Principles of Marketing Assignment Crescent Pure Positioning Submitted by Abhisek Nayak 15PGPIM35 Crescent Pure Cresc
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Principles of Marketing Assignment Crescent Pure Positioning
Submitted by Abhisek Nayak 15PGPIM35
Crescent Pure Crescent Pure should be positioned as a combination of organic and energy drinks in the third Segment. The major differentiating factor would be the healthiness of the drink. In addition this drink would also have high refreshing content, moderate hydration & moderate energy. This organic drink will attract health conscious youngsters and will also prove to be an alternative for high calorie energy drinks I.
The analysis on POP and POD below is based on the data given in the case in the form of 1. Perceptual Map measuring consumer perception 2. Percentage of respondents who described the drinks.
Percentage of respondents who described the drinks 49
47 38
3435 29 Energy 22 Drinks 16
22
12
11 6
5
29
28
9 8 9
Points of Parity of Crescent Pure with Sports Drink: 1. 2. 3. 4.
Hydration Refreshing Taste Nutrition
Points of Parity of Crescent Pure with Energy Drink: 1. 2. 3. 4.
Energizing Taste Mental focus Combat fatigue
22
Sports Drinks
7
Crescent Pure 19 8
9
11
11 4
6
Points of Differentiation in comparison to both Sports and Energy Drink: 1. 2. 3. 4. 5. II.
Crescent pure has natural and organic ingredients which are a major point of difference. Lower price as compared to energy drink i.e. $2.75 < $2.99 Free from artificial Sweetener Healthier alternative. Moderate caffeine content compared to available energy drinks and none in sports drinks
So Why Crescent Pure? Stated in the market research for energy drinks, the sales of energy drinks with lower levels of caffeine and purer ingredients were rising due to consumer demand for healthier food and beverage choices.
III.
Customer profile of target segment 1. Demographic a. Young population (18-34 years) b. Both males and females 2. Psychographic a. Health conscious customers b. Customers focusing on wellness c. Beverages with Natural Ingredients conscious customers
IV.
Positioning Statement The positioning is to be done in Third segment in Organic Beverage with Moderate Energy content. The positioning statement should be as follows: “For health conscious a consumer, Crescent Pure, is a healthy organic drink that provides energy, refreshes one instantly and enhances ones mental focus. Unlike traditional energy drinks, Crescent Pure has all certified organic content, low sugar and tastes better”