TEXAS A&M UNIVERSITY CORPUS CHRISTI Case 1 Dr Pepper-Snapple Inc: Energy Drinks MKTG 5320 Wesley Gordon Introduction In the ever changing world of customer needs and expectations Dr Pepper-Snapple was faced with an increased customer focus on energy drinks. This area‚ when exploited correctly‚ is a high growth and high margin beverage business. In early September 2007‚ Andrew Baker had his marching orders. He emerged out a long discussion about entering the energy drink business
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Case: Dr Pepper Snapple Group‚ Inc. Grade ID: 12258 Date: 2/14/2011 The problem associated with this case is whether or not the company should introduce a new energy beverage brand into the market. If a profitable market opportunity exists for the company to enter the energy beverage market the next step would be to identify a target market and marketing mix along with a product line and brand positioning. The best opportunity for the company to gain market share is to target adult
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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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brand that we know of today‚ Snapple‚ originally was manufactured in 1972 as an all-natural apple juice business in Greenwich Village. Arnie Greenberg‚ Leonard Marsh‚ and Hyman Golden founded the Snapple Brand outsourcing production and product development building their network of distributers across New York City. Despite many product flavors that were failures‚ premium pricing balanced everything out and Snapple was still able to generate revenues. Unlike Snapple‚ from 1972 to 1993‚ much start
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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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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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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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Programa PREGUNTAS DEL CASO 1. QUE HIZO SNAPPLE PARA TENER EXITO? Análisis del Mercado: Tamaño Estructura Segmentación de clientes: Publico Objetivo: Hombres y Mujeres Por Edad: Consumidores de entre 18 a 29 años de edad Consumidores de entre 30 a 44 años de edad Por el nivel de consumo: 1. Fieles a la marca a largo plazo: La consumen hace más de 3 anos. 2. Nuevos grandes consumidores: Sinople se ha convertido en su bebida no carbonatada favorita durante
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Introduction From 1972-1993 Snapple Fruit Juice Company flourished while many startup premium fruit drinks struggled and‚ in many cases‚ failed. In fact‚ most of Snapple’s successful competitors during this time were sold to larger distribution companies allowing Snapple to create a Brand image and distribution alliance for the "smaller guy." They were a cult classic‚ promoted by loud‚ brash promoters like Howard Stern and Rush Limbaugh who had huge followings of independent‚ "stick-it-to-the-man"
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Martin Weinsteins’ Sun Dogs is a beautiful art piece. It would bring your mind to ease looking at this piece and have you imagining that you are there. The art depicts a field of green nature‚ with a gorgeous view of two mountains with bodies of water in front of them‚ and bright blue slightly clouded sky. It reminds me of something that can be seen in a country like Norway where it is full of greenery‚ vast mountains‚ and bodies of water. Imagine yourself standing in front of a large canvas
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