University of sunderland programme

SWOT ANALYSIS OF AGROMIR

The SWOT analysis is a tool for assessing the advantages, disadvantages, opportunities, and threats facing a business. The acronym SWOT is made up of these words. With the use of a SWOT analysis, you can learn more about the various aspects of a business choice or strategy.

STRENGTHS

1. 
   Product success
   
2. 
   Devoted clientele
   
3. 
   World Agrarian Industry Frontrunner
   

WEAKNESSES

1. 
   Separate social media platforms for each product line
   
2. 
   Weak brand recognition
   
3. 
   Insufficient data
   
4. 
   Inconsistent posting schedules across several social media platforms
   
5. 
   failure to launch campaigns
   

OPPORTUNITIES

1. 
   Attracting Financial Backers
   
2. 
   Construction of the Agromir Building
   
3. 
   The Expansion of Internet Retailing
   

THREATS

1. 
   Fewer potential for advancement
   
2. 
   Having items that are identical to those offered by rivals
   
3. 
   Having product prices fall as output rises
   

Porter's Five Forces

The competitive rivalry factor is one of Porter's Five Forces, along with the threat of new competitors, buyer bargaining power, supplier bargaining power, the threat of new alternatives, and buyer bargaining power. This framework is useful for strategists because it provides them with the information they need to learn what factors contribute to the success of a given industry.

1. 
   The influx of new people is dangerous.
   
2. 
   Supplier leverage in negotiations
   
3. 
   Customers' ability to negotiate prices
   
4. 
   Replacements are a dangerous threat.
   
5. 
   Competition amongst sellers