In January–June 2017 overseas sales of Fever-Tree soft drinks rose by 64% in Europe, 43% in the USA and 45% in the rest of the world. This was a continuation of a 10-year period of success for the British company.
Everything Fever-Tree sells overseas is exactly the same as the products it makes in and for the UK. In other words, Fever-Tree follows an ethnocentric approach to marketing strategy: trusting that what works in the UK will work everywhere. Its 2017 figures showed that overseas sales are 53% of the total, so the ethnocentric approach seems to be working (Table 1).
Your organisation does not have access to this article.
Sign up today to give your students the edge they need to achieve their best grades with subject expertise
Subscribe