With more than 2,000 brands, from global icons to local favorites, and present in 190 countries, Nestl
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With more than 2,000 brands, from global icons to local favorites, and present in 190 countries, Nestlé is one of the world's largest food-and-beverage companies. It operates in four different strategic business units: beverages, milk and milk products, prepared dishes and cooking aides, and chocolates. To design a proper marketing mix for all four product groups, Nestlé employs country- and market-specific marketing teams to design an IMC strategy, regardless of the product group.
How is the budget for IMC set at Nestlé? What factors might possibly influence it?
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