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Project Team Nathan Taft Ryan Taft. Our issue. Energy Drinks are very popular beverages Our issue is the amount they are consumed by Teenagers and young adults and the negative effects of these drinks
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Project Team Nathan Taft Ryan Taft
Our issue Energy Drinks are very popular beverages Our issue is the amount they are consumed by Teenagers and young adults and the negative effects of these drinks We use The Addressable Minds program to figure out who is drinking energy drinks and the reasons they do
About Addressable Minds • Addressable Minds is a scientific, actionable form of “predictive consumer intelligence” for business and social issues accurately defining consumer attitudes and preferences both stated and unstated. • It has been described by Malcolm Gladwell and others as discovering the “DNA of the Consumers Mind”. • This patented science created by Dr. Howard Moskowitz, author of “Selling Blue Elephants” (Wharton Press) and the Wharton Business School has achieved critical acclaim and financial success across: • product design and development, • consumer messaging, • more effective consumer engagement physically and digitally.
SURVEY OVERVIEW 6 • 103 Individuals responded • Assess two major aspects of messages • Does it convince a prospect to drink Energy Drinks? • How does it make the prospect feel? • Data reveals the mind-sets of respondents across the United States, as well as ‘what works, what doesn’t’
There are three unique segments Different – Different Strategies Party People 21% Flavor Lovers 22% Health Enthusiasts 59% 7 Messaging for one group isn’t necessary going to appeal to the other…and could actually hurt
The Party People’s Priorities • Our Extra Strength formula • packs our biggest punch • It's for long nights of • gaming and partying • It’s the energy shot for • extra busy people who • need abig boost of extra energy
The Party People’s Turnoffs • The key ingredients are also available in • everyday foods like broccoli, avocados, • bananas, and apples • It’s packed with B-vitamins and amino acids • You wanted a zero calorie, zero sugar energy • drink with a new sweetener system... we got it!
Health Enthusiasts • ingredients are also available in everyday foods like broccoli, avocados, bananas, and apples • You wanted a zero calorie, zero • sugar energy drink... we got it! • Boosts your body's own natural energy levels
Flavor Lovers • Combo of natural juices mixed • with our original flavor and powered up • with the full load of our energy blend • Available in many natural flavors • Try our unique flavor with potent energy formula • mixed with a combo of tropical juices
The Energy DrinkSegmentation Wizard– Online exampleThe Segmentation Wizard is a short survey with the questions derived from the full survey to identify segment membership
Conclusions Flavor, effectiveness and health are three major issues for teenagers Peer pressure and endorsements have an effect but not as large as we thought Bottle design and colors was very important Teenagers use energy drinks for partying and staying up late rather than to do work