Preview

Eclipse Gum Essay

Good Essays
Open Document
Open Document
877 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Eclipse Gum Essay
Qi Li Wrigley’s Eclipse Gum: Managing Brand Adolescence
1. Since William Wrigley Jr. established Wrigley chewing gum company in 1914, the company has been expanding for many years. Despite the company experience market downturn in the period of World War II and Cold War, Wrigley once again dominated the chewing gum market after the end of the war. Wrigley still dominated the chewing gum market with 50% market share. It can be said that before 2000, the development of Wrigley is very rapid and very successful. However, chewing gum sales had been hurt during the late 1990s by increasing competition from new, intensely flavored mints, especially Altoids. More and more competitors entering the market accelerate the maturity of the market.
…show more content…
The main reason of the failure is that the company didn't have enough money to launch an eighth because the company was investing in two fast-growing market: Wrigley was building a $100 million factory in Russia and was also expanding its existing manufacturing facility in China. Eclipse only have two flavors of chewing gum is mainly because the company did not put too much attention into the development of eclipse's flavors. Meanwhile, the company pay a lot attention to invest in Extra, the number-one sugar-free brand in the United States. For the third problem, the result of Blind Product Test Scores display the contrast of the main performance between Eclipse and Dentyne Ice. For the performance of freshens quickly, the ratios between Eclipse and Dentyne Ice are 46:50 and 42:54. For the performance of eliminating odors, the ratios are 40:54 and 41:56. For the last problem, the company did not successfully establish brand awareness in the main target consumers. The target consumer for Eclipse is consumers aged 25 to 54. According to the table 11 and table 12, most people who aware of Eclipse brand is from age group 10-17, and the table 12 shows that the percentage of brand awareness between Eclipse and Dentyne Ice is 44.3 and

You May Also Find These Documents Helpful

  • Good Essays

    1. Identify all the accounting policy changes and accounting estimates that Harnischfeger made during 1984. Estimate as accurately as possible the effect of these on the company’s 1984 reported profits.…

    • 634 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Bubble Gum History

    • 1025 Words
    • 5 Pages

    started very small. In 1891, he moved from Philadelphia to Chicago. When he moved, he sold soaps and baking powder. When he sold soaps or baking powder, he would give a free stick of gum with it. He noticed that the gum was more popular than the soaps so he decided that he would sell the gum instead. In 1893, William made a company and introduced two brands: Wrigley’s Spearmint and Juicy Fruit. After finding success selling gum, Mr. Wrigley knew he had to engage in an aggressive marketing campaign to reach as many clients as he could. In order to do this, Wrigley had to mortgage everything to be able to raise the funds, which he did. The campaign proved to be a huge success, making Wrigley gum a household name. William created a company which respected employee rights and employees with benefits.Working at Wrigley, employees had Saturday and Sunday off. A job at Wrigley was a desirable job. During the Great Depression, William set minimum wage levels so workers could have security during times of economic uncertainty. In 1915, William had the first-ever nationwide campaign. For this campaign he shipped sticks of gum to every address in the U.S. phone book. After the phonebook campaign William’s son was named president of the company and helped do the campaigning. Phillip (William’s son) put ads on the radio and put ads on the “funny pages” in the newspaper. From 1932 to 1962 the company hired an artist named Otis Shepard. Otis made the iconic Doublemint twins. During World War II Wrigley was cut off from all his ingredients for making gum. When they stopped the supply Wrigley made Orbit gum, a wartime substitute. After World War II, Wrigley introduced two new brands: Big Red and Freedent. After they made these two brands they began a global expansion to get their product to as many customers as possible. Between 1960 and 2000 Wrigley made nine new facilities…

    • 1025 Words
    • 5 Pages
    Good Essays
  • Good Essays

    In this case, the top management put the new frozen dessert--- Sweet Dream on ice; however, the product manager felt it was not a correct decision and tried to persuade the top managers to reconsider. The company of Paradise Foods didn’t realize the threat on LaTreat and the opportunities on Sweet Dream. They didn’t embrace the concept of using analytical marketing research based on computer technologies as the premise of the right decision. The issues are:…

    • 959 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Jungle Smoothies has been the leader in the smoothies industry for many years. It has several franchised locations in 10 different states and all have similar financial performances. Their top competitors are Jamba Juice and Tropical Smoothies. In recent months, Jungle Smoothies has been experiencing a decline in their profits. As member of the New Product development committee, an assignment was delivered to investigate the original problem that lead to the decrease in profits. The committee performed several interviews with…

    • 2407 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Marketing and Product

    • 893 Words
    • 3 Pages

    3) Look again at the eight key reasons for new-product success and failure in the chapter. Using a five-point scale (5 = very favorable, 3 = neutral, 1 = very unfavorable) evaluate a) the Ionator for business users and b) the consumer version for households on each of the eight reasons. Briefly justify your answers. 1) Points of difference: Business=1. The product is too risky to not work. The points of difference are not as…

