Wednesday, May 6, 2020
A Short Note On The Energy Drink Industry - 1337 Words
The energy drink industry is a fairly new market, with the top products being little under 30 years old. There are several strengths, weaknesses, opportunities and threats in the sector that are unique to this particular industry. Through a SWOT analysis, I will analyze this marketsââ¬â¢ main components. The strengths of energy drinks are the specific branding, low rivalry, mainstream products, low pricing points, and powerful sponsorships. Each energy drink producer has a specific brand that they have maintained to appeal to their audience, for example Red Bullââ¬â¢s brand is taking the ordinary man and making him extraordinary were as Monsters brand is maximizing your lifestyle and whatever that might entail whether that is sports or even music. Although the brands are both amplifying, they are essentially for two different types of people. This makes the rivalry among competitors fairly low. The specific branding allows for marketing towards specific people, eliminating the need for a rivalry. Energy drinks are also very mainstream products, energy drinks are a familiar product to the public and everyone has a general idea of what it does and where to purchase one, so it is not an undiscovered commodity. Because energy drinks can be found in your local grocery or corner store, the price range is fairly the same ranging from $4.00-$6.00 per pack. The top energy drinks also maintain powerful sponsorships, Red bull is partnered with Felix Baumgartner and Monster sponsors x-sports toShow MoreRelatedA Short Note On The Energy Drink Industry996 Words à |à 4 Pages Energy drinks are part of the broader soft drink category, which includes carbonated beverages, fruit and vegetable juices, bottle water, sports drinks, beverages concentrates, ready-to-drink tea, and ready-to-drink coffee (Fontinelle). Because there are so many companies competing for the top spot for the best energy drink, it is hard for small and new companies to compete. There are challengers amongst competitors as far as distribution, obtaining shelf space, and offering something unique fromRead MoreRatio Analysis of Coca Cola Essay2013 Words à |à 9 PagesSheet (2012) 9 Income Statement (2012) 10 Industry Average Ratios 11 Brief Introduction of the Coca-Cola Company The Coca-Cola Company is the worldââ¬â¢s largest beverage company, which in 2012 owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. The Coca-Cola Company owns and markets fourRead MoreFrog Leap Case1331 Words à |à 6 Pagesmany as 62000 cases of different variety of red wines. According to John Williams, he have developed the industry most sophisticated Environmental management system. The companies have employed some sustainable initiative, which have benefited them. Furthermore they want to become more ecofriendly and turn their sustainable investment into profit. The issues faced by the companies are raising energy cost, water scarcity, chemical exposure and climate change. Also they owe $22 million to bank. AdditionallyRead MoreSwot Analysis Of Coca Cola Company2034 W ords à |à 9 PagesIntroduction Consumers are able to choose from a large variety of soft drinks despite the fact there is a limited number of manufactures. When you consider the industry at a glance it is a very competitive market for the four United State manufactures, and the largest private label manufacture in the world (Chrystalleni Stivaros, 2016). Looking specifically at the Coca-Cola Company it will become clear how their strengths and them capitalizing on various opportunities, makes them the number oneRead MoreSample Resume : National Diploma Essay1743 Words à |à 7 Pages National Diploma in Business L5 ASSESSMENT TASKS Unit 1994 Version 6 Title Manage the development of small business ventures L 6 C 5 NOTE: USE SEPARATE SHEETS FOR YOUR ANSWERS. THE ANSWER SHEETS SHOULD INCLUDE THE CASES AND QUESTIONS AND MUST BE SUBMITTED IN SOFT COPY TO FACILITATE ANTI-PLAGIARISM CHECKING. Task 1.1 1.1 The current high rate of inflation has caused an increase in the cost of consumable items that cannot be immersed and still maintain anRead More5 Hour Energy Shot Business Proposal for the United Kingdom Expansion10942 Words à |à 44 Pages5 hour ENERGY Shot Business Proposal for The United Kingdom Expansion November 17, 2012 Florida International University ââ¬â MBA Class 2013 ââ¬â Group 7 Table of Contents Executive Summary.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦.2 Which Product and Why?â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦4 Target Consumer Marketâ⬠¦...â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦6 Labor Cost, Availabilityâ⬠¦Ã¢â¬ ¦...â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦10 Macroeconomic conditionâ⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã ¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦..â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦.â⬠¦12 Technology...â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Read MoreChile : A Market Oriented Economy With A Reputation For Active Foreign Investment Essay1462 Words à |à 6 Pagesby more than fifty percent, from the peak time of $4.5 per pound to the bottom of $2.05 per pound in 2015. Currently future contracts of copper maintain a stable price profile across delivery state until 2020, at the level of $2.1-2.3 per pound. In short-term, Chileââ¬â¢s GDP growth has been hampered by low copper prices and less active mining private investments. In 2014, Chileââ¬â¢s GDP is $258.1 billion with real growth rate of 1. 9%, much lower than previous yearââ¬â¢s growth rate of 4.2% (The World Bank 2015)Read MoreTthe Improtance of Note Taking1183 Words à |à 5 PagesNote taking Taking note is one of the best ways to prepare for exam. Reading different books, collecting information from other sources and merging all the notes together helps to gives a clear image and deeper understanding on specific topic. Using an outline format I try to get as much information as i can in a piece of paper and record the lecture at the same time as the tutor will not wait for the student to write notes down. Listening to the recorder again and again helps to reorganize my notesRead MoreThe Marketing Strategy Of Pepsi1828 Words à |à 8 Pagescombinations of syrups, juices, and spices to create a refreshing drink for customers called Pepsi. Today, Pepsi is the worlds leading multinational corporation in the food and beverage industry. The developers used a rare combination of vanilla and kola nut extract, and this mixture became popular amongst consumers. In the beginning the name of the drink was ââ¬Å"Bradââ¬â¢s Drinkâ⬠. Bradham then renamed it to Pepsi-Cola when he started to advertise the drink. Pepsi was officially patented in 1903, and sold throughRead MorePepsi Strategic Management Case Study Essay10439 Words à |à 42 PagesSTRATEGY 11.17 Recommendations 11.18 Evaluation 11. OBJECTIVES 12.19 Short-term 12.20 Long-term 12. ADDITIONAL RESOURCE 13.21 Works Cited Executive Summary: PepsiCo, as the second leading brand in non-alcohol drink industry in US, its main long-term objective is to catch up with the industry leader Coca-Cola and finally exceeds Coca-Cola to become the industry leader itself. First, PepsiCoââ¬â¢s mission is aim to become the worlds premier consumer products
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.