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Marketing Plan-Bubble Buzz

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EXECUTIVE SUMMARY
The following marketing plan forms the basis for the introduction of an innovative new product by the Coca-Cola Company. The analysis allows us to outline the best strategies to follow for the achievement of the company’s strategic goals. “Bubble buzz” will be marketed as a unique functional drink while striving to reinforce the company’s status as the leader in innovation and successful product launches. The marketing strategies will enable to reach a market size of an estimated 10 milion people (targeted) with a forecasted sales growth prospect of 10% over the next 5 years (tk100 crore profits), while satisfying the needs of the still-unserved market for ready-to-drink bubble tea. Success will be reflected by a …show more content…

Estimates are forecasting a growth of 8.2% in sales and 12 % in volume consumption by the end of 2009 .

SWOT ANALYSIS (Strengths and weaknesses, opportunities and threats)
|Strengths |Weaknesses |
|Brand strength |Reliant upon line extensions |
|Effective stride in new markets |Reliant upon particular carbonated drinks |
|Results of operations |Brand dilution |
|Strong existing distribution channels |Entrance into difficult non-core categories |
| |Saturation of carbonated soft drink segment |
|Opportunities |Threats |
|New product introductions |Strong competition |
|Brand is attractive to global partners |Potential health issues |

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