Business Strategy Report: Strategies for Beer Manufacturing Companies
VerifiedAdded on 2022/08/19
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Report
AI Summary
This report analyzes the business strategies of Anheuser-Busch InBev and Boston Beer Company, two prominent players in the beer manufacturing industry. The report examines the companies' financial summaries, product offerings, and market positions. It highlights the importance of marketing mix strategies, including product development, pricing, and promotional activities, to enhance market presence and sales. The analysis emphasizes the need for these companies to adapt to market changes, improve product quality, and implement effective promotional campaigns to maintain and grow their market share. The report references several academic sources to support its findings and recommendations, providing a framework for strategic decision-making in the competitive beer market. The report also emphasizes the need for companies to focus on product pricing strategy as well as promotional strategies such as making sales promotion and linking making tie ups with certain public relation organizations and holding campaigns highlighting the name of the company and its services.
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