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This type of analysis is used to inform the marketing of a business having undertaken other forms of situational analysis, such as PESTLE and SWOT. Each category is analysed by responding to questions which seek to identify, for example, the components that make up each of the 5Cs (see Figure 1.8). This type of analysis is used to inform business operations as it focuses on current internal operations using data and statistics.
Categories
Areas evaluated
Judgements
Company
• Product image and branding
• Technology
• Culture
• Aims, vision
Collaborators
• Suppliers
SWOT ANALYSIS
• Stakeholders
• Distributors
Customers
• Demographic
• Where, what and why they buy
• Pricing
• Frequency and quantity purchased
Competitors
• Current and potential
• Market share
• Strengths and weaknesses of competition
Climate
• Political and environmental
• Financial: interest rates, exchange rates
• Technology
     
 
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