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Powering Up Marketing: Marketing Insights for CodeX's Indian Market Launch

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Powering Up Marketing:  Marketing Insights for CodeX's Indian Market Launch

About this project

As a marketing data analyst, I spearheaded the transformation of survey data into actionable insights that the marketing team can use to enhance brand awareness, market share, and product development for CodeX’s energy drink. My analysis focused on several key areas, including Demographic Insights, Competition Analysis, Consumer Analysis, and Marketing Channels.

Utilizing advanced AI tools such as decomposition trees and dynamic search bars, along with performance optimization techniques, I ensured that our reports provided smooth and scalable performance.

  1. Demographic Insights:
  • Gen Z vs Millennials: Gen Z showed a strong preference for online channels, with 2,666 responses favoring this medium. Millennials were more influenced by TV commercials, while print media and billboards had the least impact.
  • Low Performing Cities: Kolkata, Ahmedabad, Jaipur, and Lucknow reported lower energy drink consumption. This could be due to less effective marketing strategies or lower brand penetration in these regions.
  • Who Craves More: Approximately 6,000 men indicated a higher craving for energy drinks, likely due to higher activity levels or lifestyle demands. In contrast, 3,460 women and 507 non-binary respondents showed less craving, potentially due to different energy needs or preferences.
  • City and Energy Drinks: Bangalore recorded the highest number of taste experiences, followed by Hyderabad and Mumbai. This suggests these cities have a higher acceptance and preference for energy drinks.
  • The Energy Drink Popularity: The primary reasons for consumption were combating fatigue (2,428 respondents) and increasing energy and focus (3,574 respondents).
  • Tier Effect: Tier 1 cities showed higher consumption (24,695) compared to Tier 2 cities (8,124). This disparity may be due to better marketing infrastructure and higher disposable income in Tier 1 cities.
  • Total Respondents: 10,000.
  1. Consumer Analysis:
  • Key Players: 7
  • City Surveys: 10
  • Ideal Drink Container: Cans were preferred by 3,984 respondents, while 3,047 preferred innovative design bottles.
  1. Competition Analysis:
  • Brand Preference: 980 respondents consume our brand, while 9,020 prefer other brands.
  • Price Range: Most respondents favored the price range of 50-99 INR.
  • Limited Edition Influence: 3,900 desired limited editions, 4,000 did not, and 2,000 were undecided.
  • Health Concerns: Over half of the respondents (60,000) expressed concern about health.
  • Winning Formula: 259 respondents were aware of our brand’s reputation.
  • Sugar Concerns: Only 2,000 respondents were concerned about sugar content.
  1. Marketing Channels:
  • Brand Perception: Effective, with 286 respondents aware of the brand.
  • What’s Stopping Them: 44% either dislike energy drinks or have health concerns, 23% face local availability issues, and 16% are unaware of the brand, leading to trust issues.
  • Awareness to Perception: Most respondents learned about the brand through online ads, followed by online retailers and supermarkets. There is room for improvement in reducing sugar, using more natural ingredients, making the product healthier, and adding more flavors.

New Features and Recommendations for Marketing Team:

  • Targeted Marketing Campaigns: Focus on online channels for Gen Z and TV commercials for Millennials to improve brand awareness in specific demographics.
  • Regional Strategies: Enhance marketing efforts in low-performing cities like Kolkata, Ahmedabad, Jaipur, and Lucknow. Consider local partnerships or promotions to increase brand penetration.
  • Product Innovations: Develop new flavors and healthier options to address the demand for natural ingredients and reduce sugar content. Introduce limited edition releases to boost interest and engagement.
  • Expand Distribution: Address local availability issues by expanding distribution channels and increasing product visibility in underserved areas.
  • Brand Trust Building: Increase brand trust through targeted educational campaigns about the product's benefits and address health concerns by emphasizing the use of natural ingredients and reduced sugar content.
  • Enhanced Packaging: Consider offering both cans and innovative design bottles to cater to different consumer preferences.

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