Marketing Plan: Company Analysis Assignment. Jordan Poe School of Business, Liberty University BUSI 330: Principles of Marketing Professor Henegar July 8, 2024 Marketing Plan: Company Analysis Assignment Executive Summary The “Dismantled” Handheld Water Purifier is an innovative, portable device designed to turn any kind of contaminated water into safe, purified drinking water. This groundbreaking product addresses the global need for clean drinking water, providing a reliable solution for individuals in both developed and developing regions. Our goal is to enable Dasani’s strong brand reputation and Coca-Cola’s broad distribution network to make this product widely available and accessible. Company Description The name of the Fortune …show more content…
In addition to this line of products is the all new Dasanified Handheld Water Purifier. Dasani, a brand under Coca-Cola, is known for its high-quality bottled water. The introduction of the Dasanified Handheld Water Purifier aligns with our commitment to sustainability and innovation, addressing the critical issue of water scarcity and safety worldwide. Strategic Plan and Focus Market Analysis The target market includes adventure enthusiasts, travelers, disaster relief agencies, and residents in areas with poor water quality. The global water purifier market is projected to reach USD 45.3 billion by 2027. Current trends indicate an increasing awareness of waterborne diseases, rising demand for portable water purifiers, and advancements in purification technology. Product Development The Dasanified Handheld Water Purifier features a compact design, lightweight construction, user-friendly interface, advanced filtration technology, and long battery life. We plan to collaborate with leading water purification experts and invest in cutting-edge filtration technology to ensure maximum efficiency and reliability. Mission: To provide safe, clean drinking water to everyone, everywhere, by developing innovative, portable water purification solutions …show more content…
Core Competency Dasani’s core competency lies in its strong brand reputation, extensive distribution network, and expertise in water purification. Backed by Coca-Cola’s resources and commitment to innovation, Dasani is well-positioned to lead the portable water purifier market. Sustainable Competitive Advantage: Dasani’s established reputation for quality and safety gives it a significant edge over competitors. Leveraging Coca-Cola’s global distribution channels ensures wide availability and accessibility. Continuous investment in research and development to enhance the product’s effectiveness and user experience. Aligning the product with Coca-Cola’s sustainability initiatives fosters consumer loyalty and trust. Marketing Strategy Highlighting the product’s reliability, portability, and ease of use in marketing materials. Utilize social media, influencer partnerships, and online advertising to reach tech-savvy consumers and adventure enthusiasts. Collaborate with NGOs, disaster relief organizations, and outdoor adventure brands to promote the product. Place the product in outdoor equipment stores, travel shops, and online marketplaces. The Dasanified Handheld Water Purifier is poised to revolutionize the way people access clean