Global Marketing Principles
Our Bacardi Global Marketing Principles represent our minimum standards for producing all marketing materials. Our Principles are fully aligned with the industry codes of the Distilled Spirits Council of the United States and spiritsEUROPE, as well as the legal codes and regulations in which we operate. We also abide by relevant local laws and regulations.
Our Global Marketing Principles are comprised of nine core values that govern all marketing practices and act as our Company’s internal marketing code. Together with our implementation guidelines, they form the basis of our corporate strategy for responsible marketing. We produce content that upholds advertising standards and represents honest and truthful communications, while respecting the privacy of our consumers.
The Global Marketing Principles were introduced in 2004, revised in 2009, 2014 and in 2018. The most recent revisions address changes in digital marketing and the power of social media, explain our policy on energy drinks, and support the Producers’ Commitments to Reduce the Harmful Drinking.
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Global Marketing Principles |
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Principle 1 |
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Principle 2 |
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Principle 3 |
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Principle 4 |
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Principle 5 |
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Principle 6 |
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Principle 7 |
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Principle 8 |
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Principle 9 |
Compliance
All new marketing staff and key agency personnel are trained on our Principles. In addition, refresher training is available for existing staff if needed. Our country managers, supported by legal or external affairs specialists, are responsible for ensuring the compliance of all our local marketing materials. Key to this approach is that country managers are not involved in developing marketing materials, so they can be independent and objective about the local suitability of materials developed by our marketing teams.
External codes and regulations
The first priority in our approach to marketing is to comply with our own Global Marketing Principles that act as the minimum standard across the world – and are particularly helpful in countries where there are weak advertising regulations or no industry marketing codes. Our second priority is to adhere to local marketing regulations.
Finally, in many parts of the world we have agreed with our competitors to voluntary industry marketing codes that capture local cultural needs. In countries where availability or sale of beverage alcohol is prohibited, we respect the local traditions.