Brand Audit
Coca-cola
In partial fulfillment of the
Requirements for the degree of
BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION
Submitted by:
Santiago, Kevin DJ
March 2011
I. Consumer focused sources of procedures to:
-Assess the health of the brand Coca cola has been top in the market for the last decade or even 2 decades. But can coca cola maintain their top level in the market?
One of the great marketing legend of coca cola is their bottle. That famous bottle was designed so that no matter how many pieces it might be smashed into, each piece would be recognizable as having once been part of a Coca-Cola bottle. What do I mean by that? Even if the logo was removed, or even not recognizable, still Coca cola will be
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Latin America and the Pacific region grew unit case volumes by 4% and 5%, and concentrate sales by 6% and 3%, respectively. Brazil's revenues grew by 12% and Colombia grew by 19%, however unseasonably cold weather in Mexico led to a 2% decrease in sales for the quarter. In the Pacific, both Korea and Indonesia grew more than 10%, unit case volumes in China increased 6% and Coca-Cola's presence in China is twice the size of its largest competitor (on an annual basis). Revenues from Japan decreased 3%, even with a 24% increase in Coke Zero sales, but the company remains significantly ahead of its competitors and its trademark brands have grown five times faster than its competitors trademark brands. In Europe, unit case volumes remained unchanged while concentrate sales decreased 2%. The company's European operations are currently being restructured in preparation for the pending merger with Coca-Cola Enterprises (CCE); in this quarter, the region's ten business units were streamlined into four units. North America was the only region with volume declines; unit case volumes decreased by 2% while concentrate sales were down 6%. The company is currently participating in a number of global campaigns as a
The Coca-Cola Company is the largest manufacturer and marketer of nonalcoholic beverage in the world. The company produces finished product in cans and bottles. The bottlers then sell, distribute and merchandise the resulting Coca-Cola product to retail stores, vending machines, restaurants and food service distributors. 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 Company offers nearly 400 brands in over 200 countries. Throughout this
The 2 companies already strong brand equity, increasing marketing budget for their flagship brands and constant innovation (e.g. freestyle soda machine) should retain customers’ loyalty. By diversifying their product portfolio through new acquisitions and introduction of a variety of new CSDs such as diet products that already proved their profitability and non CSDs, the two companies should be able to respond and adapt to the customers changing demand and preferences such as increasing health concerns, rising interest in sports and nutritional drinks. The international market remains a key opportunity for Coca cola and Pepsi to sustain and increase their profitability. Even though Coca Cola is already a leader on the international level with 80% of sales in contrast with roughly 50% of sales for Pepsi, many foreign untapped markets are still far from being saturated and constitute a good profitable business, especially within the rising economies in Asia, Africa and the Middle East as growth means higher purchasing power. Finally, the two companies’ consolidation of their bottling system again in 2009 should cut down operating costs and increase
Market research is the process where the marketing problems and opportunities are defined through the information gained from the customers. The Market research is also used to help understand the marketing process, which then helps increase the performance of the company’s marketing. Due to the raise of the public awareness of obesity and its consequences, the soft drink companies such as Coca Cola where heavily bombarded with negative publicity. As a result the sales of many soft drink companies have declined. In response to this major companies such as Coca Cola have embraced the idea of quantitative market research to understand the needs of the consumers. To be able to achieve an effective market research the company has spent around $132.8 million on many methods of retrieving information but one of the main method was by surveys. The surveys have shown that the image of the company was associated with unhealthy products, due to the results that were provided Coca Cola was able to understand that to attract more customer the only solution was to change the marketing plan to re- brand the business into a health conscious business.
The Coca-Cola Company is the globes leading and largest beverage company, offering to its consumers with more than five hundred still and sparkling brands. The portfolio of the company features seventy billion dollars brands such as Fanta, Coca-cola Zero and Diet Coke. The societal views of the 1990s greatly differ with the contemporary views especially with regards to issues such as masculinity and feminism. Within the last decades, women have changed the previous anticipation of their roles and have much self-sovereignty when compared to the previous decades. As a result, the advertisers of various products have changed the way through which they sell their brands to these groups of individuals. The paper shall presents how the commercial advertisement for one of its products the Diet Coke have changed over years most specifically focusing on the commercial ad of the year 1990s and that of the year 2014.
