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GROUP 1
ANKIT| ASUTOSH| DISHA| PRIYANK|
SNAPPLE OVERVIEW
Differentiation Premium price 1994 Glass bottle rather than cans Sold to More than 50 flavors Quaker for $1.7 Distributor billion 1972 300 small distributors Snapple Entrepreneurial spirit introduced Promotion Offbeat blend of public relations and advertising Advertising Wendy: the Snapple lady 100% Natural Mantra 30-40% market share
1997
Sold to Triarc Beverages for $300 million
ACCOMPLISHING AN OBJECTIVE; IT'S ABOUT ADDING A LITTLE WHIMSY TO THE HUMDRUM AND THE EVERYDAY.
SWOT ANALYSIS
Strong Image/Heritage Product Line Full of variety and flavor Packaging Innovative Advertising
Multiple management challenges Distribution Regional differences Weak in warm channels Discontinued media and advertising
Strength
Weakness
Volatile consumer preference Shift in positioning due to acquisitions Ever increasing range of beverage categories Lack of Credibility due to false claims and failing to deliver core product attributes
Threats
Opportun ities
Brand Image Popularity of natural no- preservative fruit juice Tap the youth market
CHALLENGES
Brand Image Deteriorating
Snapple fired Wendy Previous quirky image is obscured by the perception that Snapple is a corporate sell-out
Declining Revenues
When bought by Triarc, revenue had decreased to half
Competition
Similar array of fruit juices and tea products
Distribution Issues
Quakers attempts at original distributors had made them angry
TRIARCS OBJECTIVE
OPTIONS
REPOSITIONING THE BRAND CHANGING BRAND ELEMENTS
Prospective Repositioning: For homely, health conscious , concerned mothers Advertisements focusing on the female members Reassertion as a natural beverage due to the
possibility of it being branded along with Gatorade as a sports drink due to its association with it
who will act as influencer for the children and society
promoting the health consciousness. The logo can be apple shaped to promote the association with health. The negative consequence of such a change would be the bias towards apple drinks with the other products taking a hit
Use it as a meal drink : Used to flush Served as a breakfast drink to the Use it as a drink in sports events
family. This will increase the consumption and hence the frequency down the contents of the meal in a healthy manner
RECOMMENDATION
Snapple has always been associated with its fun and
individualistic image
Consumers are more likely to accept the old Snapple However we also recommend to change a few brand
elements
Adding real fruit elements so that they are visible from the outside
Logo could be modified
ATTRIBUTES
PRODUCT
PERSONALITY
Consumer composed jingles on radio Bright artistic and unique packaging to identify Promote usage situation in movies Unique drink labels such as Go Bananas or What-amelon
PROMOTION
Invite Snapple inspired artwork Beverage of real people: responding to consumer requests
and naming their drink proposals after them
PRICE
Premium Priced
Need to explore all channels-cold as well warm Outsourcing of distribution can be considered
Outsourcing to a leading beverage company which is not having any beverage in alternate category Will help in capturing the market initially and increase shelf visibility
PLACE
THANK YOU