Events Sponsorship & Marketing Case Study Blog Report
Overview of the company
I feel that the above events that I suggest fits perfectly towards both 100PLUS marketing and sponsorship objective as it suits the products that they are trying to sell and it suits their company tagline and mission.
References
The Official Isotonic Drink of the 28th SEA GAMES. (n.d.). Retrieved from http://www.fnnfoods.com/the-official-isotonic-drink-of-the-28th-sea-games/
100PLUS Singapore: Brand Mission. (n.d.). Retrieved from http://100plus.com.sg/brand-mission/
Yeo Hiap Seng. (2018, April 30). Retrieved from https://en.wikipedia.org/wiki/Yeo_Hiap_Seng
100plus. (2018, May 07). Retrieved from https://en.wikipedia.org/wiki/100plus
Aquarius isotonic drink soft launched in Malaysia (Updated – April 2016). (2017, February 04). Retrieved from https://www.minimeinsights.com/2015/06/16/aquarius-isotonic-drink-soft-launched-in-malaysia-updated-april-2016/
Aquarius (sports drink). (2018, May 12). Retrieved from https://en.wikipedia.org/wiki/Aquarius_(sports_drink)
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Background
100PLUS was created in the year 1983 by
Fraser and Neave Limited. This drink was created to commemorate 100 years of
Fraser and Neave Limited Asia. Being the home grown brand of the popular
isotonic drink in Singapore, 100PLUS has sponsored many sporting events in
Singapore such as 28th National SEA Games. Created in 1983 primarily
targeting marathon runners, now it has become a drink that everyone loves, now
100PLUS has been established to become Singapore and Malaysia number 1 isotonic
drink.
- The company 100PLUS
works in the Food and Beverage industry as the company only sells products that
are isotonic sports drinks.
- There are only 3 different types of product category that
100PLUS sells, 100PLUS carbonated, 100PLUS zero, 100PLUS active. With also
100PLUS Carbonated having 4 different types of flavours to choose from. Each
type of product has different types of purpose for the drinks, for example,
100PLUS active has extra vitamin B inside the drink and designed to help energy
production and also aid in after sports recovery.
Customer, clients
For the target market of 100PLUS, it would people who are
generally sporty from ages 13-45, with no specific gender group, competitive
athletes or people who workout regularly, or teachers, shop managers.
- Key customers of 100PLUS company would be the public, but
to be specific it would be those who are active in sports activities as 100PLUS is an isotonic drink and it aids in boosting hydration, electrolytes,
carbohydrates for athletes. To segment the market of the target customer, it
would be demographic, psychographic, behavioural.
For demographic it would be regardless of age and gender as
100PLUS does not target any specific age group or gender. Under demographic,
occupation of the market it could be competitive athletes who does sports for a
living. This is because competitive athletes constantly take part in
competition and after every competition or marathon drinking 100PLUS will allow
them to regain their energy, be hydrated again.
Psychographic, this segmentation is by psychological
attributes for 100PLUS it will fall under lifestyle as those who are
health-conscious and exercise to keep fit. As majority of Singaporean knows
100PLUS hence they will choose to drink 100PLUS to help them regain their
energy level and be hydrated again.
Behavioural, for an athlete the usage rate and also user
status of 100PLUS will be regular as they will constantly buy to keep
themselves hydrated and help to recover after the sports. Many people who
drinks 100PLUS seldom drink different brand of isotonic sports drink hence,
customer has a very high loyalty status to 100PLUS.
Lastly, will be socio-economic differentiators, for this
case, more of lower middle-class people of working class that are semi-skilled
workers will attend sports events like marathons, which are key customers of
100PLUS as going for any type of sports event drinking an isotonic drink before
or after helps the athlete to function much more better.
Competitors
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H-TWO-O
H-TWO-O is manufactured from another home-grown
brand Yeo’s which also as many products under their name, however despite being
also a home grown brand, H-TWO-O is not able to compete with 100PLUS as majority of
the market share are occupied by 100PLUS, and also it is due to 100PLUS is a
pioneer brand in Singapore hence more people know about 100PLUS first and due
to brand loyalty more people will stick to 100PLUS instead of buying H-TWO-O, however H-TWO-O still managed to established a strong standing despite having 100PLUS as their competition.
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Aquarius
Aquarius originated in 1978 but was only
introduced in 1983, however being introduced at the same time as 100PLUS, it
was only available at Japan at first and it only landed into the Singapore
market in 2012. Entering the market at such late stage, it could not fight with
pioneer brand such as 100PLUS and H-TWO-O. However, more people are opting for this
option as it is cheaper in price as compared to both 100PLUS and H-TWO-O.
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Pocari
Launched in 1980 in Japan, only available
at Japan at first and was not in the Singapore market at the same time as the
pioneer brands, despite that Pocari made their name known in then Singapore
market by sponsoring many different types of sporting event over the past few
years with one coming up which is at Sentosa. It also sells a powder packet
that none of the other 3 competitors have which makes their brand unique.
WEAKNESS
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Sponsorship involvement.
100Plus has sponsor many major sporting
events such as the 28th SEA Games, Singapore National Table Tennis,
HSBC Rugby 7s, OCBC Cycle 2018.
100PLUS was the official sponsor of the 28th
National SEA games in Singapore in 2015, to also commemorate the golden jubilee
year, 100PLUS release golden can for the event and island wide on all stores,
to rally on Singaporeans to cheer on and go for the gold.
The most recent event that 100PLUS was a
sponsor was the annual OCBC Cycle 2018, where 15 local cycling teams and 8
S.E.A teams competing for one goal which is to emerge as champion.
