Jaquet Droz SWOT Analysis, Competitors & USP

Published by MBA Skool Team, Last Updated: April 26, 2020

SWOT analysis of Jaquet Droz analyses the brand by its strengths, weaknesses, opportunities & threats. In Jaquet Droz 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 Jaquet Droz to benchmark its business & performance as compared to the competitors. Jaquet Droz is one of the leading brands in the lifestyle and retail sector.

The article below lists the Jaquet Droz SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Jaquet Droz SWOT Analysis:

SWOT Analysis of Jaquet Droz

For Jaquet Droz, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.

Jaquet Droz Strengths

The strengths of Jaquet Droz looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Jaquet Droz :

1. The Brand has a unique image of being a jewellery watch brand with unique craftsmanship in its watches

2. Ability to create custom dial designs to meet its enthusiastic clients’ requirements
3. The brand has partnered and sponsored unique cultural events that are synonymous with its brand image
4. Part of the Swatch group that has 28,000 employees across 50 countries

Jaquet Droz Weaknesses

The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Jaquet Droz SWOT Analysis:

1. The brand presence across the globe is fairly limited

2. Limited market share growth due to competition


Jaquet Droz Opportunities

The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Jaquet Droz SWOT Analysis:

1. The brand can increase its presence across the world by increasing its limited distribution network

2. Luxury segment across developing economies has provided many growth opportunities
3. Special offers for business tycoons and sponsorships of events to increase visibility

Jaquet Droz Threats

The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Jaquet Droz are as mentioned:

1. High competition in the luxury market in terms of price as well as presence
2. Competing jewellery watch making brand Cartier has a higher presence and brand image as compared to Jaquet Droz
3. Presence of many brands means high probability to brand switching


Jaquet Droz Competitors

There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Jaquet Droz:

1. Cartier
2. Rolex
3. Omega

Hence this concludes the Jaquet Droz SWOT analysis.

Continue reading more about the brand/company.

About Jaquet Droz

Jaquet Droz Overview
Parent Company

The Swatch group

Category

Watches and Accessories

Sector

Lifestyle and Retail

Tagline/ Slogan

Swiss Fine Watchmaking since 1738

USP

Craft fully decorated unique high-end jewellery watches

Jaquet Droz STP
Segmentation

Luxury Watches for men and women

Target Market

High Income

Positioning

Jewellery watches with unique craftsmanship


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 Jaquet Droz. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.

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