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TOWS Analysis has been introduced to analyse the competition in the market.
SO Strategy
Strong brand recognition
McDonalds has the great strength for strong brand recognition in Sri Lanka.
Because everyone knows about the McDonalds brand name. Also
McDonalds is increasing the number of outlets in Sri Lanka.
E.g.:- Very recently it has opened a new outlet in Colombo 13.
Compare to other fast food industry in Sri Lanka McDonalds customers get
the value for the price that they pay and prices are lower than other fast foods.
E.g.:- Their Happy meal & Breakfast menu
WO Strategy
Launching new products
ST Strategy
Provide high value chain than competitors
McDonalds staffs are very keen in their work very fast too. With that they
create strong customer relationship.
E.g.:- Only on McDonalds once we order, if they cannot serve us within 3
minutes we can get the refund.
formats, having Wi-Fi facilities, children play-parks, and customers can get
any time any amount according to their needs these straw, and tissue,
because they have kept these in a separate place.
WT Strategy
Benchmark with strong competitors
McDonalds check competitors menu and they take it as a benchmark.
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Strong competitors
McDonalds has strong competition in Sri Lanka. Because before they start
their business here KFC and Pizza hut have already started their business.