BLUE MOON: Artfully Crafted Team 15 Anastasia Gorshkova, Maria Lombana, Abigail MacDonald, Ashley Soto MAR 3023 M/W CRN 10186 TABLE OF CONTENTS Blue Moon Business Description.…………………………………………………………… …3 Brand Equity Inventory…………………………………………………………….…………. .5 Brand Heritage.………………………………………………………………………….. 5 Brand Representatives….…………………………………………………………………5 Brand Identifiers.………………………………………………………………………….6 Brand Domaine.…………………………………………………………………………...6 Brand Essence….………………………………………………………………………….6 SWOT Analysis.………………………………………………………………………………….7 Brand Competitor Brands with Clusters (Exotic vs Domestic & Traditional vs. New Age).……………...8 Competitive Map.………………………………………………………………………………...9 Brand Personality………………………………………………………………………………10 Target Description……………………………………………………………………………...11 Brand Positioning………………………………………………………………………………12 Blue Moon Pricing……………………………………………………………………………...13 Price Comparison (Target US 41 & Daniels Pkwy)……………………………………..14 Price Comparison (Publix Corkscrew Rd………………………………………………..15 Distribution Channels…………………………………………………………………………. 16 Creative Workplan & Media Selection………………………………………………………..19 Advertising Objective…………………………………………………………………….19 Target…………………………………………………………………………………….19 Unique Selling Proposition/Differentiating Proposition..……………………………….20 Media to be Use ..………………………………………………………………………20 Forms of Ads….………………………………………………………………………….20 Blue Moon Promotional Ideas…………………………………………………………………21 Coors Field and Sand Lot Brewery……………………………………………………...21 Craft Beer Expo………………………………………………………………………….22 References………………………………………………………………………………………23 BLUE MOON: BUSINESS DESCRIPTION 2 In the alcohol industry, beer has proven to be the largest beverage served nationwide. According to Apex Publishers, beer encompasses 85% of alcohol products sold with sales volume amounting to $91.6 billion (Beer Brewing). In the industry, three major brewers in the playing field responsible for over 70% of sales are: Anheuser-Busch, South African Breweries' Miller (SABMiller), and Molson Coors Brewing Company. Molson Coors Brewing Company offers a wide selection of beers, including the acquisition of Blue Moon, appealing to consumers alike. Blue Moon was conceived from a local pub, Sandlots, in Denver, Colorado, where a group of friends gathered with the goal to create a “uniquely flavored, highly drinkable handcrafted beer” (Blue Moon). Blue Moon boasts Belgium’s unique unfiltered style of beer combining malted white wheat and oats used for its creamy body, giving Blue Moon’s Belgian White its signature cloudy appearance and smooth full-bodied taste its known for. Blue Moon is categorized as a “crafted/special occasion” beer that is marketed to beer enthusiasts throughout the US, United Kingdom, and the British Virgin Islands (Molson Coors). It made its first debut in 1995 and shortly after received awards for three consecutive years for its Belgian White at the World Beer Championships. Over time, in addition to the famous Belgian White, Blue Moon now offers and brews seasonal beers such as Summer Honey Wheat, Spring Blonde Wheat Ale, Winter Abbey Ale, and Pumpkin Ale. 3 Blue Moon can be purchased at most convenience stores, liquor stores, supermarkets, as well as on tap at various bars and pubs nationwide. The average cost of a 6 pack of Blue Moon is priced at $9.99, while other brands such as Corona and Bud Light are priced from $7.49 $8.99. Research shows that the cost of Blue Moon is being sold at higher cost. It has been priced on a high end scale and may be attributed for its unique taste, as it does envelop “a refreshing, medium-bodied, unfiltered Belgian-style wheat ale spiced with fresh coriander and orange peel for a uniquely complex taste and an uncommonly smooth finish” (Miller Coors). Their largest identifier is the Blue Moon logo with their distinctive font along a unique shade of blue. This can be seen on their beer mugs, on their boxes, on their website and has become their trademark. BRAND EQUITY INVENTORY BRAND HERITAGE At Sandlots, a local pub located in Denver, Colorado a group of friends gathered together with the initial goal to 4 create a “uniquely flavored, highly drinkable handcrafted beer” (Blue Moon). This is how the Belgian White style beer was born. Blue Moon’s original name was the “Belly Slide Belgian Wit” until an administrative assistant said “A beer this good only comes around once in a Blue Moon”. The name stuck and it started to get recognition. Since becoming famous for its unique flavor, Blue Moon began circulating and is becoming well known throughout the beer industry, most notably at the World Beer Champion being recognized for three consecutive years. Over time, in addition to the famous Belgian White, Blue Moon now offers and brews seasonal beers. BRAND REPRESENTATIVES Although Blue Moon carries several products, they are consistent with their dark amber bottle and the layout of their label. They have a distinct font written in a pale white banner with an image of a blue moon