Universal Studios SWOT Analysis, Competitors & USP

Published by MBA Skool Team, Last Updated: August 21, 2021

SWOT analysis of Universal Studios analyses the brand by its strengths, weaknesses, opportunities & threats. In Universal Studios 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 Universal Studios to benchmark its business & performance as compared to the competitors. Universal Studios is one of the leading brands in the tourism and hospitality sector.

The article below lists the Universal Studios SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Universal Studios SWOT Analysis:

SWOT Analysis of Universal Studios

For Universal Studios, 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.

Universal Studios Strengths

The strengths of Universal Studios 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 Universal Studios :

1. Universal Studios are one of the most visited theme parks globally with nearly 50 millions visitors annually

2. The theme in USA is spread over a large area with six different theme areas, one of which is Hollywood

3. Universal Studios features some very popular characters like Popeye, Simpsons, Jurassic Park, Back to the Future, ScoobyDoo etc. who have great merchandising capacity.

4. Universal parks & resorts have there presence in countries like USA, Japan, Singapore

5. More than 20,000 people are employed with the company worldwide

6. Universal Studios have a very high brand recall owing to the high experience they offer to the customers

7. The theme park addresses to all age groups with its rides, roller-coasters, food mall, parades etc.

Universal Studios 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 Universal Studios SWOT Analysis:

1. To maintain its brand equity, the park has to spend heavily which means limited margins

2. The theme park business is vulnerable to economic recessions, pandemic etc.


Universal Studios 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 Universal Studios SWOT Analysis:

1. With the newer rides & characters, the parks can hope to attract many visitors

2. Universal Studios can look to expand at other popular international destinations

3. With various promotional offers like annual passes, discounts on hotel stay and multiple visit passes, the park can try to increase & retain its customer base.

Universal Studios 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 Universal Studios are as mentioned:

1. The park operates in a very competitive environment, where lack of innovation can prove to be a disaster

2. Economic recessions, pandemics can lead to lower tourism, thereby impacting the business severely


Universal Studios Competitors

There are several brands in the market which are competing for the same set of customers. Below are the top 4 competitors of Universal Studios:

1. Disneyland

2. SeaWorld Parks

3. Legoland

4. Six Flags

Hence this concludes the Universal Studios SWOT analysis.

Continue reading more about the brand/company.

About Universal Studios

Universal Studios Overview
Parent Company

NBC Universal - Universal Parks & Resorts

Category

Amusement & Theme Parks

Sector

Tourism and Hospitality

Tagline/ Slogan

See the Stars, Ride the Movies;  Jump Into the Action

USP

A unique theme park based on the entertainment industry, particularly, movies and television

Universal Studios STP
Segmentation

People belonging to all age groups

Target Market

Youngsters and tourist families from all over the world

Positioning

The park has amazing offerings for all the fans of the movies and television


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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