SlideShare uma empresa Scribd logo
1 de 11
Opportunities for Russian Standard Vodka to engage with
Consumers



Presented by
Sobithan Sekar
What is premimuisation in Vodka market means?
Taste, heritage acts as a more sought premium cues than other attributes
Unlike beer, cider, it is less important that spirits brand acts as a guarantee of quality.


    Rank                                               Premium attribute           % who see it as a premium quality cue


1           It tastes better (filters and distilled)                          88

2           It has a rich heritage                                            58

3           It is a guarantee of quality (brand acts as a quality)            55

4           It is made from better quality ingredients                        51

5           Drinking it feels like I am treating myself                       49

6           It is more expensive                                              44

7           The packaging is more attractive                                  42

8           I like to be seen drinking it                                     31

9           It has a higher alcohol content                                   30

10          Not everyone drinks it                                            25

11          You can only buy it in specific venues                            16



Base: 1,293 spirits drinkers who rate at least one spirits brand as premium
Source: GMI/Mintel
For spirits what matters most is richer heritage. For Ex: Johnie Walker, Jack Daniels and others.
Marketing message of Russian Standard Vodka can emote the rich heritage of Russian Standard Vodka.
Vs



    © 2010 Mintel International Group. All rights reserved. Confidential
4                                                             to Mintel.
Opportunities for Russian Standard Vodka to engage with Consumers


There is also an undeniably a large, mainstream, cross-gender and mostly latent-demand for drinking
cocktails. For Ex, Mintel’s report (2009) claims that only a third 34% of alcohol drinkers currently drink
cocktails but 37% claim that they would like to do so in the future.


What type of alcohol would you use consider drinking in the future?
                                                                                    Insight:
                                                                                    With consumers increasingly
                                                                                    interested in cocktails and
                                                                                    festive season coming it’s a
                                                                                    good idea to feature vodka
                                                                                    cocktails on the opening page
                                                                                    of Russian Standard Vodka.
Key Analysis:
1.Adults are highly influenced by consumer reviews which are posted online, meaning that rating and commenting on
Russian Standard Vodka website can influence in promoting brands. (Ex: Ocado)
2. Online also has implications for new types of business models which can circumnavigate, the supermarkets and
companies can retain more control over their brands. For EX: Vodka Bar.
3. In-house drinking:

Entertaining in the home has become more integral to consumers’ lives throughout the
 recession. The home has become a more important venue for consumers for drinking alcohol,
 especially in the UK, where almost half would agree that ‘most of my drinking is done at
 home’, compared to 36% in Germany, 32% in France and just 18% in Spain.
Index of agreement with drinking ‘When relaxing of an evening’ in the last six month in the home, by type of drink
        drunk
 (average=100), May 2011.
Base: 1,136 internet users aged 18+ who drank alcohol at home
                                                      Key Analysis: In 2011 Pernod Ricard launched the
                                                      ‘Delicious night in’ advertising campaign in the US featuring
                                                      its Kahlua, targeting the stay-at-home drinker. After a survey
                                                      ¾ of Americans believe the home is the best place for great
                                                      conversation.

                                                      Call of action: Similar campaigns could boost Russian
                                                      Standard Vodka to engage with consumers who drink any
                                                      white spirit and remind them of the suitability for drinking
                                                      ‘When relaxing of an evening’
Share of at-home drinkers, by type of drink, who have drunk “when socialising with friends”, May 2011
Base: 1136 internet users aged 18+who drunk alcohol at home




                                                      Key Analysis:
                                                      Cocktails have recently benefited from a revival
                                                      of interest, boosted by the renewed popularity of
                                                      the Mojito cocktail, which has allowed Bacardi to
                                                      grow sales of its white rum by over 10%
                                                      between 2009 and 2010.

