Marketing Tips: What is SWOT Analysis?

marketing plan Oct 26, 2022

SWOT Analysis is a strategic planning tool used to evaluate the Strengths, Weaknesses, Opportunities, and Threats facing a business or project. You can do a general SWOT analysis for your business or do just a marketing SWOT analysis. Usually, these intersect anyway for your business. 

It can be used to help make decisions about everything from product development and marketing strategies to corporate restructurings and mergers & acquisitions.

The goal of SWOT Analysis is to identify the key internal and external factors that will have the biggest impact on a company's ability to achieve its objectives.

Once these factors have been identified, they can be used to develop strategies that will capitalize on the company's strengths, minimize its weaknesses, take advantage of opportunities, and avoid or mitigate threats.

While SWOT Analysis is often thought of as something that is only used by large businesses, it can be just as helpful for small businesses and even...

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PODCAST: Hack My Business-The Recipe For Marketing Your Small Business

Golden State Marketing
PODCAST: Hack My Business-The Recipe For Marketing Your Small Business

I had the pleasure of being interviewed for the Podcast: Hack My Business with Jesse Torres. Listen in!  

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