By: Kimberly Tucker, Ashley Solomon, Chris Salt

New Belgium Brewing: Developing a Brand

Personality

The Problem:The problem surrounding New Belgium

Brewing is that they have not effectively developed a marketing strategy that is appealing to other target markets or demographic areas. Their niche market is too specialized and localized to be a viable business model for any significant long term success, and expanding their marketing strategy would allow them to have a proactive advantage over the competition, differentiate their beer from other products in the craft beer market, and maintain and increase their market share.

Issues:Message Development

Local Touch

Media Selection

SWOT AnalysisStrengths OpportunitiesCore values of customer intimacy, sustainability, whimsy, and funAppeals to the environmentally conscious consumerConducts extensive surveys and research on its products, brands, and customers

NBB expanding their target market

Weaknesses ThreatsNarrow marketing strategyNarrow message that emphasizes a local touch

Niche market unsustainable

Viable Alternatives:Capitalize on Television

Advertisements

Develop a New Brand

Broaden Message Development

Decision and ImplementationDevelop a new brand of beer

Have an identifiable name, like Lady Liberty Domestic Ale. NBB will need to purchase new bottles, labels, packaging, ingredients, and organize production and distribution methods. New production plants will also need to be built to increase sales and sales locations of NBB’s current beer brands and Lady Liberty Domestic Ale. Have a flavor that is appealing to a wider range of customer pallets. To advertise for Lady Liberty Domestic Ale, a combination of media will be used. Traditional television, radio, and print advertising will be utilized. Overall, the implementation of Lady Liberty Domestic Ale will attract a new wide variety of customers to NBB. With the combination of new advertising, a mass appeal taste, and the unique personality that NBB has, Lady Liberty Domestic Ale is positioned to solve NBB’s problem of having a marketing strategy that is too narrow, which limits their target market.