Boomer Chewing Gum SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Boomer Chewing Gum, 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 Boomer Chewing Gum to benchmark its business & performance as compared to the competitors, and make strategic improvements. Boomer Chewing Gum is one of the leading brands in the food & beverages sector.
The article below lists the Boomer Chewing Gum SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Boomer Chewing Gum SWOT Analysis:
In this article:
For Boomer Chewing Gum, 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.
The strengths of Boomer Chewing Gum 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 Boomer Chewing Gum :
1. Advertising which has a good recall value
2. Attractive packaging
3. Wrigley products have a good quality perception
4. Good distribution and availability of the product
5. Strong brand name of the parent company adds value
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 Boomer Chewing Gum SWOT Analysis:
1. Advertising has weakened across years
2. Bubble gum market has a very niche target segment (kids) as compared to chewing gums
3. Jellies have eaten into the share of chewing gums
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 Boomer Chewing Gum SWOT Analysis:
1. Try more of non-traditional marketing procedures like center fresh
2.Try introducing a chewing gum (flanking variant).
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 Boomer Chewing Gum are as mentioned:
1. Too many smaller players coming up with their products
2. Complementary offers don’t really work as much as they did earlier
There are several brands in the market which are competing for the same set of customers. Below are the top 2 competitors of Boomer Chewing Gum:
因此this concludes the Boomer Chewing Gum SWOT analysis.
Continue reading more about the brand/company.
Boomer Chewing Gum Overview | |
---|---|
Parent Company | Wrigley |
Category | Confectionary |
Sector | |
Tagline/ Slogan | Boom Boom Boomer |
USP | Bubble gum |
Boomer Chewing Gum STP | |
分割 | Chewing gum for children |
Target Market | Young kids who want to have a flavored chewing experience |
Positioning | A bubble gum which swells like no other |
This article has been researched & authored by theContent & Research Team.它已经被MBA Skoo审查和发表l Team. The content on MBA Skool has been created for educational & academic purpose only.
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