In: Economics
Nestle-Waters, an entity of Nestle, dominates the water bottle
industry with its 51 bottled water brands. Each brand has its own
taste and comes from different areas of the world. Their brand
Valvert comes from a protected forest in the Gaume region of
Belgium, while Poland Springs comes from springs in Maine.
Historically Nestle Waters has used retail merchandising, print,
commercials, and sponsorships to market their individual brands. To
reach their marketing goals of increasing sales and brand awareness
the company restructured its Marketing Department. Instead of
having individual General Managers create different marketing
strategies and tactics, they centralized their sales force,
streamlined marketing strategies, and standard processes. One
clever strategy was to target consumers during specific
occasions/events of the year where water bottle usage is high.
Thus, they focused on the Superbowl to target consumers with
substantial advertising and promotions.
Another advertising/marketing opportunity Nestle Waters seized was
increasing its corporate social responsibility by becoming
advocates for the environment. Advertising in all mediums that they
are environmentally conscious and adopting core environmental
values by which the company operates. In fact, its website educates
the consumer on types of water, hydration, and other topics.
Among all the mediums, I think Nestle Waters needs to up their game
in web/internet marketing. Their website design is a little dated
and the social media presence is weak. However, individual brands
have updated website designs and higher social.