Professional Documents
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Nguyen Van Tai Gbd210030 Gbd1008a Asm1 5131
Nguyen Van Tai Gbd210030 Gbd1008a Asm1 5131
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Sabeco's product innovation and development, strategies, and tactics to guide the allocation of
assuring alignment with changing tastes (Sabeco, resources and activities that drive sales
Sabeco's brand equity and the enduring loyalty it its strategic savvy. The organization realizes the
has developed throughout the years (Sabeco, critical need of preparing in navigating a volatile
3.2.1. Sales Methods and Approaches professionals adapt to changing market conditions,
connect with consumers, and meet sales targets
Selling strategies and approaches serve as a direct
(Haas, et al., 2012; Sabeco, 2023).
relationship between a company and its clients. It
Sabeco understands that having an educated and
entails developing relationships, addressing
professional sales force is critical to its success
concerns, and delivering value propositions that are
(Sabeco, 2023). This comprehensive strategy
relevant to the needs of the consumer (Jobber &
enables the sales staff to engage customers, answer
Lancaster, 2019). Effective selling strategies
questions, and promote seamless transactions
improve client pleasure, create brand loyalty, and
(Sabeco, 2023; Jap, 2001). Furthermore, Sabeco's
contribute to revenue generation, making them an
thorough attention to sales strategies and robust
essential component of sales management (Loe &
sales force training demonstrates the company's
Inks, 2014).
commitment to providing great customer
Sabeco's sales strategies and approaches work as a
experiences.
dynamic compass, guiding its interactions with
customers and partners, facilitating frictionless 3.3. Reporting
transactions, and cultivating long-term Sales reporting entails gathering, analyzing, and
relationships (Sabeco, 2023). The organization interpreting data on sales activities, performance
takes a multifaceted approach to sales, mixing indicators, and market trends. It includes
conventional and innovative tactics. Furthermore, monitoring key performance indicators (KPIs),
Sabeco's consumer-centric approach is supported analyzing sales results, and creating insights to help
by intelligent product placement and enticing with decision-making and plan building (Jobber &
marketing initiatives (Sabeco, 2023). Lancaster, 2019).
characterized by large and powerful buyers who 2019) Negotiations are strategic, with a focus on
buy primarily to further organizational objectives mutual growth and long-term business ties.
Sabeco's B2C sales methods are focused on Sabeco recognizes that B2C purchasing behavior is
establishing emotional relationships (Sabeco, frequently influenced by emotional impulses,
2023). To engage customers, its sales teams use which are influenced by elements such as brand
narrative, immersive marketing, and personalized loyalty, perceived value, and personal preferences.
techniques. The customer journey is methodically Customers want memorable experiences and
planned to provide seamless interactions, products that fit their lifestyle (Sabeco, 2023).
convenience, and memorable experiences that are
5. Analysis of Sales Structure
personalized to the customer's preferences (Sabeco,
2023). 5.1. Sale structure overview
Retail:
Building connections: Working with distributors allocation across multiple markets (Jobber &
promoting Sabeco's products by using their Habeco's product-based structure, and Heineken's
geography-based structure are all evaluated,
skills and knowledge (Sabeco, 2023; Jobber &
highlighting the diversity of sales management
Lancaster, 2019).
tactics. These methods emphasize the significance
of aligning with business goals, customer demands,
and market subtleties (Ramos, et al., 2023). While
each structure is unique, each has the ability to
drive growth, innovation, and client loyalty. The
decision between these structures necessitates
thorough analysis of the industry, target audience,
and strategic aims of the business (Jobber &
Lancaster, 2019; Thaichon, et al., 2018). Finally, a
good sales structure improves client involvement,
maximizes resource use, and aids in the fulfillment
of long-term business goals (Jobber & Lancaster,
2019).
such as cultural norms and health consciousness. Integrate a holistic plan to revitalize Sabeco's sales
Technologically, embracing automation and digital approach: initiate discussions with finesse,
marketing can increase output and reach. These empathetically discover needs, present solutions
factors, taken together, highlight the intricate effectively, adeptly address objections, negotiate
interplay between Sabeco's operations and the jointly, seal agreements confidently, and nurture
larger Vietnamese environment. This analysis is post-sales ties passionately (Jobber & Lancaster,
continually expanded in Appendix 4. 2019; Sabeco, 2023). Increase conversions, build
long-term client relationships, and exemplify
Sabeco's continuous dedication to value delivery. context of Sabeco. Sabeco can differentiate itself in
Appendix 5 will provide a detailed explanation of the competitive beer industry and generate a
this technique. durable competitive advantage by prioritizing the
establishment of genuine connections with both
6.4. Sale chanel
individual consumers and business clients. This
It is critical for Sabeco to connect distribution provides a more detailed description of Appendix
techniques with the different demands and 7.
