Refer to Appendix 2, Marketing by the Numbers, and calculate Nestlé's Pure Life and the company's overall

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Refer to Appendix 2, Marketing by the Numbers, and calculate Nestlé's Pure Life and the company's overall market share in the bottled water industry.
Bottled water is a hot industry with sales of $11.8 billion in the United States. Big players in this industry include Nestlé, PepsiCo, and Coca-Cola. Nestlé is the market leader with four brands among the top 10 leading brands. Nestlé's Pure Life brand was the top-selling brand with sales of $1.18 billion, but the company's other brands make up an additional $1.6 billion, giving the company total overall sales of almost $3 billion. Nestlé saw an opportunity in this market and launched a new brand called Resource, targeted to affluent women. Resource is fortified with electrolytes and is promoted as "more than hydration, it's total electrolytenment." Nestlé is attempting to take market share away from Glacéau's Vitamin-water and Smart-water. If Resource attains just 3 percent market share, it will be among the top 10 selling brands.
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Principles of Marketing

ISBN: 978-0134492513

17th edition

Authors: Philip Kotler, Gary Armstrong

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