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Based on the following SWOT Analysis for Plant-based protein products. What would be the STP? (Segmentation, Targeting, Positioning) Internal Strengths: Financial backing Capitalize on health-food
Based on the following SWOT Analysis for Plant-based protein products. What would be the STP? (Segmentation, Targeting, Positioning)
Internal
Strengths:
- Financial backing
- Capitalize on health-food market
- Healthy product that tastes great
- Health benefits
- All Natural Ingredients
- Variety of flavors for different taste-buds
- Simple, easy to eat, on-the-go snack
- Sustainably produced
- Strategic partners
Weaknesses:
- Not a lot of awareness
- Lacking brand recognition
- More expensive than granola bar snacks made with dairy and non-natural ingredients
- Unknown sales
- Availability of ingredients
- Shipping costs for ingredients for the various flavors
External
Opportunities:
- New Market
- New Supply Chain
- Local Partners
- Strong logistics and infrastructure to transport product
- Capture large consumer base regardness of age or culture
- Target audience wants to be healthy and live a healthy lifestyle
Threats:
- Since it is a new product, the lack of familiarity with the product may cause rejection
- Financing gaps
- Import/Export Delays
- Cost of raw materials
- Power of suppliers in supply chain
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