TARGET MARKETING - MEANING‚ BASIS AND ITS NEED It is not possible for a marketer to have similar strategies for product promotion amongst all individuals. Kids do not get attracted towards products meant for adults and vice a versa. Every segment has a different need‚ interest and perception. No two segments can have the same ideologies or require a similar product.Target Marketing refers to a concept in marketing which helps the marketers to divide the market into small units comprising of likeminded
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.......................30 Historical Summary Coca-Cola started as a fountain beverage used for medicinal purposes in 1886 selling for five cents a glass. It grew quickly‚ but only after a bottling system was developed did Coca-Cola have a chance to became the world-famous brand it is today. In 1894 in a candy store in Vicksburg‚ Mississippi‚ sales of Coca-Cola impressed the stores owner‚ Joseph A. Biedenharn. He began bottling Coca-Cola to sell‚ using a common glass bottle. Two attorneys
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assigned to us this report writing as a part of our course study. We are sincerely thankful to him for assigning or group such type of a project work. In this report we have discussed about overall market scenario of Coca-Cola‚ its brand strategies‚ brand elements‚ positioning‚ problems and current market strategy‚ marketing mix elements (pricing‚ communication‚ distribution channels)‚ as well as detailed analysis of consumers’ perceptions of the brand which has been analyzed based on a survey questionnaire
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The target market for Reese’s Pops Cereal is divided into two age groups‚ six to 17 and 34 to 48. When focusing on a younger‚ dependent segment you also need to target the segment that is making purchase decisions for them. We believe these two market segments are the best to target because the product appeals to both a younger demographic‚ with its candy-like taste and being a fun‚ easy breakfast option that they can make for themselves‚ and also to the adult segment‚ because it is a healthy choice
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5 Strength & Weakness of Coca Cola Coca Cola INTRODUCTION The purpose of this integrated essay is to explore the strengths and weaknesses of Coca Cola (Coke) using the Value Chain Analysis Framework developed by Michael Porter. Using Exhibit I from Porter ’s Framework‚ I examined the linkages and strategic significance of Coke ’s value system. DESCRIPTION OF THEORIES/CORE CONCEPTS According to Michael Porter (1985)‚ information technology changes the way companies operate by specifically targeting
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The Coca-Cola company was established back in 1886 and it is most famous of creating the soft drink Coca Cola. Based on a global brand study‚ Coca Cola was the world’s most valuable brand in 2011. Though‚ just like all those “old” and well developed brands‚ Coca Cola is facing aging problem‚ a disconnection with the younger generation and it seems like people are not picking up coca cola as a trendy drink and a sign of coolness anymore as there are so many other drinks available in the market nowaday
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Coca-Cola India On August 20‚ 2003 Sanjiv Gupta‚ President and CEO of Coca-Cola India‚ sat in his office contemplating the events of the last two weeks and debating his next move. Sales had dropped by 30-40%1 in only two weeks on the heels of a 75% five-year growth trajectory and 25-30%2 year-to-date growth. Many leading clubs‚ retailers‚ restaurants‚ and college campuses across the country had stopped selling Coca-Cola3 and only six weeks into his new role as CEO‚ Gupta was embroiled in a crisis
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ETHICS AND GOVERNANCE The Coca-Cola Company TABLE OF CONTENTS Pages 1. Executive Summary 3 2. Main Issues 4 3. Ethics Policy and its Development 5 3.1. Proposed Ethics Policy 5 3.2. Rationale of Ethics Policy 6 3.3. Policy Development 6 3.3.1. Virtue Ethic 7 3.3.2. Utilitarianism Ethic 7 3.3.3. Kantianism Ethic
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Brand Audit Coca-cola In partial fulfillment of the Requirements for the degree of BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION Submitted by: Santiago‚ Kevin DJ March 2011 I. Consumer focused sources of procedures to: -Assess the health of the brand Coca cola has been top in the market for the last decade or even 2 decades. But can coca cola maintain their top level in the market? One of the great marketing legend of coca cola is their bottle. That famous bottle was designed
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analyzed Coca-Cola India’s supply chain with respect to the following: • Inventory management • Quality management • Vendor management We have detailed out the practices and policies adopted in the company and highlighted noteworthy practices in this project. We have described recent trends in operations in the areas chosen. We also have identified a problem the company is facing‚ analyzed it and have suggested a solution for the same. Introduction The Coca-Cola Company
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