After
conducting the SWOT analysis, we have determined the strengths, weaknesses,
opportunities, and threats that should be focused on. “Managing
the marketing function begins with a complete analysis of the company’s
situation. The marketer should conduct a SWOT analysis by which it evaluates
the company’s overall strengths (S), weaknesses (W), opportunities (O), and
threats (T).” Marketing An Introduction, Armstrong/ Kotler Page 55. Strengths include a big
opportunity for more products, this will offer some major growth in the
company. Next are the lower prices we offer with every bag purchased from
Delicious Delights. Our biggest weakness seen is the lack of international
operations we possess. In the year to come we will push to branch out all around
the world. With the public focus on the Philippines, it's a big opportunity to
spark a public interest in Delicious Delights to boost and greatly expand the
company some more. The changing seasons will also be of some assistance to
provide limited time special flavors. Last are the threats against the company.
Our biggest is our rival snack, Muddy Buddies and the possibility of future
snacks that will raise the competitive market. “Sales decline
for many reasons, including technological advances, shifts in consumer tastes,
and increased competition.” Marketing An Introduction, Armstrong/Kotler Page
263.
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