. Offer more banking services along with online payment options |
Threats |
The threats in the SWOT Analysis of Paytm are as mentioned: 1. Banks offering ewallets on their saving accounts 2. Security and privacy of user is a concern for Paytm |
Paytm Competition | |
Competitors |
Below are the top 4 Paytm competitors: 1. Freecharge 2. Mobikwik 3. Airtel Money 4. JioMoney |
The brandguide table above concludes the Paytm SWOT analysis along with its marketing and brand parameters.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Paytm. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories. This SWOT and marketing analysis has been researched & authored by our BrandGuide Research Team members.
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