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Innocent Smoothies

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Introduction to Marketing Assignment: Innocent Smoothies Contents page Introduction/Background... Page 3 External (MACRO) Environment... Page 4, 5, 6 Segmentation, Targeting and Positioning... Page 7, 8 The Marketing Mix... Page 9, 10 Appendices Appendix A.. Page 11, 12 Appendix B... Page 13, 14 Bibliography ... Page15, 16 Introduction/Background Innocent Drinks is a UK based company founded in 1999 whose primary business is producing smoothies. The three college friends Richard Reed, Adam Balon and Jon Wright were the ones who came out with the idea; they were just three graduate students from Cambridge University who were working at advertising and consulting …show more content…

PEST analysis on innocent smoothies Now that we have some understanding on the pest analysis, I am going to link it to Innocent smoothies. Political Innocent smoothies had sold a £30m stake to Coca-Cola and then have hired PricewaterhouseCoopers (PwC) to lodge an application for a tribunal hearing to argue that its smoothies should be exempt from VAT charges. Innocent lost their fight over VAT charge on smoothies, but not on raw fruit. The company claimed it was unfair that the government charges 17.5% VAT on innocents 100% fruit juice smoothies. Innocent smoothies donate 10% of their profits each year to charity, primarily to the innocent foundation, which funds rural development projects in the countries where their fruits comes from. Set up by innocent in 2004, the foundation 's vision is to build sustainable futures for the world 's poorest people. (www.telegrapgh.co.uk). Economical Between 2007 and 2009 innocents sales plunged by 29%, and prices were slashed. It was easy to blame the economic downturn for Innocent’s recent sales decline, but during the downturn many other premium health brands actually grew their sales by 20%-30% even as Innocent’s fell. Innocent has been working with Coca-cola since the US group took an initial 18% stake in the business in 2009. The latest deal by Coca cola has been largely due to the disposal of shares by one of the original investors in

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