Ferrero SWOT Analysis
Here is a detailed SWOT analysis of Ferrero covering strengths, weaknesses, opportunities and threats.
Ferrero Strengths
- Strong Brand name worldwide
- High Customer loyalty
- Attractive packaging and quality products
- Popular subsidiary brands Ferrero Rocher, Mon Cheri, ConfetteriaRaffaello, Nutella, Kinder chocolate, Tic tac, etc.
- An employee strength of 22,000
- Globally available
- C.S.R. in the areas of renewable energy, water conservation, environment protection
- Ferrero chocolates are ideal for gifting
- Innovation and R&D
Above are the strengths in the SWOT Analysis of Ferrero. The strengths of Ferrero looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Ferrero Weaknesses
- Strong competition means limited market share
- Many chocolate brands in the market means high brand swithcing
These were the weaknesses in the Ferrero SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Ferrero Opportunities
- Introducing new varieties and flavors of chocolates
- Rise in purchasing power of people in developing countries
- Advertising on different platforms
Above we covered the opportunities in Ferrero SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Ferrero Threats
- Fear of cheaper imitations
- Health consciousness amongst people
- Unstable global economic condition
The threats in the SWOT Analysis of Ferrero are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Ferrero SWOT analysis.
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About Ferrero
The table below gives the brand overview along with its target market, segmentation, positioning & USP
| Ferrero Overview | |
|---|---|
| Parent Company |
Ferrero |
| Category |
Chocolates |
| Sector | |
| Tagline/ Slogan |
Making Quality Confection A Part Of Every Day Life |
| USP |
A global confectionery brand known for its premium chocolates |
| Ferrero STP | |
| Segmentation |
Anyone who likes chocolates and other confectionery products |
| Target Market |
All age groups, especially children and middle aged people |
| Positioning |
As a tasty and premium confectionery brand |
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