STANDARDIZATION, ADAPTATION, GLOCALIZATION Global companies, around the world, are using different levels of standardization and adaptation in order to satisfy customer needs. Marketing executives in different countries try to analyze the local market needs and accordingly shape their marketing strategies. Recently, we are observing the “glocalization” (think global, act local) approach in global marketing which indicated the fact that not all market needs are the same and not all marketing strategies work for all markets. A brand is a promise. When you create expectations, you should be consistent. When a global brand is created, it is expected to deploy the same value all around the world. However, even if the product is the best product …show more content…
It is a British-Dutch multinational consumer goods company. Among its products are : food and beverages, personal care products, cleaning agents. Unilever owns over 400 brands, one of which is Knorr. Knorr is the leading food brand of Unilever family. It is a German owned brand operating under the roof of Unilever (since 2000) all around the world. Knorr has been in the Turkish market since 1978. Among its products are : stock pots, stock cubes, soup mixes, instant soups, bouillons. Knorr gives significant importance to the cultural environment when entering a new market. As a company operating in food industry, cultural differences play an important role while deciding on the marketing mix. The cultural environment consists of beliefs, values, customs, history, religion and language of a country. Eating&drinking habits and culinary culture differs among different countries, even in different regions of the same country. This affects the types of food products a group of consumers choses. Knorr analyzes these differences very well all around the globe by using its developed R&D …show more content…
In all of the countries Unilever offers Knorr soups, they give TV commercials which are mostly based on the idea that instant soups are the same as home cook mothers’ and grandmothers’ recipes and we see images of a happy, healthy family meet at a table for a nutritious meal where everything is colorful and fresh (mostly targeting women and children). Knorr also gives informational advertisements on TV, billboards, magazines, newspapers an online. Knorr websites in all countries and in all languages are designed to convey the same brand image. When a new product is to be launched, they introduce it by using professional chefs in ads. They also put “recipe videos” online and on
Core Competency(ies) of the Company The core competencies of Yum! is its ability to build up its supply chain quickly in new locations leading to above average procurement of packaging, key in the fast food industry. These factors combine to allow locations to hit the ground running and do what Yum! Brands locations do best; providing low cost items to their customer in a quick and timely fashion both domestically and internationally.
It is true that the United States is the world largest economy based on GDP. It is famous for numerous huge brands in the World. For instance, in the field of technology and social networking, American Brands such as Apple, Microsoft, Google, Facebook, etc. always take the lead in this market. In terms of food, we can not deny the succeed of McDonald or Duckin’ Donuts. And in the coffee markets, there is a firm which changed the way Americans and people around the world view and consume coffee - Starbucks.
ALDI supermarkets, a well-known retailer in business, focused on retaining and gaining customer’s loyalty on those who were already familiar with the ALDI brand. ALDI’s main objective is getting its message across which is offering the best quality products at the lowest price possible. One of ALDI’s marketing strategies is the ‘Like brands’ by which ALDI created high quality products similar to those products of a well-known brand and competitors, but with a lower price. ALDI created blind tastes of these ‘like brands’ where people can taste ALDI’s brands and the national brand to see if they can make a
Background of Kellogg’s Founded in 1906 by W.K. Kellogg as the “Battle Creek Toasted Corn Flake Company”, where the Irish families favourite Kellogg’s Corn Flakes were created. In 1915 Kellogg’s were the first cereal company to introduce a high fibre cereal into the market this was of course Kellogg’s Bran Flakes, Creating All Bran the following year. Kellogg’s first arrived in Ireland in 1922 and their products were sold in supermarkets across the country. The following year they became the first company in the food industry to hire a dietician. Decade’s later Kellogg’s introduced a range of new products to “delight Ireland’s shoppers” these products included one of the nation’s favourites “Crunchy Nut Cornflakes”.
In the sixties the food sector was booming. Delhaize was one of the pioneers in the Belgian market by opening its first fully self-service supermarket in 1957 in place Flagey, inspired by the American model of distribution. Other distributors started to copy Delhaize in terms of store format (400 m) and in the concept of self-service (with pre-packaged meat and frozen foods); the era of traditional store with service at the counter was over. Every players in the market understood that they had to find the best places for their stores to compete effectively. The area of competition in the Belgian market quickly became crowded and intense.
