Tag Archives: Brand extension

I scream, you scream, we all scream for Mustard Ice Cream?

It is summer and we crave ice cream. Perhaps you are an ice cream addict. Perhaps you have tried virtually hundreds of flavors over the years. But, have you ever tried ‘mustard ice cream’? How have we lived without this flavor?

It’s not as strange as one might think. After all, there have been other crazy flavors of ice cream over the years: goat cheese ice cream, cilantro lime ice cream, curry and mint ice cream, sweet corn ice cream, lavender honey, and many more! And before you ask, yes, there is a ketchup-flavored ice cream which was created in honor of musician Ed Sheeran (who sports a ketchup tattoo), but it appears to only be available in Ireland.

The mustard ice cream was created by French’s and Coolhaus Ice Cream to celebrate National Mustard Day on August 3rd.  Unfortunately for all the mustard fans, the ice cream had a limited run of only a few days in New York and California locations. But, there is still good news – the recipe is available online for home chefs. The tart concoction is best served with a pretzel cookie to compliment the flavor.

Race you to the freezer!

P.S. Look at the fine print at the bottom of the container!

 

Group Activities and Discussion Questions:

  1. Discuss brand extension products (ex: Cheerios, Tide, etc.).
  2. What makes a brand extension successful? A failure?
  3. Divide students into team and have each team name five brand extensions.
  4. Show French’s Mustard Ice Cream site and video: https://www.mccormick.com/frenchs/mustard-ice-cream
  5. What are the students’ response to the product?
  6. In teams, have each team develop an idea for another unusual food product that is based on popular flavors.
  7. Since the ice cream is not widely available, ask for a volunteer to make the ice cream – perhaps for extra credit? https://www.mccormick.com/frenchs/recipes/dessert/no-churn-frenchs-yellow-mustard-ice-cream?utm_source=ice-cream&utm_medium=landing-page&utm_campaign=recipe-link

Source: Ad Week, CNN, USA Today, other news sources

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Taco Bell’s New Hotel (for a limited time)

Taco Bell has very loyal customers. In fact, some customers love Taco Bell so much that they never want to leave! Unfortunately, there are store hours to maintain. But fear not Taco Bell loyalists – if you really want to live at Taco Bell, try its new boutique hotel called (appropriately) The Bell.

Yes, the Taco Bell Hotel and Resort opens this summer in Palm Springs! The resort is open for a limited time only, but promises a “destination inspired by tacos and fueled by fans.” According to the company, this will be the flavor getaway of the year as everything from the rooms, food, and cocktails will have a Taco Bell twist.

Feeling a little stressed? Then this is the place for Taco Bell lovers to relax. The on-site salon will offer nail art, fades, and a braid bar all inspired by the Taco Bell theme. Few details have been announced so far, but reservations open in June for the adult-only (18 and older) hotel.

This isn’t the only unique hotel in the new era of experiential marketing. There is also a Trivial Pursuit Hotel in Russia where guests get rooms, food, and more by correctly answering trivia questions!

Where do you want to stay?

Group Activities and Discussion Questions:

  1. Poll students: What are their hotel experiences?
  2. Discuss travel, hotels, resorts and what today’s young travelers are looking for in their hotels.
  3. Show the Taco Bell Hotel Web site: https://www.tacobell.com/the-bell-hotel
  4. Also show video for the Trivial Pursuit Hotel: https://youtu.be/TPLORyhEBGQ
  5. Divide students into teams: If they could design a new, experiential hotel, what would it be like?
  6. Have teams identify the target market and the marketing mix for their new hotel idea.
  7. Debrief the exercise and vote on which resort the class will visit!

Source: Griner, D. (16 May 2019). Taco Bell is opening a boutique branded hotel called the Bell. Ad Week.

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SiriusXM Buys Pandora

SiriusXM satellite radio provider is buying music streaming service Pandora for a $3.5 billion stock deal. The deal will create the world’s largest audio entertainment company. Why should SiriusXM buy Pandora? Because SiriusXM wants to gain people who listen to music but don’t want to pay for the premium SiriusXM service.

SiriusXM offers streaming without advertisements for $10.99 to $20.99 per month per car with up to 140+ channels, or streaming on any device for the same amount of $10.99 to $20.99 per month, or combine both options for all-access streaming. SiriusXM has 36 million subscribers in North America.

On the other hand, Pandora, which has 70 million active listeners (5.6 million who are paying members) can be used at no-cost as long as listeners don’t mind listening to advertisements. Or, listeners can buy monthly subscriptions at $4.99 or $9.99 per month for services that eliminate advertisements and offer personalized stations and create playlists, plus other options.

SiriusXM isn’t new to Pandora; it provided $480 million of funding to Pandora last year. Pandora faces stiff competition from other music services such as Apple Music, Amazon, Tidal, and Spotify.

The war to gain new listeners is heating up!

Group Activities and Discussion Questions:

  1. Poll students:How much music do they listen to each day? Where is their music coming from? How much do they pay each month?
  2. View SiriusXM: https://www.siriusxm.com/
  3. View Pandora: https://www.pandora.com/
  4. Discuss the four primary marketing strategies: market penetration, market development, product development, and diversification.
  5. Which strategy is SiriusXM using? Why?
  6. Divide students into teams. Have each team research the different prices and packages offered by each music streaming company.
  7. Compare price structures. Which offers listeners the better deal?

Source:  Wall Street Journal, New York Times, other sources

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