Is Ice-Fili’s strategic position have to change ? 1 Structure - Ice-Fili evolve in a big market and is success key is the fact that its products were always available for consumers from the creation of the firm. Figures - founded in 1937 - more than $25 million in sales in 2002 - largest ice cream market shareholder before Nestle Root issue : Increase of substitutes and low switching costs. 2 Moderate SUPPLIERS POWER - Little number in ingredients production
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ICE-FILI CASE 1 - How attractive is the Russian ice cream industry in 2002? The main data about the attractiveness of this market are: - The consumption is about 6 times lower than in France‚ Canada‚ US because of a different mode of consumption. Indeed‚ Russians consider Ice Cream as an “on the go” snack and not as a dessert they can have at home. - producing in Russia implies a certain adaptability of recipes since traditional Russian ice creams contain less fat and are made with natural
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Introduction The Ice-Fili Public Limited Company rightly deserves to be considered one of the oldest ice-cream producers in Russia. The Ice-Fili is one of Russia’s most famous and admired companies‚ both because of its entrepreneurial success and socially progressive vision. In its present form‚ it was incorporated on the basis of Frozen Products Plant No. 8‚ which was set up 65 years ago with support from Anastas Mikoyan‚ a popular and influential political figure. The company manufactures products
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Attractiveness of the Five Forces Framework in the Russian Ice Cream Market Although the Russian ice cream market may initially look attractive due to its consistent growth in ice cream production/demand in recent years‚ after evaluating the market through the five forces framework‚ it becomes clear that the market far from attractive. Since the open market economy was first introduced to Russia in 1991‚ ice cream producer competition has more than tripled in sized to 300 firms by 2002. Significant
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The problem that Ice-Fili was stemming from the rising level of competitiveness in a growing industry in Russia. Currently the companys position is favorable given the fact that it has a higher production capacity than its rivals. And it also has the lead over internation competitors such as Nestle and Baskin Robbins in terms of market share. However the competition position was not sustainable because of the rising level of competitive threat‚ not only in the form of manufactuerers upgrading their
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based on option programme‚ to attract talented managers with developing motivation system strongly connected with the economical efficiency of the subdivisions. •Creation of advertising co-operative: –Common budget for advertising campaign of Ice-Fili brand; –But each particular CFR takes responsibility for promotion of its commercial grades. Own distribution network development background( see Distribution network creation.ppt) •Creation of own distribution network contributes to strengthen
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Ice-Fili Situation Analysis Ice-Fili is a Russian ice cream producer who can survive during the hard time in Russia while some competitors left the market. Since Russian ice cream market became more competitive‚ Ice-Fili tried to maintain its market share leadership among domestic‚ regional‚ international producers. Value chain analysis and SWOT were conducted below. Value chain analysis was conducted to show the capabilities of the firm in various activities. ----------------------- Firm
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To Ice-Fili CEO: The Vision of Ice-Fili Ice-Fili pursues a strategy of product separation‚ focusing both on high quality‚ new flavors and product lines‚ and more importantly‚ and original branding methodology that combines long-established business goals with a progressive public agenda to form a definite unique attractive product offering. Ice-Fili sells a product that is not only a leader in its market share‚ but truly a product made of value to bring success. Our overall corporate focus
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Question 1. –(refer to appendices on p.5) Political 1) From 1991-1998 No longer anti-alcohol campaign to boost ice-cream industry. Ice cream industry had to complete with substitute products. 2) Since 1998 Financial Crisis‚ Russian rubles devalued by two-thirds. Russians cannot afford foreign products and companies relied more on national suppliers. 3) 1999 VAT raise. Fruit-based ice-creams and popsicles raised to 20% VAT. Consumer buy less ice-cream because of elastic demand‚ revenue is less
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Bibliography: Ice-Fili Case Study write-up on CheathouseSmurfit School Of Business‚ UCD
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