1. Give at least five known local brands and the top ten international brands. Include a brief company overview for each brand.
5 Local Brands
1. Milo- was developed in the 1930s during the depression as a direct response to the fact that children were not receiving enough nutrients from their daily diet. Thomas Mayne, a Nestlé Engineer, created the nutritious and delicious beverage using local milk knowledge and Swiss cocoa expertise. He named the drink MILO after the Greek mythical character Milo, who was known for his strength. MILO was launched in 1934 at the Sydney Royal Easter show in an area used to showcase new products to the public. This coincided with the opening of a local production plant for MILO located in Smithtown, in rural NSW, where it is still produced today.
2.Nescafe Coffee- History of Nescafe. The beginnings of Nescafe can be traced all the way back to 1930, when the Brazilian government, first approached Nestlé. The agency, Brazilian Coffee Institute seeks Nestle to preserve the huge coffee surpluses, by develop coffee that was soluble in hot water.
Coffee guru, Max Morgenthaler, and his team set out immediately to find a way of producing a quality cup of coffee that could be made simply by adding water, yet would retain the coffee’s natural flavor.
After seven long years of research in Nestle Swiss laboratories, they found the answer. The new product was named Nescafe – a combination of Nestlé and café. Nestle introduced Nescafe, the first commercially successful soluble coffee, in Switzerland, on April 1st, 1938. The company applied the technology at its Hayes factory, west London.
Instant coffee processing was not a new idea; it was invented by a Japanese chemist in 1901 and had been marketed and sold by other companies without success. Nestle revolutionized the way instant coffee was made. Nestle developed a new process for dehydrating the concentrated coffee which vastly improved the quality. In entailed spraying a fine mist of the solution into a heated tower where the droplets turned to powder almost instantly.
For the first half of the next decade, however, World War II hindered its success in Europe.
Nescafé was soon exported to France, Great Britain and the USA. Its popularity grew rapidly through the rest of the decade. It was so popular that the entire production of its US plant was reserved for military use.
By the 1950s, coffee had become the beverage of choice for teenagers, who were flocking to coffeehouses to hear the new rock ’n’ roll music.
Over the years the company has kept the emphasis on innovation, introducing pure soluble coffee (1952) solely using roast coffee beans, freeze dried soluble coffee (1965) and coffee granules (1967). In 1994 Nestle invented the full aroma process, which improved the quality of instant coffee. Such innovations have made sure that Nescafe has remained the world’s leading coffee. It is also the third most valuable brand in the entire drinks sector.
History of Nescafe
3.Oishi- Oishi Group Public Company Limited operates restaurants and bakeries. Primarily focusing on Japanese-style foods, the Company’s restaurant brand names include Oishi Japanese Buffet, Oishi Express, Sabushi, Oishi Ramen, Oishi Sushi Bar, OK Suki, IN&OUT the Baker Cafe, and Char for Tea. Additionally, it produces and market green tea drinks under Oishi Green Tea brand name.
4.Ajinomoto- Ajinomoto is the trade name for monosodium glutamate or MSG. Monosodium glutamate is made from the mixing of glutamate with water and salt. Glutamate is glutamic acid that is broken down through cooking, fermentation, or other processes. Glutamic acid is one of the non-essential amino acids making up protein molecules. Asian cooks had been tapping into the flavor enhancing properties of glutamate for many centuries before MSG was isolated. It is not clear whether it was the Japanese or the Chinese who first discovered that a broth made from certain types of seaweeds could enhance foods’ natural flavor.
Ajinomoto history can be traced back to the beginning of the 20th century. Research on seaweed started towards the end of the 19th century, with the production of iodine from seaweed at a facility in Hayama by Naka Suzuki. In 1907, Naka’s son, Saburosuke Suzuki II, established the S. Suzuki Pharmaceutical Co.
An important milestone in Ajinomoto history is that in 1907, Professor Ikeda, a chemist at the University of Tokyo, isolated glutamate from a broth of dried Konbu kelp. In July 1908, he got a patent for monosodium glutamate. Another important milestone in Ajinomoto history is that two months later, Mr. Suzuki approached Dr. Ikeda and became part owner of the patent.
The additive was given the Ajinomoto trade name and production started at S. Suzuki Pharmaceutical Co.’s Zushi factory in December 1908. S. Suzuki Pharmaceutical Co. was renamed S. Suzuki and Co. in 1912. The bigger Kawasaki plant was completed in 1914. The company ventured into New York, its first overseas market, in 1917.
The company got its current name, Ajinomoto Co., Inc., in 1946. The company started advertising Ajinomoto on TV in 1954. Other important milestones in the Ajinomoto history are the establishment of subsidiaries all over the world, including India, Nigeria, China, Peru, Malaysia, Thailand, Philippines, and Brazil.
5.Pepsodent- Pepsodent was a popular brand of toothpaste back in the mid-20th century. It was probably introduced in the earlier parts of the 20th century as a dentrifice in powder form, but eventually took on the recent-day paste form. Pepsodent was owned by the company Unilever, a British and Dutch company that sells an assortment of consumer products throughout the world, and was advertised through commercials and ads to be able to fight tooth decay and whiten teeth. Its most popular slogan was the catchy phrase, “you’ll wonder where the yellow went, when you brush your teeth with Pepsodent”, as evident in the youtube video below. Pepsodent was well-known for its minty flavor derived from sassafras, and was claimed to contain the key ingredients.
