crescent pure business school case study

30
ORGANIC BEVERAGE SPORT DRINKS ENERGY DRINKS CRESCENT PURE A CASE STUDY

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Page 1: Crescent Pure Business School Case Study

ORGANIC BEVERAGE

SPORT DRINKS

ENERGY DRINKS

CRESCENT PUREA CASE STUDY

Page 2: Crescent Pure Business School Case Study

PETER HOOPER founded

CRESCENTin 2008

PORTLAND DRAKE BEVERAGES (PDB)

acquiredCRESCENTin the year JULY 2013

Page 3: Crescent Pure Business School Case Study

CRESCENT PURE

STANDS OUT OF THE BOX

IN WHAT WAY ???

Page 4: Crescent Pure Business School Case Study

ALL CRESCENT PURE INGREDIENTS WERE CERTIFIED “ORGANIC”

Page 5: Crescent Pure Business School Case Study
Page 6: Crescent Pure Business School Case Study

•Lime Juice•Lemon Juice•Raw Cane Sugar (Small Amounts)•Green Tea•Guarana (A Plant Native To South America Which Has Double The Concentration Of Caffeine Found In Coffee Beans Is Used As An Energy Stimulant)•Ginseng (A Herbal Supplement To Relieve Fatigue And Boost Concentration)•Fine Grain Salt

Page 7: Crescent Pure Business School Case Study

55+ 2%

25-34 15%

35-44 15%

45-54 3%

18-24 44%

CRESCENT CONSUMER STUDYDEMOGRAPHICS OF CRESCENT ONLINE CONSUMERS

Page 8: Crescent Pure Business School Case Study

MALE 59%

FEMALE 41%

CRESCENT CONSUMER STUDYMALE VS FEMALE

Page 9: Crescent Pure Business School Case Study

35%

22%

29%

47%9%

8%

19%

38%

29%

DESCRIPTION OF CRESCENT

Refreshing Healthy Affordable

Functional Too Sweet Suitable For Teens

Fun Natural Hydrating

Page 10: Crescent Pure Business School Case Study

KEY FINDINGS

Crescent taste appeals to most consumersOlder consumers liked Crescent as it was a healthy alternative to high calorie sugary energy drinksYounger consumers felt it had less energyCrescent had healthy ingredients, good taste and a slight pick-me-upMany were surprised that the drink price was only $2.75 despite organic and energy ingredients

Page 11: Crescent Pure Business School Case Study

ENERGY DRINKSPORT DRINK

ORGANIC BEVERAGE

POSITIONING STRATEGY

Page 12: Crescent Pure Business School Case Study

ENERGY DRINKS ???

Page 13: Crescent Pure Business School Case Study

MARKET SIZE

$8.5 Billion (2013)

$13.5 Billion (2018)

Page 14: Crescent Pure Business School Case Study

CONSUMER DATA

18-34 YEARSLARGEST GROUP

OFENERGY DRINK

CONSUMER

Page 15: Crescent Pure Business School Case Study

COMPETITION

FRIGHT (34% REVENUE)

RAZOR (27% REVENUE)TORQUE (16% REVENUE)

STELLAR (8% REVENUE)

30 INDEPENDENT PRODUCERS (15% REVENUE)

Page 16: Crescent Pure Business School Case Study

THREATSHEALTH AND SAFETY RISKS

Page 17: Crescent Pure Business School Case Study

SPORTS DRINK ???

Page 18: Crescent Pure Business School Case Study

MARKET SIZE

$6.3 Billion (2012)

$9.58 Billion (2017)

Page 19: Crescent Pure Business School Case Study

CONSUMER DATA

12-17 YEARS(77%)

18-24 YEARS (62%)

Page 20: Crescent Pure Business School Case Study

COMPETITIONGLEAM (73% REVENUE)

DRIP (21% REVENUE)

20 OTHER PRODUCERS (6% REVENUE)

Page 21: Crescent Pure Business School Case Study

THREATSRISING CHILDHOOD OBESITY

RATES RESULTING IN REMOVAL OF SPORT DRINKS FROM

SCHOOLS

Page 22: Crescent Pure Business School Case Study

ENERGY DRINKS ???

SPORT DRINKS ???

Page 23: Crescent Pure Business School Case Study

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

REFRESHING HEALTHY AFFORDABLE FUNCTIONAL TOO SWEET SUITABLE FOR TEENS

FUN NATURAL HYDRATING

ENERGY DRINKS VS SPORTS DRINKS

Energy Drinks Sports Drinks

Page 24: Crescent Pure Business School Case Study

HYDRATION VS ENERGY

SPORT DRINKS

ENERGY DRINKSSPORT DRINKS

ENERGY DRINKS

HYDRATION WILL BE HIGHER IN SPORT DRINKS THAN ENERGY DRINKS ENERGY CONTENT WILL BE HIGHER IN ENERGY DRINKS WHEN COMPARED TO SPORT DRINKS

Page 25: Crescent Pure Business School Case Study

NUTRITION VS TASTE

ENERGY DRINKS

SPORT DRINKS

SPORT DRINKS ENERGY DRINKS

NUTRITION IN SPORT DRINKS WILL BE HIGHER THAN ENERGY DRINKS TASTE WILL BE MORE OR LESS SAME FOR BOTH SPORT DRINKS AND ENERGY DRINKS

Page 26: Crescent Pure Business School Case Study

IN MY POINT OF VIEW !!!

NEITHER ENERGY DRINKS

NOR SPORTS DRINKS

THEN WHAT ???

WHAT ???????

???

Page 27: Crescent Pure Business School Case Study

ORGANIC

BEVERAGES

Page 28: Crescent Pure Business School Case Study

COULD PDB EXPLOIT CR ESCENT BROAD APPEAL WITH

POSITIONING THAT FOC USED ON HEALTH, WELLNESS AND

NATURAL INGREDIENTS ???

1. There are different attributes such as refreshing taste, mild energy boost, hydration and organic ingredients which gave a broader appeal

2. By limiting its positioning to one or two of these attributes PDB might risk losing many customers

3. There are no health risks associated with organic beverages

4. Crescent has better properties to fit into the organic section

Page 29: Crescent Pure Business School Case Study

History Ingredients Crescent Consumer Study Description Of Crescent Key Findings Positioning Strategy Energy Drinks Sport Drinks Organic Beverages

Page 30: Crescent Pure Business School Case Study

DISCLAIMER

Created by Shivahari Suthan T M, PSG College of Technology during a marketing internship, by Prof. Sameer Mathur, IIM Lucknow