The Influence of Brand Positioning on Sale of Amstel Malt in Victoria Island, Lagos.
By
Obinna Ojekwe
PAU/SMC/MSCPT6/140017
October 2014 CHAPTER ONE
1.1 BACKGROUND OF THE STUDY
By virtue of Nigeria’s population of an estimated 150 million citizens, Nigeria is an attractive market to investors resulting from the size of her market. The beverage market is a thriving industry in Nigeria, with numerous brands of alcoholic and non-alcoholic beverages all fighting for market share. Malt drinks are non-alcoholic beverages made from barley and flavored with hops (similar with beer), they follow the same brewing process as beer, but the fermentation period is significantly shortened from about 14 days to 2 days. This removes the alcoholic content; Malt drinks are also called non-alcoholic beer.
Globally, the market for non-alcoholic beer (malt drinks) is significantly smaller than that of alcoholic beers, its market is steadily growing with global consumption of non-alcoholic beer increasing yearly. Though the Middle East currently has the largest market for non-alcoholic beer, the Nigerian market deserves some recognition.
Presently, Nigeria has numerous brands of malt drinks with the most popular brands being Hi Malt, Malta Guinness, Grand Malt, Maltina and Amstel Malta (Obuzor & Ajaezi, 2010). The battle among these brands for market share is fierce, with the different brands applying different marketing strategies
Terre Haute Brewing Company (THBC) is the second oldest microbrewery in the United States. The microbrewery was officially founded in 1837 and has gone through many transformations over the years. With them experiencing the prohibition of alcohol, the brewery had many challenges to face. The manager of Terre Haute Brewing Company said that their rich history is their biggest advantage. The microbrewery has old history that a company cannot just acquire.
A History of the World in 6 Glasses, by Tom Standage, discusses the influence of various drinks on certain events and throughout the course of history. The drinks we read about in this book are beer, wine, spirits, tea and (from the epilogue) water. The overall purpose of this book is to explain and prove that each of these drinks had a profound effect on the world. Tom Standage is a digital editor and an author who wrote a plethora of books on an array of events and times throughout history. That being said, Standage’s work can be trusted and recommended as he is a qualified writer.
However, when beer was discovered it became moderately prevalent and a necessity to some degree. It was used in religious formalities as it was thought to be a gift from the Gods. It was used for social collaborations as well. In order to keep up with its high request, hunter-gatherers had to deliberately farm. One of the key reasons for its popularity was its ability to be stored which was Unlike anything they’ve ever seen before as the ability of previous food sources were not up to that level of technologies for the storage of the grain.
Beer: Beer was not particularly an invention, Standage says, it was more so a discovery, when it came about in the Mesopotamia society around 3400 BCE. Water was the only beverage the Mesopotamians ever knew, until they came upon a new drink derived from barley, wheat, and cereal grains. Beer had become the staple beverage of the earliest civilizations. Both rich and poor people consumed beer.
Introduction In “A History of the World in 6 Glasses” by Tom Standage, the author makes the argument that certain beverages (e.g. beer, wine, spirits, coffee, tea, and cola) have shaped and affected human history. He states that by examining the processes and lengths at which the drinks were made will allow for an in depth look of certain eras in time. Many factors play a part in the course of history and beverages are an intricate part of that development. The argument that Tom Standage makes in the introduction of the book is a compelling one that although is a unique take on history it is not one that is outlandish.
This book reveals to us how beer and wine were used for cultural, social, political, and even medical purposes. Finally, Standage shows us how civilizations grew by the spreading of beer and wine, and how the spreading of these drinks spread culture around the world. To Standage beer and wine is a technology that played huge role in the developing and advancing civilization. In the introduction, Standage states that throughout history various drinks have/had such high significance
A History of the World in 6 Glasses by Tom Standage is not the typical history read that one might expect. To some who find reading history books quite tedious and overwhelming, this book is for you. Standage divides his book into 6 main sections via beverages: Beer, Wine, Spirits, Coffee, Tea and Coca-Cola. These drinks, which all started as a form of medicine, not only have great affects on today’s social culture but have also affected the historical spread of technology, religion, exploration, trade, slavery, and noteworthy worldwide events that changed society. As Standage describes it, Beer was a representation of both liquid wealth and health during the early civilizations in Egypt and Mesopotamia.
