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Published byAntony Mills Modified over 9 years ago
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Prepare for Take-Off JetBlast in Canada, United States, and Mexico Aggressive branding Functional ingredients
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Getting Started Outsource production Infrastructure
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Energy Drinks Story Dominated by Red Bull since 1987 Energy drink market in US estimated at $1billion in 2004 Mexicans consume second highest per capita rate of related beverages Canadian market is unsaturated; due to restrictions lifted in 2004
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Successful Marketing Unique Selling Proposition Functional ingredients to reduce fatigue, increase concentration, and stimulate the mind –Taurine –Caffeine –Guarana Great taste Not meant to re-hydrate or quench thirst
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Other ingredients Carbonated water Sugar Flavoring Vitamins Ginseng
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Who is JetBlast up against Red Bull Monster Bawls Guru Hype SoBe Adrenaline Rush Energy 69 Blue Shot Mountain Dew Amp Full Throttle 180 Anheuser Busch B E Molson Kick Starbucks Doubleshot
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Product Life Cycle Canada –Introduction Stage –Revised Regulations United States and Mexico –Growth Stage –Availability for more than 10 years
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Infrastructure Efficient ground shipping all over North America Montreal has access to air, sea, ground, rail
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Demographics Populations Canada 32 million –Median age 38.2 United States 293 million –Median age 36 Mexico 105 million –Median age 24.6
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Demographics Languages English Spanish French
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Politics & Regulation NAFTA Tax rates Health Canada Food and Drug Administration Secretaría de Salud
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Economic Considerations
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Human Resource Considerations Outsourcing –Production –Packaging JetBlast personnel specialize in marketing Hiring locally within each country Corporate culture imposed on all employees
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Branding and Packaging Tri-lingual packaging “JetBlast” can be pronounced easily in French and English May be pronounced “Het-blast” in Spanish but does not have a negative phonetic translation
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Target Market University students Athletes Young adults in social settings
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Distribution Production in Montreal Distribution facilities located in the US and Mexico Retailers Online ordering
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Pricing Average price US$1.50 to US$2.50 JetBlast will be priced accordingly, around US$2.00
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Promotion Majority of new brands follow Red Bull Aggressive promotional activity needed to differentiate JetBlast Need to communicate well with target –JetBlast Bashes –Association with both social and functional settings
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