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Page 1: Finalppt
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WHAT IS VITAMINWATER?

• Combined distilled water with vitamins, herbs and flavors

• Vitaminwater ZERO: naturally sweetened 10 calorie alternative

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COMPANY HISTORY:

• 1996: J Darius Bikoff founded Energy Brands

• Energy Brands also known as Glaceau privately owned subsidiary of Coca-Cola

• 2007: Bikoff agreed to sell to Coca-Cola for 1.4 billion.

• Bikoff still manages vitaminwater with a agreement.

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THE 4 P’S

• PRODUCT : Vitamin enhanced fruit water

• PRICE : ranging around $2 for a 20oz bottle

• PROMOTION : Sponsorship deals, events, word of mouth, cinema, commercials, radio, internet, print media and billboards

• PLACE : Grocery stores, gas stations, vending machines, supermarkets

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CURRENT TARGET MARKET

• Young “hip” consumers• Generation Y, Generation Next, Echo

Boomers:– Birthdates ranges from 1970’s 2000’s

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CURRENT PROMOTIONAL STRATEGY

• “Hydration for every Occasion”• Targeted towards a younger generation

• Teens/20 something's• Party goers, college kids

• Bright, Electrifying colors• “Uncapped”

• Events for local Artists, Fashion Designers, action sports, musicians

• Dallas Fashion Event

• Catchy Advertisements• “Hangover” commercial

• Celebrity Endorsements/Flavors• 50 Cent• Kelly Clarkson

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S.W.O.T ANYALSISStrengths• Owned by Coca-

Cola• Successful

Marketing Techniques

• Financially Stable• Knows their

Customer• Celebrity

Endorsements• Trends • Established

Weaknesses:• Narrow target

market• Brand not old

enough to have “long term loyal customers”

Opportunity:• Expansion• Population is

growing and living longer

• Target towards an older more mature generation

Threats:• Competitive

Brands• Price• Negative thought

on nutrition

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Taste

Health Conscious

Low

C

ost

Hig

h

Cost

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NEW PROMOTIONAL TATICS

• ADD to current target market• Target a different market– “Baby Boomers”• 2 TRILLION OF SPENDING

POWER

– Generation X

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NEW CHANGES

• Expand the target market to a more mature segment within the marketplace.– New packaging– Additional celebrity endorsements

• Betty White & Oprah – Collaboration with existing endorsements

– Emphasize on young parents, active adults, businessmen & women • Catchy phrases

– “Super Mom” – “Your personal assistant”

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LOGISTICS OF NEW PROMOTION STRATEGIES

• Changing the packaging means changing the logistics of certain products– Routing the products targeted towards

parents to grocery stores and local markets• Mothers, fathers and business men and

women

– Routing the bottles targeted towards the mature athlete to fitness centers and country clubs• Golfers, tennis players and socialites

– VitaminWater Zero

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NEW PROMOTION STRATIGIES

• New Slogan• Packaging • Magazine Ads • TV Commercials• Billboard Ads• Action against Hunger

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NEW COMPANY SLOGAN

HYDRATION FOR EVERY GENERATION

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NEW PACKAGING

• 3 types of packaging– New larger bottle, same size bottle, Vitamin

Water Pouch– Same labeling, “Hydration for every

generation” added

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MAGAZINE ADS

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BILLBOARD

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TV COMMERICAL

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PRINT AD & BILLBOARD

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ACTION AGAINST HUNGER

•Vitamin water gives back• More community service

efforts• 10% of each sale goes to

charity• Partner with Action Against

Hunger• Non-profit organization that

focuses on malnutrition• Emphasizes on mothers as well as

children• Raise awareness by posting on

packaging and print ads

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EVALUATION: PRETESTING

• Online survey:– Distributed through Facebook, with

incentive for a free bottle of Vitaminwater after taken.

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EVALUATION: PRETESTING

1. In which age group do you belong to?

13-18 19-25 26-35 36-45 46-55 55 & older

2. How often do you drink each of the following beverages:

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EVALUATION: PRETESTING

• Consumer Jury50-100 people are selected to be interviewed. (Choosing people primarily within our new target market is ideal) Interviewed about sample advertisements and their preferences.

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• Which of the following celebrities would you most like to see in a VitaminWater advertisement?

• Which font type is the most appealing to you?

Comic Sans Gothic CopperplateTimes Impact Edwardian

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EVALUATION: POSTTESTING

• Hiring a media research company such as Simmons Market Research Bureau

SMRB offers information covering:1. Usage and consumption patterns2. Where sales are the lowest on many scales

Ex: Geographically3. They also show how different companies have fixed problems in the past.

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QUIZ!

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QUESTION ONE

1. WHO INVENTED VITAMINWATER?A. SMARTWATERB. DARIUS BIKOFFC. COCA-COLAD. ENERGY BRANDS

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QUESTION TWO

2. WHO CURRENTLY OWNS VITAMINWATER?A. ENERGY BRANDSB. SMARTWATERC. VITAMINWATERD. COCA-COLA

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QUESTION THREE

3. WHO IS VITAMINWATER’S CURRENT TARGET MARKET?1. GENERATION Y2. GENERATION X3. BABY BOOMERS4. EVERYBODY

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QUESTION FOUR

4. WHAT SLOGAN IS USED FOR THE NEW PROMOTIONAL STRATGEY?1. HYDRATION FOR EVERY OCCASION 2. HYDRATION HYDRATION HYDRATION3. HYDRATION FOR EVERY GENERATION4. HYDRATION… IT WORKS

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REFERENCES• http://www.sassfrosh.com/img/vitaminwater-try-it-jpeg.jpg• http://www.google.com/imgres?

q=vitaminwater&um=1&hl=en&client=safari&sa=N&rls=en&biw=1064&bih=599&tbm=isch&tbnid=scaw81F_uuvroM:&imgrefurl=http://www.savingwithshellie.com/bogo-vitamin-water-coupon/&docid=VeLHZ7f8MuAWmM&imgurl=http://www.savingwithshellie.com/wp-content/uploads/2011/01/Vitaminwater.jpg&w=2303&h=827&ei=zojVTv6rG6T1sQKh8rGnDw&zoom=1&iact=hc&vpx=342&vpy=208&dur=103&hovh=134&hovw=375&tx=169&ty=90&sig=100633682074128001612&page=1&tbnh=51&tbnw=143&start=0&ndsp=18&ved=1t:429,r:2,s:0

• http://salmankhan7.files.wordpress.com/2008/07/coca-cola_logo5.jp

• http://www.sobabyboomer.com/2011/01/boomers-have-2-trillion-of-spending-power.html