Draw an REA diagram with cardinalities and tables with primary keys, foreign keys, and non-key attributes for the following business:…
Larry Brownlow, a young entrepreneur, wanted to operate his own business after completing graduate school. He agreed to a distributorship opportunity with Coors. The brewery company was looking at expanding their market potential of a Coors beer distributorship to a two-county area in southern Delaware. Brownlow used his resources to find and contact Manson and Associates, a research company, that would help with his expansion of Coors beer. Manson gave Brownlow a choice of details regarding market research, market potential, financial statements, population statistics, and a retailer and customer questionnaire about Coors beer. It was then Brownlow’s decision to determine which information he wanted to buy from Manson’s research proposal, with only $15,000 in funds available.…
Kudler reached out, pinpointed, and receive feedback from its consumers so the company can improve its marketing tactics to better accommodate its customers. To make sure customers are not intimidated by its wide selection of wine and spirits, Kudler hired Wine Stewards to assist employees in making selections. “Marketing research is the process of defining a market problem and opportunity, systematically collecting and analyzing information, and recommending actions,” (Kerin, Hartley, & Rudelius, 2009). Kudler knew suspected consumer issues, and judging by its survey plans to research and develop new strategies to better accommodate its consumers. (Kudler Fine Foods, 2010).…
In 1982, AB launched Bud Light, which was extremely successful because (1) firstly, it was targeted at the core users of light beer i.e. 25-44 year old upscale professionals. Lite on the other hand had chosen to stay off-strategy and continue their old campaign targeting 21-34 year old males with blue-collar occupations. (2) Secondly, it positioned itself as the light beer with superior quality for this target or upscale professionals. Budweiser’s brand equity of being a superior beer and the Clydesdale spot served to reinforce their positioning.…
Boston Beer Company’s price to revenue ratio (TTM) is 3.54 The price to revenue ratio is usually applied in place of the price to earnings ratio. This ratio is usually applied to…
The purpose of this case is to analyze Larry Brownlow’s decision to invest and operate a Coors Distributor in south Delaware. Coors Beer is located in Golden, Colorado and has many distributors that are monitored closely throughout the country. Coors is known for its dedication to quality by suppliers, wholesalers, and its customers. Not only does Coors monitor wholesalers and distributors, the company also requires that the wholesaler and distributor us recycling equipment. Mr. Brownlow had $15,000 to research the decision and decide if he should own the South Delaware Distribution Center. $800,000 is needed for initial investment of the distributor. Since Coors will enter this area for the first time, it is believed that market share will continue to grow as the brand becomes established over time.…
Mountain Man Brewing Company was established as a family concern in 1925 in West Virginia by Guntar Prangle. The company brewed single-product beer, Mountain Man Lager, which won “best beer in West Virginia” and was elected as “America’s Championship Lager”. Mountain Man Lager featured quality, bitter favor and slightly higher-than-average alcohol content that uniquely contributed to the company’s brand equity. Mountain Man was a local market leader and distributed its lager in several states outside West Virginia. By 2005 Mountain Man was generating over $50 million in revenue with over 520,000 barrels of Mountain Man Lager sold. However, Mountain Man had been facing serious challenges. Its revenue was encountering a 2% yearly decrease in 2005 as it faced fierce competition. Light beer was sweeping the beer market and gained 50.4% of volume sales in market share in 2005. Thus, the objective of Mountain Man in this case study is to increase sales revenue by moving into the light beer market. Chris Prangel, son of the company’s owner, hoped to achieve three goals in his marketing campaign: 1.) To produce a light beer in the hope of attracting younger drinkers to the brand; 2.) To sustain the core brand equity of Mountain Man Lager; 3.) To maintain a steady share of its market segment by regaining the 2% annual loss.…
With recent declining sales for Mountain Man Beer Company (MMBC), Chris Prangel is considering launching Mountain Man Light as a brand extension aligned with changes in beer drinkers’ preferences. He is seeking to maximize market coverage while minimizing brand overlap, and at the same time avoiding any brand equity damage, as MMBC’s core consumer segment is significantly different from the new targeted segment. Chris expects to negate declining sales of Mountain Man Lager and capture market share in the fast-growing light beer category, which accounted for 50.4% of all beer sales by volume in 2005 in the East Central Region (Exhibit 1). More specifically, Chris wants to capitalize on Mountain Man’s brand recognition in the region and capture a meaningful share of the local light beer market, a market in which MMBC currently has no presence. In addition, he is hoping a successful launch of Mountain Man Light in the local on-premise locations will boost the lagging sales of Mountain Man Lager.…
