COCA-COLA MARKETING A PROJECT REPORT PRINCIPLES OF MARKETING ANJALI AHUJA B.COM (HONS.) IIIRD YR SECTION A ROLL NO. 7222 SIRAV TALWAR B.COM (HONS.) IIIRD YR SECTION A ROLL NO. 7217 1 INTRODUCTION The History Coca-cola was first introduced by John Syth Pemberton, a pharmacist, in the year 1886 in Atlanta, Georgia when he concocted caramel- coloured syrup in a three legged brass kettle in his backyard Dr Pemberton was skilled doctor and his chemistry work was of high quality. He developed chemical laboratories that were later state run analytical facilities. But he never realised the potential of Coca Cola. There were his successors that developed Coca Cola in the brand it is today. Until 1905 the soft drink …show more content…
Plan of the study Coca-cola is one of the world’s largest beverages selling company. Its business and operations are extended all over the world. I have undertaken this project to look into the coca-cola company and its marketing perspective. 3 The reason for taking up this project is that I wanted to know the marketing strategy, advertising policy, marketing mix, market positioning, and market share of such a huge company. The promotional activities and the advertising policies always attracted my attention. I wanted to know how coca-cola manages its business affairs and operations all over the world so successfully. I wanted to know whether the market strategy helped cocacola in running successfully over such a long period of time. But there were certain limitations as well. There are many aspects of the company on which a wide research could have been done but due to lack of available time and a constraint on word limit, the study could not be done. Lack of availability of data was another such constraint 4 COCA-COLA MARKETING PERSPECTIVE MARKETING Coca Cola advertising targets youth of all generations who want to enjoy life and have fun. Because of its longevity, the youth targeted twenty, thirty or forty years ago is no longer young but it feels like they are still young when with Coke. To name just a
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Coca-Cola was invented by Dr. John Stith Pemberton in Atlanta, Georgia on May 8, 1886. Dr. Pemberton was born on January 8, 1831 in Knoxville, Georgia. He grew up, attended school in Rome, Georgia, and lived there with his family for almost 30 years. He attended Reform Medical College in Macon, Georgia and was licensed to practice medicine at the age of nineteen. He received a graduate degree in pharmacy before the Civil War, but the exact place and date are unknown. During the Civil War, he served as a lieutenant colonel in the Third Georgia Calvary Battalion where he almost
Coca-Cola is one of the most recognizable brands around the globe. The history of Coca-Cola began over a century ago since 1886. Today Coca-Cola sells products in over 300 countries world-wide, and has over 3,000 different beverages. The brand is familiar to people all around the world, and is available in many different varieties. The company takes pride in the development of unique marketing strategies, which have allowed growth and access to various places throughout the world. Their extremely recognizable branding is one of Coca-Cola 's greatest strengths and the simplicity of its bottling is a part of a great marketing strategy (Spring,2002). Coca-Cola makes money primarily from selling
This essay centers on coca cola Company, which is an organization that has been picked in this essay. It should be noted that it is an indisputable fact that coca cola is one of the most successful organizations in the area of drinks and beverages. The strategies used by this organization to sell their product shall be discussed in this aspect. It should be remembered that we have various market strategies used by different companies in order to achieve and sells their product.
Coca-Cola is a carbonated soft drink sold in stores, restaurants, and vending machines in more than 200 countries. Coca Cola was invented in May 1886 by Doctor John Pemberton a pharmacist from Atlanta, Georgia. John Pemberton concocted the Coca Cola formula in a three legged brass kettle in his backyard. The name was a suggestion given by John Pemberton's bookkeeper Frank Robinson.
Coca-Cola was invented by Dr John Stith Pemberton and first went on sale at Jacob’s Pharmacy in Atlanta, Georgia and these days Coca-Cola is the world’s most favourite and most profitable drink from 1886.
Coca Cola has differentiated its product and services that are valued by its customer. Its product are based on customer’s preferences, with affordable price and made easily accessible.
Even though Coca-cola was invented in the late 1800s it was not as widely popular to the general public until later in history, this was widely due to advertising. Created by Dr. John S. Pemberton, Coca-Cola at first was only placed in soda fountains making it not as easily available for the whole country to have access to. Dr. Pemberton then sold his brand to many different businessmen who started to advertise the drink more aggressively to Americans. The businessmen hoped to make Coca-Cola the
Coca-Cola Company has realized significant growth since its establishment to become a global leader in the marketing, manufacturing, and distribution of syrup and soft drinks. Out of the four generic strategies, the company has followed the differentiation strategy to make its products unique in the market. Its interest is to maximize the market share through the development of the most innovative products and the establishment of effective strategies to influence the customer’s decisions. In such a way, the company has integrated various strategies to ensure that desirable results are attained in the market. Its strategic choices align with the differentiation strategy in an attempt to make its products unique and meet diverse market requirements. To reduce its weaknesses, the company should consider exploiting key opportunities in the market including venturing in the packaging of water, promotion of new brands, and launching of healthy products. In particular, the vision and mission statement of Coca-Cola seems to have reconfirmed and changed in this process of company’s strategic analysis.
The Coca-Cola Company is one of the most popular beverage company in the world. The company’s products can be found in nearly every country around the globe and the Coca-Cola trademark has become one of the most recognizable brands on the planet (Hassan, Amos, & Abubakar, 2014). Coca-Cola offers a wide variety of beverages, including carbonated sodas, waters, juices, and energy sports drinks, along with their most popular selling item, Diet Coke. Coca-Cola has been selling their product since 1886 and has successfully grown into a major competitor that no rival has been able to completely match on profits or popularity.
The chosen product for this assignment is Coca – Cola. It is a well known fizzy beverage which has been around from the eighteenth century. The primary target market of the Coca – Cola Company is all customers of all nations that have a thirst for a high – quality beverage from a reputable brand that cares about small communities and saving the environment. This Company is well known for advertising
Looking at these strategies Coca-Cola is trying to catch people’s attention at as many locations in UK possible and to point out the properties of Coca-Cola life as it is supposed to be a healthier version of the original Coca-Cola product in the. The relevance to marketing that this campaign is making is that it’s focused on wide range of above the line advertising in order to raise awareness.
Coca-Cola’s primary market is the carbonated drinks, classic Coke. Reports showed that there are changes in the consumers’ lifestyles. Consumers are more health conscious. Coca-Cola did not introduce any new products to be launch in this new industry. Instead, Coca-Cola tried to introduce new extensions to the brand Coke, like Cherry Coke, Diet Coke and Vanilla Coke, which leads to the decrease in its revenue due to the poor sales of its products.
In this project I will do a detail study of Coca Cola Company. I will study about the market value of Coca Cola and how sustainable the Coca Cola Company is for the people. I will highlight the issues which are faced by Coca Cola and describe the business cycle of the company. I will mention all the strength and capabilities of Coca Cola in coming years.
Coca Cola is the world’s leading manufacturer and distributor in the beverage industry.The economic position of Coca-Cola is determined through careful analysis of the organizations history, market conditions, market trends, and finally the recommendations needed for the future of the organization in their economic position. Overview of the company will consist of the history, industry market, the role of government regulations, and issues or opportunities.
The main concern of the study is to gain knowledge and an idea regarding the promotional strategies used by Coca-Cola UK. As we know promotion is the main marketing tool in a business organisation which can reach customers easily. The companies set specific