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Vincor Project Twist

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Vincor: Project Twist
Table of Contents Problem statement 3 Situation analysis 3 Objectives and goals: 3 Background and forecast: 3 S.W.O.T. analysis: 3 Strengths: 3 Weaknesses: 4 Opportunities: 4 Threats: 4 Market analysis: 4 Segmentation analysis: 5 Competition analysis: 5 Case Keys 6 Key success factors: 6 Key uncertainties: 6 Analysis of alternative solutions 7 Recommendation(s) 9 Action plan 10 Exhibits 12 Exhibit 1: Perceptual Map 12 Exhibit 2: Packaging 13 Exhibit 3: Pricing and discounting 15 Exhibit 4: Market segmentation chart 16

Problem statement
Kelly Kretz, Vincor’s Marketing Manager, must decide what type of cooler to launch for the upcoming spring and summer season. Kelly must also consider …show more content…

It is extremely difficult for new products to find success within the first year and even successful products might only be on the shelves for three years.

Positioning (Exhibit 1) * Need cooler product that is differentiated from others in market.
Packaging (Exhibit 2) * Design of carrier, label and bottle are critical to differentiating product.
Pricing (Exhibit 3) * Industry is regulated and the liquor boards have control over mark-ups. * Three levels exist in the market: premium, line priced and low priced.
Distribution
* Regulated by provincial government. * Distributed through province owned stores in all provinces except Alberta, Quebec, and BC where private distributors also exist. * Channel is monopsonistic - customer (liquor board) has tremendous influence over products reaching the shelves.
Promotion
* Need to create a consumer brand badge. * Uniqueness and flavor are key communication elements. * Sales reps secure the best product placement in stores, conducting taste tests in stores and convincing “individual store managers to pull the product from the central buyer.” (Singer, 2008)

Segmentation analysis:
Vincor and other leading brands have been targeting the university age (19-25) demographic. This target market is very “exploratory” and likes to try new things. Other possible segments

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