found behind on the left hand side. It is apparent Blue Moon carries more than one line, and even though they may have different backdrops for each line, they remain consistent with their “Blue Moon” banner with an image of a blue moon printed in its background. BRAND IDENTIFIERS Their largest brand identifier is truly their logo with an image of a blue moon and the script written in their distinctive dark blue font. It’s this logo that seems to be the most dominant with the ability to identify the brand. This can be seen on their beer 5 mugs, boxes, and on their website and has become a trademark. Blue Moon beer is also strongly identified by their company slogan, “Artfully Crafted”, which is truly reflected in their advertising campaigns. BRAND DOMAINE Some products that could logically brand this product would be bar signs with neon light, beer koozie cups, brand a certain orange and brand a certain snack to help enhance the flavor of the beer. For instance, a Blue Moon beer and certain bowl chips or spiced peanuts. Something can be created where when you think of having Blue Moon, a certain product can go hand in hand with it, just like a slice of orange is thought to bring out the flavors. Maybe a certain orange or a certain food can enhance the flavors even more BRAND ESSENCE The Blue Moon brand has stood for high quality, handcrafted, bold Belgian style beer that was crafted by friends for friends who just want to have fun and enjoy the time together. This is what makes Blue Moon: “BELGIAN STYLE: ARTFULLY HANDCRAFTED BEER” SWOT ANALYSIS 6 STRENGTH Golden's Blue Moon Brewing Co. was named the largest brewing company of the year in the 2010 Great American Beer Festival's awards. It was also recognized as the World Beer Champion for three consecutive years Blue Moon is involved with the community (social responsibility) Blue Moon offers a uniquely spiced and blended brew which sets them apart from the crafted and domestic brews. Blue Moon now offers canned beer, making it optimal for everyone to enjoy during outdoor activities such as camping or spending a day at the beach WEAKNESS OPPORTUNITY The Blue Moon brand is not widely recognized among the public THREATS Opportunity of expansion and getting known worldwide. Opportunity of expansion and getting known worldwide. Sometimes high prices could suggest better quality. Sometimes high prices could suggest better quality. List of Brands other than Blue Moon: 7 Yuengling Budweiser Rolling Rock Samuel Adams Land Shark Bud Light Lime Leffe Guinness Stella Artois Modelo Especial Efes Pilsener Corona Light Clustered Brands: Domestic - Traditional Yuengling Budweiser Rolling Rock Domestic- New Age Sam Adams Land Shark Bud Light Lime Blue Moon Exotic – Traditional Leffe Guinness Stella Artois Modelo Especial Exotic - New Age Corona light Efes Pilsener COMPETITIVE MAP 8 TRADITIONAL DOMESTIC EXOTIC NEW AGE BRAND PERSONALITY 9 If Blue Moon was considered a person it would be Megan Fox. Like Megan Fox, Blue Moon is a new brand in the market; it is innovative and different from the traditional beers. Blue Moon would be someone that dresses casually, but at the same time in an elegant manner with good taste. She can be pictured wearing blue jeans and a nice shirt. She would be involved in the arts and enjoy handcrafts. She would share a passion for life, be intelligent, innovative, stay traditional to her roots, and would be environmentally friendly. She would also appreciate homemade food, would prefer bars over night clubs and can be seen as a relaxed person. She likes to shop at Express, Banana Republic and Anthropologie. She is conscious of her image and as a result chooses organic foods, mainly salads and fish. She enjoys making fond memories with her friends and loves the beach. She is a very easy going person, and can easily watch chick flicks or action movies with no hesitation. She would be an extremely sensitive and socially responsible person. = TARGET DESCRIPTION 10 Blue Moon is considered a fairly new brand. This Belgian Style Wheat Beer is currently consumed by those interested on more exclusive and crafted products. According to Pottoliccio, Blue Moon enthusiasts appreciate the lighter refreshingly fruity flavoring (with a slice of orange). Blue Moon targets young people that are socially liberal and are willing to go against conventional products and who enjoy trying new things and flavors. In addition, Blue Moon also markets to those individuals who enjoy having craft beer According to Bulik’s article, “What your tastes in Beer says about you”, specifically under the section of “Blue Moon and Craft Beers” the following passages highlights their distinct personality: “People who drink Blue Moon beer are 105% more likely than the average person to drive hybrid cars, 77% more likely to own Apple Mac laptops, 65% more likely to purchase five pairs or more of sneakers every year, and 32% more likely to not be registered voters. This market can be characterized as those who are