Evaluate the marketing strategy for 'Budweiser' lager.

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In this product I aim to evaluate the marketing strategy for ‘Budweiser’ lager. I will be looking at their use of the Marketing Mix: those being Product, Price, Placement and Promotion. I will also look at how Budweiser has remained the most popular lager in the world since 1957 how much competition it has.

I will use both primary and secondary research to discover how popular Budweiser has become and which market segments it is mainly marketed at. I will also use this research to find out how successfully the product is marketed towards certain market segments.

I will also find out how Budweiser is promoted and why it is promoted in this way. I will look at the image, branding and packaging of Budweiser and why it is this way. I will look at what stage of the product life cycle that it is in and if it is using any extension strategies to make Budweiser have a longer life. I will observe whereabouts Budweiser is distributed and what type of distribution is used, and why. I will finally analyse the price of Budweiser determining which pricing strategies have been used, and why Budweiser has implemented these pricing strategies. I will also have a survey of the prices in my local area, and if applicable, why is there such a difference.

I will also look at comparisons between other leading brands and seeing if there are any similarities between the marketing mix of those products and those of Budweiser.

PRODUCT      

The name of Budweiser does not have a marketing reason, and was named that after the town that it was originally brewed in, that being the German Name for the Bohemian town of Budweis. The full name of ‘Budweiser’ comes from the Bohemian tradition of suffixing the town’s name with ‘er’, and hence the name ‘Budweiser’.

Budweiser has had many different slogans, but has stuck mainly with the slogan of ‘King Of Beers’. This is saying to the target market that Budweiser is the best, and that there is no lager this good. Although this has been on for years, there have also been second slogans. The one at the moment is ‘True’, which could be linked with the ‘King Of Beers’, showing that Budweiser truly is the King Of Beers. They also had the slogans of…        

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The logo for Budweiser goes with the slogan of ‘King Of Beers’. The logo consists of a gold crown, over the ‘B’ of Budweiser, which I think promotes the fact that Budweiser is a swanky lager. The name in itself could also be classed as the logo. The font of the name is of a fancy Elizabethan type. It is written in gold, which shows that it is of class and is a very high class. The writing also is made to stand out, as it has a black shadow. I think that this is to show that the name ...

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