                                                      Call of action:
                                                      In Facebook we can position Russian Standard
                                                      Vodka as a brand which is synonymous with fun
                                                      and socialising .
                                                      Facebook Campaign: ‘best shared with friends’

                                                      For Ex: Smirnoff Campaign ‘Win it , share it’
                                                      allows friends to share the cocktail and Vodka
                                                      for different occasion.
It is my opinion that Russian Standard
Vodka when compared to other liquors
and spirits has got an edge in
Ostentatiousness or bling in the premium
packaging

While Scotch and wine dominate in terms
of premium gifting innovation over
Christmas and liqueurs, the rest of the
spirits market has underutilised innovation
 over the past few Christmas periods.
Key Analysis:
Such Stylish packaging can not only make
 spirit more appealing to those looking for
 gift options but also tempt consumers to
 treat themselves and buy better quality
 opportunities. Especially as Mintel’s
 research shows that almost Quarter 23%
 of UK adult alcohol drinkers buy more
 expensive alcohol than usual over
 Christmas.
Key analysis: By combining the level of usage and
                                  penetration the data shown that vodka’s success has
                                  been driven by the sheer frequency with which is
                                  drunk by 18-24s.

                                  Needless to say that 18-24s spend most of the
                                  time in Facebook.




                                    Take Away:
                                    1. If appropriate develop an application to encourage
                                    fans to share the content of Russian Standard Vodka.
                                    (e.g. Share to a friend) on Facebook.
                                    2. Creative ways to engage with audience with photos
                                    and contests. (Ex: Expedia)
                                    Variety in the posts , posts with 80 characters or fewer
                                    gets 27% greater engagement than longer posts. (For
                                    EX:




Source: Taken from the TGI survey of around 25,000 adults.
   Thank You

Mais conteúdo relacionado

Mais procurados

Market review of soft drink industry
Market review of soft drink industryMarket review of soft drink industry
Market review of soft drink industryNUI Maynooth
 
Absolut Vodka Brand Audit
Absolut Vodka Brand AuditAbsolut Vodka Brand Audit
Absolut Vodka Brand Auditmahar44
 
Brand analysis of heneiken
Brand analysis of heneikenBrand analysis of heneiken
Brand analysis of heneikenMoupia Bhowmik
 
Digital marketing campaign_ashish.badyal
Digital marketing campaign_ashish.badyalDigital marketing campaign_ashish.badyal
Digital marketing campaign_ashish.badyalashua12
 
Market sector digital review of soft drink industry
Market sector digital review of soft drink industryMarket sector digital review of soft drink industry
Market sector digital review of soft drink industryCian O'Dowd
 
Stella Artois Campaign
Stella Artois CampaignStella Artois Campaign
Stella Artois CampaignKDSdesign
 
Market sector digital review of soft drink industry
Market sector digital review of soft drink industryMarket sector digital review of soft drink industry
Market sector digital review of soft drink industryRyan Hickey
 
Web20 Speaker Presentation Jones Soda
Web20 Speaker Presentation Jones SodaWeb20 Speaker Presentation Jones Soda
Web20 Speaker Presentation Jones SodaAngelDjambazov
 
San miguel flavored beer 10 step marketing plan
San miguel flavored beer 10 step marketing planSan miguel flavored beer 10 step marketing plan
San miguel flavored beer 10 step marketing plankristianf_ang
 
'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...
'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...
'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...Kevin McLean
 
Jones 2
Jones 2Jones 2
Jones 2deyman
 
BonkerZ Keynote
BonkerZ KeynoteBonkerZ Keynote
BonkerZ Keynotecubsfan007
 
Energy drinks fact file
Energy drinks fact fileEnergy drinks fact file
Energy drinks fact fileshaniajane
 
Hangar One Facebook Case Study
Hangar One Facebook Case StudyHangar One Facebook Case Study
Hangar One Facebook Case Studyelichapman
 
Bud Light Final Paper
Bud Light Final PaperBud Light Final Paper
Bud Light Final PaperRyan Castro
 
