1- What is Chris considering doing and what factors will he have to align to be successful? With Mountain Man Beer Company (MMBC) experiencing recent declining sales for the first time in its history representing a 2% loss in revenue the previous year and prospect of continuous decline‚ Chris is considering launching Mountain Man Light Beer as a brand extension aligned with changes in beer drinkers’ preferences‚ seeking to maximize market coverage while minimizing brand overlap and at same time
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Mountain Man Brewing Company was established as a family concern in 1925 in West Virginia by Guntar Prangle. The company brewed single-product beer‚ Mountain Man Lager‚ which won “best beer in West Virginia” and was elected as “America’s Championship Lager”. Mountain Man Lager featured quality‚ bitter favor and slightly higher-than-average alcohol content that uniquely contributed to the company’s brand equity. Mountain Man was a local market leader and distributed its lager in several states outside
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your beer extensions. Introductory marketing need not create awareness. Possible packaging and labeling efficiencies. Brand loyalty With a rate of 53% in the East Central region. Mountain Man brand loyalty rate is higher than that of competitors (42% Budweiser and 36% for Bud light) Strong associations to Mountain Man Lager Brand Defined as for working-class‚ tough‚ down-to-earth and not ‘corporate’ but local‚ authentic brand with strong heritage. The young would not like to be associated with
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Miranda Dykes MGMT 4513 Case Study Coors Brewing Company Overall performance is closely linked to a company’s operations and how they meet objectives to obtain certain outcomes. The story of Coors’ performance is told in Exhibits 9-10 in the Strategic Management textbook ; despite increased capacity‚ operating income as a percent of sales declined by 11% in 1985. Even more telling are the changes in pure operating income across the industry. From 1977 to 1985 Coors declined by 14.7%‚ while others
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MMBC is considering introducing a Mountain Man Light beer to attract younger drinkers to the brand. MMBC ultimately would like to reposition the brand to drive sales of Mountain Man Light to young people without eroding the core brand equity. The reason MMBC should consider doing this is because over the previous six years light beer sales in the U.S have been growing at a compound annual rate of 4% while traditional beer sales have been declining annually at the same rate. MMBC has been experiencing
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Harlem Brewing Company is Black Owned and Growing Fast Celeste Beatty hopes that WalMart can do for her beer what they did for Patti LaBelle’s pies. Beatty is the owner of The Harlem Brewing Company‚ a black-owned brewing company that has been serving the people of the local area for 15 years. The business‚ which started as a small brewery run out of her apartment‚ will take a giant leap forward when it hits Walmart’s shelves in 39 locations throughout New York. Just look for names like Sugar
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------------------------------------------------- Mr. Prangel as we all know Mountain Man Beer Company has been in the market over eight decades; manufacturing a beer known for its authenticity‚ quality and toughness. In all these years we have seen many regional breweries vanished by fatal decisions. Mountain Man Beer Company is still standing strong in the market‚ yet it has come the time to make a crucial decision regarding the future of our company. Before I present my recommendation I would like you to know
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New Belgium Brewing Company Name College Business Ethics Though most companies commonly mentioned as examples of ethical and socially responsible organizations are large corporations‚ it is the socially responsible initiatives of small businesses that often have the most impact on local communities. These businesses generate jobs and provide goods and services for customers in smaller markets that larger firms that often are not interested in aiding
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CASE STUDY: MOLSON COORS BREWING COMPANY 1. COMPANY HISTORY‚ DEVELOPMENT AND GROWTH The Molson Coors Brewing Company is an alcohol beverage company. It manufactures and markets beers and other beverage products through its subsidiaries across the world. Commercializes its products under a line of owned and partner brands. MCBC operates through four reportable segments‚ namely‚ Canada‚ the US‚ the UK‚ and Molson Coors International (MCI). Some of its major brands include Coors Light‚ Molson
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Recommendation for Mountain Man Beer Company (MMB) Although the launch of a new product is always going to be a risk‚ banking on the withering demand for a single offering is surely not going to alter the fortunes of the Mountain Man Beer Company. More importantly‚ light beer is the largest sales opportunity and it is what the market demands‚ therefore‚ to introduce the Mountain Man Light can be a gateway necessary for MMB to attract new customers and expand its market. Here are a series of recommendations
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