Contents Terms of Reference 2 Procedure 2 Findings 3 Current Structure 3 New Structure 4 Employee Relationships 4 Instructing Staff 5 Contingency Variables 5 Conclusion 6 Recommendations 6 References 7 Appendix A 8 Terms of Reference I am a HNC business student. I am writing this report as part of my course. This assessment covers outcome 4 of the Managing People and Organizations' class.
Electrolyte Challenge: Sports VS Orange Juice Every year sport drink companies spend millions of dollars on advertising there drink they advertise what the drink can do and how it can help you stay awake during your day but what they advertise the most are the electrolytes they supply to your body. Electrolytes are minerals in your blood that you lose from sweat, they transfer energy through your body regulate fluid balance and transport nutrients they are very important to your health and help you overall with your day. In my project i am experimenting which gives you more of the needed electrolytes that help you stay awake. Sports drink A glance at the beverage aisle in a supermarket shows that sports drinks are growing in popularity
Market size: this factor has great effect of the Crescent pure product according to the market research the market for energy drink is growing 40%, in the year 2010 to 2012, and its revenue forecasted from 2013, is $8.5 billion to $ 13.5 billion in 2018.It’s means gap for the further potential is prevail, in this situation the company should position in such away which is new for the customers. Consumer Perception: this factor also affects the positioning of the product because with the help of this factor firm know the behavior of customers about the product. If we look to the example of Crescent they have low price strategy over the rivalry, some consumer said that this low quality product. Brand reliability is the factors which inspiration the crescent positioning approach, alteration in the brand can result in change of product
Conclusion The GC ethanol analysis method described above has a simple concept, its rapid, and extremely accurate, determining ethanol precisely without interference from other beverage components. With this method, it takes only 7 to 8 min to complete a sample analysis for the determination of ethanol content in a beverage sample. Analyst handling is minimized to prevent deviation in results or possible human error. This method requires a gas chromatograph and a digital integrator, both reasonably expensive and sophisticated pieces of equipment.
2) will the same strategy applied lead to an increase in household penetration of the brand? Marketing Research Problem: 1) To determine whether the Pillsbury baking experience resonated with customers 2) To analyze the existing attitude and usage of consumer regarding RBG cookies in multiple markets of USA and Canada 3) To visualize brand perceptions of customers in multiple markets namely USA and Canada PROBLEM
Introduction The topic which is critical issues on the implications of teens and children’s consumptions of sodas and other sugary beverages. Beverages are different types of drinks made for human consumption to quench thirst. Sugary drinks or soft drink
ABOUT THE SOFT DRINK INDUSTRY: The term "soft drink" refers to all types of nonalcoholic, carbonated, sweetened, flavored beverages. Nonalcoholic soft drink beverage market can be divided into fruit drinks and soft drinks. Soft drinks are available in glass bottles, aluminum cans; PET bottles are disposal containers can be divided into carbonated and non-carbonated drinks. Soft drinks are being manufactured since so long. There are various flavors in soft drinks that are lemon, orange, mango and cola.
.za) SWOT Analysis Strength: • Brand reputation and loyalty • World wide distribution • South African largest producer of wine, spirit, ciders and RTDS • Ranked second in the world for cider production • Broad brands and product variety • Improved production technology, innovation in products, packaging and marketing Weakness • Cost of packaging • High costs of raw materials • Intense competition means market growth is limited • Cheaper brands emerging • Failure to deliver superior product and service at competitive price points • Unavailability of grapes and apples to meet demand for wine and cider brands across the quality and cultivar spectrum Opportunities • Product extension • Expansion into other Africa countries • Growing demand for gluten free ciders • Joint venture capital • Increase popularity of premium brans • Sustainable movement • Growth in emerging markets