(93986064) SWOT Matrix Medora

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  • 8/12/2019 (93986064) SWOT Matrix Medora

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    SWOT MATRIX OFMEDORA OF LONDON (Pvt. Ltd)

    STRENGHTSS

    1. Oldest cosmeticcompany in

    Pakistan. Established in1961.

    2. In-house country

    production in Swat so the

    production cost is low and

    products are resh.

    !. Pro"idin# hi#h

    $uality products at

    aordable price.

    %. Orientation towards

    brin#in# new "ariants and

    ra#rances in their products

    &. Product 'e"elopmentor

    (ale market se#ment aswell.

    6. )est color shades in*sia

    +lipstick cate#ory,

    . i#hly $ualiied

    team o chemists.

    /. a"in# a network o

    more than 200

    distributors.

    9. ni$ue brand name

    which can help in #ainin#

    international acceptance10. 3ot a listed

    company so does need

    to disclose inormation

    WEAKNESSESW

    1. 4ess "isionary4eadership

    2. 4ess creati"e

    (arketin# team

    !. 4ess ocus on

    acti"e (arketin#

    5*d"ertisin#

    campai#ns.

    %. otal *bsence romsocial media

    &. Ineecti"e and

    less interacti"e

    website

    6. 3o clear point o

    interaction with

    customer directly

    . 3o international

    "isibility and presence/. 4ess popularity and

    brand loyalty o (edora

    products

    9. 4ess ocus on

    inno"atin# product

    packa#in#. +traditional

    packa#in# or talc nail

    colors lipsticks is still

    bein# used,10. lack o participation in

    7S8 initiati"es

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    OPPORTUNITIESO SO

    STRATEGIES

    1. Developing house

    production facility to produce

    skin care

    products with variants includingnatural ingredients at lowerprices than the competitors.(S2&O1,2

    2. !enerating high salesvolume through rural marketemploying making accessi"iltythrough parlors as point ofsale. (S#&O$

    $. Developing products

    with longer shelve livesand ultimately period ofe%piry ascompared to imported "rands. (S$, & O'

    . )%porting lipsticks a"roadto develop new markets andinternational "rand image.( S',* & O

    +. Developing new time savvy

    and focused on personalgrooming product "rands forale category using newproduct innovation. alreadye%isting male customers willlove to "uy and the segmentwill e%pand. ( S+ & O,*

    WO STRATEGIES

    1. -ncreased focus oninnovative marketingactivities like attractive /ads and activation in malland super markets, . (02,

    $& O1

    2. Developing edorasmodified and interactivewe" page, 3ace"ook pageand hiring "eauty "loggerto engage with customers,developing productreviews and increaseinternational presence.( 0,+, ',,# & O,1

    $. 4eadership vision can "eimproved "y seekinggrowth opportunity fromproduction innovation("ringing moussefoundation, "lush on etcand focusing on producingskin care products,naturally integrated mineralcosmetics and fairnesscreams. (O 1,2,*& 01

    . 5articipating in 3ashionshows, engaging withmakeup artists in 6ridal

    shows and shoots onnational and internationallevels. (O11 & 0$ ,#

    +. )na"ling womenentrepreneurship in ruralareas and helping themsetup salons and parlors intheir native areas. (O$ &01

    1. Increasin# #rowth and

    8isin# trends in Skin care

    products e.#. cleansin#

    masks etc2. (ore customer

    orientation towards

    naturally inte#rated

    cosmetics

    !. 'e"elopment o

    rural market in

    Pakistan

    %. oun#er population is

    becomin# more ashion

    and look conscious&. i#h rate o

    consumer adoption due

    to trend o celebrity

    endorsement and online

    deli"ery ser"ices.

    6. 3ew technolo#ies to

    increase shel li"es o

    products

    . 'emand o (edora

    abroad2 specially rom

    Pakistani:s

    li"in# outside home

    country 2where cosmetics

    are "ery e;pensi"e.

    /. Product inno"ation in

    cosmetic industry e.#

    mousse blush on

    oundations etc

    9. i#h #rowth

    opportunities in

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    THREATST1. 'eclinin# buyin# power

    o

    consumers which may

    result in less5less oten

    spendin# on cosmetics

    2. ou#h competition rom

    bi# international brands

    like 4oreal 8e"lon

    (aybeline etc

    !. ou#h competition

    rom etude in compact

    powder and ace

    powders cate#ory

    %. 8apid chan#es in

    ashion and trends re$uire

    hu#e bud#ets or marketin#

    and product de"elopment.