Tai Pei book
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
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 />
3