Monday, September 12, 2016

Chapter 2 - Strategic Planning for Competitive Advantage

M.A.C SWOT Analysis 
Strength:
  1. High quality products
  2. Leader in cosmetic industry with a strong brand image 
  3. Sold in over 200 locations in 15 different countries 
  4. Socially responsible/ Eco friendly 
  5. Donates to charities 
Weakness:
  1.  Limited awareness with the public 
  2. More expensive than competitors
  3. Products don't have a wide range 
  4. Limited media outreach 
                                           Image result for mac cosmetics

Opportunities:

  1. Maintain brand loyalty to costumers 
  2. Increased brand reach globally 
  3. Sold through retailers websites 
Threats:
  1. Competition online 
  2. Cheaper brands that are seen as equal 
  3. Retailers sell other brands as well 
  4. high end competition 

     

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