Developed two new flavors-pomegranate and kiwi

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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

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