Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Legoland analyses the brand by its strengths, weaknesses, opportunities & threats. In Legoland 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 Legoland to benchmark its business & performance as compared to the competitors. Legoland is one of the leading brands in the tourism and hospitality sector.
The table below lists the Legoland SWOT (Strengths, Weaknesses, Opportunities, Threats), top Legoland competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
The parks aim to provide a mixture of fun, adventure and education for children.
Children aged between 2 and 12 years and their families
Young families living in the USA and Europe
Logo-themed amusement park designed to provide an adventurous and educational experience for children
SWOT Analysis of Legoland
Below are the Strengths in the SWOT Analysis of Legoland:
1. The parks are associated with a very strong brand name of Lego, which is one of the leaders in the European Toy market. 2. The operating company, Merlin Entertainment is a leading name in family entertainment parks and operates 87 attractions in 19 countries across 4 continents. 3. Each Legoland attracts as many as 1.5 million visitors per year. 4. The availability of annual tickets and “value passes” for customers who are likely to make multiple visits ensure competitive pricing 5. Good marketing and advertising makes it a popular theme park
Here are the weaknesses in the Legoland SWOT Analysis:
1.In spite of Lego being a very popular brand in the European toy market, the parks have not been able to attract many international tourists. 2.The Legoland Parks in California and Florida are not as popular as their European counterparts.
Following are the Opportunities in Legoland SWOT Analysis:
1. The Lego brand is associated with quality and reliability; this positive brand image can be used by the parks to attract visitors. 2. The 2 locations of Legoland in the USA, viz. Florida and California are already popular tourist destinations; the parks can leverage on the location advantage.
3. As the brand Lego is fast penetrating in markets outside Europe and USA, there is a chance to attract more and more international visitors 4. Tapping emerging economies with more advertising and marketing
The threats in the SWOT Analysis of Legoland are as mentioned:
1. The California and Floridia Legolands can become competitors for each other. 2. The original Legoland in Windsor, London has a very strong brand presence in the Europe and hence steals away European visitors from the Legolands in USA. 3.There are other extremely popular amusement parks in the USA who have much better offerings and brand presence than Legoland (e.g. Disneyland)
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