Lipton
was created at the end of the 19th century by Sir Thomas Lipton. Under the
slogan “direct from the tea gardens to the tea pot,” this entrepreneurial
businessman wanted to make tea a popular and approachable drink for everyone
with a high quality but reasonably priced product. Also, they use a variety of
methods to promote their products worldwide and to reach to the maximum number
of the targets.
Thursday, May 7, 2015
Business Description
The mission statement of Lipton is to meet the everyday needs
of people everywhere, to anticipate the aspirations of consumers and customers
and to respond creatively and competitively with branded products and services
which raise the quality of life. Also, Lipton drives to serve consumers in a
unique and effective way and attract and develop highly talented people, who
are exited, empowered and committed to deliver double-digit growth (slideshare.net).
The vision of Lipton is to provide the best quality tea has
made Lipton the number one tea in the world today. Lipton offers an option to
tea lovers to enjoy their favorite drink in an exciting and refreshing way
(facebook.com).
Wednesday, May 6, 2015
Market Analysis
Lipton advertisements target a wide range of
people which includes all age groups even children too.
As it is being marketed and available in almost
150 countries so the target market is almost the whole world which consists of
people with different cultures and tests.
The target audience for the advertisement is the
tea lovers who consume tea in reasonable amount and like to try different
varieties in it. Also it aimed to reach younger generation of consumers; people
aged 18-24, and bring the taste of cold tea to them in the hot summer.
• Marketing Strategy
Lipton is currently
using total market strategy. Their tea bags and tea packs area available in
every market. But there is market for ice tea in some parts of country where it
is not available. Ice tea should adopt multi market strategy to cover those
areas where its demand.
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