SlideShare una empresa de Scribd logo
1 de 21
December 2011




GATORADE   GLITE MARKETING PLAN – JAN 1 – DEC 31, 2012




           Group Assignment Mark 1027 | Prasad | Idris | Udit | Noor
Table of Contents:
Marketing Objective                                                  pg3
      SMART Objectives
      Financial and market Share
Segmentation & Target Market Analysis                                pg3
     Target Market
     Targeting Strategy
     Consume Profile
Product Strategy                                                     pg5
      Positioning Strategy
      Positioning Statement
      Point of Difference vs. Competitors
      Brand name & rationale
      Packaging
Price Strategy                                                       pg9
        Retail Price Points
        Comparing potential substitutes
        Internal and External factors
Channel Strategy                                                     pg10
      Distribution Strategy
Promotion (IMC) Strategy                                             pg12
      Target Audience
      Communication Objectives
      Creative Strategy
      Evaluation and Selection of media
Financial Analysis                                                   pg15
       Market Size/Share estimate
       Income Statement
       IMC budget
Implementation and Evaluation                                        pg17
Appendices                                                           pg18
Citation                                                             pg21




      2   Marketing Project |Gatorade | Glite| December 2011 |
Marketing Objective

       To achieve 78% market share (increase by 3%) of the sports drink by December 31,
       2012
       To achieve year one sales revenue CAD $100 million for Glite by December 31, 2012
       To achieve 60% awareness of Glite among the target audience as measured by
       marketing research by December 31, 2012
       To increase in-store capacity and product placement for optimal sales

Segmentation and Target Market Analysis

       Sports Drink (Primary)
       Between 15 – 27 years of Age
       Colleges Students and Young professionals
       Individuals who like working out
           (Due to the nature of their job and busy schedules, they require instant
           replenishment so that they can go on with their day to day activities)
  I.   Geographic Segmentation
               Region           : Canada
               Area Size      : All of Canada (approx 10 million sq km)
               Density        : Urban and Rural
               Climate        : All Season
 II.   Demographic
               Age            : 15- 27 years of age
               Gender         : Male/Female
               Income         : not specific
               Occupation     : College and professionals
               Education      : not applicable
               Race           : not applicable


       3   Marketing Project |Gatorade | Glite| December 2011 |
Home Owner : not applicable
 III.   Psychographic
                Personality    : Young, energetic, enthusiastic
                Lifestyle      : healthy and lead an active lifestyle
 IV.    Behavioral
                Usage Rates    : Regular Basis
                User Status    : Regular User
                Benefits       : Instant Energy, No fatigue, Vitamin and quenches thirst
                Loyalty        : All sports drink and energy drink users

Consumer Profile (Ideal Customer)




        John Doe, 22 year old, young professional is busy throughout the day with his work and
in the evening he is finding out ways to relax but is too tired, he is looking for a drink which is
healthy and will keep him fit for the entire day. He is an adventures kind of person who loves
trekking or cycling during his week off and also prefers regular exercise




        4   Marketing Project |Gatorade | Glite| December 2011 |
Product Strategy

Positioning Strategy
    A. Product Attributes
       -   Tasty (different flavors)
       -   Replenishes energy
       -   Instant energy boost
       -    Rehydration
       -   Cool Design




      5    Marketing Project |Gatorade | Glite| December 2011 |
6   Marketing Project |Gatorade | Glite| December 2011 |
Positioning statement


         “Especially for thirsty individuals and athlete, Glite is a sports beverage that quenches
thirst and enhances performance by replacing fluids and electrolytes lost due to day to day
activities or regular work out”




                                                        Presents




“In a dark room a person hopes for a ray of light, similarly during daily strenuous activities a tired person hope for
instant boost which immediately enhances his strength and kills dehydration. lite here represents that source of energy,
where G is for Gatorade.” (Rationale)



        7    Marketing Project |Gatorade | Glite| December 2011 |
Packaging and Labeling (946ml)




8   Marketing Project |Gatorade | Glite| December 2011 |
Price Strategy


        CAD $2 (approx for three unit) (Completive Pricing - industry average)
        Special offers free one day Gym pass if bought between promotional period
         (until April 2012)
        Introductory pricing CAD $1.50 (for three units) for the first 3 months (competitive
         prices are similar) (Promo Offer- Market Penetration Pricing)



              Prices of sports drinks in Canada

                              Brand                       Units          CAD$

          PowerAde                                              3        $2.00

          Vitamin water                                         3        $8.97

          Glite                                                 3        $1.50



         Internal Factors: Products in same category are priced in same range
         External factors: Competitive pricing




    9    Marketing Project |Gatorade | Glite| December 2011 |
Channel Strategy

     Distribution (Distribution depends on Customers need, Product characteristics and local
     trade practice)
             Direct Store Delivery (DSD)
        Since bottling is done by independent bottlers and they distribute through DSD
        systems in which beverages are directly delivered to the stores. By DSD we will be
        able to merchandise Glite with maximum visibility and appeal e.g.: Wal-Mart,
        Shoppers Drug mart, metro etc..




                            .
             Food service and Vending
             Glite will be distributed to third party food service and vending distributers. This
             distribution system will supply Glite to restaurants, business, school, stadium
             and similar location e.g.: Vending Machines in Colleges, Universities, Shopping
             mall, Public transport locations (TTC) and Airport Terminals etc…




   10   Marketing Project |Gatorade | Glite| December 2011 |
Promotion
         o London Olympics 2012
         o Tie ups with Gymnasiums (for free one day pass)
         o Sports sponsorship (Maple leaf, Raptors etc...)
         o    Print ads and billboard across Canada
         o Free samples will be distributed at various locations (School/College sport
             events)
         o Sponsoring different events across Canada
         o Promo Video on YouTube and Social Network websites (Facebook, Twitter)




11   Marketing Project |Gatorade | Glite| December 2011 |
Promotion Strategy

Target audience:

         15-27 years
         Young Professionals
         Athletics
         Body Builder/ Work out People

Communication Objectives:

Inform

Tell our targeted audience what Glite is, what it can do, and where it can be found and increase
general :-

         Awareness of Glite.
         To generate trial.
         To build the Glite, Gatorade and PepsiCo image.
         To correct false impressions about the manufacturing company.
         To explain how the product works.

Persuade

And also to persuade the target audience to select the firm’s brand not the competing product

         To increase Glite’s preference.
         To promote Glite brand's features and benefits.
         To make Glite more important as competition increases.




    12       Marketing Project |Gatorade | Glite| December 2011 |
Creative Strategy

Our Creative strategies are making an excellent communication to our targeted audience of
Glite through the following channels Advertising, Sales Promotion and Publicity (Public Relation
Campaign). We choose this channel because we know this is best way to capture our target
market.


Evaluate and Select Media


   1. Advertising:

Any paid form of non-personal communication about an organization, good, service or idea, by
an identified sponsor Broadcast (TV, radio), Print, Outdoor, Online.


   •    We want to affects both attitudes and behavior of Glite Customers.
   •    Reaches large, geographically dispersed audiences, often with high frequency.
   •    External audience.
   •    Investments spend (long term, brand-building tool).
   •    Low cost per exposure (overall costs are high though).
   •    Sales occur at some undetermined point in the future.
   •    Measuring effectiveness can be a challenge.
   •    Deliver a clear, consistent message to the targeted audience.
   •    Mass media (“Traditional media”)
   •    Reach large numbers of anonymous audience members
   •    A one-way monologue
   •    Niche media
   •    Reach a smaller, targeted audience, social media we used Facebook and YouTube.
   •    Media Selection Criteria, Match to media habits of target




       13   Marketing Project |Gatorade | Glite| December 2011 |
2. Sales Promotion:


Short-term incentives to encourage the (immediate) purchase or sale of a product .Can be
aimed at both end user consumers or channel members.


       Quick action sale
       Often take the form of price incentives.
       Short lived.
       Generally affects behavior, not attitudes.
       Produces results quickly
       Measurable.
       Achieve trial purchase.
       Achieve repeat purchase.
       Increase consumption.
       Attract former users of brand.
       Combat / disrupt competitor’s strategies.
       Directed at intermediaries (resellers).
       Obtain initial distribution.
       Increase shelf space and Increase order size.
       Strengthen consumer sales promotions.
       Discounts .E.g. to promote sale price at shelf

   3. Public Relation Campaign:


A firm’s communications, activities and relationships with its various publics in order to achieve
organizational goals


       To influence attitudes, opinions and behaviors.
       Unpaid media coverage.
       Media is in control.
       More credible - works indirectly via 3rd party
    14    Marketing Project |Gatorade | Glite| December 2011 |
Financial Analysis


           Income Statement




                                                                            *assumptions USD

(As per Datamonitor the Total market value as of 2006 for energy/sports drinks is USD287.2
million and predicted to USD375.2 million by 2011 Gatorade market share in Canada is
approximate 75%. Assuming the work force remains the same for Gatorade Brand, and Glite
being brand extension. Salary not included in this income statement as Gatorade workforce is
being used, additional work force (e.g. PR) will be added to this chart)




