2008-10-06 23:00:00 -
www.researchandmarkets.com - Research and Markets (www.researchandmarkets.com/research/e0df3b/twinings_case_stud) has announced the addition of the "Twinings Case Study: Encouraging More Diverse Tastes in Hot Beverages" company profile to their offering.
This report on Twinings forms part of the series of case studies, which explore business practices across a variety of disciplines and business sectors. It looks at how the 300 year old
company has kept up with changing tastes by embracing health and premiumization trends and diversifying its range.
Key reasons to purchase this title
- Gain insight into the methods used by important industry players to give them a competitive edge
- Identify specific areas for operational improvements
- Capitalize on the knowledge of experienced companies when entering a new niche or market
Key Topics Covered:
CATALYST
SUMMARY
ANALYSIS
With the UK tea market declining, industry players are looking for opportunities to enhance their specialty offerings
Twinings is a 300 year old brand that has stayed relevant with changing consumer tastes
Twinings achieved strong sales in 2007, demonstrating how the well established brand has remained relevant to consumers changing preferences
Twinings undertook a brand overhaul in 2008 to emphasize health and make the range less confusing
The blends use 100% natural ingredients, which it claims is a first for a major tea brand
The Infusions and Green Tea ranges have been divided into four sub-sectors to make customer choice simpler
While black tea growth is stagnant, Twinings has capitalized on the stronger performance of premium black tea blends
Everyday premium tea could appeal to older consumers who make up a leading share of the tea market
Selection packs and superfruit flavorings could help to further enhance sales of Twinings green tea range
Selection packs and blended variants aim to encourage people to try the brand
Twinings has combined green tea with superfruit flavors to capitalize on consumer demand
Twinings new coffee line breaks with its traditional tea focus, but maintains a focus on quality
The launch into coffee followed two years of research
A light-hearted advertising campaign was aired during the pre-Christmas period, when more consumers trade up to roast & ground coffee
The brand extension has not been hindered by Twinings strong tea heritage
APPENDIX
Case study series
Methodology
Secondary sources
Further reading
Ask the analyst
Disclaimer
List of Tables
Table 1: Overall and per capita tea occasions (millions), Europe & US, by country, 2001-2011
List of Figures
Figure 1: Twinings has launched a range of tea products to help it stay relevant, including fruit fusions, green tea and an everyday tea blend
Figure 2: Twinings Everyday Tea was heavily marketed in UK TV and press, featuring Stephen Fry
Figure 3: Twinings branched out into coffee in 2007, breaking with its traditional tea focus
Figure 4: Twinings Coffee was advertised on TV with Stephen Fry and sidekick
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Source: Datamonitor
Research and Markets
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