It has taken much more than simply the brand and product to grow Coca-Cola in the number one leader in the soft drink market. Over the past 100 plus years, Coca-Cola has built a huge network of distribution and manufacturing networks. These collaborations that are superior to all others and all types of relationships are a distinctive competency for Coca-Cola. The way that they organize and plan their contracts has proven to be extremely successful and continues to keep Coca-Cola at the top of the market. They have been able to build relationships with suppliers, buyers, bottlers, manufactures, retailers and consumers that are strengthened by the degree of loyalty from both sides of these relationships. They continue to manage their company
The costing technique followed by the Coca-cola Company is Process Costing which is one of the forms of Absorption Costing.
The Coca-Cola Company is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands.
The Coca-a-Cola company is huge and is involved in many different environmentally friendly programs. One of which is how they are giving back locally by providing clean water to less fortunate areas.
According to The Coca-Cola Company's 2005 Annual Report, the firm sells beverage products in more than 200 countries. The report further states that of the more than 50 billion beverage servings of all types consumed worldwide, daily, beverages bearing the trademarks owned by or licensed to Coca-Cola account for approximately 1.5 billion (the latest figure in 2010 shows that now they serve 1.6 billion drinks every day. Of these, beverages bearing the trademark "Coca-Cola" or "Coke" accounted for approximately 78% of the company's total gallon sales.
A brand is recognised when a good quality product is produced, promoted and sold giving excellent satisfaction to consumer. With intensified competition in the market, building and maintaining a strong brand is extremely crucial. Brands go through their individual life cycles and brands that represent quality and esteem are able to maintain their position in the market. One of such brand is The Coca Cola Enterprise. The Coca Cola Enterprise is definitely a brand to look up to being the world’s largest beverage company and marketing over 500 non alcoholic beverage brands. The company has been in the market since 1886 that is for 128years now. It owns and markets four of the world top five non alcoholic drink brands which include Coca Cola, Diet Coke, Fanta and Sprite. How has Coca Cola been able to be at the top for such a long time? The answer is because of its excellent brand communication and service quality.
Coca-Cola is an international household brand. Created in 1886, pharmacist and inventor Don S. Pemberton’s now popular beverage made its first debut at Jacob’s Pharmacy in Atlanta, GA. The syrup concoction, which gained its name from Pemberton’s bookkeeper, was mixed with carbonated water and served as a fountain drink. Dr. Pemberton did not conceive the potential of his new invention, because of this he sold shares of the business to various partners Journey Staff, 2017). However, one investor, Asa Candler, a future mayor of Atlanta, savvy business man, and the first president of the Coca-Cola Company, did see the potential and worked diligently to acquire all the rights and control of the business. Eventually Mr. Candler achieved his goal, and in 1893 the Coca-Cola Company was incorporated as a Georgia corporation. By 1895 the meager beginnings of selling nine drinks a day had transformed into a successful brand which was sold in every state and territory in the U.S. (Journey Staff, 2017).
Despite from all the successes of the company during centuries, Coca-Cola has been through many different
Over the years, Coca Cola and Tropicana have been two major products used to campaign NASCAR sporting industry. The two products are produced by the two largest organizations in the United States of America. Coca Cola and Tropicana have been the top products used by NASCAR sporting industry in the marketing campaigns. Declining attendance at NASCAR races during the economic downturn had influenced intense discussion in the motorsport industry. Therefore, the company was engaged with two major industries in order to boost sports. Both Coca-Cola and PepsiCo organizations invested millions of dollars in the world marketing campaign through NASCAR industry in order to market the products. The two organizations are targeting the same markets in different ways. This paper will compare and contrast the way PepsiCo and Coca-Cola use NASCAR industry as a communication medium for advertising and promotions.
In start, I was a little bit confused about the topic. I reviewed the guidelines and initially, I selected
The global beverages industry is currently a low-growth market, with an expected compound annual growth rate of 5.7% between 2017 and 2025 (Grand View Research 2017). Additionally, the industry is quite saturated with firms that offer increasingly differentiated products. However, due to this low growth rate, companies have been engaging in price competition to gain competitive advantage and increase their market share. Nevertheless, Coca Cola is a dominant force in this market, controlling 40% of the industry, and is therefore at a low risk of losing its position.