Wine Marketing Plan for BROLIO
Wine Marketing Plan for BROLIOWine Marketing Plan for BROLIO
Wine Marketing Plan for BROLIOAnne Marie Payne
 

Mais procurados (20)

Market review of soft drink industry
Market review of soft drink industryMarket review of soft drink industry
Market review of soft drink industry
 
Absolut Vodka Brand Audit
Absolut Vodka Brand AuditAbsolut Vodka Brand Audit
Absolut Vodka Brand Audit
 
Heineken Positioning
Heineken PositioningHeineken Positioning
Heineken Positioning
 
Brand analysis of heneiken
Brand analysis of heneikenBrand analysis of heneiken
Brand analysis of heneiken
 
Digital marketing campaign_ashish.badyal
Digital marketing campaign_ashish.badyalDigital marketing campaign_ashish.badyal
Digital marketing campaign_ashish.badyal
 
Market sector digital review of soft drink industry
Market sector digital review of soft drink industryMarket sector digital review of soft drink industry
Market sector digital review of soft drink industry
 
Heineken
Heineken Heineken
Heineken
 
Stella Artois Campaign
Stella Artois CampaignStella Artois Campaign
Stella Artois Campaign
 
Market sector digital review of soft drink industry
Market sector digital review of soft drink industryMarket sector digital review of soft drink industry
Market sector digital review of soft drink industry
 
Web20 Speaker Presentation Jones Soda
Web20 Speaker Presentation Jones SodaWeb20 Speaker Presentation Jones Soda
Web20 Speaker Presentation Jones Soda
 
San miguel flavored beer 10 step marketing plan
San miguel flavored beer 10 step marketing planSan miguel flavored beer 10 step marketing plan
San miguel flavored beer 10 step marketing plan
 
'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...
'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...
'Hit or myth', the real story behind Heineken's famous 'refreshes the parts' ...
 
Vincor
VincorVincor
Vincor
 
Jones 2
Jones 2Jones 2
Jones 2
 
BonkerZ Keynote
BonkerZ KeynoteBonkerZ Keynote
BonkerZ Keynote
 
Energy drinks fact file
Energy drinks fact fileEnergy drinks fact file
Energy drinks fact file
 
Hangar One Facebook Case Study
Hangar One Facebook Case StudyHangar One Facebook Case Study
Hangar One Facebook Case Study
 
Bud Light Final Paper
Bud Light Final PaperBud Light Final Paper
Bud Light Final Paper
 
Corona Beer
Corona BeerCorona Beer
Corona Beer
 
Wine Marketing Plan for BROLIO
Wine Marketing Plan for BROLIOWine Marketing Plan for BROLIO
Wine Marketing Plan for BROLIO
 

Semelhante a Opportunities for Russian Standard Vodka

Drink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the UsualDrink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the UsualThe Espresso Group
 
Drink 2.0 - Anything but the Usual (US version)
Drink 2.0 - Anything but the Usual (US version)Drink 2.0 - Anything but the Usual (US version)
Drink 2.0 - Anything but the Usual (US version)The Espresso Group
 
Drink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the UsualDrink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the UsualMartafy!
 
SVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docx
SVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docxSVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docx
SVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docxssuserf9c51d
 
Academic 1 marketing plan assignment help usa
Academic 1  marketing plan assignment help usaAcademic 1  marketing plan assignment help usa
Academic 1 marketing plan assignment help usaasmits kharel
 
Brand audit : Baileys Irish cream liquor
Brand audit : Baileys Irish cream liquor Brand audit : Baileys Irish cream liquor
Brand audit : Baileys Irish cream liquor Ian Adams
 
CARTILS | SpiritsWatch 2013
CARTILS | SpiritsWatch 2013CARTILS | SpiritsWatch 2013
CARTILS | SpiritsWatch 2013CARTILS
 
