SWOT Analysis of the Habari App
Habari App was the first mobile platform in Nigeria created by a financial institution that focuses on enabling people’s needs and lifestyles rather than providing a limited bouquet or regular banking products.
It was a one-stop shop for everything lifestyle, chatting, payment and fun.
The application, which is now retired, had a great run. Here are a few things to note about the application.
STRENGTH:
· Is a one in all app, combining Shop, Games, Music, and Videos
WEAKNESS:
· Due to its expressive nature and its multiple features, it is hard to really niche the application to a particular subject.
· Each feature has multiple competitors.
· The app might not be used to its total capacity by most of its users.
· It has a web-like loading feel which isn’t an attractive experience.
· It doesn’t have a great marketing presence.
OPPORTUNITY:
· It has the ability to be a go-to product for everyday activities.
· Breaking features into multiple applications could further help in promoting the application.
· Credit purchase is an option that can be explored (with interest).
THREAT:
· Will attract multiple competitors’ attacks
It has the capability of dying out within a few periods of years