    15    Marketing Project |Gatorade | Glite| December 2011 |
Integrated Marketing Communication (IMC) Budget USD




     Implementation Chart (Advertising plan) December 2012




16   Marketing Project |Gatorade | Glite| December 2011 |
Implementation and Evaluation

Our main aim is to achieve 78% market share (increase by 3%) of the sports drinks by December
31, 2012, achieve year one sales revenue CAD $ 100 million for Glite by December 31, 2012,
achieve 60% awareness of Glite among the target audience as measure by marketing research
by December, 2012 and to increase in-store capacity and product placement for optimal sales
and compare with our actual plan by the end of December 2012 in order to identify whether we
fall below or surpass our target. We will compare our actual sales, expenses, profitability and
market share against forecasted sales, expenses, profitability and market share. These will be
measure on an on-going basis in order to ensure we are meeting our quarterly and annual
goals. We will measure our effectiveness of our promotional campaigns as well as level of
awareness and acceptance of our brand Glite in the market. We will examine the extent of
which our implementation strategy enable or affected our ability to maximize sales while
minimizing expenses. All this information will allow us to identify areas where our strategy
needs improvements so that corrective actions can be taken in a timely manner.




    17    Marketing Project |Gatorade | Glite| December 2011 |
Appendices




                                     /metro and Loblaw retail price year2011




                                     //sample nutrition of energy drink changed year2011




  18   Marketing Project |Gatorade | Glite| December 2011 |
Assumption Jan – Dec 2012




Assumed IMC Budget




Assumed income Statement in USD




Assumed Point of Difference


    19    Marketing Project |Gatorade | Glite| December 2011 |
Assumed Perpetual Maps




    20   Marketing Project |Gatorade | Glite| December 2011 |
Citations

Gatorade Company; Novelguide, 2011.
http://www.novelguide.com/a/discover/cps_01/cps_01_00112.html

Gatorade; Bevwire, 2011. http://bevwire.wordpress.com/tag/gatorade/

Street & Smith, Gatorade Sales, Sport Business Daily, July 3, 2009
http://www.sportsbusinessdaily.com/Daily/Issues/2009/07/Issue-212/Sponsorships

Agriculture and Agric Food Canada, Market Analysis Report, August 2010
http://www.ats.agr.gc.ca/inter/5569-eng.pdf Retrieved 12/12/2011

Datamonitor. Mega Trends: Health. (2009).

Euromonitor International. Functional Drinks – Canada. (May 2010).

Euromontior International. Snack Bars in Canada. (October 2009).

Mintel. Non-alcoholic Beverages: The Market—U.S. (April 2010).
Today’s Sustainable Choices, Metro Richelieu, 2011 < http://www.metro.ca/en/on/home.html>

Stan Reents, Sports Drinks and Recovery Drinks, AthleteInMe.com, November, 2011
http://www.athleteinme.com/ArticleView.aspx

Christy Hammond, Marketing Sports Drinks, New York Times, April 2007
Agriculture and Agric-Food Canada, "Market Brief: The Canadian Energy Drink Market" April,
2008 http://www.ats.agr.gc.ca/can/4469-eng.htm

Wiley .Com, Online Library, http://onlinelibrary.wiley.com/doi/10.1111

Energy Fiend, Energy Drinks. < http://www.energyfiend.com/category/energy-drinks >. Feb 15,
2009.

McGraw-Hill Irwin, Marketing Canadian Edition, McGraw-Hill Ryerson Limited, 2009.




    21    Marketing Project |Gatorade | Glite| December 2011 |

Más contenido relacionado

La actualidad más candente

MKT 441 Powerade Report Final Edit
MKT 441 Powerade Report Final EditMKT 441 Powerade Report Final Edit
MKT 441 Powerade Report Final Edit
Christen McAllister
 

La actualidad más candente (20)

Gatorade Brand Audit (Spring 2015)
Gatorade Brand Audit (Spring 2015)Gatorade Brand Audit (Spring 2015)
Gatorade Brand Audit (Spring 2015)
 
Crescent pure: Harvard Case Study
Crescent pure: Harvard Case StudyCrescent pure: Harvard Case Study
Crescent pure: Harvard Case Study
 
Colgate Kitchen Entrees Repositioning - Market research Document (PART 1).pdf
Colgate Kitchen Entrees Repositioning - Market research Document (PART 1).pdfColgate Kitchen Entrees Repositioning - Market research Document (PART 1).pdf
Colgate Kitchen Entrees Repositioning - Market research Document (PART 1).pdf
 
Haagen-Dazs Integrated Marketing Communications Campaign
Haagen-Dazs Integrated Marketing Communications CampaignHaagen-Dazs Integrated Marketing Communications Campaign
Haagen-Dazs Integrated Marketing Communications Campaign
 
Crescent Pure Case Study
Crescent Pure Case StudyCrescent Pure Case Study
Crescent Pure Case Study
 
Gatorade Marketing Campaign Analysis: Rebranding G
Gatorade Marketing Campaign Analysis: Rebranding GGatorade Marketing Campaign Analysis: Rebranding G
Gatorade Marketing Campaign Analysis: Rebranding G
 
