Carabao Tawandang Limited is a leading energy drinks manufacturer in Thailand for more than 15 years. However, Carabao has only one well-known product that is “Carabao Dang” energy drinks. In order to mitigate business risks arising from the reliance on the energy drinks market and to increase corporate revenue, Carabao developed and launched a new product that is electrolyte beverage under brand “Start plus Zinc” in 2014. For the first 3 years, they expect to gain the market share for 10% but the competition in the electrolyte beverage market is high competitive and the market leader has an advantage in both branding and communication, that make the campaign did not reach the target.
The purpose of this strategic plan is creating for improve and adjust the current marketing strategy in order to increase the competitiveness to enter the electrolyte beverage market with efficiency. Moreover it can help to increase the market share and the revenue for the long term. This study will indicate a target customers, opportunities and threats in the business that will help developing the effective strategic plan in order to obtain the market share 10% in the next 3 years.