(To save this template, click File, Save As, and choose your destination folder) S.W.O.T. Template Sales & Marketing S.W.O.T.—A new use for a traditional tool The S.W.O.T. Analysis, where you evaluate your Strengths, Weaknesses, Opportunities, and Threats, is well known in the business planning process. Many companies use this method during strategic planning exercises as a way to form strategies and make decisions on new business ventures or initiatives. It is powerful because it looks at both internal (strengths, weaknesses) and external (opportunities, threats) forces. As powerful as the S.W.O.T. Analysis is for business planning, it is equally powerful in sales and marketing decision-making. By employing this traditional tool to each of your sales and marketing activities, you can take advantage of your strengths, uncover new opportunities, minimize your weaknesses, and eliminate your threats in amazing ways. That is, however, only if you can be objective. Otherwise, the exercise falls flat. While the S.W.O.T. Analysis can be applied to decisions about business planning, product development and other strategic decision-making tasks, consider using it for the following two sales and marketing activities: Deciding Marketing Vehicles: Use the S.W.O.T. Analysis to evaluate each marketing vehicle in your marketing plan. This will allow you to focus marketing efforts on the vehicles where you have the most advantage or opportunity and the most minimal amount of weakness or threat. Developing Sales Presentation/Proposals: Apply the S.W.O.T. Analysis to the development of each of your sales presentations and proposals. Be sure to focus the analysis on evaluating each section based on issues specific to the customer you are pitching. As you approach your S.W.O.T. Analysis, consider the following questions. Strengths: What advantages does your company/product have that no one else has? What makes you most unique? Focus on those things that make your offer most compelling to a prospect or customer. Weaknesses: Where can you improve? Where have you made mistakes in the past? What do you not have that other companies/products in your industry have? Focus on those things that most detract from your offer. Opportunities: What trends lend to your strengths? What is the potential “expansion” potential over time? Opportunities are external factors that represent why your company exists or should/can growth. Threats: What challenges do you face? What are your competitors doing? What is the overall competitive landscape? Threats are external forces that could impact your success, such as competition, operational capacity, cost of goods increases, etc. No matter the purpose, using the S.W.O.T. analysis can force thoughtful, strategic, and creative thinking. And, when used properly, the S.W.O.T. Analysis not only helps you identify your strengths, weaknesses, opportunities, and threats, but it also helps you determine your strategies for addressing each. Integrating the magic of marketing with the science of sales. Go-To-Market Strategies | inforequest@gtms-inc.com| www.gotomarketstrategies.com Insert Your Logo Here [Enter Company Name] S.W.O.T Template S.W.O.T. Purpose: [Enter the key purpose of your S.W.O.T. Analysis. i.e. business planning, company/product brand positioning, marketing activity, sales proposal development, etc.] Instructions: Replace the placeholders indicated as brackets […] or <…> with your own information. When finished, highlight and delete the tips in parentheses, apply your letterhead template or follow ours by updating the header/footer with your information and you will have a finalized S.W.O.T. Analysis. If you have questions about this template, contact us at 206-547-2322 or inforequest@gtms-inc.com. Or visit www.gotomarketstrategies.com for more information about Go-To-Market Strategies. TIP: Enter your strengths, weaknesses, opportunities, and threats below, and consider what your strategies will be in response to each. Add rows as necessary. Make sure each entry pertains to the specific purpose of your S.W.O.T. Analysis! STRENGTHS [Enter Strength] [Enter Weakness] [Enter Strength] [Enter Weakness] [Enter Strength] [Enter Weakness] [Enter Strategy] Strategies for minimizing weaknesses: OPPORTUNITIES [Enter Strategy] THREATS [Enter Opportunity] [Enter Threat] [Enter Opportunity] [Enter Threat] [Enter Opportunity] [Enter Threat] Strategies for leveraging opps: [Enter Strategy] SWOTTemplate.doc Prepared by: EXTERNAL Strategies for using strengths: INTERAL WEAKNESSES Strategies for eliminating threats: [Enter Strategy] www.gotomarketstrategies.com © 2001-2008 Go-To-Market Strategies, Inc. All Rights Reserved. Insert Your Logo Here ADDITIONAL RESOURCES FROM Go-To-Market Strategies: The Sales and Marketing Toolkits BUNDLED contains both The Marketing Toolkit™ and The Sales Toolkit™. Over 60 sales and marketing templates (DOC, XLS, PPT, and PDFs) Includes: Marketing Planning Questionnaire, Strategic Marketing Plan, Channel Management Checklist, Marketing ROI Calculator, Customer Lifetime Value Tool, "I just wanted to compliment you Sales/Marketing SCORECARD, Marketing Plan Audit, on an excellent tool. I have been Marketing Budget, S.W.O.T. Analysis, Brand Workshop, using it for a few months now Brand Strategy, Positioning Worksheet, Corporate Brand Book, Brand Perception Survey, Product Definition and and find it invaluable when going Launch Plan, Product New Feature, Request Form, through what needs to be done." Brochure Copy, Case Study, White Paper Guide, Website Requirements, Website Functional Specification, Website "Thank you! I have to say that Content Specification, Website Audit, Press Kit, Press your products are great! I Release Template, Lead Qualification Checklist, Tradeshow purchased the Sales & Marketing Planning Checklist, Email Campaign Checklist. Email Toolkits BUNDLED and find them Metrics, The Direct Mail Guide, Sales Plan, Sales Process, to be an amazing source as our Channel Management Checklist , Sales Training Manual , Sales Compensation Plan, Sales Team Evaluation , Pipeline business grows." Management Tool, Sales Interview Kit, Competition Matrix, Sales Proposal, Bid/Proposal Checklist, Sales Introduction Letter, Sales Presentation, Daily Call Activity Report, and MORE. Full of "how-to" articles and examples 8 Training sessions (MP3 audio files) for your computer or iPod www.gotomarketstrategies.com SWOTTemplate.doc Prepared by: www.gotomarketstrategies.com © 2001-2008 Go-To-Market Strategies, Inc. All Rights Reserved.