J Walter Thompson Planning Guide
J Walter Thompson Planning GuideJ Walter Thompson Planning Guide
J Walter Thompson Planning Guide
 
Case Analysis - Crescent Pure
Case Analysis - Crescent PureCase Analysis - Crescent Pure
Case Analysis - Crescent Pure
 
Crescent Pure - Case Study
Crescent Pure - Case StudyCrescent Pure - Case Study
Crescent Pure - Case Study
 
Crescent Pure Case Study
Crescent Pure Case StudyCrescent Pure Case Study
Crescent Pure Case Study
 
How to Write a Marketing Plan: A Comprehensive Guide with Templates
How to Write a Marketing Plan: A Comprehensive Guide with TemplatesHow to Write a Marketing Plan: A Comprehensive Guide with Templates
How to Write a Marketing Plan: A Comprehensive Guide with Templates
 
Crescent pure
Crescent pureCrescent pure
Crescent pure
 
MKT 441 Powerade Report Final Edit
MKT 441 Powerade Report Final EditMKT 441 Powerade Report Final Edit
MKT 441 Powerade Report Final Edit
 
Developing A Winning Brand Strategy
Developing A Winning Brand StrategyDeveloping A Winning Brand Strategy
Developing A Winning Brand Strategy
 
AMP Energy Drink Media Plan
AMP Energy Drink Media PlanAMP Energy Drink Media Plan
AMP Energy Drink Media Plan
 
Ideal Long Range Strategic Plan
Ideal Long Range Strategic PlanIdeal Long Range Strategic Plan
Ideal Long Range Strategic Plan
 
TARGET CORP MARKETING STRATEGY
TARGET CORP MARKETING STRATEGY TARGET CORP MARKETING STRATEGY
TARGET CORP MARKETING STRATEGY
 
Whole Foods Market goes global
Whole Foods Market goes globalWhole Foods Market goes global
Whole Foods Market goes global
 
Red Bull
Red Bull Red Bull
Red Bull
 
Crescent pure
Crescent pureCrescent pure
Crescent pure
 

Destacado

A R T I C U L O P R E S E N T A C I O N
A R T I C U L O  P R E S E N T A C I O NA R T I C U L O  P R E S E N T A C I O N
A R T I C U L O P R E S E N T A C I O N
Fortunato Rivera
 
10 Step Marketing Plan
10 Step Marketing Plan10 Step Marketing Plan
10 Step Marketing Plan
Efren Estrella
 
10 Step Marketing Plan, Efren Ewold Estrella
10 Step Marketing Plan, Efren Ewold Estrella10 Step Marketing Plan, Efren Ewold Estrella
10 Step Marketing Plan, Efren Ewold Estrella
Efren Estrella
 
Marketing Plan Presentation
Marketing Plan PresentationMarketing Plan Presentation
Marketing Plan Presentation
sunthari
 
Buble tea marketing plan
Buble tea marketing planBuble tea marketing plan
Buble tea marketing plan
ziyamelik
 

Destacado (20)

Marketing Plan Presentation Template
Marketing Plan Presentation TemplateMarketing Plan Presentation Template
Marketing Plan Presentation Template
 
Insomnia Cookies Final Project
Insomnia Cookies Final ProjectInsomnia Cookies Final Project
Insomnia Cookies Final Project
 
Vancity - 2014 to 2016 Three Year Plan
Vancity - 2014 to 2016 Three Year PlanVancity - 2014 to 2016 Three Year Plan
Vancity - 2014 to 2016 Three Year Plan
 
Strategic Plan Two Year Review Metro Atlanta
Strategic Plan Two Year Review Metro AtlantaStrategic Plan Two Year Review Metro Atlanta
Strategic Plan Two Year Review Metro Atlanta
 
Big Brand Moments Year Plan
Big Brand Moments Year PlanBig Brand Moments Year Plan
Big Brand Moments Year Plan
 
How To: Twitter voor Beginners
How To: Twitter voor BeginnersHow To: Twitter voor Beginners
How To: Twitter voor Beginners
 
Yearly planner highlights sample
Yearly planner highlights sampleYearly planner highlights sample
Yearly planner highlights sample
 
A R T I C U L O P R E S E N T A C I O N
A R T I C U L O  P R E S E N T A C I O NA R T I C U L O  P R E S E N T A C I O N
A R T I C U L O P R E S E N T A C I O N
 
First milk
First milk First milk
First milk
 
One year business plan
One year business planOne year business plan
One year business plan
 
marketing of fresh milk.
marketing of fresh milk.marketing of fresh milk.
marketing of fresh milk.
 
