Savoring Global Success: Unpacking Branding and Marketing Strategies in the Food and Beverage Industry

  • Keshav Bhardwaj
  • Show Author Details
  • Keshav Bhardwaj

    Student at Indian Institute of Management, Rohtak, Haryana, India

  • img Download Full Paper

Abstract

This research paper, titled "Savoring Global Success: Unpacking Branding and Marketing Strategies in the Food and Beverage Industry," explores the critical role of branding and marketing in the international success of food and beverage companies. In an increasingly interconnected world, establishing a strong brand identity is paramount for businesses aiming to thrive across diverse global markets. The study highlights the challenges these companies face, including cultural differences, regulatory requirements, and intense competition, while emphasizing the importance of tailored marketing strategies that resonate with local consumer behaviors and preferences. The paper investigates how multinational corporations (MNCs) can effectively balance global brand consistency with local adaptation through strategic branding efforts. It delves into the significance of localization in product offerings and marketing communications, illustrating how successful brands navigate the complexities of international markets to foster consumer trust and loyalty. Furthermore, the research assesses the impact of branding on consumer purchasing behavior, revealing that a well-defined brand not only enhances recognition but also influences buying decisions on a global scale. Through a combination of qualitative and quantitative methodologies, including surveys and statistical analyses, this study aims to provide actionable insights for food and beverage companies seeking to refine their branding strategies. Ultimately, it underscores the necessity of understanding market dynamics and consumer expectations to achieve sustainable growth and competitive advantage in the global landscape.

Type

Research Paper

Information

International Journal of Law Management and Humanities, Volume 8, Issue 2, Page 490 - 518

DOI: https://doij.org/10.10000/IJLMH.118988

Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.

Copyright

Copyright © IJLMH 2021