10 International Brands
1. Louis Vuitton – Established in 1854, Louis Vuitton designed and introduced flat-bottom luggage trunks made with trianon canvas. It soon became the favorite of Empress Eugenie and the brand took off as the luggage choice for the wealthy. In 1867, the company won a bronze medal at the World Exposition in Paris and its influence spread beyond France. In 1885, Louis Vuitton opened its first overseas store in London. Following the death of his father in 1892, George Vuitton began a campaign to build the company into a worldwide corporation. In 1893, it entered the U.S market and, in 1896, the company launched its signature Monogram Canvas and secured worldwide patents for it. It has since become the classic symbol of the Louis Vuitton brand.
Guccio Gucci created many of his classics early during the 1950’s; products such as luggage, ties, shoes, and the famous handbags sporting the bamboo handle. After his death in 1953, his family was able to take the enormously successful company to new heights by opening stores in Paris, Beverly Hills, London, Palm Beach, and Tokyo. The 1960’s brought increased fame to the Gucci Empire. Such Hollywood stars as Grace Kelly, Peter Sellers and Audrey Hepburn made the name Gucci synonymous with “chic”. Jackie Kennedy helped by being photographed with the Gucci shoulder bag, which subsequently became known as the “Jackie O”. The company adopts the “GG” logo.
But with the fame and recognition of the brand name came some turmoil. While Gucci goods were considered a status symbol of the times, management and inner family seemed to disagree. Brother Maurizio Gucci took an apparently ailing business over from his founding brother, who in turn sold it to an Arab concern in the 80’s.
In the 1990’s, Tom Ford, Gucci’s newest executive head, has brought Gucci back to the center of chic, and now commands a varied line of products including leather fashions, perfumes, colognes, cosmetics, shoes (including the moccasin with the distinctive Gucci snaffle-bit), the “Flora” foulard created for Grace Kelly by Rodolfo Gucci, suitcases, watches, jewelry, silk scarves, sports articles, belt clasps (the one with the Guccio Gucci initials, was introduced 1964), ties, and eyeglasses.
Nintendo’s first foray into gaming was as the Japanese importer of the Magnavox Odyssey, the very first commercially sold video-game console. However, the Odyssey never reached the popularity and fame of Atari‘s Pong game which would be copied by numerous companies in the 1970s. Even, eventually, by Nintendo who released the TV Colour Game in 1977, making it technically the company’s first console.
However, it was in the arcades where Nintendo would eventually make its biggest impression. The 1979 arcade title “RadarScope” was a huge success in Japan but failed upon its release in the US. The game would be dramatically redesigned and re-released as the oddly titled arcade hit game “Donkey Kong” in 1980. Designed by a then unknown Shigeru Miyamoto, the game introduced Mario to the world who would go on to become the company’s mascot. With more arcade hits including the sequels to Donkey Kong and the 1984 hit “Mario Bros.” Nintendo became Japan’s leading arcade game developer.
Additionally Nintendo had success in the early hand-held gaming market with its Game & Watch line of LCD-portable games, which included portable versions of its hit arcade titles.
4.Starbuks- Starbucks Corporation is an international coffee and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 17,009 stores in 50 countries, including over 11,000 in the United States, over 1,000 in Canada, and over 700 in the United Kingdom. Starbucks sells drip brewed coffee, espresso-based hot drinks, other hot and cold drinks, coffee beans, salads, hot and cold sandwiches and panini, pastries, snacks, and items such as mugs and tumblers. Through the Starbucks Entertainment division and Hear Music brand, the company also markets books, music, and film. Many of the company’s products are seasonal or specific to the locality of the store. Starbucks-brand ice cream and coffee are also offered at grocery stores.The first Starbucks was opened in Seattle, Washington, on March 30, 1971 by three partners: English teacher Jerry Baldwin, history teacher Zev Siegl, and writer Gordon Bowker. The three were inspired by entrepreneur Alfred Peet (whom they knew personally) to sell high-quality coffee beans and equipment. The name is taken from Moby-Dick; after Pequod was rejected by one of the co-founders, the company was named for the first mate on thePequod, Starbuck. From 1971–1975, the first Starbucks was at 2000 Western Avenue; it then was relocated to 1912 Pike Place, where it remains to this day. During their first year of operation, they purchased green coffee beans from Peet’s, then began buying directly from growers.
Canon began with cameras and eventually expanded into personal copying machines, color copy machines, and then inkjet and laser printers. One of Canon’s important printer innovations was the bubble-jet printer. According to company legend, a technician accidentally touched the tip of a hot solder gun to a needle filled with ink. The heat caused the ink to spray out of the needle. This led to the development of the first bubble-jet printers in 1981. Canon also played an integral role in developing laser printertechnology and liquid crystal displays.
Synthesis: Every new customer goes through a decision process. And the first decision is “Where do I buy?” The answer to that question is determined by the strength of the brands in consideration. Whether or not you get a chance at the business is determined by the strength of your brand. Lets define Brand, brand is the “name, term, design, symbol, or any other feature that identifies one seller’s product distinct from those of other sellers. Branding goes way beyond just a logo or graphic element. When you think about your brand, you really want to think about your entire customer experience…everything from your logo, your website, your social media experiences, the way you answer the phone, to the way your customers experience your staff. When you look at this broad definition of branding, it can be a bit overwhelming to think about what is involved in your brand. In short, your brand is the way your customer perceives you. It is critical to be aware of your brand experience and have a plan to create the brand experience that you want to have… a good brand doesn’t just happen… it is a well thought out and strategic plan.