Beand extension example of coca-cola Brand extension sometimes is called brand stretching. It is a marketing strategy in which a firm marketing a product with a well-developed image uses the same brand name in a different product category. The new product is called a spin-off. Organizations use this strategy to increase and leverage brand equity. (Wikipedia 2013) A brand’s "extendibility" depends on how strong consumer’s associations are to the brand’s values and goals. One typical example is
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to Brazilian Market Research Association classification of five social classes‚ class C accounts for 28% of the total national consumption of soft drinks and these class C people favor price affordability at comparable quality. • Per Capita Consumption of Soft Drink in Brazil is increasing by average rate of 17.37% per year. In year 2003 it was 95.3 liters & projected 104.9 liters in 2008 indicating growth. • As of 2003‚ the Coca Cola brand (regular and diet) was the leader in the Brazilian soft
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Coca-Cola New Vending Machine: Pricing To Capture Value or Not? Coca-Cola‚ the renowned beverage is a flagship product of The Coca-Cola Company. The company is not only a manufacturer but also a distributor and a marketer of many other non-alcoholic beverage concentrates and syrups. Coca-Cola was invented by pharmacist John Stith Pemberton in 1886. The Coca-Cola formula and brand was bought in 1889 by Asa Candler who incorporated it in The Coca-Cola Company in 1892. Besides its namesake Coca-Cola
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Coca-cola – Greener than ever Submitted in Partial Fulfillment of the Course Requirements for Sustainability Project Management PROJ 591 08/9/2012 This year marks the 125th anniversary of my beverage of choice - Coca-Cola. Coca-Cola was created in Atlanta‚ Georgia‚ by pharmacist Dr. John Pemberton on May 8th‚ 1886 and in its first year only 9 glasses of the beverage were sold. Today‚ the Coca-Cola company sells 1.7 billion beverage servings per day on
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Core values and beliefs: Coca-Cola has the most valuable brand name in the world‚ and as one of the most visible companies worldwide. The culture of it is defined by the seven core values: leadership‚ the courage to shape a better future; passion‚ Committed in heart and mind; Leverage collective genius; integrity‚ be real; collaboration‚ diversity‚ as inclusive as our brands; quality‚ what we do‚ we do well; and accountability. The central promise is to refresh the world in mind‚ body‚ and spirit
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with its namesake beverage‚ Pepsi-Cola‚ invented by a pharmacist named Caleb Bradham in 1898 in New Bern‚ North Carolina. With its main ingredients pepsin and kola nuts‚ Pepsi-Cola offered a refreshing drink that was healthy and capable of aiding in digestion brought about by the pepsin enzyme found in the soda. Well received by the public‚ Pepsi Cola was soon patented in 1902 and was readily available throughout 24 states in America by 1910. In 1935‚ the Pepsi-Cola Company founded by Caleb Bradham
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You are the international manager of a U.S business that has just developed a revolutionary new personal computer than can perform the same functions as existing PC’s but costs only half as much to manufacture. Several patents protect the unique design of this computer. Your CEO has asked you to formulate a recommendation for how to expand into Western Europe. Your options are a) To export from the United States; b) To license a European firm to manufacture and market the computer in Europe;
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Introduction The carbonated soft drinks’ (CSD’s) sector is dominated by three major players: Coke is dominant company of the soft drink industry and boasts a global market share of around 44%‚ followed by PepsiCo at about 31%‚ and Cadbury Schweppes at 14.7% (Exhibit 3). Separately from these major players‚ smaller companies such as Cott Corporation and Royal Crown form the remaining market share. Coke and Pepsi are the main pieces of this market. They struggle for over a century to conquer the
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DR. UNITES STATES INTENATIONAL UNIVERSITY (USIU) MASTERS OF BUSINESS ADMINISTRATION (MBA) MKT 6000: MARKETING MANAGEMENT INSTRUCTOR: DR. PETER KIRIRI Marketing – Term Paper “The Coca-Cola Company” Study Conducted by: Priyanka L. Divecha ID No: 638817 Dated: 14/04/2013 Table of Contents 1.0 INTRODUCTION ....................................................................................................................................... 3 1.1 Background of the Study ..........
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Developing The Marketing Mix The marketing mix is probably the most crucial stage of the marketing planning process. This is where the marketing tactics for each product are determined. The marketing mix refers to the combination of the four factors(price‚ promotion‚ product‚ place) that make up the core of a business’s marketing strategy. In this step of the marketing planning process‚ marketing mix must be designed to satisfy the wants of target markets and achieve the marketing objectives
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