¶ … innocentdrinks..uk / 1 introduction: a general overview business, business sector, size, history, product rage, location, information interesting 2 organizational chart 3 recrutements career opportunities, organisation secrets stuff 4 selection: selection process, qualities experience a candidate 5 rewards benefits 6 Training - details training personal development programmes company
Innocent Drinks
Innocent Drinks was founded in 1999 in London, United Kingdom. It is a small size company, employing slightly over 200 staff members, but generating impressive revenues of over £120 per year (Website of Innocent Drinks, 2012).
The success of the organization is based on the powerful management and business model, with primary emphasis on the products they sell. Innocent Drinks produces and retails beverages and foods products created in the most natural manner possible. The ingredients are naturally grown and the end products do not contain any preservatives, water, sugar or other sweeteners, concentrates and so on. "Innocent's products are as pure as its name suggests" (Hoovers, 2012).
Traditionally, the organization had been selling fruit juices exclusively, but gradually, it has diversified its product offering. Today then, Innocent Drinks also produces and retails yoghurts, fruit yoghurts, smoothies, fruit tubes and veg pots. The fruit tubes constitute of pureed fruit and juice, packed in tubes which can be squeezed to free the content. The veg pots -- which had been introduced in 2010 -- are microwavable lunches, comprising of natural and safe ingredients, similar to all the products sold by Innocent Drinks. These lunches contain vegetables, herbs, spices, a whole grain and a sauce.
Despite the product diversification, the emblem products of Innocent Drinks remain the beverages, and the company sells 2 million smoothies each week. Within the United Kingdom for instance, Innocent Drinks dominates 75 per cent of the entire smoothie market. The organization has expanded its presence in Europe and it sells its products in more than 10,000 locations across the Old Continent; these locations are traditionally coffee shops and retail stores.
The industry in which Innocent Drinks operates is highly dynamic, characterized primarily by the existence of small size companies, operating at local levels. These entities are currently striving to expand their operations and their presence. In doing this, they focus on building infrastructure and improving scale operations in order to ensure superior market penetration and sustain profitable growth (Euromonitor International, 2012).
The main competitors of Innocent Drinks are the Dole Food Company Inc., Orchard House Foods Ltd., and PepsiCo International. As of 2009, Innocent Drinks is partially owned by the Coca Cola Company (Hoovers, 2012).
2. Innocent products
As it has been mentioned in the previous section, the smoothies remain the primary product of Innocent Drinks. From the marketing perspective, they could be perceived as the cash cows of the company.
Innocent Drinks strives to adapt to the new demands of its consumer base and it develops new products, which can be either stars, dogs or question marks, as revealed in the Boston Consulting Group matrix below.
The stars are items which reveal a quick growth and they are popular among the consumer base; they do however require increased investments on the part of the firm and their future is unsure. In a positive scenario, they are expected to be cash cows.
The question marks are items which also require investments to be sustained, but their future is even more unsure compared to that of the star products. The question mark products are present in small market shares. The dog items have small market shares in mature industries. They engage various resources and the company would traditionally consider renouncing them.
Last, the cash cows are stable products, present in large market shares in mature markets. They require little investment and they generate reliable income. For Innocent Drinks, the smoothies are these cash cow products.
To ensure that they preserve their quality of cash cows, the smoothies are created with dedication to high quality. Specifically, the company ensures that two portions of fruit are present in each beverage, as revealed in the chart below:
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