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Executive Summary SWOT Analysis Promotion Opportunity Analysis Corporate Strategies Integrated Marketing Communications Management Media Plan Evaluation & Control
Executive Summary
ed !ull can "e called as a pioneer in t#e energy drink category $orld$ide% In India too& ed !ull $as t#e "rand t#at created t#e energy drink category%
T#e "rand came into existence in '()*% T#e "rand came to India in +,,-% Alt#oug# t#e "rand #as "een keeping a lo$ pro.ile compared to t#e Cola ma/ors & ed !ull #as created a category o. energy drinks in t#e Indian market%
Contd%
According to Economic Times 0 -,%,1%,)2 t#e energy drink market in India is estimated to "e around ',, crores% T#e market no$ #as t$o main players 3orse% ed !ull and Po$er
! #as an assessed market s#are o. +(4 o. t#e glo"al market o. energy 5rinks%
In t#e 6%S%& ed !ull en/oys a *74 s#are o. t#e energy drink market& and no$ #as a 1,4 s#are o. t#e 8erman energy drink market%
SWOT Analysis
Strengt#s
Market leaders#ip9 Wit#in t#e energy drinks market ed !ull is t#e industry leader t#roug#out t#e $orld% Marketing E..orts9 a lot o. promotions and $ell targeted campaigns and sponsors#ip e%g% .ormula ' #elps to expand "ull "rand and increase consumer "rand a$areness% Strong & .res# & .as#iona"le "rand identity%
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Weaknesses
A"ove9average prices% :ack o. innovation9 t#ere are a lot o. competitors in t#e market and t#ey #ave t#eir o$n 6SP $#ic# leaves ed !ull "e#ind% eliant on small product "ase9 T#e company only markets one "randed product& ed !ull Energy 5rink 0along $it# a sugar .ree variety2%
Inexperience; is only < years old in India% :ack o. patent on ! =s recipe means anyone can copy it%
Opportunities
Extension o. product line9 t#is $ill #elp to retain market s#are% 3ardcore Advertising and Promotions% Consumer recognition t#roug# sponsors#ip o. sports events% >e$ ventures like partners#ip $it# ?ace"ook%
T#reats
3ealt# concerns9 toug#er rules .rom government on #ig# ca..eine content% Consumer a$areness o. #ealt# and $ell "eing9 people may start to drink ot#er alternatives as it is associated $it# #ealt#ier li.e style% 5rinks mig#t not "e accepted in t#e ne$ markets% Organic energy drinks mig#t steal !@s market s#are%
Competitive Analysis
Share of Energy Drink Market Red Bull Monster Rockstar Full Throttle Sobe No Fear Am Sobe Adrenal"ne Rush Tab #ner$% Monster &&' )r"*ate 'abel R" +t Sobe 'ean Boo.oo Sobe Su erman /on 0utch 42.6 14.4 11.4 6.9 5.4 !.6 2.9 2.! (.9 (.9 (., (.(.5 (.4 (.4
eal Competition
ed"ull@s real competitors are t#e market leaders o. cola companies suc# as ; Pepsi & Coca Cola& $#o #ave created t#eir "rand leaders#ip since several years in t#e Indian market%
Opportunity Analysis
! #as a nic#e market & is yet to percolate in t#e mass market%
Customer Analysis
Aoung people are especially open to determined ex#austion and insu..icient energy% More speci.ically male teenagers & people in t#eir +,s& are also most likely to "elieve in t#e aut#enticity o. t#e energy drinks@% As a result& t#e ma/ority o. energy drinks are developed .or and advertised to t#is younger generation% Appeal to very specialiBed groups& suc# as gamers& extreme sports ent#usiasts& and t#e #ip9#op cro$d%
Target Consumer
Demographic Psychographic s s Usage Behavior
Consumption collection
Student brand managers' $#o $ould "e used to promote ed !ull on university campuses% T#ese students $ould "e encouraged to t#ro$ parties at $#ic# cases o. ed !ull $ould "e distri"uted%
Corporate Strategies
Mission Statement Our mission is to "e t#e premier marketer and supplier o. ed!ull in Asia& Europe and ot#er parts o. t#e glo"e% We $ill ac#ieve t#is mission "y "uilding long9term relations#ips $it# t#e people $#o can make it "ecome a reality%
ision Statement!
