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Could you please elaborate the bullet points mentioned below for my research paper in detail. Yeti Company's SWOT Analysis Strengths: Strong Brand Reputation High-quality and
Could you please elaborate the bullet points mentioned below for my research paper in detail.
Yeti Company's SWOT Analysis
Strengths:
- Strong Brand Reputation
- High-quality and durable products that meet the needs of outdoor enthusiasts
- Innovative product designs that address the pain points of consumers
- Strategic partnerships with well-known figures in the outdoor industry
Weaknesses
High price points that limit accessibility to some consumers
Limited product line beyond coolers and drinkware
Dependence on the North American market
Limited distribution channels
Opportunities:
- Raise Brand Awareness:
- Expanding product line:
- Entering new markets:
Threats:
Increased competition:
Economic downturns:
Fluctuations in raw material costs:
Counterfeiting
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