STRENGHTS
Brand identity, cost advantage, continous business improvement.
WEAKNESSES
Low profit margins, seasonality.
OPPORTUNITIES
Diversification, expansion of local businesses, strategic cooperation with affiliated industries.
THREATS
Loss of profits due to low profit margins, e-commerce industry barriers, cyber-security issues.
SWOT analyses are used as input for the generation of possible creative strategies, using the following questions:
How can we use and exploit every force?
How can we improve any weakness?
How can you take advantage of every opportunity?
How can we reduce each of the threats?
A SWOT ANALYSIS IS ESSENTIAL TO DEFINE THE NEXT STEPS IN THE PLANNING PROCESS FOR ACHIEVING THE OBJECTIVES.