Published in Lifestyle and Retail category by MBA Skool Team
Save-On-Foods is one of the leading brands in the lifestyle and retail sector. Save-On-Foods 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 Save-On-Foods:
Distribution network: Stores are located in about 90 cities across the country
Stores carry both standard brand names and private label brands, such as Western Family, Western Classics, etc
Local Touch: Each store are designed after understanding local demand. For example some stores provide nutrition tours, health clinics, etc
Stores ensures high customer engagement through effective saving schemes. Programs like More Rewards in which company provide store’s loyalty card which is accepted not only at all the chain’s stores but also at all Chevron Gas Station, etc
Programs like community support and every kid’s dream results in high brand loyalty
Above are the strengths in the SWOT Analysis of Save-On-Foods. The strengths of Save-On-Foods looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Online purchase service is not available
Low Margins due to price wars leading to dip in profits
Primary focus is on grocery, customer need to go to other stores for other products
These were the weaknesses in the Save-On-Foods SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
New products and services can be launch to cater new segment
Growth rates and profibality
Company can enter into new markets globally to increase its customer base
Above we covered the opportunities in Save-On-Foods SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Large retail players entering into smaller markets
Government regulations and unexpected problems
Rising cost of raw materials
The threats in the SWOT Analysis of Save-On-Foods are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
You can find everything you need at low prices you want
Quality conscious middle class individuals
Quality, selection and service that one can’t put a price on
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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