In this Article, we will understand and analyse the need and basics of STP strategy taking the example of one of the most respected Company in the world – the Cadbury Company, its marketing approach and methods to remain at the top of the chocolate market in India. Let‟s have a brief background of the company. Cadbury is a leading global confectionery company with an outstanding portfolio of chocolate, gum and candy brands. They have direct operations in over 60 countries, selling products in almost every country around the world.
Started way back in 1824, John Cadbury opened a shop in Birmingham selling cocoa and chocolate that eventually became a globally recognised company and that which bears his name - Cadbury. Since then Cadbury has expanded its business throughout the world by a programme of organic and acquisition led growth. On 7 May 2008, the separation of confectionery and Americas Beverages businesses was completed creating Cadbury PLC with a vision to be the world's BIGGEST and BEST confectionery company. CADBURY profile as stated by Cadbury Company:
We make and sell three kinds of confectionery: chocolate, gum and candy We operate in over 60 countries John Cadbury opened for business in 1824 - making us nearly 200 years young We work with around 35,000 direct and indirect suppliers We employ around 50,000 people Every day millions of people around the world enjoy our brands In India, Cadbury began its operations in 1948 by importing chocolates. After 60 years of existence, it today has five company-owned manufacturing facilities at Thane, Induri (Pune) and Malanpur (Gwalior), Bangalore and Baddi (Himachal Pradesh) and 4 sales offices (New Delhi, Mumbai, Kolkota and Chennai). The corporate office is in Mumbai. Our core purpose "creating brands people love" captures the spirit of what we are trying to achieve as a business. We collaborate and work as teams to convert products into brands. Simply put, we spread