The purpose behind the invention of powered alcohol is for consumers to have an alternative to carrying alcohol bottles. Powered Alcohol also known as Palcohol is a lightweight product that does not spill which makes easier to carry around. This makes it the perfect product for legally age drinking adults who like to travel, go hiking, and camping. The product will be presented to consumers as “On the GO Cocktail Mix.” The brand “On the Go Cocktail Mix” advertises on its packaging “On the Go” which gives consumers the idea of having to product available anywhere they go. The following marketing report will discuss how powdered alcohol would be an alternative to carrying liquid alcohol. It will also elaborate on marketing strategies, market segmentation, environmental and social responsibilities, ethical issues, global marketing and the internet.
Marketing Mix
Product:
The alcohol comes in a powdered form, which make it more compact. Being compact makes it easier to take on the go. The product can fit in a small zipper pouch of a hiking, camping or outdoor backpack. The product is also easier to take for outdoor activities like camping, hiking and also traveling. The powered alcohol contains the same or less amount of alcohol volume as a standard liquid mix drink. The product is lighter in weight compared to a liquid bottle of alcohol. This will make it easier for legally age drinking adults to carry around the product. There would be no need for consumers to carry
Only one thing matters more than a liquid refreshment, getting a fresh breath of air. But liquids, unlike air, are more than just necessities for life. A simple drink that was used just to quench a thirst had the possibilities of being a political stimulant, economic sparker, and a cultural infuser. Tom Standage decides to magnify the microscopic drops of history that had seemed to slip our minds so easily as just a thirst quencher. Whenever someone picks up a nice cold glass of one of these drinks, they should know the history of it.
1. All beverages are dangerous when consumed in large quantities. In the late eighties and early nineties, a beverage named Cisco came under scrutiny when many individuals succumbed to alcohol poisoning after imbibing the fruity alcoholic beverage. It was packaged in a fashion that some claimed to look like wine coolers. Nonetheless, the Canandaigua Wine Company, the manufacturer of Cisco, settled with the Federal Trade Commission to change the shape and color of the bottle and give a strong reference that Cisco is not a single serve beverage (http://www.ftc.gov/opa/predawn/F93/cisco.txt). This is a situation where Caveat Emptor is appropriate. Manufacturers often mimic
Using clever and borderline juvenile material Bud Light has seen much success in their targeted consumers in American males of the ages 18-49. With great success we believe Bud Light has the potential to increase its reach and share by advancing marketing opportunities to females and exploiting their other product lines. In doing so Bud Light must take a different approach from its perceived masculinity to an all-around and more suitable approach to our female audience.
Two groups, one group for academic setting and one for the relaxed setting of 10 university students will be used in this 2 by 2 design. The students will be offered a credit within one of their third year marketing courses, while ensuring they are legal drinking age to participate within this study. There will be two sets of this type of study, one for a negative drinking and driving advertisement and another for a positive drinking and driving advertisement (see appendices 1 and 2). The four different groups will be taken to the setting, where a negative or positive advertisement will be shown. Then, the students will be asked to causally consume 1 to 2 alcoholic beverages with the advertisements still in sight within the setting. The students will then be asked a few questions regarding if they decide to drink and proceed to drive home or find a safer alternative to make it home.
The learning team has decided to develop a product launch plan for the Apocalypse Now bar and Agent Orange mixed drink, with accompanying apparel, in both the Korean and Philippines markets. This product launch plan will address the product description, product positioning, targeting, market needs, market growth potential, a complete SWOT analysis, coverage of the competition, marketing strategy, pricing plan, marketing communications plan, distribution strategy, and a review of all the marketing research conducted. The product launch plan starts with a product description.
