What is the larger problem we are trying to solve

Assignment Help Marketing Management
Reference no: EM133650033

This case takes place in the summer of 2018 and your analysis, alternatives & recommendations must reflect the situation at that point in time. Assume that you are the Senior VP for Brand Marketing for Drinkworks, and your business decision deck must be written from that perspective. You are preparing a Pitch that will be presented to Nathanial Davis, CEO Drinkworks to get agreement on a number of key strategic decisions on the launch of Drinkworks: Home Bar by Keurig.

All decisions in your deck must be supported by an appropriate assessment that includes all relevant criteria that are stated as close-ended questions unless specifically directed otherwise in these case instructions. Remember that your criteria must reflect anything or anyone that is impacted by the decision, and anyone or anything that can impact the decision's success.

Executive Summary

Summarize to quickly and easily understand what is contained in the deck and include important data.
Problem Statement

What is the larger problem we are trying to solve? What is the ideal outcome? Remember it is not the solution.
Problem must be stated using the proper problem statement format.

Market Definition Analysis

What business is Keurig in?
Appropriate alternatives should be identified and then analyzed using appropriate and thorough close-ended criteria and the rationale for final recommendation(s).
Criteria table with alternatives, rationale and summary. Highlight the chosen alternatives.

Key Benefit Determination & Positioning Statement Creation

A compelling positioning statement which includes the identification and assessment of relevant benefits with supporting reasons to believe for chosen positioning.
Identify and assess a minimum of 4 functional and 4 emotional benefits.
These 4 functional and 4 emotional benefits must be derived from and relate to chosen positioning.
A well written positioning statement is a mandatory part of that recommendation.
Positioning statement must outline a compelling position and reason to believe that will cause chosen target market to purchase the Drinkworks: Home Bar over competitive products.

Industry Attractiveness & Competitive Advantage

VRIO

• A properly completed 6 Forces (including a summary assessment on overall market attractiveness) and competitive advantage (VRIO) analyses

• The VRIO analysis must include the correct identification of a minimum of 6 relevant core competencies.

• Each core competency must be correctly assessed using the VRIO framework with supporting rationale for each element to determine if it is a competitive advantage or not.


Porter's 6 Forces

• For Industry Attractiveness (6 Forces) analysis, Assess each force for intensity (HIGH-MEDIUM-LOW or a combination) with a short rationale.

• An assessment of the overall attractiveness of the industry must be provided.

Assessment should discuss attractiveness related to competitiveness and profitability.

Reference no: EM133650033

Questions Cloud

The project will not directly produce any sales : The project will not directly produce any sales but will reduce operating costs by $304,183.35 a year.
Do you think people give primarily for altruistic reasons : Do you think that people give primarily for altruistic reasons or in order to receive benefits for themselves, including warm feelings, recognition.
Changing risk and financial environment : Provide a researched, real-world example in aviation industry about how the changing risk and financial environment can alter the best thought out capital
Contemplating leasing diagnostic scanner : You work for a nuclear research laboratory that is contemplating leasing a diagnostic scanner (leasing is a very common practice with expensive,
What is the larger problem we are trying to solve : Should be identified and then analyzed using appropriate and thorough close-ended criteria and the rationale for final recommendation
Determine these growth factor and percent changes : Determine these growth factor and percent changes. Determine the investment's value after 20 years.
Discuss aldis impact on other supermarkets : How do you think traditional grocery stores should adapt their business models to remain competitive despite growing discount store influences?
Describe and summarize the theory or theories used : Describe and summarize the theory or theories used in this article and name the social science discipline they come from.
Create a product or service and then comparing : create a product or service and then comparing that with the sales of or how many of an organization's product or service are used. This is called a market

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