Marketing Research
In practical terms, there is very little difference between Gatorade and PowerAde. Both are forms of dietary supplements which often pose an unknown source of danger for individuals growing up to be sportsmen. All the growing up sportsmen should be educated on the subject as they are likely to face troubles in their life later, otherwise.
Many products that are marketed provide good returns for the marketing organization, but little benefits for the user.
The products are sports drinks and they are promoted with the images of sportsmen and Michael Jordan appeared on Gatorade bottles, but he did not get the benefit of having his own flavor. Now there is a new favorite of the sports world, and he is LeBron James, and his image will be the advertising for PowerAde's Flava 23. When the flavor was selected, James was a part of the process. The process took place in winter when Coca Cola chemists went to Ritz Carlton for different flavors in front of James for selection. James is similar to Michael Jordan in many ways -- he also wears the number 23. The choice by James will be a red sour berry flavor. Then there was the process of selection for the color and finally the color chosen was some color very close to the wine color of Cavalier's. All products under both these brands are promoted through sportsmen but having the famous athlete in the process of designing the characteristics of a signature brand was the idea from Nike shoe designer, Tinker Hatfield. According to him this sort of a close association will help the brand in having a closer tie up with the potential customers.
Even the marketing company, Coca Cola is using James with the pious hope that this will improve the sales position for PowerAde, which became a national brand in 1992. The portion of the market that it has been able to collect is 14.9% while the market share of Gatorade is 81.2% as per the information given by Beverage Digest, which is a trade publication of this particular industry. So far as James is concerned, he is likely to make an amount of $2 million from this deal every year, but he may make more money if it is found that his endorsement is leading to greater sales. At the same time, this deal is creating some difficulties for the Cavalier's team as the team has a deal with Gatorade for promotion of Gatorade products. This compelled James to drink from paper cups or use towels which were not printed with the Gatorade logo. Even the water bottles that James drank from did not have any labels.
Clearly the entire marketing exercise is based on a charade and both brands are participating in it. It is more important to know what the products contain.
There is a definition by food and Drug Administration of dietary supplements and in summary it may be said that dietary supplements consist of vitamins, minerals, herbs or other botanical items, and amino acids to increase the quantities of the daily intake of these items. In short they are some form of food. These dietary supplements come in different forms like concentrates, metabolites, constituents, extracts or combinations of these ingredients. The form in which they are taken can be pills, capsules, tablet, liquids or even as powders, but all of them contain the same basic ingredients. Thus we are accustomed to dietary supplements for many purposes like multi-vitamins, energy bars, sports drinks as also specific herbs and "boosters." The only clear consideration is that a dietary supplement is not the only item in a meal. The normal understanding of dietary supplements are in the forms of pills and powders, but there are many other items which also are actually dietary supplements. These are the sports drinks like Gatorade, PowerAde, Hydrafuel, Endurox, etc.; energy bars like Power bar, Harvest Bar, Balance Bar, Luna Bar, Clif Bar, etc.; Protein bars; Gels; and multivitamins. All these items are targeted at athletes and we have seen some mechanisms of how that is done. The constant refrain from the marketers of these products are "Supplements will help with your workouts in the pool," "Supplements will improve your times at meets," "Supplements will help you recover faster," "Supplements will help you stay healthy and not get sick," or "Supplements will help you lose weight and look cut."
It is not that dietary supplements are not required, when an athlete has had a hard workout,...
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