IMC (INTEGRATED MARKETING COMMUNICATION) Essay Example | Topics and Well Written Essays - 1500 words

IMC (INTEGRATED MARKETING COMMUNICATION) - Essay Example Their commitment towards brand building with the dedication of its staff and employees and more so the devotion in terms of time and hard work is something that needs to be understood in the proper perspectives before we delve any further into this equation. The mission of JWT is to recognize the talents of the people who are the very best and nothing less is ever tolerated or compromised upon. It is because of this ideology that JWT has been able to create brands which have broken the clutter; no matter the campaign was of US origin or one that a short term tactical tilt to it, even in Australia. The belief and dependence on time is something that holds a lot of importance for the agency staff and it is apparent from their working regimes as well. The major competitors of JWT in terms of agency work and media buying include McCann Erickson, Saatchi & Saatchi, Foote, Cone and Belding (FCB), Leo Burnett and so on and so forth. [JWT] The current clients of JWT Worldwide include Unilever, Vodafone, HSBC, Ford, Kraft Foods, Shell, Rolex, Reckitt Benckiser, Pfizer, Nestle, Kellogg’s, Domino’s Pizza, Diageo and a host of others. Unilever is handled by JWT in more than seventy nations across the globe and thus it goes to show that the products of Unilever are marketed, advertised and promoted courtesy JWT. [Unilever] Unilever is one of the biggest revenue generating units in the world and more so, within the US and European markets. The efforts and endeavors of Unilever have made their due mark even in the developing markets like India, Pakistan and United Arab Emirates to name a few, where there has been seen tremendous growth. Domino’s Pizza chains are handled by JWT across the United States. It was about a decade back, in the year 1996 that the agency took over the advertising and promotion handling of the pizza chain which at the present times is one of the most developing and promising acros s the foods category

Expand business Essay Example | Topics and Well Written Essays - 1250 words

Expand business - Essay Example In other words, it is a process of undertaking two or more unrelated product lines for the purpose of diversification. The rationales behind adoption of this concept are: cost advantage by diversifying production activities, maximum utilization of resources and mitigation of risk associated with operations in single market (Wiersema & Bowen, 2008). The only relevance that can be developed among the products is that all four products of the company cover low, mid and high level markets. The luggage line covers the lower section of the market; the writing instruments cover mid-level consumers, while the LED TVs are sold at higher end of the market. Lastly, miscellaneous plastic and paper tags are useful across all kind of markets. In conglomerate diversification, it is difficult to relate diversified products of the same company as a part of same base. However, the brand equity of each product indirectly adds to overall brand equity of the company. Conglomerate diversification is a major growth strategy that brings forward different hidden opportunities that a company can pursue, when market for one of its line of business is saturated. It is important to realize that with product line diversification, a company can achieve greater market share and growth rate within comparatively small period of time. In addition, this is one of the most suited strategies for internationalization. In international venture, most companies pursue two kinds of strategies: horizontal or related integration and conglomerate or unrelated integration. The main advantages of related integration is that the company can continue growing in the same sector by producing or introducing similar or related product under the same branch. The following section focuses on product elimination, when a company switches from unrelated to related diversification strategy (Wan &