I was looking for a video to use to help my our team understand SWOT in its simplest form and this was perfect! I stumbled through about 7 videos before i found this. Very good!
Hello William! The budget gym chain offers lower pricing to customers as well as having more modern equipment. In terms of the strategic choices of Porter, the budget gym chain outperforms Muscle Power Gym both on the dimension of cost leadership (they go for high volume and low price to customers) as well as differentiation (superior customer experience). In terms of "price-quality" relationship of the offerings, Muscle Power Gym could be perceived as high price low quality, while the budget gym chain would be low price high quality. Low quality low price could compete with high quality high price, in terms of customer segmentation, but the above combinations are "toxic" for Muscle Power Gym. Furthermore, the threat of technology (phones, apps, earbuds) neutralizes the strength of the "personal approach" at Muscle Power Gym. The threats combined are so strong that they form an existential risk for Muscle Power Gym, not just a "modest" risk.
Thank you! It's simply PowerPoint with voice-over, exported to a video format. See my tutorial on how to make a RUclips video using PowerPoint: ruclips.net/video/iIMmS-5W3v4/видео.html
I was looking for a video to use to help my our team understand SWOT in its simplest form and this was perfect! I stumbled through about 7 videos before i found this. Very good!
Wow, so happy to hear that, Garrik! Thank you very much for watching and commenting, and please share the video widely. 🙂 Happy to help!
The best SWOT explanation Ive ever seen!!!!
Thank you! :-)
Excellent, fundamental explanation of SWOT analysis!
Thank you very much, Sara! I agree.
You might want to watch this ruclips.net/video/T1pA2TFEIkU/видео.html
Great explanation of its proper usage, good job!
Thank you very much, Jack! Yes, go beyond just the narrative.
I need a little further explanation on how you decided the last quadrant was concave and not linear.
Hello William! The budget gym chain offers lower pricing to customers as well as having more modern equipment. In terms of the strategic choices of Porter, the budget gym chain outperforms Muscle Power Gym both on the dimension of cost leadership (they go for high volume and low price to customers) as well as differentiation (superior customer experience). In terms of "price-quality" relationship of the offerings, Muscle Power Gym could be perceived as high price low quality, while the budget gym chain would be low price high quality. Low quality low price could compete with high quality high price, in terms of customer segmentation, but the above combinations are "toxic" for Muscle Power Gym. Furthermore, the threat of technology (phones, apps, earbuds) neutralizes the strength of the "personal approach" at Muscle Power Gym. The threats combined are so strong that they form an existential risk for Muscle Power Gym, not just a "modest" risk.
I'm impressed! I saw one from vioptima before. This is not as visual but the explanation is superb!
subscribe! thanks for making this
Glad to hear that! Thank you for watching and commenting!
Amazing work !!
Can you please tell which software you use for writing and making all these videos
Thank you! It's simply PowerPoint with voice-over, exported to a video format. See my tutorial on how to make a RUclips video using PowerPoint: ruclips.net/video/iIMmS-5W3v4/видео.html
Thanks so much man👍🏼
Analysis to Build Awareness.like Strengths and Weaknesses
Yep. Know thyself...
Thank you
Welcome!