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Tai Pei book

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SWOT ANALYSIS<br />

STRENGTHS<br />

<strong>Tai</strong> <strong>Pei</strong> is a part of the Ajinomoto Winsor family,<br />

which is famous for focusing on innovation<br />

and technology in giving their customers better<br />

lives20-year history of delivering easy, convenient,<br />

and delicious Asian single-serve frozen entree.<br />

Provide exceptional and outstanding choices<br />

as well as flavor at an affordable price.<br />

Clean ingredients.Smart, well-designed, and<br />

convenient packaging. Innovative techniques<br />

that keep the food’s nutrition and favor, such as<br />

flash freezing, which in enables the high quality<br />

of their food.Following the principle of giving<br />

consumers restaurant quality in frozen food<br />

form.<br />

OPPOTUNITIES<br />

Asian frozen food can satisfy currentfood<br />

trends (taste, health, ease, and convenience)<br />

and demands. People like Asian food, especially<br />

Chinese food. (In a survey with 1,899 responses,<br />

80% of respondents said they like Chinese food).<br />

Millennials are looking for varying cultural cuisines,<br />

natural, convenient foods at a reasonable<br />

price, therefore,Millennials fit perfectly into the<br />

<strong>Tai</strong> <strong>Pei</strong>’s category. In addition, the Millennials<br />

population is increasing.<br />

WEAKNESSES<br />

Limited distribution network.Lack of brand<br />

awareness (60% of people are unfamiliar with <strong>Tai</strong><br />

<strong>Pei</strong>)Lack of attention paid on advertising, as well<br />

as too small of an advertising budget. Lack of<br />

promotional programs.Although <strong>Tai</strong> <strong>Pei</strong>’s goal is<br />

to provide outstanding choices at affordable prices,<br />

they are still struggling between quality and<br />

price.<br />

THREATS<br />

<strong>Tai</strong> <strong>Pei</strong> has Many large, well-established, and<br />

well-known competitors. Chinese restaurants<br />

are also a threat.The category (Asian frozen<br />

food) has high competition, compared to other<br />

frozen food categories. <strong>Tai</strong> <strong>Pei</strong> also has poor<br />

nutritional value, it is considered sugary in<br />

flavor and low in quality. People want fresh food<br />

or real Chinese food. They also worry about<br />

MSG.The consumers brand perception is a<br />

threat. Most people claimed that they have never<br />

heard about the brand. People usually have<br />

negative feeling towards new products. Since the<br />

brand is new, people are hesitant to try it.<br />

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