Super brands and the rise of them
by James P. Outreach & PR ExecutiveWhen asked about a certain industry, there
is always one brand or product in particular which comes to mind before any
other. More often than not, these products are owned by a larger parent
company, which have excelled in dominating the market they operate within.
Super brands are establishing themselves throughout the world, with many taking
over more competitors by the day, establishing their position as a world
leader.
That said, we have a look at just a few of
these super brands throughout the world, and what they have had to do in order
to get to the position they are in today.
Kellogg’s
When you consider that breakfast is the
most important meal of the day, promoting weight maintenance and weight loss,
it is no surprise that Kellogg’s, and their 16 brands have cemented themselves
as a staple within our day to day lives.
The brand, which resides in Battle Creek,
Michigan, founded in 1906, regularly battles with General Mills to be the
number one morning choice. Despite Kellogg’s reputation for shifting a variety
of cereals, including the flagship Cornflakes, it is the recent acquisitions
which it has decided upon, that have helped develop its name as a super brand.
The snack market wasn’t a completely new
experience — it had already been tapped into by Kellogg’s through the likes of
its cereal bars, however in order to achieve the next step, it needed to follow
a slightly different route. Pringles, the crisp, or potato chip business (if
you insist on speaking like our colonial cousins) was purchased from P&G in
2012, for the ripe old figure of US$2.7 billion. Kellogg’s have seen a massive
return on their investment however, with Pringles sales growing from US$4.8
billion in 2011, to US$6.5 billion in 2014.
In 2016, Netflix helped push Kellogg’s
further into the limelight, with its series, Stranger Things. The fictional
character Eleven, has a love like no other for Kellogg’s Eggo waffles, which
was enough to encourage a massive boost in sales of the product in the US.
Annual Revenue for 2018: £10.481 billion
Volkswagen Group
In 2018, the automotive group which
includes Audi, Porsche, Skoda and Volkswagen, among many others, laid claim to
the title of the world’s biggest car company, selling approximately 10.83
million units.
The brand, synonymous with its initial
model, the Beetle, was founded in 1937. Since its advent, it has managed to
surpass the likes of American manufacturer, Ford, despite a start that nowadays
for Volkswagen, many would consider to be unbelievably lacking in pace. The
Beetle, whose presence on our roads is not as popular a sight as it once was,
saving us all a punch from our sibling playing ‘yellow-buggy’, sold a
spectacular 21.5 million units during its 60-year spell.
Although models such as the Volkswagen Polo have
helped develop the German manufacturer’s name throughout the world, becoming a
major super brand across the world is owed in most, to its acquiring of other
major brands. Back in 1986 Skoda was deemed somewhat of a laughing stock within
the motor industry, often making themselves the butt of advertising jokes.
However, VW bought them out, gave them a make-over, and now they are one of the
most popular car brands across the world, having connotations of quality German
engineering. Under the Volkswagen Group brand there is a car for everyone.
Annual Revenue for 2018: £205.319 billion
Procter and Gamble
The company’s infancy was meek —
established by British candlemaker, William Procter, and Irish soap maker,
James Gamble, in the United States in 1837 — however their ethos revolved
around growth, and a speed-enhanced one at that. Few throughout the world,
particularly involved in business, have benefited from war, but the men behind
hygiene did. Following the start of the Civil War in America, Procter and
Gamble were contracted in to supply the Union army with their two specialties,
candles and soap.
Their commitment to establishing quality
products became instantly recognisable, as they began to conquer numerous
markets throughout the world. When asked why P&G have purchased the brands
they have, Vice-Chairman, John Moeller noted,
“categories we like are those where a product is used daily or even more than
one time in a day.”
Procter and Gamble don’t only buy into the
markets we use every day, they dominate these markets by purchasing all the
competitors. Ariel, Bold, Daz, Fairy and Lenor — the five options that would
come to mind when washing your clothes. Yes, you’ve guessed it — P&G own
them all. With more than 30 brands across the globe, Procter and Gamble ranked
highly on several employer lists, including 22nd on Best Employers for Diversity 2019, and
eighth on Just Companies 2019.
Annual revenue for 2018: £51.774 billion
Coca-Cola
In order for a brand to embed itself in our
hearts and lives, it has to have done something ridiculously special — and that
is exactly what the American drinks manufacturer did. The red velvet suit, the
thick white beard, and the warming smile we’ve all become accustomed too, can
only mean one thing. The image of Santa is one that is engraved in us all, and
it was all created by Coca-Cola. In 1931, at the ripe old age of fifty, the
soft drinks company realised they needed a new marketing campaign for the
festive period, so commissioned artist Haddon Sundblom to create an image of
Santa Claus — the image we all think of today.
Responsible for the consumption of almost
two billion servings of the carbonated soft drink every single day, Coca-Cola
is readily available in 200 different countries across the globe. Back in 1886,
the drink, which ran the slogan, “relieves exhaustion”, included a slightly
unexpected ingredient — cocaine. Unsurprisingly, amendments to the secret of
Coca-Cola were made in 1903, and since then, it has remained virtually
unchanged.
But it isn’t just the black liquid which
Coca-Cola dishes up, quite the contrary. If it’s a health kick, Coca-Cola have
you covered with Smart Water, or on a night out painting the town red, the
tonic to your gin is also there with Schweppes. In fact, 80 drinks across 20
different brands exist under the red bannered umbrella.
Annual revenue for 2018: £24.656 billion
Sources
https://www.history.com/this-day-in-history/volkswagen-is-founded
https://www.forbes.com/companies/procter-gamble/#6fe87d0a4165
https://www.campaignlive.co.uk/article/p-g-superiority-strategy-paying-off/1440698
https://www.celebritynetworth.com/richest-businessmen/companies/procter-gambles-net-worth/
https://www.businessinsider.com/strategies-coca-cola-used-to-become-an-iconic-brand-2016-2?r=US&IR=T
http://www.vault.com/company-profiles/food-beverage/kellogg-company/company-overview.aspx
http://mentalfloss.com/article/67583/12-crispy-facts-about-pringles
https://www.investopedia.com/articles/company-insights/081716/top-8-companies-owned-kelloggs-k.asp
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https://www.campaignlive.co.uk/article/superbrands-case-studies-kelloggs-corn-flakes/162119
https://focus2move.com/world-car-group-ranking/
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Created on Mar 19th 2020 10:09. Viewed 117 times.