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SWOT Analysis:

To truly be successful in the retail industry and create a recognizable name for your brand, an
incoming brand must know its competitors well in a market where retail companies can be
found a dime a dozen. This facet is all about understanding the current state of your industry,
who your direct and indirect competitors are and what internal and external factors are at
play.

STRENGTHS WEAKNESSES

- appealing to a wide consumer base - positioning still needs


(a lot of product categories) reformatting/one outlet has all
- good quality products products (can be confusing and a
- successfully built good rapport hassle)
with customers - have not marketed cosmetics and
- has expanded into ecommerce as fragrances successfully to
new phase of growth consumers
- innovating through recessions - consumers are unaware of
Sapphire’s bedding and home
category (inefficient marketing)
- target upper middle class

OPPORTUNITIES THREATS

- positioning fragrances as an - losing customers to rival brands


opportunity for the future - their employees and talent being
- expanding into more product poached by upcoming brands
categories such as jewelry - losing market share to new brands
- introducing brand ambassadors if they do not secure loyal
- Sapphire believes every new customer base successfully
venture is an opportunity that
remains to be explored to its full
potential

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