StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

MarketingMarketing Mix: Budweiser - Essay Example

Cite this document
Summary
The following analysis “Marketing Mix: Budweiser” evaluates Budweiser’s current marketing strategy and competitive advantage. Despite the presence of various beer brands in the international market, Budweiser has maintained its respectable share in the global market due to its distinct product identity…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
MarketingMarketing Mix: Budweiser
Read Text Preview

Extract of sample "MarketingMarketing Mix: Budweiser"

StrengthsOne of the company’s greatest strengths is its unique name and product branding and packaging. From the catchy name to the unique bottle, Budweiser has made its clientele keep coming back for more.The taste offers appeals to most people, across different age brackets, gender, race, and location.WeaknessesThe so-called Budweiser trademark dispute where three companies stake claim to the name “Budweiser.” Not only does it add confusion to the general public, but it also varies the product taste and packaging.

Its “drinkability campaign” has received mixed reactions from critics. Due to its outrageous commercial campaign, at some point, they have lost their ability to differentiate their brand.Some find their current ad campaign as boring.OpportunityIts current competitive edge may bring about an opportunity for the company to introduce a different product bearing the same brand name “Budweiser.”ThreatsAn outrageous ad campaign may signify a decrease in its number of beer patrons.

Different tastes of different “Budweiser” companies may allow unfair taste comparisons and eventual decrease in market share.ConclusionDespite the aforementioned weaknesses and threats, Budweiser continues to have a competitive advantage over other brands due to its stand out product name, label, and packaging. Furthermore, “sin” products such as alcoholic beverages maintain a competitive edge over other beverages despite outrageous ad campaigns and continuous government warnings.

It may or may not have an agreeable marketing strategy. Nevertheless, the product name says it all. The name Budweiser has given another denotative meaning to beer, or to make it concrete – Budweiser has made itself synonymously identified to beer.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Marketing Mix: Budweiser Essay Example | Topics and Well Written Essays - 250 words, n.d.)
Marketing Mix: Budweiser Essay Example | Topics and Well Written Essays - 250 words. https://studentshare.org/marketing/1557988-marketing
(Marketing Mix: Budweiser Essay Example | Topics and Well Written Essays - 250 Words)
Marketing Mix: Budweiser Essay Example | Topics and Well Written Essays - 250 Words. https://studentshare.org/marketing/1557988-marketing.
“Marketing Mix: Budweiser Essay Example | Topics and Well Written Essays - 250 Words”. https://studentshare.org/marketing/1557988-marketing.
  • Cited: 0 times

CHECK THESE SAMPLES OF MarketingMarketing Mix: Budweiser

Use of Marketing Mix by Small or Medium Businesses

An owner or a manager of a small business has to design and plan out a comprehensive marketing program for the company to meet In order to do this, he makes use of a number of tools, which is known as the marketing mix.... Marketing mix generally consists of the choices an organisation has to make to introduce a product or service or to increase the saleability of the product.... According to renowned marketing guru Philip Kotler, "The marketing mix is the set of marketing tools the firm uses to pursue its marketing objectives in the target market" (Kotler P....
6 Pages (1500 words) Essay

Promotional Mix: Advertising, Sales Promotion, and Direct Marketing

The essay “Promotional mix” discusses the promotional mix of an organization, which involves a series of different activities that a firm undertakes in order to communicate the benefits of the goods and services provided by it.... A promotional mix is a combination of advertising.... hellip; The author states that AAFES is unique in the sense that it serves a part of the market which is not being served by any other players in the market, therefore, it faces a unique and different challenge in offering its promotional mix to its desired customers' segment i....
2 Pages (500 words) Essay

FOREIGN MARKET ENTRY AND DIVERSIFICATION

The secret of success was the selection of local distributors who knew the local business environment well and offering of full autonomy to handle the… Gradually the brand Corona expanded to 150 countries worldwide with the strength of quality and image.... Modelo acquired some other beer businesses in order to achieve consolidation in the industry and compete with the rivals who were very big....
5 Pages (1250 words) Essay

The Role Of International Business Practice

These two-pronged strategies include expanding the budweiser brand globally and simultaneously strengthening equity partnerships with other large brewers around the globe.... An essay "The Role Of International Business Practice" discusses that the brands include Bud Light, Michelob, Busch, Busch Ice and Bare Knuckle Stout....
9 Pages (2250 words) Essay

Marketing Mix for McDonalds

In the technology driven age where the attention span of people is short a promotion campaign should be terse to catch the Marketing mix for a McDonalds' Product Product – Low fat blueberry muffin.... Price – At McDonalds the price of a product may change from one outlet to another as it is affected by the location of the outlet also because there are different franchisees....
2 Pages (500 words) Essay

JIT and Min/Max Inventory

JIT helps in removing wastes from a time perspective, investment perspective and workforce perspective.... JIT follows a Pull method of manufacturing and acts as a tool to… JIT has proved to be very effective in retail environment.... JIT works the best for those retailers who have a significant control over the upwards supply chain....
2 Pages (500 words) Essay

Marketing and Advertisement - Super Bowl Ads

The top three advertisements as per the recent rating that occurred Feb 1 is as follow; “lost dog” by budweiser rated 8.... budweiser over the past ten years it has proven its consistency in the rating of their advertisement.... budweiser in its advertisement has used dogs and puppies that many Americans keep them as pet.... This year they have tremendous improvement, but still they can do better to challenge budweiser.... For instance, the advertisement of “lost dog” by budweiser did not have uniform performance on each measure....
2 Pages (500 words) Essay

Category Management: Budweiser Beer

In the paper “Category Management: budweiser Beer” the author looks at one of the most popular brands of beer especially in the U.... He introduced America's first national beer brand: budweiser.... (budweiser, Brewery-original offices, 2008).... The main brands produced by Anheuser-Busch are budweiser, Bud Light, budweiser Select, BL Lime, budweiser American Ale, Chelada, Bud Dry, Bud Ice, Bud Ice Light, Michelob Lager, Michelob Light, Michelob Amber Bock, Busch beer, Bass, Becks, Kirin, etc....
7 Pages (1750 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us