marketing management final report on odwalla
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Odwalla juice Marketing Plan 2013
“Marketing Plan on Odwalla Juices”
As a major innovation in Pakistani Market for natural juices
Course: Marketing Management
Course Code: Mkt – 401
Instructor: Miss Duria Hassan
Group Members:
Shahzaib Malik BB-2116
Talha Hassan BB-2131
Kafeel Ahmed BBE-661
Maaz Uddin BB-25227
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Odwalla juice Marketing Plan 2013
ACKNOWLEDGMENT
First of all, we are thankful to Almighty Allah (The most gracious and the most powerful, the knower of what’s seen and unseen), for giving us the courage and power to learn and to apply our knowledge for the benefits of mankind.
We would like to express profound gratitude to our teacher, Miss Duria Hassan for their support, encouragement, supervision and useful suggestions throughout this project work on “Marketing plan for Odwalla natural Juices” in course marketing management. We would not have been able to finish this wonderful project without his support and guidance. Thank you for patiently guiding us throughout this project and motivating us to work at our best. All group member co operate with each other, cover, collect, sort and gather information on it. Group members are Shazaib Malik , Talha Hassan Kafeel Ahmed and Maaz Uddin.
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Odwalla juice Marketing Plan 2013
TITLE OF PROJECT REPORT: “Marketing Plan on Odwalla Juices”
As a major innovation to launch in Pakistani Market for natural juices
NAME OF PROJECT SUPERVISOR: Miss Duria Hassan
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Odwalla juice Marketing Plan 2013
TABLE OF CONTENT Introduction………………………………….……..............5
Odwalla Incorporation……………………………..5 History, Origin and Objective…………………..5 Vision Statement……………….…….……………..6 Mission Statement……………….…….……………6
Market analysis……………………………………….........9o Customer………………………………………………..10o Company…………….. ……………………………..…10o Competitor……………..……………………………...10
Product Line and Category…..………………………...11 Segmentation…………………………………………........11 Targeting ………... …………………………………......13 Positioning .……. ………………………………….......13 Marketing mix……………………………………………14 SWOT Analysis……….…………………………………15
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Odwalla juice Marketing Plan 2013
INTRODUCTION OF THE COCA-COLA COMPANY :
An American multinational beverage corporation. Manufacturer, retailer and marketer of nonalcoholic beverage concentrates and syrups. It is headquartered in Atlanta, Georgia. The company is best known for its flagship product Coca-Cola or Coke. Invented in 1886 by pharmacist John Stith Pemberton in Columbus, Georgia. The Coca-Cola formula and brand was bought in 1889 by Asa Griggs Candler (December 30, 1851 - March 12, 1929), who incorporated The Coca-Cola Company in 1892. Besides its namesake Coca-Cola beverage, Coca-Cola currently offers more than 500 brands in over 200 countries or territories and serves over 1.7 billion servings each day. The company operates a franchised distribution system dating from 1889 where The Coca-Cola Company only produces syrup concentrate which is then sold to various bottlers throughout the world who hold an exclusive territory. The Coca-Cola Company owns its anchor bottler in North America, Coca-Cola Refreshments.
Odwalla Incorporation:
It is wholly owned subsidiary of The Coca-Cola Company and a division of Minute Maid. American food product company that sells fruit juice, smoothies and food bars. It was founded in Santa Cruz, California, in 1980 and is headquartered in Half Moon Bay, California. The company experienced strong growth after its incorporation in 1985, expanding its distribution network from California to most of North America, and went public in 1993. Odwalla was acquired by The Coca-Cola Company in 2001 for US$181 million.
History ,Origin and Objective:
“Back in 1980, musicians Greg Steltenpohl, Gerry Percy, and Bonnie Bassett had a juicy realization as they squeezed a glass of California OJ: a state with so much fresh fruit should have a lot more fresh juice! Something had to give—so they did. Working from a backyard shed and squeezing juice by hand, they planted the seeds for a company that would bring the best of nature to the world. All it needed was a name.”
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Odwalla juice Marketing Plan 2013
Now, over 30 years later, Odwalla ("ode-wall-ah") is serving up over 50 varieties of carefully crafted beverages and bars, and each is designed to bring “goodness to your life”. But a company is way more than just its name. It's even more than its products. They take extra steps to be good to environment and community. Odwalla’s objective is to provide safe, healthy, hygienic food, fruits and vegetable juices. By this they bring value to its customer.
Vision statement:
"Help humans break free from the dull mass of over-
processed foods so prevalent today"
Mission Statement:
"People of the sun" out of the "grey haze"
“Goodness Grows Here”
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Odwalla juice Marketing Plan 2013
Marketing plan of Odwalla All natural juices:
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Odwalla juice Marketing Plan 2013
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Odwalla juice Marketing Plan 2013
Market Analysis:
1)All Natural Apple Juice:
For Isaac Newton, apples provided the inspiration for gravitational theory. At
Odwalla, apples provide the source for 100% Apple Juice, a delicious flavor that
pulls you in sip after sip.
2)All Natural Grapefruit Juice (seasonally):
But we do care a lot about loading the goodness of grapefruit and its
abundance of vitamin C into every bottle of this all-natural beverage.
3)All Natural Orange Juice:
The orange has got vitamin C from here to next week, a color that makes
sunsets blush, and a taste that legends are made of. So why would we
besmirch its honor? We wouldn’t. We don’t. That’s why there’s nothing added.