Get Spirits Smart - Lessons in Craft
Get Spirits Smart  - Lessons in CraftGet Spirits Smart  - Lessons in Craft
Get Spirits Smart - Lessons in CraftSarah Emmerson
 
Barriers To Wine Consumption
Barriers To Wine ConsumptionBarriers To Wine Consumption
Barriers To Wine Consumptionvaneochoa
 
Somersby Cider US Product Launch
Somersby Cider US Product LaunchSomersby Cider US Product Launch
Somersby Cider US Product Launchstuartshapiro
 
Beer trends and inspiration for 2015 by Cocoon Group
Beer trends and inspiration for 2015 by Cocoon GroupBeer trends and inspiration for 2015 by Cocoon Group
Beer trends and inspiration for 2015 by Cocoon GroupCocoon Group Branding
 
A day in the life of a wine consumer by eWinery Solutions
A day in the life of a wine consumer by eWinery SolutionsA day in the life of a wine consumer by eWinery Solutions
A day in the life of a wine consumer by eWinery SolutionsMike Meisner
 
Wine tubes market validation ag_v4 (1)
Wine tubes market validation ag_v4 (1)Wine tubes market validation ag_v4 (1)
Wine tubes market validation ag_v4 (1)Joel Heenan
 
Johnnie Walker Brand Audit
Johnnie Walker Brand AuditJohnnie Walker Brand Audit
Johnnie Walker Brand AuditRob Noble
 
Social Media & Wine Consumers
Social Media & Wine ConsumersSocial Media & Wine Consumers
Social Media & Wine ConsumersLaura Conway
 
Wine tasting through typography
Wine tasting through typographyWine tasting through typography
Wine tasting through typographyghadwin
 

Semelhante a Opportunities for Russian Standard Vodka (20)

Drink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the UsualDrink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the Usual
 
UNIT 1 PAPER
UNIT 1 PAPERUNIT 1 PAPER
UNIT 1 PAPER
 
Drink 2.0 - Anything but the Usual (US version)
Drink 2.0 - Anything but the Usual (US version)Drink 2.0 - Anything but the Usual (US version)
Drink 2.0 - Anything but the Usual (US version)
 
Drink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the UsualDrink 2.0 - Anything but the Usual
Drink 2.0 - Anything but the Usual
 
SVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docx
SVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docxSVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docx
SVEDKA Vodka (A)As he waited for his wife to meet him, Guillau.docx
 
Academic 1 marketing plan assignment help usa
Academic 1  marketing plan assignment help usaAcademic 1  marketing plan assignment help usa
Academic 1 marketing plan assignment help usa
 
Brand audit : Baileys Irish cream liquor
Brand audit : Baileys Irish cream liquor Brand audit : Baileys Irish cream liquor
Brand audit : Baileys Irish cream liquor
 
Perception of alcohol in Bulgaria
Perception of alcohol in BulgariaPerception of alcohol in Bulgaria
Perception of alcohol in Bulgaria
 
CARTILS | SpiritsWatch 2013
CARTILS | SpiritsWatch 2013CARTILS | SpiritsWatch 2013
CARTILS | SpiritsWatch 2013
 
Get Spirits Smart - Lessons in Craft
Get Spirits Smart  - Lessons in CraftGet Spirits Smart  - Lessons in Craft
Get Spirits Smart - Lessons in Craft
 
Beyond the Blue
Beyond the BlueBeyond the Blue
Beyond the Blue
 
PH
PHPH
PH
 
Barriers To Wine Consumption
Barriers To Wine ConsumptionBarriers To Wine Consumption
Barriers To Wine Consumption
 
Somersby Cider US Product Launch
Somersby Cider US Product LaunchSomersby Cider US Product Launch
Somersby Cider US Product Launch
 
Beer trends and inspiration for 2015 by Cocoon Group
Beer trends and inspiration for 2015 by Cocoon GroupBeer trends and inspiration for 2015 by Cocoon Group
Beer trends and inspiration for 2015 by Cocoon Group
 
