Marketing plan for Zico water. The product is a type of coconut water which has been successful in America.

Authors Avatar by generaldeekay (student)

Introduction

As the new communications officer for Zico, the company is going to introduce a new product into the market. The product is a type of coconut water which has been successful in America. Coconut water is going to be a new product to the people of the UK. As the Olympics approach I am going to choose football as a sport to which we will promote our drinks around. Also the venue which the company will be using here is the City of Coventry Stadium.  As already know football is a globally loved game and we hope for our drink to be like football. The stadium is going to host a number of football games both women and men. The target audience here will include both children and adults. As we are all aware there are impacts on advertising which are caused by environmental issues. This could be negative or positive. Environmental issues such as social, political, economical and technological can all affect advertising.  For instance advertising gives consumers information about a product and thereby making it popular among consumers.  Also advertising raises the cost of production this means this can have a negative impact on the product. Another social issue associated with advertising is deception. If any ad contains omissions or any practice that can mislead a significant number of reasonable consumers it is considered deceptive.

Advertising and public relations objective

An advertising plan is a sub component of the marketing plan, and is developed from the SWOT analysis based on situational/environmental analysis. The objectives are what Coca cola want to achieve with the drink Zico.  The reason for an advertising plan is to provide information for consumers on what to expect. Also it helps when it comes to managing the budget.  It is good to set up objectives for you advertising because it brings about focus and coordination, good planning and decision making and also it can be used to measure the level of success enjoyed. Advertising objectives should be realistic, attainable, measureable, and specific. Objectives are an integral part of the plan, without these we are unable to move forward, as each activity should be driven by an objective. As noted in the case study Coca-Cola is the parent company of our product zico. Our Advertising objectives include creation of demand for our new product penetrating into the market, stimulate trial among target audience, prepare ground for a new product in this case Zico, remind and reinforce, educate audience about Zico, improve loyalty, change  perception and also to provide support for sales force etc.

Join now!

Creative strategy

From our objectives we can then draft out a plan/strategy in which we will advertise our new product. This is the decision on what the message Zico is going to carry along its name. Also the creative strategy makes you choose between “push strategy” and a “Pull Strategy”. In this case I am using the pull strategy as it appeals more to our product. A “pull” selling strategy is one that requires high spending on advertising and consumer promotion to build up consumer demand for a product.  With a budget of £500,000 it is important not to waste ...

This is a preview of the whole essay