Published in IT & Technology category by MBA Skool Team
Grupo Elektra is one of the leading brands in the IT & Technology sector. Grupo Elektra 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 Grupo Elektra:
Operates more than 2000 sales points in Mexico and Central America
In store credit facility for consumers
Credibility among its customers
Ease of financial services for the customers
Above are the strengths in the SWOT Analysis of Grupo Elektra. The strengths of Grupo Elektra looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Grupo Elektra Weaknesses
Most of the business concentrated in Latin America
Resource management not matching sector leaders
These were the weaknesses in the Grupo Elektra SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Grupo Elektra Opportunities
Entry into other parts of world
Huge potential in delivering financial products
Diversifying the product line in retail business
Strategic alliances with the government and institutions
Above we covered the opportunities in Grupo Elektra SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Grupo Elektra Threats
Global economic slowdown
E-commerce penetration from competitors
Increasing competition globally
The threats in the SWOT Analysis of Grupo Elektra are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
People purchasing electronics and specialty items and Financial Services
Providing access to affordable goods and financial services to the middle class through the largest network of specialty branded stores and banking branches
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