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SWOT analysis of cupcake machine marketing plan
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SWOT analysis strength weakness opportunities threats internal
external threats external
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SWOT analysis Our operation mode is creative
high quality of organizational framework and operating team S T R E N G H I N T E R A L low in overhead cost and without rent Due to the low operating cost , the price of our product is acceptable
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SWOT analysis the initial cost of buying, designing and
developing our vending machines is high I N T E R A L W E A K N S It’s not easy to ensure that every vending machine is operating correctly so we need many mechanics Our customers may buy a cupcake just for temporary newness and not easy to build long relationship with them
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SWOT analysis Because of the low market entry barriers ,
P R T U N I E S Because of the low market entry barriers , we can enter the market rapidly E X T R N A L The increasing market demand for personalized and we can satisfy customers’ unique taste Easy to expand market and increase marketing coverage by using vending machines
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SWOT analysis New competitors may enter the market
X T R N A L T H R E A S New competitors may enter the market by using the same operating mode It’s not easy to analyze the trend of taste of the market and adjust to it timely
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STRAGETY WO Cultivate and train enough mechanics
to maintain every vending machine and perfect organizational structure O P R T U N I y W E A K N S WO Advertise for our own brand and establish our brand effect to increase our customer loyalty and develop potential customers
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STRAGETY SO Because our creative operation mode ,
we can establish our brand and our brand can sink deep into the hearts of the people easily O P R T U N I y S T R E N G H SO Expand the potential market and enlarge our scale effect
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Develop and design our own cupcake vending machines and apply for
STRAGETY Develop and design our own cupcake vending machines and apply for invention patents S T R E N G H T H R E A ST Make good use of our low price strength and make it difficult for rivals to enter the market
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STRAGETY WT Establish a group of team to analyze the
taste of the market regularly and send information back to the bakery timely W E A K N S T H R E A WT Our consumers can register as our members and own a accumulating card , which help us to increase customer loyalty Apply for patent for out cupcake vending machine and avoid new rivals to imitate our operation mode
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