packed in distinctive food grade plastic bottle‚ and Hunny Good Day‚ 100% pure and natural fruit juice‚ free of added sugar‚ artificial flavors and preservatives. Now Hunny Foods Ltd has developa new product in the market that is named as “FRESHUP ENERGY DRINK”. For this purpose first we have conducted the SWOT analysis of our
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reject or be discouraged to buy the product or may be encouraged to buy in a way of overstated advertising of a certain product. It is important to study the brand preference of gym enthusiasts on energy drink product‚ in this research we will focus on how gym enthusiasts choose the brand of energy drink they will purchase. Brand preference is a degree by which the consumers prefer one brand over the other. It also provides some information needed by the buyer‚ like how consumers choose the kind of
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Assignment MKT-301 Submitted to: Tania Akter BRAC Business School. Submitted by: Faiyaz Bin Rahman ID – 12304075 Section – 5 BRAC Business School. Date of Submission: 20th February‚ 2015. Analyzing the Marketing Environment Pepsi Energy Drink PepsiCo Inc. is an American multinational food and beverage corporation headquartered in Purchase‚ New York‚ United States‚ with interests in the manufacturing‚ marketing and distribution of grain-based snack foods‚ beverages‚ and other products
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POSITIONING STRATEGY POSITIONING Creating a unique and distinctive image for a brand relative to the competition Brand should be perceived as different from competitors by consumers EFFECTIVE POSITIONING Meaningful to consumers Credible/believable Unique to your brand Durable over time FOCUS OF POSITIONING Attributes and benefits of the product Competition Product user Product use or application Product class Cultural symbols Jet Blue Airways Focus on the benefits of Jet Blue
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Consumer Behavior Monster Energy Target Market Because the energy drink is still part of a new and developing industry‚ the energy drink target market is different than in some of the other beverage industries. Monster energy drinks have become a very popular‚ “hip” part of society‚ but the market at which they are aimed is not as wide and expansive‚ or diverse‚ as some might think. Early in energy drink history‚ when they were first being sold in the United States‚ athletes were the primary consumers
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ability to set there own price without losing customers because of product differentiation. For example‚ pretend you are the owner of a Chinese restaurant in the food court of the mall. Also in the food court are several burger joints and a Mexican restaurant. There are several things to factor when determining the price of your food. You know you can’t charge $15 a meal when a consumer can get a burger‚ fries‚ and drink for $5. But you also know you can markup your meals to $6-$9 because you
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The next option is a broad differentiation strategy providing products or services that offer benefits different from those of competitors and that are widely valued by buyers. The aim is to achieve competitive advantage by offering better products or services at the same price or enhancing margins by pricing slightly higher. Differentiation may be achieved in a number of ways. The product may incorporate a more innovative design‚ may be produced using advanced materials or quality processes
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Differentiation Framework July 13‚ 2013 Differentiation Framework The following paper contains a discussion of (1) Jack Welch’s differentiation framework‚ (2) A‚ B‚ C position categorization and (3) process that must be in place for successfully differentiating your workforce. Jack Welch’s 20-70-10 Differentiation Framework No other principle brings more controversy‚ and is more misunderstood than Jack Welch’s 20-70-10 differentiation framework. In a 2005 USA Today online interview posting
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SUMMARY The Marketing plan is intended to launch and promote a new energy drink‚ “Naughty G”to the Maldives market. The plan outlines the pros and cons of supplying Naughty G from Singapore and distributing in Maldives showing sales figures and viability of the venture. 2.0 THE CHALLENGE 3.1 Vision/ Objectives The objective is for the product to be amongst the leading energy drink brands and to be the most consumed energy drink‚ locally. In the long run‚ make available the best value for
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analytic rather than empirical. Logically‚ brands that are less substitutable will compete less directly. This does not mean that the normative strategy implications are proven. They depend on some important empirical questions concerning differentiation in the real world‚ such as: Abstract The credibility and vibrancy of any discipline depends on a willingness to
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