Developed two new flavors-pomegranate and kiwi

Assignment Help Business Management
Reference no: EM133696592 , Length: 3 Pages

You are the Chief Marketing Officer for a company that sells sports drinks. Your company just developed two new flavors--pomegranate and kiwi-- but the marketing budget can support only one launch. Which do you pick and why?

For this assignment, start by:

Describing the three types of research and their purposes.

Next:

  • Describe how you would design an experiment that compares the taste of the sports drinks with each other, as well as to the best selling flavor of your competitor.
  • Identify any secondary research you would do prior to conducting your experiment and why.
  • Describe the marketing research steps you will follow and how your team will identify the recommendation of which sports drink to launch.
  • Assess what might be different for your experiment and how it might need to be altered if you're launching the flavor globally.

Paper should be 3 pages in length and demonstrate accurate and clear business writing. Include at least 2 credible or industry specific references.

Reference no: EM133696592

Questions Cloud

Examine the current marketing strategy : Examine the current marketing strategy. Determine if the current mission statement aligns with the current marketing strategy.
Compare research in marketing and current advancements : Can you compare and contrast traditional methods for gathering research in marketing and current advancements?
Characteristics of dallas-such as its diversity : The vision and concept will be based on the unique characteristics of Dallas, such as its diversity, innovation, and entrepreneurial spirit?
What bioethics principle might be completing with autonomy : A person who wants to sell their own kidney should be allowed to. In this case, what bioethics principle might be completing with autonomy and why?
Developed two new flavors-pomegranate and kiwi : Your company just developed two new flavors--pomegranate and kiwi-- but the marketing budget can support only one launch. Which do you pick and why?
What are the job requirements : To whom should the cover letter be addressed? What are the job requirements? Is this a full-time or part-time job?
Describe the company you want to use for portfolio project : Describe the company you want to use for the Portfolio Project. Share your idea for a new product/service or an extension of an existing product.
Describe the target market : Start with a brief overview of your business:company name-what you are selling. Describe the target market (businesses or consumers) for your chosen company.
What is the cycle of inventory of component at odonnell : Compare the cost of your strategy from each supplier. What is the cycle of inventory of each component at O'Donnell & Joyce?

Reviews

Write a Review

Business Management Questions & Answers

  Evaluate potential and actual risks

Evaluate the potential and actual risks that occurred during the merger and what the companies could have done differently to mitigate these risks.

  Would you like to live and work in a foreign country

Would you like to live and work in a foreign country? If so, what did this Unit teach you about working in a foreign country? If not, why not?

  Explain the difference between descriptive statistics

Explain the difference between descriptive statistics, comparative statistics and inferential statistics.

  Why is innovation important

"Why is innovation important? What would you recommend to encourage more innovation in your organization?"

  Patents and copyrights in protecting intellectual property

Identify and briefly discuss three key advantages that trade secret law has over the use of patents and copyrights in protecting intellectual property.

  Evaluate the company as a potential employer

Compare the difference between job satisfaction and organizational commitment. Apply motivational theory and performance management principles to evaluate the company as a potential employer.

  Benefits of strategic group analysis and strategic mapping

What are the benefits of strategic group analysis and strategic mapping?

  Discuss digitalisation challenges in procurement

1. Digitally transforming procurement practices is the most significant challenge and opportunity for most firms.

  Collision domains or just one large collision domain

Which is better to have more and smaller collision domains or just one large collision domain?

  Web site of cdc morbidity

Visit the Web site of CDC's Morbidity & Mortality Weekly report www.cdc.gov/mmwr. Has the CDC reported any new outbreaks or health risks this week? What other issues is the nation's epidemiology agencies concerned about this week? Discuss in detai..

  What does conflict mean to you

Write one-page reflection on CONFLICT, Here are some guide questions to help you in your reflection. Please answer in paragraph form.

  What is a balanced transportation problem

What is a balanced transportation problem? Describe the approach you would use to solve an unbalanced problem.

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