Literature Review on Yakult with Market Segmentaion and Positioning

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Summary

The founder of Yakult, Dr. Minoru Shirota, started his career by selling fermented milk under the brand name of Yakult. His philosophy of Shirotaism promotes the link between a healthy intestinal tract and long life, and he offers affordable products to individuals. Yakult has become a pioneer in probiotics, helping people protect their health in 32 countries and regions. The company has also expanded into the pharmaceuticals and cosmetics industries. Yakult has focused on developing international business in Asia and Latin America, promoting their products and services through the Yakult lady system, which has also provided employment opportunities for women. In the second stage of Yakult’s development, the company made a full entrance into European markets, gaining international recognition. Yakult also launched a new brand called CHOBI and launched space-based activities under the Yakult Space Discovery Project.

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The founder of Yakult by Dr. Minoru Shirota was working in microbiology laboratory at Kyoto Imperial Kyoto University (university school of medicine), he starts his courier by selling fermented milk under the brand name of Yakult. Dr. Shirota’s philosophy for the Shirotaism, yakult is preventive medicine, link between the healthy intestinal tract and a long life and offers the products at an affordable price for the individual person.

Including Japan, 32 countries and regions as a Probiotics pioneer, they help the people to protect their health and yakult has a pharmaceuticals business, in which they have anticancer drug used worldwide with the cosmetics business. They establish the foundation for the development of international business around in 9 countries with the mainly focus in Asia and Latin America in the first stage of 1964-1990.

In these countries the hygiene system was very poor and it was the reason of infectious diseases and other problems. When the cold chain was not developed at that time, yakult ladies delivered the product directly to the customers, promoting their product and the service values. Moreover, yakult for the introduction lady system created the opportunity in the employment for the women, play an important role to to take the roots in the local communities to develop.

In the second stage of yakult 1991-2000, they made a full fledged entrance into the European markets and the recognition of gaining international. In 2012, Yakut has launched a new brand from the born of Mitsubishi factory, the first product introduced in the market and the name of the product is CHOBI. Under Yakut space discovery project, Yakut launches a space based activities. http://ir. yakult. co. jp/english/material/annual/pdf/ar2012. pdf LITERATURE REVIEW

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