SWOT Analysis: Swot Analysis Of Walgreens

A company can outperform rivals only if they can establish that it can preserve. Walgreens must deliver greater value to customers or create comparable value at a lower cost, or both. Ultimately, all differences between companies in cost or price is derived from the activities required to create, produce, see and deliver products and services such as calling on customers, assembling finally products, and training employees. Many companies focus on building relationships with their customers instead of always exclusive trying to sell them something transactional marketing. Customers who love your brand more will also spend more money with your brand. Many traditional retailers have found this to be true. A Walgreens plan was to sweep the

This makes their position in the market a strong leader. Along with their strong performance, Walgreen’s continually shows considerable growth. The corporations knows that customer service is a priority and convenience. The attractions is through the style of their stores and locations. They are built freestanding which ensures high visibility for the consumers.

Another strengths Walgreens has incorporated the customer’s feedback and what changes they would like to see in the future. Example are how items are displayed and better products are being sold at Walgreens, such as cosmetics, jewelry, and even ink for printers. I feel the biggest change to Walgreens is when they opened the health clinics that are affordable to their customers.

Walgreens is always trying new way to innovate by installing solar panels at their locations which cuts down on costs. They also use a system called RFID, which is a radio-frequency identification which allows Walgreens to watch the status of in-store displays for all the stores (Villeneuve, 2007), this will help the manager analyze the sales in real time.

Overall, Walgreens strengths have made them leaders with their customer knowledge and ability to adapt to their

These days’ people are interested in the latest technologies more than in past times. So, the demand and supply of Walgreens products will remain at high level for a long period, which in turn will have the impact on the country 's economy. Walgreens does not have to fear its competitors because they all use factories with similar cost structures and labor practices. On the contrary, they are likely to be afraid of them, since its market power and higher profitability rates provide it with the opportunity to take the initiative in changing industry practices, which other companies would be pressured to emulate the effectiveness of the system would require the two groups to play key leadership roles large better bridges between private profit and public