Preview

marketing and sale

Better Essays
Open Document
Open Document
5020 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
marketing and sale
Content
Introduction……………………………………………………….2
TOWS analysis……………………………………………………3
Country specific and Firm specific advantages……………………5 Value Chain……………………………………………………..6
Potential Market Assessment ……………………………………..7 PESTEL analysis………………………………………………..7 Porter’s Forces…………………………………………………..8
Recommendation…………………………………………………..9
Marketing Mix………………………………………………….9 Analysis the Brazilian market…………………………………..10 Conclusion ……………………………………………………..12
6. References…………………………………………………………13
Introduction
Innocent Drinks Company is the fastest emerging and favorite fruit smoothie brand producing company in UK .They sold their products in supermarkets, coffee shops and various other outlets. The team from three founders has expanded over 250 people and has grown from zero to 80% market share in UK and has a turn over more than £ 100 million every year and sells two million bottles of smoothies every week. It functions through eight fruit offices across Europe i.e. London, Paris, Amsterdam, Copenhagen, France, Brussels and so on. In the case, the three co-founders of Innocent discuss the international expansion they could achieve thanks to the injection of cash from and global experience of the Coca Cola company. With the goal of becoming the biggest small drinks company in the world, they are currently operating in 15 countries and they have set their sights on launching in a BRIC market. They have to decided to commission a firm of consultants to consider the viability of Brazil as a market in which to launch their smoothies. Entering to a new market is very significant as it will make the brand becomes global. Beside that the company needs to do marketing research for new market, identify internal competitive advantages of the company. This essay, therefore, discuss what are support for Innocent and how they entrant to Brazil’s market.
1061845423859
1. TOWS analysis
Opportunities.
health



References: 1. BBC (2009) "Coke buys into Innocent smoothies". BBC News. 7 April 2009. http://news.bbc.co.uk/2/hi/uk_news/7986901.stm [Retrieved on 24th Dec 2. CIPD (2013) PESTLE analysis. Chartered Institute of Personnel and Development (UK) http://www.cipd.co.uk/hr-resources/factsheets/pestle-analysis.aspx [Retrieved on 26th Jun 3. Johnston, R. (2008) The Price of Fruit. Innocent Drinks. October 15, 2008 http://innocentdrinks.typepad.com/innocent_drinks/2008/10/heres-some_simp.html [Retrieved on 26th Jun 4. Medders, C (2013) The History of Smoothies. e-How.com. Demand Media, Inc. http://www.ehow.com/about_5379586_history-smoothies.html [Retrieved on 26th Jun 5. Ball, J. (2011) Innocent smoothie maker says charity cash bottled for best interest rate.The Guardian, Thursday 26 May 2011. http://www.theguardian.com/uk/2011/may/26/innocent-smoothies-charity-cash [Retrieved on 28th Jun 6. Menon, A., Bharadwaj, S. G., Adidam, T. P. and Edison, S. W. (1999). Antecedents and Consequences of Marketing Strategy Making. Journal of Marketing (American Marketing Association) 63 (2): 18–40 7 8.Buckley, P. J., & Casson, M. (2010). Marketing and the multinational: Extending internalisation theory. Journal of the Academy of Marketing Science, doi:10.1007/s11747-010-243-0. 9. Carpano, C., Chrisman, J. J., & Roth, K. (1994). International strategy and environment: an assessment of the performance relationship. Journal of International Business Studies, 25(3), 639–656 10 11. Trichy V. Krishnan, Frank M. Bass, V. Kumar (2000) Impact of a Late Entrant on the Diffusion of a New Product/Service. Journal of Marketing Research: May 2000, Vol. 37, No. 2, pp. 269-278. 12. W Van Waterschoot, C Van den Bulte (1992) The 4P Classification of the Marketing Mix Revisited. The Journal of Marketing, Vol. 56, No. 4 (Oct., 1992), pp. 83-93 13 14. Deepak Sirdeshmukh, Jagdip Singh, Barry Sabol (2002) Consumer Trust, Value, and Loyalty in Relational Exchanges. Journal of Marketing: January 2002, Vol. 66, No. 1, pp. 15-37. 15. Sylvie Chetty, Colin Campbell-Hunt (2004) A Strategic Approach to Internationalization: A Traditional Versus a “Born-Global” Approach. Journal of International Marketing: Spring 2004, Vol. 12, No. 1, pp. 57-81.

