Preview

Marketing Strategy of Nestle vs Cadbury

Powerful Essays
Open Document
Open Document
1299 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Marketing Strategy of Nestle vs Cadbury
ASSIGNMENT

ON

MARKETING STRATEGY OF NESTLE VS CADBURY (COMPARATIVE)

[pic]

PRESENTED BY:

SWATI SAXENA

SWATI SINGH

URVASHI DUBEY

TASMIYA

Group:33

MANAGEMET OF BUSINESS ADMINISTRATION

SHRI RAMSWAROOP GROUP OF PROFESSIONAL COLLEGES

What is marketing strategy?

Marketing strategy is defined by David Aaker as a process that can allow an organization to concentrate its resources on the optimal opportunities with the goals of increasing sales and achieving a sustainable competitive advantage. Marketing strategy includes all basic and long-term activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation, evaluation and selection of market-oriented strategies and therefore contributes to the goals of the company and its marketing objectives.

How to develop a marketing strategy?

The benefits of a planned marketing strategy are numerous. Business owners often rely solely on their intuition to make business decisions. While this informal knowledge is important in the decision making process, it may not provide you with all the facts you need to achieve marketing results. A marketing strategy will help you in defining business goals and develop activities to achieve them.

1. Describe your company 's unique selling proposition (USP).

2. Define your target market.

3. Write down the benefits of your products or services.

4. Describe how you will position your products or services.

5. Define your marketing methods. (Will you advertise, use Internet marketing, direct marketing, or public relations?)

[pic]

Today, Nestle is the world leading Food Company. Nestle headquarters is in Switzerland. Its international R&D network supports the products made in more than 500 factories in 86 countries. The Nestle factories are

You May Also Find These Documents Helpful

  • Good Essays

    Firstly, a marketing strategy is a plan that is used in the long term to achieve a business or organisations objectives. Furthermore, a marketing strategy may also be defined as a plan designed to meet marketing objectives. For example, a company may set the following marketing objective: “To be able to satisfy customers through our products.” The next step is the planning procedure otherwise known as the marketing strategy used to meet the business or organisations objectives. It is important that the terms: “marketing strategy” and “marketing technique” are understood clearly. Likewise, the term “marketing technique” may be defined as an overall plan designed to meet the needs and requirements of customers. A business should ensure…

    • 850 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Unit 3 P1

    • 1803 Words
    • 8 Pages

    A marketing strategy is a detailed plan of the marketing initiatives that a business intends to conduct during a set period of time. When supported by a constant system of evaluation, a marketing strategy will help a business to determine areas that need to be focused or which methods work best. In this information booklet I will be discussing the marketing strategies Tesco and Coca-Cola use to benefit their business.…

    • 1803 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    A marketing strategy stands as the foundation of an organizations success. It should be a dynamic and interactive process that if utilized effectively can allow an organization to focus its resources on the most obtainable opportunities. A good marketing strategy has several key components. These components all lead to accomplishing goals, increasing sales, and grasping a sustainable advantage over competitors. Marketing strategies includes basic and long-term goals in the field of marketing that deal with the analysis of consumers, competitors, and…

    • 2331 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Boost Juice

    • 3016 Words
    • 10 Pages

    The marketing strategy (Lusch, 1987) is collected from market research and product mix, in order to maximize the largest profit and maintain the stability of the business. The marketing strategy is basic cornerstone of a marketing plan. The marketing plan (Lusch, 1987) focuses on the idea of innovation by using brand new marketing mix to target the potential customers in the…

    • 3016 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Nestle is the worlds leading food company. Nestle headquarters is located in Switzerland. Nestle is one of Switzerland’s largest industrial companies. Nestlé’s international network support products made in more than 500 factories in 86 countries. Nestle factories are operating in the regions of Arica, America, Asia, Europe, and Oceania. Nestle has been a company dedicated to food from the begging and offering so many different products. Nestlé’s offer high quality products and provide the best products to meet your needs throughout the day.…

    • 528 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategic marketing plays a significant role in today’s competitive environment. Strategic marketing can help to distinguish the company from its competitors. Proper planning and implementation of strategy can provide advantage over other companies. According to Johnson & Whittington (2008), strategy is a long term planning of the company, think of the near of distant future where the company wants to be and what it wants to achieve. Its direction and scope helps exploit companies’ available resources in the best possible manner helping it to achieve advantage over others and fulfil stakeholders’ expectation. According to Henderson (sited at Marketing news 1982) strategy works as a “system” which looks after internal activities of the organisation in order to attain good external performance of the company. From this it can be said that to achieve long term Goals Company uses strategic planning. It can also help company to gain edge over other in the long run.…

