Professional Documents
Culture Documents
What a “Colgate Smile” is a phrase commonly used as a compliment about one’s smile. It has been
popularized throughout the whole world, due to Colgate’s good reputation as a successful business.
Period/Timeframe: 1806-Current
Goals:
To expand their operations and develop their strategies for the local market and to open an
international subsidiary in different countries with both geographical proximity and cultural
similarities.
To assess the internalization of the company and start a starch, soap, and candles company in
different countries.
To understand the market needs, and therefore develop suitable products, different
logistics/distribution chains, and different production systems.
The company’s international growth was slow during the 1800’s due to differences in cultural
preference.
The competition between the competitors in the field, which are Unilever and Proctor and
Gamble is becoming extremely fierce.
End Results:
Reference:
https://studymoose.com/colgate-palmolive-international-business-strategy-essay
https://stevegeibel.wordpress.com/2016/08/10/lessons-in-entering-emerging-marketscountries/
https://www.marketing91.com/marketing-strategy-of-colgate/