You May Also Find These Documents Helpful

  • Good Essays

    Marketing and Product

    • 3133 Words
    • 13 Pages

    Company G, a company with a terrific history, produces high quality small appliances. Company G’s reputation speaks for itself, having earned the title of one of the most Reputable companies today. N Company G is continuing this by introducing our new appliance called G camera X.…

    • 3133 Words
    • 13 Pages
    Good Essays
  • Powerful Essays

    Marketing and Product

    • 2896 Words
    • 11 Pages

    In today’s world, it seems as if everyone is constantly on the go, leaving little time to tackle the simple tasks. These tasks often make the difference between someone having a horrible day and having a great day. Preparing and eating a delicious and nutritious breakfast is one of those daily duties that will make the difference. However, in a study published by the American Diabetic Association, more than 1/3 of the United States skips breakfast, the most important meal of the day, due to demanding schedules and hectic morning routines. From busy working moms, to overwhelmed college students, everyone deserves a chance at a quick and healthy breakfast to begin a great day. Because Company G is dedicated to…

    • 2896 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Marketing and Product

    • 893 Words
    • 3 Pages

    1) What are the major points of difference for the Activeion portable handheld cleaning and sanitizing devices for a) business users and b) households? a) The first question about business is that it meets the demand for “Green” cleaning all firms would like to report that. It has no negative environmental and health concerns that other brands have. Other cleaners have risk associated with producing, packaging, transporting and using. It is small in size but water is cheap and plentiful in a corporation along with being durable. b) The reason that this product would be great for households are it is chemical free and very portable. This would be the only product needed for the whole household. The product could clean the bathroom, kitchen, kids toys, and safer for children. No more putting child proof locks on all the cabinet doors along with the concern of calling poison control.…

    • 893 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Innocent drink

    • 1221 Words
    • 4 Pages

    “Innocent drinks” is company that selling famous drinks in The United Kingdom which started by 3 Cambridge students in 1999. This is a drink that makes with 100 percent pure and natural fruit juice. Smoothies are the primary product of “Innocent drinks” and people are aware of it due to its healthy image. The company provides different product range and the distribution of channels covered most of the supermarkets, coffee shops and etc. For every year “Innocent drinks” will donate 10 percent of their profits to charity and this called The Innocent Foundation. This foundation has helped a lot of people. This report will analyses the process of “Innocent drinks” from 1999 to 2013.…

    • 1221 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    In a globalized world, companies are faced with fierce competition from its competitors, and in order to survive in the given industry, it is essential that companies develop and formulate sustainable issue- and crisis response strategies. They are an integral part of corporate communication which can be defined as “a management function that offers a framework and vocabulary for the effective coordination of all means of communication with the overall purpose of establishing and maintaining favourable reputations with stakeholder groups upon which the organization is dependent.“ (Cornelissen, 2011, p. 5) It was the UK which first enjoyed the taste of Innocent smoothies as the company introduced its products in 1999. In 2003, the UK government realized that obesity was becoming a problem, and as a result launched the 5 a day…

    • 7373 Words
    • 30 Pages
    Powerful Essays
  • Better Essays

    Marketing and Product

    • 2696 Words
    • 11 Pages

    a. We have asserted that marketing is really the strategic idea of ‘connectedness’ with customers. From the perspective of your final project company, identify and discuss how your company connects with its customers – select from either the marketing concept or the selling concept. Be sure to define each concept and be detailed in your response.…

    • 2696 Words
    • 11 Pages
    Better Essays
  • Best Essays

    Innocent Drinks

    • 3822 Words
    • 16 Pages

    Background information about Innocent Drinks .....................................................1 Background information about the beverage industry ............................................2 Innocent Drinks’ success factors .............................................................................5 The possible options for the company founders......................................................7 4.1 4.2 Sell the company ............................................................................................7 Growth options ...............................................................................................8 4.2.1 4.2.2 Enter new markets ..............................................................................8 Expand the product portfolio..............................................................8…