People! !e a great place to $ork $#ere people are inspired to "e t#e "est t#ey can "e% Port"olio! !ring to t#e $orld a port.olio o. Duality "everage t#at anticipate and satis.y peopleCs desires and needs% Partners! >urture a $inning net$ork o. customers and suppliers& toget#er $e create mutual& enduring value% Pro"it! MaximiBe long9term return to s#areo$ners $#ile "eing mind.ul o. our overall responsi"ilities% Productivity! !e a #ig#ly e..ective& lean and .ast9moving organiBation%
5istri"ution Strategy
Intensive distribution aims to provide saturation coverage o. t#e market "y using all availa"le outlets suc# as; Super markets& 8yms& Co..ee 3ouses; Su"$ay& !arista& Costa Co..ee& Ca.G Co..ee 5ay In n Out Convenience Stores% PiBBa Outlets%
Media elations 6se Tec#nology Monitor t#e We" Create Pu"lic A$areness
IMC O"/ectives
ed!ull@s IMC o"/ective is; Sales Promotions%
Create ne$ target markets% :arge display in t#e 5epartmental stores% !ull 3oo. stickers on t#e .loors o. departmental stores promoting !%
IMC !udget
Media
Ad Campaigns on Prime TH c#annels suc# as >5TH good times& MTH& C#annel H& Ioom& H3'& Star World & a .e$ more%
!udget
Maga&ine! ?emina& People& olling Stones% '1k per page J '+ mnt#s9 '()*))) +e#spapers! 3T City & 5el#i Times 'lac per page J * $eeks J '+ mnt#s9 ,())))) $adio! ',k per mnt# J '+ K '-)))) . ! 1 lacs J * $eeks J '+ 9 -,))))) .otal /0pense! 1'*()*)))
*4 -,4
''4 -4
T#oroug# understanding o. t#e audienceCs needs& emotions & activities is essential to ensure accuracy & relevance o. t#e message%
Advertising
W#at target market do you $ant to reac#L W#at image do you $ant to portrayL W#at product or service do you $ant to emp#asiBeL 3o$ muc# money can you spendL W#en is t#e rig#t time to advertiseL
ed !ull #as an aggressive mar2eting campaign% ed !ull uses all t#e availa"le media c#annels& meaning cinema& TH& radio& press and t#e internet%
In ot#er $ords t#e company .ocuses on t#e media t#roug# $#ic# it reac#es its primary target market9young people% ! allo$s t#e consumers to interpret t#e product & t#e moments o. use t#emselves% ed !ull ac#ieves t#is "y a #umorous and $itty cartoon campaign& trans.erring t#e message t#at t#is energy drink #elps you to escape "y Mgiving you $ings N%
Consumer Promotions
ed !ull sponsors t#e motorsports or .un sports& "ut al$ays $#ere ed !ull is needed% ed !ull does event sponsoring%
Event sponsoring attracts people@s attention to$ards t#e product and connects t#em%
Personal Selling
Sampling is anot#er very important part o. t#e t#ree pillar marketing system% As t#e ma/or purpose o. ed !ull is to energiBe t#e company samples at t#e rig#t place at t#e rig#t time& $#ere it .inds its exact target market%
Examples o. usage are driving& studying& $orking nig#t s#i.ts and sports%
Media Plan
TH; Still a staple medium o. advertising% Allo$s to demonstrate t#e advantages o. 8ood eac#% MagaBines; Economical% Provides #ig#er "rand a$areness%
!%
Internet
T!
Timelines
IMC/ Month ,edBull on the -eb $rint Media Blogs ,adio T! &ther Misc. Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 Ma 10
DARE TO BE DISCOVERED!!!
Sources