Nestle Company: Marketing Analysis and Strategic Planning Report

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Added on  2023/04/19

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This report provides a comprehensive marketing analysis of Nestle, a leading health and wellness company operating globally. It begins with an introduction to marketing and marketing management, followed by a detailed company analysis of Nestle, including its product portfolio and global presence. The report then applies Porter's Five Forces model and PESTLE analysis to assess the competitive landscape and external factors impacting Nestle. Opportunities and threats are identified, and a BCG matrix is used to evaluate Nestle's product portfolio. The report outlines Nestle's strategic priorities, strategic marketing planning, and an integrated marketing approach. It examines various campaign channels and techniques, including advertisements, personal selling, public relations, and direct marketing, along with their advantages and disadvantages. A budget analysis is presented, along with an action plan detailing promotional activities, objectives, timelines, and responsible parties. The report offers valuable insights into Nestle's marketing strategies and provides a framework for understanding the company's approach to market penetration, product development, and customer relationship management. The report is a comprehensive overview of Nestle's marketing efforts.
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Marketing Management
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INTRODUCTION
Marketing is a platform to sales
Marketing includes research, planning, advertising and promotional techniques to
increase the sales.
Marketing management is a concept which reviews organisation's resources and
activities to increase its customer base, improve relationship with the customers by
providing them products and services as per their requirements.
It helps the organisation to enhance its perceived value and brand image.
The role of marketing manager is to examine resources and competencies, competitor's
cost structure, product differentiation, competitive positioning and other factors.
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COMPANY ANALYSIS
Nestle is world's leading health, and wellness
company.
Nestle is a food processing industry which operates
in more than 194 countries in the world with
employee strength of over 339000 people.
The organization serves numbers of products to the
customers.
It includes products such as confectionery, coffee
and tea, baby food, dairy products, bottled water,
medical food, breakfast cereals, pet foods, ice
cream, frozen food and snacks. Nestle has around
450 factories in the world. Maggi, KitKat,
Nespresso, Smarties, Nescafé, Nesquik, Stouffer’s
and Vittel are the most popular brands of Nestle
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SITUATION ANALYSIS
Porter's five forces model is an important tool that
analyses the level of competition within the
industry. Porter identifies 5 forces that
determine competitive intensity and
attractiveness of the industry.
Threat of new entrants: Low
Threat of substitute products: High
Bargaining power of suppliers: High
Bargaining power of customers: High
Competitive rivalry within the industry: Low
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PESTLE ANALYSIS
Political Factors
Economical Factors
Social Factors
Technological Factors
Legal Factors
Environmental Factors
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OPPORTUNITIES FOR NESTLE
Global Market
Expand its product line in growing economies
Capture the Untapped market
Build Partnership with Major Companies
Rising Demand for Healthier Food
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THREATS FOR NESTLE
Change in Trends.
Increasing Health Consciousness
Unhealthy pre-packaged products
Price cut by Major Competitors
Buying power of Customers and Suppliers
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BCG MATRIX
Stars
Ceralac
Nescafe
Question Marks
Smarties
Nestle Nestum
Nescafe Decaf
Nesquik
Cash Cows
KitKat
Maggi Noodles
Dogs
Milky Bar
Neastea
Nestle Dahi
Nestle Crunch
Nestle Munch
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OBJECTIVES OF NESTLE
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STRATEGIC PRIORITIES
The following are the strategic priorities of Nestle:
To deliver sustainable financial performance
To put resources behind the ideas,
Products and categories to recognized for healthy and nutritious products.
Create values for the customers and control wastage.
Improve customer relationship by developing E-commerce channels.
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STRATEGIC MARKETING PLANNING
Set Mission
Situation Analysis.
Set Marketing Objective.
Strategy Development.
Evaluate Marketing Plan.
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INTEGRATED MARKETING
Nestle needs to focus on the following
activities for framework of integrated
marketing plan:
Identify desired future positions
Data collection and analysis
Market penetration
Market and Product development
Product life cycle
Demand pull and supply push
approach
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