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Monday, October 21, 2019

HEINEKEN N.V- Global Branding Awareness

HEINEKEN N.V- Global Branding Awareness HEINEKEN N.V- Global Branding AwarenessProblem Statement: As the consumer needs tastes vary across the globe, Heineken must decide how much to adept their marketing strategy to local needs using a variance of standardized marketing mix adapted marketing mix, owing to the strong brand preferences loyalties that exist among the beer drinkers.Recommendations: Heineken needs to evaluate its home replication, multi-domestic national, global transitional strategy to establish its scope of operations, resource deployment distinctive competence across its strategic business units. They also need to prioritize between global integration vs. national responsiveness evident from decreasing sales in Holland rest of Europe (refer chart 1). Also, Heineken's global branding strategy should account for the socio-cultural influences, attitudes perception of its consumers in foreign markets.Analysis: Heineken's position in the beer market is consolidated by its strong history, making it the n umber two beer brewer in the world, thus accounting for nearly 5% of the worlds production.Some kind of delicious.With a major global presence, Heineken's main market is Europe, accounting for 47% of its sales. Some of the other brands include Amstel, Buckler, Murphy's Stout Bir Bintang, each of these being targeted at different levels across the world.Heineken's premium quality taste was attributed towards five core brand values: taste, premiumness, tradition, winning sprit friendship. Heineken's "good taste" brand image advertising can be evaluated on the basis of desirability, exclusiveness believability. These attributes can be measured on the basis of the evolving market structure, beginning at the embryonic stage (eg: Africa) and continuing to the declining stage (eg: USA), thereby creating a platform for laying down the market objectives. Also the relationship between the product-trial rate and the customer awareness level will remain to be the deciding factor on reach, f requency...

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