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Annual Report Gorenje Group 2009

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Communication and marketing<br />

Owing to the declining demand for household appliances in European markets, the company reduced<br />

its marketing expenses by 41 percent. In <strong>2009</strong>, these expenses accounted for 1.17 percent of the<br />

<strong>Group</strong>'s sales revenue. Marketing activities were focused on the direct promotion of sales. More costeffective<br />

promotional tools were also used to increase the reputation of our brand. The European<br />

Brand Institute based in Vienna has assessed that the Company's brand value increased by EUR 13<br />

million to EUR 458 million in <strong>2009</strong>. <strong>Gorenje</strong> thus continues to be the Slovenian brand name with the<br />

highest value.<br />

In <strong>2009</strong> we completed the comprehensive reconstruction of our web pages, which are now accessible<br />

in 35 languages and are visited by 400 thousand users per month. This number is increasing rapidly,<br />

and the world-wide web continues to be one of the Company's most important communication<br />

channels.<br />

Again this year, <strong>Gorenje</strong> gave an extremely resounding performance at the most important<br />

contemporary electronics and household appliances fair, IFA, in Berlin, where it presented its new<br />

products and collections.<br />

19<br />

<strong>Annual</strong> <strong>Report</strong> <strong>Gorenje</strong> <strong>Group</strong> <strong>2009</strong>

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