Target Market Of Pepsi

Target market refers to the group of customers that a given business aims to satisfy and serve in its marketing initiatives (Dave,2010). The company has a huge target market. Nike offers a a wide product rage with which it targets specific groups of individuals. The company strives to meet the sppec9ific requirements of a group of

The first P of marketing is product, or in this case service, the commercial was about Taco Bell’s breakfast service. The service is about giving people another fast food breakfast option. Taco Bell offers some novel concepts and familiar favorites to typical fast food breakfast options. I do not feel that there is a specific demographic or group of people that the service is for. I think it is just for the general public. It’s a convenience service where they offer breakfast food fast that is easy to eat. If I had to choose a target consumer group for the service it would be people that already eat fast food breakfast elsewhere.

Coca Cola and Pepsi are the brands with the highest brand equities. Both, Coca Cola and Pepsi have gone through the highs and lows of their business to reach that position. Coca Cola’s marketing has been changing over time with more and more products being added every day, while Pepsi has implemented several smart marketing strategies to improve its turnover and profits. So, let’s see what were the marketing strategies implemented by Coca Cola and Pepsi.

Coke’s commercials basically grounded on young generations, so the young generation is the target market of Coke because they want to signify Coke with the youth and energy but they also take the old people into consideration they take then as a co-target market.

Geographic segmentation is when you focus on a group of consumers due to their location (Baines and Fill, 2014) and is important for this particular product, as it is only available in a few

Coca-Cola’s customer segments meet the needs of every age and every lifestyle. They provide a variety of products from different flavored sodas to soy based drinks. They have a drink that targets every age group. For kids and adults, they have

Each and every player of soft drink industry mainly targets the age group of 15 to 30. Though some brands only focus to the urban people and some targets only to rural people. Some targets only to female and some targets to male only.

In addition, PepsiCo International division includes all the PepsiCo snacks, beverages, and food items sold outside North America. They are doing extremely well in emerging markets such as Russia, the Middle East, and Turkey. As for Chile, the sales are a little lousy. They find that the Power of One strategy works there since Frito-Lay has 90 percent of the market. Again, the Power of One strategy is simply placing PepsiCo products next to Frito-Lay products.

The Pepsi Advertisement for the summer, featuring Sofia Veraga implies an overall attractive appearance. "Modern Family" star Sofia Vergara has been turning heads for most of her life. Since the age of 17, Veraga has been featured in serval Pepsi AD’s since the1980's, the Colombian beauty was shown in her first commercial showing off her curves in a skimpy bikini. While her career has moved on a lot since her first commercial, there is one thing which has barely changed, her outstanding figure. In her most recent advert for Pepsi the 40-year-old was shown with brown hair, brown eyes and tan skin wearing a blue woven hat and a blue halter top against a solid, in a lighter blue background. As well wearing bright red lipstick, eye makeup and earrings. then the actress has known for her shapely figure which is often the focus of media attention. The ad reinforces the idea that diet Pepsi is a drink for those who are concerned with achieving and maintaining a slim figure themselves.

Moreover, Pepsi attempted to differentiate its products from Coke's by targeting a different category of consumers, as Pepsi focused on the teen's market segment. The competition goes beyond the domestic market. Coke and Pepsi have fought over international markets in order to increase sales and profitability as the US market becomes more mature, with a slowing growth rate.

1.) Why do companies like Pepsi need to globalize? What are the various ways in which foreign companies can enter a foreign market? What hurdles and problems did Pepsi Face when it tried to enter India during the 1980s?

Long before now has branding been considered as one of the peripheral aspects of business. Manufacturers, investors and other key players focused on the product without paying much attention to the consumer. But as the business landscape got tougher, marketing became not just an integral part of business but one of the fundamental principles of success.

Pepsi-Cola brand is a brand that has been established within the refreshment industry since the 19th century. Pepsi pride the business of consumer products in beverages and snacks, on being one of the best in the world. They seek

A strategic plan for PepsiCo North America is hereby proposed as follows for the geographical region of the national

Pepsi Co 's assignment taken as a whole is to amplify the value of its shareholder 's investment through sales intensification, expenditure gearshift and prudent investment of resources (Bongiorno, 1996, p 71). In this pose, Pepsi believes that its moneymaking triumph depends on providing safe and quality drink to its consumers and customers while adhering to the highest standards of truthfulness. Pepsi Co 's product portfolio encompasses sixteen labels that produce enough cash for the company. The most popular of these brands include Pepsi Cola, and Mountain Dew.