    • 3822 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Richard Reed Profile

    • 879 Words
    • 4 Pages

    The three founders of Innocent Drinks - Adam Balon, Jon Wright and of course, Richard Reed all met at Cambridge and after all of them being in a full time job for four years they decided that they should fulfill their dreams and the general discussions they had at university, of setting up their own business. When thinking up an idea for the business they wanted to come up with something that made people’s lives a little bit happier or easier in the long term. Their first idea was a bath that automatically filled up with water to the desired level and temperature, and they also had plans to bring swipe card technology to front doors. Despite their enthusiasm for the ideas they realized they knew nothing about the technology that was involved and they also thought that they would have a difficult job of convincing people to have a big bit of technology in their doorway. Then the ‘eureka-moment’ came when they realized that they were working such long hours and when they had finished for the day the only place open for food was a kebab shop. They saw a gap in the market for something that was a small and easy way of doing something healthy that didn’t take any time. However that was only the idea.…

    • 879 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Innocent drinks develops its customer relationship strategies according to the target audience, in order to retain new and existing customers both in the b2b and b2c UK market, shaping and stretching its relationships across 4 key groups: customers; suppliers; internal audience and stakeholder.…

    • 1515 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Innocent Drinks

    • 1248 Words
    • 5 Pages

    ^ Tryhorn, Chris (2009-04-07). "Smoothie operators Innocent tread familiar path to lucrative deal". The Guardian (London). Retrieved 2010-05-05.…

    • 1248 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Innocent Drinks was started by three friends in 1999 that developed premium smoothies that contained 100% natural fruit with no water or added sugar. The aim was to provide people with quick ready-to-go and healthy food and drink options. The company is now one of the best-loved and fastest growing businesses in Britain. The highly successful Innocent Drinks sells $2 million smoothies per week across Europe, building a 72% market share in the 8 years since they were founded (Anne 2008). They give 10% of their profit to charity and continually participate in fund-raising activities such as ‘The Big Knit’. Throughout the years, Innocent has managed to sustain a creative work culture and stay true to their brand values. Their skilful recruitment of staff ensures that people working for them share the same vision for the company thus are driven to success. Another strategy that has been a success for them is their branding using straightforward and simple approach with friendly and cute labels and commercials (Jonathan Salem 2009). To raise their funds and expand further, their ventures with big companies such as Coca-cola have been a great step in expanding the business into Europe. The aim of this piece of work will be to analyse the success of Innocent Drinks by using the Competing Values Framework and PESTEL analysis to ascertain the future prospects of the company over the next few years. This will be done by looking at all the different aspects of the company and how they contribute to its success.…

    • 1632 Words
    • 7 Pages
    Better Essays
  • Good Essays

    International Trade & Academic Research Conference (ITARC ), 7 – 8th November, 2012, London.UK. Product diversification (2010) TheProduct.com: Market Problem Solving. Retrieved December 6, 2010 from http://www.theproduct.com/marketing/diversification.htm Riadzany (2010). Observation from the medina of Fez in Morocco. Retrieved November 22, 2010, from: http://riadzany.blogspot.com/2010/08/coke-still-top-of-pops-in-morocco.html Salas, R. E. (n.d.). Summit Communication. In Coca-Cola Makes Gains in Inca Territory. Retrieved October 1, 2010, from http://www.summitreports.com/peru/coca.htm Sivny, L. (2007). Improving firm performanceby matching strategic decision-making processes to competitive dynamics. Academy of Management executive , 2004, Vol.18, No.4 Soft Drinks in Morocco. (2010). euromonitor international , Retrieved November 25, 2010, from: http://www.euromonitor.com/Soft_Drinks_in_Morocco Taylor, Rod. (2005). The meal deal. Promo, Vol. 18 Issue 10, p. 81-82. Retrieved from Business Source Premier database Tobis, David. (2001). How Coca-Cola keeps its corporate image bubbly. Business and Society Review, p. 71-74. Retrieved from Business Source Premier database. Van Heerden, C. H., & Barter, C. (2008, March). The Role of Culture in the Determination of a Standardized or Localized Marketing Strategy.Department of Marketing and Communication, University of Pretoria, 37-44. Van Mesdag, M. 2000. ‘Culture-sensitive adaptation or global standardisation – the duration-of-usage hypothesis’, International marketing review, 17(1):74-84 Veale, David, Oliver, Lynn & Van Langen, Kees. (1995). Three Coca-Cola perspectives on international management styles. Academy of Management Executive, Vol. 9 Issue 3, p. 74-77. Retrieved from Business Source Premier database. Walsh, J. (2003). Why trying to reorient a brand can burn your fingers. Business Strategy Review, 14(4), 61-67. doi:10.1111/j..2003.00287.x. Weisert, D. (2001.). Coca-Cola in China: Quenching the Thirst of a Billion. CBR. http://chinabusinessreview.net/public/0107/weisert.html Wilkins, T. (2009). Coca-Cola emphatically denies human rights violations in its China businesses. ChinaStakes.http://www.chinastakes.com/2009/4/coca-cola-emphatically-denies-human-rightsviolations-in-its-china-businesses.html World Info zone (2010). Coke Vs Pepsi in the Middle East. Retrieved from Business source premier.…

