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Coca cola brand strategy
Coca cola brand strategy
Coca cola brand strategy
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The BBDO creative brief approach is one that is short brief and to the point. This is the approach that will be taken to create a brief for the Coca-Cola Company specifically Coca-Cola. There are five steps in this creative brief approach: Get, To, By, Support, and Tone.
Get: Demographic/ Target Audience
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
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Each quadrant is located more on the thinking side or the feeling side. At first one would think that Coca-Cola would belong in the Quadrant 3 section. This section is Thinking/Low importance also known as the habit-information model. Consumers of this model make purchases without much thought. Looking at the recent ad campaign of Coca-Cola called One Brand with the new slogan “Taste the Feeling” it could be seen that Coca-Cola is trying to move themselves into quadrant 4. Quadrant 4 is feeling/low importance which is also known as the self-satisfaction model. In this quadrant the consumer are reactors and the products try to please individual taste. Coca-Cola’s one brand advertising campaign is trying to take something is usually bought without much thought and turn their product into something that makes the consumer feel special or connected while drinking it. An example of this would be someone drinking a certain type of beer because it makes them feel that way. With Coca-Cola’s one brand they are trying to include all of their various types of Coke to make a consumer feel just as special drinking it just like the beer
There’s nothing like that feeling of being uninspired. I’m sure we all have been there before, whether it’s in the studio or the classroom. In the Sprite commercial featuring well-known rapper Drake, the Sprite Company connects with Drake fans by using an emotional connection implying that: if you drink Sprite like Drake, you will be like Drake. This ad has many fallacies a few being: bandwagon, faulty analogy, and testimonial. The Sprite ad is “stacking the deck” in their favor allowing Drake fans to be blinded by the misconceptions of drinking Sprite.
Coca-cola wants to create frustration and anxiety in their ad, which might catches more attention, but it’s not an agreeable strategy. The companies didn’t either share the same audience target. Pepsi targeted adults and Cola targeted women, but the main-idea was to obstruct the rival.
The Coca-Cola Company is one of the world’s leading drink organizations. Its red and white
American Soft Drink and the Company That Makes It. 3rd ed. New York: Basic, 2013.
The millennial generation is known as the generation that has grown up with an overly optimistic view of world. When they eventually make their way out into the world they are often hit hard by the brutal fact that the world they grew up in does not revolve around them. The millennial generation is seen as less religious, less inclined to making critical independent thoughts, and not as involved in civic engagements as previous generations. Throughout the Pepsi advertisement, many of these views are contradicted and fought. The commercial starts in a city and focuses on individuals one of which is Kendall Jenner. Each individual is drinking Pepsi and working in the area of the city where a peace protest is happening. Eventually, each breaks
A brand is a name, term, sign, symbol, or design which is intended to identify the goods or services of one seller or group of sellers and to differentiate them from those of competitors. Products and services have become so alike that they fail to distinguish themselves by their quality, efficacy, reliability assurance and care.
The advertisement can be for anyone that has a favorite beverage. The advertisement was found in People Magazine. The demographics for People Magazine found on the magazine’s website, are seventy percent middle aged women around thirty-eight years old as well as viewed by eighty percent of college students, and reaches more women than any other magazine, with over twelve million users each month. The advertisement was found in the magazine because readers are viewing the magazine to read articles, for gossip, or celebrities, the magazine has been centered on popularity and entertainment. The Diet Coke advertisement was put in People Magazine because, for being a popular beverage Coca-Cola wants to reach viewers for
Numerous definitions of strategy exist, in most circumstances strategy can loosely be explained as an overall plan of deployment of resources to ascertain a favourable position within a market (Zablah, Bellenger and Johnston 2004; Grant 1994, p 14). Further, imbedded in many successful organisations are strategies, the importance of which is to remain relevant in the market, and successful in the various attributes of business; profiteering, employee motivation, maintaining sustainable core competencies, effectiveness in operation, or efficiency in the conduction of operations. Therefore challenges involved in the formulation and implementation of a strategy can revolve around the overall external market, as well as internal
By defining “real stakeholders” as those who have a legitimate claim and firm has responsibility towards them and the influence and power are reciprocal (Fassin 2009), the following groups are real stakeholders for whom Coca-Cola HBC is responsible in terms of both management and ethical issues.
"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:
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.
We can define competitive advantage as simply what a given company excels best at. This could be the distinguishing factor as to why consumers purchase from your company and not the competition. This could also be understood from the perspective of quality that a business can create for the consumer.
Creativity should be the framework and backbone to every effective and successful ad campaign. However, true creativity is the ability use creativity to generate value to not only appeal to audience but also the brand. (Terranova 2014) Creative advertising draws consumer’s attention and motivates them to purchase the products.
"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
CASE 1-3: Coke and Pepsi Learn To Compete in India The political environment in India proved critical in that their government was unfavorable to foreign investors. They prohibited the import of soft drinks since they felt it could be gotten anywhere. They also prohibited the foreign brand name and wanted the name Lehar Pepsi and Coca-Cola India, an indigenous name. These effects couldn’t have be anticipated prior to entering the market because the trade policies, rules and regulations of India were difficult and unpredictable.