more open-minded and free spirited, who are always seeking for their next quest to create experiences. Lastly, they are also considered to be intellectually curious people. Craft-beer drinkers have a lower sense of responsibility, as they do not stress about missed deadlines and tend to harvest a “live for the moment” attitude. Craft-beer lovers are 153% more likely to always buy organic, 52% more likely to be fans of the show "The Office" and 36% more likely to be the ones to choose the movie they are going to see at the theater.” BRAND POSITIONING 11 “To young unconventional yet classy beer drinkers, Blue Moon is the brand that artfully crafts beer for your never ending fun.” 12 Blue Moon Pricing Based on our price comparisons from several locations, our team has agreed that Blue Moon is priced just right at $8.99 for a 6 pack. According to Wine Access, it is positioned as a mid priced brew in the beer industry. As a valued craft beer priced at $8.99 it is distinctly placed and is quite appealing to many consumers. In accordance with the 4 different pricing techniques, we believe Blue Moon falls under the “value based pricing” method. By pricing Blue Moon on the market at $8.99, it does not go above and beyond the mid class brews. Instead, it competitively sells, as Blue Moon is considered a craft beer and not just a local everyday beer. At $8.99, it is only a couple dollars more than the average beer, thus, creating value for the consumer. The two other pricing strategies, “Cost Based” and “Competition Based”, does not apply to how Blue Moon is priced because Blue Moons purpose is to capture consumers based on value of the product. Since Blue Moon is a craft beer, with only about less than six million barrels produced per year” (Miller Coors), Blue Moon’s value can be seen as a beer that is artfully crafted and is being sold at a price that consumers believe it should be worth. 13 Price Comparison Target (US 41 & Daniels Pkwy) Brand Unit Ounces Unit Price Per Oz Unit Price Per Bottle Unit Price per Pack Sam Adams 6 Pack 12 oz 0.12 $8.99 $1.50 Blue Moon 6 Pack 12 oz 0.12 $8.99 $1.50 Guinness 6 Pack 12 oz 0.12 $8.49 $1.42 Modelo Especial 6 Pack 12 oz 0.12 $8.49 $1.42 Corona Light 6 Pack 12 oz 0.12 $8.49 $1.42 Stella Artois 6 Pack 12 oz 0.11 $7.99 $1.33 Land Shark 6 Pack 12 oz 0.10 $7.49 $1.25 Yuengling 6 Pack 12 oz 0.9 $6.49 $1.08 14 Price Comparison Publix (Corkscrew Rd) Brand Unit Ounces Unit Price Per Oz Unit Price Per Bottle Unit Price per Pack Sam Adams 6 Pack 12 oz 0.12 $8.99 $1.50 Stella Artois 6 Pack 12 oz 0.12 $8.99 $1.50 Blue Moon 6 Pack 12 oz 0.12 $8.29 $1.38 Modelo Especial 6 Pack 12 oz 0.11 $8.19 $1.37 Corona Light 6 Pack 12 oz 0.11 $8.19 $1.37 Guiness 6 Pack 12 oz 0.11 $7.99 $1.33 Land Shark 6 Pack 12 oz 0.10 $7.59 $1.27 Yuengling 6 Pack 12 oz 0.9 $6.49 $1.08 15 Distribution Channels Blue Moon operates an indirect distribution similar to example of “Channel 2” (See below) PRODUCER PRODUCER PRODUCER DISTRIBUTOR RETAILER RETAILER CONSUMER CONSUMER CONSUMER ( Channel 1) (Channel 2) (Channel 3) “Blue Moon Actual Distribution Channel” MOLSON COORS BREWERY DISTRIBUTORS (JJ Taylor Florida Distributor, Lee County) OFF SITE (Publix on Corkscrew) Molson Coors ON SITE (Miller’s Ale House, Gulf Co Brewery currently has a CONSUMERS distribution (Free Spirited & Fun People) CONSUMERS (Anastasia, Ashley, Mari 16 channel that efficiently works for both consumers and vendors. According to Miller Coors Brewery located in Shenandoah Valley, VA, Miller Coors handles its own distributor channels as well as vendors who are distributors as well. From the Brewery, it delivers the products to an “Off-site” location also known as convenience or grocery stores and to “On-site” locations also known as restaurants. After the products reach their final retail location, the consumers are now able to enjoy Blue Moon. Retail is a huge part of Blue Moon’s channels, as it is the most convenient and effective way for consumers to purchase Blue Moon. Due to the regulations of consumers purchasing directly from the producer, this is the only way possible to retrieve Blue Moon. As Blue Moon is mainly sold in grocery, convenient and liquor stores, it can also be enjoyed at many restaurants and sports bars. For this reason, retail is an extremely important part of the Blue Moon’s distribution channel. Without it, consumers would not have a way in order to enjoy Blue Moon’s artfully crafted beer. 17 Blue Moon’s channel strategy is right for what our brand stands for. Blue Moon’s short length distribution channel allows for the flow of information and promotion of our specialty brand to reach current and prospective consumers. Blue Moon takes pride in being the crafted brand that is becoming widely recognized and readily available to our consumers looking for a laid back afternoon or evening. Whether it’s ordered on tap at your local bar or picking up a six pack from your local liquor store before the barbeque, Blue Moon is the brand that embodies a good time with friends. 