De Beers SWOT Analysis, Competitors & USP

Posted in Lifestyle and Retail, Total Reads: 16842

SWOT analysis of De Beers analyses the brand/company with its strengths, weaknesses, opportunities & threats. In De Beers 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 De Beers to benchmark its business & performance as compared to the competitors and industry. De Beers is one of the leading brands in the lifestyle and retail sector. The table below also lists the top De Beers competitors and elaborates De Beers market segmentation, target group, positioning & Unique Selling Proposition (USP).

De Beers SWOT, Competitors, Marketing STP & Brand analysis Table
De Beers Brand Analysis
Parent Company

De Beers Group

Category

Jewellery and Diamonds

Sector

Lifestyle and Retail

Tagline/ Slogan

Diamonds are forever

USP

One of the biggest diamond brands in the world

De Beers STP
Segment

Women who love diamond jewellery

Target Group

Urban women premium and upper class

Positioning

Diamonds are a special gift which last forever

De Beers SWOT Analysis
Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of De Beers. Strengths are:

1. De Beers employs approximately 20,000 people around the world
2. It is one of the biggest companies in the diamond industry, mining, trading and manufacturing
3. Offers premium diamond jewelry which include necklaces, rings, bracelets, gifts etc through 50 exclusive stores globally
4. Strong brand name and brand equity globally
5. De Beers is known for its association with international celebrities as brand ambassadors
6. Excellent branding and marketing making it a top-of-the-mind brand

Weaknesses

Here are the weaknesses in the De Beers SWOT Analysis:

1. Strong competition from other brands means limited market share growth
2. Preference of people choosing gold over diamond, making it a premium product for occasions

Opportunities

Following are the Opportunities in De Beers SWOT Analysis:

1. It can increase its presence in global markets
2. Acquisition of smaller businesses to increase brand position and reach
3. Tie-ups with corporate and business partners

Threats

The threats in the SWOT Analysis of De Beers are as mentioned:

1. Trends change quickly, hence innovations and R&D are investments
2. Economic fluctuations mean people decrease their spending
3. Govt policies, taxes etc also affect the premium jewellery segment

De Beers Competition
Competitors

Below are the top 5 De Beers competitors:

1.Tanishq
2.Nakshatra
3.Ddamas
4. Tiffany and Co
5. Leviev

The brandguide table above concludes the De Beers 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 De Beers. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories.

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