Baskin Robbins Global Marketing

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    Baskin Robbins Global Marketing - Presentation Transcript

    1. Mayank Arpan Mohit 12336093 12329732 12332872
    2. Content
      • Internal Environment Analysis
        • Company introduction
        • Vision-Mission-Objectives
        • Global Presence
        • Global competitors
        • Segmentation ,Targeting & Position
        • Marketing mix of the BR
        • Key success factors
      • Marketing Environment Analysis
        • Industry Growth
        • Distributors and Suppliers
        • SWOT
        • Countries analysis & comparison
      • Why we are selecting Singapore
      • PEST of Singapore
      • Porter’s national diamond
    3. Content (cont.)
      • Entry Strategies
      • Short term & Long term strategies
      • Implications & Control
      Implementation Control
    4. Internal Environment Analysis
    5. Introduction
      • A global chain of premium ice-cream parlors.
      • Founded by Burt Baskin and Irv Robbins in the year 1953.
      • Largest ice-cream franchises with more than 6,000 locations in 35 countries.
      • Major markets are UK with 2800 outlets, Japan 800 outlets.
      • Head quarters is in Massachusetts USA.
      • More than 1000 flavors in library & 31 different flavors in every store.
      http://www.baskinrobbins.com/About/
    6. Vision, Mission & Objectives
      • Vision
      • “ The BEST PREMIUM ICE CREAM PLAYER”
      • Mission
      • “ We exist to thrill customers, define and lead multi-branding, enrich stakeholder, and build powerful brand image”
      • Objectives
      • Creating Brand awareness
      • Establishing BR outlets everywhere.
      • Providing better value to stakeholders
      http://www.baskinrobbins.com/
    7. Global Presence http://www.baskinrobbins.com/About/International.aspx
    8. Global Competitors NAME Born Available in Countries OUTLETS in World Country of Origin Baskin Robbins 1953 35 6000 Massachusetts US Haagen Dazs 1920 50 900+ Supermarkets New York, US Ben & Jerry 1978 19 800 app.+ Supermarkets Burlington, US Wall’s 1922 40 - London, UK Nestle 1994 45 - Switzerland Dairy Queen 1940 22 5900 Illinois, US Breyers 1882 25 - Philadelphia US
    9. Segmentation, Targeting, Positioning
      • Segmentation
      • Demographic
      • - All age group
      • - Higher middle & high income group
      • Geographic
      • - Malls
      • - High foot traffic area
      • Targeting
      • - Higher middle & higher income group
      “ Not everyone likes all our flavors, but each flavor is someone's favorite."    — Irv Robbins
    10. High Low Price Quality Low High Positioning
      • This positioning map exhibits existing global position of BR Before coming to Singapore market.
    11. Marketing Mix
      • Product
      • High and unique flavor range
      • Variety of Products viz. Ice creams, candy, sundae’s, shakes & softy
      • Price
      • Premium price because of innovative and quality products.
      • Place
      • Location selection is completely in the hands of the company
      • Prime locations
      • Places with high foot traffic.
      • Promotion
      • We sell fun, not just ice cream
      • In-store promotional campaigns
      • All sorts of promotional activities
    12. Key success factors
      • Innovations & New flavors
      • Brand Image
      • Quality control & customer service
      • Global presence
      • Excellent distribution network
    13. Marketing Environment Analysis
    14. Industry Growth http://www.researchandmarkets.com/reportinfo.asp?report_id=53588
    15. Distribution& Suppliers
      • Distribution
      • Company engages master franchisors & franchises
      • Suppliers
      • Selected number of suppliers to maintain quality standards
    16. SWOT Analysis http://www.healthyarkansas.com/rules_regs/milk_and_milk_products.pdf http://findarticles.com/p/articles/mi_m3301/is_9_102/ai_79007885/
      • Strength
      • Good brand image
      • Exclusive innovations
      • Exclusive flavors
      • Free testers to every one
      • Weakness
      • Not all stores sell the same product range
      • Initial investment for opening a store is high.
      • Sells only in stores not in super markets
      • Opportunity
      • Untapped new geographical markets
      • More product innovations and product range
      • Substituting raw materials to reduce cost
      • Threats
      • Intense Rivalry
      • Strengthening government rules & regulations
      • Recession Period
      • Increasing price of raw materials
      • Gelato & ice crush
    17. Ready for further Expansion?
      • Y E S
    18. Country analysis &comparison https://www.cia.gov/library/publications/the-world-factbook/index.html Country GDP (per capita) USD$ Nearest Existing Market Storage & Distribution Industry Growth (Yearly) Population Customers Competitors (Price) Infrastructure Philippines 3300 Indonesia Average 4.6% 97.97 million Country nationals Low Low Singapore 38972 Malaysia Or Indonesia Excellent 6.9% 4.6 million Global customers High to Low Excellent Brunei 53100 Indonesia Moderate 0.4% 0.3 million Moderate Middle & Low Good
    19. Why Singapore
      • Per capita income Factor
      • Government support (FTA)
      • Global customers in Singapore (10million)
      • Covered nearby regions
      • Transportation is easy and convenient from Malaysia and Indonesia
      • Ample of Cold storage facilities
      • Fast logistic & distribution
      http://directory.mocca.com/biz/bycategories/I/105819 , http://www.huayongmoving.com/ , ttp://www.stbannualreport.com.sg/main.html , http://www.singstat.gov.sg/pubn/reference/yos/statsT-income.pdf
    20. Tourism Sector Performance http://www.stbannualreport.com.sg/main.html
    21. PEST Singapore http://www.oppapers.com/essays/Singapore-Pest-Analysis-For/194357 , http://www.heritage.org/index/country/Singapore , http://www.reports-research.com/market-surveys/country-analysis-report-singapore-indepth-pestle-insights-p-59460.html
      • Political
      • Government supports FTA
      • No red-tape & bureaucratic delays.
      • Transparent system
      • Economical
      • Per capita income is very high
      • Corruption free environment, an educated & determinate workforce.
      • Business friendly economy in the world
      • Social
      • 1. A multiracial & Multi cultural country
      • 2.High spending nature
      • Technological
      • Improving production technology (such as Batch freezers, Continue freezers, pressurizes, Homogenizers)
      • Improved & better logistic
    22. Porter’s National Diamond- Singapore
      • Government
      • FDI promotions
      • CIT reduced to 17 from 18%
      • Price ceiling
      • Free trade agreements
      • Factors
      • Per capita income
      • Labor
      • Tourism
      • Industry growth rate
      • Demand
      • Demanding Customer Forces firms to Improved Competitiveness via innovative products, high quality
      • Supportive Ind.
      • Advertisement media
      • Transportation
      • Storage facilities
      • Human Resource
      • Firm Strategy
      • Improved competitive strategies
      • - Core competencies
      • -Differentiation
    23. Entry Mode & Strategies
      • Entry Mode
      • Importing & Franchising
      • Entry Strategies
      • Location selection
      • Promotional Mix
      • Human Resource & training
    24. Strategies
      • Short term Strategies
      • Maintain constant intervals in advertising
      • Sponsoring in community events
      • Loyalty programs
      • Cross branding
      • Long term Strategies
      • Increasing number of outlets
      • Outsourcing in-stores Ads after building up chain
      • Getting in shelf’s of the supermarkets
      • Building production unit in Malaysia- raw material & currency rates.
    25. Implications & Control 1 . Cultural and language problems for employees and customer . We can appoint local employees and expat manager who is multilingual and knows Chinese culture. 2 . Economical consumer resist high price product. BR is a premium brand for high middle and higher income group. 3 . Brand awareness By opening Kiosks in parks ,schools and good locations etc as promotion for limited time period.
    26. Thanks…

    + mayankl jainmayankl jain, 3 months ago

    custom

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    Baskin Robbins ice cream

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