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Marketing Plan For Coca Cola

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1. Executive Summary Evio is the new product by Coca-Cola, which maintains the good taste of diet coke, and meanwhile, provides great energy for the consumers. Especially, Evio contains much less calories and sugar than diet coke. The new product is especially targeted at young consumers aged 25-40, who pursues a healthy and energetic lifestyle. Evio will be offered in several key markets like the US, Australia and China. In the recent years, the major cause for Coca-Cola’s market decline was that people pay attention to importance of health and turned to healthier drinks with fewer calories (Kell n. pag.). Therefore, Coca-Cola is likely to benefit from Evio in three aspects. First, Evio will update consumers’ understanding of Coke. …show more content…

Coca-Cola spends huge amounts of fund on marketing every year to remain its competitiveness. However, recently, Coca-Cola had a weak global growth. The sales volume of soda is not so satisfactory. Coke is claimed to have too many calories and sugar, thus being bad to health, as a result of which, consumers turn their attention to other drinks (Kell n. pag.). In this circumstance, it is of great significance for Coca-Cola to develop a new product that carries forward the classic flavor but overcomes the disadvantages of the diet coke. Especially, this new product should be more targeted at the consumers with an immense consumption potential. Evio is such a new product. It will update consumers’ knowledge about coke and leads Coca-Cola to a new height in terms of world fame and market growth. 3. Strategic Focus Evio has three unique selling points. Firstly, it still has the good taste of diet coke. Actually, Coca-Cola released weight-reducing, Coca Cola Plus, but consumers seem to dislike the taste (McCarthy n.pag.). Consumers felt the taste of Coca Cola Plus should be improved. Secondly, Evio will make drinkers more energetic. As mentioned, consumers aged 25-40 are often busy with study or work, so they need a drink to make them vigorous. These consumers tend to choose energy drinks more often. Thirdly, Evio contains much fewer calories and

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