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Ferrero Mini Case Study

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Ferrero Mini Case Study

  1. 1. Ferrero began expanding in 1956 by setting up a factory in Germany. Ferrero slowly began emerging in French, Canadian, Asian and then U.S. markets. In 1974, Ferrero entered Australian markets.
  2. 2. In 1951 Ferrero was selling and marketing Supercrema In 1963, it was modified and marketed as the popular Nutella. Ferrero now sells more than 67,000 jars of Nutella a year in Italy alone.
  3. 3. Company’s CORE VALUES Ferrero through its products have always promoted balanced diet and lifestyle.
  4. 4. Conducts the internal testing Check whether consumer rate the product to the same high standards of the company. Lastly market testing before going national
  5. 5. Ferrero entered India in 2004. India had no market for premium chocolates. Indian consumers were price sensitive. Within 10 years Ferrero accounted for 27 percent of the market. Today it acquires six percent of chocolate market in India.
  6. 6. THE HAZELNUT PROJECT
  7. 7. Started by ferrero in 2013. A $60 million project in New South Wales. 1 million plant to be grown in two farms. Generates 5000 tones of hazelnut Full production by 2021
  8. 8. The projects Generates employment and vital jobs in Australia Reconsider hazelnut as a cash crop $170 billion business to Australian government from hazelnut.
  9. 9. Company’s MARKETING STRATEGY
  10. 10. CORPORATE SOCIAL RESPONSIBILITY
  11. 11. FERRERO PURCHASES COCOA ONLY FROM SUPPLIERS WHO GROW AND PROCESS WITHOUT USING CHILD LABOR.
  12. 12. FERRERO PURCHASES PALM OIL FROM COUNTRIES AND AREA NOT KNOWN FOR DEFORESTATION.
  13. 13. CURRENT PROFITS AND SALES • Italian confectionery group Ferrero reported a 14 percent rise in 2014 pre-tax profit to 907 million euros ($979 million) in2015. • In terms of products Kinder Joy, Nutella, Ferrero Rocher, Tic Tac and Kinder Surprise achieved particularly positive performances. The sales achieved in some European markets such as the UK, Poland and Germany have been excellent.

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