Gatorade Innovation: Smartwatch, Hydration, and Market Strategy Report

Verified

Added on  2023/01/06

|3
|557
|83
Report
AI Summary
This report provides an analysis of Gatorade's innovative approach to hydration, focusing on the integration of a smartwatch to monitor and encourage proper fluid intake. The assignment discusses the development of this technology, highlighting its convenience for individuals with busy schedules. It emphasizes the importance of understanding consumer behavior and preferences, particularly the need for accessible and timely health information. The report also examines how the smartwatch and bottle system would function, including features such as alerts and data tracking. Furthermore, the report explores the market potential of this innovation and suggests strategies for the company to thrive in the healthcare sector, including the importance of brand visibility and consumer awareness. The Gatorade Company focuses on providing services to all individuals working and also has a hectic schedule to render them less wellness-conscious and healthy. The report concludes by emphasizing the significance of this innovation for Gatorade's brand image and potential profitability.
Document Page
Concepts and Innovation
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Summary of Innovative concepts of Gatorade
Innovation is essentially in any business since it has the potential to significantly develop
the industry. Innovation involves bringing to the citizens a special idea with the goods that now
exists. It usually provides the consumer and also corporate market acquisition with an enhanced
item. The Gatorade Company is known as an American manufacturer that produces and produces
sporting-themed beverages and food items around its energy drinks. To provide a product that is
produced to be acceptable in sides, customers and the Gatorade after several kinds of testing. The
product is substantially new and has been created to give the company popularity. To managing
innovations in the business require to focus on different aspects such as, skills, trends, lifestyle &
allergy and many others. The behavior and scheduling of consumers must be taken into account
when making every product business, as the latest invention is for those individuals who have a
hectic schedule and often fail to stay hydrated.
Currently focus on the innovation of the Gatorade's smart watches with some expansion.
Such as previous consumers get updates by attaching their bottles to the appropriate app, and
they may also attach it to their smart-watches because certain customers want a tighter timetable
and have not much opportunity to verify their mobile but they're far away their drink. For all of
this, the smart-watches generate warnings about their level of hydration. Given it, in order to
transfer warning to their consumers, the bottle still gets wink, and now clients gets warning by
attaching it to the smart-watches and it receives warning by higher than the reference. In the
development procedure that company focus on those people who have no more time in terms of
making hydrate and aware for their health activities. In addition, by examining the degree of
sweating and hydration of the human body that is beneficial with each and every entity, the
bottle contributes to blinking light. In addition to this, it helps preserve the immune system's PH
level and also obviously makes their fitness up and good. To take an estimation of the
expenditure that its customers are prepared to pay for new items, the Gatorade Business needs to
perform proper analysis. Including these core companies, the needs of their clients must be taken
into account when designing the smartwatch. Given this, the Gatorade Corporation has to
understand the consumer's impression by evaluating the study on the quality that the organisation
provides to its busy consumers. Gatorade Company only provides its services to all individuals
Document Page
working and also has a hectic schedule to render them less wellness-conscious and healthy.
Gatorade with smart-watch is seen as a wonderful opportunity for the company to succeed its
appropriate profitability and also allows thriving inside the healthcare sector as it needs to have
appropriate visibility across geographic borders for this sector. Through Gatorade Company’s
point of view, their brand is more important and deserving for individuals who have a packed
lifestyle and do not have that much time to identify their every item they do.
chevron_up_icon
1 out of 3
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]