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Ford

Strengths of Ford

1. Well known brand / History
a. Henry Ford manufactured the first car
b. Entered the business world on June 16, 1903
c. American product
i. "One of the most important findings from this research is that Americans really do want to buy American brands, as long as they are competitive with the imports," said Fields.
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2. Differentiated
a. Cars: fusion, mustang, focus, five hundred, crown Victoria, freestar, GT
b. Crossovers: Edge, Freestyle, Taurus X
c. SUV: Explorer, Expedition, Escape, Escape Hybrid
d. Trucks: Ranger, F-150, Super-duty, E-series
3. Cars have good reviews
a. Reliability
b. Cars are moderately priced
c. Quality
4. New "Bold Moves" marketing plan
a. Bold Moves Anthem
b. Bold Product Commercials
c. Kelly Clarkson Summer Tour
d. Original TV Programming
5. Incentives and financing
a. Great Offers on Fusion
b. Great Vehicles- Great Prices!
c. Ford Military Appreciation Program
6. Offers hybrid / environmental friendly cars
a. Escape Hybrid was the first hybrid-powered SUV available in the United States
b. Drives just like a regular Escape
Opportunities
Opportunity is a crucial step in the SWOT analysis. It deals with the external environment of a corporation. Opportunities play a key role in the continuing success of Ford. Without future opportunities the company would not be able to keep itself current and may end up worse off then it already is. An opportunity is an idea for a new product or service with a market that is willing to pay for that product or service so that it can form the basis of a profitable business.
According to Entrepreneur magazine there are four approaches where new opportunities may be. The first one is to tap the countertrend, which means to attempt to start a trend that is completely opposite of the current trend. The company may shock people and in the process could gain free...