New Belgium Brewing Company Case Study

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Small businesses success is dependent on the perceptions they create within their communities. A business trying to get established in their market depends on their local economy for support in order to get their name out there. If a business is not operating ethically or showing social responsibility to their community, they close those doors to the support they need in order to grow. Small businesses can have the greatest impact on a community by creating jobs and providing good and services for customers in smaller markets that larger corporations are often not interested in serving (Ferrell & Hartline, 2011).

It is vital for New Belgium Brewing Company to incorporate ethics and social responsibility into their business model. They …show more content…

The pros of their core values which rely heavily on strong ethics and social responsibility have managed to take their product from garage brewing company to building established distribution in many states across the US. They have shown the consumer they are conscience about their carbon footprint and support their community by giving back. But by relying on those assets has hindered their ability to develop a strong marketing strategy that can appeal to other markets. Although they are proud of the name they have built, they must understand they need to past their idea of not messing with a good thing. For years, they have thrived on word-of-mouth communication to sell the brand and have had a marketing strategy that consists of relational marketing (Ferrell & Hartline, 2011). With their competitive advantage being enhanced by their strong ethics and social responsibilities they show to their community, they must understand they cannot rely on their historical word of mouth marketing to strive in their business. They must find a way to bring the two concepts together in order to strengthen their business and excel above their

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