Coca-Cola is a global
recognized drink. The company has grown dramatically in the 125 years, they
have been in the industry. They went from having 1 brand to establishing over
400 brands worldwide. They went from starting in 1 city, to being available for
purchase in over 200 countries. Coca-Cola understands that in order to increase
revenues and profits, it is important to maintain old brands. Also, to create
and get behind many new brands.
Monday, November 20, 2017
Thursday, November 16, 2017
Ch. 8 - Segmenting and Targeting Markets
Coca Cola is the leading manufacturer and distributor of
soft beverages. Cocoa-cola targets all sexes , this isn’t a one gender product.
Coca cola targets Ages 15-25 years old and consumers over 40. They target
younger children with the kid’s addition packaging: Which is colorful and more
appealing to a younger audiences eyes. For the adults they stick to glass packaging
and custom bottles. Coca Cola is a recognized brand, people drink it without
indecision.
Thursday, November 9, 2017
Ch. 15 - Marketing Communications
Coca-Cola has many forms of marketing communication. Many
forms of media are used to promote Coca-Colas brand, in particular their drink.
Even in today’s time where the internet seems to supersede anything, newspapers
are still Coca-colas main source of communicating their brand with consumers worldwide.
Coca-colas commercials are still popular around the globe. They make each commercial
suitable for the region and country it is aired in. They believe in communicating
to each consumer differently.
Thursday, November 2, 2017
Ch.10 - Product Concepts
Brand loyalty for Coca-Cola is beyond sturdy. The only thing
that changes about coke once in a while, is their soda can design. For the Christmas
holiday you may see snowflakes on cans. They even make cans with polar bears on
them, to get the attention for the arctic home initiatives. Consumers can always
depend on the traditional taste they know. This makes their product loyalty
grown even more and makes consumers appreciate Coca-Cola.
Thursday, October 26, 2017
Ch. 17- Personal Selling and Sales Management
The first step in Coca-Colas selling process is when the
market developer determines, who their next prospective customers are. These
new customers vary from prior customers, new form of retail chains and even their
competitors. Once this is figured out, the Market developer comes up with ways
to approach these customers. Once all development ideas are approved, they move
into the presentation stage. Their sales team come up with ways to spread their
promotional message.
Thursday, October 19, 2017
Ch. 16 - Advertising, Public Relations and Sales Promotion
Coca-Cola launched a new advertising campaign called “Share
a Coke”. Coca-Cola picked the most common names in the UK and printed them onto
bottles. Over 1,000 names were available in stores and over 500,000 names were
available for purchase online through their e-store. They believe that
advertising names on bottles would give people a more personal relationship
with their brand. Coca-Cola knew that giving consumers a chance to make
personalized bottles would create special moments.
Friday, October 13, 2017
Ch. 14 - Retailing
Coca-Cola is available in most department stores. You can
buy Coca-Cola by the case in a local supermarket or, choose different sizes of
the beverage to eat with your food, at a fast food restaurant. You can order
Coca-Cola online from places like Amazon and Walmart. Coca-Cola is also
available here at BMCC in the vending machines. Coca-Colas goal is for
consumers to make them a factor no matter which way they choose to shop.
Thursday, October 5, 2017
Ch. 6 - Consumer Decision Making
When buying Coca-Cola consumers expect mainly one outcome,
their traditional taste. A taste that has been around for more than a century. Coca-Cola
is a company that’s is true to its tradition. Their goal is fulfill your thirst
and make it a remembering taste. The amount of success this company has, shows
consumers desire for their drink. From their popular slogans, to their color of
coke, red, they intend to be around forever.
Monday, October 2, 2017
Ch. 5 - Developing a Global Vision
Low prices and a shop all in one store is perfect for America.
Walmart is a great discount store. It’s affordable for low income families and
help them save money, unlike other regular super stores. Since most of America is
considered to be in poverty or have a low income, Walmart is a huge benefit to
these people. The rich can afford expensive shopping, the poor cant. Walmart
discount puts low income people at ease.
Friday, September 22, 2017
Ch. 4 - The Marketing Environment
Friday, September 15, 2017
Ch.18 - Social Media and Marketing
Coca-Cola
is a well-established brand. They have over 100 million fans, followers and
viewers across their multiple social media accounts. This company doesn’t really
use their social media to promote Coca-Cola itself. They focus more on promoting
campaigns they are running and are a part of. One of them being a campaign to
protect polar bears in the arctic. They plan to market many more campaigns to consumer’s
in the future through social media.
Friday, September 8, 2017
Ch. 2 - Strategic Planning for Competitive Advantage
Strengths
Coca-Cola is one of the most appraised companies worldwide. The
value of the brand is 73.1 billion dollars.
Weaknesses
One of the main
competitors for Coca-Cola is the rival between them and Pepsi.
Opportunities
More countries are looking
into healthier drink options. Coca-Cola needs to focus on creating a more
healthy drink for consumers.
Threat
Their major threat is their water. The speculations of pesticides
being used in their water weakened the company.
Friday, September 1, 2017
Ch. 1 - Overview of Marketing
Coca- cola formally known as coke is a soft drink that was created by the Cocoa-Cola Company. This soft drink was first introduced to the United States on May 8, 1886. Coca- cola is the world’s #1- selling sparkling beverage. Their key mission is to refresh the world in mind, body and spirit. Also, to encourage moments of optimism and happiness through their brand and actions the company takes.
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