    • 2008 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Marketing

    • 5539 Words
    • 23 Pages

    A) Marketing planning is a crucial activity in any organisation that should be approached in a professional manner by managers. Malcolm mc Donald defined marketing planning as “simply a logical sequence and a series of activities leading to the setting of marketing objectives and the formulation plans for achieving them (www.tutor2u.com)”. More to the point the plan helps the organisation to use marketing resources at its maximum in order to achieve its aims and objectives. By writing an effective marketing plan, the organisation will be able to understand its customer’s needs and also identify methods how to attract customers to use its product or service. The main elements of a marketing plan are namely mission statement, marketing audit, SWOT analysis,…

    • 5539 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Marketing strategy indicating the specific target markets and the types of competitive advantages that are to be developed and exploited (Dibb wt al., 2001, p.656). It is a process that can allow an organization to concentrate its limited resources on the greatest opportunities to increase sales and achieve a sustainable competitive advantage. It provides a framework to meet organization needs and customer wants in an integrative and innovative way.…

    • 1473 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Green Industry is an organization which will provide a complete solution for managing industrial liquid waste to large and medium sized companies. It will be a business to business service. In recent days environment pollution has become a concerning issue for everyone.…

    • 3016 Words
    • 13 Pages
    Good Essays
  • Better Essays

    Nestle Case Study

    • 915 Words
    • 4 Pages

    Today, Nestle is one of the oldest multinational companies in the world. With revenues as high as $14 million, Nestle is one of the most well known food manufacturers world-wide. Since its creation, Nestle has adopted a “uniquely Swiss and neutral philosophy” as its business plan. The company planned to pursue global expansion by creating a number of local operating companies with their own local management. While the company maintained a large and influential central staff, Nestle relied on the local management in each local market to establish a strong brand to their specific region. Each of Nestle’s 75 operating companies was run by a country manager who was responsible for the profits and losses in the company. The local manager was also responsible for all the marketing, manufacturing, financial, and administrative functions. These local product managers were key for the company’s marketing strategy to be successful. The company also relied on a very strong central headquarters…

    • 915 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Nestlé is the world leader in the consumer packaged goods industry. The company operates from its headquarters in Vevey Switzerland. The company produces about 6000 successful and popular brands.…

    • 1360 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Nestle Case Study

    • 3253 Words
    • 14 Pages

    Nestle is one of the world's largest global food companies. It has over 500 factories in over 70 countries, and sells its products in approximately 200 nations. Only 1% of sales and 3% of employees are located in its home country, Switzerland. Having reached the limits of growth and profitable penetration in most Western markets, Nestle turned its attention to emerging markets in Eastern Europe, Asia, and Latin America for growth. Many of these countries are relatively poor, but the economies are growing quickly. Thus a consumer base capable of buying many Nestle products will develop over the next couple of decades.…

    • 3253 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Nestle have been aiming for a more decentralized, transnational strategy by trying to branch out and reach a variety of customers from many different countries. Just 2 years after being open in Switzerland, they had already established foreign offices in London, which proves that even in the early stages it was already clear which path Nestle would be undertaking.…

    • 927 Words
    • 3 Pages
    Good Essays
  • Best Essays

    Nestlé is the world’s largest food company based in Vevey, Switzerland. Headquartered in Northfield, United States, Kraft is the world’s second largest food company. In 2009, Nestlé has 280,000 employees while Kraft has 97,000. They challenge each other in global dominance in 3 sectors: beverages, convenient meals, snacks. Nestlé has a “Good Food, Good Life” ambition, which emphasizes nutrition, health and wellness. Kraft responds to Nestlé globally by “making today delicious”.…

    • 3605 Words
    • 15 Pages
    Best Essays
  • Best Essays

    Marketing Strategy

    • 4404 Words
    • 18 Pages

    According to Kotler and Armstrong (2004), marketing is a social and managerial process whereby individuals and groups obtain what they need and want through creating as well as exchanging products and values with other people. However, marketing strategy is defined as a process that can allow a corporation to essence its resources on the best business opportunities. The organization has goals and objectives to increase sales and achieve a certain supportable competitive advantage. (Kotler, 2004)…

    • 4404 Words
    • 18 Pages
    Best Essays

Related Topics