Question: Company name - Pure leaf Ice tea https://www.pureleaf.com/us/product-category/real-brewed-iced-tea Recap your company Vision, Mission, Values. Briefly summarize what you find. Cite correctly Identify 4 direct
Company name - Pure leaf Ice tea
https://www.pureleaf.com/us/product-category/real-brewed-iced-tea
- Recap your company Vision, Mission, Values. Briefly summarize what you find. Cite correctly
- Identify 4 direct competitors and 2 indirect competitors; explain which company owns each.
- For your product line, suggest the specific Segment Traits (demographic, behavioural, psychographic) to better quantify the target Segment here in Canada.
- List 5+ Product Attributes that the Target Segment you identified in Part 3, may reasonably bring to a purchase decision. One or more of the attributes must be 'subjective' or emotional eg brand trust, or prestige status it infers, etc
- Find whether the 6 competitors would perform better or worse than your Product line, in the POV of the Target. Use Secondary and Casual (user ratings) research. CITE!
- Using what you found, make a Strategy Canvas of all 7 product across each of the 6 Attributes
- Explain how your product outperforms (for the Target) each alternatives in a specific ideal "Consumption Occasion" ie when it outperforms each of the others.
- Study the Attributes that hold back your brand; suggest a possible license partner to lend strength to your item for this Target. Defend your choice (be sure the licensed brand & their parent/owner is NOT in any conflict with your firm!).
- Explain if you would pursue the licensed option & if there is another path to growth you would pursue. Defend your view and explain how what you suggest will appeal to the Target.
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