SWOT Analysis Report: Keen Fashion's Strengths, Weaknesses, etc.

This report presents a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis for Keen Fashion, a company in the fashion industry. The internal analysis examines Keen Fashion's strengths, such as a diverse workforce, excellent financial performance, and advanced technology use. It identifies weaknesses like coordination challenges and potential conflicts due to a diverse workforce. The analysis also explores opportunities, including improved communication and idea generation within teams. Threats include potential disagreements arising from diverse ideas and reduced production levels due to internal clashes. The external analysis assesses Keen Fashion's brand image, quality products, discount strategies, and customer base as strengths. Weaknesses include a lack of focus on online advertising and competition from supermarkets. Opportunities involve increased digital marketing, personalized products, and targeting the correct age group. Threats encompass tough local competition, online purchasing trends, and changing customer perceptions. The report provides strategic recommendations based on these findings, emphasizing the importance of leveraging strengths, addressing weaknesses, capitalizing on opportunities, and mitigating threats to enhance Keen Fashion's market position and business development.

Strength
1. Company have wide range of clothes
products.
2. Excellent financial performance.
3. Have diverse working force
4. Uses new and advance technology.
5. Excellent research and development
department that helps to identify needs of
customers.
Weaknesses
1. Difficult to manage team
coordination.
2. Misunderstanding
3. Not proper involvement
4. conflicts
Opportunities
1. Can improve the communication skills in
team
2. develop new ideas.
3. Diverse workforce help in speed up work
4. Better development in a team
5. Helps to gain new experience.
1. As Keen fashion provide wide range of products
and also have diverse working force that helps to
generate new ideas for the betterment of company.
2. Using advance technology into working area will
help a business to speed up the work and if the
company have diverse workforce then it also leads
to affect the productivity level in positive way.
1. By clearing misunderstanding, the Keen fashion
can easily improve its coordination and also help
to increases the working efficiency of worker.
2. Having diverse workforce will help to overcome
the problem of not proper involvement and
through this the chances of conflicts also
decreases.
Threats
1. wide range of ideas may also lead to
disagreement.
2. As conflict increases in company, reduces
the production level.
3. Some members are do not work as a part of a
company
4. Internal clashes lower down the productivity.
1. As Keen fashion have diverse workforce, then the
job responsibilities should be delegate to every one
in order to make better productivity.
2. Through better research, the company keep
engaging their employees into the working area
and this will creates positive impact upon the
productivity.
1. As team coordination is quite difficult because of
diverse workforce then it leads to creates
conflicts which is a biggest threat.
2. Due to having diverse workforce, and their new
ideas also creates conflicts among the working
area. These directly affect the production level of
the firm.
INTERNAL SWOT

Strength
1) Brand image in market.
2) Offer low and reasonable products with top
quality.
3) Offer different discount strategy and follow
competitive pricing strategy
4) Good quality own new products.
5) Have good customer base.
Weaknesses
1. Not focus on online advertising.
2. More competitor from supermarket
3. Offer old products as well.
Opportunities
1. Can increases marketing using digital
marketing.
2. Offer personalised products.
3. Media recognition and rewards
4. New and fashion trendy products
5. Target right age group people by offering
innovative products.
1. By offering personalised products at low and
reasonable rate will help a business to sustain its
brand image in market.
2. By following the discount strategy, the company
can target new customers and by offering new
and trendy products, the company can also sustain
its brand image in market.
3. By providing best quality of products and using
social media as a promotional tool will help a
business to sustain its brand image.
1. As Keen fashion have wide range of products
and by using advance technology and online
marketing will helps to gain good market share.
2. By offering new and trendy fashion products,
the company also reduce the old stock of the
products
3. By targeting right people and then offer them
new and fresh products will help Keen fashions
to overcome weaknesses of old stock .
Threats
1. Tough competition from local.
2. More purchase from online.
3. Changes perception of the customers
regarding clothes.
4. Excessive promotion of the produces
creates negative impact.
1. Having a branded fashion products with better
quality and offer them at low prices will help to
gain high competitive advantages.
2. By using advance technology and reduce the
prices of products can help a business to gain high
competitive advantages.
3. As the firm has a good customer base but it faces
tough competition from its rivals then by offering
the products service online will help a business to
raise its image.
1. By introducing new online stores and start using
online marketing also helps to increases the
competition.
2. By introducing new online store and meet the
demand of their products will help a business to
attain goals in defined manner.
3. Using competitive pricing strategy will help a
business to gain high competitive advantages.
EXTERNAL SWOT

REFERENCE
Books and Journals
Ahmed, M., 2019. Developing and Managing the Marketing Program of RISE: A
Study on a Fashion Brand.
Peterson, J., 2016. Customisation and fashion Logistics Effects of Flat Knitted
Fashion Products Using Complete Garment Technology SAMAND'OR-A Case
Study. Journal of Textile Science & Engineering, 6(1), pp.1-8.