Cola Wars Continue : Coke and Pepsi in 2006 1. Why historically has the soft drink industry been so profitable? * High rate of consumption increasing at an average of 3% per year * Increasing availability of CSDs * Introduction of diet and flavoured varieties Year | 1970 | 1975 | 1981 | 1985 | 1990 | 1994 | 1996 | 1998 | 2004 | Consumption in Cases (million) | 3090 | 3780 | 5180 | 6500 | 7780 | 8710 | 9290 | 9880 | 10240 | 2. Compare the economics of concentrated
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2001. Clearly‚ they must have sound marketing and advertising strategies‚ in order to not just maintain their sales figures‚ but to maintain a growing increase each year. Up until 2005‚ they were performing equally admirably at increasing their net income as well. While their net income for 2005 is still an impressive 69.9% higher than in 2001‚ they went from 3 years of massive increases‚ to a slight decrease. Since the sales figures increased from 2004-2005‚ it’s not a question of having a “sales
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Imagine a stereotypical bar scenario: guy sees girl but is too nervous to talk to her. Most shy guys get by with help from a wingman to introduce them. After a little work on the wingman’s behalf‚ shy guy and the lovely lady finally get to know one another‚ date for a couple years and eventually ask this wingman to be their best man at the wedding. In the case of business‚ marketing is your wingman. Marketing is the guy who goes and talks your product up to the consumers you really want to impress
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The case of Coke and Pepsi in India is a lesson that all marketers can observe‚ analyze and learn from‚ since it involves so many marketing aspects that are essential for all marketers to take into consideration. Both companies had many difficulties‚ especially Coca-Cola‚ and it’s useful to observe how it dealt with the different aspects‚ stating from the political environment of the Indian market and the trade barriers it faced‚ going through the market entry and penetration strategies considered
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intensified when Pepsi was introduced in 1893. Ever since then‚ the CSD industry has been dominated by these two companies‚ with Coke taking the lead in the early stage‚ followed by Pepsi doubled its market share between 1950 and 1970 by offering its concentrate at a lower price than its competitor. The CSD industry has been profitable historically due to numerous reasons. Firstly‚ in the world’s largest market for CSD products‚ consumption had been growing at a steady rate of 3% annually from 1970 to 2000
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INTRODUCTION Advertising is attempting to influence the buying behavior of the customers or clients by providing a persuasive selling message about your products and/or services. Advertising is bringing a product (or service) to the attention of potential and current customers. Advertising is focused on one particular product or service. Thus‚ an advertising plan for one product might be very different than that for another product. Advertising is typically done with signs‚ brochures‚ commercials
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11432‚ Kingdom of Saudi Arabia E-mail: mbelsharif@imamu.edu.sa. ABSTRACT During the last decade‚ the Islamic banking sector in Brunei Darussalam experienced remarkable and increasingly challenging development in the face of strong competition from conventional banks. The main objective of this paper is to examine the effects of both service quality and product quality‚ and of satisfaction awareness of Islamic banking in Brunei Darussalam. This study also examines the reasons that consumers
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History of Indian Advertising Press advertisements – largely imported goods which had reached Indian shores.In 1930’s The talkies and radio emerge as media‚color movies come.In 1950’s watershed years for Indian Advertising that time industrial revolution in india‚that time Burmah Shell Vans Used For advertising ‚that time cinema advertising Began.Kolkata gets the privillege of India’s first add club. That time leading add agency is Press Syndicate.In 1960’s India’s First Advertising Covention.Advertising
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Strategy – NCC 5090 Cola Wars Continue: Coke and Pepsi in 2006 Case Part 1: Why was concentrate manufacturing profitable until the late ‘90s? Porter’s Five Forces provides an in-depth understanding as to how the interconnected relationship between Entrants‚ Buyers‚ Suppliers‚ Substitutes‚ and Rivals allowed concentrate producers to increase profitability. Entrants: Existing Concentrate Producers create high barriers to entry Despite low capital requirements to enter the
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Coca-Cola versus Pepsi-Cola: Competitive Strategies Coca-Cola (Coke) and Pepsi-Cola (Pepsi) have been the most popular soft drinks for many years‚ and has also been each other’s biggest competitor. Coke was created in 1885 by John Stith Pemberton‚ a pharmacist‚ and was initially made as a tonic (Smith‚ 2012). In the beginning‚ Coke had cocaine in it‚ which was to fight depression and also make consumers addicted to the drink. In 1904‚ the Food and Drug Administration eliminated the use of cocaine
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