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Marketing Management

Good Essays

Executive Summary:

After comprehensive research into the beer market specifically focusing on the four beer brands Little Creatures, Heineken, Budweiser and Victoria Bitter, our group propose the introduction of a new product into the Little Creatures product line. Similar to Heineken, we believe Little Creatures would benefit from the introduction of a Bright Ale keg. This line extension would promote bulk buying of Little Creatures beer and expand their cultural persona by encouraging community gatherings. Which is perfectly aligned with the ethos they have built to date. The sharing of what is one of their premium beers would further attract potential customers through this social networking focal point.

Total Product Concept …show more content…

This increased level of innovation will probably increase in the future to keep up with future digital media trends. Little Creatures could further benefit from, as Heineken has recently done, the introduction of a Bright Ale keg. This alternative product would provide for a more communal drinking experience and attract future customers through this more social product. They could include a rewards program linked to the number of kegs sold maybe offering a discount at the restaurant or free trip around the brewery.
Budweiser has seen a move away from merely being a national American beer, being one of the world’s most popular beers Budweiser has been forced to target a more international mass market with a more innovative, creative advertisement approach. Finally in recent years there has been a huge surge in social networking sites holding advertisement campaigns throughout their pages. All of these brands would benefit from tapping into these growing consumer bases.

Branding A brand is defined as “a collection of symbols, such as name, logo, slogan and design that are intended to create an image in the customer’s mind that differentiates a product from competitors’ products” (Elliot, Rundle-Thiele & Waller, 2010, p.219). This makes the process of branding integral to the success of any given product in a market place

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