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 introduction of New Coke in the 1980s demonstrates what happens when decisions aren ’t supported by solid research. Coke revised the formula of its traditional brand of soft drink and lost millions in sales. By performing a study and determining
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Introduction The Coca-Cola recipe was originally founded and formulated by John Pemberton at the Pemberton’s Eagle Drug and Chemical House. By 1885‚ the product was registered as a French Wine Coca as a patent medicine. Pemberton claimed Coca-Cola cured morphine addiction‚ dyspepsia‚ neurasthenia‚ headaches and impotence. The carbonated drink began its first sales at Jacob’s Pharmacy in Atlanta‚ Georgia on May 8‚ 1886 for 5 cents a glass with its first advertisement in the Atlanta Journal on May
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production lines4/ Unique taste5/ World’s leading brand | * Weaknesses1/ Product not healthy2/ The target group of the CC company are mainly younger people.3/ Taste differentiation4/ Sluggish performance in North America5/ lack of popularity of many Coca Cola’s brands | External | * Opportunities1/ advertise it’s less popular products2/ Acquisitions3/ buy out competition4/ It can to provide food in the future5/Growing Hispanic | * Threats1/ New drink competitor have appeared gradually2/ Intense
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Coca-Cola India Wins Golden Peacock Global Award for Corporate Social Responsibility Coca-Cola India was awarded the prestigious 2008 Golden Peacock Global Award for Corporate Social Responsibility on Feb. 15 during a global conference in Vilamoura‚ Portugal. Dr. Ola Ullsten‚ former prime minister of Sweden‚ presented the award to Deepak Jolly‚ Vice-President‚ Public Affairs & Communication‚ Coca-Cola India‚ on behalf of the Company. The Golden Peacock Global CSR Award showcases the “human face
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its high reputation and strong brand image‚ Coca-Cola Company changed its original name Coke with New Coke in 1985‚ and‚ the company also aims to give their customers better taste (Datta‚ 1996). Generally speaking‚ although the company focus on whole population in the world‚ young generation is the target marketed of the company and they also want to show their products with full of youth and energy to their customers. Pendergrast(1993) states that Coca-Cola are cool and real‚ and ‚ differentiate Coke
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Weaknesses of Coca-Cola A company like Coca-Cola has many internal and external strengths‚ but when launching a product of this sort‚ they begin to run into many internal and external weaknesses as well. As far as internal strengths go‚ Coca-Cola itself is a strong company to say the least. Not only are they a $23 billion company‚ but in 200 nations‚ Coke sells about 400 drink brands‚ including four of the top five sellers right now. They own 36% of the largest Coke bottler in the world‚ Coca-Cola Enterprises
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About Coca Cola Coca Cola sells over 400 brands in over 312 countries 90 billion servings of coke are consumed each day Coca Cola is a multinational company (MNC) it operates in more than one country across the world It is bottled in 200 countries Multi national companies MNC’s also have many other characteristics : Huge Profits Well known brands Large numbers of employees Headquarters mainly in MEDC’s Why is Coca Cola located in India? Manufacturing the product in the country
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Coca-Cola Case Study 1. SWOT ANALYSIS: Strengths Coca-Cola has been an intricate part of American culture for over a century. The product ’s image is laden with sentimentality‚ and this is an image many people have taken deeply to heart. The Coca-Cola image is displayed on T-shirts‚ hats‚ and collectible memorabilia. This extremely recognizable branding is one of Coca-Cola ’s greatest strengths. "Enjoyed more than 685 million times a day around the world Coca-Cola stands as a simple‚ yet powerful
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COCA COLA is a registered trademark of The Coca-Cola Company in the United States since March 27‚ 1944 Coke products could be found in over 200 countries worldwide‚ with consumers downing more than 1.8 billion company beverage servings each day History of the Coca‑Cola logo Coca-Cola was invented by John S. Pemberton in 1886. ASA Griggs Candler - Founder Revenue - 46.854 billion ( 2013) Interbrand’s best global brand study of 2011‚ Coca-Cola was the world’s most valuable brand LOGO EVOLUTION
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Question 1 Question 1 Group 8 Group 8 Coca-Cola:Deciding on the Look Coca-Cola:Deciding on the Look CASE 10 CASE 10 Question 1 Question 1 How do you think the analytical model of decision making might have been applied by Coca-Cola when designing new bottles?What specific task might have been done at each step in the process? How do you think the analytical model of decision making might have been applied by Coca-Cola when designing new bottles?What specific task might
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