Rockstar Drink: Developing, Managing and Pricing Products Presentation

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Updated: Apr 24th, 2024

Product Characteristics

  • Carbonated beverage.
  • Energy drink.
  • Contains Guarana, Ginkgo,Ginseng and Milk Thistle.
  • “Bigger. Better. Faster. Stronger”.
Rockstar
Rockstar

ROCKSTAR is the world’s most powerful carbonated energy drink which represents the herbal blend of Guarana, Ginkgo, Ginseng and Milk Thistle. ROCKSTAR is created for those who lead active life, and participates in exhausting activities, from athletes to rock stars. The motto of the company product is “Bigger. Better. Faster. Stronger” (Products, 2012).

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Product Characteristics

The Goods-Services Continuum

Rockstar is a pure good which can be tasted.

The Goods-Services Continuum

Nankervis (2005) defines the goods-services continuum as the range of characteristics which identify the item from being a pure product to pure service. There are only few pure goods and pure services, all other items are the mediums. The product under consideration is believed to be a pure good (good-dominant entitle) as it can be perceived by one of five human senses (Kerin, Hartley, & Rudelius, 2010). ROCKSTAR can be drunk (tasted).

The Goods-Services Continuum

The Category of the Product

ROCKSTAR is referred to convenience product as its price is not high, it is frequently bought, people do not need too much time to decide whether to buy it or not (Boone, & Kurtz, 2011).

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The Category of the Product
The Category of the Product

The Company’s Product Line and Product Mix

The Company’s Product Line:

  • Original Rockstar
  • Sugar Free
  • Zero carb
  • Rockstar Pink
  • Punched
  • Recovery
  • Rockstar ICED
  • Rockstar Coconut Water
  • Xdurance
  • Rockstar 2X
  • Rockstar Relax
  • Energy Cola
  • Juiced – Mango
  • Juiced – Guava
  • Roasted
  • Energy Gum

The Company’s Product MIX:

  • Product mix width.
  • Product mix length.
  • Product mix depth.

Product line is defined as a “group of similar products that differ only in relatively minor characteristics” (Pride, Hughes, & Kapoor, 2011, p. 224). ROCKSTAR ‘s prodct line consists of the the following items, Original Rockstar, Sugar Free, Zero carb, Rockstar Pink, Punched, Recovery, Rockstar ICED, Rockstar Coconut Water, Xdurance, Rockstar 2X, Rockstar Relax, Energy Cola, Juiced – Mango, Juiced – Guava, Roasted, and Energy Gum.

Product mix is “the assortment of product lines and individual product offerings” (Boone, & Kurtz, 2011, p. 360) aimed at maximizing the sales of the company restricted by the resources. The product mix is usually measured according to width, length, and depth.

The Company’s Product Line and Product Mix

Reference List

Boone, L. E., & Kurtz, D. L. (2011). Contemporary Marketing. Stamford: Cengage Learning.

Kerin, R. A., Hartley, S. W., & Rudelius, W. (2010). Marketing: The Core. New York: McGraw-Hill Companies,Inc.

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Nankervis, A. R. (2005). Managing Services. Cambridge: Cambridge University Press.

Pride, W. M., Hughes, R. J., & Kapoor, J. R. (2011). Business. Stamford: Cengage Learning.

Products. (2012).

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IvyPanda. (2024, April 24). Rockstar Drink: Developing, Managing and Pricing Products. https://ivypanda.com/essays/rockstar-drink-developing-managing-and-pricing-products/

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"Rockstar Drink: Developing, Managing and Pricing Products." IvyPanda, 24 Apr. 2024, ivypanda.com/essays/rockstar-drink-developing-managing-and-pricing-products/.

References

IvyPanda. (2024) 'Rockstar Drink: Developing, Managing and Pricing Products'. 24 April.

References

IvyPanda. 2024. "Rockstar Drink: Developing, Managing and Pricing Products." April 24, 2024. https://ivypanda.com/essays/rockstar-drink-developing-managing-and-pricing-products/.

1. IvyPanda. "Rockstar Drink: Developing, Managing and Pricing Products." April 24, 2024. https://ivypanda.com/essays/rockstar-drink-developing-managing-and-pricing-products/.


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IvyPanda. "Rockstar Drink: Developing, Managing and Pricing Products." April 24, 2024. https://ivypanda.com/essays/rockstar-drink-developing-managing-and-pricing-products/.

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