Question: 1 . Situation Analysis Size - up the situation facing Drinkworks. This section should provide a foundation for your recommendations by assessing the business objectives
Situation Analysis
Sizeup the situation facing Drinkworks. This section should provide a foundation for your recommendations by assessing the business objectives and strengthsweaknesses relative to competitors, identifying key insights about consumers, and highlighting relevant external factors eg social, economic, and technological trends Your goal should not be to summarize information provided by the client, but rather to call attention to critical issues and offer valueadded insights that explain why your recommendations make sense.
Use porters forces, and a SWOT analysis
Brand positioning
Identify and describe brand positioning of Drinkworks. This section should explain its brand values and explain how the firms tangible and intangible brand assets contribute to its relative competitive advantages in the marketplace. Use STP segmentationtargetingpositioning to explain what is the right target for Drinkworks and what is its potential market size? What is its value proposition and how should it be positioned compared to its competitors?
Segement, target and postion, based on the data related in the case
Marketing mix
Strategic alternatives
Focusing on product and pricing decisions. Which pods should Davis introduce and how should the device and pods be priced? Specify the target market for each strategic alternative and why your product and pricing decisions serve their needs. Be aware that Drinkworks expects you to consider at least two and no more than four mutually exclusive courses of action. Be sure to clearly explain the reasoning behind your recommendations and consider both financial implications and potential implementation challenges. You may wish to include tables andor figures to illustrate your ideas.
Other Marketing Mix Recommendations
Discuss implications of your strategy for other aspects of the marketing mix:
Distribution: What distribution channels should Davis select to launch Drinkworks?
Promotion: How to promoteadvertise Drinkworks?
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