What could six of the most popular drinks have to do with the history of our world? According to Tom Standage, a creative non-fiction writer, they have shaped everything. As an editor for The Economist and author of several magnificent historical works, Standage obviously has the knowledge and creativity required to relate drinks to history. In A History of the World in Six Glasses, Standage clearly and descriptively singles out six popular drinks- beer, wine, spirits, coffee, tea, and cola- that forced the shape of the modern world. The book discusses how different drinks have come to prominence in different times, places, and cultures allowing the readers to be captivated by what they are reading. The complex yet simple nature of the book
could be geared towards females in an attempt to capture drinkers of Coca Cola’s Tab. In addition, males’ ages 35 to 54 consume energy beverages at a rate slightly lower than males under age 24. An energy beverage with similar stimulant effects as most energy drinks but has other health benefits (i.e. Vitamin Water, Odwalla, Naked) could also attract the abovementioned consumers.
In 1998, entrepreneur and MBA Guillaume Cuvelier was preparing for the launch of his new distilled spirit, Svedka Vodka. Cuvelier has decided to start a vodka company after working many years in the spirits industry. Vodka makes up a large share of the spirits American’s drink at 24% of all alcohol consumed (Zuckerman). Vodka consumption is also rising across the US. Svedka is going to be a newcomer in the vodka marketplace going up against many big opponents in products such as Smirnoff, Grey Goose, Stolichnya and Absolut. Cuvelier’s Svedka has gotten rave reviews from many critics for its quality, so a successful marketing campaign will not depend much
The Gatorade Company is mainly concerned with the manufacture and distribution of sporting equipment for commercial and domestic uses based on their knowledge of the best industry practices for the production of sporting equipment. The primary agenda of this market plan is for it to work as a strategy to guide the company on how to supply the customers of Gatorade with quality yet affordable products. This brand of sporting equipment will be produced and supplied in many different designs and colors that will be appropriate for both genders. Approximately half of the clients of the Gatorade brand, range between the ages of 18-34.These clients are ardent customers as they make the most purchases and are the company’s primary target. Gatorade sporting equipment are purchased more by those who dwell in the Northeast regions and Midwestern parts of the United States. This market plan focusses on the introduction of a range of Gatorade environmentally friendly brand of sporting equipment into the United States market.
In Brazil, there is not as much of a market for energy drinks as there is in places like the United States. Still, introducing 5-hour energy shots to Brazil could cause the desire for energy drinks to grow in that country. That would open up an entirely new market for energy drinks that could make millions or even billions of dollars for companies that manufacture energy drinks throughout the world. In order to clearly understand how marketing will take place in Brazil and the issues that must be addressed, there are four specific areas that will be considered here. These will be the social-cultural environment of Brazil, the economic environment, the political environment, and the technological environment. Since all of those areas play a role in how an energy drink could be marketed and how much success it might have, they all must be discussed before any decisions are made.
In developing the concept for the product, we thought of many factors that effect alcohol drinkers of all kinds (of legal age, of course). We were going to provide a service to all those drinkers who love to sit back at home and drink bar quality beverages without trying to make it themselves. It would be less time consuming because someone will be making it for you. All drink makers will be licensed bartenders with certificates posted. The menu will attract to college, older adults, and even newly turned 21 year-olds who want to try different kinds of beverages. The store will have an in-store menu with take home menus available.
In conclusion, Diageo had successfully adapted to African buyer behavior, but at the other hand they aggressive approach has eminent risk cannibalize their Guinness (beer) products. Although Diageo, Pernod Ricard and other international spirits companies operating in Africa all run responsible-drinking programs and say their products should be consumed in moderation. We all know the risks are high in Alcohol abuse and its negative
This is why we decided to focus on the second level of the energy beverages, their name and package. (www.learnmarketing.net/product.htm, 14/09/2004)
PepsiCo has the potential to encourage consumers into drinking water and eating healthier snacks that they promote. Bottled water is rising and it is a healthy substitute to sugared drinks. Restaurants, clubs and venues are using their beverage to make special drinks. This is where alcohol industries gains more profit to their company. However, with the ability to adjust customer’s demands with new and appealing products it can dominate to success.