Case Study: Smirnoff Vodka Market The drinks market is constantly evolving‚ with product innovation‚ as well as brand strength‚ at the heart of its growth. Doubtless‚ the root of success of Smirnoff vodka is the consistently high standard of classic vodka that its owner has produced over the years. However‚ as the market has evolved‚ so has the Smirnoff brand. With a growing range of flavoured vodkas and pre-mixed cocktails that perfectly tap into the lucrative ready to drink sector‚ Smirnoff
Premium
Ben Lake Prof McGovern International Marketing 17/04/14 Absolut Vodka Case Study 2. Which alternative marketing strategies does V&S Absolut Spirits have to increase its market share for: A) Aboslut Vodka in the USA? In the last 20 years American citizens have developed a tendency for drinking ‘less but better’ alcohols; thus many people now drink cleaner and more pure alcohol. V&S Absolut Spirits must take advantage of this trend as this fits perfectly into their message. Absolut falls into
Premium Eastern Europe Marketing United States
Absolut Vodka’s Absolute Global Marketing On a lovely morning of September 2009‚ with the fiftieth “beep”‚ Steven scanned the last bottle of the limited edition Absolut Vodka 2009 on the spirits Shelf of Selfridges London. The latest special-edition bottles of Absolut - packaged in a dramatic heavy-metal rock style‚ wrapped with golden studs and gray leather‚ rapidly become a spot light among the shelf‚ the whole spirit of Rock n’ Roll are simple illustrated by the new design‚ and just as its normal
Premium Absolut Vodka
reputation of V&S from 20th ranking to 2nd of the world’s vodka brand and leading premium vodka manufacturer of the world. By acquiring business‚ PR could expand their vodka business to world easily (especially US market) for the reason that it had a well-established brand name and consumers were familiar with such brand name. Further‚ financial objective was another motive for such acquisition since it offered PR a viable option to broaden their vodka portfolio to Ready To Drink (RTD) and Flavoured Alcoholic
Premium Marketing European Union Alcoholic beverage
PRESS RELEASE – 19 JUNE 2012 JOHNNIE WALKER CLOSES IN ON SMIRNOFF’S LEAD AS WORLD’S TOP ALCOHOLIC DRINKS BRAND DUE TO STRENGTH IN ASIAN AND LATIN AMERICAN MARKETS • Smirnoff holds top position but its once considered unassailable lead is being quickly eroded by an ever strengthening Johnnie Walker. • Johnnie Walker’s performance this year over-shadows all brands in the Power 100. • Every one of the top 16 brands in The Power 100’s Global Mega Brands rankings increased
Premium Brand Brand equity Brand management
Russian Standard Vodka: Strategies for Global Branding and Expansion into the US Market Case Study By CHEN Mengjie Marguerite Summary Given the success of Russian Standard Vodka in the Russian and European Market‚ following the global branding vision‚ expansion strategy for US market needs to be defined. This case study will provide in-depth analysis to focus on evaluating expansion strategies and offering market entry recommendations. 1. Russian Standard 1.1 Overview Russian Standard
Premium Vodka Brand Brand management
promotional strategy for a period of one year 2006/07. The objectives of the promotional plan are to achieve growth for the Smirnoff brand by tapping into a new product and market‚ to increase market share and build awareness and preference for the Smirnoff brand in the affordable ready-to-drink (RTD) segment. Light is a vodka-based pre-mixer‚ consisting of vodka‚ fresh juices and liqueur. Light will be positioned as an affordable‚ mass-marketed pre-mixer with a lower alcohol and sugar content
Premium Alcoholic beverage Marketing
5 Weaknesses 5 Opportunities 5 Threats 5 4. Competition 6 Ad Comparison: Smirnoff vs. Absolut 7 Smirnoff Vodka 8 Popularity 9 5. Market Research 10 Target Market 10 Focus Group and Blind Taste testing 13 6. Marketing Strategies 15 Table of Figures 16 1. Mission Statement It was very difficult to find an actual mission statement for Smirnoff Vodka but we did find a mission statement for Smirnoff Vodka’s company owner Diageo. Diageo is the world’s leading premium drinks business
Premium Marketing Vodka Brand
the #1 domestically made US vodka‚ Skyy Vodka’s mission is to provide a premium vodka with the purest‚ smoothest taste with less impurities than any other vodka. Skyy Vodka is the number one choice of bartenders for the ultimate mix of style and taste. While Smirnoff and Absolut continue to lead in market share‚ we want to differentiate Skyy among these competitors by emphasizing both of these attributes. We plan to reposition the brand as a “step up” from all other vodka. We aim to highlight the smooth
Premium Marketing Absolut Vodka Vodka
Absolute Vodka: Defending and attacking for a better position in the global vodka market. 1. Which alternative marketing strategies does V&S Absolut Spirits have to increase its market share for: Since V & S predominantly (and rightly so) focuses on Brand promotion and awareness‚ it carried out comprehensive advertising campaigns which aim to etch the brand and its image in the back of the consumers mind wherein when they think of Vodka they immediately make the connection with Absolut.
Premium Absolut Vodka Marketing Alcoholic beverage