The Carlsberg Group is one of the leading brewery groups in the world, established in 1847. It has a large portfolio of beer and beverage brands, and over 40,000 employees selling products in over 150 markets globally. In 2018, Carlsberg's annual turnover was 65.5 billion Danish krona (equivalent to 8.36 billion euros), with a profit of 816 million euros. Carlsberg has adopted a polycentric international marketing strategy that gives each country market equal importance and allows for customized strategies in each.
The Carlsberg Group is one of the leading brewery groups in the world, established in 1847. It has a large portfolio of beer and beverage brands, and over 40,000 employees selling products in over 150 markets globally. In 2018, Carlsberg's annual turnover was 65.5 billion Danish krona (equivalent to 8.36 billion euros), with a profit of 816 million euros. Carlsberg has adopted a polycentric international marketing strategy that gives each country market equal importance and allows for customized strategies in each.
The Carlsberg Group is one of the leading brewery groups in the world, established in 1847. It has a large portfolio of beer and beverage brands, and over 40,000 employees selling products in over 150 markets globally. In 2018, Carlsberg's annual turnover was 65.5 billion Danish krona (equivalent to 8.36 billion euros), with a profit of 816 million euros. Carlsberg has adopted a polycentric international marketing strategy that gives each country market equal importance and allows for customized strategies in each.
The Carlsberg Group is one of the leading brewery groups in the world, established in 1847. It has a large portfolio of beer and beverage brands, and over 40,000 employees selling products in over 150 markets globally. In 2018, Carlsberg's annual turnover was 65.5 billion Danish krona (equivalent to 8.36 billion euros), with a profit of 816 million euros. Carlsberg has adopted a polycentric international marketing strategy that gives each country market equal importance and allows for customized strategies in each.
Stefanescu-Oancea Albert Group 1755 The Carlsberg Group, established in 1847 by brewer J.C. Jacobsen, is one of the leading brewery groups in the world today, with a large portfolio consisting of mainly beer and other beverage brands. The Carlsberg Foundation (one of the world's oldest commercial foundations) continuously governs the brewery to continue the art of brewing, and give back to society by supporting science, art and the humanities. Their flagship brand – Carlsberg – is one of the most recognizable beer brands in the world because of smart marketing campaigns (“Carlsberg-Probably the best beer in the world”) and the Carlsberg and Tuborg brands are among the top eight biggest beer brands in Europe. It has under its umbrella brands such as Kronenbourg, Aldaris, Alivaria, Mythos and many more. More than 40,000 people work for the Carlsberg Group, and their products are sold in more than 150 markets. The Carlsberg Group’s 2018 annual turnover was 65.5 bn dkk (Danish krona) or the equivalent of 8.36 billion euros with a profit of 816 million euros. A big part of the Carlsberg Group’s success is the fact that they adopted a polycentric approach in regards to their international marketing strategy. In this approach, a company gives equal importance to every country’s domestic market. Every participating country is treated solely and individual strategies are carried out. This approach is especially suitable for countries with certain financial, political and cultural constraints. The reason why we believe they have adopted such a strategy is the extremely vast portfolio of alcoholic beverages they have (624 to be more specific) and the fact that on their website it’s stated the country of origin for each and every last one of them. Also, we went to a local supermarket (Mega Image) and tried to find as many alcoholic beverages produced by the Carlsberg group but we were unable to find more that 2 of them, more precisely Carlsberg and Tuborg, which shows the fact that the company adapts to each individual country. New Market Existing Market New Product Diversification Product Development Having a polycentric Already having the approach, with products flagship product specific to the respective “Carlsberg” in many countries, we could take countries, the company example beverages such later introduces other as “Mythos” which is brands or develops. This specific to Greece, with case, “Tuborg” which appropriate branding. was later introduced. Existing Product Market Development Market Penetration Carlsberg’s flagship Once you have multiple “Carlsberg”, has been products on an existing almost globalised, being market multiple effects present in all the take turn on the selling countries in which status of the product. Carlsberg, the company, One of the factors can operates in. be “Cannibalism” which occurs between different brands of the same company. Different brands within a portfolio are recommended in the polycentric approach do to a more effective selling chance within a certain demographic sample.