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Coors Light

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Executive Summary - Coors’ prominence in the beer industry has always been overshadowed by its bigger competitors like Budweiser, Miller and Molson, but new insights unearthed by this report may pave new roads for a more exciting future. The first part of our analysis describes the typical Coors drinker as an aged 25 to 44 male light beer drinker consuming almost seven bottles a week. He also works in a managerial or professional occupation earning over $30,000 annually. Coors’ three competitors also exhibit a similar consumer base with the exception of Molson being predominantly regular beer consumers. These conclusions are tested to be statistically significant. The second part of our report tests for associations. In the end …show more content…

Inversely, this describes the positive skewness in tracking the frequency of Coors consumption (Exhibit 2), as mean number of drinks consumed is 6.82 while the median is 6 and hence identifies the effects of outliers due to a few consumers with extremely high consumption. Furthermore, data also provides us with consumer information on major competitors as indicated to be Budweiser, Miller and Molson (Exhibit 5) which is consistent with the findings on brand loyalty showing those three brands to dominate the industry in the beer market (Exhibit 1). Therefore, three substitute brands may have a potential overlap with the market audience of Coors. This can be demonstrated in observing substitution effects of major competitor Budweiser as their users prefer Miller, Michelob and Coors when the Budweiser product is unavailable (Exhibit 6). Additionally, Coors’ second leading competitor Miller substitution rates show users willing to shift to Budweiser, Coors, and Michelob when the Miller brand is not offered (Exhibit 7). Finally, another major Molson substitution data depicts users moving to Samuel Adams, Heineken, Coors and Budweiser when Molson is unattainable (Exhibit 8). In general, it is observed that Coors and its competitors have an overwhelming substitution effect where beer consumers switch interchangeably between several brands, suggesting brands may have similar consumers associations. As compared to the Coors loyalty customers, Miller, Budweiser and Molson

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