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Marketing Strategy Of Pepsi Soda Company Essay

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Introduction The famous Coca-Cola soda Industry founded and developed in 1880’s by John Pemberton in America. The company has rapidly grown and spread all over the world. Currently the coke company has been founded in 200 countries and over 84000 suppliers. Despite the great expansion, the company has been facing challenges in global market, where the products are said not to be nutritional. The Coke Company has come up with strategies to enhance international and global competition. Pepsi Soda Company is one of the greatest competitor since it produce the same product. The marketing strategy pursed by the Coke Company has geared the growth and fight global attacks of the products. The company has been advertising the products through medial and sponsoring events such as Olympics, cricket world cup and International Federation of Association Football (FIFA). Considering the global market condition, this marketing strategy is the best since demand of the product will be perfectly elastic. More of the products will be consumed thus increasing sales. As a result the company will continue to make huge profits and sustain the competition in international markets. The Coke Company has been doing well in global market despite the opposition on products. In addition, coke and Monster Beverage Company are exchanging some branding portfolios with an aim of long-term global competition. As quoted earlier, Coca-Cola industry is operating in 200 countries and has over 84000 suppliers.

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