SNAPPLE – An Introduction Started in 1972 by selling all-natural apple juice “100% Natural”- the business mantra Alternative beverage category drink Product portfolio includes juices‚ iced tea‚ lemonade‚ water By 1994‚ had sales revenue around $674 m Distributed mostly through cold channels Promotion of Snapple was an offbeat blend of PR and advertising Had huge success by creating a spokesmodel for the brand: Wendy Kaufman Brand promoted through radio programs by Stern
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Snapple Case Study Evaluation: Question and Answers 1. How would you characterize Snapple’s brand image and sources of brand equity? What are the strengths and weaknesses of the brands existing personality and image? Snapple’s brand image can be characterized “New Age” (pg. 329). Snapple was a nationally recognized brand on the rise in the beverage industry. Their brand image reflected on the quality of naturally flavored drinks which
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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 energy
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known as a popular and user friendly “ready-to-drink” beverage. The huge growth Snapple was able to achieve was due in part to the almost cultish fan base that Snapple developed. For example‚ a family in New Jersey even gave their son the middle name Snapple. Studies showed that ready-to-drink beverages were selected almost strictly based upon fashion‚ taste‚ and status related considerations. For this reason‚ Snapple gained appeal through alternative means of marketing. They used product placements
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129 Section 01 Brief Case Study Case Study # 3: Snapple I. Diagnostic symptoms The most critical and diagnostic facts in this case primarily revolve around Snapple’s overall image as perceived by consumers. The image is what built this brand into a success and later pushed it into decline. Five most diagnostic/alarming symptoms: 1. Mismanagement of established image. (Deighton‚ 2003:5). • Quaker intended on making the Snapple brand into big business in a short amount of time
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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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energy drink flavors entering the market and I know that my wife is addicted to those as she drinks one a day in lieu of coffee. 2. Does your characterization bode well for a new energy beverage brand introduction generally and for Dr. Pepper Snapple Group‚ Inc. in particular? 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
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Dr. Pepper Snapple Group Case Study Financial Management Derks‚ V (3997979). Doyle‚ D (4137531) & Ichev‚ R (4111443). Commissioned by the University of Utrecht. Introduction Originating to as early as 1880‚ Dr Pepper has become one of the most famous producers of carbonated drinks around the world. On May 7‚ 2008 the brand was spun-off from its parent company‚ Cadbury Schweppes Americas Beverages‚ or CSAB. The company was split into two with Dr. Pepper Snapple Group controlling
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Dr. Pepper Snapple Group‚ Inc. (DPS) is an integrated beverage brand owner‚ manufacturer‚ and distributor of non-alcoholic beverages in the U.S.‚ Canada‚ and Mexico and the Caribbean. Their headquarters is in Plano‚ Texas‚ and Dr Pepper Snapple Group‚ Inc. is a leading provider of flavored carbonated soft drinks and non-carbonated beverages. They have built their success through strategically acquiring beverage brands and then building them into leaders in their category. Examples of their notable
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SNAPPLE: REVITALIZING A BRAND INTRODUCTION In the 1990s‚ Snapple Corporation was one of the leading “New Age” beverage brands when the category was just beginning to take off. With the combination of a unique product‚ package design‚ and quirky advertising‚ the company grew form a regional underground favorite toa nationally recognized brand. Snapple’s rise in the beverage industry was crowned in 1994‚ when the Quaker Oats Company purchased Snapple for $1.7 billion. Quaker expected to make
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