Friday, 1 April 2011

SWOT Ananlysis: B Boutique

Strengths
·         High quality fabrics and prints
·         Use of latest digital print technology
·         Fashionable and wearable Exclusive and unique print designs
·         Fresh and fun print designs
·         Boutique brand – aspirational, specialised designs
·         Capsule collections
·         Specialised product range
·         Strong use of colour
·         Refreshing and fashion forward prints
·         Available from a variety of stockists
·         Promotional website
Weaknesses
·         Small product range
·         Small, boutique brand – only available through certain stockists
·         Only caters for sizes 8 – 16
·         Not much advertising coverage
·         Very distinct, statement prints
·         Not commercial enough for mass appeal
·         Slightly higher price points than large high street brands – too expensive
·         Quite a niche market – style, colours, age range
Opportunities
·         Raise brand profile/ customer awareness through advertising and connections to stockists
·         Increase product range
·         Explore and expand print designs
·         Open standalone stores
·         Increase stockists
·         Use innovative printing methods
·         Incorporate sustainable elements into designs

Threats
·         Competition from other boutique brands
·         Market saturation
·         Economic recession
·         Higher price points than other high street brands
·         Not able to compete with cheaper, lower quality imitations on high street
·         Not able to gain a big enough brand profile through select stockists


I have also created a SWOT analysis of the B Boutique brand, which helps show the strength of my brand and product in the market and is useful in highlighting ways in which I could imporve my brand and product.