Marketing Strategy Analysis of Coca Cola
TASK:
As a marketing consultant, working for Coca-Cola, you are required to provide them with a report based on your analysis of the situation highlighted in the attached report form the Guardian newspaper and your own research.
Your report should cover the following areas;
A marketing audit of their business
One new marketing objective for Coco-Cola. You should indicate the actions the company would have to undertake for the next twelve months to achieve this objective
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INTRODUCTION
This report serves as a comprehensive marketing audit of Coca-Cola. This audit examines the internal and external operating environment, the varied strengths, weaknesses, and other market forces driving change at Coca-Cola. To effectively conduct this analysis several tools and techniques were used to thoroughly examine the environment. They include:
P.E.S.T and SPICC Analysis, which was used to examine the external environment.
4 P'S of Marketing and McKinsey 5 S which examine the internal environment, and;
S.W.O.T Analysis
Additionally consideration of the market size, structure and current trends were analysed to make informed recommendations.
AUDIT OBJECTIVES
The objective of this marketing audit is;
To review the current marketing environment of Coca-Cola and prepare recommendations to improve Coca-Cola's market share and competitive advantage.
Utilise the results of the audit to create at least one new marketing objective for Coca-Cola.
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P.E.S.T. ANALYSIS
Having examined the political, economic, social and technological trends, useful information was generated for a strategy formulation, at Coca-Cola. The following represents a summary of the findings: _(REFER TO APPENDIX 1 FOR DEFINITION OF PEST ANALYSIS)._
POLITICAL
Manufacturers of soft drinks are increasingly guarded by legislation affecting health and safety. It is now mandatory that ingredients must be clearly labelled and an increasing amount of additives are not allowed. Coco- Cola must adapt to meet
As a marketing consultant, working for Coca-Cola, you are required to provide them with a report based on your analysis of the situation highlighted in the attached report form the Guardian newspaper and your own research.
Your report should cover the following areas;
A marketing audit of their business
One new marketing objective for Coco-Cola. You should indicate the actions the company would have to undertake for the next twelve months to achieve this objective
�
INTRODUCTION
This report serves as a comprehensive marketing audit of Coca-Cola. This audit examines the internal and external operating environment, the varied strengths, weaknesses, and other market forces driving change at Coca-Cola. To effectively conduct this analysis several tools and techniques were used to thoroughly examine the environment. They include:
P.E.S.T and SPICC Analysis, which was used to examine the external environment.
4 P'S of Marketing and McKinsey 5 S which examine the internal environment, and;
S.W.O.T Analysis
Additionally consideration of the market size, structure and current trends were analysed to make informed recommendations.
AUDIT OBJECTIVES
The objective of this marketing audit is;
To review the current marketing environment of Coca-Cola and prepare recommendations to improve Coca-Cola's market share and competitive advantage.
Utilise the results of the audit to create at least one new marketing objective for Coca-Cola.
�
P.E.S.T. ANALYSIS
Having examined the political, economic, social and technological trends, useful information was generated for a strategy formulation, at Coca-Cola. The following represents a summary of the findings: _(REFER TO APPENDIX 1 FOR DEFINITION OF PEST ANALYSIS)._
POLITICAL
Manufacturers of soft drinks are increasingly guarded by legislation affecting health and safety. It is now mandatory that ingredients must be clearly labelled and an increasing amount of additives are not allowed. Coco- Cola must adapt to meet
References: BOOKS: Kotler et al (2003) _Principles of Marketing,_ 11th Edition: Upper Saddle River, NJ: Prentice Hall Peter J.P et al (1998) _Consumer Behaviour and Marketing Strategy_, New York: McGraw Hl/Irwin WEBSITES: Coca-Cola (2005) _Interesting Facts about Coke_: (WWW) http:/www. cfo. com / article. cfm (10 May, 2006) Coca-Cola (2005) _Annual Report Coca-Cola Enterprise Inc_ Coke Homepage (2005) _Interesting Coca- Cola Facts_ (WWW) http:/www.yip. org/coke/facts.htm (15 May, 2006) Carmichael E Chinsnall, P. (1995) _Strategic Business Marketing_, London: Pearson Diamantopoulos, A et al Dibb S, et al (2001) _The Marketing Casebook: Cases and_ _Concepts_: 2nd Edition: London Thomson Learning Doyle P Kotler et al (2003) _Principles of Marketing,_ 11th Edition: Upper Saddle River, NJ: Prentice Hall Peter J.P et al (1998) _Consumer Behaviour and Marketing Strategy_, New York: McGraw Hl/Irwin Rosenbloom, B (1999) _Marketing Channels: A Management View_, Forth Worth: Dryden NEWSPAPER Teather. D (2005) ' ' _Bubble burst for the real thing as PepsiCo oust Coke fro top spot_: _Emphasis on healthy living beats Coke ' fizz focus in battle of the colas_." New York: Guardian Newspaper Limited WEBSITES Coca-Cola (2005) _Interesting Facts about Coke_: (WWW) http:/www. cfo. com / article. cfm (10 May, 2006) Coca-Cola (2005) _Annual Report Coca-Cola Enterprise Inc_ Coke Homepage (2005) _Interesting Coca- Cola Facts_ (WWW) http:/www.yip. org/coke/facts.htm (15 May, 2006) Carmichael E (16 May, 2006) Centre for Management Research (2004) _Coco-Cola India in 2004: Marketing_ _Strategy_: (WWW) http://www.icmr.icfai.org/casestudies/catalouge/marketing (20 May, 2006) News Target (2005) _Soft Drink Company Marketing Tactics: the expert sound_ _off_. (WWW) http://www.newstarget. Com/003914.html (20, May, 2006) �