Published in Lifestyle and Retail category by MBA Skool Team
Zenith is one of the leading brands in the lifestyle and retail sector. Zenith SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Zenith:
There are more than 300 patents registered under Zenith
There are more than 2000+ chronometry awards to the credit of Zenith
The position of the brand as experts in Time pieces has been very clearly communicated to the consumers
Strong brand name in the industry
Owing to strong parent brand, there is excellent distribution of Zenith watches
Zenith offers a luxurious collection of watches for both men & women
Above are the strengths in the SWOT Analysis of Zenith. The strengths of Zenith looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Zenith has tough competition from the other leading brands meaning high brand switching
Fake imitation affect the brands and sales as watches are easy to replicate
These were the weaknesses in the Zenith SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Zenith has experienced strong growth in Asia. Being a developing market, it is a great opportunity
Tie-up with fashion houses and sponsoring events
More innovative designs and styles to attract the youth
Above we covered the opportunities in Zenith SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Luxury segment has seen tough competition as consumers get increasingly brand and price conscious.
Brands present a challenge in terms of brand presence and brand image
Fake watches that carry Zenith's brand name and sell cheaply
The threats in the SWOT Analysis of Zenith are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Zenith watch company are positioned as experts in watchmaking
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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