Appendix 1: Marketing Plan
50 questions available
Questions
What is the primary difference between a business plan and a marketing plan?
View answer and explanationWhat is the primary marketing objective for Chill Beverage Company's NutriWater in its first year?
View answer and explanationAccording to the Current Marketing Situation, which factor has recently taken the 'fizz' out of the soda market?
View answer and explanationWhat is NutriWater's positioning based on its value proposition?
View answer and explanationWhat is the key issue that Chill Beverage faces in launching the new NutriWater brand?
View answer and explanationHow much money per purchase of NutriWater is donated to the non-profit organization Vitamin Angels?
View answer and explanationWhich of the following is NOT a targeted consumer segment for NutriWater in its first year?
View answer and explanationWhat is the primary reason given for the rapid growth of functional waters as a beverage category?
View answer and explanationWhat is the estimated first-year sales goal for NutriWater in terms of the number of bottles sold?
View answer and explanationWhat is the second-year sales objective for Chill Beverage's NutriWater?
View answer and explanationWhat is the slogan for NutriWater, as stated in the executive summary?
View answer and explanationAccording to the break-even analysis in the Budgets section, what are the estimated first-year fixed costs for NutriWater?
View answer and explanationWhat is the calculated break-even volume in units for NutriWater based on the figures provided in the 'Budgets' section?
View answer and explanationWhich company owns the competitor brand Vitaminwater?
View answer and explanationWhat is NutriWater's distribution strategy for its initial launch?
View answer and explanationWhich of the following is NOT part of NutriWater's initial marketing communication strategy?
View answer and explanationWhat method will Chill Beverage primarily use for marketing research to gauge customer perceptions and satisfaction?
View answer and explanationIn the Action Programs section, what is the key activity planned for the month of June?
View answer and explanationWhat is the primary strength of NutriWater, as identified in the SWOT analysis?
View answer and explanationWhat is the primary threat to NutriWater's success, according to the SWOT analysis?
View answer and explanationWhat is the primary purpose of a marketing plan's 'Controls' section?
View answer and explanationWhich company, with over 50 brands, is the market leader for 'plain' bottled water in the U.S.?
View answer and explanationWhat percentage of the total bottled water market do functional water sales currently account for?
View answer and explanationHow does NutriWater's vitamin concentration compare to its market-leading competitors?
View answer and explanationWhich of the following is NOT listed as one of NutriWater's six 'new-age' flavors?
View answer and explanationWhat is the slogan for the competing brand, Vitaminwater?
View answer and explanationHow many bottled varieties does the competitor brand Vitaminwater offer?
View answer and explanationWhich competitor brand is marketed as 'The Workout Water'?
View answer and explanationWhat type of pricing strategy will NutriWater follow for its launch?
View answer and explanationWhat single factor is noted as having a dramatic impact on both buyers and the marketers who serve them in the digital age?
View answer and explanationWhat is the primary characteristic of the functional water subcategory that makes it a strong market to enter?
View answer and explanationWhich of the following is NOT listed as a weakness for NutriWater in the SWOT analysis?
View answer and explanationWhat is the primary 'opportunity' that Chill Beverage hopes to exploit with NutriWater?
View answer and explanationWhat legal issue is mentioned as a threat to the 'image of enhanced waters'?
View answer and explanationWhat is the average retail price per bottle that Chill Beverage uses to calculate its first-year sales goal of $50 million?
View answer and explanationIn the Action Programs section, what is the main focus of the March campaign?
View answer and explanationWhat is the per-unit variable cost assumed in NutriWater's break-even analysis?
View answer and explanationHow will Chill Beverage's affiliation with its core Chill Soda brand be handled for the NutriWater launch?
View answer and explanationWhat sweetener is used in the competitor brand SoBe Lifewater?
View answer and explanationWhich of these is NOT a role of marketing research as described in the appendix?
View answer and explanationAccording to the 'Competitive Review', what was the market share of Vitaminwater in the functional water market?
View answer and explanationWhat type of promotional tactics will NutriWater's event marketing teams use?
View answer and explanationWhat is the primary target segment for NutriWater, as described in the 'Marketing Strategy' section?
View answer and explanationWhy does the appendix state that a marketing plan is linked to other departments within an organization?
View answer and explanationWhat is the average wholesale price per unit for NutriWater, as stated in the 'Budgets' section?
View answer and explanationWhat is the primary reason Chill Beverage will initially avoid distributing NutriWater through the same channels as Coca-Cola and PepsiCo?
View answer and explanationWhat does the 'antiestablishment image' listed as a strength for NutriWater primarily refer to?
View answer and explanationWhat is the primary function of a pro forma profit-and-loss statement in a marketing plan?
View answer and explanationIn the appendix, how is the 'Executive Summary' of a marketing plan characterized?
View answer and explanationWhat is the estimated market share of PepsiCo in the total U.S. bottled water market?
View answer and explanation