Market and Competitive Analysis Market In the market‚ the soft drink industry is currently growing‚ with hundreds of registered brand names for carbonated soft drinks within the United States. Squirt competes with Coca Cola’s two grapefruit carbonated soft drink brand- Citrus and Fresca. Squirt also competes on a more broad level of the citrus flavored soft drink category with Pepsi-Cola’s Mountain and Mellow Yellow Surge. SWOT Analysis Strengths: Market Dr. Pepper/Snapple group distribute
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Squirt is a caffeine-free‚ low-sodium carbonated soft drink brand with a distinctive blend of grapefruit juices that gives it a tangy‚ fresh citrus taste. Squirt is the best selling carbonated grapefruit soft drink brand in the United States. The origin of Squirt can be traced back to 1938 when a man named Herb Bishop began experimenting with Citrus Club. Bishop created a new carbonated soft drink that required less fruit and sugar to produce compared to other sodas that were being made at the time
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Squirt - Nature of industry‚ market‚ and buyer behavior In the United States‚ people consume more carbonated drinks than tap water. Research has shown that the average American drinks about 53 gallons of soft drinks per year. However‚ soft drink consumption has declined over the past few years (Kerin & Peterson‚ 2004). The soft drink industry has three major participants in the production and distribution; concentrate producers‚ bottlers‚ and retail outlets. Concentrate producers are responsible
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coolers and vending machine. (Details to convince): In the United States‚ Dr Pepper Snapple Group does not have a complete network of bottlers and distributors‚ so the drink is sometimes bottled under contract by Coca-Cola or Pepsi bottlers. Currently‚ the majority of Pepsi and Coke bottlers bottling Dr Pepper are owned by PepsiCo and The Coca-Cola Company after their buyouts of their major bottlers. Presently‚ Dr Pepper Snapple relies on its own bottling group to bottle and distribute its products
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Assignment 3.4 – Case Study: Dr. Pepper Snapple Group‚ Inc.: Energy Beverages 1. How would you characterize the energy beverage category and competitors in late 2007? A slow growing market is a great way to characterize the energy beverage category in late 2007. This industry was increasing in profits still but was not increasing in profits as quickly due to factors such as market maturity‚ increasing in prices‚ competition and new hybrid products (Kerin & Peterson‚ 2010). The market was still
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1. How would you characterize the energy beverage category and competitors in late 2007? The energy drink market is very competitive as it has several major brands in play. These brands include Red Bull‚ Monster Energy‚ Rockstar‚ and PepsiCo’s AMP. The major purchases of the energy drinks are made in the convenience stores‚ supermarkets‚ and mass merchandisers as they account of 71% of the retail sales compared to 29 percent of sales made in restaurants and night clubs (Kerin & Peterson‚ 2010)
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Case Analysis Dr. Pepper Snapple Group‚ Inc.: Energy Beverages 1. How would you characterize the energy beverage category‚ competitors‚ consumers‚ channels‚ and DPSG’s category participation in late 2007? The energy beverage category was the fourth largest nonalcoholic beverage category in America during 2006. While it wasn’t among the top three‚ it was the fastest growing beverage category. The energy beverage market is primarily led by three big name brands including Red Bull‚ Monster Energy
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DISCUSSION QUESTIONS FOR DR. PEPPER SNAPPLE GROUP _1. HOW WOULD YOU CHARACTERIZE THE ENERGY BEVERAGE CATEGORY‚ COMPETITORS‚ CHANNELS‚ AND DPSG’S CATEGORY PARTICIPATION IN LATE 2007?_ In late 2007 the energy beverage category was reaching market maturity and projected to have a slower annual growth rate from 2007 to 2011 (10.5%) than it had between 2001 and 2006 (42.5%). Rising prices‚ packaging competition‚ and the introduction of hybrid energy beverages also added to the slower projected growth
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Problem Andrew Barker‚ a brand manager for Snapple beverages at the Dr. Pepper Snapple Group‚ Inc.‚ must assess whether or not a profitable market opportunity exists for a new energy beverage brand to be produced‚ marketed‚ and distributed by the company in 2008. He has about 3 months to determine the market opportunity. SWOT Strengths | Weaknesses | * Strong portfolio of leading consumer-preferred brands * Integrated business model * Strong customer relationships * Attractive positioning
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Dr. Pepper Snapple Group‚ Inc. (DPS) is an integrated beverage brand owner‚ manufacturer‚ and distributor of non-alcoholic beverages in the U.S.‚ Canada‚ and Mexico and the Caribbean. Their headquarters is in Plano‚ Texas‚ and Dr Pepper Snapple Group‚ Inc. is a leading provider of flavored carbonated soft drinks and non-carbonated beverages. They have built their success through strategically acquiring beverage brands and then building them into leaders in their category. Examples of their notable
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