preferences of Sabeco target market when
7. Conclusion
developing an efficient sales channel plan. Sabeco
can assure global product availability, improve Finally, this assignment looked at the practical
consumer convenience, and drive sales growth by application of sales management principles in the
proactively selecting and managing distribution context of Sabeco, a major player in Vietnam's beer
channels. To increase market penetration and client market. The assignment provided valuable insights
involvement, Sabeco recommended sales channel into effective sales planning, customer relationship
plan incorporates both old and innovative ways. It management, and strategic communication through
is explained in detail in Appendix 6. an analysis of Sabeco's sales performance,
exploration of different modes of selling, critical
6.5. Relationship selling
evaluation of its sales structure, and the proposal of
Relationship selling is a sales strategy that
a sales strategy for a new product. The assignment
emphasizes the establishment and maintenance of
improved Sabeco understanding of how sales
long-term connections with clients. It extends
techniques can be tailored to meet specific market
beyond transactional contacts to understand the
demands and leverage the company's strengths by
requirements, preferences, and challenges of
delving into Sabeco's operations. Overall, the
customers (Jobber & Lancaster, 2019).
assignment provided a thorough examination of
Relationship selling seeks to develop value and
sales management principles in Sabeco's dynamic
trust over time, which results in recurring business,
and competitive operating environment.
client loyalty, and favorable word-of-mouth
referrals (Haas, et al., 2012).
Sabeco application:
2. Dugan, R., Ubal, V. & Scott, M., 2023. Sales well-Being: A salesperson-focused framework for
individual, organizational, and societal well-being. Journal of Personal Selling & Sales
Management,, 43(1), pp. 65-83.
3. Ehret, M., 2004. Managing the trade-off between relationships and value networks. Towards a value-
based approach of customer relationship management in business-to-business markets. Industrial
Marketing Management,, 33(6), pp. 465-473.
4. Haas, A., Snehota, I. & Corsaro, D., 2012. Creating value in business relationships: The role of sales.
Industrial Marketing Management, 41(1), pp. 94-105.
7. Jap, S., 2001. The strategic role of the salesforce in developing customer satisfaction across the
relationship lifecycle. Journal of Personal Selling and Sales Management, 21(2), pp. 95-108.
8. Jobber, D. & Lancaster, G., 2019. Selling and Sales Management. 8th ed. England: Prentice Hall.
10. Loe, T. & Inks, S., 2014. The Advanced Course in Professional Selling. Journal of Marketing
Education,, 2(36), pp. 182-196.
11. Mansoori, S., Harkonen, J. & Haapasalo, H., 2023. Productization and product structure enabling
BIM implementation in construction. Engineering, Construction and Architectural Management,,
30(5), pp. 2155-2184.
12. Neuhaus, T., Millemann, J. A. & Nijssen, E., 2022. Bridging the gap between B2B and B2C:
Thought leadership in industrial marketing – A systematic literature review and propositions.
Elsevier, 1(1), pp. 99-111.
13. Payne, A. & Frow, P., 2016. Customer relationship management: Strategy and implementation. In
The Marketing Book, 1(1), pp. 439-466.
14. Ramos, C., Claro, D. & Germiniano, R., 2023. The effect of inside sales and hybrid sales structures
on customer value creation. Journal of Business Research, 154(1), p. 113343.
17. Thaichon, P., Surachartkumtonkun, J., Quach, S. W. S. & Palmatier, R., 2018. Hybrid sales
structures in the age of e-commerce. Journal of Personal Selling & Sales Management,, 38(3), pp.
277-302.
18. Thuy, C., 2020. Sabeco, Habeco “bốc hơi” tiền tỷ sau Nghị định 100, vì sao?. [Online]
Available at: https://vov.vn/kinh-te/sabeco-habeco-boc-hoi-tien-ty-sau-nghi-dinh-100-vi-sao-
998614.vov
[Accessed 8 August 2023].
19. VIOIT, 2023. Ministry Of Industry And Trade Research Institute Of Strategy, Industry Trade Policy.
[Online]
Available at: https://vioit.org.vn/vn/tin-hoat-dong-nganh/tong--quan-nganh-bia--ruou--nuoc-giai-
khat-viet-nam--4840.4056.html
[Accessed 10 August 2023].
