135625397 Green Ox Analysis

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  • 7/23/2019 135625397 Green Ox Analysis

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    GREEN OX

    CASE STUDY

    SOLUTION

    Submitted by:

    Muralidharan U (12BM60070)

    Deepan Loganathan (12BM60081)

    Prashanth P (12BM60086)

    Prakash M (12BM6009)

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    1. How could the market be segmented? From green ox`s perspective what are the pros and cons

    o! each?

    !eg"ent Pros #ons

    Ps$%hographi%s a& 'n this %ase e %an

    identi$ the possi*le

    distri*ution %hannel or

    ea%h kind o group+

    *& ,his kind o

    seg"entation %an gi-e

    us the possi*le

    ingredients hi%h are

    %hosen *$ ea%h kind o

    people

    a& 't is dii%ult to %o"e to

    a pri%ing de%ision+

    *& .e %annot identi$

    gender preeren%es

    De"ographi%s (/ge ender

    'n%o"e)

    a& ender preeren%es %an

    *e esti"ated

    *& ,he in%o"e le-el o the

    people ill *e useul in

    esti"ating the pri%ing

    o the produ%t

    a& .e %annot %o"e to a

    %on%lusion ith regarding

    the retail distri*ution

    netork+

    b- .e %annot %o"e to a

    %on%lusion regarding the

    ingredients that should *e

    used+

    ": #hich particular segment do you recommend $reen %x !ocus on and why?

    ,arget seg"ent "ust *e anal$sed in de"ographi% Ps$%hographi% and produ%t usage %hara%teristi% o

    %usto"ers+ .ith reeren%e to the sur-e$ its apparent that the age group "ore than 0 e3perien%ing

    "ore drinks produ%t si"ilar to 4reen 53+ #onsu"ers in the age group 2&0 and less than 2

    %onsu"e e-en less than 0 o age group o "ore than 0+ /s this produ%t is uite e3pensi-e

    %o"pare to its %o"petiti-e produ%t 'n%o"e seg"ent should *e those people ho are earning "ore

    than 7:+

    / -er$ -ital point in the %ase is that the o"ens proportion in total nu"*ers o sports person is

    in%reasingl$ large and its groing su*stantiall$ in past+ /lthough in high in%o"e household seg"ent

    "ales are gro%er$ pur%haser *ut e"ale proportion still ; in pri"ar$ gro%er$ pur%hasing+ /s

    "entioned %lu* store ood store and gro%er$ store a%%ount "ore than 0 sales o sports drink

    produ%ts+ ,hereore o"en seg"ent ill *e an i"portant seg"ent as the$ are regular pur%haser in

    %lu* stores+

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    &. 'escribe and de!end a positioning statement !or the target segment you recommend.

    /"ong all "en and o"en reen 53 is the *rand o !ports drink that not er+ Based on its positioning and

    target seg"ent e ha-e sele%ted the olloing ; la-ours?

    /l*erta Bound

    @ello :nie

    Aasper Mountain

    !in%e it is "entioned in the %ase that onl$ ;0 o potential %usto"ers ere "ore lo$al to la-our

    than *rand+ en%e e %an spend "ore on pro"oting the *rand+

    Cro" ta*le ; e %an o*ser-e that 0 o 7 %onsu"ers preer /l*erta *ound la-our+ !o in order to

    %o"pete ith 7 it ill *e a good strateg$ to introdu%e the la-our+ Curther the -egeta*le drink (7)

    has natural antio3idants and hen%e it is good or health and reen 53 hi%h has added antio3idants is

    ha-ing the sa"e *eneits as that o 7+ /lso ; and ;1 o sports drink %onsu"ers preer $ello

    knie and

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    ). #hat*s the most important thing we need to know that we don*t know yet? +xplain why?

    ,he "ost i"portant thing that the "anage"ent o Pal"er Aa%kson doesnt kno *ut needs to kno

    as that the strateg$ or introdu%ing reen 53 depends upon a plator" o inter&related para"eters

    so"e o hi%h are?

    Pri%ing /nal$sis

    Eu"*er o la-ors and preeren%es

    Positioning %on%ept

    /ll the a*o-e para"eters intera%t ith ea%h other to help the "anage"ent de%ide a*out the Ftargeting

    de%ision ith respe%t to the anti&o3idant pill+ ,he "ost i"portant thing as that Pal"er Aa%kson

    anted to le-erage *oth sports drink as ell as anti&o3idants groing "arket+ ,hese *oth ere

    relati-el$ -er$ strong "arkets ith high regulating "argins+

    ,o %apture su%h "argins an appropriate pri%ing anal$sis ith a %orre%t target seg"ent in "ind as

    -er$ i"portant+ .hereas reen 53 as "ore e3pensi-e to produ%e than these sports drinks in the"arket due to added %ost o anti&o3idants+

    !o de%ision on selling %hannels to %apture su%h high "argins as dii%ult+

    ,o su" up additional inor"ation that "anage"ent needed

    %o"petiti-e response

    /dditional %onsu"erG%usto"er insights

    /ter all the *ase o the ne produ%t is a te%hniue to or dissol-ing %o""on o3idants su%h as

    ita"in = and glu%ose *e-erages+ Cor ho long Pal"er group ill ha-e %o"petiti-e ad-antage or the

    produ%t thats *eore it is %opied+ Pal"er Aa%kson is alread$ a ood and *e-erages "anua%tures and

    the laun%h o reen 53 %an result in de%rease o sales o the e3isting Pal"er produ%ts+ ,his

    %anni*ali>ation need to *e %o"pensated in the pre"iu" or sales o reen 53+

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    I. How could this market be segmented? From Green Ox's perspective, what are the

    pros and cons o each?

    II. !hich particular segment"s# do $ou recommend Green Ox ocus on? !h$?

    III. %escribe and deend a positioning statement or the target segment $ou

    recommend

    I&. almer (ackson reali)es that product, price distribution, and promotion decisions

    or Green Ox all rel$ on the decisions the$ make with respect to *uestion +- and

    that all our o the '''' decisions are intertwined and depend on each other. he$

    eel that the place to start is with some notion o how man$ lavors o Green Ox

    the$ should introduce and at what price. he$ want $our advice on that as well

    A. Product

    B. Price