Everyday billions of people all of the world decide how they will provide breakfast, lunch, and dinner for themselves and/or their families. People enjoy gathering around food for all types of celebrations, football games, family gatherings, meetings, and more. Food is an absolute necessity in our lives as it is the fuel for our bodies and everyone has the choice to cook meals within their homes each day or they have the choice of eating out at a restaurant. In the time we are living in today there are a lot more restaurants available than there was 50 years ago and the number continues to rise. Both eating out and eating at home have advantages and disadvantages
Brands are complex offerings that are conceived by organisations but ultimately resides in the consumers mind (De Chernatony, 2010). A brand thus signals to the customers the source of the products and services and protects both the competitor who would attempt to provide products and services that appear similar or identical (Aaker, 2004). Brands provides the basis upon which consumer can identify and bond with a product or service or group of products and services (Weilbacher, 1995). A brand is a specific uniqueness associated with a product or services that enables the consumers connect with it by easy identification through the name, slogan, design, logo, symbols, etc. of the organisation that produces the products or
NESTLE Nestle is a multinational company which has got its headquarters in Vevey Swiss. By the measure of its revenues it is the largest food and beverage company in the world. The Nestle company began around 1860s. It was started by a person called Henri Nestle when he came up with the first baby formula.
The value chain analysis indicates the firms that strive to create superior products or services through focused differentiation strategy. To ensure the activities are tailor to the strategy Value Chain is used. How each activity generates value and linked to the strategy in UFS? Table 4: Value Chain Analysis Primary Activities
Executive Summary: The Campbell soup company is involved in several difficulties. Although it dominates the soup market, it is struggling to keep people interested in their soups rather than them resorting to other snacks. Through thorough research, they have observed consumer’s responses to the soup in the grocery store. They found that the consumers were overwhelmed by the variety of different soups in the same wrapper lining the isle. Campbell company responded by putting different color on certain lines of soups.
It is very important for the Muslim consumers to really know what they have eaten, used, or consumed about certain food products. They have to know the basic of Halal, Mashbooh, and Haram on the products that exists around them. Firstly, the definition of Halal can be examined as ‘permitted and lawful’ in Islam. Halal also involves that a product is ‘thoyyiban’ which means wholesome, safe, nutritious, beneficial and good quality. As Allah S.W.T (God) says in the holy Qur’an: “O mankind!
1 Introduction Advertisements have a great impact on people but they are not representing reality. Companies try to promote their product the best they can in order to increase revenue. To do so, they and appeal to and satisfy the needs and longings of potential customers. Dove® , being a Unilever brand, tried a considerably different approach to draw attention to itself.
KFC Malaysia has sincerely applied and get the halal certificate from government in order to prove that KFC Malaysia is offering halal products and services. KFC Malaysia has also display halal logo on all the packaging products to let customers aware that products offered by KFC Malaysia is halal (KFC Malaysia, n.d.). Therefore, the basic beliefs and values of particular society which is Muslim has affect the types of the products and services provided by KFC Malaysia, so KFC Malaysia has decided to offer halal products and services that can be used to satisfy every customers with different cultures, as every customers no matter Malay, Chinese or Indian can all having halal food. Thus, Malaysian can having their meal at KFC Malaysia as well as KFC Malaysia is able to satisfy the needs, wants and demands of Malaysian and build long
The aim of this assessment is to reflect on what I have learned this semester regarding the module of Business in Global Context; from the lectures with the professor, the case studies done in class and the three previous patchworks that we worked on. We have learned that there are different internal and external components that affect the business environment, from corporate social responsibility to cultural and institutional framework; organizations must take into consideration all the factors related to the different parts of its environment. For the topic discussion, I will be discussing globalization and how it has affected the global business environment along with the key aspects and the different point of views regarding it.
In this era of globalization,we increasingly move towards sophisticated and high living technology. Many things evolve with this change for example architecture building,too dense,and not mention to the way our food preparation. In this case,we stress about the society that likes to take too many fast food as their everyday practice. This is because they are very busy and have no many time to prepare the food. So,the alternative way is they prepared the fast food as their meal.