SWOT analysis of Longines analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Longines 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 Longines to benchmark its business & performance as compared to the competitors and industry. As of 2020, Longines is one of the leading brands in the lifestyle and retail sector.
The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top Longines competitors and includes Longines target market, segmentation, positioning & Unique Selling Proposition (USP).
| Longines Brand Analysis | |
|---|---|
| Parent Company |
The Swatch group |
| Category |
Watches and Accessories |
| Sector | |
| Tagline/ Slogan |
Elegance is an attitude |
| USP |
Longines has watches made from technical expertise born of tradition, elegance and performance |
| Longines STP | |
| Longines Segmentation |
Premium luxury watches |
| Longines Target Market |
High Income Men and women |
| Longines Positioning |
Longines offers high quality, trendy & classy luxury watches |
| Longines SWOT Analysis | |
| Longines Strengths |
Below are the Strengths in the SWOT Analysis of Longines: 1. Longines was the first brand to change the way time was kept in sports. They introduced the first watch with a timing mechanism that is triggered by electric signal 2. International movie and sports celebrities represent Longines as brand ambassadors 3. Longines has strengthened its brand image by being the official time keeper of Olympics and many other sporting events (like Roland-Garros) 4. Part of the Swatch group that has 28,000 employees across 50 countries 5. Good advertising and brand visibility of the watches through TVCs, print ads, online ads etc 6. Longines has a strong legacy since its inception in 1832 7. Its logo is one of the longest unchanged trademarks in the world |
| Longines Weaknesses |
Here are the weaknesses in the Longines SWOT Analysis: 1. The brand is yet to establish itself completely compared to some of its global competitors 2. Limited market share of Longines watches growth due to competition |
| Longines Opportunities |
Following are the Opportunities in Longines SWOT Analysis: 1. Longines has an opportunity to expand its distribution networks, especially in developing and emerging markets 2. More penetration through continuous advertising and marketing 3. Acquisition of smaller brands and more presence in luxury markets can help Longines grow |
| Longines Threats |
The threats in the SWOT Analysis of Longines are as mentioned: 1. Some competing brands have a stronger international presence and a stronger brand image 2. Fluctuating economies means limited spending on luxury items 3. Fake & cheap imitations of Longines watches cause damage to brand |
| Longines Competition | |
| Competitors |
Below are the top 16 Longines competitors: 1. Breguet 2. TAG Heuer 3. Cartier 4. Omega 5. Rolex 6. Rado 7. Tissot 8. Hublot 10. Swatch 11. Chopard 12. Breitling 13. Seiko 14. Richemont 15. Panerai 16. Ulysse Nardin |
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 Longines. The BrandGuide section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2800 brands from over 20 industry sectors.
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