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Fitbit Swot Analysis Essay

Decent Essays

Product Strategy
In 2007, when Fitbit was founded, they immediately established a strong brand name and positioned itself a frontrunner in the fitness tracking industry. Ten years later and they still manage to take the lead in the fitness tracker industry by taking the fitness world and continuously updating it to the latest technology. What makes Fitbit stand out among the competitors is their innovative, interactive, and stylish approach. They capitalize on health and wellness trends to attract a wide range of consumers including fitness enthusiasts to workout novices. Recently they are now capitalizing on recent technology trends as well by introducing the new fitness oriented smart watches. Apple is Fitbits biggest competitor right now and Apple is unfortunately expected to begin taking the lead soon.
Some improvements Fitbit could make to better the quality of their trackers include beginning with a waterproof wrist band opposed to a water resistant. The water proof would cause the consumers to feel more secure about using the product throughout the day regardless of the circumstances. The more convenient a product is and the easier to maintain, the more likely the consumer is to keep up with it. So if it is raining outside, taking off your watch would …show more content…

The newer Fitbits such as the blaze and the ionic both have glass screens. They are very fragile and many people have reported them cracking when the device is dropped, or hit against a hard surface. The less likely the consumer is to replace the product, they more likely they are to invest in making a larger purchase, such as the higher quality Fitbits that also have a glass screen feature. Apple watches have a screen protector that lays on top of the glass, therefore to keep up with competition, Fitbit should invest in product testing and research to prevent a consumer's little mistake from breaking a device

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