Appendix 1:
1. Targeted Customer Interactions: Sabeco planning and co-creation over time, providing
ensures highly tailored interactions by aligning significant value to both parties.
sales teams with distinct customer segments. A 4. Industry Insights and Innovation: Sales teams
sales team dedicated to a specific industry, such as that specialize in a specific customer segment gain
restaurants, has in-depth knowledge of the sector's valuable insights into industry trends, challenges,
unique challenges, preferences, and demands. This and emerging opportunities. Sabeco can use these
knowledge translates into personalized interactions insights to improve its product offerings, introduce
in which sales representatives can empathize with innovations that directly address industry pain
customers, address their specific needs, and offer points, and maintain a competitive advantage.
relevant solutions (Loe & Inks, 2014; Jobber & Sabeco's reputation as an industry leader is
Lancaster, 2019). strengthened by its agility and industry-focused
2. Personalized Solutions: Sabeco's customer- innovation.
centric structure enables sales teams to create 5. Long-Term Loyalty: Sabeco fosters long-term
personalized solutions. A sales team focused on loyalty through its customer-focused structure.
entertainment venues, for example, can work Sales teams dedicated to specific customer
closely with these establishments to create segments gain a thorough understanding of
beverage offerings that appeal to their clientele. customer preferences, allowing them to anticipate
This customized approach not only improves needs and provide proactive solutions. This not
customer satisfaction but also strengthens Sabeco's only improves customer retention but also fosters
position as a strategic partner, contributing to its
advocacy, as satisfied customers become vocal
customers' success (Jobber & Lancaster, 2019). advocates for Sabeco's products in their respective
3. Relationship Building and Partnership: industries.
Relationship building is at the heart of Sabeco's Finally, Sabeco's customer-based sales structure
customer-centric approach. A dedicated sales team serves as a strategic pillar that propels the company
for each customer segment can devote time and beyond transactional interactions. It represents a
energy to cultivating strong, long-lasting commitment to understanding, engaging, and
relationships. These connections go beyond enriching customer relationships in a variety of
transactional exchanges, evolving into partnerships
industries. Sabeco positions itself as a trusted ally
marked by mutual trust, shared goals, and ongoing in its customers' growth journeys while driving its
collaboration. This facilitates joint business own success in the competitive beverage market by
fostering tailored interactions, custom solutions, consumers, it has also successfully established a
and long-term partnerships (Jobber & Lancaster, quality reputation on the international stage. 333
2019). Beer has gained global recognition after being
exported to more than 17 countries, including
Appendix 2:
discerning markets such as Japan, Australia,
Impressive Design and Craftsmanship: The
Germany, and the United States (Sabeco, 2023).
premium 333 beer comes in an enticing amber
Conclusion: Sabeco's premium 333 beer
bottle with a refined silver label. Its design exudes
exemplifies the company's commitment to
elegance and is enhanced by the use of luxurious
producing exceptional products. Sabeco has
materials. This visual appeal reflects the
created a beer that not only captivates the taste buds
meticulous attention to detail and commitment to
but also embodies the essence of quality and
providing a premium product (Sabeco, 2023).
cultural richness through meticulous
The exquisite taste of 333 premium beer is a
craftsmanship, cultural appreciation, and a
harmonious blend of ingredients sourced from all
commitment to meeting diverse preferences. As
over the world. The use of German Hallertau hops,
333 Premium Beer continues to make a name for
a century-old French recipe, and Vietnamese
itself at social gatherings and events, it represents
artisans' expertise result in a flavor profile that
elegance, sophistication, and camaraderie, making
tantalizes the senses. This marriage of ingredients
it a treasured companion for any occasion.
and craftsmanship results in a beer that is not only
Appendix 3:
delicious but also a testament to Sabeco's
dedication to quality (Sabeco, 2023). Sabeco's SWOT Analysis in the Vietnamese
Market
Meeting a Variety of Preferences: Sabeco's
premium 333 beer caters to a variety of tastes. With Strengths:
a slim and sturdy bottle, its innovative design Sabeco is a dominant player in the Vietnamese beer
ensures a comfortable grip and a convenient market, with a long history and widespread brand
drinking experience. The brand's use of elegant recognition.
white, strong silver, and delicate gold and red
Sabeco has a diverse portfolio of beer products that
accents pays homage to traditional Asian aesthetics
cater to various consumer preferences and
while also appealing to modern sensibilities
segments.
