Cheesecake Factory Competitive Advantages and Disadvantages Essay Example
Cheesecake Factory Competitive Advantages and Disadvantages Essay Example

Cheesecake Factory Competitive Advantages and Disadvantages Essay Example

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  • Pages: 3 (678 words)
  • Published: May 24, 2017
  • Type: Case Study
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The Cheesecake Factory boasts profits and productivity in a SWOT analysis with their strengths and weaknesses. To remain successful in a business, the company has to be aware of the strengths and weaknesses. This business started out back in the mid-twentieth century with great production and marketing skills that Oscar and Evelyn Overton achieved together.Unfortunately, the company struggled, when there were not enough money, workers, and product to help the business during those early years.

Today there are strengths and weaknesses that the Cheesecake Factory currently may encounter in the company. According to the Cheesecake Factory website, “The start of The Cheesecake Factory started with her original recipe for cheesecake by Evelyn Overton. By the 1940’s she opened her own small cheesecake shop in Detroit”. In 1978, their son David founded the Cheesecake Factory restaurant in Beverly Hil

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ls, California.Just over 30 years later with close to 170 locations, the success of The Cheesecake Factory has even surpassed the Overton’s wildest dreams making The Cheesecake Factory a great American success story”.

This business has grown tremendously since the 1940’s with the profits and productivity as well as the competition. The Overton has started out as a partnership, now it is a successful franchising business sparingly throughout the world with a competitive advantage. COMPETITIVE ADVANTAGE 3During the first months of this 2013, the Cheesecake Factory has strengths and weaknesses that had an impact on the company overall. In examined the Cheesecake Factory strength on restaurantnewsresource.

com (2013) stated, “In the beginning of this year compared to last year there was a 27. 2 million difference of fiscal”. Those numbers are great considering it to encourage growth, boost

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employment, and curb inflation. An strength and weakness the Cheesecake Factory encountered on restaurantnewsresource. om (2013) printed, “Comparable restaurant sales at the Cheesecake Factory and Grand Lux Cafe increased 1.

4% in the first quarter of fiscal 2013, but were negatively impacted by approximately 0. 6% due to storms in the Northeast. Excluding this weather impact, comparable restaurant sales increased 2. 0%.

Economically this was a weakness for the company, 0. 6% fiscal in the Northeast storms”. Another strength the Cheesecake Factory possesses on restaurantnewsresource. om (2013) has Chairman and Chief Executive Officer David Overton replies with, “Our performance in the first quarter demonstrates the strength of our restaurants domestically, as well as globally, with the initial licensed Cheesecake Factory restaurants in the Middle East performing at very high levels”. Their marketing environment is a strength that expanded very well to satisfy their loyal customers.

The marketing mix is wonderful, they were just advertising at the locations, radio, internet, etc. about half off on cheesecake on July 30, 2013 for a sale promotion.Two years back they begin offering the calorie counting (SkinnyLicious) menu for those who were eating healthy to watch their weight. COMPETITIVE ADVANTAGE 4 The Cheesecake Factory can use their strengths to become competitive by continuing to serve the customers with the great food, beverages, and service they provide.

The SkinnyLicious menu was a helpful and popular idea to add with their many choices on their menu. The curbside service they offer is a great way to serve customers on the go. This would be effective because the company itself is very rare with the food and drink selections n one setting or

curbside service. The SkinnyLicious menu is great for the calorie counters and encouraging the other participants to eat healthy as well. This company is very corporate so including karaoke, comedian segments, or music band (jazz) is a weakness that would be effective because it would draw more customers in besides the food, enjoy entertainment while eating.

There all demographics that they serve, so gatherings for any occasions would be great with entertainment to enjoy. Having entertainment would help the atmosphere to be more enjoyable yourself or with a group.Considering the strengths and weaknesses of the Cheesecake Factory, the company exhibits many positive qualities from which others companies can learn. Although the Cheesecake Factory has several weaknesses, the owners have been able to overcome those challenges to establish a strong, prosperous global business. Even though companies have strengths and weaknesses, you can a successful business.

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