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Introduction about fmcg sector
Retail business in india and its revolution
Retail business in india and its revolution
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Recommended: Introduction about fmcg sector
INDUSTRY ANALYSIS - FMCG The FMCG, or the Fast Moving Consumer Goods sector, is the fourth largest sector of the Indian economy. FMCG items essentially comprise of all the items that are replaced frequently. Some are replaced annually while some might be replaced daily also. It consists of three major segments; personal care items, household products and food and beverage items. The industry thrives on the low cost of production as well as the high volumes of sales. INDUSTRY OVERVIEW: The FMCG sector has a market size upwards of $13.1 billion. It is expected to increase at a compound annual growth rate (CAGR) of 14.7% to $110 billion during 2012-2020. The sector recorded revenues of $7.3 billion in FY12 and is expected to reach US$12.5 billion …show more content…
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Unilever owns a 52% stake in HUL. It majorly produces food and beverages, cleaning agents and personal care products. It has products in over 20 consumer categories such as detergents, soaps, tea, shampoos etc. with over 700 million people using its brands. Eighteen of its brands have made it into ACNielsen Brand Equity List of 100 Most Trusted Brands Annual Survey 2012. It has a network of Network ofv7000 stockists that cover 7 million retail outlets. 59% stores are in rural India. 2) ITC Ltd. Market capitalization: Rs.280,019.55 Crore ITC is headquartered in Kolkata, West Bengal. It has 7 segments in the FMCG business; Cigarettes, foods, lifestyle, personal care, education and stationery, safety matches and Agarbattis. Cigarettes are the main earner for the company. It has around 20 FMCG brands and serves more than a million outlets directly across India. It plans to add around 1 lakh stores in rural areas. 3) Nestle India Market Capitalization: Rs.49,856.7 Crore Nestle is headquartered in Gurgaon, India and is known for its wide variety of milk and milk products. It also has a strong presence in chocolates and confectionary items, beverages and ready to eat foods. Nestle has a variety of brands like Munch, KitKat, Maggi, Nescafe, Everyday etc and its products are sold in more than 3.5 million outlets across the country. OPPURTUNITIES FOR NEW PLAYERS: • Changing lifestyle and urbanization will lead to more demand for domestic
name of big companies like “ Nestlé, Coca-Cola, Kraft, Nabisco and others, also he mentions a
General Mills Inc. is a worldwide producer of packaged consumer foods. The company produces their products in 16 countries and sells them in over 100 countries (www.generalmills.com). It is headquartered in Minneapolis, Minnesota and employed about 41,000 employees as of May 26, 2013. The company recorded revenues of $17,774.1 million in the financial year ended May 2013 (FY2013), an increase of 6.7% over FY2012. The operating profit of the company was $2,851.8 million in FY2013, an increase of 11.3% over FY2012. Its net profit was $1,855.2 million in FY2013, an increase of 18.4% over FY2012 (www.generalmills).
There are about 50 dog food manufacturers and 350 dog food brands in the United States. Ralston Purina, Kal-Kan, Heinz, Nestlé USA, and Nabisco, together capture 83% of all supermarket sales...
Coles was founded in 1914 by George Coles the first Coles was called the “Coles Variety Store” in Smith Street in Melbourne. Coles is one of Australia’s largest retailers and provides fresh food, groceries, general merchandise, financial services, liquor and fuel through more than 21 million customer transactions, on average, each week through our national store network and online platform. There is strive to offer real value to customer by lowering the price of the weekly shopping basket, improving quality through fresher produce and delivering an easier, better shopping experience every day of the week. Coles is committed to lowering the cost of the weekly, making a real difference to their customers’ budget, and delivering trusted value
ASDA is a Britian based supermarket chain, which deals with the retail of general merchandise, food, financial services and clothing. It was found in the year of 1949 as Associated Dairies and Farm Stores Limited. For a brief time in the 1980s, ASDA Stores Ltd. remained a subsidiary of ASDA-MFI PLC resulting to a merger between the two organizations (Voon, 2011). Alternate organizations in that aggregation were Associated Dairies Limited, Allied Carpets and the furniture retailer MFI. In the wake of offering MFI and Allied Carpets, organization name changed to ASDA Group PLC.
