Published by MBA Skool Team, Last Updated: April 26, 2020
SWOT analysis of Tanishq analyses the brand by its strengths, weaknesses, opportunities & threats. In Tanishq 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 Tanishq to benchmark its business & performance as compared to the competitors. Tanishq is one of the leading brands in the lifestyle and retail sector.
The table below lists the Tanishq SWOT (Strengths, Weaknesses, Opportunities, Threats), top Tanishq competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Tanishq diamonds embark the aspiration of emerging Indian women who uses tradition rather than being used by it
SWOT Analysis of Tanishq
Below are the Strengths in the SWOT Analysis of Tanishq:
1. One of the most trusted jewelry brands in India 2. Strong backing of the Titan Industries of the Tata Group 3. Excellent branding and advertising through TVCs and print ad campaigns 4. Association with celebrities as brand ambassadors to reach out to the customers 5. Apart from Indian jewelry in wedding and diamond collections, also offers simplistic and low-priced jewelry for daily wear 6. Has its presence in over 100 Indian cities
Here are the weaknesses in the Tanishq SWOT Analysis:
1. Limited global presence as compared to a few other international brands 2. Tough competition from other jewelry brands means limited scope of growth
Following are the Opportunities in Tanishq SWOT Analysis:
1. Global penetration in other countries 2. Acquisition of smaller businesses to increase brand position and reach 3. Tie-ups with corporate and business partners
The threats in the SWOT Analysis of Tanishq are as mentioned:
1. Economic fluctuations mean people decrease their spending 2. Govt policies, taxes etc also affect the premium jewellery segment 3. Trends change quickly, hence innovations and R&D are investments
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.
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 Tanishq. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 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