Subject category:
Marketing
Published by:
International Institute for Management Development (IMD)
Version: 06.08.2010
Length: 15 pages
Data source: Field research
Abstract
This is part of a case series. Plumrose Latinoamericana, a subsidiary of the Danish Group, The East Asiatic Company Ltd A / S (EAC), better known in Venezuela as Plumrose, is the country's largest player within the processed meat industry. Bent Porsborg, CEO of Plumrose, was concerned that despite repeated marketing efforts, Plumrose's share in the deviled ham category had been stagnating, at less than 10% over the last 10 years, while the market leader Underwood, a General Mills brand, enjoyed close to 90% market share. To add insult to injury, the general manager of General Mills Venezuela told Porsborg, at a meeting in 2004, that he did not really consider Plumrose as a competitor. Following that meeting, Porsborg immediately created a special task force to launch an aggressive attack in the deviled ham category.
Location:
Industry:
Size:
Sales of USD230 million, 3,400 employees
Other setting(s):
2004-2005
About
Abstract
This is part of a case series. Plumrose Latinoamericana, a subsidiary of the Danish Group, The East Asiatic Company Ltd A / S (EAC), better known in Venezuela as Plumrose, is the country's largest player within the processed meat industry. Bent Porsborg, CEO of Plumrose, was concerned that despite repeated marketing efforts, Plumrose's share in the deviled ham category had been stagnating, at less than 10% over the last 10 years, while the market leader Underwood, a General Mills brand, enjoyed close to 90% market share. To add insult to injury, the general manager of General Mills Venezuela told Porsborg, at a meeting in 2004, that he did not really consider Plumrose as a competitor. Following that meeting, Porsborg immediately created a special task force to launch an aggressive attack in the deviled ham category.
Settings
Location:
Industry:
Size:
Sales of USD230 million, 3,400 employees
Other setting(s):
2004-2005