Back ground of Coca-cola Coca-cola started in Atlanta‚ Georgia‚ on May 8‚ 1886 by Dr. John Stith Pemberton. He was a local Pharmacist. After producing Coca-cola syrup he carried it down to another pharmaceutical store on the street‚ where it was sampled and pronounced as exceptional. The sales of the drink called Coke thereafter‚ began. It was not at first sold as bottled drink; rather it was sold from the fountain for five cents a glass. Carbonated water was later combined with the newly discovered
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The marketing mix is often considered as the center of a marketing strategy. It is defined by Kotler and Armstrong (2010:84) as ‘the set of controllable‚ tactical marketing tools that the firm blends to produce the response it wants in the target market.’ These tools are; Product‚ Price‚ Place and Promotion‚ which are commonly known as the ‘4 Ps.’ A combination of these four components offers the ability to create a successful marketing mix that will produce the desired results. This essay will first
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stories of roads that were paved of gold to inquiring travelers. Although there is some that are for and immigration and some against it‚ that doesn’t change that it will always be a part of America and what we stand for; freedom. So why is a simple Coca Cola commercial depicting people of different races singing “America the Beautiful” in their language so controversial? James Poniewozik‚ a writer from Time wrote a beautiful article explaining the deeper underlining meaning of the ad rather than what
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0. Preface 1. New-Product Pricing Strategies 2. Product Mix Pricing Strategies - In a relationship with cost and customers’ demand - In a relationship with competitors 3. Price Adjustment Strategies a. Discount and Allowance Pricing b. Psychological Pricing c. Geographical Pricing When marketers 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
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Using Coca Cola to Explain Ansoff’s Matrix Ansoff’s Matrix is a useful tool for examining a company’s product range. The four main options are: 1. Market penetration 2. Product development 3. Market development 4. Diversification Information about some of the products produced by Coca Cola is given below. Read this information and complete the tasks over the page: 1. Diet Coke m penetration
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businesses mainly function in entire major global. Examples of multinationals are Coca Cola‚ IBM‚ Mc Donald‚ Kellogg’s etc. Multinational businesses are well established corporate brands and are generally recognize across the globe. For example‚ Coca-Cola is a well established brand and is recognized in all part of the world. Most of the multinational businesses are global in nature and implement similar marketing strategy across the globe. Multinational business is large and is highly influential
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Coca-Cola Company applies to an undifferentiated targeting strategy to promote a single product of identical size. This approach allows the firm to consider a potential buyer as the one who has similar needs and preferences like any other consumer at the market. Hence‚ there is no a particular market segment because market is regarded as the whole. Producing one item saves costs for advertising and marketing (Lamb et al.‚ 2011‚ p. 275). However‚ focusing on undifferentiated marketing prevents
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of history in Hong Ko ng First bottle of Coca-Cola was sold here in 1928 Well-received in the market Add more variety to their portfolio Research Methodology 50 copies of questionnaire distributed Face-to-face Research Methodology Figure 1.2 Age 8% 4% 14% 18 or below 19 - 29 10% 30 - 39 40 - 49 64% 50 or above Female and male respondents are equal ly and randomly distributed Research Methodology Figure 1.3 Frequency of purchasing "Coca-Cola" Every day 5% 15% 1-3 times a week 15%
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COMPANY CASE BRITIVIC : CREATING A BRAND FLAVOUR Selected britvic brand : Questions for discussion: 1. core benefit of pepsi : A drink for refreshment without alcohol. Actual product of pepsi: • brand name: pepsi • quality level: excellent • design n packaging: regular (275ml)‚ disposable (500ml)‚ can (300ml)‚ regular (1 liter)‚ disposable (1.5 liter)‚ jumbo (2.5liter). • features : black colour with
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the key success factors for Coca-Cola? The first reason of success expansion to the overseas‚ marketers saw an expansion opportunities everywhere. First in 1928 they introduced Coca-Cola to the Olympic Games. Then‚ as in case was mentioned they represented Cola in World War II. Thousands of people sent overseas to War and Coca- Cola rallied behind them. The Second strategy for success is making the brand feel local everywhere around the world. Step by step Coca-Cola found home in more and more
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