Synovus SWOT Analysis

Synovus SWOT Analysis

Strengths

Cost Advantages (Synovus) Lower costs lead to higher profits for Synovus. A low cost leader can undercut rivals on price…
Economies of Scale (Synovus) Economies of scale is the cost advantages that Synovus obtains due to size. The greater the volume,...
Customer Loyalty (Synovus) When given a choice, customers are loyal to Synovus. Instead of targeting all customers, Synovus...
Brand Name (Synovus) A strong brand name is a major strength of Synovus. This gives Synovus the ability to charge higher...

Weaknesses

Customer Service (Synovus) Weak customer service hurts Synovus’s reputation and causes customers to flee to competitors, who...
Lack of Scale (Synovus) A lack of scale means Synovus’s cost per unit of output is very high. Increasing volume, while...
Weak Brand (Synovus) A weak brand means Synovus can’t charge the same prices for goods and services as their competitors,...

Opportunities

New Technology (Synovus) New technology helps Synovus to better meet their customer’s needs with new and improved products...
New Markets (Synovus) New markets allow Synovus to expand their business and diversify their portfolio of products and...

Threats

Intense Competition (Synovus) Intense completion can lower Synovus’s profits, because competitors can entice consumers away with...
Bad Economy (Synovus) A bad economy can hurt Synovus’s business by decreasing the number of potential customers…
Govt Regulations (Synovus) Changes to government rules and regulations can negatively affect Synovus…
Substitute Products (Synovus) The availability of substitute products hurts Synovus’s ability to raise prices, because customers...
Political Risk (Synovus) Politics can increase Synovus’s risk factors, because governments can quickly change business rules...

Synovus SWOT Analysis Profile

Additional Information

What is a SWOT Analysis? It is a way of evaluating the strengths, weaknesses, opportunities, and threats that affect something. See WikiWealth's SWOT tutorial for help. Remember, vote up the most important comments. Check out WikiWealth's entire database of free SWOT reports or use our SWOT analysis generator to create your own SWOT template.

SWOT Conclusion

Strengths + Opportunities = 7

Threats + Weaknesses = 8

Be the first to write a conclusion… … The ability to capitalize on opportunities get rewarded with higher profits and lower costs.

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