Friday, April 26, 2019
International Marketing Essay Example | Topics and Well Written Essays - 2500 words - 2
International Marketing - attempt Examplethese methods help to identify the efficiency of marketing strategies developed and implemented by the companies (Cateora, Gilly & Graham, 2009, p.7). On the former(a) side, evaluation of the effectiveness of marketing strategies will be done through cost effectiveness logical argument operation and growth of gross of the companies. Before starting in-depth analysis of marketing strategies, brief overviews of the two companies deprivation to be discussed. Overview of the two companies Procter and Gamble Procter and Gamble or P&G is one of the lead story transnational consumer goods company based in America. The company headquartered in Ohio, USA and listed in New York Stock Exchange. It has successfully developed a diversified portfolio of best-selling(predicate) shits of consumer steadfasts. There are numbers of products in each brand and roughly of the products are very much popular gentlemanwide. According annual financial report of 2011, P&G has reported revenue of $82.6 billion. Based on this performance, the company was ranked fifth position in the list of Worlds most admired company by Fortune magazine. It was in ordinal place in 2010. Procter and Gamble was established in 1837 by William Procter and James gamble. Throughout this glamorous taradiddle of more than 170 years, the company has grown by revenue and market share in consumer durable industry. Unique organizational culture of P&G stands for its purpose, values and principles. P&G people and P&G brands are the key foundation of P&Gs success whereas P&G consumers drive this success. Global brands of the company can be categorising in two parts. One is beauty and educate and another is households care. In beauty and grooming categories most popular global brands are Camay, Gillette, Olay, Pantene, Old Spice, enigma and so on On the other side, Ariel, Tide, Mr. Clean, Swiffer, Febrize, Duracell, Charmin etc are most popular brands in households ca re category. P&G ranked 25th position in Worlds Most Innovative Companies by Bloomberg. It is as well as listed in Global 100 Most Sustainable Corporations by Dow Jones Sustainability Indexes. Nestle Nestle S. A. is one of the leading multinational consumer durables company in the world. It offers nutritional and health-related consumer goods. The company headquartered in Vevey, in Switzerland. Nestle is the worlds largest food company in terms of revenue and market share. Nestle has wide portfolio of popular food brands. This product portfolio includes baby food, breakfast cereals, bottled water, dairy products, coffee confectionary, ice cream, snacks and pet foods. The company has performance unit in most of its foreign markets. It has more than 450 production units in 86 countries. 29 most popular brands of Nestle have contributed annual sales of more than 1.1 billion in 2011. These include Nespresso, Kitkat, Nescafe, Nesquik, Vittel, Smarties, Vittel and magi etc. Nestle is on e of the largest shareholder of LOreal which is the largest cosmetics company in the World in terms of revenue and market share. Nestle was the merger of Anglo-Swiss Milk company and Farine Lactee
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