Kenworth SWOT Analysis
Kenworth SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Kenworth, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
Kenworth is one of the leading brands in the transport and logistics sector. The article below lists the Kenworth SWOT and includes its target market, segmentation, positioning & USP.
In this article:
Let us start the SWOT Analysis below:
Kenworth Strengths
The strengths of Kenworth looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
A list of strengths is mostly the starting point in a SWOT analysis. Below are the Strengths in the SWOT Analysis of Kenworth :
1. Extensive dealer network.
2. Innovation led production integrating component technology with advanced aerodynamics.
3. Regular winner of JD Power Awards for Heavy Duty Truck Product Satisfaction.
4. It builds customized trucks to cater to the needs of different industries.
5. Focuses on enhances durability and driver’s comfort.
6. Powered by highly efficient Paccar engines.
7. Wide portfolio of various models of trucks.
Kenworth Weaknesses
The weaknesses of a brand are certain aspects of its business which it can improve. Here are the weaknesses in the Kenworth SWOT Analysis:
1.With major industries outsourcing their manufacturing activities, demand is low.
2. Recession in the US markets led to drop of revenue.
Kenworth Opportunities
The opportunities for any brand can include prospects of future growth. Following are the opportunities in Kenworth SWOT Analysis:
1. Providing trucks on lease.
2. Premier Care Gold Certification ensures lifetime relationship building with the clients providing servicing and lounge options to the drivers.
3. Expansion to bus and van manufacturing.
Kenworth Threats
The threats for any business can be external factors which can negatively impact its business. The threats in the SWOT Analysis of Kenworth are as mentioned:
1. Slowdown in the international markets like China affecting revenues.
2. Dependent on how well the economy is doing.
Hence this concludes the Kenworth SWOT analysis.
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About Kenworth
| Kenworth Overview | |
|---|---|
| Parent Company |
Paccar Inc. |
| Category |
Trucks manufacturer |
| Sector | |
| Tagline/ Slogan |
The World’s Best. |
| USP |
Reputed for 90 years for the durability and engineering excellence of their trucks. |
| Kenworth STP | |
| Segmentation |
Businesses in need of medium duty and heavy duty trucks |
| Target Market |
Businesses requiring technologically advanced and efficient trucks |
| Positioning |
Manufacturing world’s best heavy duty trucks and services. |
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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