¶ … strategic marketing plan ANGOSTURA LTD related company ( alcohol related). identifing incorporating marketing objective. Use format: SITUATIONAL ANALYSIS -Introduction -Company background -Vision -Mission (analyse) -Corporate objectives (financial & financial) -Portfolio analysis BCG show SBU -For SBU selected state critical success factors, unique resources & core competences give a competitive advantage INDUSTRY & ENVIRONMENT ANALYSIS -pestle implications -SPICC a table -7S's a table -7P's a table -Key drivers change -sector trends COMPETITOR ANALYSIS -Porters forces -Identify major competitors, analyse including strategies -Customer analysis competitor -Portfolio analysis competitor -Company's SWOT -Two major competitor's SWOT PRODUCT / MARKET FOCUS -Marketing & Product Objectives, SMART objectives -Target Market -Segmentation -differentiation -positioning MARKETING PROGRAMME -Include marketing mix, financial data projections (past current sales revenue 3-year forcast (budget) showing sales, gross operating profit) -Option Ansoff growth strategy (choice & ) 2 strategies needed, market penetration objective -Promotional Gantt chart -Assumptions & Contengencies -Control.
Strategic marketing plan for Heineken International
1. Situational analysis
1.1. Introduction
In the context of the internationalized economic crisis, the investors often come to place more emphasis on alcohol beverages manufacturers, since these tend to remain consistent in sales and demand registered by the public. Still, the downside to investing in this industry sector is represented by the fact that the industry is rather mature, with limited opportunities for growth and development (Dukcevich, 2001).
In the case of Heineken International however, the company still has the ability to further expand within other markets, namely the emergent economies in Asia, Latin America or India (Clark, 2011). The organization's presence in these regions is currently decreased, yet an increase can be supported by the raising consumer power in these regions. In such a setting, it is now useful to assess this new opportunity for development within the emergent markets.
1.2. Company background
Heineken International was established in 1864 in Amsterdam, the initial brewery having since then been transformed into a museum. Heineken today employs over 60,000 individuals worldwide and is the third largest brewing company after Anheuser-Busch InBev and SABMiller.
Currently, Heineken International remains headquartered in the Netherlands, and conducts most of its brewing in the Zoeterwoude, 's-Hertogenbosch and Wijlre breweries. Throughout the past recent years, despite the economic downturn, Heineken International has been registering increasing revenues (ascendant path from 11,245 million euros in 2007 to 17,123 million euros in 2011); its net profitability however slightly decreased in 2011 relative to 2010, from 1,447 million euros to 1,430 million euros (Website of Heineken International, 2011).
1.3. Mission and vision
The mission and vision at Heineken International revolve around transparency and communication and they refer to the attainment of the business objectives through the satisfaction of the needs and wants of the various stakeholder categories.
"Heineken's core values -- respect, enjoyment and a passion for quality -- help define our corporate culture and working methods. They are fundamental to the way in which we do business today; they support our drive towards economic, environmental and social sustainability. These three dimensions are strategically important for the long-term success of Heineken" (Website of the Heineken International Website, 2012).
1.4. Corporate objectives
The overall objective of Heineken International is that of "winning in all markets with Heineken® and with a full brand portfolio in markets where we choose" (Website of Heineken International, 2012). In order to attain this great objective, the company emphasizes on accomplishing the following five smaller goals:
Increasing the Heineken brand
The creation of leadership through customer inspired decisions, orientation on the customers and brand leadership
The capturing of the opportunities within the emerging markets
Leveraging the benefits of Heineken at the global scale, and last
Driving personal leadership (Website of Heineken International, 2012).
1.5. Portfolio analysis
Heineken International currently produces and sells over 170 beer products, making a portfolio analysis rather difficult to conduct. In such a setting then, the BCG matrix would best be comprised of the portfolio investments, rather than the actual product categories.
Stars
Asia Pacific
Question marks
Africa
Cows
Europe
Dogs
United States
The Asia Pacific region is an emergent economy, where people are beginning to sense an increase in their purchase power and their demand levels also increase. In such a setting, Heineken could register increases if it focused on the SBU of development in Asia. Within Europe, the revenues of Heineken are rather stable as the market place is stable and mature; there are limited opportunities for growth in this area, but it does reveal the main advantage of requiring little new investments and generating stable and sustainable revenues.
The question mark investments are represented by African endeavors, which could either succeed or fail. The African market...
BCG Matrix According to the BCG Matrix, the electronics category is a question mark characterized by low market share, but potential high growth. In this instance, a decision must be made to invest heavily, sell off or invest nothing and generate whatever cash is possible (BCG Matrix). Appliances, on the other hand, are cash cows enjoying high market share, but little growth. Because growth is low, investments should be kept to
BCG Matrix Strategic Management The BCG Matrix: An overview and a hypothetical situation The Boston Consulting Group (BCG) Matrix is an efficient way to visually represent a company's portfolio of goods and services, and provides a way for organizations to evaluate their strategic possibilities. The BCG Matrix classifies a company according to three primary business interests or units (BCG Matrix, 2012, Net MBA). The Matrix is represented in the form of four quadrants:
BCG Matrix, an analytic tool designed and named for the Boston Consulting Group, provides insight into corporate strategy regarding a company's operating units and products. The focus of the matrix is on "market growth and market share of the organization's product portfolio relative to their largest competitor" (NetMBA.com. N.D. PP. 1). Companies should according to the matrix, allocate capital to portfolio investments which are in a fast growing market that
Items such as the potential partner's track record for development efficiency was a definite strength. In contrast, one weakness was the sharing of profits once the product went to market, as well as the fact that our company would not have sole ownership of the product. There was the opportunity to bring the product to market ahead of any potential competitors, plus the opportunity to develop a relationship that
SWOT The BCG index was designed to help managers determine how departments were performing in their company (NetMBA, 2002). The matrix is a simple calculation that labels the departments as a star, question mark, cash cow or dog. These designations have specific meanings as to the market position and cash flow. The company in question has had two departments analyzed using the BCG matrix. The question is to the efficacy
3. Limitation of individual model - synergies obtained by combining strategic analyses models All analysis models presented in the previous chapter represent useful but not exhaustive methods of deciding the future of a company or its products. As there is no perfect model, the joint usage of them might bring most value to the company. Ansoff analysis generally assumes that diversification will bring higher returns when higher levels of risks are undertaken (diversifying
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