Professional Documents
Culture Documents
Product:: I. Three Levels of Product
Product:: I. Three Levels of Product
Quality:
- Tangible good
- low- alcoholic beverage
Design:
- Warm color
- Using glass and metal material
B. Branding
C. Packaging
Two type of packaging: Glass bottle and Metal can
D. labeling:
Describe all key information about Strongbow items.
3. Branding Strategy
Line extension: there are 5 flavors
Evaluation
Pros
- Low alcohol
→ Easy to drink
- Have a lot of choices
- Eye-catching packaging
Cons
Price
I. MAJOR PRICING STRATEGIES
- Affordable pricing
A. pricing strategies
Market comparation:
Product line bundle: You can get a better deal on a strongbow if you buy it with
other items.
Product line pricing:
Psychological pricing
Promotional pricing (Special event):
Discount (Quantity): Quantities discount: 21% discount if customers buy a crate
Segmented pricing
- Product - form pricing:
- Location segmented pricing
Evaluate
Pros
- Many reviews and comments wrote that it is a suitable and good price for
the product so it is effective pricing strategy
- In comparison to others, Strongbow has the most competitive pricing.
Cons
Strongbow didn't give its products much of a bonus in special events.
Place:
Supply chain
Wholesaler: Supermarkets
Retailer
- Convenience stores
EVALUATION
Pros
- Intensive distribution:
+it is more accessible more than other brand.
+ Always available
Cons
Using several distribution channels makes it more difficult to control
III. Product life cycle