5) Marketing Research • Market research helps you understand your market‚ your customers‚ your competitors‚ and larger industry trends. • High-quality research will reveal details about your current customers and will help you target new customers. • In addition to the insight that you’ll gain into customer needs‚ market-research studies can help you avoid costly mistakes‚ such as introducing an unpopular line of goods or developing a service that no one really wants Example • Coca-Cola ’s
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chance to try and apply the academic knowledge and gain insight into corporate culture. This helps in developing decision-making abilities and emphasizes on active participation by the student. We undertook our Research in Coca cola Hindustan‚ a leading Bottler and Marketing partner of the beverage. During the project‚ we had worked on the topic “A comparative study of soft drinks”. We gained valuable experience & knowledge during
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MM04 International Marketing Assignment – I Assignment Code: 2013MM04B1 Last Date of Submission: 15th October 2013 Maximum Marks: 100 Attempt all the questions. All the questions are compulsory and carry equal marks. Section-A 1. Distinguish between the ethnocentric and polycentric approach to international Marketing? Under what circumstances is the polycentric strategy a preferred approach for International Marketers?
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Assignment The government charged the Coca-Cola Company with marketing and selling a beverage that was injurious to health. They charged the company with producing a beverage that produced serious mental and motor deficits due to the use of synthetic caffeine. They also claimed that Coca-Cola was misbranded because its name implied that the product contained coca‚ yet it did not contain the whole coca leaf (because the cocaine was removed) and the name constituted a
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Campaign Critique Introduction Coca Cola‚ the world’s greatest and most successful brand for soft drinks was introduced in the year 1886. Coca Cola has had a lot of memorable images/advertisements which are seen as an icon for Coca Cola. One of these images is the image of the polar bear. Coca Cola’s advertisements/print advertisements have featured polar bears from as far back as 1922 and have had a lot of memorable moments‚ such as in the year 1993‚ where an advert was released of the polar
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talk about what they do as part of their responsibilities for marketing products‚ the tasks associated with setting price are often not at the top of the list. Marketers are much more likely to discuss their activities related to promotion‚ product development‚ market research and other tasks that are viewed as the more interesting and exciting parts of the job. Yet pricing decisions can have important consequences for the marketing organization and the attention given by the marketer to pricing
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Case #4 Fizz Factor 1) The Coca-Cola Company in my opinion has all the resources listed in the chapter. They have been such a successful organization over the years that they posses; financial‚ physical‚ human‚ intangible‚ and structural-cultural resources. It is because of their Global nature that I believe that they have these resources‚ and these are needed to for organizations to have capabilities and core competencies. Understanding that because Coca-Cola is such a global brand it means that
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Coca-Cola has strong brand recognition across the globe. The company has a leading brand value and a strong brand portfolio. Coca-Cola is the leading brands in the top 100 global brands ranking in 2012 (Interbrand). Interbrand also valued Coca-Cola at $67‚000 million. Coca-Cola ranks well ahead of its close competitor Pepsi which has a ranking of 22 having a brand value of $12‚690 million. Furthermore; Coca-Cola owns a large portfolio of product brands. The company owns four of the top five soft
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major events in the life of the Coca-Cola Company that have an impact on the company today‚ these include: 1886: Coca-Cola‚ the beverage‚ was first produced by John Pemberton. It was sold at fountains at a Jacobs’s pharmacy‚ a local pharmacy in Atlanta‚ for 5 cents a glass. Frank Robinson named the drink Coca-Cola and wrote it in his own unique script‚ to this day Coca-Cola is written in the exact same way. They used to sell an average of 9 glasses of Coca-Cola a day. 1891: John Pemberton
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Individual assignment for Sustainability (SEL) I chose to deal with the American giant of soft beverage Coca-Cola. In its Corporate Responsibility & Sustainability plan‚ the company This Sustainability report a quite interesting review based on stakeholders feedbacks‚ which will increase the brand transparency across its sustainability platform. As a matter of fact the company is trying to focus on four main elements: water stewardship‚ energy efficiency and climate protection‚ sustainable
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