Milk Anlene
Milk AnleneMilk Anlene
Milk Anlene
 
10 Step Marketing Plan
10 Step Marketing Plan10 Step Marketing Plan
10 Step Marketing Plan
 
100 day digital marketing plan
100 day digital marketing plan100 day digital marketing plan
100 day digital marketing plan
 
10 Step Marketing Plan, Efren Ewold Estrella
10 Step Marketing Plan, Efren Ewold Estrella10 Step Marketing Plan, Efren Ewold Estrella
10 Step Marketing Plan, Efren Ewold Estrella
 
100 days-new-marketing-director
100 days-new-marketing-director100 days-new-marketing-director
100 days-new-marketing-director
 
Marketing Plan Presentation
Marketing Plan PresentationMarketing Plan Presentation
Marketing Plan Presentation
 
Buble tea marketing plan
Buble tea marketing planBuble tea marketing plan
Buble tea marketing plan
 
Sample Marketing Plan
Sample Marketing PlanSample Marketing Plan
Sample Marketing Plan
 
Integration for manufacturing The eScop Approach
Integration for manufacturing  The eScop ApproachIntegration for manufacturing  The eScop Approach
Integration for manufacturing The eScop Approach
 

Similar a One year Marketing plan for Glite

SDP iGCDP Indonesia#2 Product Understanding & Product Packaging
SDP iGCDP Indonesia#2 Product Understanding & Product PackagingSDP iGCDP Indonesia#2 Product Understanding & Product Packaging
SDP iGCDP Indonesia#2 Product Understanding & Product Packaging
Anastasiia Isakii
 
Chapter 2 1
Chapter 2 1Chapter 2 1
Chapter 2 1
kpatric
 
Lavanya m.sc
Lavanya m.scLavanya m.sc
Lavanya m.sc
sowfi
 
Government SectorNonprofit SectorPrivate SectorLocal Lev.docx
Government SectorNonprofit SectorPrivate SectorLocal Lev.docxGovernment SectorNonprofit SectorPrivate SectorLocal Lev.docx
Government SectorNonprofit SectorPrivate SectorLocal Lev.docx
whittemorelucilla
 
Tourism & hospitality marketing
Tourism & hospitality marketingTourism & hospitality marketing
Tourism & hospitality marketing
bbsally
 
12 Global Brands & Local Markets
12 Global Brands & Local Markets12 Global Brands & Local Markets
12 Global Brands & Local Markets
sexbomb
 

Similar a One year Marketing plan for Glite (20)

Global marketing Strategies (McDonald’s)
Global marketing Strategies (McDonald’s)Global marketing Strategies (McDonald’s)
Global marketing Strategies (McDonald’s)
 
Market segmentation, positioning and value proposition
Market segmentation, positioning and value propositionMarket segmentation, positioning and value proposition
Market segmentation, positioning and value proposition
 
SDP iGCDP Indonesia#2 Product Understanding & Product Packaging
SDP iGCDP Indonesia#2 Product Understanding & Product PackagingSDP iGCDP Indonesia#2 Product Understanding & Product Packaging
SDP iGCDP Indonesia#2 Product Understanding & Product Packaging
 
Develop a project proposal for a new product
Develop a project proposal for a new productDevelop a project proposal for a new product
Develop a project proposal for a new product
 
OJAS PPT TEMPLATE.pptx
OJAS PPT TEMPLATE.pptxOJAS PPT TEMPLATE.pptx
OJAS PPT TEMPLATE.pptx
 
Managing Marketing Processes_Seminar 4
 Managing Marketing Processes_Seminar 4 Managing Marketing Processes_Seminar 4
Managing Marketing Processes_Seminar 4
 
Gen-Z Insights: Is Your Brand Ready To Take On The Next Generation?
Gen-Z Insights: Is Your Brand Ready To Take On The Next Generation? Gen-Z Insights: Is Your Brand Ready To Take On The Next Generation?
Gen-Z Insights: Is Your Brand Ready To Take On The Next Generation?
 
Marketing STP(MM)(APPROVED-PPT).pptx
Marketing STP(MM)(APPROVED-PPT).pptxMarketing STP(MM)(APPROVED-PPT).pptx
Marketing STP(MM)(APPROVED-PPT).pptx
 
Chapter 2 1
Chapter 2 1Chapter 2 1
Chapter 2 1
 
Session 1 ( p.m)
Session 1 ( p.m)Session 1 ( p.m)
Session 1 ( p.m)
 
Ritesh final ppt
Ritesh final pptRitesh final ppt
Ritesh final ppt
 
Lavanya m.sc
Lavanya m.scLavanya m.sc
Lavanya m.sc
 
Armstrong9e 06
Armstrong9e 06Armstrong9e 06
Armstrong9e 06
 
Doing more with less a point of view on marketing in a recession
Doing more with less a point of view on marketing in a recessionDoing more with less a point of view on marketing in a recession
Doing more with less a point of view on marketing in a recession
 
