Strengths: Victoria's Secret is currently utilizing all their social media platforms in order to make the brand more accessible to their customers. They are extremely active on Facebook, Twitter, YouTube, Pinterest, LinkedIn, and Instagram. They also utilize television commercials and catalogs in order to reach their customers who are not "tech savvy." By Victoria's Secret participating in traditional and digital advertising, they are impacting a larger audience. Also, the company has a huge strength in the number of stores that they have. The large amount of stores that they offer are able to reach a large consumer base. Lastly, they are a well-established brand, so their name is already renowned in the market.
Weaknesses: One of the main weaknesses associated with Victoria's Secret is that all of their products are not offered at all locations. More than half of what Victoria's Secret sells online cannot be found in stores. This is a major inconvenience for their customers. Victoria's Secret stores do not sell clothing, shoes and accessories that are offered online. If their product selection were offered at all locations, the customer would have an easier and more predictable shopping experience.
Opportunities: Victoria's Secret currently does not have many international stores. This is a huge opportunity for their accessibility. A lot of people from around the world come to the United States to shop at Victoria's Secret. It would benefit the company tremendously if they made international stores for their loyal customer base. For countries that do not have a Victoria's Secret store, they have to shop online. However, shipping costs are tremendously high and Victoria's Secret does not even ship to some countries.
Threats: Victoria's Secret does not have the sizing options like other lingerie stores such as Lane Bryant. This is a huge threat to the company because they are forgetting a huge market segment that they could be selling products too. Stores like Lane Bryant take possible Victoria's Secret loyal customers because of this issue. I believe that Victoria's Secret needs to expand their sizing options and look into what their customer is actually looking for.