Coke Zero Case Study Coca Cola is world renowned soft drink. Unfortunately when it comes to taking health into consideration this is one of the last things one should be ingesting into their system. That’s why Coke introduced Diet Coke in 1982. Unfortunately the typical male consumer shies away from dieting due to social pressure for being perceived or mistaken for the feminine persona often categorized as a homosexual. With proper understanding‚ Coke was able to market a no calorie‚ body conscience
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Drink Brand 27 Table 1: Sample Profile 25 Table 2: Favorite Drink 26 Table 3: Favorite Soft Drink Brand 27 Table 4: Importance of Criteria 28 Table 5: Calories Concern * Gender Crosstabulation 29 Table 6: Coke Zero Recognition 29 Table 7: Media 30 Table 8: Times Drinking Coke Zero within last week 31 Table 9: Mean and Standard Deviation from each Construct 31 Table 10: Hypothesis 1-1 32 Table 11: Hypothesis 1-2 32 Table 12: Hypothesis 1-3 33 Table 13: Hypothesis 2-1 34 Table 14: Hypothesis
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Analysis Coke Zero Facts or size up * In both 2005 and 2006 sales of Coca Cola products dropped * Diet Coke plus was launched in 2007 * People were becoming increasing health conscience and no longer drank full calorie drinks quite as often * Diet coke tend to marketed towards women and thus the men were left out * Coke Zero’s name was chosen so as to not associate the word “diet” with the drink * Because of the Australia design of the product the US markets decided to
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offers the potential access to a loyal and established fan base spanning multiple generations‚ whilst translating many of the key Bond brand values to their own. As a result‚ following their ‘Zero Zero Seven’ campaign in conjunction with the 2008 release of the previous Bond film‚ Quantum of Solace‚ Coke Zero has continued its commercial partnership with the Bond franchise‚ launching a campaign under the tag line ‘Unlock The 007 In You’‚ to tie in with the release of Skyfall. The campaign provokes
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Coke market analysis Name Institution Coke Market Analysis Coke is a carbonated soft drink beverage produced by the Coca-Cola Company. The Coca- Cola Company is based in Atlanta and owns the trademark coke. Coke is produced in several product lines’ which include caffeine free cola‚ diet coke‚ coke zero and coca-cola vanilla. Coke as a product is available and also targets all the 200 countries in the world thus it is not restricted to any given region. It is also the main dominant product
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Direct Competitors Product Coke-Zero Pepsi Next Fresca Nestea Zero Price . 355ml can =$1.20 .2L bottle= $1.89 . pack of 12= $3.99 . pack of 24=$9.99 . 355 ml can=$1.30 . 2L bottle=$ 1.89 . pack of 12=$ 3.99 . pack of 24=$9.99 .355ml can=$ 1.29 . 2L bottle= $ 1.89 . pack of 12=$3.99 . 355ml can= $1.80 . pack of 12= $6.99 Place MacDonald’s‚ Grocery stores such as( Fresh Co‚ No frills‚ Fortinos‚ Wal-Mart‚ Longos etc.)‚ pizza pizza‚ subways Grocery stores such as Fortinos
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1. a. Diet Coke – Designed for Consumer who are health conscious. b. Coke Zero – Designed for young men between the ages of 18 & 34. c. Diet Coke Plus – Designed for consumers who are more health conscious who desire a sweeter taste with more vitamins & minerals. d. Coca- Cola Blak – Designed for older more sophisticated customers willing to pay more. e. Full Throttle Blue Demon – Designed to appeal Hispanic Men. Each products marketing should contain the following types of demographic
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TARGET MARKETS Market Analysis Target Market - Your target customers are those who are most likely to buy from you. Target Marketing can– Help in Clearer understanding of markets needs‚ wants and desires More specific and effective use of marketing resources (e.g. budget‚ time expertise) More strategic approach Maximize profit. Importance Steps of Market Analysis: Market Segmentation Market Size Market Dynamics Competitors Historical Background Emerging Trends Market
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What is meant by “target market”? The focus of marketing effort is people. The goal is to reach a subset of the population who may be interested in your particular product. That group of people is your target market. The term target market is used because that market is the target at which you aim all your marketing efforts. The markets you are trying to reach are people with common characteristics that set them apart as a group. The more you know about a target market‚ the more precisely you
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The market also sets prices for goods and services. 4. Describe the likely target market for a company that sells designer jeans at a shopping mall. Explain the reasoning behind your answer. A= The target market would be people who wears designer jeans‚ people who has a lot of money and people who wants to fit in with everyone else because they don’t care how much it cost at longs they have them. 5. Explain how an item’s target market might affect its price. A= An item’s target market is affect
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