(Sabeco, 2023).
Sabeco has robust production facilities and
Market Presence and Recognition: Sabeco's 333
capabilities, allowing it to meet the demands of the
brand is the market leader in Vietnam. With a long
local market.
history and enduring popularity among domestic
Distribution Network: The company has a large Digital marketing can help Sabeco reach and
distribution network that reaches many different engage a younger demographic while also
regions and ensures that its products are widely increasing brand visibility.
available. Threats:
Weaknesses: Regulatory Issues: The beer industry is subject to
Sabeco faces stiff competition in the Vietnamese stringent regulations that can have an impact on
market from both domestic and international beer production, marketing, and distribution.
brands. Health Concerns: As people become more
While Sabeco has made strides in quality concerned about their health, beer consumption
improvement, there may still be lingering may decline, affecting sales.
perceptions of quality issues affecting its Economic fluctuations can have an impact on
reputation. consumer spending on discretionary items such as
Sabeco's international presence is limited in alcoholic beverages.
comparison to some global beer giants. Increasing Competition: The entry of new players,
Dependence on the Domestic Market: Sabeco's as well as the expansion of existing competitors,
revenue is heavily reliant on the domestic market, may increase competition and impact market share.
making it vulnerable to changes in local consumer Sabeco's strong market presence, diverse portfolio,
preferences and economic conditions. and distribution network are valuable assets.
Opportunities: Addressing quality perception and capitalizing on
opportunities such as premiumization and export
Expanding the Craft Beer Segment: Sabeco can
growth can help the company navigate the
diversify its product portfolio and attract a niche
challenges of the Vietnamese beer market, such as
segment by expanding its craft beer segment.
competition, regulation, and changing consumer
Sabeco has the potential to expand its international
trends.
footprint by exporting its products to new markets,
Appendix 4:
capitalizing on the popularity of Vietnamese
culture and cuisine. Sabeco's PESTEL analysis in the context of the
Vietnamese market reveals several external factors
Premiumization Trend: Consumer preferences for
influencing its operations:
premium and high-quality products provide
opportunities for Sabeco to develop and market Factors of Politics:
premium beer offerings.
growing environmental consciousness (Virac,
2023).
Government Regulations: Sabeco's business
strategies are influenced by stringent regulations Water Scarcity: It is critical for responsible
governing alcohol production, marketing, and brewing to ensure sustainable water usage.
distribution (Sabeco, 2023). Legal Considerations:
Fiscal Policies: Alcoholic beverage tax rates can Regulatory Compliance: It is critical to adhere to
have an impact on pricing and consumer demand legal requirements for labeling, advertising, and
(Sabeco, 2023). quality standards (VIOIT, 2023).
Economic Considerations: Licensing and Permits: It is critical to obtain and
Economic growth in Vietnam drives consumer renew the necessary licenses for production and
spending, which affects beer sales (Virac, 2023). distribution (Sabeco, 2023).
Income Levels: Affordability and consumption Understanding these external factors enables
patterns are influenced by disposable income levels Sabeco to modify its strategies in order to navigate
(Virac, 2023). challenges and capitalize on opportunities in the
Vietnamese beer market.
Social Aspects:
Appendix 5:
Cultural norms regarding alcohol consumption
influence market preferences and behaviors Sabeco Sales Techniques Improvement Proposal
(Sabeco, 2023). Introduction: The propose a comprehensive
Growing health consciousness may shift consumer approach that aligns with the key stages of
preferences toward healthier alternatives. successful selling techniques in our pursuit of
improving Sabeco's sales performance. Sabeco can
Factors Technological:
improve customer interactions, drive conversions,
Automation and innovative brewing techniques
and foster long-term relationships by integrating a
can improve production efficiency.
strategic blend of skills and attributes across these
Digital Marketing: Using technology to market can stages. This proposal outlines how these techniques
help you reach a larger audience and engage will be used within Sabeco's sales framework.
younger customers.