In strategic planning, strength, weakness, opportunity and threat (SWOT) analysis is a tool used to identify those issues most likely to have an impact on a planned change now and in the future (Laureate Education, 2013f; Marquis & Huston, 2015). A SWOT analysis helps an organization further its mission, vision, and values by ensuring the planned change remains true to these statements.
Procter and Gamble (P&G) and Colgate-Palmolive (C-P) are two of the largest consumer goods company in the world and have been in the industry since the 80s. The companies manufacture and market fast moving consumer goods (FMCG) such as household products, personal care and hygiene, targeting at various segments of consumers. Among the brands carried by P&G are Downy, Olay, Tide, Clairol and Bounty. Popular brands under C-P are Palmolive, Kleenex, and Colgate.
According to Smithson, Walmart can expand its markets to new and emerging markets especially in the third world countries, which can significantly increase its revenues. Secondly, the company can reform is employment practices and improve the quality standard and in doing so, attract more customers and improve its brand image. On the other hand, the company faces threats such as the rising healthy lifestyle trend I that the company in most cases does not provide customers with healthy goods. At the same time, the company can capitalize on this aspect and increase its revenues. Aggressive competition from other discount retailers such as Target creates a great threat to the company (Smithson, 2015).
Unilever is one of the largest packaged consumer goods companies specializing in hundreds of different brands. Unilever is based in Holland and the UK and is jointly owned by Unilever N.V and Unilever PLC. Both companies have the same board of directors but operate as a single entity and list there stock separately. In 2000, Unilever restructured their board of directors by electing new faces to the board and seeing other key members retire, like Jan Peelen and Robert Philips.
F.M.C.G. Company Heinz is the most global U.S. based food company, with a world-class portfolio of powerful brands holding number 1 and number 2 market positions in more than 50 worldwide markets. There are many other famous brand names in the company¡¦s portfolio besides Heinz itself, StarKist, Ore-Ida, Plasmon, and Watties. In fact, Heinz owns more than 200 brands around the world and makes over 5,700 varieties.
Nestle is a Swiss food and beverage Multi-national corporation headquartered in Vevey, Switzerland. It is the largest food company in the world measured by revenues with about 500 factories in more than 80 countries. The company consists of a powerful portfolio of brands that is driven by unrivalled research and innovation, an aim to contribute to improving the quality of consumers’ lives and a clear commitment to consistence excellence. The company succeeded in accomplishing its mission of “Good Food, Good Life” by making the use of globalization in the areas that are as follows-
The SWOT analysis is a useful tool for identifying our personal strengths, weaknesses, opportunities, and threats to our plans and goals. According to a “Fuel My Motivation” article (2010), this analysis considers internal influences that can positively or negatively affect our ability to achieve our goals. The internal factors are our strengths and weaknesses. Also considered are opportunities and threats, which are external influences that can have a positive or negative impact on the ability to achieve our goals. I will share how the self-assessment instruments and self-exercises in this course have contributed to assessing and understanding my strengths and weaknesses. I will also discuss techniques I will use to leverage my strengths and understand my weaknesses. In addition, I will consider opportunities that I can take advantage of and the threats that can possibly impede my progress.
India is a nation that is on the move towards becoming one of the leaders in the global economy. While the country still has a long way to go, it is making significant strides towards competition with nations such as the United States and England. Indian leaders have been moving towards "a five-point agenda that includes improving the investment climate; developing a comprehensive WTO strategy; reforming agriculture, food processing, and small-scale industry; eliminating red tape; and instituting better corporate governance" (Cateora & Graham p. 56, 2007). These steps are geared to begin India's transformation from a third world nation into a global economic leader. The current marketing environment in India is in transition, with both similarities and differences in comparison to the marketing environment in the US.
The transnational corporation Nestle Company founded in 1886 based in Vevey, Switzerland, sells its products in 189 countries and has manufacturing plants in 89 countries around the world, boasting an unmatched geographic presence. The company started off as an alternative to breastmilk and initially looked into other countries for an increase in global opportunities. It founded its first out of country offices in London in 1868, and due to the small size and inability of Switzerland to compensate growth manufacturing plants were built in both Britain and the United states in the late nineteenth century. A large portion of Nestlé’s globalization came in the 1900s which was when it first moved into the chocolate business after
According to Nestle Corporate Business principles, Nestle guarantees that the products are safe and high standard; however,