STRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA

Following the end of the COVID-19 pandemic, awareness toward health products among the Indonesia population, especially Gen-Z in West Java has continued to increase. This research focuses on developing a go-to-market strategy for Kombucha beverages to enhance their awareness and sales. The data was...

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Main Author: David Kurniawan, Gilbert
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/84016
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:84016
spelling id-itb.:840162024-08-13T15:32:00ZSTRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA David Kurniawan, Gilbert Indonesia Final Project Go-To-Market Strategy, Health, Healthy Beverage Industry, Pirate Metrics INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/84016 Following the end of the COVID-19 pandemic, awareness toward health products among the Indonesia population, especially Gen-Z in West Java has continued to increase. This research focuses on developing a go-to-market strategy for Kombucha beverages to enhance their awareness and sales. The data was collected through in-depth interviews with consumers of Mayvit Kombucha and processed using open, axial, and selective coding methods. Then, the results were integrated into the "Pirate Metrics" framework to design an accurate and measurable strategy. Findings indicate that Mayvit consumers are already aware of the healthy beverage industry, and Gen-Z has high digital literacy, making social media the primary information channel. This strategy also emphasizes the importance of partnerships with local retail stores and the implementation of retention and affiliate strategies to increase loyalty and sales. Mayvit is advised to implement this strategy until 2026, targeting a conversion rate of 1% from awareness to purchase, with expected annual increases to achieve the set sales targets. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
description Following the end of the COVID-19 pandemic, awareness toward health products among the Indonesia population, especially Gen-Z in West Java has continued to increase. This research focuses on developing a go-to-market strategy for Kombucha beverages to enhance their awareness and sales. The data was collected through in-depth interviews with consumers of Mayvit Kombucha and processed using open, axial, and selective coding methods. Then, the results were integrated into the "Pirate Metrics" framework to design an accurate and measurable strategy. Findings indicate that Mayvit consumers are already aware of the healthy beverage industry, and Gen-Z has high digital literacy, making social media the primary information channel. This strategy also emphasizes the importance of partnerships with local retail stores and the implementation of retention and affiliate strategies to increase loyalty and sales. Mayvit is advised to implement this strategy until 2026, targeting a conversion rate of 1% from awareness to purchase, with expected annual increases to achieve the set sales targets.
format Final Project
author David Kurniawan, Gilbert
spellingShingle David Kurniawan, Gilbert
STRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA
author_facet David Kurniawan, Gilbert
author_sort David Kurniawan, Gilbert
title STRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA
title_short STRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA
title_full STRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA
title_fullStr STRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA
title_full_unstemmed STRATEGIZING BRAND AWARENESS AND SALES FOR PROBIOTIC BEVERAGES: ANALYZING THE GO-TO-MARKET APPROACH OF MAYVIT KOMBUCHA
title_sort strategizing brand awareness and sales for probiotic beverages: analyzing the go-to-market approach of mayvit kombucha
url https://digilib.itb.ac.id/gdl/view/84016
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