View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
November 18, 2021

Nestlé in ‘push to almost double e-commerce sales’

Nestlé told a virtual investor summit it aims to nearly double online sales to 25% of the group total by 2025.

Nestlé reportedly plans to almost double the proportion of its annual sales the company generates through e-commerce.

CEO Mark Schneider told a virtual investor summit the world’s largest food company aims to double online sales to 25% of the group total by 2025 by ‘stepping up marketing and technological investments’, Reuters reported.

The push will come from the company’s own online sales network and also from D2C, Schneider said, highlighting the successes of Nespresso coffee pods and Purina PetCare sold increasingly directly to consumers.

“We plan to take [e-commerce] sales from about 13% in 2020 to 25% by 2025,” Bernard Meunier, head of Nestlé’s strategic business units and marketing and sales, was quoted as saying by the news agency.

To get there, digital marketing investment will increase to 70% by 2025 from 47% in 2020, Meunier added.

Many food manufacturers have seen increased online sales associated with the pandemic-related lockdowns stick to a certain degree.

Meunier said e-commerce sales growth will be driven by markets such as the US, Europe and China, Reuters reported, as Schneider anticipates hiring staff to support the online push and engaging in in-house advertising rather than using digital agencies.

“In a world where there is no rule book to follow, a lot of learning has been done already and we are looking forward to the next phase,” Schneider said.

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to Just Food