Team # 4
Captain Morgan Rum
Part A: Brand Strategy Planning
Captain Morgan is spiced rum created from sugar cane to make alcoholic drinks. This
Caribbean rum took the molasses of the sugar cane to create its dark, distilled, strong spirit.
Different plantations would take this raw rum and add their own herbs, spices and fruits to
produce the spiced rum it is today. Captain Morgan Spiced Run is a growing product. Russia,
Eastern Europe and Latin America have been the hotspots in the rapid growth with the sales and
market share growing over the past years. It has been around for a long time and has become the
icon for spiced rums everywhere. Today there are over eight different variations under the name
Captain Morgan ranging from affordable to high-end.
Captain Morgan has sold over 10 million cases globally, becoming the second largest
selling rum brand in the world today with a market share of 28 percent. The US, Canada and
Western Europe are the key markets of Captain. These locations accounted for around 9 million
of the 10 million cases sold.
Diageo is at the top of the premium drinks business with many very famous beverages
including Captain Morgan.Their focus is not just to maintain but also to drive top line growth
margin expansion. They strive to innovate with their brands and to deliver consistent value
creation for its shareholders over the long term. Using their extensive geographic range and
large selection of products offered, they deliver on all consumers needs.
In 1944, The Seagram Company bought the Long Pond Distillery in Jamaica. The Levy
brothers, a local family, had been mixing medicinal herbs and spices to the raw rum, aging, and
bottling it. Samuel Bronfman, CEO of Seagram Company, discovered and liked the product and
bought the rights to it. The Seagram Companystarted producing rum under the nameCaptain
Morgan Rum Company, after the privateer Henry Morgan from Wales who was also a plantation
owner and Governor of Jamaica in the late 1600’s. The Captain Morgan Original Spiced rum
was introduced in the United States in 1984 and became a worldwide leading brand of rum.
Later, in 2001, the “Captain Morgan” brand was sold to Diageo.
This brand is best identified by Captain Morgan dressed in a red silk robe as well as other
common pirate apparel. He always has one leg resting upon something. Spiced rum was
originally an island drink and is still advertised as one today. Palm trees and islands with plenty
of sunshine build a tropical feel for potential buyers.
While Captain Morgan’s originally was only spiced rum, there are many variations of it
today. By introducing a variety of rums we can hit a wider range of customer demographics
from men to women to all different ages no matter what the occasion is. Since Captain Morgan
likes to embody the pirate life or the paradise feel, it could sponsor vacations to distant islands or
“Live the pirate life!”
There are many different types of rum around the United States and the world. Some are
dark, some are light, some are extremely strong, and some are not as strong. But there are some
things that differentiate Captain Morgan Spiced Rum from other types of rum. When you buy
Captain you’re buying trusted spiced rum that has a great reputation. Being one of the leading
rums in the world it is not surprising that the taste and quality completely back up the reputation.
III. Brand Situation
Brand Competitor Graph:
Mount Gay Rum
Black Hearts Captain Morgan
Mount Gay Rum, Cruzan, Black Hearts
Malibu, Admiral Nelson, Bacardi, Sailor Jerry, Captain Morgan
Malibu, Sailor Jerry, Captain Morgan, Black Hearts
Admiral Nelson, Bacardi, Caliche
If Captain Morgan Rum were a person today he would be Captain Jack Sparrow. This is
because he embodies a sense of adventure and legend that the typical drinker of captain Morgan
might be looking for. A pirate like Captain Sparrow would never look back, always participating
in a life without limits; plundering towns for loot, sailing the high seas, and doing what he wants
when he wants.
Captain jack Sparrow would normally just take what he wants, but if he had to shop
somewhere it would be at “Dress like a Pirate.” There he could buy anything from jewelry, to an
eye patch or a peg leg for him and his mercenaries. When on land, Captain Sparrow would drive
a Jeep because it is forever tied to freedom and adventure, which are both distinguishing qualities
of a pirate. Social media would not be an option because maintaining a low profile for his
criminal activity would be essential.
IV. Target Consumer Definition
Captain Morgan is among the most popular brands of Rum in the world. People around
the world due to its iconic branding and advertising, buy it. It appeals to the party scene because
it is a celebratory drink as well as a drink for letting go of daily stresses. After a long day of
classes and studying, college students can pour themselves a captain and cola and start the party.
Adults that are still young enough to enjoy a late night out but who have to work long hours,can
sip on some vacation in a glass. This is why Captain Morgan’s advertising has always targeted
the party scene as well as the vacation vibe.
Target Description (Future)
The future of Captain Morgan’s target market will expand its market to the more
sophisticated drinkers. Growing up can be difficult and stressful; we now have jobs, we pay bills,
we have kids and a glass of Captain Morgan on the rocks for just a few minutes can relieve some
of those daily stresses. We aim to provide not only a drink for the party crowd but one for those
who enjoy the taste of a cold glass of rum.
Our chosen market may choose to drink rums that are not as well advertised because they
don’t like to conform to what everyone else is drinking. Maybe another company spices their
rum in a way that is an acquired taste to individuals that Captain Morgan just doesn’t provide.
People should choose Captain Morgan for its quality, for its taste, for its heritage. We pride
ourselves on being a Caribbean drink and never having lost that quality.