Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Erp implementation
Coca-Cola Is Everything: SCM, CRM, ERP, Social Media, You Name It
Coca-Cola is one of the most recognizable brands in the world. Coca-Cola and its organization are striving to become more efficient through supply chain activities (Haag & Cummings, 2012). With a company as large as Coca-Cola, it is vital that across the organization to include the bottlers, streamline all processes and their software have the ability to talk with one another. Systems working together within the Coca-Cola empire equates to saving money (Haag & Cummings, 2012). Not only is getting all software standardized across the corporation, but Coca-Cola has expanded into the social media sector with over 32 million likes on its Facebook page. Coca-Cola uses its mycokerewards.com
…show more content…
My Coke Rewards could see if you are more likely to buy more Coca-Cola products in the summer or fall for example. My Coke Rewards could gather what age demographic you are coming from, what gender, what region of the world you are purchasing products in. My Coke Rewards could use this information for customer relationship management activities because they can see what other products you are likely to purchase (Haag & Cummings, 2015). My Coke Rewards can track what type of Coca-Cola product you are purchasing, for example, are you purchasing soda or other healthier options such as tea. When you log on to the My Coke Rewards site, they can track what you have redeemed your points for and then see what other options they can offer you in order to get you to purchase more Coca-Cola …show more content…
The Pepsi Facebook is far more eye-catching than the Coca-Cola page and the Pepsi page allows the ability to link up with their app. Pepsi has far more videos posted to their wall with famous actors/athletes as their spokes people. Both Pepsi and Coca-Cola have significant activity from consumers writing and posting on their wall and creating that networking atmosphere between fellow consumers. I think the Coca-Cola page has more likes than the Pepsi Company because of the history. More people identify with how long Coca-Cola has been around and the nostalgic factor that the company
Also, the rewards program is based off a point system and when one has earned a certain amount of points they send them a gift card to spend however they wish. Though, what the consumers don’t know is that by applying for their free rewards program, they are collecting data and constructing analysis to make them into loyal consumers.
This case describes how Heineken USA's in order to gain market share, it needed to achieve a better responsive to the market demand utilizing an internet-based system called HOPS (Heineken Operational Planning System) to allow the parent company to produce the beer closer to the time when they need to deliver it, so the customer receives a fresher product. The implantation of this new system enables Heineken USA to achieve 50% reduction in the lead-time from order to delivery and 10% increase in sales, part of the major success was the good use of IS, which can dramatically improve customer relationships and cut costs.
Introduction The Coca-Cola Company was founded in 1892. Since its inception, the organization has seen a steady increase in its market share over the years, and to this day has operations in over 200 countries worldwide. To achieve such success in its competitive market, Coca-Cola has employed sound strategies that have helped it become among the leaders in its industry. The Coca-Cola Company utilizes Market Based Management (MBM) techniques as well as Value Driven Management (VDM) techniques within the organization and in its market to help the firm sustain its stronghold in the market. Market Based Management is premised upon a free market system, as described by Jones and George (2014).
New York: McGraw-Hill, 1998. SRI Consulting Business Intelligence (2007). Bringing the future into focus. Retrieved October 21, 2007, from http://www.sric-bi.com/. The Coca-Cola Company (2007). Retrieved October 19, 2007 from http://www.cdc.org http://www.thecoca-colacompany.com/ Search Archives for YORK DAIG.
Coca-Cola could use its social media network to introduce its products. This could be beneficial to the company, increase awareness of other products and increase revenue. Threats – The ever changing health-consciousness attitudes of the market could have a serious impact on Coca-Cola. This is a dominant threat because people are constantly trying to change their eating and drinking habits. Social media could exploit the unhealthy side of Coca-Cola’s products and could potentially threaten the status and success of sales (Tanner, 2013).
