Final Project: Marketing Mix - Product

"Product is Anything that can be offered to a market for attention, acquisition, use, or consumption that might satisfy a want or need. "Marketing: An Introduction for Education Management Corporation, 10th Edition pg. 208. The Story of our product, IN-SEASON Spirits continues in 2011, when we launched our flavor "StrawMISSBERRY" in 2009, it sparked a cult-like following of loyal fans across the country. In turn, it escalated the IN-SEASON brand to a whole new level. Today we have our unique flavor, "StrawMISSBERRY" (Strawberry.) Pretty soon we will be releasing four more refreshing flavors to the market, which will result in endless cocktail creations. These flavors are as follows:"PomaGRANITDAMNIT!" (pomegranate) the freshness of this fruit is produced during the months of AUG-DEC. "WhatA-MELON" (watermelon) flavored vodka, which is best in season through the months of June-Nov. Our 4th flavor of vodka is "The GRAPE-Escape"(Grape) in which this fruit is in season during the months of July-Dec. Our 5th flavor is "BaGUAVA-Mama!" (Guava) which this fruit is in season during the months of Nov-April. For more information about our upcoming product, please feel free to go to our website IN_Seasonspirits.com. IN-SEASON Spirits aims to show the world how serious we are about the exclusivity of our product and  delivering the freshest flavored vodka the market has to offer. "Some companies manage very complex product portfolios""Marketing: An Introduction for Education Management Corporation, 10th Edition pg.220. We as a brand would love to become big enough to hold a complex portfolio, we are trying to take it one step at a time by releasing one flavor, even though we have 5 more in store.As for now IN-SEASON Spirits main and only focus is on strengthening the brand.

Final Project: Target Marketing Strategy

When unveiling a new product, companies come up with different plans or strategies on how to attack the market place or their competition.  "Companies need to consider many factors when choosing a market-targeting strategy. Which strategy is best depends on company resources. "Armstrong & Kotler (2011). Marketing: An Introduction, 10th Ed. Prentice Hall Publishing   This is a smart way of conducting business, if you want to be successful.  IN-SEASON Spirits has recruited the best most experienced marketing individuals, to introduce our new product, which is "StrawMISSBERRY" Flavored Vodka in this highly competitive spirits field."When a firm introduces a new product, it may be practical to launch only one version, and undifferentiated marketing or concentrated marketing may make the most sense."Armstrong & Kotler (2011). Marketing: An Introduction, 10th Ed. Prentice Hall Publishing pg. 32. Although we have already come up with 5 unique flavors for our brand, we as a company thought that it would be best to concentrate on one flavor for now. To make sure that we market it properly and strengthen the brand before the release of our other flavors. Our vodka is very unique, therefore our main target is the more sophisticated type of individual from the ages 25-40. Our vodka is not what one would call a "shooter" type of beverage. It is meant to be more of a "martini" or "specialty cocktail" kind of  flavored vodka. For this reason we chose to have marketing campaigns in more sophisticated type of publications, as well as strategically handpicked markets in different major cities.

Final Project: Situation or SWOT Analysis

SWOT Analysis is a useful marketing technique for understanding the companies or brands Strengths and Weaknesses, and for identifying both the Opportunities open to you, and the Threats you face as a business. According to the book "Marketing planning involves deciding on marketing strategies that will help the company attain its overall strategic objectives. A detailed marketing plan is needed for each business, product, or brand." (Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions p. 55). Some of the strengths of IN-SEASON Spirits are that we use the freshest of ingredients to make our vodkas as opposed to other "Big Boys" or well-known brands that are used to making mass production and using product not as refined as our exclusive product. Our Exclusivity is very important to our brand at the same time it could be a weakness or as I would like to call it a challenge. Challenges or obstacles can be overcome. Being that we are an exclusive seasonal brand, in order to stay in the public eye of our loyal fans, we depend on word of mouth marketing, and a lot of our spending budget is in that department. We feel that we have to spend  money on marketing to compete with the bigger brands, that offer the same flavored vodka as IN-SEASON Spirits. According to the marketing textbook "One firm can have essentially the same strategy as another, yet win in the marketplace through better execution."(Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions p. 57). That is exactly how IN-SEASON Spirits feel when it comes to comparing our flavored vodkas to other more known flavors that carry the Absolut, Skyy, Grey Goose, Belvedere, Three Olives brands, there's no competition. That is our motto we live by, and thats what our loyal fans and consumers see in our product. "Planning good strategies is only a start toward successful marketing. A brilliant marketing strategy counts for little if the company fails to implement it properly."(Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions p. 57) IN-SEASON Spirits believes in this quote, that is why every opportunity we have we got to execute, especially being a fairly new boutique flavored vodka. As the Director of Marketing i intend to reach out to all the hippest, hottest restaurants in the major cities, like Chicago, Miami, LasVegas, New York, Los Angeles etc. and conduct tasting parties or mixers. Along with that Social media is going to be a major tool as well. We are heavily involved on Twitter, FaceBook, and all other social media outlets. One opportunity we look to jump on is that along with being a sophisticated Flavored vodka,  for business men, we also take a "lady friendly" approach to the packaging of our product with the sparkling pink bottle with artistic lettering that translates along with the flavor, being strawberry. That in turn, is appealing to ladies that may want to try it, and enjoy it. Another opportunity that we hope to capitalize on is that we only release a limited yearly quantity of our fresh flavor, which leads to our exclusivity, that in turn equals anticipation to get hands on our product.

