Case Study: Smirnoff Vodka Market The drinks market is constantly evolving‚ with product innovation‚ as well as brand strength‚ at the heart of its growth. Doubtless‚ the root of success of Smirnoff vodka is the consistently high standard of classic vodka that its owner has produced over the years. However‚ as the market has evolved‚ so has the Smirnoff brand. With a growing range of flavoured vodkas and pre-mixed cocktails that perfectly tap into the lucrative ready to drink sector‚ Smirnoff
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ABSOLUT FACTS • ABSOLUT VODKA‚ introduced in the US in 1979‚ is the fourth largest international premium spirit in the world and is available in more than 150 markets. ABSOLUT VODKA is the number two brand of premium vodka worldwide. (Source: Impact International) • Since its launch in 1979‚ ABSOLUT VODKA has achieved significant worldwide sales growth‚ from 10‚000 nine-liter cases (90‚000 liters) to 11.0 million nine-liter cases in 2010 (99.0 millions of liters).Every bottle of ABSOLUTVODKA
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Introduction Absolut Vodka is a French-owned brand of vodka‚ produced near Åhus‚ Skåne‚ in southern Sweden. Since March 2008‚ the company has been owned by the French firm Pernod Ricard‚ having been sold by V&S Group‚ which is owned by the Swedish government. Absolut is the third largest brand of alcoholic spirits in the world after Bacardi and Smirnoff‚ and is sold in 126 countries. Absolut’s beautiful “Anthem” commercial was the result of a collaborative effort by a group of artists‚ who created
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Page 1 of 18 Abstract: The Absolut Vodka advertising campaign has been running non-stop since 1981. It’s been over 20 years‚ which in advertising‚ is practically forever. Industry insiders hail it as one of the most successful campaigns in the history of advertising. It is rarely that one comes across ads which cut on the copy to focus on the visual appeal. Absolut Vodka is one such campaign. The star of the ads is always the beautiful‚ artful‚ chameleon-like bottle from Sweden. It’s brilliant
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Geographic Segmentation Geographic segmentation calls for dividing the market into different geographical units such as nations‚ regions‚ states‚ counties‚ cities‚ or even neighborhoods. A company may decide to operate in one or a few geographical areas‚ or to operate in all areas but pay attention to geo-graphical differences in needs and wants. ACI Logistic Ltd (shwapno) today is localizing their products‚ advertising‚ promotion‚ and sales efforts to fit the needs of individual regions
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Absolut Vodka’s Absolute Global Marketing On a lovely morning of September 2009‚ with the fiftieth “beep”‚ Steven scanned the last bottle of the limited edition Absolut Vodka 2009 on the spirits Shelf of Selfridges London. The latest special-edition bottles of Absolut - packaged in a dramatic heavy-metal rock style‚ wrapped with golden studs and gray leather‚ rapidly become a spot light among the shelf‚ the whole spirit of Rock n’ Roll are simple illustrated by the new design‚ and just as its normal
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Segmentation‚ Targeting‚ and Positioning Segmentation‚ targeting‚ and positioning together comprise a three stage process. We first (1) determine which kinds of customers exist‚ then (2) select which ones we are best off trying to serve and‚ finally‚ (3) implement our segmentation by optimizing our products/services for that segment and communicating that we have made the choice to distinguish ourselves that way. Segmentation involves finding out what kinds of consumers with different needs
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Bibliography: Silverman‚ D. (2006). Interpreting Qualitative Data. 3rd edition. Sage. McDonald‚ M. Dunbar‚ I. (2004). Market Segmentation: How to do it‚ How to profit from it. Elsevier Butterworth-Heinemann. Pumphrey‚ A. (2005). Business Superbrands. Superbrands Ltd. Tedlow‚ R.S. (1990). New and Improved. Heinemann Professional Publishing. Gilligan‚ C. Wilson‚ R.M.S. (2003). Strategic
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[pic] REPORT ON STUDY OF ON PREMISE TRADE AND CONSUMER BEHAVIOUR WITH FOCUS ON FUEL VODKA PREPARED BY: VARUN NAYYAR ROLL NO. - 100 JAGANNATH INTERNATIONAL MANAGEMENT SCHOOL Acknowledgement Completion of project and writing of the report is a satisfying and the pleasant part of the opportunity for those who contributed towards it. While doing my project I was guided in a way that not only showed me the right direction but also made me grow more rational in my thinking and approach
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BENEFITS OF MARKET SEGMENTATION Gautam S Rashingkar Market Segmentation ● Dividing a market into smaller groups of consumers or organisations in which each consumer has a common characteristic such as a need or a want. ● It involves building up or breaking down of potential buyers into groups called market segments. ● By doing so the marketers will have a better understanding of their target audience and thereby make their marketing more effective BASIS OF MARKET SEGMENTATION 1. 2. 3. 4. 5
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