As everyone know 100PLUS is the leading
isotonic sports drink in Singapore, being a sponsor for these events was a
logical choice as all these events are related to sports and during sports or
after the sports event athletes needs to be hydrated and replenish hence
drinking 100PLUS allows that for them.
Also, 100PLUS want to let those countries
who are participating in these events to drink 100PLUS so as to get their name
to overseas market, so more people will know about them, despite being the
leading isotonic brand in both Singapore and Malaysia, they can still branch
out to different overseas market to gain bigger market share.
100PLUS brand mission is inspire with
creativity and determination and push people to their limits without giving up
and to beat themselves in everything. This brand mission suits sporting event
such as 28Th SEA Games and HSBC Rugby 7s as all these events pushes
the athletes to their limit and ensuring themselves that they win the gold back
for their representing country, and not giving up without a fight in the
competition.
Aiming to promote healthy living in
Singapore, 100PLUS has also sponsored National Steps Challenge, as an act for
Singaporeans to start their healthy living small by taking part in the National
Steps Challenge. This event mainly targets elderly people as an act for them to
continue be active in the society to keep them healthy.
100PLUS chose these sporting events to
sponsor as it wants to reach out to more target customers in the event, also it
suits their tagline ‘OUTDO Yourself’. Despite being the leading isotonic sports
drink in both Singapore and Malaysia, 100PLUS still sponsors the 28th
National SEA Games as it has a potential audience of 600 million and with that
more people will know more about 100PLUS and expanding into the overseas market
would be easier as people would already know who they are. Being majority of
the 100PLUS market only in Asia hence, creating brand awareness in such an
event would allow more people to know about them.
By sponsoring all these events, 100PLUS is
able to create a bigger brand image towards Singaporeans and the foreigners as
more people will know more about this home-grown brand be it overseas or
locally. With 100PLUS releasing new products like 100PLUS Zero, they can test
their products on the event participants to see if the feedback is good and if
there is any improvement needed to be make to the product itself, which is
known as product trial.
Sponsorship Recommendation and
Justification
I feel that marathon or major sporting
event would be the best match to the company’s marketing and sponsorship
objectives, for example, Star Wars Run, or Olympics or Paralympics or any sort
of minor to major sporting events. As all these events involves athletes and
they will be needing hydration and electrolytes during or after the race or
competition.
For Olympics, it is a world event and it
consists of almost all the countries hence there will be a lot of people and
many athletes also, this suits the brand mission to not give up and push to
their limits
Currently Olympics are being sponsored by
Coca-Cola and it has been the sponsor since 1928, however Coca-Cola is not a
isotonic drink and more of a sweet drink and does not provide the energy
replenish for the athletes after their competition so I feel that if 100PLUS is
able to sponsor it will benefit both as Olympics is a world event and with that
everyone would know the brand and also the athlete will feel more energized and
hydrated after drinking 100PLUS as compared to drinking Coca-Cola.
Next is why I think Paralympics is another good choice for the sponsorship, also being same as Olympics it is a world event. This event suits best to the brand mission as the athletes participating in those events are all disabled either having lost a leg or hand, they did not give up and persevere to push themselves and made it into the Paralympics hence I feel this event suits best to the brand mission of 100PLUS. As mention above, the brand mission is push one to their limits and not giving up without a fight, therefore I feel this would be the best match for the company’s sponsorship objectives.
Star Wars Run, this event attracted many participants all over the world as avid fans of Star Wars flew down to Singapore to participate in this event. Many brands were also part of their sponsor and partners, however their drink sponsor was UFC, where they sponsored coconut water for the runners to drink while running and after the run. This drink choice was not really a good choice as compared to 100PLUS sponsoring them coconut water does not replenish the energy lost and hydrated the runners as good as 100PLUS does and drinking too much coconut water also has bad side effect to the runners as they may get cramps on their legs, so I feel that 100PLUS sponsoring them would be a better choice as it provides a better hydration and energy replenish for the runners when they are running.
With the aim to promote active lifestyle and
healthy living to Singapore, 100PLUS can sponsor any upcoming health
conventions to teach Singaporean different ways of healthy living and keeping
themselves hydrated after working out by drinking 100PLUS. With more and more
people changing their lifestyle to a healthy lifestyle nowadays, this event
will attract a significant number of people as there is an increase in number
of Singaporeans choosing to eat more healthier and going for regular workout or
jog.
I feel that the above events that I suggest fits perfectly towards both 100PLUS marketing and sponsorship objective as it suits the products that they are trying to sell and it suits their company tagline and mission.
References
The Official Isotonic Drink of the 28th SEA GAMES. (n.d.). Retrieved from http://www.fnnfoods.com/the-official-isotonic-drink-of-the-28th-sea-games/
100PLUS Singapore: Brand Mission. (n.d.). Retrieved from http://100plus.com.sg/brand-mission/
Yeo Hiap Seng. (2018, April 30). Retrieved from https://en.wikipedia.org/wiki/Yeo_Hiap_Seng
100plus. (2018, May 07). Retrieved from https://en.wikipedia.org/wiki/100plus
Aquarius isotonic drink soft launched in Malaysia (Updated – April 2016). (2017, February 04). Retrieved from https://www.minimeinsights.com/2015/06/16/aquarius-isotonic-drink-soft-launched-in-malaysia-updated-april-2016/
Aquarius (sports drink). (2018, May 12). Retrieved from https://en.wikipedia.org/wiki/Aquarius_(sports_drink)
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