    • 10141 Words
    • 41 Pages
    Good Essays
  • Best Essays

    Emirates Assignment

    • 3736 Words
    • 15 Pages

    University of New South Wales – Sydney. (1999). A model of Global Marketing in Multinational Firms: An Empirical Investigation…

    • 3736 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    innocent marketing analysis

    • 3798 Words
    • 13 Pages

    Coca-cola buys stake- The US drinks giant; Coca-cola has bought an 18% stake in Innocent smoothies in 2009 for 30 million pound and has now upped its shareholding to 58%. (BBC News, 2010) Innocent’s moral and ethical stance has bought into question as they always advocate helping people live well and die old.…

    • 3798 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Our Time

    • 1350 Words
    • 6 Pages

    VEGGIN’ IS A SMOOTHIE BUSINESS THAT VALUES BOTH HEALTH OF THE MIND AND BODY. IT WILL BE LOCATED BY THE COLLEGE TOWN OF THE UNIVERSITY OF MINNESOTA IN MINNEAPOLIS, MINNESOTA, WHICH IS A BUSY COLLEGE TOWN. THE MISSION OF VEGGIN’ IS TO CREATE A RELAXING AND COMFORTABLE ATMOSPHERE WHERE A COLLEGE STUDENT WITH A HEAVY WORKLOAD CAN COME AND ENJOY A HEALTHY SMOOTHIE AND CAN EITHER HANG OUT WITH FRIENDS OR BRING THEIR COMPUTER OR STUDY GROUP TO WORK ON HOMEWORK. WE SELL A VARIETY OF SMOOTHIES WITH DAILY SERVINGS OF BOTH FRUIT, VEGETABLES AND DAILY VITAMINS. ALL OUR SMOOTHIES ARE HANDMADE AND ONLY INCLUDE THE FRESHEST OF INGREDIENTS. OUR IDEAL CUSTOMERS ARE 18-25 YEAR OLD YOUNG ADULTS AND THEY ARE ADULTS WITH A USUAL LOW INCOME, AND WE RESPOND TO THAT WITH LOW PRICED SMOOTHIES. SMOOTHIES WILL BE 2.99 AND ALL ONE SIZE, MEDIUM, WHICH IS A HEALTHY INTAKE. OUR PRODUCT WILL STAND OUT TO THE CROWD DUE TO THE FACT THAT WE HAVE A VERY HEALTHY PRODUCT AND ATMOSPHERE WHERE YOU CAN BRING YOURSELF WHEN YOU FEEL LIKE YOU NEED TO UNWIND OR WHEN YOU NEED TO GET SOME WORK DONE. ERIN O’TOOLE IS THE BUSINESS OWNER AND HAS WORKED AT MANY OTHER SMOOTHIE BUSINESSES BEFORE AND HAS DECIDED TO CREATE ONE HERSELF WITH NEW IDEAS. SHANNON AND MOLLY O’TOOLE HAVE BOTH WORKED IN SMOOTHIE BUSINESSES AS WELL AND THEY WILL BE HELPING ERIN ALONG THE WAY WITH THE BUSINESS. FUTURE PROSPECTS FOR OUR BUSINESS AND INDUSTRY IS THAT WE HOPE TO EXPAND AND ACCOMMODATE THE NEEDS OF OUR CUSTOMERS AND TO CREATE A HEALTHY ENVIRONMENT. WE WILL BE TAKING OUT BANK LOANS AND USING OUR OWN FINANCES TO CREATE THIS BUSINESS AND WE WANT TO USE AS LITTLE AS POSSIBLE TO GET THE JOB DONE. OUR JOB HERE IS TO CREATE A FUNCTIONAL AND HEALTHY WORKPLACE AND BUSINESS AND WE WILL DO WHAT IT TAKES TO ACHIEVE EACH AND EVERY GOAL WE MAKE.…

    • 1350 Words
    • 6 Pages
    Good Essays