10. SWOT Analysis of TAG
Heuer
Strength Weakness
• High Revenue
• Brand loyalty and
quality
• Customer service
• Brand Ambassadors
• High brand recall
StrengthStrength
• Brand portfolio
• High loan rates are
possible
• Limited market
• Heavy brand clutter
• High price
11. OPPORTUNITY
• Fragment market
• New technology
• Innovation
• Growing economy
• High growth in the
luxury watches
Threats
• Government
regulations
• Increasing rates of
interest
• Rising cost of raw
materials
• Technological
problem
• Price changes
•Increasing rates of interest
Rising cost of raw materials
12. BCG matrix of
TAG Heuer
• Cash cow- Carrera Calibre 1887
• Question mark- Aquaracer 300m
• Star- Formula 1 Chronograph
• Dogs- Link 40mm
13. Porter’s Competitive Five Forces Model of
TAG Heuer
1. Threats of new entrants:
New entry of competitor.
2. Threats of substitute:
Rising demand of similar product.
3. Bargaining power of buyers:
Power of customer bargain the price.
4. Bargaining power of supplier:
Power of supplier to rise their price.
5. Current rivalry:
Increasing completion to reach market top.
14. TAG Heuer
Marketing Strategies
Business level strategy:
Differentiation strategy
Focus market
New innovation
Corporate level Strategy:
Unrelated diversification strategy
Expand their focus market
Reach other country
16. Recommendation
Organizational Strengths to Environmental Opportunities:
New innovation
Applying growth strategy
Correcting weaknesses and guarding against threats:
Expand globally
Changes in target market
Low price
Strategies:
Increase their productivity
More online marketing