Business Administration University of Santo Tomas "SNAPPLE: REVITALIZING A BRAND" In partial fulfillment of the academic requirement for the course BA31 Brand Management Submitted by: Bandian‚ Alvin Co Ting‚ Annie May W. Fernandez‚ Anthony C. Francisco‚ Mary Abelaine J. Lee‚ Marvin John C. 4M5 Submitted to: Eric G. Pasquin‚ MBA Course Lecturer September 24‚ 2013 THE MAIN PARTS OF A CASE STUDY I. Background Information Snapple Corporation was established way back to 1972 in Brooklyn
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How would you characterize Snapple’s brand image? What are the sources of its Brand equity? Snapple’s brand is a customer-based brand. Snapple is the first company to produce a complete line of all-natural beverages and they were “made from the best stuff on earth.” In 1980‚ Snapple created the non-carbonated ready-to-drink beverages with fruit juices and iced teas. Snapple brand equity: Customers love Snapple The name of “Snapple” is attractive Quirky Logo and packaging Word-of mouth advertising
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Product: The Snapple product line is vast and spans many different flavors‚ many of which were unpopular. Only a handful of flavors held the product afloat‚ this in effect was due to the premium pricing of the product. The product in itself was marketed with the accompanying mantra of “100% Natural” and proved to be quite popular among a very difficult to define market segment. Snapple was neither defined as a “lifestyle” brand or a “fashion” brand‚ it was somewhere in the middle‚ generally grouped
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Snapple Case Study Despite the fact that many small startup premium fruit drink companies stayed small or even disappeared during the period from 1972 to 1993‚ Snapple was able to flourish. A large part of Snapple avoiding the fate of these other companies can be attributed to how successful it was in utilizing the four Ps of marketing‚ especially product and promotion. Of the four Ps‚ the marketing mix typically starts with the product‚ which is one area where Snapple separated itself from
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Plan Contingency Plan References Appendix Situation Analysis a.) Company Analysis: Snapple was created in 1972 by three friends‚ Leonard Marsh‚ Hyman Golden‚ and Arnold Greenburg. They started out as a small business called Unadulterated Food Products‚ Inc. selling all natural juices with unique flavor combinations. The company started selling carbonated apple juice in which they called “Snapple”. One one flavor that went viral and sold successfully well was Lemon Iced Tea. Snapple’s
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From 1972 to 1993‚ why did Snapple flourish when so many small start-up premium fruit drinks stayed small or disappeared? * Premium pricing allowed the company to introduce a variety of products‚ many of which were unsuccessful‚ while still remaining profitable * Hired a professional management team that used focus groups to improve label design‚ increased the advertising budget‚ and intensified the independent distributor system throughout the East Coast * Successful advertising and
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The Acquisition of Snapple by Quaker Oats In an effort to raise the company’s growth rate and avoid a takeover.Quaker Oats‚ acquired Snapple beverage corporation for $1‚7 billion‚a price considered by many to be valued a billion too much. Snapple captured a significant loyal following by being an innovator in the ready-to-drink tea.The RTD tea segment of the beverage market was a quick developing area with promising returns ‚that’s why it attracted giants like coca cola and Pepsico‚ who entered
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SNAPPLE CASE Table of Contents Question 1 ......................................................................................................................... 3 Figure1. Stages of managerial approach towards market. ..............................................................................3 Question 2 ......................................................................................................................... 4 Question 3 .
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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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Snapple Case Study Evaluation: Question and Answers 1. How would you characterize Snapple’s brand image and sources of brand equity? What are the strengths and weaknesses of the brands existing personality and image? Snapple’s brand image can be characterized “New Age” (pg. 329). Snapple was a nationally recognized brand on the rise in the beverage industry. Their brand image reflected on the quality of naturally flavored drinks which
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