Bottled Water-Money Down the Drain

Assignment Help Marketing Management
Reference no: EM133949061

Question

Bottled Water: Money Down the Drain?

Bottled water is everywhere! And, up until 2007 consumption was rapidly growing in the $11 billion industry. In fact, per capita consumption grew from less than two gallons per year to 29 gallons in 2007. However, according to the Beverage Marketing Corporate, a New York research and consulting firm, sales declined by 3.2% since 2007 and the decline has not been halted.

Bottled water companies are still trying to determine what has caused this drop in sales but there might be several causes. The first is the recession. Tap water is far cheaper and consumers may be pulling back on expenses. Single serving bottled water costs up to 4000 times more than tap water. In fact, we pay more than three times as much for bottled water than gasoline (almost $12 per gallon!).

Second, there are some health concerns. According to the Natural Resources Defense Council up to 70% of bottled water is not regulated by the Food and Drug Administration because it never crosses sate lines. In addition, city water systems must report on water quality. Bottlers successfully killed this requirement for bottled water. Up to 70% of bottled water is unregulated by the Food & Drug Administration, because it never crosses state lines for sale, according to the Natural Resources Defense Council.

So, there may be a health cost, too. In 2008 the Environmental Working Group examined ten brands of bottled water and fond that some contained mixtures of industrial chemicals that had not been safety tested. Third there are environmental concerns. Tap water is a local product that needs no packaging. Globally, bottled water accounts for as many as 1.5 million tons of plastic waste annually, according to the Sierra Club. Making the plastic in the bottles requires 47 million gallons of oil annually. The anti-bottled water movement has a lot of momentum now, as well. There are web sites like Web sites like TakeBackTheTap.org,

InsidetheBottle.org and ThinkOutsideTheBottle.org that encourage consumers to stop drinking bottled water. Only about 20% of plastic water bottles get recycled. The rest end up in landfill or even worse, end up floating in big garbage patches in the Pacific Ocean. Publicity does not get much worse than this.

Questions

1. Imagine that you work in the public relations department of one of these bottled water companies. How might you respond to these criticisms? What is the other side of the story?

2. How are environmental issues affecting your purchasing choices? Or are they?

3. Think of a product that you regularly purchase and consider how it might be made more environmentally-friendly. Perhaps you could reduce packaging, reduce transportation costs, or change the manufacturing process. What could you do?

Reference no: EM133949061

Questions Cloud

What strategies can riverbend pursue to prepare for value : What strategies can Riverbend pursue to prepare for value-based care while addressing the financial shortfalls of Medicaid reimbursement?
Types of designs used in quantitative methods of inquiry : Discuss the role of objectivity and subjectivity in qualitative and quantitative scientific inquiries and Identify the key types of designs used in quantitative
What body system change places the client at greatest risk : While providing care to a client with a potassium level of 7 mEq/L, what body system change places the client at the greatest risk?
What is their Expected Revenue : A company expected to sell 10,000 units of their products at $2 each. What is their Expected Revenue?
Bottled Water-Money Down the Drain : Imagine that you work in the public relations department of one of these bottled water companies. How might you respond to these criticisms?
Why is organizational change and innovation important : Why is organizational change and innovation important, why is it necessary?
Corporate Social Responsibility policies : What can the procurement team do to evaluate the contractor based on its Corporate Social Responsibility (CSR) policies?
Evaluates the impacts of current environment : Evaluates the impacts of the current environment on Australia's Education and Tourism Exports and (2) proposes specific recommendations
What body system is of greatest concern for critical changes : While providing care to a client with a potassium level of 2.6 mEq/L, what body system is of greatest concern for critical changes?

Reviews

Write a Review

Marketing Management Questions & Answers

  Integrated marketing communication

Developing an IMC plan of Amazon that aims to create awareness and knowledge amongst Singaporean  consumers of the ethics involved in buying clothing made from Bangladeshi factories  .

  Multiple choice questions on e-commerce

The assignment in Computer Science or Information Technology is about multiple choice questions, particularly in e-commerce. Questions such as types of e-commerce websites, commercial websites, disintermediation, Platform for Piracy, the data that ca..

  Balanced scorecard for red lobster

The assignment in marketing is about Red Lobster, which is one US and Canada's most loved seafood restaurant. It has hundreds of outlets in US and Canada and it now wants to expand further. The approach adopted by Red Lobster has been discussed in fu..

  Marketing plan - marketing audit, swot and smart report

The assignment in marketing is about preparing a marketing plan. As part of marketing plan, the SWOT analysis, assessing the competitive position, identifying critical competitive issues, marketing objectives, strategy and actions have been suggested..

  Marketing plan

Marketing deals with preparing a marketing plan for either an existing product or a new product. Various aspects about launching a new product into the market are discussed ranging from the industry the product belongs to, goals and vision of the com..

  Yamato corporation analysis - harvard case study

Please refer to the PDF for the Case Study and questions.The case study from Harvard Business School is about Yamato Corporation, a parcel delivery company which provides door to door delivery in Japan.

  Marketing plan - create a new product

The assignment in marketing is about competitive analysis for a new product namely "heated insoles". These heated insoles can be put in shoes and they can protect the wearer's feet by keeping them warm during cold winters.

  Report on digital marketing strategy for a website

Promotion strategies of  the one's own developed website

  Integrated marketing campaign of mccafe

Integrated marketing campaign for McDonald's McCafe. McCafe has been launched in Canada. This is a case study which involves the use of digital marketing and social media marketing apart from regular marketing such as TV and radio. All these more are..

  New product development at adidas

In this paper, the researcher also determines the different kind of practices used by Adidas to manufacture shoes for its customers.

  Managing services in competitive environment

Services can be defined as separately identifiable, intangible activities which provide want-satisfaction when marketed to household consumers and/or industrial users.

  Prepare a marketing plan

A marketing plan is an essential tool for any marketer, providing direction for a brand, product or organization. A marketing plan describes the marketing environment, marketing objectives and marketing strategies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd