Page 24 - Drambuie case study
P. 24
Diageo had spent more money advertising Bailey's in the
past year than Drambuie had made.
Parnell set out his stall with a three year plan but he was
quick to point out that gauging the plan’s progress would
not be easy as until this point Drambuie had never had a
three year plan. However, he commented that;
"This company is not going to do
anything else until we have fixed the
mother brand. If you have a healthy
brand then launching range
extensions is probably a smart thing
to do. If your core brand is in
trouble then don't waste all your
money trying to compete with
Bailey's, the number one priority of
Diageo.” Parnell