Brand Marketing Plan Of: SPEED 2010
Brand Marketing Plan Of: SPEED 2010
Introduction
SPEED is carbonated beverage. It is treated as Energy Drink. SPEED started its journey on April 2006. Now it is 2nd in position by brand awareness and volume sales. Unique packaging is the main strength of SPEED.
Covering Points
Brand Marketing Strategy Documents:
Brand Information Major Competitors Target Group Market Size Market Segmentation Competitive analysis Market Growth SWOT Analysis Positioning Brand Marketing Plan Sales Analysis Budget Control
Brand Information
Product : Carbonated Beverage Brand : SPEED Company : Akij Food & Beverage Ltd SKU : 250ml (CAN) & 250ml (PET) TG : Age 20 to 38+ Pay Off Line: Habby Energy Positioning : Energetic, Recharging
Target Group
Occupation Lifestyle Attitude Fashion Sports SEC Knowledge
: : : : : : :
Service General but showing tendency Life is enjoyable Common Carom, Cards B+& B Not so educated
Major Competitors
Tiger Black Horse Big Boss Shark
Market Size
Total market Tk 380 crore per anum
Market Segmentation
Urban Semi Urban
Competitive Analysis
Brand Amount (Crore/year )
240 70 36 24 10 380
%
Market Share
63 18 9 6 3 100
Tiger Speed Big Boss Shark Others
Market Growth
SWOT Analysis
Strength
Unique packaging Latest technology Brand Image Market leader in 250ml CAN
Weakness
Shortage of production capacity Distribution problem Poor coverage Lack of experience in production planning
SWOT Analysis
Opportunity - Increase brand image - Grasp market share by using its brand image and packaging Threat - Market leader launched new brand with high celebrity image.
Positioning
High T SP SP Quality Low BH BB SK High T- Tiger
SP- SPEED
BH- Black Horse SK- Shark BB- Big Boss
Low
Brand Image
VISION
SPEED will be Market leader in energy drink segment by five years.
Mission
-
Increase 40% market share by next 2 years Top of mind brand recall by next 2 years
Objectives
Increase
16% volume share by next one year Top mind brand awareness 50% by next one year Icon of branding by one year
Focus on increasing numeric distribution by supporting the sales team with timely activities Stimulate trade through innovative below the line activities and promotions Focus on distribution channel on sales operation Focusing on increasing numeric distribution by supporting the sales team with timely activities Motivate the sales force through educational initiatives and incentive programs Engage distributors through relationship building activities to take ownership of brand to push for growth
Increase overall brand awareness by harnessing the new campaign and exploiting the appropriate media Activate the brand through street activation like SPEED LIVE DHAMAKA Establish as Recharging Icon as the singular communication and activation platform Bring the brands to life by harnessing activation ideas across the full spectrum of the target audience Extensively exploit outdoor branding opportunities to create top of mind brand awareness
Increase branding where target audience visit Arrange street concert regularly Picnic spot branding for maximum exposure Increase visibility through shop branding, display contests and inshop merchandizing
60000 40000 20000 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Months
Grow th;09
Grow th'10
-200%
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Months
2008
2009
2010
200000 150000 100000 50000 0 Jan Feb Mar Apr May Jun Jul Months Aug Sep Oct Nov Dec
Grow th'09
Grow th'10
5000% 4000% 3000% 2000% 1000% 0% Jan Feb Mar Apr May Jun Jul Months Aug Sep Oct Nov Dec
2008
5.85
4.23
13.03
12.13
17.23
11.71
17.51
12.26
33.40
24.05
4.51
20.69
2009
2.11
2.82
5.42
9.61
7.86
6.58
8.21
5.3
9.36
10.29
12.23
12.23
2010
6.86
8.08
10.51
13.47
13.47
11.73
11.73
9.55
18.6
12.51
13.21
6.86
Value
Fe b
M ar
Ja n
Ju n
Ju l
ov N
M ay
Se p
Ap r
Au g
Months
ec
ct
Percentage
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Months
Marketing Mix
Product
Product- Carbonated Beverage Familiar in Energy Drink Raw Material- Fir Manish, Switzerland Bottle- Sipa Italy Closer- Food Graded Resin (Korea) Machine- Krones Germany Production Capacity- 36000 cases/day (all CSD) 72000 cases/day from April (all CSD)
Price
Price is always competitive
Place
All A,B & C category outlets All HoReCa Coverage urban and sub urban areas
Promotion
TVC RDC Press Magazine Trade Promotion POSM Outdoor Branding Events
Outdoor Branding
Billboard Shopsign Lightbox Passenger Shed Branding Bus Branding Road Show Smoking Zone Branding
Speed Live Dhamaka- Concert, Jokes & show little drama Dummy Pack Show in different district Sponsorship
Speed Live Dhamaka- Concert, Jokes & show little drama Dummy Pack Show in different district Display contest
Mega Concert- Anti drug campaign at any suitable stadium Speed Live Dhamaka- Concert, Jokes & show little drama Sponsorship Display Contest
National Carom Championship Speed Live Dhamaka- Concert, Jokes & show little drama
National Carom Championship Speed Live Dhamaka- Concert, Jokes & show little drama
Speed Live Dhamaka- Concert, Jokes & show little drama Dummy Pack Show in different district Display Contest
Speed Live Dhamaka- Concert, Jokes & show little drama Dummy Pack Show in different district Display contest
Speed Live Dhamaka- Concert, Jokes & show little drama Dummy Pack Show in different district Sponsorship
Victory Day Celebration- Concert, Promote Skating Speed Live Dhamaka- Concert, Jokes & show little drama Christmas Day Celebration- at few hotels Sposorship
Control
Closely monitoring all activation and promotional work If require made some research work
Thank You