Preview

Kool-Aid Marketing Strategy

Good Essays
Open Document
Open Document
3781 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Kool-Aid Marketing Strategy
-------------------------------------------------
Table of Contents Executive Summary 3 Situation Analysis 4-7 Competitors 4-5 Company 5-6 Consumers 6-7 Objectives 8 Budgeting 8 Strategy 9-10 Execution 10-11 Evaluation 11-12 References 12

-------------------------------------------------
Executive Summary
The Kool-Aid brand has faded as the market has become flooded with various choices of sodas, waters, energy drinks, packaged and powdered sports drinks, and a myriad of other options. Our goal is to bring back this brand which was once at the heart of teen popular culture.
We will focus on bringing two new products to the Kool-Aid lineup: sugar-free premixed and energy drink.
The target market for sugar free Kool-Aid is soccer moms who generally have one to three children ages four to fourteen. We believe these moms will like the idea of having an alternative to sugary sports drinks and sodas for their children.
The target market for Kool-Aid energy drink is young adults who enjoy sports and gaming. We believe that these people drink energy drinks more often and grew up with Kool-Aid and will be happy to see it return in a form they can drink and still feel like adults.
We plan to run full page advertisements in magazines such as Better Homes and Gardens and many gaming and sports magazines. We have allocated 7% of the revenue from Kool-Aid for advertising these new products.
Once a sufficient number of advertisements have run, we will survey and review customer satisfaction. Comparing these results with surveys prior to running the campaign will let us know if Kool-Aid has become part of the consideration set of energy drink buyers and soccer moms.

-------------------------------------------------
This analysis will explain how the Kool-Aid brand will be revitalized with modern culture and existing trends. With parents looking for healthier beverage choices for their children and the energy drink industry booming, it is imperative that Kool-Aid



References: Kraft Foods Company. (2011). Retrieved November 5, 2011, from http://www.Kraftfoodscompany.com Ad News Now. (2011). Retrieved November 5, 2011, from https://adnewsnow.com People. (2011). Retrieved November 5, 2011, from https://www.people.com/people

You May Also Find These Documents Helpful

  • Good Essays

    Kool Aid Research Paper

    • 576 Words
    • 3 Pages

    First, picking the right flavor is vital to your Kool-Aid. Having the wrong flavor at the end is always disappointing. There’s no point in making a batch of Kool-Aid and nobody drinks it. But there are wide ranges of flavors to choose from, ranging from grape to cherry, or even more extravagant flavors, such as, tropical blue Hawaiian, or Mountain Berry Punch. There are an abundance of…

    • 576 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Real Men Drink Coke

    • 4832 Words
    • 20 Pages

    The Coca-Cola Company knows it has to be creative if it’s going to sell more soda after sales dropped two years in a row in 2005 and 2006. Morgan Stanley analyst Bill Pecoriello explains, “Consumers are becoming ever more health-conscious, and the image of regular carbonated soft drinks is deteriorating rapidly.” In an attempt to appeal to consumers concerned with nutrition, Coke introduced Diet Coke Plus in 2007, a sweeter version of Diet Coke fortified with vitamins and minerals. But what they really needed was a way to reach young male consumers, and Diet Coke Plus, marketed with tag lines like “Your Best Friend Just Got Friendlier!” wasn’t going to do it.…

    • 4832 Words
    • 20 Pages
    Powerful Essays
  • Better Essays

    Kool-Aid

    • 1080 Words
    • 5 Pages

    In 1927, a man by the name of Edwin Perkins created the very popular product know today as Kool-Aid. Kool-Aid was a popular drink mix right from the beginning which was sold in 6 different flavors to wholesale grocery, candy and other suitable markets (The History of Kool-Aid, 2012). In 1929, Perkins and his family packaged and shipped the Kool-Aid drink mix to grocery stores across the country using food brokers. The brand name became so popular that production moved to Chicago to become more efficient. Then the Great Depression hit. During that time Perkins needed to keep his customers satisfied and happy. In order to make the Kool-Aid brand more of a luxury item that families could afford, Perkins cut the price in half to just five-cents a packet. This allowed for the popular drink mix to continue being produced and sold, satisfying its customers.…

    • 1080 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Marketing Plan for Kickstart

    • 3527 Words
    • 15 Pages

    This paper presents a marketing plan for Kickstart, a new product launched February 25, 2013 from Mountain Dew and PepsiCo in the United States. PepsiCo is a beverage and snack company worldwide and Mountain Dew’s Kickstart is launching out “’a new way to do mornings’ with Kickstart, a fruit-flavored caffeinated Mountain Dew beverage” (www.kickstart.com). Kickstart is advertised to present an “alternative to traditional morning beverages – one that tastes great, includes real fruit juice and has just the right amount of kick to help them start their days" (www.kickstart.com). This plan analyzes Kickstart’s 4Ps (Finch, 2013) which are important to understand when analyzing this product and provides recommendations for improvement.…

