Modelo’s International Expansion

1046 Words3 Pages

Every year society looks forward to bringing in the New Year with new ambitions, dreams and goals that they believe will make them value their self worth just a tad bit more. But it’s always funny how fast; said ambition, dreams and goals hardly ever get accomplished or how we manipulate them to be conventional to where we are currently in our lives. For consumers, the New Year is equated to making changes as this is also true for the beer industry. The last few years have mark many interesting changes and trends emerged in the industry. As from a financial standpoint, consider how the industry market share has grown increasingly that an article was posted in the Chicago Tribune stating that, (2012) "The United States is now the undisputed beer capital of the world, home to the most vibrant beer culture anywhere." For instance, if reflected on, there are a vast interpretation (based on cultural differences) in which the beer industry has imposed and manipulated thru exceptional marking strategies, to influences people to buy beer. For instance consider how many commercial are being played daily to persuade individuals how this beer is better than the next in creating a synergy that only drinkers of that particular beer can relate too (Beer commercial during Monday night football or Super Bowl Sundays).

Modelo’s International Expansion

When Carolos Fernandez was named chairman of Modelo in 1997, it was evident that distribution of the company product was going to have to exceed previous expectation in order to survive the ever changing market and become more international. To begin the move, Modelo’s relaunching their marking campaign of the number one imported beer in America, Corona. Modelo first move required the co...

... middle of paper ...

..., S.A.B. de C.V. (2010). Grupo Modelo, SA de CV SWOT

Analysis, 1-10.

Diversification (marketing strategy). (2012, February 7). In Wikipedia, The Free Encyclopedia.

Retrieved 03:53, February 13, 2012, from

http://en.wikipedia.org/w/index.php?title=Diversification_(marketing_strategy)&oldid=4

75491236

Galvez, D., & Fetscherin, M. (2009). Measuring the Effect of Country Of Origin

On U.S. Consumer's Brand Perception of Chinese and Brazilian Beer.

AMA Winter Educators' Conference Proceedings, 20264-270.

The United States of Beer. (2012). The Chicago Tribune, p 7. Retrieved February 7, 2012.

from Academic Search Premier database

Thompson, A. A., Strickland, A. J., & Gamble, J. E. (2010). Crafting and executing strategy: The

quest for competitive advantage: Concepts and cases: 2009 custom edition (17th ed.).

New York: McGraw-Hill-Irwin.

Open Document