Opening: To effectively engage potential clients,
Environmental Aspects: Sabeco sales team will focus on impeccable
Concerns about sustainability: Eco-friendly communication skills at the initial point of contact.
production and packaging practices can align with A welcoming and friendly demeanor will set the
tone, ensuring a positive first impression that
captures attention and opens the door to meaningful Closing the Sale: Our closing strategy will be
conversations. defined by confidence and persuasive
communication. Our sales representatives will
Identification of Needs and Problems: Empathy
review the value proposition, address any
will be at the heart of our approach. Our sales
remaining concerns, and assist clients in making
representatives will actively listen, demonstrating a
informed decisions. Sabeco are committed to
genuine interest in understanding the needs and
fostering trust and facilitating a smooth transition.
challenges of their clients. This will uncover
specific pain points and tailor our solutions by Follow-up: Our dedication goes beyond the sale.
asking insightful questions and engaging in Our sales team will excel at follow-up practices,
empathetic discussions. maintaining consistent communication with clients
to ensure their continued satisfaction. Sabeco hope
Presentation and Demonstration: Sabeco sales
to solidify Sabeco's reputation as a dependable
team will be well-versed in product knowledge,
partner by providing timely support, responding to
allowing them to present Sabeco's diverse portfolio
any post-purchase inquiries, and nurturing
convincingly. Our presentations will highlight
relationships.
Sabeco's products' unique value proposition, with a
focus on how our offerings directly address clients' Incorporating these improved sales techniques into
identified needs. Sabeco's operations can produce remarkable
results. Sabeco are confident in our ability to
Managing Objections: Our approach to
increase conversions while also establishing long-
objections will be based on effective problem-
term relationships with clients by strategically
solving techniques. Our sales representatives will
address concerns head on, providing well-thought- deploying a mix of communication, empathy,
negotiation, and problem-solving throughout the
out solutions and instilling trust in Sabeco's
sales journey. Sabeco's dedication to excellence
offerings. Sabeco are dedicated to overcoming
will be evident at every stage of the sales process,
reservations and transforming potential challenges
emphasizing our commitment to providing
into opportunities.
exceptional value to our esteemed clientele.
Negotiation: This will be a collaborative effort.
Appendix 6:
Sabeco sales team will actively listen to the needs
of our clients and work to reach mutually beneficial Retailers and Supermarkets: Sabeco's products
agreements. This will ensure that both parties feel will be strategically placed in a large network of
valued and satisfied by fostering an environment of retailers and supermarkets, ensuring easy consumer
cooperation and creative problem-solving. access. This traditional sales channel provides a
platform for product visibility and promotion as experiences. These events help to increase brand
well as direct customer interaction (Sabeco, 2023). recognition and recall (Sabeco, 2023).
Collaboration with restaurants, bars, and Sabeco can optimize market reach, engage
entertainment venues provides Sabeco with an customers through multiple touchpoints, and adapt
opportunity to showcase its products in a social and to changing consumer preferences by
convivial setting. Sabeco can tap into their existing implementing this diversified sales channel
customer base and provide a unique experience for strategy. The convergence of traditional and
customers by forming partnerships with these modern channels will strengthen Sabeco's brand
businesses. presence and drive long-term sales growth in the
dynamic Vietnamese market.
E-Commerce and Online Platforms: An online
presence is essential in today's digital era. Sabeco Sabeco's new beer brand, 333, may successfully
will broaden its reach by utilizing e-commerce employ a Customer-Based Sales Structure in its
platforms that provide the convenience of online sales strategy (Sabeco, 2023). Sabeco may
ordering and doorstep delivery. This channel maximize client centricity, responsiveness, and
serves a growing segment of tech-savvy consumers long-term value generation by arranging sales
who prefer the convenience of online shopping teams based on distinct customer categories, such
(Sabeco, 2023). as retail, entertainment venues, and restaurants.
This framework enables sales representatives to
Sabeco will collaborate with wholesalers and
have a thorough understanding of each customer
distributors to ensure efficient product flow to
group's specific needs and preferences, resulting in
various retail points. This channel simplifies
distribution and broadens market coverage, stronger connections and specialized strategies.
Furthermore, management can deploy resources
attracting bulk buyers and business clients (Sabeco,
and efforts to distinct market segments
2023).
strategically, optimizing sales efforts and market
Direct-to-Customer Sales: Targeted marketing
penetration. However, due diligence is required to
campaigns will promote direct-to-customer sales
minimize potential higher expenses and avoid
by leveraging Sabeco's existing customer database.
geographical duplication of efforts, providing a
This approach encourages personalized
streamlined and efficient sales operation for the
interactions and enables Sabeco to provide
new 333 beer brand.
exclusive deals and promotions (Sabeco, 2023).
Advantages
Participation in local events and festivals allows
Improved Customer Understanding:
Sabeco to engage directly with consumers, offer
Salespeople in each customer group learn about
product samples, and create memorable brand
their individual wants, preferences, and issues. As Coordination Issues: Managing several customer-
a result, conversations become more tailored and based sales teams can be difficult, necessitating
effective, resulting in stronger customer excellent coordination, communication, and
relationships (Haas, et al., 2012). strategy alignment across teams (Payne & Frow,
2016).