    • 3527 Words
    • 15 Pages
    Best Essays
  • Good Essays

    Kool-aid has now found a way to make its product new and improved to the more health conscious consumer. It’s called Kool-Aid Plus. The company is strongly committed to providing moms and kids a product that combines the great flavor of Kool-Aid while providing a “better for kids”…

    • 937 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Kraft Foods Memo

    • 767 Words
    • 4 Pages

    In response to critic about targeting children under 12 in advertising unhealthy food which lead to the increase of childhood obesity, Kraft announced not to advertise products like Kool-Aid beverages, Oreo and Chips Ahoy cookies to children under 12 last month. We also have formed a lobbying group with General Mills and Kellogg to prevent the government from regulating food marketing to children. We need to put the focus back on our customers and communicate with them about our positions toward our advertising targeting young children.…

    • 767 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    The energy drink industry is growing quickly, and it doesn't look like it will be slowing down anytime soon. The growth of energy drinks can be attributed to their trendy image, convenience and multiple uses. Energy drinks can be used as mixers at clubs and bars or as coffee substitutes. According to Information Resources Inc., the energy drink dollar sales in 2004 increased 54 percent from the previous year, with unit sales up 31 percent. Although its indirect competitors, such as sports drinks or teas, have higher dollar sales, the relatively new energy drink industry has a much larger growth rate.…

    • 4219 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Gatorade Marketing Plan

    • 349 Words
    • 2 Pages

    Gatorade was first invented in one flavor-lemon lime . Today therei is over 35 flavors and the list is growing every day.…

    • 349 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Coca Cola

    • 333 Words
    • 2 Pages

    Throughout its enduring reign as an industry leader, Coca-Cola has acquired a sufficient amount of its revenue from CSD sales. According to Dr.Harber (2010), “ New federal nutrition guidelines, issued in 2005, identified regular CSDs as the largest source of obesity-causing sugars in the American diet”. Schools in New York City, throughout California, and elsewhere banned the sales of soft drinks on their premises(Dr.Harber, 2010). This was a tremendous issue that threatened the success of future sales of soft drinks all over the region. The United States obesity rate has continued to rise over the years and more people are now becoming involved in trying to eat and drink healthier. Companies such as McDonalds and Wendys have observed this fact and now offer several healthy items on their menu. Furthermore, the widespread linkage of CSDs with obesity and other health-related concerns was hard to disperse from people’s minds (Dr.Harber, 2010). Coca-Cola knew something had to be done, which led to the search for alternative beverages.…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    How many drinks can be positioned as healthy, natural, and energizing without losing taste? Portland Drake beverages (P.B.D.) has created a drink, which is organic and energy booster, referred to as Crescent Pure with many distinctive elements. Currently, energy drink market is saturated with sugary and perceived dangerous functional beverages. Crescent Pure has competitive capabilities in view that they are able to opt for to role as a healthy energy drink substitute. The “locavore” motion has impacted the food and beverage industry developing an influential healthful development in the market in US where purchasers look for locally grown, natural, and healthier options. This motion is certainly wide-spread among health concerned and youths…

    • 306 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Coca-Cola Marketing Report

    • 1694 Words
    • 7 Pages

    Coca-Cola takes every thirst quenching person as a potential target market. Though all age groups…

    • 1694 Words
    • 7 Pages
    Best Essays
  • Satisfactory Essays

    Ethical Marketing

    • 465 Words
    • 2 Pages

    References: "Kraft Targeting Hispanic Market with Kool-Aid." Vista Hispano: Kraft Targeting Hispanic Market with Kool-Aid. N.p., n.d. Web. 16 Feb. 2013.…

    • 465 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    squirt

    • 414 Words
    • 2 Pages

    Foote, Cone & Belding proposed a refinement in Squirt's target market and positioning which had previously been aimed at 18- 34 year olds. Through research that featured Squirt's consumption by racial/ethnic group and age relative to carbonated soft drink users, Foote, Cone & Belding recommended that Squirt target a multicultural, 18-24 year old segment in order to tap into this heavy carbonated soft drink user segment. The total sales broken down by racial/ethnic groups can be seen below. The…

    • 414 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Research Design

    • 777 Words
    • 4 Pages

    Now, Hudson just needs to figure out how to market the new line of refrigerated coffee to college students. To do that, Hudson has scheduled a meeting with his marketing team. Marvin Schwartz, the company’s marketing manager, has brought with him a series of reports that indicate individuals in the target market (late teens and early twenties) rarely drink hot coffee. When they do drink hot coffee, it’s generally flavored and laced with sugar, flavorings and cream. In addition, Schwartz says that soft drink consumption now exceeds 30 gallons per person per year and is substantially higher for individuals in their late teens and early twenties. And, he says, soft drink sales make up more than 30 percent of all beverage sales to this target group. But, that’s about all he knows about the beverage consumption patterns of college students.…

    • 777 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Brand Personality

    • 498 Words
    • 2 Pages

    According to Table 4.2 (pg 112), a product with high sugar and energy represents a motive of power, masculinity and virility. This coincides with our target market of young males looking for energy and a kick start to charge themselves up for their busy and challenging day.…

    • 498 Words
    • 2 Pages
    Good Essays

Related Topics