18 CREATIVE WORKPLAN & MEDIA SELECTION Advertising Objective The purpose of advertising is to raise awareness of Blue Moon as a craft beer, as well as to continually assist in helping Blue Moon launch their seasonal lines eg: Winter, Summer, Spring, Fall, as well as their special editions. In addition, advertising Blue Moon’s brew competitions will facilitate and get their consumers involved with the product in a fun manner. One of the most important features that should be included should be an image of an orange. Blue Moon garnished with a slice of an orange always goes hand in hand, when serving this craft beer. Target Blue Moon targets young people that are socially liberal and are willing to go against conventional products and enjoy trying new things and flavors. People that enjoy having Craft- beer drinks are also part of the target market. People who drink Blue Moon beer are 105% more likely than the average person to drive hybrid cars, 77% more likely to own Apple Mac laptops, 65% more likely to purchase five pairs or more of sneakers every year, and 32% more likely to not be registered voters. 19 Unique Selling Proposition/ Differentiating Proposition “A classy beer fit for all occasions” Media to be used Magazines, TV Commercials, Posters Ad’s, Social Media Ads Forms of Ads Because of the audience characteristics, a majority of our ads will be seen in commercials in between a game or a movie. Because Blue Moon just recently came out in cans, it is allowing more and more people to truly enjoy Blue Moon anywhere at any time- especially more so at a parks and recreation level. We will also produce ads that subliminally speak to consumers in a way that it becomes a part of the conversation via social media. We will advertise the next brew competitions along with flavors and ideas from the Blue Moon Fans. By targeting this specific consumer, they will be able to spread via word of mouth. 20 Blue Moon Promotional Ideas 1) Coors Field and Sand Lot Brewery Purchase a ticket at Coors Field in Denver, CO, and after the game, enjoy a FREE pitcher of Blue Moon at Sand Lot Brewery! Step back in time and enjoy Blue Moon at its own birthplace. Get a feel for the hometown environment with friends. Those who go will leave with an experience. a) Objective for this promotional idea is to create desire to purchase. b) The promotion is going to work because Coors Field and Sand Lot Brewery are both in an ideal walking distance location from each other. Having a ticket to the game gives them an opportunity to experience a pitcher of Blue Moon with friends. c) This promotional idea is right for the brand and target because, Blue Moon epitomizes fun times with friends while enjoying a craft beer. It will be an intimate way of getting to know more about Blue Moon, with friends having a good time. While at Sand Lot’s, our target market can take in the environment, understand the heart of Blue Moon, and be exposed to a whole new perspective of craft beer. 21 2) Craft Beer Expo Go with Friends. At the Expo, avid enthusiasts can sample a variety of what Blue Moon offers. They can also submit an idea on new flavor as Blue Moon is always changing and promoting a “seasonal” flavor. Fans can also rate their favorite and submit ideas and be a part of the Blue Moon Journey. At the end, you may leave with a six pack of your choice. This can drive sales and increase customer base. a) Objective for this promotional idea is to create desire in the public to purchase product. b) The promotion is going to work because at the expo, most of those who attend will go with a few friends. While there, they can sample several seasonal brews and at the end, take home a six pack of their favorite choice. Not only that, but while sampling, consumers can provide their opinion and give suggestions. This is important, as we can understand more of what our consumers are looking for and cater to them. c) This promotional idea is right for the brand and target because this whole event can be enjoyed thoroughly with friends. This also gives everyone an opportunity to sample several beers, give suggestions, and take home a six pack of their choice to enjoy. After having this experience, they can also advertise our product via word of mouth. 22 References http://www.beer-brewing.com/beer-brewing/beer_chapters/ch01_beer_industry.htm http://www.bluemoonbrewingcompany.com/ http://www.millercoors.com/our-beers/great-beer.aspx http://www.molsoncoors.com/en/Index.aspx http://www.youtube.com/watch?v=wlduHTipMAU http://www.bizjournals.com/denver/stories/2010/09/13/daily71.html http://findarticles.com/p/articles/mi_m0EIN/is_1999_Nov_18/ai_57626260/ http://www.beer-universe.com/beer-education-article/2010-05-13/Women-and-BeerA-Surprising-Trend-in-the-Beer-Industry/ http://adage.com/article/news/psychographics-taste-beer/140106 http://www.wineaccess.com/file/store/totalwine/beer-corridorwine.pdf http://www.cnbc.com/id/45079554/MillerCoors_Crafts_Small_Beer_Strategy 23