Strengths Weaknesses
Essay by cbrou1 • August 24, 2013 • Essay • 203 Words (1 Pages) • 1,346 Views
Strengths
* Strong brand identity
* Trusted and valued by consumers
* Superior product quality, taste and texture which is difficult for competitors to imitate as its family owned
* Longer product shelf of 50 days as opposed to competitors shelf life of 30 days
* Product has unique health properties such as improved digestion and calcium
* Strong relationships in natural food market retailers such as Wild Oats and Whole Foods
* Channel leader in natural goods, accounting for 24% of market share
High revenue growth over past 10 years from $100,000 to $13M
* Not use of hormones or additives
* Consumers of organic foods are not as price sensitive and therefore willing to pay more for a superior product
Weaknesses
* Not ventured into the supermarket channel
* Relatively undeveloped brand
* Small player in the overall yoghurt product market
* High dependence on distribution relationships
* Difficult to compete with major players who already have a well-established position in the supermarket channel
Opportunities
* High potential for growth in the supermarket channel
* Possibility to reach an entirely new target segment
* Brand expansion and/or extension
* Lower product costs
* Natural/organic food industry expected to grow by 20% by 2003
* Potential to expand into special foods market with gluten free/lactose free yoghurt substitutes
* Similar natural food brands such as Silk Soymilk and Amys Organic Foods had successfully expanded their distribution to the supermarket channel and increased revenues by over 200%
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