Coles SWOT Analysis
Here is a detailed SWOT analysis of Coles covering strengths, weaknesses, opportunities and threats.
Coles Strengths
- Coles Supermarkets command the lion's share of the domestic food and liquor market due to their long history in Australia
- Unmatched advertising and branding in the Australian retail space. It Uses patriotic slogans like ‘Proudly Australian since 1914’, along with slogans specifically framed for price conscious buyers
- Coles has very attractive pricing strategies with frequent price cuts & promotional offers from time to time
- Immensely successful promotional campaigns: eg in conjunction with Apple Computer and 12 other major suppliers, a campaign titled "Apples for Students”
- Different levels of generic brands that intend to cater to a specific type of buyer.
- Impressive online order and delivery/pickup service
- Coles has more than 800 stores & employs close to 100,000 people
Above are the strengths in the SWOT Analysis of Coles. The strengths of Coles looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Coles Weaknesses
- Negative publicity surrounding hard-line negotiation with Australian suppliers has marginally hurt the public sentiment towards Coles
- Compared to competition, the company operates on lower margins
These were the weaknesses in the Coles SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Coles Opportunities
- To seize greater control of the supply chain to funnel the produce and harvest profit at multiple point
- Geographic expansion can help Coles reach out to newer regions globally
- Sponsorship and marketing exercises can help boost business
Above we covered the opportunities in Coles SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Read more about Coles
Coles Threats
- Intense competition in the supermarket space has led to food prices plummeting to dangerously low margins
- Consumers getting confused between the different generic brands due to lack of a clear distinctive communication for each
- Due to convenience, a percentage of the buyers might opt for independents and the smaller retailers rather than Coles
- The Australian food and beverage market is constantly evolving as competitors enter with game-changing business models and ideas
The threats in the SWOT Analysis of Coles are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Coles SWOT analysis.
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About Coles
The table below gives the brand overview along with its target market, segmentation, positioning & USP
| Coles Overview | |
|---|---|
| Parent Company |
Wesfarmers Limited |
| Category |
Retail |
| Sector | |
| Tagline/ Slogan |
Quality food costs less at Coles; Proudly Australian since 1914 |
| USP |
Coles are the most advanced yet affordable Australian supermarket chain which is ‘Helping Australia Grow’ |
| Coles STP | |
| Segmentation |
Retail and Departmental Stores |
| Target Market |
Middle class and premium Australian households |
| Positioning |
Coles retail store helps you fulfill your daily needs and at the same time helps you save |
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