Published by MBA Skool Team, Last Updated: April 26, 2020
SWOT analysis of Ellesse analyses the brand by its strengths, weaknesses, opportunities & threats. In Ellesse 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 Ellesse to benchmark its business & performance as compared to the competitors. Ellesse is one of the leading brands in the lifestyle and retail sector.
The article below lists the Ellesse SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Ellesse SWOT Analysis:
For Ellesse, 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 Ellesse 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 Ellesse :
1. The brand has strong brand presence in over 20 countries through various MBO’s with sports retailers. 2. The brand is synonymous with the sport of tennis for than half a century giving it a unique place in the sportswear segment. 3. The Circolo Ellesse campaign for the sporting elite has been a success. 4. Ellesse depicts product connect stories of various famous tennis players like Boris Baker, Goran Ivanisevic which gives a wide emotional connect to their proposition.
5.The brand lays special emphasis on new product development and diversified into various sportswear like skiwear.
6.The brand runs various model hunt competitions and ad campaigns which view a story around the sport and the brand heritage which have been very effective.
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 Ellesse SWOT Analysis:
1. Though the brand has diversified into various other product categories it has to depend on tennis-wear for most of its revenues. 2. The brand has not been able to expand its network effectively outside the European markets. 3. The brand does not have its own concept of flagship stores which kills the exclusivity of the brand.
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 Ellesse SWOT Analysis:
1. The brand can start its own chain of exclusive stores in emerging markets like Asia where there is a huge market potential with the positive growth of tennis. 2. The brand can also start its own online store with shipping available across to improve visibility. 3.The brand can also auction sports memorabilia and use the proceeds for charity work under CSR programs.
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 Ellesse are as mentioned:
1. The brand faces high fragmentation in the sports retail industry where there is low brand loyalty and high bargaining power of buyers. 2. The recent crisis in the European markets can affect the revenues of the brand which draws most of its revenues from there. 3. The brand also faces the threat of counterfeit products in its basic merchandise which can affect brand equity.
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Ellesse:
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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