Market Research : Differential Marketing

d. Demographics (what is the industry’s focus customer) Another significant trend is product marketing and packaging. Realizing that consumers cite taste, quality, and purity as the top reasons for drinking bottled water, bottlers market and design bottles to display their purity. Other manufacturers seek to carve out a new level in the bottled water industry introducing high-end products. Another packaging trend in the bottled water industry is multi-packs. As current bottled water consumption grows, more consumers are turning to multi-packs to save time and money.

The product will appear custom made for the market segment that we have mentioned. The next step will involve carrying out advertisements, with proper marketing, ad’s, local coupons and advertisements everywhere that sells a soda. The advertisements should be mostly in fashion and entertainment magazines, not to mention facebook advertisements and other social outlets that have pop up ad’s. This is because most of our target clients prefer such magazines as opposed to Wall Street Journal. The next step will involve positioning the product in the market. Customers should be able to access the product with ease and convience. The products should be stocked in shopping malls and departmental stores in the market. Better yet lets construct an

This marketing plan has been designed after a keen analysis of the market and examinations of the marketing research so as to develop products, which satisfy the market needs. The mission of the company is inspiring others through the brands offered. Secondly, the company has an objective of making a difference in the market through the creation of value centered products. The product being marketed is the Waters Bottling Company’s soft drinks.

Through Barnett and Gleick’s work, it is concluded that bottled water became popular due to the misleading advertising and pseudoscientific ideas, which targeted the eyes and emotions of the population; this simple trick allowed bottling companies to make a huge profit. As a sub-claim, Barnett illustrates how false advertising in labels attracts the population and plays a major role in the creation of the grandiose image of bottled water. Gleick’s grounds further expand and support Barnett’s sub-claim, however Gleick leans

As I reflect back over these last five weeks I now have a clearer view of marketing and how it affects not just the consumers of the world and the companies with their marketing managers, but how it affects me. Yes, I am a consumer who clips coupons, budgets my finances, and looks for sale items and this marketing class has taught me that marketing is more than selling or advertising. Marketing managers have a difficult job, as marketing involves identifying, meeting and satisfying the needs of customers or clients with goods and or services. Coming up with different strategies and marketing mixes is challenging because we live in a changing world with people who needs and financial situations are different. Yet still marketing engulfs every part of our daily lives. From what type of breakfast we eat, to where we shop, and even in our work environment. As I examine marketing, I will blend aspect to my career path as I make myself marketable for the future and aid my employer in the growth and survival in the economy.

Kelly Kretz is the marketing manager of Vincor’s refreshment business in Canada. In October of 2005, she is faced with demands of various new product launches. Not only does she have to manage the leading cooler brand portfolio, but also work on Project Twist. The gist of this project entails launching a new alcoholic beverage to the refreshment market. Deciding on the product characteristics, positioning, branding, packaging and distribution strategy is what follows next.

SodaStream has been working hard for the last year, reformulating and developing some exciting new products. Alongside the rebranding, it has incredible marketing strategies to cater the growing demand of health conscious customers. The flavors will be categorized as Waters Fruits, Zero Waters, Sparkling Gourmet, Fountain Style, and Waters Plus. This launch of flavored waters, with no calories and others with added fibers and vitamins will target specific consumer segments which will contribute towards increased margins. However, the initial launch for the new flavor units will take place in

We wanted to be able to give more pizzazz to the drink by including words like “refreshing”; So buyers won’t miss out a “drink of a lifetime”. This technique is called glittering generalities, which is a way to get buyers to see “good” labels displaying how the product is presented in a positive way. Finally, we chose to include in the top left corner of the poster a pile of red cans near a trash can. In the article, “Marketers and Mean Girls” Brandwashed conducted a poll stating that “112,000 teenagers in thirty countries, just under half of all teenagers factor in the brand when making purchase decisions, with Nike, Lacoste, Adidas, Sony, and Apple being the most popular among the boys, and Zara, H&M, and Roxy among the girls” (Lindstrom 2). We wanted to give the impression that the other brand of coconut water weren’t popular and so buyers shouldn’t buy a product that isn’t

As with any company we are always trying to improve our product and develop new product lines. Our research team currently is developing a new product line: flavored water with all natural ingredients. We are also developing a delivery service of our water. Our bottle design team has finished a 5 liter design that will be fitted to a water dispensing unit. These units will be rented to office buildings and houses for a very low cost per month. We will stop production on the 2 liter bottle. The machinery that was manufacturing the two liter will start producing the 5 liter bottles. We are also investigating doing a cross promotion with local area dealers who have their coffee machines placed in office buildings. We have proposed to these companies’s let us supply the water for your product. We are in the process of find dealers who only deal with high quality coffee. We don’t want our name to be tarnished.

The major challenge for bottled water brands is product differentiation, in an extremely homogeneous market. USP, product innovation, bottle design and of course, price, all play a major factor in the success of a company.

Describe the target market for this bottled water. How does bottled water create value for target market consumers?

In a remote area of the rainforest, there is an artesian aquifer that produces the water. A state of the art bottling facility is located right on top of the aquifer and draws the water up, protecting its purity and soft taste. In my opinion once the general public becomes more aware of the intricacies affiliated with Fiji water and how it is preserved and bottled further sales will follow. Additionally, the upper and upper middle class feel that the water given its isolation and quality processing add to their success persona. This could be affiliated with Target Marketing. Target Market is a set of buyers sharing common needs or characteristics that the company decides to serve. Fiji uses social marketing by highlighting the all natural process. Fiji promotes that the water is good for your overall health to include strengthening your bones, connective tissue, teeth, skin, and hair. Social marketing is the use of commercial marketing concepts and tools in programs designed to influence individual behavior to improve their well being and that of society. The brand name of Fiji is being associated with some of the finer things in life. Some of the more affluent retreats and restaurants are serving Fiji bottled water because of its brand. Branding Equity is utilized in this form of marketing. Brand Equity is the positive differential effect that knowing the brand name has on customer response to the product or service. The retreats and restaurants

Furthermore, the product lines for its water business were developed around customer type and lifestyle. For instance, Propel was targeted towards the physically active consumers while Life Water was targeted towards image-driven consumers.

The company will conduct marketing strategies that aim at creating an image for the brand in the minds of the consumers and reminding them customers about their products consistently.

A lack of experience in business-to-consumer marketing is apparent in Soren’s current communications to end-users. This market, unlike the market for commercial-use chemicals, emphasizes the use of clarifiers to ensure “perceived cleanliness” and clarity of water. The consumer market also appears to be minimally price-sensitive, as communications regarding annual savings are relatively ineffective in increasing sales of Coracle. Soren’s marketing efforts in the first half do not fall in line with the demands of their new customer. A pull strategy would involve adjusting communications to speak more directly to the very different concerns that pool owners and service