Snapple Pricing and Product Strategy

Snapple Pricing and Product Strategy Snapple is an American soft drink company that ensures it has an effective product strategy: the strategy ensures that the company comes up with products that are competitive and responsive to the needs of the customers.Advertising We will write a custom essay sample on Snapple Pricing and Product Strategy specifically for you for only $16.05 $11/page Learn More The company makes brands of different flavors depending with the target market; some of the products include juice of different flavors, tea drinks, water, diet drinks, and fresh squeeze among others. The driving force to buying a certain product is the target market that the products are aimed at selling to. To come up with the products, the company engages in massive products and market research (Snapple Official Website). The main change that should be made in the company’s products is the packaging that they use: most of the products have been packed on plastic material that destroys the e nvironment; with the decomposition rate of plastics, when they have been deposited, they pollute the environment. The company should look for paper packaging material (when using paper concentration should be on recycled paper material), they will be less polluting. Snapple can be said to have a strong brand name across the markets it operates in, despite the competition in the soft drinks company, the company has been able to command an increasing market share and in the future its markets are likely to improve even further. When faced with an issue that can challenge the growth of its brand, the company is quick to react and change the ill move. The company can increase its markets further if it can have some low alcoholic products alongside the main line. The strategy will be a move of brand extension strategy: to get into the market, the company should make use of the strength of the current brand to persuade people adopt and embrace the new products (Monroe 63).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Pricing strategy The company uses a premium pricing model; the products can be said to be slightly higher than the average price of commodities in the industry. The reason why they have adopted the method is because of the strength of the brand. It has high quality products that can command a higher market than the others; when using the method, the company targets the working class and the high class members of the society. Premium pricing model is a strategic pricing model where the company rests on it strength in the market as well as the quality it offers. Since 1972, when the country was incorporated, they have developed unique products designs and they can blend sweet flavors to increase the market. When pricing the products, the company looks into the costs incurred, the profit margin as well as the costs sold by other companies in the same industry. After noting the average price in the market, the company’s marketing team then adds a margin that represents the premium as required by premium pricing strategy. The pricing method gives a higher return to the company but makes the products not affordable by the less fortunate in the society. The company should looks into the pricing approach that it is using; the current approach is locking the less fortunate in the society to afford the products. It should start taking use of economies of scale that it currently enjoys; with the current rate of economies of scale, the company can have some quality flavored products at a lower price (Kotler and Armstrong 263). Kotler, Philip, and Armstrong Gary. Principles of Marketing. New Jersey: Pearson Prentice Hall, 2010. Print. Monroe, Kent. The Pricing Strategy Audit. Cambridge: Cambridge Strategy Publications, 2003. Print. Snapple Official Website. Snapple. 2011. Web.Advertising We will write a custom essay sample on Snapple Pricing and Product Strategy specifically for you for only $16.05 $11/page Learn More

Shelf Life of Chlorine Bleach and How to Maximize It

Shelf Life of Chlorine Bleach and How to Maximize It Bleach is one of those household chemicals that loses its activity over time. It doesnt matter whether or not the bleach container has been opened or not. Temperature is the primary factor affecting how long bleach remains active. According to Cloroxâ„ ¢, the amount of hypochlorite that is added to their bleach depends on the season in which it is manufactured, because temperature affects the decomposition rate of sodium hypochlorite. So, more hypochlorite is added to bleach made in the summer than in cooler months. Clorox aims to maintain a 6% hypochlorite concentration for at least six months after the manufacturing date, assuming the bleach is stored around 70Â °F. It takes about 4-8 weeks from the time chlorine bleach is made to when it gets to a store so that you can buy it to take home. This leaves you 3-5 months where the bleach is at the effectiveness level stated on its label. Does this mean bleach is useless after 3-5 months? No, because you probably dont need 6% hypochlorite for laundry and home disinfection. The 6% hypochlorite level is an EPA disinfection standard. If you store your bleach where it can get warmer than 70Â °F, like 90Â °F, the bleach is still effective for around three months. How Long Is Bleach Good? So, when you buy a bottle of bleach, it has a shelf life. The bleach will be highly effective for around 6 months and fine for home use for around 9 months. Clorox recommends replacing any bottle of bleach that is over a year old. Another way to tell if your bleach is expired is to note its odor. Dont open the bottle and take a whiff! The human sense of smell is sensitive to bleach, so you should be able to smell it as soon as you pour it from its container. If you dont smell any bleach, its likely most of the product has decomposed into salt and water. Replace it with a fresh bottle. Maximizing the Bleach Shelf Life If you want bleach to remain as effective as possible for as long as possible, avoid storing it in extremely hot or freezing conditions. Generally, this means its better to store a bottle of bleach in a cabinet inside the house, which has a relatively stable room temperature, as opposed to a garage or outside storage shed. Bleach is sold in an opaque container. Dont switch it out for a clear container because exposure to light will degrade the chemical more quickly. Like other hazardous chemicals, make sure its kept away from children and pets. Its also a good idea to store bleach away from other household cleaners because it can react with many of them to release toxic fumes.