In September 1999, Unilever announced that it would trim over one thousand brands. The company wants to

Question:

In September 1999, Unilever announced that it would trim over one thousand brands. The company wants to focus on 400 of its current 1,600 brands, with a core group of so-called power brands that are known globally or region-wide (e.g., Magnum ice cream, Lipton tea, Vaseline skin cream). These 400 brands accounted for 90 percent of Unilever’s 1998 sales revenues. The brands outside the core group will gradually lose marketing support, then ultimately sold, withdrawn, or consolidated into bigger brands. Discuss Unilever’s decision. What do you as possible advantages? Disadvantages?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Business Research Methods

ISBN: 9780367196189

4th Edition

Authors: Joe F. Hair, Michael Page, Niek Brunsveld

Question Posted: