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Published byLynn Sanders Modified over 9 years ago
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Wahaha- Taking the Fizz out of the Giant Cola Brand
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Wahaha, as a homegrown Chinese beverage brand had given a tough competition to global big bosses in beverage (Coco-Cola & PepsiCo). Its has started by Zong Qinghou, a Chinese farm worker with two retired teachers in 1987. Joint Ventures: In 1991, it merged with the state-owned Hangzhou Canning Factory In 1996, with DANONE Group.
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Its is a Goal Oriented Company
Launch its trademark brand the “Future Cola” in 1998 to compete against the global cola giants.
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Today Wahaha’s portfolio includes
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Strategy
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Marketing Strategy based on
“ Patriotism” Come with different products, customizing its consumer’s wants/ needs & Serving it Wahaha to brand has carved out a clear positioning in the market against the global giants.
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Problems
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Problems Till now China has focused on rural and semi-urban Chinese areas. NOT IN CITIES Chinese consumer’s are Fashion Conscious. Patriotism in marketing strategy which is successful in home country, not global markets.
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Alternative Solutions
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Alternative solution:
Its has to be Fashion Conscious. It has to follow global standards of consumer’s behavior, customizing each country & knowing the taste if each group dwelling in different states/country. It is successful in China, because it know the wants/need his people, similarly it has to know the needs of other countries people if planning to expand his product Note: Wahaha has a good strategy within its country, it could even go beyond to other places provided knowing consumer wants/ needs of different countries.
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Team Members Vineeth(260) Sargi(243) Prathyusha Deepa Deepthi
Annapurna
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