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MARKETING PLAN
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Power of BEER~!
1.0 Executive Summary
Hite Brewery Company Limited (pronounced /hat/) is a South Korean brewery company headquartered in Yeongdeungpo-gu, Seoul. Its main products are beer, rice wine, and mineral water. The company was established as Chosun Breweries in 1933. In 2001 the company had three factories, and in 2002 its share of the domestic beer market was some 55%, up from 30% in 1992.
Hite Breweries is listed on the Korea Stock Exchange, code HITE BREW....
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MARKETING PLAN
¡ÙMAX¡Ù
Power of BEER~!
1.0 Executive Summary
Hite Brewery Company Limited (pronounced /hat/) is a South Korean brewery company headquartered in Yeongdeungpo-gu, Seoul. Its main products are beer, rice wine, and mineral water. The company was established as Chosun Breweries in 1933. In 2001 the company had three factories, and in 2002 its share of the domestic beer market was some 55%, up from 30% in 1992.
Hite Breweries is listed on the Korea Stock Exchange, code HITE BREW.
In 2006, the company acquired Jinro, a popular soju company in Korea.
¡Ý Brands and products
Hite
The #1, top selling beer in Korea. Hite lager is golden in colour and is styled upon traditional European and American lagers. Like the American adjunct lager Budweiser, it is brewed from barley malt and rice. Along with OB and Cass, Hite is often found on draft in Korean bars and pubs. Most drinkers consider the draft versions of Hite, Oriental Brewery and Cass to be more or less interch¡¦(»ý·«)
y faced difficulties facing customers and winning over the competitor company OB. Through up-graded marketing of Max, Hite now will increase the brand RECALL of Max. The marketing also help the company gain the new customers and it`s customer databases by distinctive marketing strategy.
2.1 Marketing Summary
Hite already possess abundant information about the Korean Liquor Market and it also has vast customer databases. This marketing will help the company to gain more new customers and make turn current customers into LOYAL CUSTOMERS.
It will also bring satisfaction to the customers needs and delight them with distinctive value delivery system.
Target Market
¡Û Night Life
¡Û Leisure
¡Û Recreational
¡Û Beverage - With Food
¡Û Summer
2.1.1 Market Demographics
The profile for the typical Hite-Max customer consists of the following geographic, demographic, and behavior factors.
Geographic
- Max has no specific geographic target area since the beer itself is to target the w