Executive Summary Of Coca Cola

What makes the Coca-Cola brand so successful is not simply the product, as by taste it is not superior to that of PepsiCo’s or even other competitors but it is the brand itself and the lifestyle associated with it. Coca-Cola does not simply sell a beverage in a bottle; it sells happiness in a bottle. The company is regularly at work on new graphic designs and packaging for many of their products to appeal to a different crowd (Warkentin, 2014b).

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.

Its Strengths- it is a brand with international repute, a leading beverage company with products being offered in more than 200 countries, it is popular, it sells and manufactures a variety of products to meet a variety of consumer needs, it has a robust marketing and advertising strategy, and it has strong customer loyalty.

Coca- Cola Company is US multinational beverage corporation, with 129 years of history. Coca Cola was recognized as 4th world’s most valuable brands and most valuable brand in beverage industry in 2014 according to Forbes magazine. Coca-Cola’s international market strategies are the classic example of successful Global Marketing Mix, which uses both standardization-adaptation strategic combinations to achieve bigger market shares all over the world. However in a big game there are always big players, and Coca Cola’s most fierce rivalry is Pepsi. Both of them control around 60% of global nonalcoholic beverages industry as well as they are present in more that 200 countries around the world. Coca Cola as long-term leader in the beverage market owns huge portfolio of 500 brands. So

produces syrup concentrate, which is then sold to various bottlers throughout the world who hold

His excellent marketing tactics have led Coca Cola company to the first place in the world of soft drinks, Coca Cola's success in a market of soft drinks is unbeatable and undeniable.

Coca Cola has settled on numerous pricing choices yet there is doubtlessly their definitive objective to amplify shareholder esteem. Hence, Coca Cola uses lower value point to infiltrate new markets that are particularly delicate to cost. Coca Cola does that to face the opposition and to raise brand mindfulness among the populace. When it is firmly executed, it re positions itself as a premium contrasted with various contenders. The brand has a picture of acquiring impalpable advantage way of life, gathering association, snippet of bliss & satisfaction. However the advertising technique still concentrates on a reasonable pleasure in life (Coca-Cola Company

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 the world’s leading soft drink maker and the have operations set up in at least 200 different countries around the world. Coca-Cola’s marketing mix is a variety of sparkling and still beverages. They generate roughly 60% of its revenue and about 80% its operating profit from outside of the United States. Coca-Cola’s marketing team has had a great deal of success through the years. In 2015, Coca-Cola had captured 49% of the of the global market share followed by PepsiCo at 21% of the market share and Dr. Pepper and Snapple at 4%. (15)

Coca cola is a largest multinational Soft drink. It is the Produced by the Cambodia, Ethiopia, Kenya, Mozambique, Namibia, Nepal and many country. The functional area is two type. There is internal and external. Coca Cola Company Main Business functions areas are Accounting, Finance, Marketing, Production, Human Resource management, IT Support, Other functions, Research and development,

A lot of people view Coca-Cola as a part of their routine life. This strong empathy between the brand and the consumer results in a high degree of loyalty and renders the purchasing decision

Coca-Cola is a globally recognized beverage company. Most of its products are well-known, but some of its newer beverages consumers do not associate with the brand. Coke’s product offerings include water, soft drinks, and energy drinks. However, when the average consumer thinks of Coca-Cola products, coffee-based beverages do not come to mind. The main reason for this is Coca-Cola’s lack of offering a

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.

Coca-Cola grew from a small business serving a small local area on the late 1800’s to one of the largest manufacturers of carbonated beverages. Over the 125 years Coca-Cola has been operating the company has introduced many firsts to the beverage industry, from making the product mobile to unique packaging that can be easily distinguished from other brands. Coke over the years has produced iconic products associated with the advertisement of their products that are now collectibles including vending machines, serving trays and calendars. Coca-Cola is the story of innovative advertising that supported a well-placed product. (Coca-Cola, 2011)

Brand Awareness: Coca Cola has the highest brand awareness among any soft drink brands. It is ranked 4th on Forbes Most Valuable Brands List.