Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Influence of advertising on consumers
The success of coca cola advertisements
Coca cola brand strategy
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Influence of advertising on consumers
Introduction: Advertising is any paid form of non personal presentation and promotion of ideas ,goods and services by an identified sponsor .Advertising and promotion offer a news function to consumers. Viewers of ads learn about new products and services available to them, much like they learn about events in the news. This information function has a neutral role. It provides facts without approval or disapproval from consumers. Customer behavior at this stage encompasses expressions of curiosity. The main purpose of the assignment is to select an advertisement in you tube, find limitation of the advertisement and consumer behavior issues that are not currently being adequately addressed by the advertisement. . In our assignment we select …show more content…
It owns four of the world's five best-selling soft drinks. Its principal brand is of course Coca-Cola itself, the world's best-known and most valuable non-technology brand. But the company also sells more than 500 other beverage brands ranging from variants like Diet Coke and sister products such as Fanta and Sprite to a vast range of carbonated and non-carbonated juice-based drinks, bottled waters, iced teas and coffees. Increasingly Coca-Cola has found that its sheer size works against it. Competition authorities now watch the company's every move, effectively ruling out the acquisition of anything other than marginal products; and market saturation, economic downturns in both emerging and mature markets and health concerns caused sales growth to stall for more than a decade. Since 2006, though, the company's performance has begun to fizz once again, mainly through aggressive development of non-cola products, including bottled water (Adbrand.net, …show more content…
Coca Cola doesn’t target a specific segment but adapt its marketing strategy by developing new products.
Age: Generally, Coke does not have a specific target and is addressed to everyone. But the main consumers are 12-30 years old people; even if there is no specific product or communication for less than 12 or more than 30, the brand succeed in reaching them, through partnerships for example (restaurants, fast foods such as McDonald’s…), or thanks to its value among consumers. So, the core target audience of Coca Cola is youngster or youth. Their targeting is not based on gender but the results show that both genders like this product and use it (almost 50/50).
Finally, Coca Cola consider each customer as a target and a potential consumer. All age groups are being targeted but the most potential is the age group from 18-25 that covers around 40% of total age segments (Vendridi, 2012).
Life style: no life style targeted but more and more busy life style and mobile generation (youth) are considered to be the most important part of Coke’s consumers.
Occupation: no occupation targeted but consumers are mainly students and family oriented
The company has accomplished this mainly through the development of new formulas of Coca-Cola in order to satisfy the diverse needs of consumers. For example, introducing products such as Coca-Cola Diet, Coca-Cola Zero, and Coca-Cola Cherry has allowed the brand to appeal to new audiences. Coca-Cola Diet has helped the Coca-Cola Company reach out to a middle-aged audience that enjoy the taste of the original beverage, but have specific health concerns. In addition, Coca-Cola Zero was formulated as an option for many young adults and teens that do not desire to consume the amount of calories normally associated with Coca-Cola. The brand has also developed the popular flavor of Coca-Cola Cherry, which is targeted for people seeking a bit of extra flavor added to Coca-Cola. Although this company has developed formulas for beverages that are completely different from the original taste of Coca-Cola, these are among the most
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.
With the help of the study conducted, it has been interpreted that the demographic set-up plays a very important role in consumption of Coca-Cola beverages.
Coca-Cola is known for their advertisements, clever marketing, and for their many beverages. Coca-Cola uses a strategy of showcasing their product surrounded by exciting activities that will appeal to the audience. The two advertisements I have chosen to analyze are advertisements that Coca-Cola strives to display. One advertisement features a female in a bikini holding a chilled bottle of coke and expressing happiness through her beautiful smile to everyone. The other advertisement from Coca-Cola shows a man on his lawn mower with a Full-Throttle can in his hand. In both Coca-Cola advertisements they appeal to both men and women.
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.
