Dr Pepper Snapple Group‚ Inc. Energy Beverages Table of Contents STRATEGIC ISSUES AND PROBLEMS 2 DR. PEPPER SNAPPLE GROUP‚ INC. 2 PLAN OF ACTION 3 RECOMMENDED ENERGY BEVERAGES MARKETING STRATEGY 3 Goals and Objectives 3 Target Market 3 Marketing Mix 4 Product Strategy 4 Price Strategy 4 Distribution and Sales 4 Advertising and Promotion 4 STRATEGIC ISSUES AND PROBLEMS Andrew Barker‚ brand manager for Snapple beverages at the Dr Pepper Snapple Group‚ Inc.‚ has been charged
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Dr Pepper Snapple External Analysis * Bargaining Power of suppliers – Medium The switching cost to find other suppliers of commodities to produce beverage is not high‚ and those suppliers are not concentrated or differentiated. However‚ the recession significantly increased commodity prices‚ and DPS has very little power in affecting the prices they pay for these commodities. * Bargaining Power of buyers - Medium Individual buyers do not put high pressure on DPS‚ but large buyers like
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Assessment of financial circumstances 2013/14 For parents and partners of students This form is also available from www.direct.gov.uk/studentfinance SFE/PFF2/1314/C the student finance experts Who should complete this form? Complete this form if you are: • The student’s natural or adoptive parent • The student’s step-parent • The husband‚ wife‚ civil partner or cohabiting partner of one of the student’s parents • The student’s husband‚ wife or civil partner • The student’s
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Assignment 3.4 – Case Study: Dr. Pepper Snapple Group‚ Inc.: Energy Beverages 1. How would you characterize the energy beverage category and competitors in late 2007? A slow growing market is a great way to characterize the energy beverage category in late 2007. This industry was increasing in profits still but was not increasing in profits as quickly due to factors such as market maturity‚ increasing in prices‚ competition and new hybrid products (Kerin & Peterson‚ 2010). The market was still
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channel distribution marketing stragegy was exploited. Initially had a very little supermarket stragegy Maintain strong relationship with the distributors. Inventing in coolers and vending machine. (Details to convince): In the United States‚ Dr Pepper Snapple Group does not have a complete network of bottlers and distributors‚ so the drink is sometimes bottled under contract by Coca-Cola or Pepsi bottlers. Currently‚ the majority of Pepsi and Coke bottlers bottling Dr Pepper are owned by PepsiCo and The
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Dr. Pepper/7Up Case Study BUSN 630 2-15-11 Problem: Squirt has seen very flat growth recently. The problem in this case is determining the right market targeting and product positioning for advertising. Squirt has to uphold its current reputation for its products while expanding in hopes of earning higher profits. They have to do all of this within a certain budget. Decision Factors: Studies show that Squirt’s target market is the 18-24 yr range. Studies also show that Squirt is preferred
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1. How would you characterize the energy beverage category and competitors in late 2007? The energy drink market is very competitive as it has several major brands in play. These brands include Red Bull‚ Monster Energy‚ Rockstar‚ and PepsiCo’s AMP. The major purchases of the energy drinks are made in the convenience stores‚ supermarkets‚ and mass merchandisers as they account of 71% of the retail sales compared to 29 percent of sales made in restaurants and night clubs (Kerin & Peterson‚ 2010)
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Define the Problem Central Problem Dr Pepper Snapple faced problems deciding whether the company should enter into the energy drink market. The energy drink market is a high growth and high-margin business. Recent rise in such functional drinks has Dr Pepper wanting to tap into this fast growing market. Dr. Pepper is one of the only major domestic carbonated soft drink companies that have not introduced a line of energy drinks. The challenge Dr Pepper Snapple faces is what would be the best
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ASSIGNMENT – PART 3 DEVELOP AND IMPLEMENT A NEW STRATEGY AND ASSESS ITS FINANCIAL VIABILITY This assignment has three parts: PART-3(A): SELECT A NEW STRATEGY PART-3(B): DEVELOP AN IMPLEMENTATION PLAN PART-3(C): CONFIRM FINANCIAL VIABILITY OF THE PLAN PART-3(A) SELECTING A NEW STRATEGY In the previous steps‚ you evaluated the current fit in the company and‚ in doing so‚ highlighted the major issues/problems faced by the firm. Your task now is to generate and evaluate possible solutions. Given
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2007‚ Andrew Barker emerged from a lengthy discussion on the energy beverage market in the United States. As a brand manager for Snapple beverages at the Dr Pepper Snapple Group‚ Inc.‚ he was charged with assessing whether or not a profitable market opportunity existed for a new energy beverage brand to be produced‚ marketed‚ and distributed by the company in 2008. Dr Pepper Snapple Group‚ Inc. was the only major domestic nonalcoholic beverage company in the United States without a significant branded
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