Ben and Jerry’s Introduction: Overview of the Case The corporation of Ben and Jerry’s first began on May 5‚ 1978 in a small town called Burlington located in Virginia. The founders of this ice cream parlor were Ben Cohen and Jerry Greenfield with only limited funds of $8‚000‚ they produced a famous nationwide parlor that caters to millions of people. Specialty flavors of Chocolate Chip Cookie Dough‚ Cherry Garcia‚ Rain Forest Crunch‚ and frozen yogurt are attractions and symbols to the corporation
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For this task I have chosen to write about Ben and Jerrys and Haagen-Dazs ice cream. These are two rival brands at the top end of the market. I decided to write about ice cream because it is very popular and there is lots of information available about them. They also both have good marketing and promotional strategies. I chose to write about Haagen-Dazs‚ as it is the best known ice cream. It is the number one super premium ice cream with 43 % of the market share. It is quite expensive as it is
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KEEPING THINGS ORGANIZED AT BEN & JERRY’S SUMMARY: This case is on an ice cream parlor which is Ben & Jerry’s and it was started by Ben and Jerry in 1978 at a small gas station in Burlington Vermont. The initial goal of the company was to sell ice cream just for fun‚ but just within no time they became so much popular that now they were a $45 million dollars company. The main reason for this was its unique culture which they followed and which was not moving on alone but to move
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Ben & Jerry’s Homemade – The Unilever Scoop Case With four offers on the table‚ Ben & Jerry’s had quite the decision to make. When it came down to it‚ they chose the most attractive offer which turned out to be with Unilever. As time passed‚ this was shown to ultimately be a very wise choice as the financial results would later show impressive results. These impressive results could be seen by looking at how the operating margins tripled and were able to maintain a 700M operating profit in succeeding
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PROMOTION DEFINITION:- Promotion involves disseminating information about a product‚ product line‚ brand‚ or company. It is one of the four key aspects of the marketing mix. (The other three elements are product marketing‚ pricing‚ and distribution.)
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Ben & Jerry’s Homemade Ice Cream Inc: A period of Transition Despite making the first yearly loss in 1994‚ the company’s health cannot be written off. The loss in 1994 can mostly be attributed to some irregular factors like debt due to the asset write-down of $6.8 million resulting from abandonment of complex manufacturing system and incorrect assumption about the value at the St. Albans plant. The introduction of the "Smooth‚ No Chunks" line in the same year also resulted in some extra advertising
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Parkson’s Promotional mix Promotional mix that used by Parkson included sales promotion‚ public relation and personal selling. Public Relation Public Relation also one of their promotional mix that Parkson applied in their business strategy.Parkson is a company that very concern on charitable contributions to society. Therefore‚ Parkson conducts a lot of Corporate Social Responsibility Programme such as “My Park” Programme. In this programme‚ Parkson had adopted many parks throughout Malaysia
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promotion mix tools The promotion ( Promotional Mix ) is one out of four basic instruments of marketing that has the purpose to inform about other instruments of marketing mix and to contribute to sales increase on the long term. The promotional mixis always serving to specific goal. These goals can be public informing‚ demand increasing‚ product differentiation‚ and product value increasing or sales stabilizing. Usually the promotion is targeting more than one goal. Promotion is the process of
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Case Study: Ben & Jerry’s Homemade (Case 3) This case focuses on the issues of asset control of Ben & Jerry’s Homemade‚ Inc with the four outstanding takeover offers by Dreyer’s Grand‚ Unilever‚ Meadowbrook Lane Capital and Chartwell Investment in 2001. Through the analysis of the four offers‚ I suggest the Board accept the Unilever’s offer. The advantage and disadvantage of each offer is discussed following. Dreyer’s Grand The offer does not maximize the shareholders wealth but retain
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AIM: To find out the communication mix and promotional tools used by the Samsonite to popularize its product trekking bags and to suggest promotional ideas to make its advertisement and promotion better. OBJECTIVE: Marketing communication tools are the means by which firm attempt to inform‚ persuade and remind consumers‚ directly or indirectly‚ about the product and brand they sell. In sense‚ they represent the voice of the company. Marketing communication mix consist of eight major modes of communication
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