SWOT Analysis Quench It

abhishreshthaa

Abhijeet S
Strengths:

 It is a unique anti-smoking product which is completely herbal and has a good taste.


 It has no side effects.


 The user wouldn’t get addicted to the chewing-gum.


 It gives proven results.


 It is the natural and safest way to quit smoking.


 Government is helping us to promote the product as it is for a social cause.


 Our Brand Ambassador, Shah Rukh Khan, a well renowned actor, who is also a chain smoker is supporting us to promote our product


Weakness:


“Quench-It” does not have any weakness.



Opportunities:

 The biggest opportunity is that “Quench-It” can capture the entire market since it is a niche market.


 After it reaches the maturity level Quintessence can capture the foreign market especially England and Canada.


 The one place where we stand different from other chewing-gum manufacturers is that we are also targeting the rural market as much as the urban one.


 Another opportunity our product has is that we can also sell our products through rehabilitation centres.

 Tie-ups with the NGOs would also help us promote our product more effectively and create a brand image of “Quench-It”.


Threats:

 The smokers who are not willing to quit smoking will never choose the product.


 The Pan-Bidi shops would be reluctant to sell “Quench-It” as they are selling cigarettes at the same point of time, so they would be in the state of confusion as to promote which product.


 As we are also launching our product in the rural market, there is a threat of the rural people not being receptive to our product as it is in the form of a chewing-gum.
 
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