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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sport drinks. i. Bargaining power of suppliers The main ingredients for Coca-Cola syrup include either high fructose corn syrup or sucrose derived from cane sugar‚ caramel color‚ caffeine‚ phosphoric acid‚ coca extract‚ lime extract‚ vanilla‚ and glycerin. The suppliers are not concentrated or differentiated. Bargaining power of suppliers is low. ii. Bargaining power of customers The individual buyer has no pressure on Coca-Cola because just like having large retailers it has a bargaining power of
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Using Coca Cola to Explain Ansoff’s Matrix Ansoff’s Matrix is a useful tool for examining a company’s product range. The four main options are: 1. Market penetration 2. Product development 3. Market development 4. Diversification Information about some of the products produced by Coca Cola is given below. Read this information and complete the tasks over the page: 1. Diet Coke m penetration
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Question 1 & 2 were answered. The Coca-Cola Company Struggles with Ethical Crises- A Case Analysis The Coca-Cola Company Struggles with Ethical Crises- A Case Analysis Part I What role does corporate reputation play within organizational performance and social responsibility? Develop a list of factors or characteristics that different stakeholders may use in assessing corporate reputation. Are these factors consistent across stakeholders? Why or why not? Corporate reputation can be taken
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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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Coca-Cola Marketing Mix: Product‚ Place‚ Price‚ Promotion Product: In order for an organization to be successful it needs to have a well-defined marketing mix. The marketing mix consists of the four P’s; product‚ place‚ price‚ promotion (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). Product is defined as “everything‚ both favorable and unfavorable‚ that a person receives in exchange” (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). The Coca-Cola Company’s products consist of beverage concentrates and
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of Coca Cola what comes to your mind? It wouldn’t be surprising if you thought first of Coke ads. In the history of advertising perhaps no other company has had such a strong and continuous impact on society through advertising. Not only have Coke’s ads been successful at selling its soft drinks‚ but decade after decade Coca Cola’s ads and campaigns have influenced our very culture by making their way into the hearts and minds of the consumers. A Brief Ad History In the 1920s Coca Cola shifted
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Coca-Cola Company applies to an undifferentiated targeting strategy to promote a single product of identical size. This approach allows the firm to consider a potential buyer as the one who has similar needs and preferences like any other consumer at the market. Hence‚ there is no a particular market segment because market is regarded as the whole. Producing one item saves costs for advertising and marketing (Lamb et al.‚ 2011‚ p. 275). However‚ focusing on undifferentiated marketing prevents
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Coca-Cola’s New Vending Machine (A) Case Questions 1. Is selling Coke through interactive vending machines a good or bad idea? Explain your answer. It is a good idea to sell Coke through interactive vending machines. Over the last three years‚ the soft-drinking giants have watched their earnings erode as they waged a price war in supermarkets. Vending machines have remained largely untouched by the discounting. Sales of soft drinks from vending machines have risen steadily over the last
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BBA 353 STRATEGIC MANAGEMENT Group Case Study Project The Coca-Cola Company Tsang Hoi Ki Chan Ho Yin Fung Tsun Wai Chan Ka Po Yuen Sze Wing Chan Tai Hoi Yan Yue Kan (200826001H‚ (200826002H‚ (200826004H‚ (200826019H‚ (200826020H‚ (200826027H‚ (200926024E‚ FNE) FNE) FNE) FNE) FNE) FNE) FNE) Abstract This paper is a strategic analysis of The Coca-Cola Company (Coca-Cola)‚ a leader in the beverage industry. Coca-Cola‚ the world’s leading soft drink maker‚ operates in more than 200
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