The above three sub headings are the flavors of All Natural Juices. This will be
introducing in Pakistani Urban Market. These lines present Odwalla’s views on
their products. Plant Bottled, hand crafted, purely squeezed juices. That’s what
their uniqueness.
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Odwalla juice Marketing Plan 2013
Customer:
In Pakistan The Coca-Cola Company products and Minute Maid Juices are very
well recognized. So Odwalla All natural juice will be a value base product.
People from upper class and middle class will be Odwalla customer. Those
people consuming nectar juices but needs more valuable enhanced quality
product, will be in Odwalla juices. People need healthy, pure, safe and hygienic
fruit juice. That is what company wants to put the image of the product toward
audience.
Company:
The Coca-Cola Company in Pakistan offers carbonated drinks and non
carbonated drinks and Minute maid juices.
Competitor:
The Competitors of Odwalla All natural juices in Pakistan are:
Shezan All Pure
Olfrute
Nestle Fruita Vitals
Real Fruit
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Odwalla juice Marketing Plan 2013
Product Category :
The product category for Odwalla All natural juices is noncarbonated drinks
and they are 100% nectar juices. In Pakistan nectar juices are mainly offered in
tetra pack but they are offered in Plant Bottled.
Product Line:
The Odwalla All Natural Juices are new product line in Pakistan and initially
they are launching three flavors Apple, Orange and Grapefruit.
Segmentation, Targeting Market & Positioning (S.T.P.) :
Segmentation
Geographical:
Geographically in initial start up for “Owalla All Natural Juices” it will be
introduce in Karachi and Lahore. Because these are two metropolitan
cities of Pakistan and densely populated.
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Odwalla juice Marketing Plan 2013
Demographical:
By this segmentation we can divide people into different groups of
people by their age, gender, family size, occupation, education and
income.
Age :
In orange juice is segmented for young adults from age of 10 to
25. Apple juice and grapefruit are mainly for women and people
of age group 35 to 60 or diabetic patient.
Family Size:
Two sizes will be offered in two sizes of plant bottle 300 ml. and 1
liter. The 1 liter can be share in to a family of 4 members
Education:
This product is mainly for student of college, universities and
school. All will be literate health conscious and well aware
knowledgeable people.
Psychographic :
In psychographic segmentation according to social class it will be
targeted in upper and middle class. Keeping in mind norms and religious
values of Pakistani society this product will Halal.
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Odwalla juice Marketing Plan 2013
Behavioral:
It is segmentation by consumer’s perception and behavior towards
product. People need no concentrate juices and 100 % pure nectar juice
good quality bottle. Diet and health conscious people want value base
product. The people who are loyal towards band name of minute maid
and coca-cola company. Uniqueness in product can justified through its.
The product must be available in both metropolitan cities properly. Just
beside the product of competitor. Benefits and features of these juices
are minimally processed to ensure great taste and nutritional integrity.
No artificial flavors, added preservatives or added colors.
Target Market
Target market for Odwalla All Natural Juices are those differentiated segment
of people are diet conscious, health conscious, required nutritious drinks and
which is offered to their group of people like young adult and women.
Positioning
Odwalla delivers nourishment coast to coast with the Odwalla family of juices,
juice drinks, smoothies, protein drinks, and nourishing food bars. Odwalla has
been making juices and innovating in the natural health beverage category.
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Odwalla juice Marketing Plan 2013
Marketing mix
Product :
The Products are Odwalla All Natural Juices in three flavors Orange, apple and grapefruit.
Place :
Odwalla All natural juices will be launched in Karachi and Lahore. Like super
markets, departmental stores, grocery shops, cafeterias, food lounge and
restaurants where lunch and breakfast are offered.
Packaging :
In Pakistan it will be offered in two sizes 300 ml and 1 liter white translucent
plant bottle and convenient bottle opening easy to use, handle and travel.
Grapefruit in 1 liter bottle only.
Promotion:
For initial launching and promotion of juices the company will have to start
above the line activity also known as a.t.l. activities like billboards, pamphlets,
posters, band activation events in Karachi and Lahore university, colleges and
schools.
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Odwalla juice Marketing Plan 2013
Price :
The pricing of products are 400 ml. is Rs. 50 PKR and Rs. 140 PKR for 1 liter
bottle. The prices of juices are value base because they are different in
packaging and taste. Whereas grapefruit will be in 1 liter for Rs. 160 PKR
SWOT Analysis:
In SWOT analysis organizations strengths, weaknesses, opportunities and threats are mention for study of analytical of organization
Strengths: The brand name of parental company of “The Coca-Cola Company” and Minute Maid division. Aware of the society behavior, where Odwalla juices will be launch. Aware of the resource required for the products of Odwalla. Products features, benefits and quality taste are also its strength.
Weakness: The prices of Odwalla All Natural Juices are higher than its competitors because they are having value base price as to compare to products, which are manufactured in Pakistan and available in majority of places.The parent company does not spend much amount on the promotion. The name of the product is not easy to pronounce and remember for the origin people living in Pakistani urban society.
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Odwalla juice Marketing Plan 2013
Opportunities: The opportunities for the company are that they must make product available to customer every shop where the competitor’s products can reach. Utilize and strengthen distribution network of the company. Company can become the first to launch 100% nectar juice in plant bottle locally manufactured or hand crafted purely squeeze. These company products can cater mass market in future.
Threats:
The Present competitors in the market are very tough and have already capture market. The company must design marketing strategy and implement on it effectively and efficiently so that Odwalla juices can captures its market and grow further.
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Odwalla juice Marketing Plan 2013
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