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Food And Drink Industry Analysis Paper

Decent Essays

Today in the world of modernism, it is extremely common for individuals to require an extra boost in order to be able to stay energized throughout their work or school day. Some people consume energy drinks, and others require a cup of coffee every morning. For most people, they simply do not have the time to drink a cup of coffee out of a mug at home where they can't take it along with them. That is why it is essential for the public to have a portable coffee mug. For the marketing assignment, the product category that will be highlighted in this paper is a cup, more specifically, a traveling coffee mug, why this product was chosen, the history of cups and traveling coffee mugs, and three famous traveling coffee mug companies and why they …show more content…

This makes it more convenient for those who travel using bikes or backpacks often; it allows them to be able to accomplish other tasks without having to hold their traveling coffee mug. This convenience causes great customer satisfaction; however, the product being marketed off for this project will be more convent due to the fact that it will keep the traveling coffee cup warm at all times and it is a portable cup. To conclude, Contigo is yet another great competitor as a result of its high quality product and how it adds even more convenience to the traveling coffee cup. (GearPatrol, 2013). The final competitor of the traveling coffee cup that will be marketed for this project is the company called Thermos. Thermos is yet another famous traveling coffee mug brand. One of Thermos' highly rated traveling coffee mugs, their 14-ounce mug, is a great choice for multiple reasons. It's a well sized cup, it has a rubber middle and handle so it's harder to get burned when picking it up, holds cool drinks and most importantly, it keeps the content of the cup on the inside warm, (GearPatrol, 2013). This makes the Thermos an obviously large part of the competition; however, the product that is going to be showcased will have more risk taking opportunities verses the Thermos. Thermos is a great company that is known for their various functions of their coffee cups; however, there are ways for this company to be overpowered. Starbucks, Contigo, and Thermos are powerful competitors against the product being marketed off in this project, but there are opportunities and marketing strategies to achieve higher

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