Xs Energy Drink Marketing Plan

5453 Words Oct 25th, 2013 22 Pages
XS Energy
Marketing Plan
Erin Moller
Bryant Johnson
Sam Kunjummen
Megan Victorson

Bryant Johnson Erin Moller Sam Kunjummen Megan Victorson
University of Minnesota-Duluth

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TABLE OF CONTENTS
Executive Business Summary 1
Mission Statement
History of XS Energy
Growth of the Business
Market Potential
PRODUCTS 2
13 Flavors of XS Energy Drinks
Situational Analysis 3
Internal Strengths and Weaknesses
External Opportunities and Threats
MARKET ANALYSIS 4
Target Market Identification
Market Demographics
Product Market Grid
MARKETING STRATEGIES 5
Product Strategy
Price Strategy
Promotion Strategy
Distribution Strategy

FINANCIAL SUMMARY 6
Cost
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Over 55,000 cases were sold within the first three weeks of distributing through IBO’s. According to BevNET, within the first year of business with Quixtar, XS Energy Drink became the second best selling energy drink in North America. They have shown their potential to make a bold statement in a constantly growing market, not only in the U.S., but also in world markets.
January 2003 – XS launches in Canada
January 2004 – XS launches in Australia and New Zealand
January 2005 – XS launches in United Kingdom
Growth of the Business Within the first year, XS Energy did over $51 million in revenue, over $70 million in the second year, and by the third year they had made more than $90 million in revenue. Usually in the growth stage of the business, revenues are fairly low because of production costs, but since this market has such high demand XS Energy had no problem attaining large revenues. According to current reports from the company, IBO’s sell approximately one million cans every six days, which is quite a leap from the 660,000 that were sold in the first three weeks (XSBlast.com). XS Energy understands the need for varying products and tries to keep up with their consumers by creating a new flavor every 6 to 12 months. Their latest flavor is XS Gold, which is not only a new flavor, but also a new category of drinks for XS. Reported sales in 2007 were…