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Henil Bhalani Marketing Final
Henil Bhalani Marketing Final
Course Identification
Group: 8032
Duration: 2h30min
Student Identification
LaSalle College 1
Instructions
Mark Breakdown
LaSalle College 2
CASE STUDY: FOR USE FOR ALL QUESTIONS
Highlights:
● Campbell Soup is launching V8+Hydrate, a new line of hydration beverages using sweet
potatoes, according to a press release. The New Jersey company said this is the first-
ever beverage to use the vegetable as natural electrolytes in a drink.
● The 8-oz cans have 45 calories, one serving of vegetables and no artificial sweeteners.
The non-GMO, gluten-free and vegan drink comes in three flavors: strawberry
cucumber, coconut watermelon and orange grapefruit. The drinks, which have a
suggested retail price of $4.99 for a six-pack, will be sold by Amazon, Walmart.com and
Peapod. It also is launching in retail outlets, MediaPost reported.
● The new product "responds to key consumer demands," Diego Palmieri, chief marketing
officer for Campbell Soup’s U.S. Meals and Beverages division, said in a statement. "We
know our consumers are seeking to live healthier lifestyles and turning to products that
contain added nutrients and functionality."
Insight:
Campbell Soup’s new drink contains all the buzzwords that consumers are looking for —
healthy, gluten-free, plant-based, GMO-free and low calorie. For a company best known for
soups, Pepperidge Farm cookies and Goldfish crackers, its new V8+Hydrate line pushes the
company into the hydration business where it will compete against leading brands such as
Gatorade, Powerade and BodyArmor.
Sales of water derived from plants like maple or coconut are projected to double to $5.4 billion
by 2020 as “healthy hydration” grows in popularity, according to a report by Zenith Global.
Campbell Soup may be hoping V8+Hydrate gives them a stake in this fast-growing market, and
that sweet potatoes are the latest fad to catch on with consumers.
If shoppers gravitate to sweet potatoes to help them hydrate, then Campbell Soup could be
among the early leaders. In a recent consumer study, Campbell Soup said the new V8+Hydrate
Strawberry Cucumber drink was picked by consumers over Vita Coco Pure Coconut Water. It's
a good start but the hydration and plant-based markets are competitive with several big-name
brands already established.
LaSalle College 3
This isn’t the first time Campbell Soup has expanded V8. A few years ago, the New Jersey
company noticed that only 35% of people liked tomato-based drinks — the product V8 is known
for. Campbell Soup has since added energy-based beverages to the V8 line as well as fruit and
vegetable blends.
Industry Trends
Plant-based waters market size was more than USD 2.5 billion in 2016 and is envisaged to
witness phenomenal growth of more than 19 % between 2017-2024.
U.S. Plant-based Waters Market Size, By Product, 2013 - 2024 (USD Billion)
LaSalle College 4
Element of the competency: To establish a marketing plan and ensure its implementation.
Evaluation criteria:
PESTEL Analysis / 20
● Correct interpretation of data
● Logical process of ideas
● Clear, concise and complete answers
● Coherent connections to the case study
location of industry.
education level of customer.
the brand name, logo,and adverting can affect the society.
population of a country (aged or young)
SOCIAL
LaSalle College 5
new and advanced technology can change affect a production.
advancement in technology by a competitors.
Using of old technology like hand making and lead to production
speed.
advertising on Online platform, own website.
TECHNOLOGICAL
ENVIRONMENTAL
changing in such laws: - this laws can affect in both the ways positive
and negative.
1.environmental law
2.employment law
3. health and safety law.
LEGAL
LaSalle College 6
Element of the competency: To establish a marketing plan and ensure its implementation.
Evaluation criteria:
Value proposition canvas / 10
● Correct interpretation of data
● Logical process of ideas
● Clear, concise and complete answers
Positioning statement / 10
● Coherent connections to the case study
benefits that the consumer anticipates, seeks, or is surprised by This encompasses things
Gains like functional usefulness, social advantages, happy feelings, cost savings, and so forth.
certain client group is attempting to accomplish. This might be jobs they're attempting to do, issues
Customer
they are trying to solve, or desires or needs they're attempting to meet.
jobs
Product and
services
design of a product.
Gain creators
Pain relievers
POSITIONING
STATEMENT
LaSalle College 7
Element of the competency: To establish a marketing plan and ensure its implementation.
Evaluation criteria:
● Correct interpretation of data Depth of description / 10
● Logical process of ideas
● Clear, concise and complete answers
● Presence of theories, elements and concepts Relevance to the product /5
● Coherent connections to the case study
Offering birthday discounts and loyalty points will assist the organisation
in retaining consumers.
PERSONA 3
LaSalle College 8
Element of the competency: To establish a marketing plan and ensure its implementation.
Evaluation criteria:
● Correct interpretation of data
● Logical process of ideas
SWOT analysis Of V8 product / 20
● Clear, concise and complete answers
● Presence of theories, elements and concepts
● Coherent connections to the case study
LaSalle College 9
Element of the competency: To establish a marketing plan and ensure its implementation.
Evaluation criteria:
● Correct interpretation of data USP / 10
● Logical process of ideas
● Clear, concise and complete answers
● Presence of theories, elements and concepts Elevator pitch /5
● Coherent connections to the case study
best drink for every age which is made with all goodness of sweet
potato.
ELEVATOR
PITCH
LaSalle College 10
Element of the competency: To establish a marketing plan and ensure its implementation.
Evaluation criteria:
● Correct interpretation of data Knowledge of strategy /5
● Logical process of ideas
● Clear, concise and complete answers
● Presence of theories, elements and concepts
Justification /5
● Coherent connections to the case study
JUSTIFY
LaSalle College 11