The United States is a very big market and as Glico wanted to increase its sales and to expend its popularity throughout the world, in 2016 they chose the US market.
However, the US are not in rest concerning biscuits, we know Oreo, KitKat or Hershey’s.
Extending overseas represent a huge challenge, even more when it’s about conquering the 1st world power. Not any popular brand in the world came from Japan or Asia in general, most of them are American. Again, Glico had to rewrite it’s marketing strategy.
The name “pocky” was keep thanks to its English-friendly pronunciation as well as the packaging itself which is rather neutral.
They count on the fact their products are original, (chocolate coating technique patent) but copycat is still possible.
…show more content…
Dance and music events using this catch phrase have been part of the “Glico Wagon” marketing campaign to create a real enthusiasm around the brand.
As Glico was originally based on “healthy” products, they try to keep this argument particularly relevant in the US, where obesity is the heaviest, and where people are eating a lot of snacks and Pocky-like products. Using this aspect, Glico hoped to be different from other companies especially competitors in the US by promoting products “good for health and good for heart”.
This way, Glico felt able to “contribute to the society in a positive manner” explained Katsuhisa Ezaki president and CEO of the company5.
Glico’s creator seems to be aware of the difficulty to sold their products, because we can live without cookies and chocolate, so by definition is more difficult to sell than some other products, but they want to try not to force people to buy their products, but to make people feel they want to buy it.5
In addition, in Japan the lack of birth is a problem for Glico’s baby formula. That’s why it can be a solution to start selling it in the US where baby formula is already popular (with brands such as Similac and Enfamil). To appeal to the consumers, they rely on a very high
GNC Holding Inc. is a company in which its mission is to help promote healthy lifestyle for people. Its is an ongoing campaign that helps their consumers feel great not only while alive but also have them feel that they have the ambition to continue any type of activity, whether it be a sport, daily nutrition, or bettering themselves. GNC recently has added to their living right and well mission the brand of admiring one self. They want their consumers to love and respect themselves because they have taken that step to worry about their own health and their way of living. The company honors those individuals who decide to take a healthier lifestyle, fit path you can say. GNC’s main goal is to make the wellbeing and physical strength their top priority in every individual’s way of life. They drive from living in a good health, both physically and mentally that through extensive line of merchandise and tips has steadily influence this seek of preeminent life. GNC Holdings INC. is introducing its public with invigorating products, services to the client, and compelling ideas to promote their mission as a company. (1)
High cost of entering new markets International growth is expensive. Entering new markets with a new brand
Consumers are increasingly skipping breakfast and morning food sales are on the decline. Yogurt tastes are changing as well, with many consumers opting for Greek yogurt as opposed to regular yogurt. GIS was greatly impacted by these changes in consumer preferences and saw US cereal sales drop 3% from 2017 to 2016 while US yogurt sales dropped 18% year-over-year. In July of 2017, GIS introduced a new French Style yogurt brand to appeal to changing consumer tastes and increase yogurt sales. One positive for the industry is that consumers are snacking more often. Consumers want convenient filling foods that fit in with their busy lifestyles. The packaged food industry can take advantage of this growth capitalize on the growing popularity of quick meals and nutritious snacks. Snacks comprise 21% of GIS’s total net sales and this is expected to continue to grow as GIS introduces more healthy options. Another concern is aging populations in the developed world. As consumers age, their dietary needs change. Older populations move away from many foods products with high levels of sugar and fat in favor of more nutritional products. There is slow population growth with birth rates below the replacement level in many developed nations. This decline in new consumers is a problem for the industry as they can no longer rely on consumer growth
Considering the conducted research and analysis, it can be clearly seen that the international strategy is not effective, that is why, needs to be fixed. Moreover, the company has a success in the local market, so it may be reasonable to put the efforts to promote inside the country.
3. To become established as the national retailer of choice for chocolate connoisseurs within the next 3 years.
The possibilities for product differentiation are numerous in that there are many different ways to make chocolate, many different items to add to chocolate, and many different ways to use chocolate. Having so many different options to market chocolate could present an open door for competitors, creating their own niche to draw customers. A large number of products to choose from could also make it difficult for Roger’s to draw customers to its own products, decreasing their profit potentials.
Clare’s Chocolate Cafes has always used good quality cocoa to make their chocolate products. This is, in itself, an amazing marketing product because customers know that while they may be paying a little bit more, the product is worth it. As well, the organization makes a wise customer draw when each hot beverage is served with a high quality chocolate product. The early practice of making chocolate products by hand and providing individual or pre-packaged products, of all sizes, for the customer to select, was
Together with the usage of green sources to power the factory, these factors raise up the prices of a chocolate bar to the average of $5. It enhances the brand’s value and good image in people’s observation. Even though their prices are more expensive than other competitors’ prices, Theo still has a loyal following of organic chocolate customers. However, it does a very little traditional advertising. Therefore, in order to maintain the loyal customers and attract new consumers, Theo Chocolate is partnering with local and non-profit organizations that promote their company. Joseph Whinney understands that “Having the ingredients and the quality of the product is the most important thing. And then Fair Trade is the secondary message” (Lindell, par. 19), people concern about the taste, the quality, and the organic food. Besides that, Joe believes that people also care about how a company treats its employees and decide whether they wan to to do business with that company or not. Therefore, combining the two strategies is a good way for Theo to promote itself and build brand value inside customers’ minds.
1. To what extent is a global approach to international marketing appropriate to firms in the Asia-Pacific?
By October 2012, it had been over 15 months since Apollo Foods, a global consumer packaged-goods firm, had obtained the rights to distribute the well-known European chocolate company, Montreaux, in the United States. Andrea Torres, the director of new product development at Montreaux Chocolate USA, is presented with the
It is obvious that Glanbia’s strength is the Global Performance Nutrition and this is a growing sector, consumer trends show that nutrition is now regarded more highly than it used to be as the demand for nutrient supplement and products in diets are higher than ever before. In this era, fit is the new skinny, fitness bloggers are becoming celebrities so it is no wonder that this market is being
Nestlé design is to offer sheltered, wonderful, helpful and nutritious nourishments to enhance wellbeing and prosperity of buyers of any age everywhere throughout the world. To address the issues and cravings of today's and tomorrow's customers, Nestlé is unequivocally dedicated to Research and Development (R&D) to enhance items and grow new sustenance’s with particular medical advantages.
It’s not news that Sony is a global company or that (25%) of all Play Station profits’ for the past seven years came from Sony to Japan. After all that’s what international marketing and the global economy are all about, companies like Sega, Nintendo, Microsoft, X-Box doing business around the world. The global economy now reaches every corner of the United States. Current interest in international marketing can be explained by changing competitive structures coupled with shifts in demand characteristics in markets throughout the world. With the increasing globalization of markets, companies find they are unavoidably enmeshed with foreign customers, competitors and suppliers. A significant portion of all products made in the United
For the review of seeing how companies expanded internationally, I selected the following five presentations to view: 1) Crayola in China, 2) Dunkin Donuts in Japan, 3) Nestle in Spain, 4) Nike in the UK and 5) Apple in Japan
Glanbia plc is an international dairy, consumer foods, and nutritional products company. The Company conducts operations primarily in Ireland, the United Kingdom, and the United States.