determine that Dr Pepper Snapple Group are most suited to go for a product development strategy. Through product development‚ Dr Pepper Snapple Group would focus on consumers’ need‚ improve their current product line and expand their brand with new product creation. In addition‚ Dr Pepper Snapple Group should consider going for market development to boost their current products’ placement and promote new products. To implement these two strategies that have been chosen‚ we have come up with a three-year
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The now behemoth Dr Pepper Snapple Group (DPS) has simple origins like many in its class it has grown exponentially over the years the by-gone days of soda shops that were once vital to this business are fleeting memories like the foam coming off of a freshly poured glass of Dr Pepper. From humble beginnings in Waco‚ Texas in 1885‚ the delicious refreshment was born thanks to Charles Alderton‚ a young pharmacist working in Morrison’s Old Corner Drug Store. Alderton wanted to find a drink that embodied
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Dr Pepper Snapple group‚ Inc. is a major integrated brand owner‚ bottler‚ and distributer of nonalcoholic beverages in the United States. In 2007 they had net sales of $5.748 billion‚ 21 manufacturing facilities and approximately 200 distribution centers in the United States. They are the number one Company in carbonated soft drink products in the United States. Their business strategy is to invest most heavily in their key brands to drive profitable and sustainable growth by strengthening consumer
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As social responsibility and environmentally friendly attitudes have become more prevalent‚ many companies have moved towards adapting technologies that are more efficient and less damaging to the environment. The Dr. Pepper Snapple Group takes this corporate social responsibility extremely seriously. They believe that environmental stewardship is core to operating a company that will be successful in the long term. As such they have challenged themselves to move towards more environmentally friendly
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DISCUSSION QUESTIONS FOR DR. PEPPER SNAPPLE GROUP _1. HOW WOULD YOU CHARACTERIZE THE ENERGY BEVERAGE CATEGORY‚ COMPETITORS‚ CHANNELS‚ AND DPSG’S CATEGORY PARTICIPATION IN LATE 2007?_ In late 2007 the energy beverage category was reaching market maturity and projected to have a slower annual growth rate from 2007 to 2011 (10.5%) than it had between 2001 and 2006 (42.5%). Rising prices‚ packaging competition‚ and the introduction of hybrid energy beverages also added to the slower projected growth
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Problem Andrew Barker‚ a brand manager for Snapple beverages at the Dr. Pepper Snapple Group‚ Inc.‚ must assess whether or not a profitable market opportunity exists for a new energy beverage brand to be produced‚ marketed‚ and distributed by the company in 2008. He has about 3 months to determine the market opportunity. SWOT Strengths | Weaknesses | * Strong portfolio of leading consumer-preferred brands * Integrated business model * Strong customer relationships * Attractive positioning
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Case Analysis Dr. Pepper Snapple Group‚ Inc.: Energy Beverages 1. How would you characterize the energy beverage category‚ competitors‚ consumers‚ channels‚ and DPSG’s category participation in late 2007? The energy beverage category was the fourth largest nonalcoholic beverage category in America during 2006. While it wasn’t among the top three‚ it was the fastest growing beverage category. The energy beverage market is primarily led by three big name brands including Red Bull‚ Monster Energy
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Critical thinking paper # 4. Nowadays it became very easy for companies to advertise their products and services because of the great improvement of media literacy. Today we have a great number of brands which are very well known and popular among people‚ However‚ it is very important to keep people’s awarness about your product and always create something that could not always retain loyal customers but also attract new consumers. Searching in internet you can easily find numerous video ads about
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The documentaries Seven Up and Seven Plus Seven were directed by Michael Apted. This series began in england in 1964. In these documentaries the main focus were these british children at the young age of seven and then later showed their perspectives at the age of fourteen. All the children had their own differences‚ from what they looked like to where they were raised. There are three children I would like to focus and do a developmental psych theories connection on Suzanne Lusk (Suzy)‚ John Brisby
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Dr. Pepper Snapple Group Case – Energy Beverages Company Strengths Strong Portfolio of Leading‚ Consumer-Preferred Brands Owns a diverse portfolio of well-known CSD/non-CSD brands Provides their own bottlers‚ distributors‚ and retailers Manages a wide variety of products and provides a foundation for growth and profitability #1 flavored CSD company in the US Integrated Business Model Believes its brand ownership‚ bottling‚ and distribution are more integrated than the U.S. operations
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