    • 893 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Wrigley’s Chewing Gum became the number one gum company with revenue of $3 million with all the flavors of his gum…

    • 2404 Words
    • 10 Pages
    Good Essays
  • Good Essays

    1) What significant changes have occurred in the Canadian mouthwash market in the past three years?…

    • 1217 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Scope Case

    • 435 Words
    • 2 Pages

    In 1987 the growth rate for the mouthwash market experienced a 26 percent increase due to the introduction of new flavors. Brands were adding unique customization to attract consumers to their brand, and as a result the market as a whole grew. Since then the growth rate has declined to a level of 5 percent.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    The History of Bubble Gum

    • 852 Words
    • 4 Pages

    IV. Today I would like to inform you about the invention and commercialism of bubble gum, modern bubble gum today.…

    • 852 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Gum Report

    • 373 Words
    • 2 Pages

    As you know, gum has been around for a long time but have you ever realized how much it has evolved? Many years ago the Native Americans would chew on the sap from spruce trees and soon passed that tradition on. The early American settlers made a chewing gum from spruce sap and beeswax; doesn’t sound too appetizing, does it? In 1848, 21 year old John Curtis decided to change his line of work. He wanted to manufacture, package, and peddle chewing gum. Little did he know that it would become so popular but with the help of his dad, he would boil up a batch of resin, skim off the bark and twigs, roll it out into a slab, cut it into strips, and bathe them in cornstarch. Young Curtis sold the strips of gum at two for a penny. How cheap that was! Nowadays gum is simply made out of chicle; latex sap that come from the sapodilla tree, sweeteners, corn syrup, and flavoring!…

    • 373 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Are the components safe which used in gum? Usually, the use of gum and all the elements of gum protected. It also recognized that some brand gum also has controversial items. These controversial items are small in volume and may be…

    • 565 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Chewing Gum

    • 793 Words
    • 4 Pages

    Chewing gum was invented in the late 1800’s and we have the Alamo to thank. That’s right. .. Remember the Alamo? After General Lopez de Santa Anna lost the Alamo to the Americans, he figured that he could sell the Americans enough Chicle to raise an army to take back his power in Mexico. Santa Anna teamed up with an American inventor Thomas Adams who tried unsuccessfully to turn chicle into a new rubber for tires. Adams later figured out that with added flavour, chicle was an enjoyable substance to chew and could be sold for little money but big profit to children. He opened the first gum factory in 1871. And by the 1880’s, the entire United States was stuck on chewing gum.…

    • 793 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    MARKET ANALYSIS AND IDENTIFICATION OF MARKET OPPORTUNITIES Companies in the soft drink manufacturing industry are facing intense competition from the domestic and foreign brands,resulting in rising promotional costs and sinking profit margins.The consumers are going for real “value” for their money ,choosing drinks with better health value.Acurrent ban on sales of carbonates shows in the trend analysis given below:- {draw:frame} COMPANY GROWTH RATE Our company has shown a declining growth rate due to change in value perception and behavioural differences of consumers due to governmental bans all over the country.A public clarification would help us change the consumer perception.We need to make our core value based products to be fresh and relevant.We also need to sharpen our focus in this industry for maximum effect. {draw:frame} The trends of our own product offerings in the market are shown in the graph as below.Here we can notice a declining trend. {draw:frame} This declining trend can also be seen as a loss of our market segment to healthier drink options like fuit juices and water .It is quite evident in the graph given below:- {draw:frame} High sales volume in the water drinking segment and health juice segment shows that customer want better value and there perception is based on the changes in the microenvironment brought about by our competitors.There is a possibility of high “customer churn” in the future as our company’s sales decline.A 5 percent reduction in the customer defection rate can increase profits by 25 percent to 85 percent.According to the expectancy value model we ned to look into altering the beliefs about our brand which is effected by physical risk perceptions.Here we are seeing intense segment rivalry in our eange of products.Also there is lower entry barrier.The companies point of view needs to be visible on active information search.A customer’s decision to be loyal or defect from buying our products depends upon the large…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Cadbury Swot Analysis

    • 4441 Words
    • 18 Pages

    It will also lead the higher margin functional confectionery sector where appealing taste, combined with health benefits, is driving growth at double the overall market rate. Four “power” brands represent over 70% of Adams’ sales: Halls medicated confectionery, Trident sugarfree gum, Dentyne Ice chewing gum and the Bubbas bubblegum range. Cadbury Schweppes gains particularly in Latin America. scale access to major new markets,…

    • 4441 Words
    • 18 Pages
    Satisfactory Essays
  • Good Essays

    3. To understand what impact the packaging has in increasing the sales of a soft drink…

    • 1039 Words
    • 5 Pages
    Good Essays

Related Topics