brewing company and its stability in blend and taste. There has been multiple instances where 3 generations of families have grown up drinking Mountain Man Beer and felt that Mountain Man Brewing Company has retained the quality ever since its introduction. It has therefore‚ created a legacy as “West Virginia’s Beer” and a “Working man’s beer” and has not deviated from its core branding‚ maintaining itself as a single product company. By using their history and status as an independent family owned
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choice for an alcoholic beverage? Beer. Not only is beer a refreshing beverage on a hot‚ sunny day‚ it plays a big part in the Canadian heritage. The overall beer consumption over the years has been steady‚ however with increased competition‚ it is becoming harder for Canadian breweries to keep up with market trends. Hence‚ all the major Canadian breweries have been merged with or acquired by the international giants. The competition is rising not only between beer brands‚ but also within beverage
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Macro Environmental Factors 1. Demographics In the beer industry‚ 40% of the US population consumes beer regularly (at least once a week). Amongst that‚ 30% of drinkers are frequent beer shoppers. However‚ the beer drinker profile is skewed towards younger males between the ages of 21-30 years old with only a moderate education and modest household incomes. It has also been determined‚ that consumers drink less beer as they age because of health and wellness concerns. For Heineken‚ in the
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External Environment Analysis Previously‚ you read about the industry analysis of the beer‚ wine and liquor industry and the five forces that affect a firm’s ability to serve consumers and turn a profit. Next‚ successful companies must recognize and respond to the major forces affecting our macro environment‚ for example; stock market decline‚ increase in unemployment and global warming. Companies must now consider several external environmental forces while running their business‚ in particular
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Recommendation: Mountain Man Brewing should create a new market strategy and introduce a line extension of Light Beer to expand their portfolio and create new sales among non-existing customers. This line extension will target the younger drinkers and women in the East Central Region and will increase sales and create profit within 2 years. Rationale: 1. Light beer sales will be profitable within 2 years. The first year MMBC will lose $486‚374. However‚ in 2007‚ the second year‚ MMBC
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| Date: | 3/4/2013 | Re: | Bringing the Brand to Light | Comments: | For the first time in the company’s history‚ Mountain Man Brewing Company is experiencing declining sales in response to changes in beer drinkers’ preferences. Mr. Prangel’s response to this problem is introducing a “light beer” form of the popular Lager. In the past six years‚ the “light beer” industry as increased at an annual rate of 4% while sales of traditional beer has been declining annually by 4%. Although this seems
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Mountain Man Brewing Company (MMBC) has enjoyed being in top position in premium beer segment for the past fifty years and are now facing a 2% decline in revenue whilst a change in leadership infuses new energy to bring a change in their product line. Chris Prangel‚ son of the retired president and owner of MMBC faces the challenge of successfully implementing a marketing strategy to introduce a ‘light’ beer; in a growing beer segment‚ as maintaining status-quo would no more be an option to sustain their
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(Chris) have? Chris is not happy about the declining sales that Mountain Man Beer Company (MMBC) is beginning to witness for the first time in their history. He wants to reverse the situation and keep the brand a regional leader in the U.S. East Central Region. He would like to launch Mountain Light beer with the hopes of attracting younger drinkers to the brand‚ yet still keep the brand equity that is better suited to older beer consumers‚ which represents the core customer value for the company. He
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The Boomin’ Beer Brewin’ Industry 18-19 Beer is Attractive 20-21 Bibliography 22-23 Table of Contents What we’re doing: Imagine a beer that filled your taste buds with pure sensation‚ while also incorporating the highest quality of ingredients. That’s what the brand The Brewery strives to do. We believe in producing the highest quality beer for our consumers‚ using only natural and organic ingredients. Our goal at The Brewery is simple‚ to produce an outstanding beer at a price
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Executive Summary: After comprehensive research into the beer market specifically focusing on the four beer brands Little Creatures‚ Heineken‚ Budweiser and Victoria Bitter‚ our group propose the introduction of a new product into the Little Creatures product line. Similar to Heineken‚ we believe Little Creatures would benefit from the introduction of a Bright Ale keg. This line extension would promote bulk buying of Little Creatures beer and expand their cultural persona by encouraging community
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