PC Jewellers SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of PC Jewellers, 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 PC Jewellers to benchmark its business & performance as compared to the competitors, and make strategic improvements. PC Jewellers is one of the leading brands in the lifestyle and retail sector.
The article below lists the PC Jewellers SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the PC Jewellers SWOT Analysis:
In this article:
For PC Jewellers, 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.
The strengths of PC Jewellers 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 PC Jewellers :
1. Established brand, heritage own company
2. They have wide product range by increasing in focus in diamond
3. Small and expert employee strength in the manufacturing units to focus on producing new Jewellery products
4. Having efficient and flexible inventory management due to large showroom network which facilitates the rotation of stock of every three to six months thereby to reduce our finished inventory holding period.
5.Awarded Best Exporter by Dept of commerce
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 PC Jewellers SWOT Analysis:
1. Uncertainty in financial market fluctuations
2. Tough competition in the market mean limited market share
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 PC Jewellers SWOT Analysis:
1.More global penetration through more outlets and advertising targeting the NRI segment
2.India has well established capabilities in manufacturing handmade jewellery and traditional as well as modern designs because of low cost skilled labor
3.The per capita income of HNI has increased thus leading to increase in consumption of buying pattern of luxury items like jewellery
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 PC Jewellers are as mentioned:
1. To enter into a new market, they have competition from local competitors, retailers ,new demographics. since these already established have a niche understand of the customer preferences and choices.
2. The difficulties of securing retail store locations
3.Competition from family owned business in this sector
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of PC Jewellers:
Hence this concludes the PC Jewellers SWOT analysis.
Continue reading more about the brand/company.
|PC Jewellers Overview|
Jewellery and Diamonds
Jeweller for generation
Trust and customer loyalty goes hand in hand
|PC Jewellers STP|
Women who loves fashionable and contemporary designs
Basically Middle and upper middle income working woman
Traditional, contemporary and combinational designs
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.
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