Coca Cola is a brand that has existed for more than one hundred years. This company has used brand consistency as a marketing strategy tactic to create awareness about its product. The Coca Cola Company is known globally by its logo, colours and product. It is so popular that by seeing the red and white colours alone can indicate to an individual who the company is and what the product is. By continuously promoting the same message and brand over years of marketing, the Coca Cola Company has successfully created awareness of the product for both loyal and new customers. Regardless of the fact that the company has different types of beverages besides the commonly and popularly known Coke, this has remained as the most known product associated with the Coca Cola Company due to their brand consistency as a marketing tactic to create awareness of the product. By creating awareness about it encouraged and targeted more individuals to gravitate towards using
The segmentation of coco-cola can be described as demographic and psychographic because the main consumers of coco-cola are people in the age group of 30 and below. This can be seen by Coca-Colas advertising campaigns, which are targeted toward to the young. But also the lifestyle, as peoples' lifestyles changed they demanded different soft drinks. For example, consumers might want a drink containing sugar and caffeine in the morning, a diet soft drink for lunch and a caffeine-free drink at night. This market segmentation, created an opportunity for more 'Coca-Cola' brand drinks. Therefore we have got Sprite and Fanta. And another segment is usually the loyal coke drikers who have nothing but coke, no substitutes. They are addict to the taste. That makes them to keep purchasing coco-cola. To promote their products, Coca-Cola is also getting their product advertised more frequently. We can see the advertising of coco-cola from magazines, televisions, football fields and McDonalds etc.
After researching demographics of Coca-Cola it was found that Men are more likely to drink Coca-Cola. It was also found that people between the ages of 45-65+ are more likely to be drinking Coca-Cola. Other forms of demographic that were found on Coca-Cola are that People who are Caucasian, have no kids, or have no college experience are more likely to drink Coca-Cola. It is also seen in North America that people in the southern region
Coca Cola has been the most famous worldwide known drink that has ever been manifested in the current century. It has claimed to have changed the life of people on how we associate our entertainment and activities with this carbonated drink. Coca Cola attempted to try a different ingredient of sugar which would change the original formula and ultimately, it would change its taste. While most people sure didn’t realize how much value coke truly was to them, it only took a quick market change to have the population realize how significant it was to them.
Coca-Cola and PepsiCo are direct or close competitors in the soft drink industry, with 34.2% share of the liquid refreshment beverages (LRB) held by Coca-Cola and 25.8% of the LRB market held by PepsiCo (Bailey, 2014). Being close competitors the products can influence the market share of one another through successful campaigns, which is why paying close attention to marketing strategies is important. The diversification PepsiCo presents vary from Coca-Cola in the fact they have a strong presence in the snack food category which allows them to fare better through the current challenging times, when the demand for carbonated beverages are continually dwindling. PepsiCo remains a considerable foe in soft drinks and having purchased two bottler
Learning from experience Coca-Cola has had some fierce competition over the years but nothing in the form of an entire health market shift like now. As well as mounting political persecution of its products like they are facing today. They must rely on past experiences to get through but likely will need to start studying the new trends to stay relevant.
Coca - Cola : Claims, Values and Polices Coca-Cola is a well-known and cherished brand name. When people think of this name, memories tend to overflow in their heads. Why do you need to be a member? Because, not only does Coke taste great and refresh your own personal memories, it also fills you with memories of the Coca-Cola like "Always Coca-Cola", the antics of the Coke polar bears, and all of the different ads that have represented Coke over the years. Just about every ad you see, as a consumer, has tons of hidden meanings.
This proven track record for the company can be attributed to a number of factors, the first which is relatively crucial is the company's secret formula for Coca-Cola, which comparably tastes better than what competition has to offer in the market. The company's ability to come up with new products while at the same time reinventing the old products has offered them a competitive edge over their peers. The company boasts of having the world's most diverse and comprehensive distribution networks, this offers them accessibility to billions of people in areas that would prove rather difficult for their peers to distribute their products. The African continent has been cited as an excellent example, it is more often than not to see a distribution outlet for coke on a remote location on the continent
"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
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.