Dunelm Group SWOT Analysis, USP & Competitors

Dunelm Group

Parent Company

Bill Adderley & Jean Adderley

Category

Home furnishings store

Sector

Retail

Tagline/ Slogan

Add some wow to your windows

USP

Stylish décor for house interiors for furnishing

STP

Segment

People who want to give a personalized touch to their homes.

Target Group

Home makers who want to leave a touch of their personalities through their homes and its decors like curtains, blinds, beddings, cushions

Positioning

Dunelm group is always there with newer ideas to make your home resemble you and is always ready to accept newer ideas from its customers.

SWOT Analysis

Strengths

1. Legacy of serving people since 1979 leading to strong brand equity
2. Offers wide range options for home furnishings including bedding, cushions, blinds, decors, lights, mirrors, rugs.
3. Gives an option to reserve your furnishings and collect it later.
4. Accepts newer idea from the customers.

5. One of the largest homewares retailers in the United Kingdom

Weaknesses

1.The prices of items are higher than supermarkets which might limit the target group

2. The variety of items are limited by their offerings, options for personalized home furnishings like Presto not there.

Opportunities

1. More young professionals living away from home and living in nuclear families building new homes. Hence their target group is increasing fast.
2.Increasing purchasing power parity leading to improved lifestyles e.g – buy more sophisticated home furnishings
3. Expand network, product selection  and reach to people by opening up more flagship stores.

4. open up opportunities for personalized furnishings on the lines of Presto.

Threats

1.Robbery attempts and other threats lead to high priority security concerns for property loss as also safety of employees working late into the night.
2. Intense competition from other furnishings stores.
3.Competition laws an lack of large scale development space leading to merger of many convenience stores.

Competition

Competitors

1. Debenhams PLC
2. Halfords Group PLC
3. Mothercare PLC