ADV 604 Group Project Assignment Congratulations! You’ve just made the short list for a new business pitch. Client Brioschi Background Brioschi is an over-the-counter drug brand that is over 100 years old. It is seen by many to be an old-fashioned brand, but it is a Lovemark to its loyal users. This waning brand was recently bought by a local Syracuse company run by Patrick Dessain. Brioschi has some great strengths however. It is the only FDA recognized “natural” antacid that provides fast and effective relief for upset stomach, acid indigestion, heartburn, nausea and related stomach discomforts. It is known as the “fastest fizz there is” due to its ultra quick reaction in water. It is currently sold in the United States and in Canada in 3 forms; an 8oz bottle, 4oz bottle and an "on-the-go" pack. Brioschi comes in one flavor, lemon. It is widely known for its distinctive blue bottle and large red font. Unlike many of its competitors, Brioschi is not an "Acid Blocker" such as Prilosec OTC, which acts to shut off the acid producing pumps in your stomach, or Mylanta, which contains Magnesium and Aluminum. It's effective all natural formula uses Sodium Bicarbonate and Tartaric Acid as its active ingredients, which neutralize acids in your stomach immediately when discomfort is felt. See http://www.brioschiusa.com/ for more details. Many antacids are considered safe and effective but not all are for everybody. Brioschi is all-natural and contains no aspirin. Brioschi is similar to Alka-Seltzer in that it is an effervescent antacid. But, unlike Alka-Seltzer it is aspirin free and dissolves faster due to its confetti-like product form. Brioschi has been featured in renowned movies such as Goodfella's, Planes Trains & Automobiles, Oscar, The Pick-Up Artist and just last month in an episode of Martin Scorsese’s hit HBO series “Boardwalk Empire.” It is also widely recognized for its help in reducing and/or eliminating hangovers The Assignment Brioschi is launching a new product for children: “BrioschiKids.” The Strategy This launch serves several strategic roles: 1) The brand’s loyal users are 55+. The brand needs to reach out to younger buyers if it going to succeed. If it can successfully launch a kids’ product, it will effectively “jump” a generation, selling the product to parents of young kids, who may, in turn, try regular Brioschi themselves. 2) The new flanker brand will help Brioschi get more shelf “facings” in supermarkets and drug stores. 3) The fact that Brioschi is all-natural and mild with no medicines (e.g., aspirin) or metals (like aluminum and magnesium) makes it something parents can trust (and have trusted for over 100 years). 4) The overall category is crowded, but the kids segment is not. Competition Brioschi competes with an array of antacid and stomach upset products. Some of the more prominent are Pepto Bismol, Alka-Seltzer, Mylanta, Phillips, and Maalox. Brioschi is smaller than most of these brands. Gross sales comparison of selected brands: Pepto-Bismol: Phillips: Maalox: Mylanta: Brioschi: Gasex: $58.0 Million $28.0 Million $23.0 Million $20.0 Million $ 1.0 Million $ 0.5 Million The whole market for these products (excluding acid reflux drugs that have recently become OTC) is $600 Million. There are few products in this market aimed squarely at kids. The one prominent brand in this category is “Children’s Pepto.” Distribution Brioschi is available in about 13% of stores where these types of products are sold. 67% of their distribution is in drug stores. 33% is in supermarkets. Key Issues For the launch, Brioschi must decide: The product positioning (stomach upset or antacid lead?) Product size, price, color, package, and flavor Core target demographics and psychographics How to do something new while not losing the brand’s distinctive equity. Your Job Working in teams of 4 or 5 your job is to use the things you have learned in this course to position the new Brioschi product and support it with an integrated advertising campaign. To get to your campaign, you will need to develop the following elements: o A master brand vision statement o Situation analysis (SWOT) o Product positioning statement/Rationale (MRI+/Simmons?) o Consumer insights (from research—detail your research—how obtained?) o Creative “Concept Board” (message and touchpoint integration. Show TV, print, point-of-sale, packaging and a web or social application) o Media allocation (Psychologics approach) o Scenario Plans Budget Brioschi will give each team $200 for research and development. Assume that your media plan will be about $2 Million to be spent strategically in spot markets. Rubric Vision statement Situation Analysis Positioning Statement Insights Concept board Media allocation Scenario plans (decision trees) Presentation Total Due Date Presentations: November 10 10% 10% 10% 10% 10% 10% 20% 20% 100%