Customer relationship management systems are part of enterprise applications. These systems are used to help manage relationships with customers, Information is provided to coordinate all of the business processes that deal with customers in sales, marketing, and service to optimize revenue, customer satisfaction, and customer retention (Laudon & Laudon, 2012).In today’s world, customer management relationship systems have given companies a large list of ways to interact with customers. Even though those ways are applied occasionally, companies still find even newer ways to provide customers an enjoyable experience for their products and services. Today, the customer relationship management industry is mainly focused on components, such as crowdsourcing, customers using mobile apps of companies and interaction from the social media teams of companies. Needless to say, Starbucks, coffeehouse chain, have pioneered in this system. Starbucks started out as a café in Seattle, Washington in USA at1971. One day, in 1981, a man named Howard Schultz entered in the café for the first time and fell into homelike environment of the café. He adored the place so much that, in 1987, he and a group investors acquired the café. From there on out, as of June 28, 2015, they have built more than 24000 stores in 70 countries
The Coca Cola Company has been among the world’s top companies that have been able to perform well in all the areas of the world. The company follows the latest strategic research and evaluation methods to formulate such strategic policies that helps in not only meeting the customer expectations and desires but also achieving various organizational goals and objectives.
Experian’s digital and social campaign was a major success and exceeded all its intended goals. Some of the reasons it was so successful is because it involved consumers in the Band Search and made them feel like a vital part of the process. As a result of this the consumers became very invested in the band search idea and therefore drove more traffic to their website, “freecreditscore.com”. Once consumers were here they could vote for their favorite band and also could learn more about the company. Another positive result is the amount of exposure Experian got on different media platforms, their ads were played on MTV and NPR along with many other TV and Radio stations. This increase in exposure helped to not only fuel excitement for the band search but also got their message across to a larger target audience. Another brand that successfully utilized the idea of consumer interaction through social media to boost their sales was Coca Cola. Around 2011 Coke launched their Share a Coke campaign which involved customers by putting their names on Coke can and bottles. Coca Cola utilized their social media platforms to have the consumers interact and send in pictures with their Coke. This campaign was also a big success for Coke and increased their United States sales.
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...
Their advertising techniques set them apart as Coca-Cola still seems to market themselves as a “classic” company, and Pepsi seems to be more interested in modern methods market themselves. I am not discrediting anything that is classic, but as the world continues to grow and innovate we must move with it, if we continue to live in the past we will be left behind. Coca-Cola’s included image of Marilyn Monroe, a “classic” icon, and Pepsi’s included image of Beyoncé Knowles, a “modern” icon proves this point, which is why would Pepsi’s advertisement is more effective at attracting
Today’s leader must learn to manage and use social networks as a communication tool with customers and suppliers, and convey the importance of these new technologies to their partners, and to promote innovation processes within the company, which in times of globalization is essential, due to the large number of companies that are on the market. This requires organizations to always be at the forefront, offering the latest in products and services.
Pepsi and Coca-Cola are both sodas, but they differ in terms of the satisfying flavors, the color and the graphic design that represents their two products, and then how Coke makes more money than Pepsi. With that said, you should have gotten the ideology of what we will go further in discussing about. Everybody loves these two very well-known sodas which can inject caffeine into you, which makes you all jittery in filling you up with an energetic energy. Alright, enough of this, let's go straight in-depth in talking about the two rivals throughout this paper of how Pepsi beats Coke in sales, but Coke is usually ahead when it comes to annual net income (Feigin) or how Pepsi is a sweeter brand compared to Coke, though Coke brand is more valuable
Among the billions of social media users, there is a percentage dedicated to businesses who use social media as part of their marketing strategy. The sheer number of people who use services like Facebook and Instagram on a daily
PepsiCo also realeased a brief on the custom supply chain planning solution.PepsiCo went to PCA ( Pratical Computer Applications) asking for improvements on how they managed their supply-chain planning and forecasting operations. PepsiCo's Supply Chain Planning System provided a secure web-based connectivity. The new software was significantly less and and went along with PepsiCo's practices and perfomance metrics.
Coca-Cola is stress in their customer relationship as an organization. For example, Coca-Cola will corporate closely with their largest customers in order to build up versatile relationship. Moreover, operational linkages and information sharing system is important for keeping the product and service that offered is suit with the customer’s needs and wants. Coca-Cola has refined their collaborative customer relationship process in three main markets which are Mexico, Japan and Switzerland. They work with their customers in order to provide the better-quality beverage selection to every consumer. For instance, Oxxo which is a convenience store chain that has 5700 stores in 30 states in Mexico has recognized the Coca-Cola Mexico’s Collaborative Customer Relationship program. This program helps Coca-Cola and their customers to understand the consumer preference. On the other hand, it enables Coca-Cola to transfer a transactional and commercial link to a collaborative and multifunctional business relationship.