SWOT analysis of Longines analyses the brand/company with its strengths, weaknesses, opportunities & threats. Longines is one of the leading brands in the lifestyle and retail sector. The table below also lists the top Longines competitors and elaborates Longines segmentation, targeting, positioning & USP.
|
Longines |
|
|
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 |
|
|
Segment |
Premium luxury watches |
|
Target Group |
High Income Men and women |
|
Positioning |
Longines offers high quality, trendy & classy luxury watches |
|
Longines SWOT Analysis |
|
|
Strengths |
Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Longines. Strengths are: 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 |
|
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 |
|
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 |
|
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 |
The brandguide table above concludes the Longines 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 Longines. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories.
Search & Explore : BrandGuide
Quizzes!
Related Business Content
Top Companies Lists
All Sections on MBASkool
Write for Us!
