Market A Sports Drink Assignment:

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Name: _________________________
Market A Sports Drink
Assignment:

You will work as an individual to complete this assignment.

Your assignment is to develop a new sports drink for the consumer market.

Review the situation below before starting the project

Complete the attached worksheet & turn in at end of class 1.
o You may need to refer to the Product Development slideshow on my
website on January 4/5

You will create a PowerPoint next class.
o Please do not start this assignment without the rubric given on class 2.
Situation:

You work for the SERM Beverage Company, which is a creator of new sports
drinks.

The market has been dominated by Gatorade, PowerAde and AllSport.

Your company thinks it has a formula for a new sports drink that’s even better.

Your company believes that affiliation with a popular sport or athlete would help
get this new product off the ground.
New Product Development Worksheet
1. Name of Sports Drink: _________________________________________________
2. Describe your target market: ____________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
3. Advertising campaign: Theme/Slogan:_____________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
4. Sports/Celebrity/Team Endorser:_________________________________________
______________________________________________________________________
______________________________________________________________________
5. Features/Product Benefits:______________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
6. Competition:_________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
7. Apply the steps of Product Development:
1. SWOT Analysis (detailed)
Strengths
Opportunities
Weaknesses
Threats
2. Idea Generation:
What is your new product?
Why would a company want to introduce your new product?
3. Screening & Evaluation
Identify which ideas are being eliminated & indicate the reason (You may not
infringe on existing trademarks)
Ask your teacher and several classmates about your idea
Determine why or why not people may want to buy your product
4. Business Analysis
Determine the cost of the product (use the chart below)
Is the suggest retail price appropriate for the marketplace? why
5. Development
Include a prototype (can be a basic drawing/overview)
Must include a detailed example of the label (use the chart below)
6. Test Marketing
Where would test market your product and why?
Is it cost-effective for your product to enter this step: why or why not?
7. Commercialization
Apply the Marketing Mix to your final product as it enters the marketplace:
-Product:
-Place:
-Price:
-Promotion:
8. Complete the steps of the product development process. Provide the appropriate
information for each step:
4. Business Analysis:
Use the following figures to determine the cost of ONE unit of your sports drink.
Circle the items being included in your costs.
Ingredients:
Water
Corn syrup/sugar
Citric acid
Carbonation
Cola flavoring
Lemon/lime flavoring
Fruit Flavoring
Preservatives
Aspartame
Other
Cost:
.012
.05
.02
.005
.025
.028
.028 for each flavor
.013
.06
.01 each (list ingredients)
Package:
Cost:
Glass
Plastic
Aluminum
.05
.035
.03
8 ounces
12 ounces
16 ounces
20 ounces
32 ounces
Cost:
.02
.025
.03
.04
.05
Size:
Label:
Cost:
Paper
Printing
Cost: __________
.005
.02 per color (list each color being used)
Suggested retail price: _________ (include 40% markup)
5. Development:
1. Design a label for your package. The label must include:
a. Brand name
b. Brand mark
a. Ingredients
d. Nutritional information
e. UPC code
Presentation and Evaluation:

In addition to your New Product Development worksheet (must be submitted),
you will present your new sports drink to the class on exam day. This includes
the actual package for your new sports drink (bottles, cans, construction paper).

Remember: It must be the size indicated in your cost analysis. Your package
must meet the following five functions of packaging:
o Label
o Brand name
o Ingredients
o UPC code
o Brand mark
o Nutritional information
Market A Sports Drink - PowerPoint Presentation
Today you will be responsible for creating a PowerPoint slideshow to showcase your
Sports Drink. The following must be included in your PowerPoint:
1. Title Slide: must contain the name of your sports drink, a picture of your sports
drink, and you/your partners names
2. Background Slide: must include the specific target market that you identified,
price of your sports drink, locations where this product will be sold
3. Information Slide: explain the following: name of your product, advertising
theme/slogan, sports/celebrity/team endorser, product benefits/features
4. Prototype Slide: explain what elements you included on your product label (i.e.
Brand name/Brand mark, Ingredients, Nutritional information, UPC code) ALSO
this is the time where you will show your prototype sports drink (i.e. hold up your
custom made bottle with unique label)
5. Conclusion Slide: conclude by answering the following “would my
classmates/teacher purchase my product? Why or Why Not!”
Please also take the time today to make sure that the following have been completed
and/or turned in:
1. Market A Sports Drink packet with completed worksheet pages 2 & 3 (this item
must be TURNED IN)
2. Bottle Label must completely meet the following 4 characteristics & printed in
color (this item must be TURNED IN)
a. Brand name/Brand mark
b. Ingredients
c. Nutritional information
d. UPC code
3. PowerPoint slideshow must completely meet the 5-slide minimum that I listed
above (this item must be COMPLETED and saved on your home drive)
4. Product Prototype must include the following in order to be considered
complete (this item must be COMPLETED and kept in your locker for
presentations next week)
a. Be an empty bottle that meets the size you determined on your Market A
Sports Drink worksheet
b. Contain a colorful label that meets all of the requirements that I listed
above for the Bottle Label
Rubric
Name:
Date:
Requirements
Possible Pts
50
(5 pts. each)
Target Market Identified
Name of Sports Drink
Advertising Campaign: Theme/Slogan
Sports/Celebrity/Team Endorser
Features/Product Benefits
Completed steps of the product development process:
 Idea generation
 Idea screening
 Concept testing (evaluation)
 Business feasibility
 Pricing: Cost, Wholesale, Suggest Retail Price
Product Development
40
(5 pts. each)
Your package must meet the functions of packaging:
 Label
 Brand name
 Ingredients
 UPC code
 Brand mark
 Nutritional information
 Creative design
 Same size as cost analysis
Midterm Exam PowerPoint Presentation
50
Effectively introduced your new sports drink and answered
questions effectively
THIS SECTION COUNTS AS YOUR
SECOND SEMESTER FINAL EXAM!!!
Total Points:
150
Score
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