SWOT ANALYSIS OF T.G.I FRIDAY

Description
SWOT ANALYSIS OF T.G.I FRIDAY

T.G.I. Fridays

Parent Company

T.G.I. Friday's

Category

Fast Food Eating Joints

Sector

Food and Beverages

Tagline/ Slogan

In here it’s always Friday

A casual dining restaurant serving good quality American food and USP alcoholic beverages STP

Segment

People looking for a casual dining restaurant to hang out with friends

Target Group

Middle and upper class people from urban areas

A casual dining restaurant serving alcohol and tasty food, where Positioning people can enjoy every day as they would on weekends SWOT Analysis

1. A popular brand name and brand popularity 2. Separate menus for lunch, dinner, fast food and alcohol 3. Nearly 1000 locations worldwide 4. CSR activities in the field of hunger, education, etc. 5. Customer engagement program like ‘Give me more stripes’ 6. Perceived as a fun place with good food, good drinks and good music 7.Successful marketing strategies like ’World Bartender Strength Championship’

1.Expensive 2.Less advertising compared to competitors Weakness 3.Lack of menu items for the health conscious people

1.Agressive advertising 2.Expansion in the untapped markets 3.Increase in purchasing power of people in developing countries, Opportunity leading to improvement of their lifestyle

1.Fluctuations in the price of raw materials 2.Global economic instability Threats 3.Health consciousness amongst people Competition

1.Local casual dining restaurants 2.Applebee's 3.Olive garden Competitors 4.Outback steakhouse



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