Wednesday, August 28, 2013

Situation or SWOT Analysis



A strength my product has is it is unique to the market and it appeals to young men. The sense of humor that comes along with the packaging and the overall concept would make my product a hot commodity amongst the younger generation of males. Along with the packaging, my product will create discussion and memories which will persuade consumers to buy more “Fortune Nookies”, possibly becoming a tradition for young men every time they go out to drink with the “fellas”. A possible weakness would be the target market. The males only approach could possibly alienate women. On the flip side, the exclusivity of “Fortune Nookies” could become a great gift idea for men. Women could purchase this product which would promote more “guys night out”. Opportunities “Fortune Nookies” could create are producing revenue within sports bars, strip clubs, and even man caves. “Fortune Nookies” could be sold anywhere guys would want to hang out and could create a sort of partnership within these businesses.     

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