Introduction In this assignment I’m going to describe how the marketing research information is used in order to understand customers‚ competitors and the market environment in a company like Coca Cola. I’m also going to describe how the link between the principles of marketing are applied within the Coca Cola Company and the marketing research activities used by the same organisation. Marketing Research The marketing research aims to help organisation make effective decisions by providing
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Coca-cola INTRO There are many factors‚ internal as well as external that impact the planning function of management within an organization‚ and Coca-Cola is no exception. More than a billion times every day‚ thirsty people around the world reach for Coca-Cola products for refreshment. Coca-Cola is the most popular and biggest-selling soft drink in history‚ as well as the best-known product in the world. The Coca-Cola franchise covers a population of approximately 398 million people. Coca-Cola Enterprises
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1.0 Introduction Coca-Cola has sold more than one billion servings every day. More than 10‚450 beverages are consumed every second. The company achieved earnings of $4‚347‚000‚000 in 2003. It is present on all seven continents and is recognized by 94% of the world population. How did Coca-Cola grow from its humble roots as a home-brewed Georgia-based patent medicine to be the international soft drink powerhouse that it is today? Coca-Cola used numerous technologies to achieve its rise to the
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Marketing spotlight COCA-COLA 1- What have been the key success factors for COCA-COLA? From the text‚ it seems that the key success factors are summarized by: Marketing: Coca-Cola is seen as one of the founding fathers of the modern day marketing model. They were among the pioneers of advertising techniques and styles used to capture an audience. Innovation: It was apparent that the market was changing and in order to keep up with these changes‚ Coca-Cola had to move from a single
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Coca-Cola is the world’s largest beverage company. They employee over 146‚000 employees offer over 3‚000 products worldwide and operate in over 200 countries. The company was founded in 1886 but it wasn’t until 1891 when an Atlanta business man secured the rights to the company that the vision of Coca-Cola was established and their expansion begun. In 1899 Coca-Cola’s first bottler relationship was established. This bottling relationship allowed the company to grow aggressively and expand into
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COMPANY OVERVIEW The Coca-Cola Company (Coca-Cola) is a leading manufacturer‚ distributor and marketer of Non-alcoholic beverage concentrates and syrups‚ in the world. The company owns or licenses more than 400 brands‚ including diet and light beverages‚ waters‚ juice and juice drinks‚ teas‚ coffees‚ and energy and sports drinks. The company operates in more than 200 countries. Approximately 74% of its products are sold outside of the US. The company is headquartered in Atlanta‚ Georgia and employs
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PESTEL Analysis: (COCA COLA) Political The non-alcoholic beverages falls in the category under the FDA and the government plays a role within the operation of manufacturing these products. In terms of regulations‚ the government has the power to set potential fines for the companies that did not meet their standard law requirement. The company has monitored the regulations and politics in each country to maintain and protect their brand image by assigning the risks. Such regulations are made
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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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Marketing Management I Project : the Four P’s of Marketing for Coca-Cola By:- Aakash Utreja 11BSPHH010005 SECTION- F SEAT NO. 31 ACKNOWLEDGWMENT I would like to thank Mr K.C Prakash for his practical approach towards the subject which led me to learn the insights about Marketing. A special Thanks to Dr. Phillip Kotler whose book Serves as a bible to many Marketing Students "Only 50% of what is consumed is what goes in the mouth and in the stomach; the other 50% goes in the
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marketer of non-alcoholic beverages in the world‚ Coca-Cola has a strong brand recognition and brand portfolio. The company owns more than 400 brands‚ including sports drinks‚ teas‚ juices‚ and energy drinks. Coca-cola operates in more than 200 countries‚ with 75% of profits coming from abroad (Hoover‚ 2009). The company ranks well ahead its closest competitor Pepsi‚ with brand equity of $67 billion compared to Pepsi’s $13 billion. However‚ Coca-Cola is threatened by intense negative publicity and
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