Introduction In this assignment I’m going to describe how the marketing research information is used in order to understand customers‚ competitors and the market environment in a company like Coca Cola. I’m also going to describe how the link between the principles of marketing are applied within the Coca Cola Company and the marketing research activities used by the same organisation. Marketing Research The marketing research aims to help organisation make effective decisions by providing
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Marketing spotlight COCA-COLA 1- What have been the key success factors for COCA-COLA? From the text‚ it seems that the key success factors are summarized by: Marketing: Coca-Cola is seen as one of the founding fathers of the modern day marketing model. They were among the pioneers of advertising techniques and styles used to capture an audience. Innovation: It was apparent that the market was changing and in order to keep up with these changes‚ Coca-Cola had to move from a single
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development‚ introduction‚ growth‚ maturity and decline. I would like to use an example of Coca-Cola. Here is its mission statement. “To create value and make a difference…everywhere we engage.”(Baines‚ Fill and Page‚ 2008‚ p177) Coca-Cola is a widely known enterprise all over the world‚ the success of which is obvious to all. From its mission statement we can find that the core philosophy of Coca-Cola relates to the mass-market share (“everywhere we engage”) and extension strategies (“create
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PESTEL Analysis: (COCA COLA) Political The non-alcoholic beverages falls in the category under the FDA and the government plays a role within the operation of manufacturing these products. In terms of regulations‚ the government has the power to set potential fines for the companies that did not meet their standard law requirement. The company has monitored the regulations and politics in each country to maintain and protect their brand image by assigning the risks. Such regulations are made
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HISTORY OF COCA COLA Birth of Refreshing Idea The product that has given the world its best-known taste was born in Atlanta‚ Georgia‚ on May 8‚ 1886. Dr. John Stith Pemberton‚ a local pharmacist‚ produced the syrup for Coca-Cola®‚ and carried a jug of the new product down the street to Jacobs’ Pharmacy‚ where it was sampled‚ pronounced "excellent" and placed on sale for five cents a glass as a soda fountain drink. Carbonated water was teamed with the new syrup to produce a drink
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THE DESIGN The Coca-Cola contour bottle is one of the brand’s key icons and is the symbol of the brand’s authenticity. It was developed in 1916 to create a distinct identity for the brand in consumers’ minds and to protect the brand from being imitated by competitors. Today it represents the very essence of the brand’s identity in the marketplace and remains instrumental in differentiating the brand from all other competing products. The familiar shape of the Coca-Cola bottle and the flowing script
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Corporate Governance The Coca-Cola Company is committed to sound principles of corporate governance. The Board is elected by the shareowners to oversee their interest in the long-term health and the overall success of the business and its financial strength. The Board serves as the ultimate decision making body of the Company‚ except for those matters reserved to or shared with the shareowners. The Board selects and oversees the members of senior management‚ who are charged by the Board with conducting
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In the case of Coca-Cola Company v. Koke Company of America‚ Coca-Cola claimed trademark infringement and unfair competition due to Koke’s use of the words “Koke” and “Dope” in its competitor sodas. By this point in time‚ Coca-Cola’s sodas were becoming a household name‚ and you could find Coke in nearly every home and business. Coke had become a very popular term‚ and was commonly linked to the soda‚ despite its typical representation of cocaine. Coca-Cola argued that Koke was too similar and led
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Running Head: COCA-COLA INTERNATIONAL Coca-Cola Company Opening Happiness across the Globe Tammy Parker August 4‚ 2012 Introduction In 1886‚ Coca-Cola brought a refreshing fountain beverage to customers of a small Atlanta pharmacy at five cents a glass. Today‚ The Coca-Cola Company is the world’s largest beverage company. The three main headquarters are Coca-Cola International which is located in Europe‚ Pacific and Eurasia‚ and Africa‚ Coca-Cola Americas which are located in North America
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Coca-Cola In 1892‚ Candler set out to incorporate a second company; "The Coca-Cola Company" (the current corporation). When Candler had the earliest records of the "Coca-Cola Company" burned in 1910‚ the action was claimed to have been made during a move to new corporation offices around this time. After Candler had gained a better foothold of Coca-Cola in April 1888‚ he nevertheless was forced to sell the beverage he produced with the recipe he had under the names "Yum Yum" and "Koke". This was
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