Gatorade Advertisement Evaluation
Organization's Background:
In 1965 many University of Florida football players suffered from dehydration. Doctors at UF created a carbohydrate-electrolyte beverage that unlike water kept the players hydrated (www.gatorade.com). This formula was proven successful when the Gators began to play hard throughout games while their opponents struggled in the last quarters. Gatorade was a success and by fall 1967 Stokely-Van Camp had secured rights and began marketing Gatorade nationwide.
In 1983, the Quaker Oats Co. purchased Stokely-Van Camp and it launched Gatorade from a sleepy little brand into superstardom (Kays, 1). Since 1983, Gatorade has enjoyed an unprecedented 20 percent annual sales growth rate, from about $100 million in 1983 to more than $2.2 billion in 2001. Pepsico purchased Quaker Oats in 2001, a move beverage industry analysts predict will eventually lead to an even greater share of the already 80% of the sports beverage market for Gatorade (Kays,1). The New York......
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Approximate Word Count: 935
Approximate Pages: 4 (250 words per double-spaced page)
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