ANALYSIS OF MARKETING STRATEGY (MARKETING MIX AND PROMOTIONAL MIX) OF COCA COLA INTRODUCTION Coca-Cola is one of the most widely used soft drinks in the world. There is a great variety of brands offered by Coca-cola like diet Coke‚ Sprite‚ RC Cola‚ Minute Maid etc. You can find the Coca-cola soft drinks in any places. In 1919 Coca-Cola decided it was time to go global. The Coca-Cola Company decided to take its operations beyond national boundaries and marketing research was started
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Marketing Mix Michael Anderson MKT/421 May 30‚ 2011 Gabriel Renero According to the text-book Marketing an Introduction “Guided by marketing strategy‚ the company designs an integrated marketing mix made up of factors under its control—product‚ price‚ place‚ and promotion to find the best marketing strategy and mix” (Armstrong & Kotler‚ 2009‚ p. 47). In order to understand the marketing mix one must
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MKT/421 Version 12 Marketing Copyright © 2011‚ 2009‚ 2008‚ 2005‚ 2004‚ 2003‚ 2001 by University of Phoenix. All rights reserved. Course Description This course involves an integrated analysis of the role of marketing within the total organization. Specific attention is given to the analysis of factors affecting consumer behavior‚ the identification of marketing variables‚ the development and use of marketing strategies‚ and the discussion of international marketing issues. Policies
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The Marketing Mix A General Discussion Logic: Marketers have four tools to use to develop an offering to meet the needs of their targeted customers. Collectively they are called the marketing mix. Marketing Mix: You may have heard of the "four Ps" of marketing: product‚ price‚ place‚ and promotion. Collectively these are called the marketing mix. More comprehensively they are viewed as: • product‚ service‚ or program - something of value you are offering the customer‚ client‚ or park visitor
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The 7P’s of marketing: Successful marketing depends upon addressing a number of key issues. These include: what a company is going to produce; how much it is going to charge; how it is going to deliver its products or services to the customer; and how it is going to tell its customers about its products and services. Traditionally‚ these considerations were known as the 4Ps — Product‚ Price‚ Place and Promotion. As marketing became a more sophisticated discipline‚ a fifth ‘P’ was added — People
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Marketing Mix The marketing mix is primarily made up of four variables‚ and they are product‚ place‚ price‚ and promotion. The marketing mix is often described as a method used in developing a viable marketing strategy‚ with each ingredient being used different ways and at different times based on the product or service one is trying to market (QuickMBA‚ 2007). In order for a company to achieve its goals‚ the company must have a strategy that mixes the correct elements of marketing. The term Marketing
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Marketing Mix In order for a company to achieve its goals‚ the company must have a strategy that mixes the correct elements of marketing. The term Marketing Mix refers to "the four Ps" of marketing which are product‚ price‚ place‚ and promotion (Kotler & Keller‚ 2006). When creating a mix‚ a company must keep their target market in mind. The company must also understand the needs of the customer‚ then create marketing strategies that will satisfy the demand. The marketing mix should also meet or
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Marketing Mix Paper Mark Moeller University of Phoenix MTK421 Marketing Laurence Hanson September 26‚ 2008 Marketing Mix Paper In today’s global market organizations need to understand how marketing mix works to ensure a productive and profitable future. Marketing specialist has several decisions to make to ensure product goals is made and marketing mix works as a way to organize the decisions in to four smaller‚ manageable section call the four P’s
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Marketing Mix Paper Brian Morales MKT 421 October 15‚ 2012 Kim Houseman Marketing Mix Paper Nowadays‚ for a company to be successful in the business world one must have a good marketing plan to be successful. One way to accomplish a successful business plan is to use something known as the marketing mix or the four P’s of marketing. These four P’s of marketing are known as the product‚ place‚ price‚ and promotion. If one uses these four P’s one will notice that each of these cover their own
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have to offer more customization‚ Braaap have to make it easier to purchase‚ Braaap have to do more‚ be more. This report shall examine Braaap’s product‚ identify the key characteristics of their products and services and their significance to the market and to review pricing policy and analyse pricing variables to determine their effect on demand. This report shall also study about Braaap’sthe promotional methods‚ the channels of distribution‚ the level of customer service provided. The following
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