A day in the life of a wine consumer by eWinery Solutions
A day in the life of a wine consumer by eWinery SolutionsA day in the life of a wine consumer by eWinery Solutions
A day in the life of a wine consumer by eWinery Solutions
 
Wine tubes market validation ag_v4 (1)
Wine tubes market validation ag_v4 (1)Wine tubes market validation ag_v4 (1)
Wine tubes market validation ag_v4 (1)
 
Johnnie Walker Brand Audit
Johnnie Walker Brand AuditJohnnie Walker Brand Audit
Johnnie Walker Brand Audit
 
Social Media & Wine Consumers
Social Media & Wine ConsumersSocial Media & Wine Consumers
Social Media & Wine Consumers
 
Wine tasting through typography
Wine tasting through typographyWine tasting through typography
Wine tasting through typography
 

Último

Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreNZSG
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfDanny Diep To
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamArik Fletcher
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxShruti Mittal
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfJamesConcepcion7
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...ssuserf63bd7
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdfShaun Heinrichs
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerAggregage
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifeBhavana Pujan Kendra
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsIndiaMART InterMESH Limited
 
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...Associazione Digital Days
 
Send Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSendBig4
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataExhibitors Data
 
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxRakhi Bazaar
 

Último (20)

Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
Jewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource CentreJewish Resources in the Family Resource Centre
Jewish Resources in the Family Resource Centre
 
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdfGUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
GUIDELINES ON USEFUL FORMS IN FREIGHT FORWARDING (F) Danny Diep Toh MBA.pdf
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management Team
 
business environment micro environment macro environment.pptx
business environment micro environment macro environment.pptxbusiness environment micro environment macro environment.pptx
business environment micro environment macro environment.pptx
 
WSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdfWSMM Technology February.March Newsletter_vF.pdf
WSMM Technology February.March Newsletter_vF.pdf
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald E. Kieso t...
 
1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf1911 Gold Corporate Presentation Apr 2024.pdf
1911 Gold Corporate Presentation Apr 2024.pdf
 
Driving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon HarmerDriving Business Impact for PMs with Jon Harmer
Driving Business Impact for PMs with Jon Harmer
 
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptxThe Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
 
Planetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in LifePlanetary and Vedic Yagyas Bring Positive Impacts in Life
Planetary and Vedic Yagyas Bring Positive Impacts in Life
 
Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan Dynamics
 
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
Lucia Ferretti, Lead Business Designer; Matteo Meschini, Business Designer @T...
 
Send Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.comSend Files | Sendbig.com
Send Files | Sendbig.comSend Files | Sendbig.com
 
NAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors DataNAB Show Exhibitor List 2024 - Exhibitors Data
NAB Show Exhibitor List 2024 - Exhibitors Data
 
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptxGo for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
Go for Rakhi Bazaar and Pick the Latest Bhaiya Bhabhi Rakhi.pptx
 

