Fundamental of Marketing
FUNDAMENTALS OF MARKETING
MKT243
GROUP ASSIGNMENT
Nestle, MILO
Prepared by : NAME : | ID NO. : | NURUL ASHIKIN BINTI KUSMANDI | 2012455422 | WAN NURUL HURIL ‘AIN BINTI WAN HUSSIN | 2012277562 | ANIS ATHIRAH BINTI ANUAR | 2012234688 | MUHAMMAD FARIS BIN ABD RAHIM | 2012488368 | FARIS IMADI BIN ABD WAHAB | 2012800118 |
Prepared for :
PUAN NOOR AMALIA BINTI OTHMAN
Date : 15 MARCH 2013
PREFACE
Alhamdulillah, we are very grateful to the Almighty God, who have bestowed us the will to complete our assignment about “Nestle Milo” which is connected to our scheme Introduction to Marketing, MKT260. Here, we would like to take this opportunity to express our highest gratitude and compliment to the people who are involved directly or indirectly in this assignment especially our beloved Miss Noor Amalia bt Othman which is our MKT260 lecturer..In this assignment, we examine that the important of the marketing strategies for the international firm like Nestle. Among the BBC global top 30 brands, we have analysis of how a product’s sales are driven by brand name, weighted for market leadership, stability and ability to cross national borders. The consumers are not aware of their origins. Beside, the product’s prices usually reflect its proper value in the eyes of the consumer. It’s always not a good idea that the strategy of offering lower prices is to penetrate the advantaged economies and to pay the costs for the unknown quality of their goods. Thank you to all people who are involved in making our assignment a successful one and may all your help and effort are blessed.
INTRODUCTION
Nestle SA , the world’s leading food manufacturer and the market leader in both coffee and mineral water, produces a wind range of products including prepared dishes and cooking aids, milk-based products, cereals, instant coffee, pharmaceuticals and baby foods. Nestle SA is a publicly owned company, with subsidiaries across the world. It website addresses in 104
MKT243
GROUP ASSIGNMENT
Nestle, MILO
Prepared by : NAME : | ID NO. : | NURUL ASHIKIN BINTI KUSMANDI | 2012455422 | WAN NURUL HURIL ‘AIN BINTI WAN HUSSIN | 2012277562 | ANIS ATHIRAH BINTI ANUAR | 2012234688 | MUHAMMAD FARIS BIN ABD RAHIM | 2012488368 | FARIS IMADI BIN ABD WAHAB | 2012800118 |
Prepared for :
PUAN NOOR AMALIA BINTI OTHMAN
Date : 15 MARCH 2013
PREFACE
Alhamdulillah, we are very grateful to the Almighty God, who have bestowed us the will to complete our assignment about “Nestle Milo” which is connected to our scheme Introduction to Marketing, MKT260. Here, we would like to take this opportunity to express our highest gratitude and compliment to the people who are involved directly or indirectly in this assignment especially our beloved Miss Noor Amalia bt Othman which is our MKT260 lecturer..In this assignment, we examine that the important of the marketing strategies for the international firm like Nestle. Among the BBC global top 30 brands, we have analysis of how a product’s sales are driven by brand name, weighted for market leadership, stability and ability to cross national borders. The consumers are not aware of their origins. Beside, the product’s prices usually reflect its proper value in the eyes of the consumer. It’s always not a good idea that the strategy of offering lower prices is to penetrate the advantaged economies and to pay the costs for the unknown quality of their goods. Thank you to all people who are involved in making our assignment a successful one and may all your help and effort are blessed.
INTRODUCTION
Nestle SA , the world’s leading food manufacturer and the market leader in both coffee and mineral water, produces a wind range of products including prepared dishes and cooking aids, milk-based products, cereals, instant coffee, pharmaceuticals and baby foods. Nestle SA is a publicly owned company, with subsidiaries across the world. It website addresses in 104