StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Analysis of Phillip Morris - Assignment Example

Cite this document
Summary
The paper "Analysis of Phillip Morris " highlights that older smokers are important as well and the firm should show appreciation for their business. In the future, the company may make further cultural adaptations to comply with the needs of different cultures worldwide…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.5% of users find it useful
Analysis of Phillip Morris
Read Text Preview

Extract of sample "Analysis of Phillip Morris"

The firm has chosen to implement a global strategy that allowed the firm to reach the highest amount of the population by penetrating 180 of the 210 countries worldwide (Pmi). The company complies with its legal requirement of notifying in the packaging of each box of cigarettes that their product should only be used by people above the age of 18 years. This strategy shows that the company is socially responsible. Another demographic group that the firm warns should not smoke its product is pregnant women. Once again the label of the cigarette box states that cigarette smoking is dangerous for women that are pregnant. These two packaging warnings are examples of how Phillip Morris has adapted to the social-cultural environmental force.

The demographic target market of Phillip Morris is smokers between the ages of 18-35 years of age. The creation of the Marlboro Man is an example of a character that was created by the company to adapt to the social-cultural force by creating a character the common person could relate to.  These smokers are more receptive to changes in brand. Older smokers tend to purchase the same brand of cigarettes every day. It is important for cigarette companies such as Phillip Morris to achieve customer retention due to the fact a daily smoker that stays with your company and purchases a daily box at $6 generates  $2,190 in retail sales yearly.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Discussion Assignment Example | Topics and Well Written Essays - 250 words - 3”, n.d.)
Discussion Assignment Example | Topics and Well Written Essays - 250 words - 3. Retrieved from https://studentshare.org/marketing/1587823-discussion
(Discussion Assignment Example | Topics and Well Written Essays - 250 Words - 3)
Discussion Assignment Example | Topics and Well Written Essays - 250 Words - 3. https://studentshare.org/marketing/1587823-discussion.
“Discussion Assignment Example | Topics and Well Written Essays - 250 Words - 3”, n.d. https://studentshare.org/marketing/1587823-discussion.
  • Cited: 0 times

CHECK THESE SAMPLES OF Analysis of Phillip Morris

Kraft Foods, Incorporated: A Strategic Management Perspective

Most of the revenues acquired by Kraft Foods Company were managed by Philip morris Companies... Center of discussion in this paper is Kraft Foods Inc.... as the second largest confectionery, food and beverage corporation across the world, and is the largest in the United States....
59 Pages (14750 words) Thesis

The Process of Preparing the Marketing Plan at the Global Tobacco Industry

Marketing Plan Abstract The report is about formulating a marketing plan for Philip morris, the tobacco giant of USA.... Furthermore the report has also presented the marketing strategy by which Philip morris can grab the intended market segment.... The report has also conducted SWOT analysis for identifying the strengths, weaknesses and also the external threats & opportunities....
12 Pages (3000 words) Assignment

Cigarette Smoking And Its Alternatives

Cigarette Smoking And Its Alternatives [University] [Instructor Name] Are today's alternatives to cigarette smoking actually any safer than smoking?... Tobacco smoking is what companies which sell cigarettes are essentially promoting.... hellip; This is the practice of burning the tobacco and taking it into your lungs, or inhaling simply the smoke that comes out of the burnt mixture....
13 Pages (3250 words) Term Paper

Background of St George Cabinet

George Cabinet Saint George's Cabinet was made in 1861 by Phillip Webb, a renowned architect of the time, as well as his collaborator William morris.... The focus of the cabinet began with the philosophy of a group of artists and individuals which morris and Webb both belonged to movements which were interested in keeping the fine arts as a main association in society.... Each of these were known as an approach to the decorative and ornamental arts because of the intricate work done, and that both Webb and morris believed had value in developing a different association with the arts in the current time frame3....
14 Pages (3500 words) Essay

Education in African Americans Community

To help in the inquiry and analysis of the current situation of education in the African American communities this study utilizes the Burke's Dramastic Pentadic Criticism.... However, it was still impossible to address the historical injustices (morris & morris, 1999)....
7 Pages (1750 words) Essay

The ethical and moral concerns ignored by the three Tobacco companies

hellip; It is evidently clear from the discussion that the three Tobacco Companies Philip morris, Reynolds and Liggett are accused of concealing harmful information about their products from the consumers.... Philip morris, Reynolds and Liggett, the three renowned tobacco companies are accused of deceiving the public with incorrect information about their products....
10 Pages (2500 words) Essay

Business Analysis of British American Tobacco

nternal & External AnalysisTwo of the most effective tools used widely for internal and external analysis of an organization are PEST and SWOT.... Philip morris leads the market with 18% share, BAT follows with 11%, while Imperial Tobacco and Gallaher hold fourth and fifth position in the global tobacco pie....
10 Pages (2500 words) Case Study

Opion as a Company Dealing with Buzzes Scores of the Stock Indices

hellip; The company's work is done primarily in stock trading analysis and movies at the box office. ... om) which provided clients with actual stock analysis based on technical grounds.... Stockscores was actually superfluous because it did not provide analysis based on verbal speculation but Mindfuleye was more of a competition although none of these were considered actual competitors of Opion....
7 Pages (1750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us