Wednesday, February 27, 2019
Opportunity and Threat of Cadbury
Opportunity archetypical of all , Cadbury should increase in regimenstuff potential of growth counties. Especially expand into the emerging securities industrys of Nigeria ,China and Russia, based on their growing populations, increasing consumer wealth and increasing demand for confectionery products. So that It would be a potential market for Cadbury. Moreover , based on their strong brand name , Cadbury can try doing different types of businesses equal innovatively doing Co-Brand Marketing with other brand industries . Ingredient branding in food industries for drill published cocoa milk ,ice cream even chocolate tofu pudding.Also doing complementary branding like published tee shirt and accessories . Besides the market , Cadbury should responds to change in consumer tastes and preferences because consumers be more caution health nowadays , belittled-fat, organic and natural confectionery demand appears more stronger . So that a healthier snacks with lower calories n eed to be developed. For pillowcase Cadbury should launch some links which led to sugar-free & center filled chew gum varieties and Cadbury premium indulgence treat. Last but not to the lowest degree , Cadbury can put more effort on reducing cost even increasing efficiency .For instance , Moving production to low cost countries, where raw real(a)s and lab our is cheaper besides India . Because Cadbury s production lines are mostly located in high cost countries like Australia and US . And also reducing internal costs like doing global sourcing , procurement , efficient supply chain and wise investment . Threat First of all , Cadbury will face the intense competition against other mark suppliers even global competitors . According to above statistic , Mars-Wrigley and Nestle are the primary(prenominal) competitors especially Mars-Wrigley the strongest market sharing in total confectionery .When they direct an aggressive price and promotion activity , it s possible to perish price wars in the market which will induce a primary(prenominal) threat for Cadbury. Especially carry oning their marketing sharing and profits . For case on that point would be seasonal sales slumps all year sharpshoot which will reflect to an increase in cost of raw material needs . Second one is Copycat problem. Especially when Cadbury expand into developing countries like China, based on their unhealthy legal system , it s easy to appear Copycat problem which will all told affect their profits , market sharing and their unique images .For example Tempo Tissues is the important Copycat problem sufferer when entering in China market . Many fakes products have approached in the market. Last but not to the lowest degree , due to its confectionary products , It s important for them to be aware of upcoming threats . For example taking notes of the changes in the consumers buying trends . For example low-fat, organic and natural confectionery demand appears much stronger . So that they should shift from chocolates to healthy snacks , otherwise there may be tarnish the Cadbury s brand name and totally affect their income .
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