Final Project: Objectives

 When a new company is starting out, it is very important that they have a strategic short term and long term plan. This plan is done by setting goals, being aware of their competition, budgets, what it is that they are trying to sell, etc. "Developing the promotion budget by (1) defining specific objectives, (2) determining the tasks that must be performed to achieve these objectives, and (3) estimating the costs of performing these tasks. "(Marketing: An Introduction for Education Management Corporation, 10th Edition. Pearson Learning Solutions pg 389. IN-SEASON Spirits main objectives are to continue to produce and distribute a great product using the freshest fruit year after year, using the most modern technology in our distillation process. Another objective is to cater to to our loyal fans, by keeping them up to date with any new products or flavors or business partnerships, promotions, or events that IN-SEASON Spirits may be conducting in the near future thru email, social media, or website.

EOC WEEK 8:What makes my vodka so special

"IN-SEASON" Vodka celebrates life on every level. You are fascinated by the freshness that comes with this Strawberry flavored spirit, from the smoothness and subtleness as it hits your pallete.The complexity of the freshly distilled strawberries draw out and complements the flavors of whatever is mixed with. Add to that the distinctly clean finish of and absence of alcohol burn, and you have the most celebrated vodka cocktail experience IN-SEASON takes great pride in all the fine detail that comes with this product, aside from the freshness,and the uniqueness about the bottle packaging and presentationEach of our bottles comes with a personalized booklet with our 5 signature cocktails.Most vodkas begin in a big Industrial column still of fermented wheat that produces an enormous amount of gallons a minute, then a little fruit extract is added and Cha-Ching!! You have Fruit Flavored Vodka.  Our story is different, “IN SEASON is Handcrafted with the finest Fresh fruits that are in season. The difference between our company and brand is that we start by distilling Fresh Fruit on the same day its picked or delivered. We work through the night so that the flavor that we capture in our still represents the fruit at its most thrilling moment. We produce “Eaue de Vie” or water of life. Using centuries old methods of distillation in a copper still. Our  delicious flavors of vodka begin the same way, Craft distillation by hand in small batches.  Our highlighted flavor is "StrawMissSBERRY" distilled from fresh strawberries from Ventura county. One of our signature cocktails is called "The Strawberry Field" it consists of 1.5 ounces of StrawMSBERRY flavored vodka, fresh muddled strawberry and mint. 1 oz of fresh sour, .5 oz of simple syrup. Served up in a martini glass w/ a crumb crusted rim. Garnished w/ 3 mint leaves.

EOC Week 9: Creative content

 My creative content for my final project is not 100% decided on, but i am pretty sure it is going to include some arts and crafts of some sort from me to come up with the bottling presentation that i envision to be my creative content for my final project. i know the color scheme that i want to use and the type of bottle i want to use. I know that i will be making a trip to the nearest Michael's and Lee's discount sore in order to get certain materials that i will need for this project. I am going to "dress up" my bottle the way i want it to look and then take a picture of it and upload it to my blog page. I am also going to make a powerpoint presentation to introduce my new product to potential companies or businesses that may lead to possible accounts for IN- SEASON Vodka. Stay tuned for more information. Website is still under construction.

EOC;Week 9: Three great mission statements

 First mission statement that I thought was a great one is Noe Velez’s his read “Elaborated with refined european grains, and a small quantity of caffeine is added.” I liked how Noe used the term “elaborate” and I also liked the idea of a caffeinated vodka. The second Mission statement I read was Grover Clevelands’s it simply stated “The mission of Verb Vodka is to give a quality beverage to accent a good time, as well as promoting responsibility when consuming  alcoholic beverages and participating in sexual activities’ I like the whole idea in general, because we all know what happens when there are guys and girls hanging out and theres alcohol present. The third Mission statement that I found interesting is Vannesa Chantals statement “Ano Makana” I just love the name and the meaning behind it. It sounds exotic and it leads to the imagination and makes the consumer want to find out more information on the product.