Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Foursquare analyses the brand by its strengths, weaknesses, opportunities & threats. In Foursquare 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 Foursquare to benchmark its business & performance as compared to the competitors. Foursquare is one of the leading brands in the media & entertainment sector.
The table below lists the Foursquare SWOT (Strengths, Weaknesses, Opportunities, Threats), top Foursquare competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Location based social networking website for mobile devices
Internet users interested in social networking platforms and websites
Positioned as a social networking website which provides access through mobile and is location based
SWOT Analysis of Foursquare
Below are the Strengths in the SWOT Analysis of Foursquare:
1.User can use the option of “Check in” to find friends around the location
2. Allows users to follow specific companies and receive special tips
3. Compatible with wide range of mobile phone 4. Simple and Convenient to use 5. Has over 15 million users and is available in English, German, French, Indonesian, Italian, Korean, Portuguese, Russian, Spanish, Thai, Japanese languages
Here are the weaknesses in the Foursquare SWOT Analysis:
1.Relatively new market entrant hence limited reach to masses as compared to social networking giants
2. Limited physical presence
Following are the Opportunities in Foursquare SWOT Analysis:
1. Expand capabilities to allow users to use more options to control updates
2. Acquiring more partnerships with other websites for integration
3.Acquiring mergers with different locations for check ins
The threats in the SWOT Analysis of Foursquare are as mentioned:
1.Possibility of wrong or discrepant locations
2.Possibility of deception by users regarding locations 3. Newly emerging competitive social networking websites
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.
Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Foursquare. This section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2500 brands from over 20 industry sectors.
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