Monday, November 20, 2017

Ch. 11 - Developing and Managing Products

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.

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


Coca-Cola have been around for many years. Over time, consumer’s needs and attitudes has changed and Coca-Cola had no choice but to change with it. Coca-Colas market is split in two, the consumers and the retailers. The retailers being big stores such as Walmart and target, all the way to small consumers like your local mom and pop store. Coca-Cola has established a large and diverse spectators from all around the world.             

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.