Crescent pure- A Harvard case study

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Transcript of Crescent pure- A Harvard case study

Page 1: Crescent pure- A Harvard case study
Page 2: Crescent pure- A Harvard case study

Crescent’s History

Founder : Peter Hooper

Year : 2008

Aim : To create a drink that would refresh,

energize, and enhance metal focus without compromising health.

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Crescent PDB

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PDB’s Strategies :

• Organic beverages.

• Soft launch

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Sarah Ryan VP of Marketing for PDB had

to decide product-positioning strategies

for Crescent pure to maximize revenue

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Of the D

rink

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Positioning Options

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Sports Drink

Pros and Cons

Hydrating

Mental focus

Energy boost

Crescent

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Pros and ConsEnergy Drink

Uniqueness

Less sugar more energy and caffeine

Absolutely Organic

Market $8.3 billion

Crescent = $2.75 for 8 oz

POD

Organic

Minimal caffeine

No stimulants

No artificial sweetners

Negative media attention

Only 32% consumers in last 6 months

Page 10: Crescent pure- A Harvard case study
Page 11: Crescent pure- A Harvard case study

En

erg

y D

rin

ks Market Size

Consumer data

Competition

Opportunity

Threats

Sp

ort

s D

rin

ks Market Size

Consumer data

Competition

Opportunity

Threats

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Market consumer study

0

10

20

30

40

50

60

Refreshing Healthy Affordable Functional Too Sweet Suitable forTeens

Fun Natural Hydrating None of these

Energy drink

Sports Drinks

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Crescent’s online consumer

Demographics

0% 10% 20% 30% 40% 50%

18-24

25-34

35-44

45-54

55+

Age based demographics

Percentage

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Other Demographics

0.59, 59%

0.41, 41%

Gender-wise

Male

Female

College

Degree 62%

Household

income(median)

$42,500

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0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

Percentage of respondents who described Crescent

Percentage

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Page 17: Crescent pure- A Harvard case study

Energy Drink

Fast Market

Growth.

Organic and

natural

ingredients

Age group 18-34

were major

Consumers.

Very High

Competition

People choosing

Healthier and

organic drink

Negative media

Remarks.

Concerns about

health and

safety

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Sports Drink

Large Consumer

Base.

More people find

it healthy and

Refreshing.

Increase in

market

is less.

Healthy, low-

sugar drinks are

in high

demand.

Rise in market

size for healthy

drinks.

Government

guidelines

to remove high-

calorie sugary

drinks and

snacks from

schools.

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Energy Drink Sports

drink

Organic Energy Drink

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Page 21: Crescent pure- A Harvard case study

Profit margins

18%

25%40%

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Costs and calculations for break-even

Break-

even

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Summary

Pros and cons of each

position

Strategies and

Positioning problem

Company history,

acquisitionMarket research

Market Analysis

Recommendation on positioning

SWOT Analysis

Break-even analysis

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Credits

https://images.google.co.in/

portlandbeverage.com/

https://pixabay.com/

www.livestrong.com › Food and Drinkhttps://www.youtube.com/watch?v=TrrRAWG36gI

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Disclaimer

Created by Prajakta Tamhankar, VIT Mumbai,

during marketing management internship

under Prof. Sameer Mathur, IIM Lucknow.