Sting : Electrifying Energy, Ultimate Taste

Brand: Sting
Company: Pepsico India

Brand Analysis Count: #586

Sting is the Pepsico India's challenger brand in the Rs 200 Crore sports and energy drink market in India. According to Livemint, Indian sports and energy drink market are in a nascent stage with a consumption of 45.2 Million Liters in 2016. Redbull rules the market with a share of 64%.

The size of the Indian market and the growing interest of the consumers towards non-carbonated and less sugary drinks has made this a very attractive market for these products. Moreover, the government has come out with norms for energy drink market which makes a clear regulatory framework for the players. 

Sting is launched with the positioning of product performance. The tagline of the brand is " Electrifying Energy, Ultimate Taste". The launch ad is effective in communicating the positioning but cannot be claimed as anything creative because it reminds of the Center Shock ads of the past. The ad is targeting the health conscious young Indian consumers. 

The brand is priced almost 50% less than the market leader Redbull. I have not seen this brand in my city. I guess, the national rollout has not happened yet for the brand. 

Indian sports and energy drink market is still a niche market. Although there is a shift towards healthy drinks, consumers ( in my opinion) is little confused about the product usage. In marketing terms, the category lacks salience. The brands in the category need to educate the consumers about the product usage and usage situations in order to expand the category. Although we can argue that the product descriptor ( energy drink) is there in the product label, that will only help in category identification. If the category needs to expand, it should make more usage situations for the product. Currently, the category is popular among sports enthusiasts which restrict the growth of the market in terms of market size. 

The low price of Sting may induce more product usage for the brand and thus offer a challenge to the market leader. However, Sting needs more than the quirky launch campaign to challenge Redbull.