0 Strategy Hershey Co: NorthAmerica & International
Integration Forward Integration Make a strategic alliance with
strategies go-drone, making a personalized purchasing service where you get the product directly in the house.
Backward Integration Make an alliance with the
dairy producer so that costs are reduced and can be expanded
Horizontal Integration Hershey's can team up with
Mars so they can gain courage and outperform their biggest competition which is Nestle.
Intensive Market Penetration Hersheys will invest in
strategies marketing so that they can increase their popularity among consumers and thus gain an advantage over the competition.
Market Development Hersheys is going to invest
resources to be able to reach more places in Latin America like Costa Rica, Honduras and French Guinea.
Product Development Make the chocolate bar
wrapper edible
Diversification Related diversification Hesheys will not only sell
strategies chocolate related food but also chocolate drinks and other Hersheys candies.
Unrelated diversification Make the wrapper
environmentally friendly where a seed can be planted after consumption of the chocolate. Not only is the chocolate sold, but also the consumer is made aware of the environment. Defensive Retrenchment Hersheys can sell all its strategies factories outside the United States
Diverstiture Sell parts of the company in
order to create franchises and also to be able to create different