Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Playmates Toys analyses the brand by its strengths, weaknesses, opportunities & threats. In Playmates Toys 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 Playmates Toys to benchmark its business & performance as compared to the competitors. Playmates Toys is one of the leading brands in the media & entertainment sector.
The article below lists the Playmates Toys SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Playmates Toys SWOT Analysis:
For Playmates Toys, 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.
Playmates Toys Strengths
The strengths of Playmates Toys 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 Playmates Toys :
1. Has association with Nickelodeon for their teenage mutant ninja turtles 2. ‘Heart for Heart girls’ dolls series is an attempt towards world peace and unity 3. User friendly website with presence at leading e-tailers 4. Many popular licensed characters like TMNT, Terminator, Garfield, Disney etc
5. Available at all multi-brand retail toy stores
Playmates Toys Weaknesses
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 Playmates Toys SWOT Analysis:
1. Focus on developing toys based on licensed characters, too much dependence 2. Limited global reach and less marketing
Playmates Toys Opportunities
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 Playmates Toys SWOT Analysis:
1. With ‘Heart for Heart’ dolls, it can capture local markets in Asian and African countries as substitute to the Barbie doll 2. Can explore characters other than ninja turtles for boys
Playmates Toys Threats
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 Playmates Toys are as mentioned:
1. No exclusivity for license on characters 2. Intense competition
3. Economic fluctuation and unfavorable govt policies
Playmates Toys Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Playmates Toys:
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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