Professional Documents
Culture Documents
Assignment: 02
Date: 18th October 2017
By: Sumbul Khan (23235)
Pietro Ferrero, a pastry maker from Piedmont in Italy, ingeniously created a sweet paste made
from hazelnuts, sugar and just a little of the rare cocoa. He shaped it into a loaf that could be
sliced and served on bread and he named it 'Giandujot' after a famous local carnival character
at the time. On May 14th 1946 the Ferrero Company was officially founded.
Ferrero Brands
o NUTELLA
o KINDER
o FERRERO ROCHER
o TIC-TAC
SWOT Analysis
o Strength
o Weakness
o Limited advertising and penetration in emerging economies specially tier 2 cities
o Apprehension about its health effects leading to loss of trust
o Opportunities
o Different flavors i.e., combination of nuts and chocolate
o Increase in disposable income in developing countries
o Readiness and attraction to adapt to western styles of breakfast
o Threats
o Some families may not like chocolate for breakfast
o Rick of imitation (copy) by local companies in some of the countries.