Columbia Sportswear is a sportswear and sporting equipment manufacturing American multinational company. The sportswear brand started its business in 1938. Today, we’ll discuss the SWOT analysis of Columbia Sportswear; it outlines strengths and weaknesses; opportunities and the threats that the company has to face; as a business strategy analysis example company.
Products and services portfolio of Columbia Sportswear
- Sportswear
- Outwear
- Ski apparel
- Accessories
- Camping equipment
- Headgear
- Footwear
Brands of Columbia Sportswear
- Prana
- Mountain Hardware
- Sorel
- Columbia
Statistical facts and figures of Columbia Sportswear
- Annual revenue: 3.48 billion USD (2023)
- Net income: 0.33billion USD (2023)
- Employees: 9459
- Network: 449stores
Competitors of Columbia Sportswear
- Delta Apparel
- The North Face
- Canada Goose
- Adidas
- Patagonia
- Eddie Bauer
- Under Armour
- Nike
The SWOT analysis of Columbia Sportswear would analyze the internal strengths and weaknesses of the company; and external opportunities and threats that the brand has to face. Here’s Columbia Sportswear SWOT analysis as a business strategy analysis example company as follows;
Strengths of Columbia Sportswear
Some of the main internal strengths in the Columbia Sportswear SWOT analysis example company as business strategy analysis are as follows;
Large Network
Columbia Sportswear has established a very large market network comprising approximately 450 stores. According to an estimate, the company is operating its business in 77 countries across the world. The large market network helps the company to target various segments of the customer market and increase its sales.
Recognized Brand
Columbia Sportswear is a well-recognized brand name in the sportswear equipment market. The company has been operating its business in the sportswear industry for the past 8 decades. The strong legacy and experience help the company to target various segments of the customer market.
Portfolio
Columbia Sportswear has a very large sportswear product portfolio comprising headgear, sports equipment, apparel, footwear, and others. The large product portfolio helps the company to target various segments of customers with different sports needs and requirements.
Marketing
Columbia Sportswear is highly proactive in running unique digital marketing and advertisement campaigns. They’re like influencer marketing, paid-per-click, search engine marketing, and others. However, it helps the company to promote its products and brands.
Forward & Backward Integration
Along with retail chain stores, Columbia Sportswear has complete control over the entire production and manufacturing operations. It helps the company to achieve economies of scale and reduce the per unit cost and it increases the overall profitability of the company.
Weaknesses of Columbia Sportswear
Some of the main internal weaknesses in the Columbia Sportswear SWOT analysis example company as business strategy analysis are as follows;
Limited Market Share
Columbia Sportswear has a limited market share as compared to its competitive brands like Nike and Adidas. The limited market share of the sportswear brand limits the company’s growth and development opportunities.
Low Brand Recall Rate
The marketing budget of the sportswear brand is very low compared to other competitive brand. It decreases the brand recall rate, and that’s why Columbia Sportswear is not as popular as the other sportswear brands.
Opportunities for Columbia Sportswear
Some of the main available opportunities in the Columbia Sportswear SWOT analysis example company as business strategy analysis are as follows;
Market Expansion
Columbia Sportswear should expand its sportswear business market into new regions, countries, and markets across the globe. The market expansion of the sportswear business would help the company to increase its revenue, network, and profitability.
Portfolio Expansion
Along with market expansion, Columbia Sportswear should expand its sportswear product portfolio by launching new product lines. It allows the company to increase its market network and target new segments of the customer market.
Marketing
Columbia Sportswear should increase its marketing and advertisement budget in order to increase the product and brand recall rate. Running advertisement campaigns and employing multiple media channels would help the company increase its customer market reach and influence.
Strategic Alliance
Columbia Sportswear should develop strategic alliances and partnerships with other sportswear brands. The joint venture and collaboration of intellectual resources would help the company to develop unique designs and better-quality products.
Threats to Columbia Sportswear
Some of the main potential threats in the Columbia Sportswear SWOT analysis example company as business strategy analysis are as follows;
Tough Competition
Columbia Sportswear is facing tough competition from competitive sportswear brands like Nike, Adidas, Patagonia, and Under Armour. They all have established a strong brand name in the sportswear industry and a loyal database of customers. Their market presence is negatively impacting the sales and growth of the brand.
Economic Recession
Sport is a luxury for the fully developed societies. The global economy is going through the recession phase due to various political and international issues. When people have limited income, they won’t spend it on luxury sportswear products, instead, they prefer daily necessities of routine life.
Conclusion: Columbia Sportswear SWOT Analysis Example Company |SWOT Analysis of Columbia Sportswear |Business Strategy Analysis
After an in-depth study of the swot analysis of Columbia Sportswear; we have realized that Columbia Sportswear is the world’s leading sportswear brand. If you are learning about Columbia Sportswear SWOT analysis example company; then you should keep in mind the abovementioned internal strengths and weaknesses; external opportunities and threats as brand strategy analysis.
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Ahsan Ali Shaw is an accomplished Business Writer, Analyst, and Public Speaker. Other than that, he’s a fun loving person.