mm1_casestudy_snapple
TRANSCRIPT
Case Analysis: SnappleMarketing Management 1
AgendaAgenda Objective
Case Background
What went right…
What went wrong…
Problems
Different Feasible Solutions
Key Learning
ObjectiveObjective To understand what went right for Snapple during the glory
days
To understand the problems faced during Mergers & Acquisitions
To develop feasible solutions for Snapple to build back the brand
To accumulate learning from the case for future
Case BackgroundCase Background Snapple was founded by Arnie Greenber, Leonard Marsh
and Hyman Golden in 1972
After developing the brand and taking Sales to $674 million they sold it to Quaker for $1.7 billion
Quaker tried to consolidate Snapple with their brand of Gatorade
After sales tumbled to $440 million, Quaker sold the brand to Triarc Companies
Mike Weinstein of Triarc companies was given the responsibility of rebuilding the brand image for Snapple
What went Right…What went Right… Snapple was a “100% Natural” juice brand and had a first
mover advantage over competition
Use of outsourcing right from the start for their own advantage
Continuous tapping of newer markets with various new line of products
Innovative distribution network building loyalty towards the brand
“100% Natural” became the pillar of the organizational thought process
Innovative advertisement
What went Wrong…What went Wrong… Quaker tried to revive the brand image of Snapple from a
fashion brand to a life style brand
Quaker tried to merge the distribution network of Snapple with Gatorade affecting the inherent strength of the brand
Quaker played with the product design which was unaccepted by the consumers
Quaker disrespected Snapple’s culture making changes which had negative impacts
ProblemsProblems Snapple has lost the brand image in the market
Dissatisfied distributors
Unfavorable product design
Market alienation with the customers
Different Feasible Different Feasible SolutionsSolutions
Get back to basics while keeping in mind the changed demographics of the market
Multi pronged approach – Packaging - After due market research package the product
as per the current trend Distribution - Leverage the old hierarchy of distribution network Flavors - Along with the classic flavors new line of flavors as per
the current market wants Promotion - Bring back the brand association with the
common man Culture - Bring back old values / faces along with new faces who
believe in the Snapple culture
Key LearningKey Learning What works for one doesn’t work for all
Important to keep individuality of brands intact
Sudden changes to a strategy is not desirable
It is difficult to build a brand but easy to destroy it
Thank You….Thank You….
Team MembersTeam Members Pushpinder Singh 2010168
Ravi Mittal 2010176
Rishab Maheshwari 2010179
Robin Simon 2010183
Roshat Adnani 2010190
Sajal Aggarwal 2010196