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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Case Recap Dr. Pepper/Seven Up‚ Inc. is the company which produces the brand Squirt. “Squirt is a caffeine-free‚ low sodium carbonated soft drink brand with a distinctive blend of grapefruit juices that gives it a tangy‚ fresh citrus taste. Squirt is the best selling carbonated grapefruit soft drink brand in the U.S.” (Kerin and Peterson‚ 2010) Kate Cox‚ the brand manager responsible for Squirt believes that market targeting and product positioning are key elements in Squirt’s advertising and
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Class Assignment- Dr. Pepper/7 up Inc. Squirt brand Case Introduction and Marketing Issues- Dr Pepper/7Up Inc.‚ is one of the largest soft drinks company in the world. This company has its production in 200 countries. Most popular soft drinks are: Dr Pepper‚ 7 UP‚ RC cola‚ A&W Root Beer‚ Canada dry‚ Hawaiian Punch‚ and Squirt. Squirt‚ is a drink that was invented in the course of an experiment by Herb Bishop in 1938. It was a new carbonated soft drink that required less fruit and
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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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Action Plan: Dr Pepper Snapple Group‚ Inc. Energy Beverages Action Plan: Dr Pepper Snapple Group‚ Inc. Energy Beverages Inhoud Introduction. 3 Analysis. 3 The Market. 3 Competitors. 4 Customer behaviour. 4 Marketing Mix 4ps. 5 Product. 5 Place. 5 Price. 5 Promotion. 5 Recommendation. 6 Target Market. 6 Product Line and Positioning. 6 Marketing. 6 Advertisements and Promotion. 6 Pricing. 7 Introduction The history of Dr Pepper Snapple Group Inc. is very complex
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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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Introduction The soft drink industry is one of great and increasing power. With powerhouse companies such as the Coca-Cola Company and Pepsi Co dominating the market‚ Dr. Pepper Snapple Group has remained a close competitor with their line of soft drinks. While the demand of carbonated beverages has consistently been decreasing over the past few years due to health concerns‚ the attraction to diet beverages has boosted due to the idea of it being a healthier alternative to full-calorie sodas. Perceived
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Dr. Pepper Snapple Group‚ Inc. 1. How would you characterize the energy beverage category‚ competitors‚ consumers‚ channels‚ and DPSG’s category participation in late 2007? § Five dominant competitors: Red Bull‚ Hansen Natural (Monster)‚ Pepsi (Sobe Adrenaline Rush‚ AMP)‚ Rockstar‚ and Coke (Tab‚ Full Throttle) § $6.2 billion industry in 2006 § Grew at a rate of 42.5% from 2001 to 2006‚ 10.2% from 2007-2011 Consumers limit their choices to only 1.4 different brands indicating brand loyalty
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assessments‚ as well as the strategy analyses that we have performed using various matrices‚ we have 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
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1. What is the offering concept? What does this mean for Dr. Pepper/7Up Inc.? An offering consists of the benefits or satisfaction provided to target markets by an organization. It consists of a tangible product or service (a physical entity) plus related services (delivery and setup)‚ brand name(s)‚ warranties or guarantees‚ and packaging. Focusing on the term offering rather than just the product or service forces the marketer to go beyond the single tangible entity being marketed and to consider
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