From designer-boxes to welded bags
Stühmer, Budapesti Csokoládégyár, Stollwerck, Bonbonetti have all been names used over a hundred and twenty years by the largest chocolate factory in Budapest. Today, the Bonbonnetti group is composed of two manufacturing enterprises and a trading company: Bonbonetti Choco Kft., Choco Bonita Kft., and Bonbonetti Kft. According to Sándor Sánta, general manager, the group might soon acquire another company. „To be transparent” – this term is repeated several times by the general manager during our conversation. The new management has worked out four priorities to be observed at all times: 1. Enhancing the brands. 2. More aggressive export policy. 3. Proactive behaviour in the market of private labels. 4. Enhancing corporate HR policy. Last year brought spectacular results, especially regarding profits, because Bonbonetti has decided only to compete in segments where this is profitable. – I don’t want to reveal business secrets – smiles the general manager, – but I can tell you that managing and promoting our branded products is quite costly and if these costs are taken into consideration in comparing profitability with our products manufactured under private labels, we get surprising numbers. One of the biggest challenges we face today is to find the right sales policy. Bonbonetti seems to be succeeding, as profits amounted to HUF half billion last year, while their sales exceeded HUF 12 billion. Their marketing strategy is characterised by bold experimenting, which is based on an exemplary collaboration between sales and marketing. Their intention is to keep brand building balanced, which means they do not want to turn any og their three major brands into an umbrella brand.
Related news
Related news
Ferenc Hinora is the president of the Hungarian Marketing Association for another 4 years
The leading organization of the profession, the Hungarian Marketing Association…
Read more >Márton Nagy: in the long term, we must return to investment-led economic growth
In the long term, we must return to investment-led economic…
Read more >250 HUF coupons in nearly 200 Tescos = several million HUF worth of handholds for 3,600 children
Those who shop at Tesco with the Ecumenical Aid Organization’s…
Read more >