Introduction Ben & Jerry’s is an ice cream brand that started in Vermont in 1979 by Ben Cohen and Jerry Greenfield. Originally started as a small parlour business, it saw steady expansion in its distribution over time. Its acquisition by Unilever in 2000 allowed the brand to undergo worldwide distribution through tapping on the conglomerate’s logistics and distribution expertise. Faced with an ever changing business environment and dynamic consumer preferences, Ben & Jerry’s has adopted unique strategies to boost its competitiveness. Macro-environmental Factor: Technological Due to advances in technology, smartphone availability and use is far more widespread than in the past. According to a study done by Ericsson[1], Singapore …show more content…
This is likely because they have employed a very unique value proposition, and have successfully differentiated their product from the market. Ben & Jerry’s is targeting young adults and young families, mostly from Gen Y, who were born between 1981 to 2000. With funny flavour names such as Chunky Munky and Brownie Chew Gooder, they appeal more to the hip and sociable group of people. Coupled with premium prices, they have focused on image differentiation to project a fun and exciting ice cream with a superior selection of exotic flavours. This is in contrast to Haagen Dazs, which differentiates its product by making it seem like the most indulgent ice cream with flavours such as “Secret Sensations: Meringue and Raspberry Fondant”, and slogans such as “A world of indulgence”. Phrases such as “Waiting only makes it sweeter”[4] serve to echo the sinful delight that consumers can expect from their products. Despite selling similar products at a similar price range, Ben & Jerry’s has an entirely different value proposition, target market, and selling point. Therefore, based on the competition in Singapore, Ben & Jerry’s decided to
This changed in 2012 when Kraft teamed up with Mondelez International Inc. “Mondelez International’s strategy was directed at exploiting its powerful brands of snack foods across the 165 country markets where its products were sold.” (Gamble, 2016) The company aimed to fulfill their strategy by expanding the company’s product line to include cookies, chocolates, candy, gum, and
Ben and Jerry’s ice cream and the amazing success the company has experience over the years could be loosely summed up as a story that began with two friends coming together with a vision to create a company that did not adhere to the traditional corporate rules of running a business. They both had certain ideals and a socially and economic responsible opinion on how a capitalist business should be run. There are a lot of similarities in the way this company is run and operated when compared to South West Airlines. They are of course offering two different things to there customers, South West providing a service where Ben and Jerry’s are providing a product but the way that they go about there daily business in the spirit
A professor of food studies, nutrition, and public health from New York University, Marion Nestle said that if they are pushing to market their ice cream as healthy then it is seem to be an oxymoron. “This fits perfectly in the category of ‘just because it’s a slightly better choice doesn’t mean that it is a good
Ben & Jerry’s is an ice cream company which offers premium quality of ice cream, sorbet and frozen yogurt products.
Ice-Fili’s marketing approach and product distribution could be seen as weaknesses in the company’s primary activities. In 2001 the firm started its first TV marketing campaign years after competitor’s advertised through the media outlets. To date Ice-Fili is still very inexperienced and far lacking of marketing strategies deployed by Western competitors such as Unilever and Nestle. Not only does Ice-Fili need to market more fiercely against competitors within industry, it must also compete against other consumables such as beverages and snacks. Another weakness is the distribution that is handed over to several distribution companies. There is a much higher chance (twice as likely) to find products of its biggest competitor Nestlé than those of Ice-Fili. Another detriment is how ice cream is viewed socially. Currently ice cream is primarily an impulse purchase. If Ice-Fili can change this outlook, it would result in an enormous
Ben and Jerry’s today is owned by Unilever, which prioritizes research and input from outside sources. Unilever is open to new ideas, designs, and technology to improve the way their products are made.
Due to the fact that imitations for the product are being developed more rapidly, Ben & Jerry have changed their primary marketing goal to establish products that cannot be imitated but the technological developments of the company have not allowed them to launch the products within a realistic time limit. B&J¡¦s mission statement includes the need, quite rightly, for a wide variety of
Today, Ben & Jerry's Homemade, Inc. (hereinafter "the company" or "Ben & Jerry's") produces a line of high quality ice cream, ice cream novelties, low fat ice cream, low fat frozen
Today, the ice cream industry has been developed mainly in the United States (Arbuckle, 2013). As a frozen product, ice cream is often related to environmental issue. As Gwanpua (2015) points out that refrigeration system is likely to generate impact on global warming (Gwanpua, 2015). Ben & Jerry’s is one of the well-known ice cream businesses in the United States. It was founded in Burlington, Vermont in 1978, now
This report is written for N2 Extreme Gelato with a detailed analysis of their current marketing strategies. As N2 Extreme Gelato is a fairly new brand in the frozen dessert industry, marketing activities are still very minimal. Nevertheless, great success is evident in their use of the free social media app “Instagram”, where their followers have reached 19,000 people and is still growing.
In the contemporary day, smartphone is no longer deemed as a luxury product as if over the past it has become very common among the society and nearly a necessity for every people. Thus undeniably, it shows that the people using the smartphone are rocketing in number and consequently to the competition among the sector. Thereof, gaining a clear idea
Everyone loves the taste of the rich and savory Ben & Jerry’s ice cream. It’s a craving that mixes favorite ice cream flavors packed full into one container. Whether it’s Hazed and Confused or Cake My Day , there are over one hundred flavors to choose from. Ben & Jerry’s began in 1978 when two friends came together and opened their first scoop shop called Ben & Jerry’s Homemade. Their goal was to make the best ice cream possible, use their business to do good , and have fun. The euphoric flavors are packed full of chunks and swirls and are made with the best ingredients the business can ethically source . Ben & Jerry stands for voicing their opinion that love is love, the earth is worth protecting, and success tastes sweeter when everyone benefits.
In today’s society cellular devices are not only popular in the United States, but in many other countries worldwide. Not only do cell phones contribute to one’s personal life, but business use as well. Most people have hectic lives, and using a device to help schedule appointments, send out mass text messages, or even remind you to call back your boss, is unimaginably convenient. Cell phones within the past five years have reached mile stones compared to the phones used back when cell phones were first invented. Even though there is still a diverse range for cell phones on the market, the two most popular brands seem to create an argument on choosing the right phone, Apple and Android. Each with impressively fast processors, and new
Ben & Jerry’s Homemade, Inc. has been in business since 1978. Approximately 40% of the world 's frozen dairy desserts, 5.6 billion liters per year, are manufactured at more than 450 U.S. ice cream plants. This makes the United States the largest producer of ice cream and related products in the world. With the world 's largest milk supply, an abundance of land, and investments in research & development, U.S. frozen dairy dessert production has remained
FACTS: Ben & Jerry’s success is a direct result of transitioning form a local Vermont-based ice-cream producer into a large multinational corporation as part of an acquisition initiated by Unilever. The company’s three interrelated mission statements stand to complement each other and through history and culture have successfully turned Ben & Jerry’s into a social behemoth.