Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Hasbro analyses the brand by its strengths, weaknesses, opportunities & threats. In Hasbro 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 Hasbro to benchmark its business & performance as compared to the competitors. Hasbro is one of the leading brands in the media & entertainment sector.
The article below lists the Hasbro SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Hasbro SWOT Analysis:
For Hasbro, 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 Hasbro 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 Hasbro :
1.Diverse product range – ranging from emotion pets for small children to tattoos and games for teenagers
2.Excellent presence in international markets across America, Europe and Asia
3.Excellent brand portfolio with subsidiaries such as Playskool, Galoob, Parker Brothers
4.Exclusivity in toys due to licenses with movies like Star Wars, MASK, G. I. Joe
5. Excellent global presence and worldwide availability
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 Hasbro SWOT Analysis:
1.The poor working conditions in the Chinese manufacturing units has hurt its brand image
2. Distribution is mainly through other parties even though Hasbro has such a wide collection
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 Hasbro SWOT Analysis:
1.Increase presence in video game and applications market by leveraging on current licenses
2. Become a one-stop merchandiser and content provider for companies like Marvel
3.Increase it’s presence in the distribution space by creating franchisees
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 Hasbro are as mentioned:
1.Cheaper imitations by Chinese toymakers threaten its position
2. Outsourced manufacturing means the company must rely heavily on the Chinese
3.Toys face continuous threat by the advent of electronic alternatives
There are several brands in the market which are competing for the same set of customers. Below are the top 4 competitors of Hasbro:
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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