1a. There are several reasons BBC should focus on the light beer market. It is true that their sales were decreasing from year to year but I think there is nothing wrong with the product itself. The problem is on the marketing and management system. It was proved from the result of the consumer taste survey. Most of people said that lightship beer had better taste, better color and smell compare to Bud light, Coors Light, and Amstel Light and the result stated that lightship beer was in the first place. We got almost the same result from the blind test that is held in several countries including USA and Canada. Another important reason is the demand for the light beer is relative high from the consumers. People said that the advantage of drinking light beer because it contains lower calorie. Based on the field study, light beers accounted for five of the top ten best-selling beers in supermarkets. So, it is very pity if BBC stops producing light beer.…
Using the Consumer Questionnaire Results, 62.1% of consumers surveyed has consumed Coors in the past; also 48.8% liked or strongly liked Coors. We also learned in this questionnaire that 65.2% bought their beer from supermarkets. From this consumer analysis, Larry could invest in Coors and make his main availability of product at supermarkets. According to the Retailer Questionnaire Results, Coors has the same taste as Miller and Miller Lite, but it is more expensive than the other brands of beer sold.…
Even though The Coca Cola Company may generally utilize quantitative research, it is important to understand the difference between quantitative and qualitative research because qualitative and quantitative research investigate different goals and there can be drawbacks when the proper research is not utilized. This is a discussion whether The Coca Cola Company business problem could primarily be solved using qualitative or quantitative research design and the benefits of using both quantitative and qualitative research designs. Whether the qualitative or quantitative research design becomes the primary design for this research will be identified, and how can The Coca Cola Company most effectively use the power of both designs. This paper will consider what the drawbacks of just using one design to research the problem. Finally this paper will wrap by discussing the insights each type of design will generate and the importance of having those insights to solve the business problem.…
The goal is to understand how marketers can make better decisions, based on different types of consumer research, show how the relevant customer insights can help to determine strategies and explore the ways to improve business performance. It’s that we are going to explain during this study.…
What is the current situation? Saxonville is a family company from Ohio has existed for seventy years, it produces a range of pork sausage, and they have three types of products: breakfast sausage, bratwurst and Vivio sausage. Products are sold in all the United States, through national and regional distributors. The firm's revenue is estimated at 1.5 billion dollars in 2005. Since 2004, the company is experiencing difficulties: Saxonville has seen two of their three main products face growth problems (people were starting to eat sausages on more special occasions, which damaged the breakfast sausage growth, and were also eating more often inside the house, which damaged the brats growth), an underperformance with a double digit revenue decline for consequences; the company ranked out eight national breakfast sausage brands. The line that is still experiencing fast growth is Vivio Brand (italian sausage), available in only 16% of the nation's large supermarkets. The senior management uses Ann Banks to develop the “Italian Opportunity”, to create a positioning that would not lead to the cannibalization of Saxonville’s products, that enabled the brand to be a national one and, most important, a brand that met customer’s needs. This lack of positioning is due to a non-conducting market research on the Italian sausage custome by the senior management since the business was growing. How was the research methodology determined? Develop a research design and explain what behaviors, demographics, and lifestyle components you deem important and why. Saxonville Sausage didn't know their target consumer and the research methodology will learn it. Method combines qualitative and quantitative ways through four steps. The first three stages establish the qualitative research which bring out ideas and give the foundations to understand the target customers. The first step was to target customers to…
The commercial, "The Bug," is an advertisement for Budweiser beer. It takes place in a barroom that is long and narrow, typical of such an establishment in any city neighborhood. The bar itself is on the right of the TV screen, with the required mirror on the wall behind it, and assorted bottles on the counter. The over-all color of the place is dark with a typical wood bar and the colors beige and green, in various shades. In the opening shot, the bartender is setting up drinks on the counter, with the first patron arriving, saying, "How ya doin'?" as he sits down at the bar.…
This case is about the intense battle between beer rivals in the United States, particularly between Anheuser-Busch (A-B), the world’s largest brewer, and SABMiller, the world’s second largest brewer. It discusses about how the companies used advertising in their brand positioning in order to compete with each other and increase the sales.…