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Final Monster

Date post: 03-Apr-2018
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    GROUP MEMBERSROSHNI SONI : 03

    RAHUL SONIK : 04

    VIVEK SINGH : 41

    MANGESH SHIRDHANKAR : 42

    LATASHA RAMNANI : 84

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    Introduction Monster Energy is an energy

    drink, launched by HansenNatural in 2002.

    The regular flavor comes in a

    black can with a green tear-shaped M logo, implied to havebeen torn by the claws of a"monster".

    Monster Energy is advertised

    mainly through sponsorship ofsporting events, includingmotocross, flag football, carracing, snowboarding andskateboarding

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    Business SituationCurrent Advertising

    No mass media

    Sports

    Party Lifestyle

    VIP access

    Trips with top

    musicians & athletes

    Current Target

    Athletes

    Men, aged 14 - 36

    Extreme Sports,

    Gamers.

    Niche market

    Fashion world

    Flamboyante people

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    Primary Objectives

    Change perceptions

    Increase consumption in

    populated economies

    Take market share

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    Marketing Strategies

    Sponsorship in popular motorsports Attract the target market

    Customizing of vehicles for auto shows to create brandawareness

    Create recognition & an image in the eyes of the potential

    buyers

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    Strengths

    Strong brand identityWell-defined target market

    Large product depth

    Weaknesses

    Limited marketplace reachNo top-of-mind awareness

    No use of main stream media

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    Challenges CONSUMER CHALLENGE

    Get top-of-mind awareness about the product.

    Change consumer perceptions about energydrinks.

    BUSINESS CHALLENGETake market share from smaller energy brands.

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    Brand Promise

    Together with Monster Energy, the

    target can maximize their lifestyle.

    To 18-28 year olds who live exciting

    and fast-paced lifestyles , MonsterEnergy is the energy drink that helps

    them perform better and get more

    done because of its larger packaging

    sizes, which provide more caffeineand supplements in each can.

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    Brand BenefitsIf the brand has thisattribute:

    And the value of thatbenefit is:

    Convenience Accessible and availability

    Portability Sleek size of cans

    Packaging Size More caffeine/oz. - Moreenergy

    Value Savings - More money forother things

    Variety You can choose according toyour own taste preference

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    Monster Business:Top Energy Drink Brands

    Brands Dollar Sales MarketShare 09

    MarketShare 06

    Red Bull $360,527,871,000

    40.2 (-2.4) 42.6

    Monster Energy $237,661,408 26.5 (+12.1) 14.4

    Rockstar $110,310,767 12.3 (+.9) 11.4

    Amp $71,746,840 8 (+4.4) 3.6

    Full Throttle $35,873,420 4 (-2.9) 6.9

    Doubleshot $17,936,710 2 (+2) 0

    NOS $13,452,533 1.5 (+1.5) 0

    Sobe No Fear $12,555,697 1.4 (-4) 5.4

    All Others $36,770,256 4.1 (-11.6) 15.7

    Category Total $896,835,500 100 100

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    Red Bull, 40%

    Monster Energy,

    26%

    12%

    8%

    4%

    2% 2%

    2% 1% 1%1%

    Market Share of Top U.S. EnergyDrinksRed Bull

    Monster Energy

    Rockstar

    Amp

    Full Throttle

    Doubleshot

    SOBE

    Nos

    No Fear

    Private Label

    Vitamin Energy

    Jolt

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    Get Up and Go Campaign

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    Media Plan

    0

    20

    40

    60

    80

    100

    Jan-Mar Apr-June July-Sept Oct-DecPulsed Media

    Schedule

    Bus/Transit:

    Stickers:

    Mobile Billboards: Penetrates every part of a

    community

    Delivers high-profile exposure

    near point-of-purchase locations

    Draws attention to a message by

    bringing it directly to the consumer

    Achieves market saturation and can

    reach a specific demographic target

    Geographically

    providing coverage in

    and around specificvenues

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    Sale promotion techniques

    Indulge youngsters

    Create brand awareness & image

    Potray an appropriate image Create awareness & willingness to purchase

    Niche market approach

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    Monster vehicle

    promotions

    Free samples in colleges,pubs, clubs, gyms, events

    Organize events like music

    shows, official motorsport,adventure sports, music

    launches

    Collaboration withproducts of similar nature

    ex. Rock bands, car

    companies

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    Custom vehicle shows

    Custom modified monster vehicleswill attract attention and be a niceform of advertisement

    Monster energy goodies like caps,tshirts, lighters, key chains, bags,

    belts, stickers for vehicles etc.

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    Organize events with new generation in mind

    Create an aura around the product

    Sponsor & organize fashion related events,fashion weeks etc,

    Sponsor reality shows like khatron ke khiladi

    Sponsor events related to bikes , car, racing

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    Tie ups withmanufacturers like HarleyDavidson , Kawasaki, KTM

    etc to indulge bikeenthusiasts

    Tie up with motorsportorganizers in the country

    like Himalyan motorsport,western India autosportassociation

    Sponsor enthusiast events

    like republic day rides,drag race, road safetycampaigns, support trafficpolice etc.

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    Organize events with large mass appeal tothe concerned target market

    Rock shows, dramatics, road shows, autoshows & exhibitions,

    Create awareness about road safety, publicawareness on petty issues

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    General forms of

    adverisement like

    hoardingsInnovative forms

    like spaces on

    taxis , rickshaws,buses, intercity

    buses and trucks.

    Free promotionsat restaurants,

    pubs, clubs, live

    concerts.

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    Thank You


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