Preview

How the Coca Cola Company Markets Its Products and Services

Satisfactory Essays
Open Document
Open Document
653 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How the Coca Cola Company Markets Its Products and Services
Assignment 5.1: How the Coca-Cola Company Markets its Products and Services
Grace Little
Jones International University/ BBA101

How the Coca-Cola Company Markets its Products and Services In general, Coca-Cola beverages are for all consumers; however, there are some brands that target specific consumers. The target market has been defined as multi-cultural youth of age 13 - 24. The Coca-Cola Company 's people say "Coca-Cola Company will target multi cultural youth by identifying common youth struggles and positioning Coca-Cola as a unifying element in diverse youth culture" (ThePaperStore, 2010, pg.15). College kids drink plenty of soda. So perhaps it makes sense that Coca-Cola was the first company to collaborate with UPromise. UPromise is designed to help families save for college and, to assist companies in building brand loyalty. The emphasis on diversity is reflected in the company 's demographics, which is shown in the graph below (All Business, 2000).
US Demographics
Updated May 2010 • Delayed - Next: Nov 2010

Coca-Cola has customized its Facebook page to enable and empower users to post videos and win contest. Effective digital branding aligns brand essence, creativity and strategy to effectively target and capture audiences. (Sparxoo, 2010, 13th pgh.) Coca Cola has a promotion where you can donate you’re My Coke Rewards points to a school in your community. By donating your my Coke Reward points the school gets athletic equipment, classroom supplies, books and more. The company may have more than one promotion running at any given time. Coca-Cola classic is the most popular and biggest selling drink in history, as well as the best-known product in the world (Coca Cola Company,2006-2010). In America, you can get a 20oz bottle of Coca-Cola for about $1.50 to $2.00, and you can get a case of 24 12oz cans for about $4.00 to $5.00. Today you can find Coca-Cola products in virtually every part of the world, sold in the grocery stores, theaters,



References: All Business. (2000), Coca-Cola heads to Class. Retrieved November 3, 2010 from http://www.allbusiness.com/coca-cola/upromise Coca-Cola Company. (2006-2010), Product Descriptions. Retrieved November 3, 2010 from http://www.virtualvendor.coca-cola.com/ft/index.jsp Coca-Cola India. (2008), Kinley Brand. Retrieved November 3, 2010 from http://www.cocacolaindia.com Coca-Cola India. (2008), Maaza Brand. Retrieved November 3, 2010 from http://www.cocacolaindia.com The Paper Store, Inc. (2010), Marketing Plan of Coca-Cola. Retrieved November 3, 2010 from http://www.docstoc.com/docs/7845146/ Quantcast. (2010), Graph of Coca-Cola 's Demographics Report. Retrieved November 3, 2010 from http://quantcast.com/coca-cola.com/demographics Sparxoo. (2010), Digital Branding. Retrieved November 3, 2010 from http://www.sparxoo.com/2010/03/18/brand-dictionary

You May Also Find These Documents Helpful

  • Good Essays

    The Coca-Cola Company is one of the best known brands in the world because of their commitment and effective marketing strategies. The company understands their target markets and the logistics required to have their products reach their customers across the world. The Coca-Cola Company uses an efficient, extensive network of distributors to reach retailers, and ultimately, their consumers, making their products available when and where customers want them.…

    • 813 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The Coca Cola Company. (2010). 2010 Annual Report. Retrieved June 29, 2011, from CocaCola.Com: http://www.thecoca-colacompany.com/ourcompany/ar/pdf/TCCC_2010_Annual_Review_Year_in_Review.pdf…

    • 1861 Words
    • 8 Pages
    Better Essays
  • Better Essays

    Typing Template for APA Papers: A Sample of Proper Formatting for the APA 6th Edition…

    • 895 Words
    • 4 Pages
    Better Essays
  • Best Essays

    The Coca-Cola Company is not just an average beverage company. The Company owns/licenses and markets in excess of 500 nonalcoholic beverage products, mostly sparkling beverages but also a assortment of still beverages, for instance; “waters, boosted waters (for example, Oasis, Powerade and Vitamin Water), juices and juice drinks (for example, Minute Maid and Five Alive), ready-to-drink teas and coffees, and energy and sports drinks” (Coca Cola History, 2013, para. 5). Coca Cola most popular nonalcoholic sparkling beverage brands are Coca-Cola, Diet Coke, Sprite, Fanta, Dr. Pepper and Schweppes which they market worldwide. Coca Cola Company has a market capitalization of “$177.48 billion and is the largest company in the Food and Beverage sector” (Coca Cola Company, 2013, para.1).…

