Fiji Water
Executive Summary:
There are multiple recent strategic issues that the bottled water company Fiji Water is facing. The economic recession has led to a change in consumer purchasing trends, and the bottled water category is not as stable financially as it used to be. Environmental issues, such as waste and pollution, are also affected Fiji Water and its competitors. Bottled Water companies are attempting to shift packaging and shipping to more ecologically friendly materials and modes, as consumers favor environmentally sustainable products. Additionally, as consumers focus on obtaining healthier lifestyles and diets, they have begun to question the safety and purity of the water that bottled water companies are producing. Fiji Water has been affected greatly by all of these issues, as well as negative press about the socio-economic conditions of their souring location, and in 2008 was forced to layoff 40% of their staffing resources. With limited resources, an action plan going forward must be cost efficient and extremely effective.
English: Images of bottled water
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English: I Myke waddy took this photo. Canada. Myk...By analyzing and critiquing four potential strategic options, a rational next step for Fiji Water can be discovered. By supporting this plan with marketing tactics and communication, it can attempt to stimulate growth for the company.
Current Overview:
History: Fiji Water is bottled water artesian water that was founded in 1993 in Colorado and first produced and sold to the world in 1996. It is sourced from the Artesian region of the Fiji Island, packaged, shipped and sold to distributers across the world in various sizes. In 1997 it was introduced to the US in the California and Florida markets (answers.com). Today, its headquarters are located in Los Angeles, its President is John Edward Cochran, and it is a wholly owned subsidiary of Roll International Corporation (RIC). Roll International Corporation is a private, $2b corporation with...