presentation on brown forman (2)
TRANSCRIPT
Introduction and overview Brown Forman is an independent
publicly traded producer & marketerof some of the well known wines& spiltbrand in the world.
Brown Forman combined wines and splitsportfolio is made up of more than 30brands including 9 that exceeded one million cases per year.
Brown Forman has two greatest assets are “our brands and our people”.
Brown Forman offers along with competitive salary and benefits.
Though a last month it announced plans to build a new plant in Decatur Ala (once it’s up and running the new cooperage will employ 200 people).
COMPANY PROFILE
Information:- Industry- Distilled beverage wines
Founded-1870
Headquarters- Louisville, Kentucky,U.S
Key people- Paul C. Varga Chairmen and CEO
Employees -3900(2011)
Website-www.brown -forman.com
Location –Head quarters in Louisville, Kentucky.
In India Gurgaon and Haryana.
Approximately 1000 employees 3900 total employees worldwide.
INVESTOR RELATIONSBrown Forman corporation was founded in 1870 by
George Garvin brown a young pharmaceuticals salesman in Louisville Kentucky who had the novel idea of selling top grade whisky in sealed glass bottles.
History
1870-Founded as jys Brown and Bro.
Distillery by Georde Garvin brown a pharmaceutical salesman, and his half –brother.
Brown has an idea to bottle and sell whisky in sealed glass bottles.
Old forester 1890 George Forman becomes business partner name, changed to Brown Forman
1902 Brown family buys all Forman's stake in the business.
MANAGEMENT BIOS
PAUL C. VARGAChairman and chief
Executive officer
MARK I.MC CALLUMEXECUTIVE VICE PRESIDENT AND CHIEF OPERATIONG OFFICER
JAMES S.WELCHVICE CHARIMAN
DONALD C.BERGEXCEUTIVE VICE PRESIDENT CHIEF FINANCIAL OFFICER
Phil LichtenfelsSenior vice president and chief of staff
Jill JonesExecutive vice president chief production officer
Matthew E.HamelExecutive vice president
General counsel and secretary
MICHAEL J. KEYESPRESIODENT NORTH AMERICAN REGION
LISA STENIAR SENIOR VICE PRESIDENT
GLOBAL HUMAN RESOURCES
KRIS SIRCHIOEXECUTIVE VICE PRESIDENT
CHIEF MARKETING OFFICER
Current product line upWHISKY TEQUILA
Old forester
Canadian mist
Cooling wood
Early times
Jack Daniels
Woodford reserve
Don Eduardo
El Jimador
Herradura
Pepe lapez
VODKA LIQUEUR
Chambord
finlandia
Chambord
Southern comfort
Tuacea
U.S Market Share
BROWN –FORWAN 20.50%
OTHER 16.40%
FORTUNE BRANDS (BEAN
INC) 26.60%
DIAGEO 23.30%
PERNORD RICARD 13.20%
SWOT OF BROWN-FORMAN
The Brown Forman corporation is one of the American-owned companies in the sprits and wine business.STRENGTHS:-
Established regional retailer in the U.SUnique business structure & ESOPs (employee stock
ownership program) structure.Low pricing increases market share during down economy
while higher price grocery competitors struggle for share.
WEAKNESS:- Limited exposure to opportunities In ability to raise capital due to private ownership. Large stores up appealing to some consumer
OPPURTUNITES:- Store expansion
Private label growth.
Growing demand for healthy foods.
THREATS:- Increase labour costs.
Intense competition.
SALES
4 P’s OF MARKETING
NEW MISSION STATEMENTBuilds off corporate slogan “Building Forever”.
Our highest purpose is to enrich the experience of life by creating a growing family of brands that encompasses every adult in a world wide community of responsible drinkers.
OBJECTIVESPromote a community of responsible
drinkers.
Build a family of brands that encompasses
every kind of drinker
Capture tradionally neglected markets.
Create a sense in every sip.
Addressing the problemBeer is high growth cycle.
Product diversification.
Beer is lower cost ,faster cycle market than spirits.
Lower cost and quicker results.
Go private.
Target MarketMen and woman ages21-35
college educated
35k or more a year income
People who are wanting to trade up with regards to beer of choice
STRATEGYDrink local campaignSales associate team for all
4 breweriesBeer testingGo privatePurchase 4 regional breweries. Implement a drink local,
drink America campaign.Leverage trading up/trading
down to capture shifting markets.
VALUES
Brown Forman the time honored values:-
Integrity
Respect
Trust
Teamwork
Excellence
remain real &relevant today guidening in conduct of our day to day business.
VISSION:-
We enrich the experience of life in our own way by
responsibility building beverage alcohol brands that thrive & endure for generations.
our vision is to build forever starting with our 10 year strategy B-F 150,which directs our efforts toward 2020,the year of our company 150th
anniversary.
ENRICHING-LIFE
Purpose-we enrich the experience of life in our own way by responsibility building beverage alcohol brands that thrive &endure generations.
BE CURIOUS BE COURAGENESSBE
COLLABORATIVEBE CREATIVE BE CHAMPION
CONCLUSIONBrown Forman is 142 years old known that is the best
known for producing,marketing,selling.It has best known beer brands.
Brown Forman also work Ashai in Australia ,as its owns the Schweppes company that serves as co packer for the company RTD brands.
Mark MC. Callum chief operating officer(coo) of Brown Forman said that our Jack Daniel &early times brands are two of largest selling international whiskey brands.
SUBMITTED BY:-GROUP CANKESH MISHRA
DEEKSHA MAURYA
SHALINI SHARMA