1. For this assignment, I have chosen the Gatorade Thirst Quencher Powder.
2. Gatorade is the company that makes this product. The philosophy of this company is to provide hydration to the body. Their push is to target athletes or people that are training to choose this beverage of as a source to replenish their electrolytes and gain energy. By doing so, that person can continue to train at a higher level making them more efficient.
Corporate Strategy
Scope- This company is in the business of providing a beverage targeted towards athletes. To expand their business and contractual relationships with several organizations.
Goals- The company is developing and expanding their product line to provide new ways to support athletes whether
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Their business strategy is to be the main source health training needs as the company continues to expand.
Goals- Gatorade was to continue to create new products that will generate new and become an additional sales growth for the company. By doing so, it will continue to build on their competitive advantage.
Resources- Gatorade are allocated to the innovation of their upcoming product line.
Competitive advantage- The business has contracted several popular athletes to endorse their products.
The Thirst Quench Powder is a popular product among their product line. It is an essential role player in what the company’s philosophy stands for which makes this product a fit. The product is widely used by teams or groups that are looking to hydrate multiple in a setting or to make a larger quantity of this solution. After looking at the corporate strategy, this product fits into the main components of the strategy. It fits into what type of business Gatorade is in and completely assist achieving the goals of the company of increasing revenue growth
3. According their website, the story of how of the company was developed also gave evidence of how effective the product is. This company has been around for 44 years. The reputation of the company will be very hard to compete with and definitely cannot duplicated. One of the top competitors,
Gatorade is a flagship brand of PepsiCo and has a commanding 75% market share of the sports nutrition beverage marketplace globally, being sold into 80 different countries according to the latest PepsiCo annual report published in late 2011. Gatorade's success in branding and product marketing has actually expanded the global market for sports nutrition beverages during the late 1990s and into the 21rst century. Recently however the company has faced many channels including product line extensions of the last decade which failed to deliver strong results (Pollack, 1997) and a more critical analysis of their ingredients as many of their beverages are sold in public schools (Tallon, 2009). Despite these challenges however, Gatorade continues to experience strong market share and growth. The intent of this analysis is to evaluate and provide recommendations for each of the four areas of the marketing mix including product, price, promotion and place or distribution.
Profitability. The company strategy is to target only 25-45 years for specialist sportswear products, but a lot of
As you watch the Gatorade commercial you notice that Gatorade wasn’t only promoting hard work and dedication, but they were also promoting hydration, strength, power, and energy. Dedication is shown by waking up early in the morning, going for your daily jog or walk, while others are still sleeping. Staying hydrated helps the body keep moving and fully functional. Gatorade shows the importance of hydration by athletes taking breaks between workouts. Hydration also reduces the risk of cramps and soreness. Gatorade promotes energy by showing, before eating a Gatorade chewy the athlete did not have the energy he needed to start his morning run or weight lift. However, after eating the chewy they instantly gained energy. Power is symbolized by the lightning bolt, which
Gatorade is a company that has been making sports drinks since 1965. In 2001, they eventually branched off into making other sports nutrition products like energy drinks, energy bars, and nutrition shakes. Some of the company’s newest products include energy fruit chews. Gatorade advertisements reach millions of Americans every day, which undoubtedly increases their sales. My analysis will focus on a Gatorade ad featuring Dwayne Wade.
Gatorade is a company that manufactures sports nutrition products, and they usually have different athletes
PepsiCo has 6 divisions, North American Beverages, Frito-Lay North America, Quaker foods North America, Latin America, Europe Sub-Saharan Africa, and Asia, Middle East, North Africa. Gatorade falls into the North American Beverages division. Within Gatorades brand name there are a few product lines, The G-Series, Endurance, and Equipment lines. The sports drink is part of the G-series which is based on three steps, prime, perform, and recover and is part of the perform step.
However the commercial shows that gatorade is a critical part to success. As long as you work hard and of course, consume their products which not only leads to hydration, but also prepares you to work harder, you will me more like a professional athlete. The method that the Gatorade commercial uses is very simple but very effective. This method is using big names in sports such as Lebron James, Richard Sherman, and others in commercials that air during sporting events. The reason why this tactic is so effective is because the audience that Gatorade is targeting is watching a commercial during a break from an NBA game. All Gatorade has to do then is air a commercial about basketball and they have the watcher’s
Your Gatorade is great but, there are a few things wrong. Our stuff doesn't really assemble people more energetic or alive it like kool-aid. It tastes OK, but it doesn't really wake you up or involve keep well for a few minutes does but, that is the sugar. I have done some research and here is what I come up with.So what else is inside a serving of Gatorade? For starters, a single serving of Gatorade contains 14 grams of sugar. This isn't the simple table sweetener you are familiar with but, a potent mix of heavily refined sucrose grenadine, think liquefied empty calories, and glucose-fructose. Awarding to modern statistics, Americans already use 2.5 pounds of sugar weekly. Diseases, including conditions of the heart, joints, bone, brain, blood,
Gatorade was originally produced in 1965 by a team of researchers at the sports laboratory of the University of Florida while trying to discover why players were getting sick after competing. The name Gatorade originates from the drink being tested on the 1965 Florida Gators football team. In the 1970’s Stokely-Van Camp agreed to produce, market, and distribute Gatorade. The Gatorade brand was purchased by the Quaker Oats Company in 1983, which, in turn, was bought by PepsiCo in 2001. Gatorade products were made available for sale in more than 80 countries as of 2010, and are PepsiCo 's 4th-largest brand, on a worldwide scale. According to “Gatorade Heritage” (2014), they determined “the fluids and electrolytes the players lost through sweat were not being replaced, and the large amounts of carbohydrates the players’ bodies used for energy were not being replenished.” The researchers decided to formulate a drink that would replenish the body of athletes. Since the making of the beverage, Gatorade has improved their drinks and added new products such as powders, protein bars, gum, and energy chews. Today we bring you a new product: frozen ice on a stick. In this proposal we will describe the product in detail, conduct an analysis, discuss and determine our target market, their needs,
The major reason anyone drinks fluid before, during and after physical activity is to replace the water that is lost through sweat. If the water isn't replaced dehydration will occur and performance will be hampered. The purpose of sports drinks is to help rehydrate your body quickly and help improve performance and productivity. This is accomplished through a well-balanced mix of water, sugar (carbohydrates) and salts (electrolytes), the major ingredients in most sports drinks. These ingredients, combined with a variety of fruit flavours, create pleasant tasting drinks that, according to the companies, are suppose to help your athletic performance. Results prove that commercial sport drinks generally accomplish what they set out to do.
The company I am presenting is Nike which was founded in 1965 by the athlete Phil Knight. Nike is a well known brand which is selling its products worldwide and has 36% of the market share.
Of equal noteworthiness is the competition within the sport drink market. As a potential segment that Crescent could enter, it is vital to realize that the market is primarily controlled by two firms, Gleam and Drip, who hold 73% and 21% of all purchases made. The growth of the market leaves much to be desired however, as it showed only marginal improvements over the years. The projected growth of this segment is only 3.28
The highest percentage of the company sale is as a result of making impulse purchases; hence this requires a good point of sale support team. The market is very competitive. There are a couple of competitors that offer the same products as Gatorade, for example, MW, M.I.T and A.U.I. The experience that the firm has in the
The intent of this analysis is to evaluate what the Gatorade brand means in today's market, how it has evolved over time, and which target markets the company is considering today. Competitors to Gatorade are also assessed.