Marketing Mix Strategy.pptx
Marketing Mix Strategy.pptxMarketing Mix Strategy.pptx
Marketing Mix Strategy.pptx
 
Government SectorNonprofit SectorPrivate SectorLocal Lev.docx
Government SectorNonprofit SectorPrivate SectorLocal Lev.docxGovernment SectorNonprofit SectorPrivate SectorLocal Lev.docx
Government SectorNonprofit SectorPrivate SectorLocal Lev.docx
 
Make it Personal: Accelerating Your Personalization Game Plan
Make it Personal: Accelerating Your Personalization Game PlanMake it Personal: Accelerating Your Personalization Game Plan
Make it Personal: Accelerating Your Personalization Game Plan
 
Tourism & hospitality marketing
Tourism & hospitality marketingTourism & hospitality marketing
Tourism & hospitality marketing
 
12 Global Brands & Local Markets
12 Global Brands & Local Markets12 Global Brands & Local Markets
12 Global Brands & Local Markets
 
Sustainability as a differentiating factor for brands and companies
Sustainability as a differentiating factor for brands and companiesSustainability as a differentiating factor for brands and companies
Sustainability as a differentiating factor for brands and companies
 

Último

Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Anamikakaur10
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
amitlee9823
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
lizamodels9
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
lizamodels9
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
dlhescort
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 

Último (20)

Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
Call Now ☎️🔝 9332606886🔝 Call Girls ❤ Service In Bhilwara Female Escorts Serv...
 
Falcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in indiaFalcon Invoice Discounting platform in india
Falcon Invoice Discounting platform in india
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Falcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business GrowthFalcon Invoice Discounting: Empowering Your Business Growth
Falcon Invoice Discounting: Empowering Your Business Growth
 
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
Russian Call Girls In Rajiv Chowk Gurgaon ❤️8448577510 ⊹Best Escorts Service ...
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLJAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
JAYNAGAR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
Russian Call Girls In Gurgaon ❤️8448577510 ⊹Best Escorts Service In 24/7 Delh...
 
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
Call Girls In Majnu Ka Tilla 959961~3876 Shot 2000 Night 8000
 
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRLBAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
BAGALUR CALL GIRL IN 98274*61493 ❤CALL GIRLS IN ESCORT SERVICE❤CALL GIRL
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 

