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Coca-cola: international business strategy for globalization
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Introduction Coca Cola has fast become the world leader in the soft drink industry. But this didn’t happen overnight, the main driver behind their success is their clever marketing plans (Horowitz, 2011). Using current, local events to push their product to worldwide consumers. Coca Cola has used targeted campaigns directed at specific regions to maximise the effectiveness of their campaigns. For Example the ‘share a coke and smile’ campaign was run worldwide but was personalised from country to country. And here in South Africa the #SHAREACOKEZA campaign was a huge success. This campaign ran over several platforms: TV, Facebook, Instagram, twitter and YouTube. The main contributing factor to the success was the personalisation of the cans …show more content…
Messaging The messaging is the personality of the brand (Fennell, 2015), this is mainly important to companies starting up their marketing section as it creates the voice of the brand in all public communications. Creativity Being creative is important to stand out from other marketing elements from other brands. Coca Cola has always been able to do this through their theatrical commercials and brightly coloured online ad frames Channel selection This is the selection of the medium where the communications will be placed, often one is not enough, so it’s important to maximize communications through as many mediums possible (Fennell, 2015). Coca Cola has achieved this by essentially using all possible channels in order to communicate the brand i.e. YouTube, TV, Facebook etc. Measurement Selecting the means at which the project success is measured. In this case that would be the increase of customer activity regarding the brand on social media and an increase in sales. Bibliography Alton, L., 2015. the Huffington Post. [Online] Available at: http://www.huffingtonpost.com/larry-alton/the-7-critical-roles-of-your-marketing-team_b_6709336.html [Accessed 15 4 2017]. Fennell, J., 2015. Impressions DP. [Online] Available at: http://www.impressionsdp.com/effective-marketing-communications/ [Accessed 17 4
Pepsi was first represented in the beginning of 1890 with the purpose to relieve indigestion. Not until 1960’s, Pepsi received successes that competed against Coca-cola. Pepsi has always been a drink for the young generation, but now they want to change the association.
The Coca-Cola Company is one of the world’s leading drink organizations. Its red and white
Beverage giant Coca-Cola wants to get a little love for its iconic cola drink from the upscale consumer set, so its decided to create and test-market a sleek set of contoured aluminum bottles for its flagship Coke brand. Yes, we said aluminum bottles.
Catchy jingles are what persuades consumers to buy more and more products that they hear about every day. This concept has been around for years and the Coca-Cola Company is no stranger to it. Back in July of 1971, Coca-Cola released the commercial, “I’d like to Buy the World a Coke” that sent their customers into chaos with over 100,000 letters being sent to the company asking for more. This leaves many people asking: how did this one commercial have such an impact on the audience? And what did Coca-Cola use that drew so many people in? Here we will discover the method behind what is “I’d like to buy the World a Coke.”
Analysis of the Coca-Cola Company The Coca-Cola Company is the world's leading manufacturer, marketer and distributor of soft-drink concentrates and syrups. The Coca-Cola Company is the world's leading manufacturer, marketer and distributor of soft-drink concentrates and syrups. The Company markets many of the world's top soft drink brands, including Coca-Cola, Diet Coke, Sprite and Fanta. Through the world's largest and most pervasive distribution system, consumers in nearly 200 countries enjoy the Company's products at a rate of more than one billion serving a day.
to fight in the center of the arena, but have a sudden change of mind
you can have a turn on the fortune wheel to win prizes such as Pepsi
"Over a century of sweet tasting beverages with family and friends." The positioning statement of Coca-Cola needs to project the image in the minds of their existing consumers, as well as potential new consumers, the history of Coca-Cola being a competing global brand in the beverage industry and the association of the brand with fun themes such as social events, parties, family activities, etc. According to Kotler and Keller (2016), positioning "is the act of designing a company 's offering and image to occupy a distinctive place in the minds of the target market." There are factors that must be taken into account to produce an effective positioning statement that will attract the attention of the targeted market segment:
Coca-Cola was founded 125 years ago and has dominated the non-alcoholic beverage industry for a significant amount of time. It currently leads the industry in market share at around 40% and 1.9 billion servings are consumed each day around the world (Business Insider). The company is mainly known for their carbonated soft drinks, but they own around 500 brands of soft drinks, juices, bottled waters, sports drinks, and other types of drinks. Coca-Cola has a total of 17 brands that have individual revenues of over $1 billion including: Coca-Cola, Diet Coke, Powerade, Dasani, Fanta, and Minute Maid (Market Realist). Coca-Cola is served in over 200 countries across the world and can be enjoyed by all types of people; however, they are targeting
In addition, discussed Coke’s strengths, weaknesses, opportunities, threats, and potential ethical issues. While there are a number of challenges that Coca-Cola could face with using social media, they have actually used social media to their advantage. They also understand the ethical responsibility one must have if a company uses social media to advertise its products. Coca- Cola’s social media presence and engagement with the consumer grows daily. As long as Coca-Cola is committed to evolving with the consumer’s ever changing attitudes towards beverage’s it will insure that it will probably remain a top-tier beverage provider for years to
As the world 's largest manufacturer and distributor of non-alcoholic beverages, Coca-Cola is certainly no stranger to global marketing. Established in the US, Coca-Cola initiated its global expansion in 1919 and now markets to more than 200 countries worldwide. It is one of the most recognizable brands on the planet and also owns a large portfolio of other soft drink brands including Schweppes, Oasis, 5 alive, Kea Oar, Fanta, Lilt, Dr Pepper, Sprite and PowerAde. Despite this, Coca-Cola often struggles to maintain its market share over its main rival PepsiCo in some overseas markets, particularly Asian countries.
PepsiCo understands that traditional forms of marketing like TV, Magazine, and radio are becoming outdated and the Internet is now becoming the main medium for marketing. With this PepsiCo decided to launch it’s first e...
As an outside consultant, a brief analysis of the Coca Cola business will outline motivation for the employee and the organization. Additionally, information will offer basic training knowledge through three distinct areas. These areas are employee growth, legal requirements and, diversity. Within these three areas, each of the programs can meet personal and professional employee needs, while demonstrating what the company gains by offering training.
"Coke" is the second most recognized word throughout the whole world right after the word “Ok”. Take a moment and realize what this means. Almost everyone in the whole world knows what a Coke is and relate it to the Coca-Cola Company. The Coca-cola Company was founded in 1886. This is the same year the Coca-Cola soda was invented. I've seen people drinking this soda all my life and throughout my own life I have taken up this action as well. Coca-Cola has become very popular over the decades and has even stayed very well known the whole time. Why is that? Maybe it is because of their advertisements. This Coca-Cola advertisement expresses happiness with a Coke to persuade and even manipulate its audience with natural and pure imagery, includes
in Management and worked as a Senior Lecturer in Central Queensland University • School of Business and Law. Rockhampton, Australia and an Associate Professor at University of Mauritius • Faculty of Law and Management. Moka, Mauritius, about analyzing the impact of advertising in the soft drink market of Mauritius. In this article, she explains how advertising message has a great influence on the decision-making process of consumers, especially with a high-equity brand such as Coca-Cola because they can easily interpret the brand benefits of the product, feel more confident of branded products, and obtain more satisfaction from its usage. The objective of this work is determined by evaluating the extent towards which consumers are influenced by Coca-Cola advertising in Mauritius, assessing the effectiveness of Coca-Cola ads, and evaluate consumers' perceptions of Coca-Cola ads in Mauritius. Moreover, the methodology of this search depends on a descriptive study using primary data collected which resulted in consumption of 97% of Coca-Cola, which indicates the leadership of the brand in the local soft beverage market in