Opportunities for Russian Standard Vodka

  • 1. Opportunities for Russian Standard Vodka to engage with Consumers Presented by Sobithan Sekar
  • 2. What is premimuisation in Vodka market means? Taste, heritage acts as a more sought premium cues than other attributes Unlike beer, cider, it is less important that spirits brand acts as a guarantee of quality. Rank Premium attribute % who see it as a premium quality cue 1 It tastes better (filters and distilled) 88 2 It has a rich heritage 58 3 It is a guarantee of quality (brand acts as a quality) 55 4 It is made from better quality ingredients 51 5 Drinking it feels like I am treating myself 49 6 It is more expensive 44 7 The packaging is more attractive 42 8 I like to be seen drinking it 31 9 It has a higher alcohol content 30 10 Not everyone drinks it 25 11 You can only buy it in specific venues 16 Base: 1,293 spirits drinkers who rate at least one spirits brand as premium Source: GMI/Mintel
  • 3. For spirits what matters most is richer heritage. For Ex: Johnie Walker, Jack Daniels and others. Marketing message of Russian Standard Vodka can emote the rich heritage of Russian Standard Vodka.
  • 4. Vs © 2010 Mintel International Group. All rights reserved. Confidential 4 to Mintel.
  • 5. Opportunities for Russian Standard Vodka to engage with Consumers There is also an undeniably a large, mainstream, cross-gender and mostly latent-demand for drinking cocktails. For Ex, Mintel’s report (2009) claims that only a third 34% of alcohol drinkers currently drink cocktails but 37% claim that they would like to do so in the future. What type of alcohol would you use consider drinking in the future? Insight: With consumers increasingly interested in cocktails and festive season coming it’s a good idea to feature vodka cocktails on the opening page of Russian Standard Vodka.
  • 6. Key Analysis: 1.Adults are highly influenced by consumer reviews which are posted online, meaning that rating and commenting on Russian Standard Vodka website can influence in promoting brands. (Ex: Ocado) 2. Online also has implications for new types of business models which can circumnavigate, the supermarkets and companies can retain more control over their brands. For EX: Vodka Bar.
  • 7. 3. In-house drinking: Entertaining in the home has become more integral to consumers’ lives throughout the recession. The home has become a more important venue for consumers for drinking alcohol, especially in the UK, where almost half would agree that ‘most of my drinking is done at home’, compared to 36% in Germany, 32% in France and just 18% in Spain. Index of agreement with drinking ‘When relaxing of an evening’ in the last six month in the home, by type of drink drunk (average=100), May 2011. Base: 1,136 internet users aged 18+ who drank alcohol at home Key Analysis: In 2011 Pernod Ricard launched the ‘Delicious night in’ advertising campaign in the US featuring its Kahlua, targeting the stay-at-home drinker. After a survey ¾ of Americans believe the home is the best place for great conversation. Call of action: Similar campaigns could boost Russian Standard Vodka to engage with consumers who drink any white spirit and remind them of the suitability for drinking ‘When relaxing of an evening’
  • 8. Share of at-home drinkers, by type of drink, who have drunk “when socialising with friends”, May 2011 Base: 1136 internet users aged 18+who drunk alcohol at home Key Analysis: Cocktails have recently benefited from a revival of interest, boosted by the renewed popularity of the Mojito cocktail, which has allowed Bacardi to grow sales of its white rum by over 10% between 2009 and 2010. Call of action: In Facebook we can position Russian Standard Vodka as a brand which is synonymous with fun and socialising . Facebook Campaign: ‘best shared with friends’ For Ex: Smirnoff Campaign ‘Win it , share it’ allows friends to share the cocktail and Vodka for different occasion.
  • 9. It is my opinion that Russian Standard Vodka when compared to other liquors and spirits has got an edge in Ostentatiousness or bling in the premium packaging While Scotch and wine dominate in terms of premium gifting innovation over Christmas and liqueurs, the rest of the spirits market has underutilised innovation over the past few Christmas periods. Key Analysis: Such Stylish packaging can not only make spirit more appealing to those looking for gift options but also tempt consumers to treat themselves and buy better quality opportunities. Especially as Mintel’s research shows that almost Quarter 23% of UK adult alcohol drinkers buy more expensive alcohol than usual over Christmas.
  • 10. Key analysis: By combining the level of usage and penetration the data shown that vodka’s success has been driven by the sheer frequency with which is drunk by 18-24s. Needless to say that 18-24s spend most of the time in Facebook. Take Away: 1. If appropriate develop an application to encourage fans to share the content of Russian Standard Vodka. (e.g. Share to a friend) on Facebook. 2. Creative ways to engage with audience with photos and contests. (Ex: Expedia) Variety in the posts , posts with 80 characters or fewer gets 27% greater engagement than longer posts. (For EX: Source: Taken from the TGI survey of around 25,000 adults.
  • 11. Thank You