SWOT analysis of Converse analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Converse 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 Converse to benchmark its business & performance as compared to the competitors and industry. Converse is one of the leading brands in the lifestyle and retail sector. The table below also lists the top Converse competitors and elaborates Converse market segmentation, target group, positioning & Unique Selling Proposition (USP).
| Converse Brand Analysis | |
|---|---|
| Parent company |
Nike |
| Category |
Apparel and accessories |
| Sector | |
| Tagline/ slogan |
Band and Of Ballers; All star –shoes, we have got you covered-clothes |
| Usp |
Converse offers trendy and vibrant sports apparel for men and women |
| Converse STP | |
| Segment |
Men and women sporting casual sports apparels |
| Target group |
Converse loyal customers and other SEC A men and women in the age group of 18-24 sporting casual wear |
| Positioning |
Converse is America's original sports company |
| Converse SWOT Analysis | |
| Strengths |
Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Converse. Strengths are: 1. Converse offers mid premium segment apparels, shoes and other accessories for the youth with good adveritisng 2. Range captures international designs and trends and also special editions are launched for special occasions. 3. Converse shoes and the skate boards come in customizable designs 4. The company has a long history since 1908 and a huge loyal customer base. 5. Converse has partnered with a NGO called RED, working for AIDS relief in Africa. 6. Famous sports celebrities are brand ambassadors 7. The lean organization system which converse follows makes in manufacture at least cost and minimum wastage 8. Strong backing of parent company Nike gives a big boost to the brand |
| Weaknesses |
Here are the weaknesses in the Converse SWOT Analysis: 1. Tough competition from existing brands means limited market share growth 2. Converse products can be cannibalized by its popular parent brand |
| Opportunities |
Following are the Opportunities in Converse SWOT Analysis: 1. Very well known brand in across the world 2. More product development opportunities exist for Converse as most of the products are fashion sensitive 3. Converse can also diversify into shirts, bags as these are high value items 4. More aggressive advertising and promotion through e-commerce platforms |
| Threats |
The threats in the SWOT Analysis of Converse are as mentioned: 1. The industry is very price and fashion sensitive and hence Converse too faces the threat. 2. Local market also poses risk to the brand 3. Fake imitation products is a threat to the brand 4. Being a global brand, Converse's business can be affected by recession and economic fluctuations |
| Converse Competition | |
| Competitors |
Below are the top 12 Converse competitors: 1. Nike 2. Reebok 3. New Balance 4. Adidas 5. Puma 6. Fila 7. Bata 9. Under Armour 10. Umbro 11. Woodland 12. Asics |
The brandguide table above concludes the Converse 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 Converse. The BrandGuide section covers SWOT Analysis, USP, STP & Competition of more than 6000 brands from over 20 categories.
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