With being so new, our distribution will stay small
and local to start. "Next, the company must decide where to launch the new product—in a single location, a region, the national market, or the international market. Few companies have the confidence, capital, and capacity to launch new products into full national or international distribution right away." Marketing Armstrong/Kotler Pg 253 And when selling soda to go into high end clubs and bars,
what better place to start than Sin City. In the city of Las Vegas, GoGo Soda
can start by selling to the high end clubs and bars on the strip. We want our
customers to really want it. So if you want to drink it you’re going to have to
"come and get it". We want to have a demand for it. You won’t see it
going into any gas stations or grocery stores any time in the beginning of its
launch. The best way to get good reviews is word of mouth. After a while, with
any luck, people will want our soda, will ask for it, when this starts to
happen we may then distribute to airports, this way the tourists can take it
home and let their friends and family know what to get when they come to Sin
City. "Companies often pay too little attention to their distribution channels, sometimes with damaging results. In contrast, many companies have used imaginative distribution systems to gain a competitive advantage." Marketing Armstrong/Kotler Pg 312 As long as this takes off then we will sell and distribute to local
stores and hopefully, eventually spread out throughout major cities.
Tuesday, March 12, 2013
Product
Product, we know that the product for GoGo is soda. "Product: Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need." Marketing Armstrong/Kotler Pg G10 A sweet carbonated
beverage. This carbonated beverage comes in three flavors, lemon, ginger-ale
and blueberry. The ginger-ale is caffeine free while the other two would be
caffeinated. It will be served in a white 8 oz can. This sizing is so it can be
mixed in one drink without going flat waiting for another. It is also a taller
8 oz can so it is more slender and with the color gives it the effect of
sophisticated and expensive. Each can will have a picture of each flavor lemon,
blueberry and ginger that would promote colorful and fun. " The company develops product offers and creates strong brand identities for them. It prices these offers to create real customer value and distributes the offers to make them available to target consumers." Marketing Armstrong/Kotler Pg 31 This product will
also be non-artificially flavored and organic so a more healthy choice compared
to other brands
Target Market Strategy
At GoGo Soda, we have a certain target of customers
that we want to sell to."To design a winning marketing strategy, the marketing manager must answer two important questions: What customers will we serve (what’s our target market)? and How can we serve these customers best (what’s our value proposition)?" Marketing Armstrong/Kotler Pg 9 That is the college students or just out of college or
even in the middle of their careers. The people that drink and go to bars and
clubs to have fun. We at GoGo Soda want to sell fun. "The company must first decide who it will serve. It does this by dividing the market into segments of customers (market segmentation) and selecting which segments it will go after (target marketing)." Marketing Armstrong/Kotler Pg 9 We want to delight our
customers in the age range of 21-35 with the idea of fun. But not just anyone
who wants to have fun in this age range, we also want the people who go to
those more expensive places, the people who want to live the high life at
clubs. We will sell this by first promoting and advertising on social media.
Anything to keep up with that generation. Also the creative content of our
product. We want to sell sophistication and expensive. We stick with a white
can and a black background. Like Chanel or Dolce and Gabbana, black and white
says classy, sophisticated and expensive. Then to that we add fun and pop to
the flavors and the soda can. Expensive and fun.
Situation or SWOT Analysis
"SWOT analysis: An overall evaluation of the company’s strengths (S), weaknesses (W), opportunities (O), and threats (T)." Marketing Armstrong/Kotler Pg 55 We will be putting together a SWOT analysis for GoGo Soda as well. The
first thing in the analysis is the company's strengths. Our strengths are that
GoGo Soda is a healthy non artificially flavored organic soda. We have
caffeinated and caffeine free so you have the choice as to which you want and
they sell the idea of sophistication and expensive. Our weaknesses would mostly
be that GoGo Soda is a very small and unknown brand. Customers want what they
are used to such as the big brand names and it takes a lot of convincing to get
someone to leave their favorite brand of soda. However, GoGo Soda does have
opportunities with today's health factors. People want healthy but still want a
great taste so they can have what they love while still making great choices.
