Longines SWOT Analysis, Competitors & USP

Posted in Lifestyle and Retail, Total Reads: 7338

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. 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 market segmentation, target group, positioning & Unique Selling Proposition (USP).

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

The Swatch group

Category

Watches and Accessories

Sector

Lifestyle and Retail

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

9. Patek Philippe

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.

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