The two campaigns I will I will be using to describe how they have manipulated the promotional mix are Virgin Media and Tesco, looking at how they balance out the 6 aspects to find the correct correlation between them to help push their organisation forward in terms on promoting their products and services, nevertheless this does not mean that any of the organisations have to use all 6 of the promotional mix methods to find what’s best for them.…
With reference to Duane Stanford’s article on Mountain Dew: Mountain Dew Wants Some Street Cred, we are going to examine whether Pepsi cola’s advertising campaigns are directed at the right market segment, whether the company differentiates the product from the competition and whether the company communicates’ effectively the product benefits. We are also going to propose a suitable campaign which will enable the product to have a more universal appeal as well as come up with suitable communication channels which the company should use during its campaigns.…
The entire purpose of promoting products is to create awareness, persuade and inform customers about your product or service while identifying key features compared with competitive products. There are many benefits of performing successful promotion such as increasing sales and acquiring a greater market share, showing your products features and exposing competitive product’s flaws, teaching the market benefits of your product, explaining different usage of your product, conveying your brand image of your organisation and promoting new and improved features of your products.…
The energy drink category to a large extent is image driven. The Monster design is aggressive without being intimidating. Monster’s proprietary energy blend is a combination of the right ingredients in the right proportion to deliver what the energy drink consumer is looking for, the “energy buzz!” For more product information, see Appendix I.…
References: 1. Marla R. Stafford and Ronald J. Faber, 2005, “Advertising, Promotion, and New Media”, (pg: 68- 78).…
Our branding strategy is to enter the market by carving a new niche of protein-enriched energizing sports drinks. Our objective is to educate consumers about the new drink, as well as to make a profit and gain market share in the industry. We hope that by being market leaders, our name will become synonymous with the new drink category, and will aid in our sustaining a competitive advantage over the copy-cats that are sure to flock the market after the new products’ introduction and subsequent success.…
The competition for the energy drink is tight as PepsiCo , Coca-cola, and Red Bull are heavily involved in this market. The growth is there and poses an opportunity but it will be tough to snag some of the shares. A friend of mine who owns and operates a home-based business selling XB-Fit energy drinks (http://xbfit.net/) said that he faces 2 major challenges when it comes to selling the energy drinks. One challenge is to sway the consumers try their product and pry them away from other brands. The second challenge is assuring consumers that new energy drinks are safe as many health concerns regarding the energy drinks have come up. Dr. Pepper Snapple Group has the distribution ability to deliver and the resources to market the energy drinks, but the marketing campaign will have to be the biggest campaign that the Dr.Pepper Snapple Group has ever done. In my…
Rockstar Energy Drink was founded by Russell Goldencloud Weiner, a doctor of nutritional enthomedicine, according to the Rockstar website. His parents, two renowned herbalists, helped to produce the Rockstar formulations. Today, three formulas of Rockstar are on the market: Original, Cola, and Diet. The original formula was first launched in 2001, making the company only 4 years old. The company is based in Las Vegas, Nevada, one of the trendiest locales of the United States, lending to the edgy "Rockstar" image. To enhance their image, Rockstar's catchy slogan is "Party like a Rockstar". The Rockstar company is not publicly traded, but in some states is distributed by Dr. Pepper. Recently, Rockstar has teamed up with Coca-Cola Consolidated (CCBCC), Coca-Cola's second largest distributor, as another means to distribute the popular drink. Rockstar is an industry innovator; by first introducing a 16oz sized can it has differentiated itself from typical energy drinks which come in an 8-8.4oz "slimcan". One of Rockstar's exclusive key ingredients, milk thistle, is a liver-protectant, detoxifier, and serves as a treatment for depression, as well as a hangover remedy. Red Bull, dominating the market share, is in store for some heavy competition against the up-and-coming Rockstar.…
Promotional mix is the elements that make up an organisation’s marketing communications strategy such as; personal selling, sales promotion, public relations, direct marketing, sponsorships, purpose and objectives of promotion mix and direct marketing and public relations. The promotional mix is how business attempts to communicate with various target audiences and is a key element in the overall marketing mix. There are six different types of elements they are:…
Gatorade and Powerade have always been at battle with each other for the top energy drink brand in the world. The high demand for these great products has only increased the competitive sprit. To get consumers to buy their products and convince that their product is better than the opposing opponents product, they must shows different slogans, Ads and celebrity spokesmen to sell their products.…
Sports and Energy drink market is amazingly growing hence consumers and businessmen have started showing interests in this market. Energy drink market has increased because people are working almost 24 hours in a day just to make a livelihood, so it’s difficult to work hard without sleep, rest or energy source. This is one of the reason people made energy drinks as part of their life relying on energy from energy drinks, ultimately contributing to rising energy drinks market. Market players are concerned in improving their ingredients and contents for extra stamina to work without experiencing fatigue.…
Marketing communications play a very big role in creating a strong brand identity. A brand is more than just that, a brand is almost like a person; it holds certain characteristics, values and personality traits. Combining all these aspects allows a brand to communicate with their consumers, which creates a strong relationship between the two parties. Brands have to communicate a certain message to reach their consumers and get them on-board with the brand, they communicate their messages using the following marketing communication tools: advertising, public relations, personal selling, sales promotion and direct marketing.…
The promotion strategy used by Red Bull is the so called word-of-mouth or Buzz Marketing". This means that Red Bull strongly relies on it's consumers to orally pass on the quality and satisfaction of the product.…
To understand how alcoholic energy drinks are marketed, it is critical to examine the popularity of nonalcoholic energy drinks among youth. Teenagers and young adults are thecore consumer group for these products. Thirty-one percent of 12- to 17-year-olds and 34 percent of 18- to 24-year-olds report regular consumption of energy drinks. Nonalcoholic energy drink producers promote youth consumption using “grassroots” level marketing strategies, as opposed to traditional channels (such as television, radio, magazine, and outdoor advertising). Companies are looking for “one-on-one relationships” gained through events, extreme sports sponsorships, Internet interactions, text messaging, and communication among users on Internet sites such as MySpace and Facebook. Alcoholic energy drink producers have built on the popularity of nonalcoholic energy drinks in two ways:…
Asia Pacific Breweries (APB) is the leading beer brewery in the Asia Pacific region. The company’s most iconic product, Tiger Beer, is notably one of Singapore’s most successful brands in the world and is valued at S$820 million.…