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Swot Analysis Of The Cheesecake Factory

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Many people may have heard of The Cheesecake Factory, however most people have never had the chance to dine at one nor aware of such an establishment. This shows that there is room to grow and certain target markets The Cheesecake Factory can aim for. Unfortunately, The Cheesecake Factory has many competitors because it competes in the casual dining space within the restaurant industry. There are many competitors in this industry that have been in business longer than The Cheesecake Factory and also have a larger customer base than The Cheesecake Factory. Some competitors for The Cheesecake Factory are Applebee’s, Longhorn Steakhouse, Olive Garden, and Red Lobster just to name a few. However, the real competitors for The Cheesecake Factory …show more content…

The Cheesecake Factory has a number of competitive advantages like a variety of menu options, the impeccable food quality, the great staff and general atmosphere of the restaurant, and although the food might be a little expensive, but the value for the food is incredible. If The Cheesecake Factory can increase the number of restaurants both nationally and internationally, then the competition will become even more intense between Darden Restaurants, DineEquity Inc. and The Cheesecake …show more content…

Currently, The Cheesecake Factory’s competitors only offer western style meals and desserts and majority of South Asian restaurants is operated on a small scale mainly by family businesses. This alternative has numerous pros with limited amount of cons. The first pro is that this strategy would increase revenue and customer base immensely. Second, it would greatly differentiate The Cheesecake Factory from its competitors. Also, there not many businesses are not penetrating the market for South Asian meals. The Cheesecake Factory could implement this alternative with ease because they have the required infrastructure to implement and only a small investment is required for this strategy. Another pro for this alternative would reduce the dependence from western meals and it would allow The Cheesecake Factory to build a new brand image. The last pro for his alternative is that international dishes have a very high profit margin because consumers are willing to pay premium

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