SWOT ANALYSIS OF MARKETING
SWOT ANALYSIS
A SWOT analysis is a framework for knowing the internal and external factors that can make or break the success of your marketing goals.
S - STRENGTHS
W- WEAKNESSES
O-OPPORTUNITIES
T- THREATS
What is a marketing SWOT Analysis ?
Strengths
- What does our team do best?
- Why does our team do this best?
- What makes our business/product/service unique?
- How do people outside of our organization describe our strengths?
- What is our company’s greatest achievement to date?
Weaknesses
- What does our team do worst?
- Why do we feel that way?
- What are the disadvantages we have as an organization/marketing team?
- What feedback have we received from colleagues and customers regarding what we need to work on?
- What do our employees need more training in?
Opportunities
- How do we take the negative feedback we’ve had and use it in a positive manner?
- Where do our employees need more support?
- In what ways can our company take advantage of the changes affecting our industry?
- What new business or marketing ventures can our team afford to take on within the next six months?
- Is there an industry need we can meet that we currently are not?
Threats
- What obstacles do we face in production, sales, marketing, workplace environment, and other areas of our company?
- Do any of our current weaknesses negatively impact our marketing activities to the point where we may not meet our goals?
- What business practices do we employ that may hinder our success in the future?
- Do our products and services provide the same quality and satisfaction as our competitors?
- What changes in our industry should we be wary of?
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