Categories: SWOT Analysis

SWOT Analysis of Victoria’s Secret

&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad1" id&equals;"quads-ad1" style&equals;"float&colon;left&semi;margin&colon;0px 0px 0px 0&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;<p align&equals;"justify">Strengths&comma;Weaknesses&comma; Opportunities and threat &lpar;SWOT&rpar; of Victoria’s secret company operating in clothing industry&period; It offers limited product range which includes woman undergarments and beauty products&period;<&sol;p>&NewLine;<h2>Victoria’s Secret Strengths<&sol;h2>&NewLine;<p align&equals;"justify">• They offer quality products to customers<&sol;p>&NewLine;<p align&equals;"justify">• It has been using online marketing &lpar;Internet&rpar; for marketing of their existing and upcoming products&period;<&sol;p>&NewLine;<p align&equals;"justify">• It has huge customer base due to the quality products they offer to its customers<&sol;p>&NewLine;<p align&equals;"justify">• Strong and well-known brand&period;<&sol;p>&NewLine;<p align&equals;"justify">• The marketing activities of Victoria secret are properly planned and executed which enhance brand value and increase sales<&sol;p>&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad2" id&equals;"quads-ad2" style&equals;"float&colon;none&semi;margin&colon;0px 0 0px 0&semi;text-align&colon;center&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;<p align&equals;"justify">• It has number of best models and photographers for advertising their products<&sol;p>&NewLine;<p align&equals;"justify">• Organize annual fashion shows to further improve its brand image and for their consumer knowledge regarding their products<&sol;p>&NewLine;<p align&equals;"justify">• It has international presence in following countries&colon; Canada&comma; Bahrain&comma; Kuwait&comma; UAE&comma; Poland&comma; Caribbean and UK&period;<&sol;p>&NewLine;<h2 align&equals;"justify">Victoria’s Secret Weaknesses<&sol;h2>&NewLine;<p align&equals;"justify">• It has limited number of stores&period; &lbrack;sky&rsqb;<&sol;p>&NewLine;<p align&equals;"justify">• Limited products range for woman&period;<&sol;p>&NewLine;<p align&equals;"justify">• The dress can be worn only in bars and movies etc but in real life there very few people wish to wear such dresses&period;<&sol;p>&NewLine;<p align&equals;"justify">• Victoria’s secret products have very limited market in Asian market&period;<&sol;p>&NewLine;<p align&equals;"justify">• The company focus on very little sector&period;<&sol;p>&NewLine;<p align&equals;"justify">• The size selected by the company is very limited&period;<&sol;p>&NewLine;<p align&equals;"justify">• Marketing negative image of woman&period;<&sol;p>&NewLine;<h2 align&equals;"justify">Victoria’s Secret Opportunities<&sol;h2>&NewLine;<p align&equals;"justify">• The company has top model in their sector and can have many advantages on size and models&period;<&sol;p>&NewLine;<p align&equals;"justify">• Related diversification<&sol;p>&NewLine;<p align&equals;"justify">• Open new stores on key locations&period;<&sol;p>&NewLine;<p align&equals;"justify">• Joint venture or acquisition in new markets&period;<&sol;p>&NewLine;<p align&equals;"justify">• They have limited market which can be expanding to a lot more by lunching their products to the global market&period;<&sol;p>&NewLine;<p align&equals;"justify">• It can also men brand such as profession dresses&period;<&sol;p>&NewLine;<p align&equals;"justify">• The company can develop a qualified work surroundings product line&period;<&sol;p>&NewLine;<h2 align&equals;"justify">Victoria’s Secret Threats<&sol;h2>&NewLine;<p align&equals;"justify">• Competitors offering the same products&period;<&sol;p>&NewLine;<p align&equals;"justify">• As the resource of the company are very limited and if economic downturn arise it will certainly affect the company profit&period; &lbrack;linkunit&rsqb;<&sol;p>&NewLine;<p align&equals;"justify">• The company has a lot of competitors &lpar; Frederick’s of Hollywood &comma; Maidenform &comma; La Senza &comma;Retailers like JC Penney&comma; Kohl&comma; Target &rpar;<&sol;p>&NewLine;<p align&equals;"justify">in the market&period;<&sol;p>&NewLine;<p align&equals;"justify">• Competitors offering more discounts than Victoria secret&period;&NewLine;<&excl;-- WP QUADS Content Ad Plugin v&period; 2&period;0&period;95 -->&NewLine;<div class&equals;"quads-location quads-ad3" id&equals;"quads-ad3" style&equals;"float&colon;none&semi;margin&colon;0px&semi;">&NewLine;&NewLine;<&sol;div>&NewLine;&NewLine;

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