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Coke Market Driven Marketing

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Coke Market Driven Marketing
“Principles of Marketing Driven Marketing”

* Choose a company which illustrate the Principles of “Market Driven Marketing” and how it succeeded by applying those rules or failed by not doing so. Date : 12th May 2011
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Introduction …………………………….. 3
Principles of Market Driven
Marketing …………………………….. 4
Brand Equity ……………………………... 5
Target Market ……………………………... 7
Market Share ……………………………... 8
Sale, Profit & Profit Margin ……………………………… 10
Double Jeopardy ……………………………… 12
Penetration ……………………………… 13
Purchase Frequency ……………………………… 14
Purchase Duplication ……………………………… 15
Light & Heavy Buyers ……………………………… 16
Mass Marketing ……………………………… 17
Smart Targeting ……………………………… 18
SWOT Analysis ……………………………… 19
Conclusion ……………………………… 22
References ……………………………… 23

1. Introduction
Market driven organizations are those organizations who uses supreme marketing, who understand the likes and dislikes of a customer and adapt accordingly where as they bond the channels which are used for the marketing and selling of the goods. The process, which engraves their super capabilities, is well understood and effectively controlled to deliver superior customer satisfaction. Generally there are two processes in an organization, internal change and external change, market driven organization push this change in the organization towards the outer understanding or the outer change of the environment (Doyle, 1992). An easy example can be taken if the employee satisfaction and the management of human resource are understood by the belief of the customer satisfaction where as the rewards are based on measurable improvements in customer satisfaction, and that employees are to resolve customer issues without any approval are the organizations which are market



References: * Ansoff, I. (1957), Strategies for diversification. Harvard Business Review. * Bass, F * Coca Cola (2002), Annual Report. * Coca Cola (2010), Annual Report. * Day, G. (2009). The capabilities of Market-Driven Organizations. American Marketing association. * Deshpande, R. (1993). Corporate culture, customer orientation and Innovation. * Donthu, N. and Hershberger, E. (2001) 'Double jeopardy in internet site choice ', Quarterly Journal of Electronic Commerce, Vol. 2, No. 3, pp. 199–204. * Doyle P. (1992). Towards a general theory of competitive rationality. Journal of Marketing. * Ehrenberg, A., Goodhardt, G. J. and Barwise, P. T. (1990) 'Double jeopardy revisited ', Journal of Marketing, Vol. 54, No. 3, pp. 82–91 * Grant * Mintel Report, (2002). Beverages Industry. * Kaplan, B and Laura M. (1991). Core process redesign. The McKinsey Quarterly. * Kotler, P (1977). From Sales obsession to Marketing effectiveness. Harvard Business Review. * Kotler, P. (1991). Marketing, Management, Analysis, Planning, Implementation and control. Prentice Hall Inc. * Kucuk, U. (2007), Negative Double Jeopardy: the role of anti-brand sites on internet. Journal of Brand Management. No. 15, pp. 209-222. * Levitt, T. (1983). The globalization of Markets. Harvard Business Review. Vol. 61, pp 92-102. * Pomoni, C. (2010). Why coca-cola is such a successful brand. [Online] available at http://business.wikinut.com/Why-Coca-Cola-is-such-a-successful-brand/1do-m9n7/ [Accessed 24-04-2011]. * Porter, M. (1985) Competitive Advantage; creating and sustaining superior performance. New York free Press. * Slater, S. (1992). Market Orientation Performance and moderating influence of competitive environment. Working Paper, Marketing Science Institute. * Vrontis, D. and Sharp, I (2003). The strategic position of Coca Cola in their Global marketing Operations. The Marketing Review. No. 3, pp 289-309. * "PepsiCo Inc. Gain in Soda Market as Coca-cola 's Share and sales slip., Wall street journal, New York, Mar 1, 2010 * "How Coke pushed rivals off the shelf., New York Times, Aug6,2010 * Bloomberg News. (2010). Coca Cola may boost China investment. Available: http://www.bloomberg.com/news/2010-10-30/coca-cola-may-increase-china-investment-as-it-spends-faster-than-expected.html. [Last accessed 27th April 2011]. * Beverage Digest. (2009). The Top Selling Soft Drinks Companies Worldwide. Available: http://www.adbrands.net/sectors/sector_softdrinks.htm. Last accessed [28th April 2011] * British Soft Drink Association * Sri Lanka-Drinks. (2010). Coca Cola Regain Lead in Market Share Battle. Available: http://store.businessmonitor.com/article/331209. [Last accessed 1st May 2011]. * Sicher, A. (2011). Special Issue: Top-10 CSD Results for 2010. Available: http://www.beverage-digest.com/pdf/top-10_2011.pdf. [Last accessed 3rd May 2011]. * Britvic. (2010). 365 Days A Year in Soft Drinks. Available: http://softdrinksreport2010.britvic.com/downloads/Britvic_SDR_2010.pdf. [Last accessed 3rd May 2011]. * Day, D. (2011). Slicing Advertising Spending Myth. Available: http://www.brandingstrategyinsider.com/. [Last accessed 5th May 2011].

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