Simmons Analysis- New Cola

25
New Cola arget Analysis Christina Herrmann Krystal Plomatos Brian Swann
  • date post

    13-Sep-2014
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Build a target for a New Cola coming to market using Simmons Market Research

Transcript of Simmons Analysis- New Cola

Page 1: Simmons Analysis- New Cola

New ColaTarget Analysis

Christina HerrmannKrystal PlomatosBrian Swann

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• African Americans 165 index

• Hispanics 162 index

Who drinks carbonated drinks?14-20 times a week

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Glass half empty.

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Follow the bubbles.

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Our Target

• Top 100 Metro Markets• 18-29 years old

Urbanistas

• 25 million strong

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52% more likely toenjoy trying new drinks.

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Who are they?

• Lives in a city or urban area• Craft urban families• Socially conscious

Urbanistas

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General DemographicsUrbanistas

• 24 years old• 51% female, 49% male• 70% single• 255 Index of expectant children (2 children avg.)• 65% White, 26% Hispanic, 13% African American• Individual Income $25,000, Average HHI $88,000• 55% full time employment, 30% unemployed• 38% high school graduates, 22% college graduates• 447 Index of full-time students

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What’s in their heart?

Explore+

Express

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What’s in their head?

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UrbanistasReflection

• Most find themselves to be:• Confident• Brave• Sociable• Open-Minded• Stubborn• Reliable• Egocentric

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UrbanistasThe Almighty Dollar

• More likely to work at current job purely for the money• Money is the best measure of success• Managing it is another story:

• 41% more likely to spend without thinking•30% agree they’re no good at spending money

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Instant pleasure.

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UrbanistasThe Munchies

• 58% more likely than average Americans to be vegetarian• Know they should exercise more (64%) • 44% treat themselves to foods that aren’t good for them•Under-index on: “working at eating a well-balanced diet - 78

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We know who they are, buthow do they get their

kicks?

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Gettin’ their kicksUrbanistas

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Tech SavvyUrbanistas

• Any price is justifiable for emergent technology• First to grab the newest electronics off the shelf• Influence the tech-buying habits of friends

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Media Habits (TV )Urbanistas

• 38% in top two quintiles for cable TV• Watch evening animation 121% more than any other group• Favorite programming includes:

• General Drama• Reality TV• Music• Comedy

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“This is where I go to be entertained. You might as well entertain me.”

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UrbanistasMedia Habits (Internet)

• Most feel that the internet transformed their free time• All internet all the time• Why sleep when you can surf?• 40% consider themselves Early Adopters

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UrbanistasMedia Habits (Radio)

• 48% listen everyday• 60% always listen while driving• 25% more likely to be very receptive to radio advertising

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UrbanistasMedia Habits (Magazine)

• 37% in top two quintiles for magazines• First-time parents read nearly 300% more parenting magazines• Favorite type of reading:

• Celebrity gossip• Beauty/Style• Gaming• Cars

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UrbanistasMedia Habits (Non-Trad)

• Sit up and pay attention when they see ads:

at bus stops 168 on trains 180 atop taxis 174

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Free Refill

• Urbanistas• Young city dwellers who are exploring themselves and their world• Love colas and trying new ones

• Care about money, but don’t know what to do with it• Try to be healthy, but in the end splurge on treats for themselves• Tech savvy advertising sponges

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Feel free to quenchyour thirst for knowledge.