One year Marketing plan for Glite

  • 1. December 2011 GATORADE GLITE MARKETING PLAN – JAN 1 – DEC 31, 2012 Group Assignment Mark 1027 | Prasad | Idris | Udit | Noor
  • 2. Table of Contents: Marketing Objective pg3 SMART Objectives Financial and market Share Segmentation & Target Market Analysis pg3 Target Market Targeting Strategy Consume Profile Product Strategy pg5 Positioning Strategy Positioning Statement Point of Difference vs. Competitors Brand name & rationale Packaging Price Strategy pg9 Retail Price Points Comparing potential substitutes Internal and External factors Channel Strategy pg10 Distribution Strategy Promotion (IMC) Strategy pg12 Target Audience Communication Objectives Creative Strategy Evaluation and Selection of media Financial Analysis pg15 Market Size/Share estimate Income Statement IMC budget Implementation and Evaluation pg17 Appendices pg18 Citation pg21 2 Marketing Project |Gatorade | Glite| December 2011 |
  • 3. Marketing Objective To achieve 78% market share (increase by 3%) of the sports drink by December 31, 2012 To achieve year one sales revenue CAD $100 million for Glite by December 31, 2012 To achieve 60% awareness of Glite among the target audience as measured by marketing research by December 31, 2012 To increase in-store capacity and product placement for optimal sales Segmentation and Target Market Analysis Sports Drink (Primary) Between 15 – 27 years of Age Colleges Students and Young professionals Individuals who like working out (Due to the nature of their job and busy schedules, they require instant replenishment so that they can go on with their day to day activities) I. Geographic Segmentation Region : Canada Area Size : All of Canada (approx 10 million sq km) Density : Urban and Rural Climate : All Season II. Demographic Age : 15- 27 years of age Gender : Male/Female Income : not specific Occupation : College and professionals Education : not applicable Race : not applicable 3 Marketing Project |Gatorade | Glite| December 2011 |
  • 4. Home Owner : not applicable III. Psychographic Personality : Young, energetic, enthusiastic Lifestyle : healthy and lead an active lifestyle IV. Behavioral Usage Rates : Regular Basis User Status : Regular User Benefits : Instant Energy, No fatigue, Vitamin and quenches thirst Loyalty : All sports drink and energy drink users Consumer Profile (Ideal Customer) John Doe, 22 year old, young professional is busy throughout the day with his work and in the evening he is finding out ways to relax but is too tired, he is looking for a drink which is healthy and will keep him fit for the entire day. He is an adventures kind of person who loves trekking or cycling during his week off and also prefers regular exercise 4 Marketing Project |Gatorade | Glite| December 2011 |
  • 5. Product Strategy Positioning Strategy A. Product Attributes - Tasty (different flavors) - Replenishes energy - Instant energy boost - Rehydration - Cool Design 5 Marketing Project |Gatorade | Glite| December 2011 |
  • 6. 6 Marketing Project |Gatorade | Glite| December 2011 |
  • 7. Positioning statement “Especially for thirsty individuals and athlete, Glite is a sports beverage that quenches thirst and enhances performance by replacing fluids and electrolytes lost due to day to day activities or regular work out” Presents “In a dark room a person hopes for a ray of light, similarly during daily strenuous activities a tired person hope for instant boost which immediately enhances his strength and kills dehydration. lite here represents that source of energy, where G is for Gatorade.” (Rationale) 7 Marketing Project |Gatorade | Glite| December 2011 |
  • 8. Packaging and Labeling (946ml) 8 Marketing Project |Gatorade | Glite| December 2011 |
  • 9. Price Strategy  CAD $2 (approx for three unit) (Completive Pricing - industry average)  Special offers free one day Gym pass if bought between promotional period (until April 2012)  Introductory pricing CAD $1.50 (for three units) for the first 3 months (competitive prices are similar) (Promo Offer- Market Penetration Pricing) Prices of sports drinks in Canada Brand Units CAD$ PowerAde 3 $2.00 Vitamin water 3 $8.97 Glite 3 $1.50 Internal Factors: Products in same category are priced in same range External factors: Competitive pricing 9 Marketing Project |Gatorade | Glite| December 2011 |
  • 10. Channel Strategy Distribution (Distribution depends on Customers need, Product characteristics and local trade practice) Direct Store Delivery (DSD) Since bottling is done by independent bottlers and they distribute through DSD systems in which beverages are directly delivered to the stores. By DSD we will be able to merchandise Glite with maximum visibility and appeal e.g.: Wal-Mart, Shoppers Drug mart, metro etc.. . Food service and Vending Glite will be distributed to third party food service and vending distributers. This distribution system will supply Glite to restaurants, business, school, stadium and similar location e.g.: Vending Machines in Colleges, Universities, Shopping mall, Public transport locations (TTC) and Airport Terminals etc… 10 Marketing Project |Gatorade | Glite| December 2011 |
  • 11. Promotion o London Olympics 2012 o Tie ups with Gymnasiums (for free one day pass) o Sports sponsorship (Maple leaf, Raptors etc...) o Print ads and billboard across Canada o Free samples will be distributed at various locations (School/College sport events) o Sponsoring different events across Canada o Promo Video on YouTube and Social Network websites (Facebook, Twitter) 11 Marketing Project |Gatorade | Glite| December 2011 |
  • 12. Promotion Strategy Target audience: 15-27 years Young Professionals Athletics Body Builder/ Work out People Communication Objectives: Inform Tell our targeted audience what Glite is, what it can do, and where it can be found and increase general :- Awareness of Glite. To generate trial. To build the Glite, Gatorade and PepsiCo image. To correct false impressions about the manufacturing company. To explain how the product works. Persuade And also to persuade the target audience to select the firm’s brand not the competing product To increase Glite’s preference. To promote Glite brand's features and benefits. To make Glite more important as competition increases. 12 Marketing Project |Gatorade | Glite| December 2011 |