Our brand gives them that opportunity. Lastly, our threats would be the
competition. And not just any competition, the big name brands such as Coke and
Pepsi. "Strengths include internal capabilities, resources, positive situational factors that may help the company to serve its customers and achieve its objectives. Weaknesses include internal limitations and negative situational factors that may interfere with the company’s performance. Opportunities are favorable factors or trends in the external environment that the company may be able to exploit to its advantage. And threats are unfavorable external factors or trends that may present challenges to performance." Marketing Armstrong/Kotler Pg 55
Objectives
"This mission is then turned into detailed supporting objectives that guide the whole company." Marketing Armstrong/Kotler Pg 39 The objectives for GoGo Soda are to sell and promote healthy, great
tasting, fun carbonated beverages. We want to sell healthy, fun, and still
sophisticated. The creative content will show this with the whites and blacks.
The cans will be white to show clean and sleek along with the black
backgrounds. Each can is also labeled with the main ingredient for
each flavor (lemon, ginger-ale, blueberry), colorful, bold and fun. Selling
will start with promoting for high end bars and clubs which is why we brand each
flavor with a more expensive alcohol, Crown Royal whiskey and Grey Goose vodka. "This broad mission leads to a hierarchy of objectives, including business objectives and marketing objectives.........Profits can be improved by increasing sales or reducing costs. Sales can be increased by improving the company’s share of domestic and international markets. These goals then become the company’s current marketing objectives." Marketing Armstrong/Kotler Pg 43 We want to strive to promote that GoGo soda is healthy by being non
artificially flavored and instead having natural ingredients. This will be
a healthy choice to the alternative sodas. While it will be promoted mainly for
alcohol mix it is also a great alternative to other sodas for the designated
drivers or non-drinkers.
Business Mission Statement
GoGo Soda will be providing high
end caffeinated and non-caffeinated carbonated beverages that
will be mainly distributed to high end clubs and bars to be mixed with alcohol
along with the better alternative to just having a soda. Our soda in non-artificial
flavor and organic with a great taste."The company’s mission should be market oriented, realistic, specific, motivating, and consistent with the market environment. The mission is then transformed into detailed supporting goals and objectives, which in turn guide decisions about the business portfolio." Marketing Armstrong/Kotler Pg 61 We want to satisfy and delight our
customers with a healthy fun drink to overall "Go to the Party" with.
We want to promote healthy living, great taste, and a fun time. "A Mission Statement is a statement of the organization's purpose-What it wants to accomplish in the larger environment " Marketing Armstrong/Kotler Pg 39 We want to look
expensive without being expensive so our college students can afford GoGo Soda
and have a great time doing it while feeling expensive.
Thursday, March 7, 2013
Week 7 EOC: The Pitch
My brand is GoGo Soda, Go to the Party. This brand is
a soda that you know you can mix with alcohol and be the life of the party. I
have 3 flavors of carbonated beverages that will go into bars. The
first is GoGo Lemon Soda. This is a carbonated lemon flavored drink that can
mix well with vodka, preferably Grey Goose Vodka to make a Lemon Drop. The
second is GoGo Ginger-ale this would mix with a dark drink, preferably
whiskey preferably Crown Royal to make, Dark Madness. Third in finally I have
GoGo Blue attack. This is a blueberry flavored carbonated beverage which can
mix with a vodka, again preferably Grey Goose Vodka, and will create my drink,
Violet. GoGo brand soda will be mostly caffeine, GoGo Blue Attack and GoGo
Lemon Soda which both works great with vodka will be caffeinated. Both of these
sodas are organic, instead of artificial flavored will be flavored with natural
ingredients from blueberries and lemons. GoGo’s Ginger-ale will be caffeine
free and will be advertised as more of a sophisticated drink going with a nice
smooth and classic whiskey. I believe
customer’s would want to buy this product knowing that not only is it fun,
created to go with alcohol for a great party time, but it is also healthy and
organic and can also be sold individually for those who do not plan to drink
alcohol but want a great tasting soda without all of the artificial flavors.
GoGo will first and foremost be advertised as a party soda, which is the main
concept of this brand. However, it will also be advertised as an everyday
enjoyable carbonated beverage.
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