FINAL REPORT – AUGUST 2011

      ENERGY DRINKS
       Project Team
          Nathan Taft
           Ryan Taft
© 2011   2
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


                         © 2011                    3
•   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.




                                                © 2011                           4
Dr. Howard Moskowitz.
Addressable Minds Inventor, honored by the scientific community,...


                       s the Chairman of iNovum, a graduate of Queens College
                       and holds a Ph.D. in Experimental Psychology from Harvard
                          University.


                       on two of the most prestigious awards in market

                       research


                       005 Charles Coolidge Parlin Marketing Research
                         Award
                         The “Nobel Prize” of Market Research, received only by
                         the pioneers of market research.
                         Recipients include Arthur Nielsen, George Gallup, Michael
                       Porter, David Ogilvy and Philip Kotler.


                       010 Walston Chubb Award for Innovation across all

                       sciences, Sigma Xi, The Scientific Research Society,
                                  © 2011                                       5
SURVEY OVERVIEW
                                   (1 of 2)

 An Addressable Minds Survey is a survey of key ideas for
  stadium advertising to prospects
 Survey conducted on August 5, 2011:
 ◦ Population Ages 14 and over of Males/Females across the US
 The team created key marketing and advertising messaging
  with the intent to entice the survey taker to attend stadium
  events




                                    © 2011                       6
SURVEY OVERVIEW


• 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’




                                      © 2011                    7
There are three unique segments
                Different – Different Strategies

Party People                                       Flavor Lovers
   21%                                                22%
                   Health Enthusiasts
                             59%




       Messaging for one group isn’t necessary going to
        appeal to the other…and could actually hurt
                               © 2011                         8
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
             © 2011
                                             9
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!

                           © 2011                   10
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


                           © 2011                 11
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


                      © 2011
                                                    12
The Energy Drink Segmentation Wizard– Online
                    example

The Segmentation Wizard is a short survey with the
 questions derived from the full survey to identify
              segment membership




                       © 2011                   13
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



                                  © 2011                           14

Energy Drinks Presentation.ppt

  • 1.
    FINAL REPORT –AUGUST 2011 ENERGY DRINKS Project Team Nathan Taft Ryan Taft
  • 2.
  • 3.
    Our issue • EnergyDrinks 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 © 2011 3
  • 4.
    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. © 2011 4
  • 5.
    Dr. Howard Moskowitz. AddressableMinds Inventor, honored by the scientific community,... s the Chairman of iNovum, a graduate of Queens College and holds a Ph.D. in Experimental Psychology from Harvard University. on two of the most prestigious awards in market research 005 Charles Coolidge Parlin Marketing Research Award The “Nobel Prize” of Market Research, received only by the pioneers of market research. Recipients include Arthur Nielsen, George Gallup, Michael Porter, David Ogilvy and Philip Kotler. 010 Walston Chubb Award for Innovation across all sciences, Sigma Xi, The Scientific Research Society, © 2011 5
  • 6.
    SURVEY OVERVIEW (1 of 2)  An Addressable Minds Survey is a survey of key ideas for stadium advertising to prospects  Survey conducted on August 5, 2011: ◦ Population Ages 14 and over of Males/Females across the US  The team created key marketing and advertising messaging with the intent to entice the survey taker to attend stadium events © 2011 6
  • 7.
    SURVEY OVERVIEW • 103Individuals 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’ © 2011 7
  • 8.
    There are threeunique segments Different – Different Strategies Party People Flavor Lovers 21% 22% Health Enthusiasts 59% Messaging for one group isn’t necessary going to appeal to the other…and could actually hurt © 2011 8
  • 9.
    The Party People’sPriorities •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 © 2011 9
  • 10.
    The Party People’sTurnoffs •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! © 2011 10
  • 11.
    Health Enthusiasts •Ingredients arealso 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 © 2011 11
  • 12.
    Flavor Lovers •Combo ofnatural 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 © 2011 12
  • 13.
    The Energy DrinkSegmentation Wizard– Online example The Segmentation Wizard is a short survey with the questions derived from the full survey to identify segment membership © 2011 13
  • 14.
    Conclusions • Flavor, effectivenessand 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 © 2011 14