    • 1845 Words
    • 5 Pages
    Best Essays
  • Satisfactory Essays

    Coca-Cola Case Study

    • 303 Words
    • 1 Page

    Coca-Cola uses various segmentation strategies to include and categorize all of its consumers into their beverage market. Coca-Cola has virtually a selecting for everyone on the planet, other than those who naturally prefer Pepsi over Coke. Their “Dieters Segment” appeals to those who are concerned about their weight. Which started with the original Coke and spread to the various versions they offered in late years. Then they created Diet Coke Plus which had added vitamins, which was a customer valued decision. Next there is the “”Real Men” Segment” Which includes Coke Zero, this drink allowed men to purchase low calorie drinks without relating the idea it was very similar to a Diet Coke; “because Diet Coke is for women”. The “Diy Segment” is another segment Coca-Cola has created to divide a extensive target market into subcategories of customers. In this segment otherwise called “Do It Yourself” allowed, consumers to create and mix any possible drink. The new machines are becoming more frequently seen and easily accessible.…

    • 303 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Botha J, Bothma C, Brink A. (2005), Introduction to Marketing, 3rd edition, Cape Town: Juta and Co Ltd.…

    • 5346 Words
    • 22 Pages
    Powerful Essays
  • Better Essays

    A business will diversify by creating a brand new product and marketing it is already familiar market or in a completely new market altogether.…

    • 2828 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Coca Cola is a premium brand as they are known worldwide and people wouldn’t hesitate to buy their products.…

    • 553 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Misuse of Ipads

    • 1734 Words
    • 7 Pages

    The Coca-Cola is one of the most popular and recognizable brands in the world. According to the social surveys, Americans associate “Coca-Cola” with the spirit of patriotism and as a reminder of a traditional American values and the lifestyle (Slater, 2000, p. 202). Coca-Cola being a brand with few decades’ history has a strong organizational culture and well-defined, structured mission and vision directions. On the of official webpage of the company it is said that…

    • 1734 Words
    • 7 Pages
    Good Essays
  • Better Essays

    Coca Cola Marketing

    • 1434 Words
    • 6 Pages

    After the completion of my assignment, I will know more about how Coca Cola’s objective relates to their present market position, and how they plan to uphold their present position.…

    • 1434 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Pricing- Coca-Cola products are priced right about the same as its competitors in that geographic area (varies depending on location). They incorporate a psychological pricing strategy, for example instead of having a 24 pack of cans be $10 they make it $9.98 in order to create the illusion to the customer that it is a lot cheaper than it really is.…

    • 371 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Coca-Cola Business Strategy

    • 8369 Words
    • 34 Pages

    Coca-Cola has been marketed with catching marketing themes such as "Drink Coca-Cola" and "Delicious and Refreshing". After years of globalization and brand building, Coca-Cola proudly pronounces its Mission Statement "The Coca-Cola Company exists to benefit and refresh everyone who is touched by our business". And their goals: The basic proposition of our business is simple, solid and timeless. When we bring refreshment, value, joy and fun to our stakeholders,…

    • 8369 Words
    • 34 Pages
    Powerful Essays
  • Powerful Essays

    Favorite Brand Paper

    • 1366 Words
    • 5 Pages

    Coca-Cola is an exceptional brand because it has created its success with effective marketing tools. First, Coca-Cola incorporates social responsibility to their business. Social responsibility is a company’s obligation to improve its positive effects of society and reduce its negative effects (Perreault et al. 2011). Coca-Cola has mastered this concept by making positive improvements to lessen the effects of production on the planet. The company has prevented 5M metric tons of carbon dioxide…

    • 1366 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    (S2 O1) : Coca-Cola co. is youth sensitive(target market is 12 years old and above). This fact justifies that they will succeed with the use of digital marketing platform.…

    • 390 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Coca Cola Abstract

    • 444 Words
    • 2 Pages

    This project is about the different types of sales and promotions tools used by the Coca-Cola Company to attract customers towards their product. This will includes that advertisements and sales promotions are very important tool in today scenario. This project is essential reading for any serious…

    • 444 Words
    • 2 Pages
    Satisfactory Essays