Thursday, June 13, 2019
Kellogg's Market analysis Essay Example | Topics and Well Written Essays - 1000 words
Kelloggs Market analysis - Essay ExampleThis has provided a erect opportunity to companies like Kelloggs. Similar emphasis is being placed on products which can provide good nutritional values and energy and are well port fitting. Jaffer (2008) points out that with such considerations gaining ground Kelloggs has repositioned its K-bar as an energy bar. This bar was traditionally positioned as an alternative to its breakfast cereal line, but now it focuses on the consumers demand for more natural energy. The company recorded revenues worth $11,776 million during the FY2007, an increase of 8% over FY2006.The key areas in which Kelloggs operates has been originally divided into four major incisions like North America, Europe, Latin America, and Asia Pacific. This helps the company in devising segment specific strategies for these geographical regions. For example, in India Kelloggs launched an SMS advertise campaign to tie in with its offline advertising for corn flake brands (Medi a Asia, 2004). With use of mobile phones increasing and the growing number of mobile users in the billion untouchable markets, mobile branding is one of the innovative techniques that are being used by this American MNC. Being a leader in the business, the company has been able to take advantage of its strategic placement and alliance in different markets to successfully experiment with new initiatives. One of the key focus areas for Kelloggs is the Children segment. This prompted the company to enter into a multi-year global relationship with Disney in 2002. Some of the strengths and weaknesses of Kelloggs can be summarised as followsStrong Brand Identity Having a glorious past of more than 100 years Kelloggs is a well known brand in many parts of the world. The portfolio of product brands offering corn flakes, Keebler, Chocos, Pop-Tarts, Eggo, Cheez-It, Nutri-Grain, Rice Krispies, Special K, Murray, Austin, Morningstar
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.