It is an Energy Drink. The price of one can of Spry Horse is Rs.50.
Brand Ambassador: Shahid Afridi
Industry/ Category Analysis:
We give people more choices on what to drink as there are a lot of flavors of our drink eg: Chocolate, Strawberry, Orange, Sugar free. Our industry analysis is following:
Overview:
• Spry is a nutritional energy drink that is specially formulated to supply the entire body with effective ingredients consisting of vitamins, minerals and neuro-active ingredients for the brain that all work to provide the body with the nutrition necessary to empower both the "Mind and Body" to maximize mental and physical performance. In today 's demanding lifestyles it is easy to feel mentally and physically drained, by Spry energy
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In geographic segmentation we offer different schemes for the different geographical units such as states, regions and cities. Our markets are mainly divided into the rural and urban areas. Spry Horse limits itself to semi urban and urban Pakistan as that is our major consumer base. Distribution of Spry Horse is constant across regions in Pakistan. In demographic segment our main target are the teenagers and college students (15-22 years), young adults ranging from (22-35 years) and working professionals. In behavioral segmentation we are targeting the first time users and also our regular users. Our target is super markets, movie halls, bars, motor ways and …show more content…
This can be done by changing the “extreme” and “grungy” perception of spry horse to generate a more positive mainstream image. Additionally spry horse low calorie and sugar free drink options should be highlighted in hope of attracting more females, many of which are part of health conscious trend.
SITUATION ANALYSIS
COMPETITORS
• Spry Horse primary competitor is Red bull North America Inc. which nearly holds half of the market share.
• Spry Horse secondary competitors are Rockstar international, followed by Amp which is owned by PepsiCo Inc.
• Rockstar has less than 10 % of the market share and Amp has 3 %.
• Rockstar and Amp’s sales have gone down in the past year. While Red bull’s has continued to increase by nearly 10 %.
CREATIVE PLAN
CREATIVE STRATEGY
Spry Horse’s message will remind consumers of versatility that their energy drinks athletes, gamers, business workers, truck drivers, etc. When used properly Spry Horse is an effective way to battle physical and mental fatigue for extended periods of time and when using it you can be and do whatever you set your mind to. CENTRAL THEME
All messages will focus on the fact that “Drink Spry Horse”. It’s all you need to be athletic, energetic, or
Equestrian sports have been entertaining humans for centuries. Many of these sports have turned fun entertainment into a business. The focus has changed from having fun to making as much money as possible. In every equestrian sport, questionable things are done to train and get horses to their “best” potential. Equestrian sports should have stricter regulations and enforcement in order to ensure and maintain the safety of the horse.
Assessment of STP Options Both behavioral segmentation and age segmentation are strategies that can effectively divide consumers into two major markets
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It’s very clear the Mountain Dew Kickstart drink is looking to be a hip and alternative energy drink. Today weird and “out there” get positive
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(3) Finally we implement our segmentation by optimizing our products/services for that particular segment and communicating the decision made. Answer: (b): United Airlines segments its global markets using psychographic data collected about its customers. It divides them into the following categories: Schedule optimizers: These type of costumers aim to reach their destination by a certain specific time and select their flights accordingly. Mile accumulators: These customers go out of their way to take flights that will build up their air miles entitlement.
The world of a rodeo animal is said to be bad, but really is not all bad. Yes, I understand that it is not all good. There are some bad apples in every tree. Some people would say that we made them mean and mad to get a good show, but really we don’t. Like “bunking horses are just horse that love to buck, they come from racetrack, feed lots, ranches, and just about everything equine.”
Racehorse Trainer Patience, love and commitment is needed to train these amazing horses, so be prepared and you’ll see and learn that the most and satisfying animals can be skillfully with the help of clever trainers. So let’s get ready to hurtle around, because there is no fooling around in this job. Now let’s make these anxious mare/colt gallop in this early cool sunrise (Clip-Clop, Clip-Clop). Adjust those bridles and halters, just be prepared because those horses don’t always wake up to a good mood (Neigh, Neigh).
However, the majority of consumers do not understand the way they work and often abuse with the consumption of the substance. Furthermore, a great amount of them are unaware of what effects can be caused on the human body. Many consumers agree that energy drinks actually provide the human body with the desired energy. The reason behind this effect is caused by the high amounts of caffeine and sugar.
The next step is to create a unique slogan for the target customers. As per you target customers make slogan which shows the customer intensity. Here in the case given they show us the energetic drinks, which mean that create the demand for that product. Recognize your
Targeting is the next step after segmentation and requires that the needs of the target market are met. Next
Red Bull’s advertising campaign revolves around the slogan Red Bull gives you wings. The energy drink wants to be synonymous with excitement and risk-taking, and it has succeeded at this attempt through various advertising campaigns. Red Bull has associated itself with action sports and its recent association with extreme sports such as sky diving and motor racing gives brand the feel of flying with the
Market are segmented in order to make it easier for businesses to target these segments according to the features and habits they exhibit. These segments must be definable, specific, profitable, and is has room to grow. The following outlines the segmentation for the market of Mercedes Benz broken down into demographic, behavioral and psychographic segmentation. Demographic Segmentation: Markets can be segmented by geography where the business would market its offering towards individuals living in a certain area.
According to TrackMaven, market segmentation is the process of dividing the market of potential customers into groups, or segments, based on different features. The created segment consists of consumers who will respond to the same marketing strategy and who share the nature of the same interests, needs, or locations. McDonald uses demographic segmentation as their main types of market segmentation. According to Sakshi Natani (2016), McDonald in Malaysia used mainly demographic segmentation, which divided in age, income, family-life cycle and social class.
1. MARKAT SEGMENTATION Market segmentation is a strategy that is generally used by a company to identify and define the target customers, and provide the supporting data for the marketing plan elements. There are five types of market segmentation which are demographic segmentation, geographic segmentation, psychographic segmentation, benefits segmentation and volume segmentation. • Demographic Segmentation Demographic segmentation is market segmentation according to age, family size, religion, race, gender, income and education. By using this segmentation, a company can categorize the needs of consumers more easily and target its consumers more accurately because demographics can segmented into several markets.