Boston Matrix: Innocent Drinks
Innocent Drinks manufactures all-natural juice drinks, smoothies, vegetable 'pots' (blended vegetables in small containers), and squeezable fruit tubes. Some of these products are specifically positioned as being intended for children, others are not, although nearly all are packaged in a child-friendly fashion with cartoon characters on the label. These products are designed to capitalize upon the new trend for 'eating healthy' and answer concerns about obesity in children. The company's product range remains relatively limited but like all brand names it has an array of 'dogs,' 'cash cows,' 'problem children' and 'stars.'
Dogs
The new squeezable 'fruit tubes' for children seem like a dubious investment. Parents that purchase Innocent Drinks are attracted by the brand's pure image. Selling fruit puree in a highly processed 'squeezable' format is unlikely to attract the target consumer. Innocent Drinks have a somewhat unconvincing...
Drink Probability Experiment Preface to Study You plan to conduct a marketing experiment in which students are to taste one of two different brands of soft drink. Their task is to identify the brand tasted. You select a random sample of 200 students and assume that the students have no ability to distinguish between the two brands. (Hint: if an individual has no ability to distinguish between the two soft drinks, then each
The Living Essentials company claims it markets its high-powered beverage (which is sold in a 2-oz bottle as a "shot") to "…hardworking adults who need an extra boost of energy" (Meier, p. 2). Another article in the respected New York Times reports that in addition to the 13 fatalities linked to 5-Hour Energy, another 5 deaths have been linked to "Monster Energy" (Meier, 2012). These data were released by the
Sport Drink Facts and Fictions Sports Drinks Commercial sports drinks make many claims, such as giving athletes 'wings' (Red Bull GmbH, n.d.), "Seizing Every Advantage" (PepsiCo, 2013), or "Go Stronger for Longer" (Coca Cola Co., 2013). Red Bull's Energy Drink contains 320 mg of caffeine and 110g (11%) of sucrose and glucose per liter (Red Bull GmbH, n.d.). Gatorade Thirst Quencher contains 58.3 g (5.8%) of sucrose and dextrose per liter of
Marketing Sports Drink In today's current marketplace, there is stiff competition among sports drink manufacturers. Our company has developed a product with an edge on the competition. The product is a sports drink that comes in a container that effectively keeps the drink cold for approximately six hours. In order for sales of this product to succeed in the marketplace, it is necessary for our company to devise effective strategies for
A low concentration of market share is always held by many rival firms making the competitive landscape more intense. Threat of substitutes; Substitutes refer to other products in other industries. Pepsi deals with beverage industry and food industry for example. The private label food products that are low priced compared to those of Pepsi which is highly priced, is leading to price wars as customers opt for cheaper products. Buyer power;
Energy Drink The strategic group map for the energy/sports drink category should focus along the axes of energy and sport. An energy drink is basically a caffeine/sugar bomb, intended to provide a burst of energy and alertness. A sports drink tends to also have a lot of sugar, but not necessarily caffeine, and instead will have salt as a means of boosting electrolytes. Thus, the two categories can be quite a
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