Marketing efforts can be highly focused with
specific sales teams for different consumer Potential for Conflict: Different sales teams
segments, ensuring that promotional methods focusing on the same customer group may result in
resonate with each group's qualities and internal competitiveness and conflicts, affecting
preferences. collaboration and overall sales success (Beatty, et
al., 1996).
Improved client Satisfaction: Because products
and services are better aligned with specific client Limited Cross-Selling possibilities: By focusing
demands, tailored sales methods result in higher on certain customer segments, possibilities for
customer satisfaction (Payne & Frow, 2016). cross-selling or upselling to customers who might
benefit from a larger range of products or services
Sales teams might specialize in serving a certain
may be lost (Dugan, et al., 2023).
customer segment, allowing them to gain expertise
and a deeper understanding of the industry or Appendix 7:
market. Prioritizing exceptional customer care is a
Strategic Resource Allocation: Management can cornerstone of relationship selling, as it fosters
deploy resources strategically depending on the trust, loyalty, and repeat business. Sales
potential and significance of each client segment professionals build long-term relationships by
(Beatty, et al., 1996). understanding their customers' needs and concerns.
residents
SABECO
Bar,
Restaurant, etc.
Supermarket,
Mart, etc.
MODE OF SELLING
B2B
Channel Focus: B2B, specifically in the distribution of alcoholic beverages.
Market Leader: Sabeco's preeminence in this area.
Clientele: Includes wholesalers, retail chains (supermarkets, hypermarkets), major retail
outlets, bars, and restaurants.
Sales Cycle: Often longer; customized to suit complex needs like bulk purchases, contracts,
legal compliance, and special packaging/branding.
Relationship Building: Crucial in B2B channel.
Sabeco's Approach: Offers volume discounts, and detailed information about product
quality, manufacturing processes, and unique selling propositions (SABECO, 2022)
B2C
Channel Focus: B2C, targeting individual customers for personal consumption, parties, and
celebrations.
Sales Cycle: Relatively shorter compared to B2B.
Availability: Products accessible through supermarkets, local stores, and online platforms.
Marketing Approach: Emphasizes the experience of enjoying Sabeco's beverages and
connects them to Vietnamese culture and lifestyle.
Emotion-Driven Strategies: Utilizes visuals, stories, and local celebrities to create an
emotional connection.
Social Media & Influencers: Leveraged to reach a wider audience (SABECO, 2022).
SALE PROPOSAL
Bia Saigon has introduced Beer Saigon Coffee Infused Beer, blending Vietnam's renowned
coffee beans from the Central Highlands with local beer. Supported by Sabeco's expertise,
this innovative product honors the nation's cultural roots and contemporary tastes. More
than a novel experience for enthusiasts, this fusion represents a thoughtful move to
celebrate local culture and extend the legacy of a top Vietnamese beer brand.
SWOT
SWOT
Strengths:
Large Market Share: SABECO is the leading beer brand in its industry, holding
nearly 40% of the market share.
Longstanding Brand: With over 145 years of history, SABECO has built deep
trust and a superior reputation as a pioneering brand in Vietnam's beverage
industry.
High-Quality Standards: Continuously improving products, demonstrating
stable pricing, and reducing stock are vital for maintaining its top position.
Modern Technology: Applying the latest technologies, SABECO produces
quality products and practices social responsibility, especially in minimizing
negative impacts on the environment (SABECO, 2022).
SWOT
Weaknesses:
High Input Material Prices: Relying on foreign suppliers for quality materials
from Europe, Australia, and America results in higher costs, reducing profits
(SABECO, 2022).
after tax lags behind some competitors, like Heineken, whose profit was 40%
Currency Fluctuation: Changes in the value of the Vietnamese Dong can impact
Sabeco's import costs and export competition costs (Thanh Nien Magazine,
2021).
Inflation and Interest Rates: These can affect consumer purchasing power and
Sabeco's borrowing costs costs (Online Portal of The Ministry of Finance, 2023).
PEST
Social Factor
Health Consciousness: An increasing focus on health and wellness may decrease alcohol
consumption (Ngoc and Rieng, 2018).
Cultural Factors: Vietnam has a rich culture of beer consumption, especially among the
younger population, favoring Sabeco's market position (Thanh Nien Magazine, 2023).
PEST
Technological Factors: