QUESTION 3 Why do you think that the hidden-camera videos used to promote Coke Zero were an effective way to reach its target market?Do you think a similar strategy with a viral marketing campaign on the Internet would appeal the target market for Diet Coke Plus? Coca- cola is a global megabrand whose main products are soft drinks. With globalization that has triggered fierce competition‚ this firm‚ Coca-Cola faces intense competition hence it has to increase its market share by introducing new
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Principle of Marketing Mrs. Lauren K Paisley Case#1: Coke Zero 2/25/2013 The Coca- Cola first started or made its debut in 1886 in Atlanta in a pharmacy soda fountain which was sold for 5 cent a glass. The coca product has been enjoyed ever since then. The company continues its long-standing association with athletics events including the Olympic Games and the FIFA World Cup. By promoting such event it helps support the case of promoting Coke Zero. The Coca-Cola Company segments markets for its
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Case Study: Coke Zero I highly agree with the statement that “companies should develop products what will bring new customers into market rather than just creating variants on the old” (Lamb et al. 289) because when old products failed‚ it is an opportunity for the company to invest in different market segments— “a subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs” (Lamb et al. 261)—that could potentially increase additional consumers
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behind choosing Coke Zero Coca cola We recognise that Coca Cola is the market leader of the soft drink industry‚ currently holding a 26.7% share of the market [Snapdata International Ltd (2006) UK Soft Drinks 2006] The company has a reputable brand image‚ which has been upheld continuously through various marketing strategies‚ mainly a straight extension approach of continuous reinforcement of the same message to create global brand awareness [Hollesen‚ S. (2001)] Coke Zero 2006 saw the launch
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Coca-Cola Zero or Coke Zero is a product of the Coca-Cola Company. It is a sugar-free variation of Coca-Cola. Coke Zero is Coca-Cola’s biggest product launch in 22 years‚ and primarily targets young adult males. In the U.S.‚ advertising has reflected that by describing the drink as "calorie-free" rather than "diet"‚ since that demographic associates diet drinks with women. SWOT Coca-Cola Zero is a sugar-free‚ zero calories soft drink produced and distributed by The Coca-Cola Company. This
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Coca- Cola Company is targeting with each of the following products: Diet Coke‚ Coke Zero‚ Diet Cola‚ Plus‚ Coca- Cola Blak‚ and Full Throttle Blue Demon. What types of demographic segmentation is each product’s marketing most likely to include? The Coca- Cola Company has many different types of products that are marketed towards certain demographics. One of Coca- Colas most popular carbonated drink is Diet coke. Diet Coke is marketed to consumers concerned with nutrition and looking for a low-
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Price: Coke Zero is available in different sizes and shapes‚ so pricing varies according to individual desire (The Coca-Cola Company‚ 2018). Coca-Cola used price penetration in the early stages of its release to grasp new customers and draw them in‚ however‚ this could not be sustained long-term as it would cause overall sales to plummet. Instead Coca-Cola uses customer satisfaction objectives by setting an acceptable price for its Coke Zero products to retain loyal customers. It then relies on its
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Recently‚ I found myself standing in line waiting to get a sandwich at Dutch‚ when I looked through the ever-so-perfectly placed drinks cooler...and what did I see? Coke and Coke Zero‚ the original and the supposed ’clone.’ Now‚ naturally being an extremely inquisitive person‚ I decided it was time to do an experiment. I grabbed one of each and about 10 of those little water cups and went over to the completely unsuspecting group I had come with. Little did they know‚ they were about to be a part
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Target Audience Are you trying to join the market or creating your own business? One of the most important factors when joining the market is the target audiences. With the current state of the economy‚ having a well-defined target market is more important than ever. No one can afford to target everyone. Small businesses can effectively compete with large companies by targeting a reliable audience. What exactly is a target audience? Target audience is‚ in marketing and advertising the primary
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Activity: M3a: Target audience • At what stage of course development should you analyse the profile and needs of the target audience? In order to begin the development of any course (on-line‚ face-to-face or blended) you need to have in mind a target audience and a profile of who it is you are working with. However‚ it is not sufficient to do this the once and not revisit this at any later stage: you will need to analyse the profile of the audience once they have registered on the course (Are
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