  • 13. Creative Strategy Our Creative strategies are making an excellent communication to our targeted audience of Glite through the following channels Advertising, Sales Promotion and Publicity (Public Relation Campaign). We choose this channel because we know this is best way to capture our target market. Evaluate and Select Media 1. Advertising: Any paid form of non-personal communication about an organization, good, service or idea, by an identified sponsor Broadcast (TV, radio), Print, Outdoor, Online. • We want to affects both attitudes and behavior of Glite Customers. • Reaches large, geographically dispersed audiences, often with high frequency. • External audience. • Investments spend (long term, brand-building tool). • Low cost per exposure (overall costs are high though). • Sales occur at some undetermined point in the future. • Measuring effectiveness can be a challenge. • Deliver a clear, consistent message to the targeted audience. • Mass media (“Traditional media”) • Reach large numbers of anonymous audience members • A one-way monologue • Niche media • Reach a smaller, targeted audience, social media we used Facebook and YouTube. • Media Selection Criteria, Match to media habits of target 13 Marketing Project |Gatorade | Glite| December 2011 |
  • 14. 2. Sales Promotion: Short-term incentives to encourage the (immediate) purchase or sale of a product .Can be aimed at both end user consumers or channel members. Quick action sale Often take the form of price incentives. Short lived. Generally affects behavior, not attitudes. Produces results quickly Measurable. Achieve trial purchase. Achieve repeat purchase. Increase consumption. Attract former users of brand. Combat / disrupt competitor’s strategies. Directed at intermediaries (resellers). Obtain initial distribution. Increase shelf space and Increase order size. Strengthen consumer sales promotions. Discounts .E.g. to promote sale price at shelf 3. Public Relation Campaign: A firm’s communications, activities and relationships with its various publics in order to achieve organizational goals To influence attitudes, opinions and behaviors. Unpaid media coverage. Media is in control. More credible - works indirectly via 3rd party 14 Marketing Project |Gatorade | Glite| December 2011 |
  • 15. Financial Analysis Income Statement *assumptions USD (As per Datamonitor the Total market value as of 2006 for energy/sports drinks is USD287.2 million and predicted to USD375.2 million by 2011 Gatorade market share in Canada is approximate 75%. Assuming the work force remains the same for Gatorade Brand, and Glite being brand extension. Salary not included in this income statement as Gatorade workforce is being used, additional work force (e.g. PR) will be added to this chart) 15 Marketing Project |Gatorade | Glite| December 2011 |
  • 16. Integrated Marketing Communication (IMC) Budget USD Implementation Chart (Advertising plan) December 2012 16 Marketing Project |Gatorade | Glite| December 2011 |
  • 17. Implementation and Evaluation Our main aim is to achieve 78% market share (increase by 3%) of the sports drinks by December 31, 2012, achieve year one sales revenue CAD $ 100 million for Glite by December 31, 2012, achieve 60% awareness of Glite among the target audience as measure by marketing research by December, 2012 and to increase in-store capacity and product placement for optimal sales and compare with our actual plan by the end of December 2012 in order to identify whether we fall below or surpass our target. We will compare our actual sales, expenses, profitability and market share against forecasted sales, expenses, profitability and market share. These will be measure on an on-going basis in order to ensure we are meeting our quarterly and annual goals. We will measure our effectiveness of our promotional campaigns as well as level of awareness and acceptance of our brand Glite in the market. We will examine the extent of which our implementation strategy enable or affected our ability to maximize sales while minimizing expenses. All this information will allow us to identify areas where our strategy needs improvements so that corrective actions can be taken in a timely manner. 17 Marketing Project |Gatorade | Glite| December 2011 |
  • 18. Appendices /metro and Loblaw retail price year2011 //sample nutrition of energy drink changed year2011 18 Marketing Project |Gatorade | Glite| December 2011 |
  • 19. Assumption Jan – Dec 2012 Assumed IMC Budget Assumed income Statement in USD Assumed Point of Difference 19 Marketing Project |Gatorade | Glite| December 2011 |
  • 20. Assumed Perpetual Maps 20 Marketing Project |Gatorade | Glite| December 2011 |
  • 21. Citations Gatorade Company; Novelguide, 2011. http://www.novelguide.com/a/discover/cps_01/cps_01_00112.html Gatorade; Bevwire, 2011. http://bevwire.wordpress.com/tag/gatorade/ Street & Smith, Gatorade Sales, Sport Business Daily, July 3, 2009 http://www.sportsbusinessdaily.com/Daily/Issues/2009/07/Issue-212/Sponsorships Agriculture and Agric Food Canada, Market Analysis Report, August 2010 http://www.ats.agr.gc.ca/inter/5569-eng.pdf Retrieved 12/12/2011 Datamonitor. Mega Trends: Health. (2009). Euromonitor International. Functional Drinks – Canada. (May 2010). Euromontior International. Snack Bars in Canada. (October 2009). Mintel. Non-alcoholic Beverages: The Market—U.S. (April 2010). Today’s Sustainable Choices, Metro Richelieu, 2011 < http://www.metro.ca/en/on/home.html> Stan Reents, Sports Drinks and Recovery Drinks, AthleteInMe.com, November, 2011 http://www.athleteinme.com/ArticleView.aspx Christy Hammond, Marketing Sports Drinks, New York Times, April 2007 Agriculture and Agric-Food Canada, "Market Brief: The Canadian Energy Drink Market" April, 2008 http://www.ats.agr.gc.ca/can/4469-eng.htm Wiley .Com, Online Library, http://onlinelibrary.wiley.com/doi/10.1111 Energy Fiend, Energy Drinks. < http://www.energyfiend.com/category/energy-drinks >. Feb 15, 2009. McGraw-Hill Irwin, Marketing Canadian Edition, McGraw-Hill Ryerson Limited, 2009. 21 Marketing Project |Gatorade | Glite| December 2011 |