Ben & Jerry’s Homemade Ice Cream Inc: Keeping the Mission(s) Alive A Written Case Analysis by Mr. Aristotle Metin CASE BACKGROUND The U.S. Ice Cream Industry The total retail value of ice cream and related products in the United States was about $9.8 billion in 1990. The superpremium ice cream market held about 9.5% of the ice cream industry in the US. By 1990‚ Ben & Jerry’s was a strong # 2 in the superpremium ice cream market and the fifth largest ice cream maker of any type
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Ben & Jerry’s Case Study Company History Ben Cohen and Jerry Greenfield founded Ben & Jerry’s Homemade Ice Cream in 1978. Over the years‚ Ben & Jerry’s evolved into a socially-oriented‚ independent-minded industry leader in the super-premium ice cream market. The company has had a history of donating 7.5% of its pre-tax earnings to societal and community causes. Ben and Jerry further extended their generosity by offering 75‚000 shares at $10.50 per share exclusively to Vermont residents‚ so
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Managing Social Responsibility and Growth at Ben & Jerry’s INTRODUCTION Ben Cohen and Jerry Greenfield opened their first ice cream shop on May 5‚ 1978‚ in a converted gas station in Burlington‚ Vermont‚ investing $12‚000 in secondhand equipment. Their business credentials consisted of much enthusiasm and a $5 Pennsylvania State University correspondence course in ice cream making. Driven by Cohen and Greenfield’s 1960s ideals‚ Ben & Jerry’s Homemade‚ Inc.‚ has grown to be a very successful business
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Ben and Jerry’s was founded in 1978 by childhood friends Ben Cohen and Jerry Greenfield. They had a dream of starting a company together but they didn’t have any experience in business. Due to their love for food‚ they came up with the idea of making bagels or ice cream‚ but the cost of the equipment for bagels was much higher so they chose to produce homemade ice cream (citation). They learned only from small business pamphlets and a correspondence course from Penn State University (citation).
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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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I. INTRODUCTION Ben and Jerry’s is an ice cream company brought into existence in 1978 in the form of a first scoop shop at a renovated gas station in Vermont. It was found by two men names Ben Cohen and Jerry Greenfield. Company revenues increased at a high rate from under $300‚000 in 1980 to almost $10 million in 1985 to $78 million in 1990 and to nearly $150 million in 1994. Growing with time‚ Ben and Jerry’s came up with an ongoing stream of exotic flavors‚ opening additional scoop shops
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“Ben & Jerry’s – Japan” Assignment 2 1. Which way would you recommend B&J enter Japan: with Mr. Yamada or with 7-11? Support your answer with rationale. Let’s see the advantages and disadvantages for Ben and Jerry’s to enter the Japanese market with Mr. Yamada or with 7-Eleven Japan; Entering Japanese market with Mr. Yamada: Advantages: * Ken Yamada was a third generation Japanese American from Hawaii‚ with his excellent marketing skills and knowledge of the Japanese market and
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(2008).In this case‚ Ben and Jerry established a firm relationship with the local authorities due to their extraordinary CSR. Therefore‚ it may also result in a use of more local government land compared with their competitors which grant them the apparent competitive advantage (Ben and Jerry’s
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Ben & Jerry’s Homemade ice cream Inc. Tutor’s Introduction This case study comes from the second edition of Business Strategy: an introduction published in 2001. It is very readable and interesting‚ providing students with insights into how two entrepreneurs who set up an ice cream shop in a renovated petrol station became the names behind one of the most well-known ice cream brands around the globe. Students will find out how Ben and Jerry tackled the almighty (at the time) Pillsbury and Häagen-Dazs
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business – Level Strategy? The business level strategy that Ben and Jerry’s Inc. adopted was one of entering the Superpremiuim ice cream market‚ by creating a product that was targeted and had a high perceived value. Ben and Jerry’s Inc entered the industry in 1978‚ their not straddlers nor where they an organization that had to reposition itself. There strategy was to introduce a product that was both unique and high quality‚ Ben and Jerry’s Inc was an organization that conducted and had a good mix of
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