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Question

The Boxed Water Brand

P‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍lease research the brand “Boxed Water” , and write:

1.a diagnostic about the brand current marketing strategy and implementation, use any criteria you feel are appropriate.

 2. based on your analysis and evaluation, make recommendations for‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍ how to fix the problem you spotted. 

Note: Please focus on this problem “low differentiation” : the problem of similarity with other mineral water packaged using sustainable paper materials. and provide recommendations accordingly based on ‌‍‍‌‌‍‌‌‌‌‌‍‍‍‌‌‌‌‍research.

Expert Solution

Boxed water has been growing in popularity recently, and for a good reason. Consumers are buying bottled water because they cannot trust tap water, which is a huge market. Companies have benefited from this rise since they can sell their products without competition. Boxed water is taking advantage of this by selling its product in a recyclable box that looks good. They are also selling the water for much cheaper than bottled water companies, thus eliminating the competition. Boxed water is a large industry that is growing rapidly. Boxed water is gaining popularity due to the convenience of carrying it to places such as schools or the gym and not paying for plastic bottled water. For a better insight into the boxed water brand, it is crucial to examine its current marketing strategy and implementation. Additionally, reviewing the problem of low differentiation and developing recommendations to battle the challenge is also essential. 

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