Bingo Chips SWOT Analysis

Published in Food & Beverages category by MBA Skool Team, Last Updated: April 29, 2020

Here is a detailed SWOT analysis of Bingo Chips covering strengths, weaknesses, opportunities and threats.

Bingo Chips Strengths

  1. Excellent branding and advertising on TVCs and print ads
  2. Excellent distribution and availability
  3. Great variety of flavors gives customers options
  4. Reasonable pricing ensures spontaneous purchase
  5. Strong backing of ITC Limited brand name

Above are the strengths in the SWOT Analysis of Bingo Chips. The strengths of Bingo Chips looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

Bingo Chips Weaknesses

  1. Health conscious people avoid High fat and cholesterol in potato wafers
  2. Wafers have high customer brand switching, hence difficult to understand customers

These were the weaknesses in the Bingo Chips SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

Bingo Chips Opportunities

  1. Leverage successful brand ITC
  2. Advertise more to attract target group
  3. Buy out smaller competition and tie-ups with resort, food chains

Above we covered the opportunities in Bingo Chips SWOT Analysis. The opportunities for any brand can include prospects of future growth.

Bingo Chips Threats

  1. Threat from local substitute snacks
  2. Reduced consumption by health conscious people

The threats in the SWOT Analysis of Bingo Chips are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Read Similar SWOT analysis

Hence this concludes the Bingo Chips SWOT analysis.

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About Bingo Chips

The table below gives the brand overview along with its target market, segmentation, positioning & USP

Bingo Chips

Parent Company

ITC Limited

Category

Wafers

Sector

Food & Beverages

Tagline/ Slogan

No confusion great combination

USP

The crunchiest potato chips

Bingo Chips STP
Segmentation

People who want to have between meal snacks

Target Market

Youth of Lower, middle income

Positioning

Great chips with great flavors

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.

Browse marketing analysis of more brands and companies similar to Bingo Chips. This section covers SWOT Analysis along with Segmentation, Target Market, Positioning & USP of more than 2000 brands from over 20 industry sectors.

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