Wednesday, February 20, 2019
Moet and Chandon
Saturday, March 23, 13 The beings most LOVED bubbly Saturday, March 23, 13 narrative & Background ?Part-holder of LVMH (66% share in M&C) ? Established in 1743 by Claude Moet as Moet et Cie (Moet&Co. ) for wine trading ? Began vocation in 1750 by preparation the Royal Court at Compiegne ? In 1750 also shipping to Germany, Spain, east EU, and colonial British America ? In 1972, denim-Remy Moet (grandson) has begin the winery ware by buying vineyards ? While the French Benedictine monk, Dom Perignon, mastered double-fermentation for creating bubbly Now owns more than 2,500 acres vineyards ? Produce approx 26M bottles of champagne annually ? Accounts for approx 25% of global champagne market (by volume) Saturday, March 23, 13 LVMH brands Saturday, March 23, 13 Moet at a Glance ?4 Main Products ? Moet Imperial ? move up Imperial ? Nectar Imperial ? Moet Ice Imperial ? Grand vintage ?Plus other vintage and special limited-edition champagnes Saturday, March 23, 13 Moet at a Glan ce ? In-media appearance ? Slogan Be Fabulous ? target ads ? of? cial website ? Facebook ? YouTube ? Twitter ? iOS applications Saturday, March 23, 13Moet at a Glance ? Marketing stead ? Perceived to be the most prominent brand in online ground (partly due to extensive online advertising and Roger Federer) ? The biggest export market is UK but the consumption volume is slightly declining Saturday, March 23, 13 Strategy ? Glocal strategy in 2011, began to grow grapes in Northwest China with farm operator Ningxia Nongken entrust be Chinas ? rst-time-ever made in China bubbly Aim to capture Asia market esp China and India with joint dissemble approach Has done this for the U. S. for 30 yrs ald (sells in the U. S. nder brand Roederer Estate, Chandon) Grow business by encouraging younger audience to engage with the brand ? ? ? ? In the Night concept of brand communication (in cinema platform) using movie stars and reference for celebration To achieve Champagne of Cinema image, Moet appears in assorted hollywood movies and at international ? lm festivals, private dinners, parties and premieres Boost sports conglutination via Roger Federer ? ? ? Saturday, March 23, 13 Main Competitors ?Veuve Cliquot et Ruinart (LVMH) ? Remy Cointreau (Piper-Heidsieck) ? BCC (Boizel Chanoine Champagne) ?Pernot-Ricard (Perrier-Jouet et Mumm) Saturday, March 23, 13 Key Persons Bernard Arnault (Bernard Jean Etienne Arnault) LVMH director Saturday, March 23, 13 Key Persons Stephane Baschiera, president and chief executive director of Moet & Chandon (since Mar 2012) ? Stephane Baschiera joined Moet Hennessy, the wines and spirits division of LVMH, in 1996 and since then has been commercial Director of Moet Hennessy Diageo France, Director of Moet Hennessy in Italy, and then Chief executive Of? conditioned emotion of the Maison Ruinart. ? Since 2009, he has held the position of Chief Executive Of? er of the Maison Veuve Cliquot Ponsardin, and has contributed to the excellent surgery of the Maison since that time. About Jean-Marc Lacave, former CEO Jean-Marc Lacave will become Chief Executive Of? cer of Veuve Clicquot Ponsardin. Jean-Marc Lacave joined the Watches & jewellery division of the LVMH group in the coupled Kingdom in 2001. Since 2007 he has been Chief Executive Of? cer of Watches & Jewelry in Asia. Saturday, March 23, 13 Moet & Chandon Organization chart Saturday, March 23, 13 Hot Issues ? In Dec, 2012, Roger Federer became brand ambassador (in place of Scarlett Johansson, former BA signed in 2009) In Sept, 2013, will serve as the of? cial champagne of the 34th Americas Cup (sailings most esteemed international race) ? Signal tht M&C targeting at hi-so sports sectors with concept Champagne of Victory ? In 2012, was analyzed to be loosing brand value (declined by 13% or ? over $500 million) brand value at $3. 8 billion (98th rank fall from 77th at $4. 3billion in 2011) skill due to the emerging part of the world that do not moreover asso ciate champagne with celebration ? Recently opened White 1921, a boutique hotel in St. Tropez ? Recently launched celebrity-hosted tours worldwide Saturday, March 23, 13
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