Outline The report will put light on the supermarket chain Sainsbury's, its history, products, market segment and outlets. Systematic SWOT analysis which includes strength, weakness, opportunities and threats of the supermarket chain will also be determined and recommendations to the chain will also be highlighted.
INTRODUCTION •Sainsbury'sisthesecondlargest supermarket chain in UK. James with his wife started it in 1869 as a fresh food retailer and in 1922 they incorporated into a private company. Introduced self-service shop in 1956. •After their decline between 1992 and 1998 they again relaunched and also took over manyretailers.Ithasprocessedfood, groceriesitems,bakeryitems,clothing range, kitchenware etc. •It has segmented its market according to psycho graphic variables.
SWOT analysis of Sainsbury's SWOT analysis is a technique to analyze and identify the internal and external factors that impacts the functioning of the organization. FollowingistheSWOTanalysisof Sainsbury's: Strengths •Sainsbury's took right expansion moves as it expanded from small grocery stores to convenience store to supermarkets that cater customer's day to day needs. •Adopts innovative promotional strategies like ones that pitch the brand directly against the competitors.
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CONT.. Opportunities •Openingnewventuresbecauseof government free trade agreement. •By adopting online technology and platforms it has able to capture new customers over the years. Investment in these channels has add on to their sales by knowing customer better and serving their needs using big data analytics. Weakness •With advancement of online retailers the competition has grown in this industry and in order to attract customers Sainsbury's has to keep prices low and cut down costs which leads to low margins. •As there are other players in the market so Sainsbury's has a risk as customers can switch even after loyalty programs and heavy promotions.
CONT.. Threats •One of the greatest threat Sainsbury's has is intense competition in grocery and retail segment. The main competitors are Asda, Tesco, Morrisons etc. •Availability of skilled workforce is also a threat to Sainsbury's RECOMMENDATIONS •Sainsbury's can go digital and place its products at other platforms too and also introduce attractive offers like buy 2 get 2 free to clear their stocks.
REFERENCES Books and journals Gürel, E. and Tat, M., 2017. SWOT analysis: a theoretical review. Journal of International Social Research, 10(51). Sarsby, A., 2016. SWOT analysis. Lulu. Com. Online Bhasin, H., 2019. SWOT analysis of Sainsbury. [Online]. Accessed through<https://www.marketing91.com/swot-analysis-of-sainsbury/>
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