Preview

Brand Value Pyramid for Coke

Satisfactory Essays
Open Document
Open Document
364 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Brand Value Pyramid for Coke
Assignment 1
Brand Management

08/03/13
Submitted by
Mehvash Zameer

Brand Association Questions:
The answer to brand association questions were taken from 5 very loyal customers of coke. Following is a cumulative response to the questions: 1. First thing that comes to mind with Coke: * Energy * Awake * The color Red * The bottle * Drink

2. Strengths and weaknesses of the brand: Strengths | Weaknesses | Taste | Not easily available everywhere | Strength | Brand extensions have created confusions | Instant rejuvenation | Does not come in a buddy pack | Goes well with chips, pizza and burger | Feeling of burping after drinking | Good taste | | Good advertisements | | Easily available | |

3. Factors contributing to perceptions of these strengths and weaknesses: * The shopping experience * Availability issue * The taste of the brand * Eating * Personal experience with the brand

4. Brands considered before buying Coke: * Pepsi * Sprite

5. Perceptions of other brands considered: Pepsi | Sprite | Strong as compared to coke | No caffeine | Sweeter in taste | Expensive for quality of drink given | Has more gas in it | Bubbly flavor | Taste is a weakness | |

6. Why to choose Coke? * Because of the taste * Gives strength * As substitute for Pepsi

7. Has coke met your expectations and needs:
Yes

8. Benefits that coke has provided : * Good taste * Sense of satisfaction * Sense of being alive

9. Experience with the brand before you made the purchase...as you used the product...after you used it? * Good * Excellent in all phases

10. Exactly what you bought when you purchased our product or service : * Coke and chips * Taste * Satisfaction * Energy

11. When describing our brand to another potential buyer, how would you describe it? * Great taste * Better than Pepsi * Extremely useful as a drain opener * Extremely good to have with chips

You May Also Find These Documents Helpful

  • Good Essays

    Mr. Mcgill

    • 818 Words
    • 4 Pages

    Sullivan, T. Vu, D. DiSalle, J. McDevitt, K. (2009). Consumer Preferences Among Coke Zero, Diet Coke, and Coca-Cola Classic. Retrieved June 28, from trey-sullivan.com/images/CocaCola.docx‎…

    • 818 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Coke vs Pepsi

    • 369 Words
    • 2 Pages

    As we all know, Coca-Cola and Pepsi have been rivals for centuries. While most people have their own preference on which cola they prefer, they have no idea what makes these two cola brands so similar yet so different. While both are similar in color and taste, the biggest difference between these two brands are their sugar level. Coca-Cola, the dominant coke brand, contains less sugar compared to that of Pepsi’s. Furthermore, these two world renowned colas are said to help regain energy because of its caffeine content. In addition, Pepsi has higher caffeine content and contains more calories compared to Coke. These two cola types carbonated drinks are slightly different in taste. Coca-Cola has a slight vanilla taste to it while Pepsi has a sort of citrusy taste to it. When poured into a glass, Coca-Cola produces more “fizz” even though it is much smoother when swallowed. On the other hand, Pepsi maintains its fizzy sensation when swallowed. Despite all these differences, most people can barely tell the difference between these two colas in a blind-folded taste test. There was an experiment conducted to test students’ preference on both colas. According to Woolfolk and her associates (185-186), most college student Coke drinkers prefer Pepsi in a test where Pepsi and Coke are labeled as S and L respectively. They have concluded that college students prefer the letter S compared to L. They had conducted an experiment where both cups S and L contained half Coke and half Pepsi. Regardless of the type of cola, the students preferred cola S over cola L in 85 percent of the cases. This has proved that students’ preference on their favorite cola did not result from the preference for different colas, but the preferences for certain letters. In conclusion, these two colas’ have differences so slight that most consumers cannot even tell.…

    • 369 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Coke Zero Behavior Intention

    • 9027 Words
    • 37 Pages

    Table 3: Favorite Soft Drink Brand 27 Table 4: Importance of Criteria 28 Table 5: Calories Concern * Gender Crosstabulation 29 Table 6: Coke Zero Recognition 29 Table 7: Media 30 Table 8: Times Drinking Coke Zero within last week 31…

    • 9027 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    This is an interesting topic because it tells us how the Coca-Cola Company maintained a strong brand identity in the global markets over the years and how it built that brand image in the first place. It also tells us about how Coca-Cola could persuade various people with different cultural backgrounds and ideologies to buy the same product.…

    • 5704 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Introduction: Coke and its catalogue of close to 400 brands, it was founded in 1886 by and Atlanta pharmacist John Pemberton and later trademarked in 1893. The Coca-Cola Company is the world 's largest beverage company and is the leading producer and marketer of soft drinks. Along with Coca-Cola, recognized as the world 's best-known brand. The Coca-Cola Co markets four of the world 's top five soft drink brands, including diet Coke, Fanta and Sprite. Through the world 's largest distribution system, consumers in nearly 200 countries get to enjoy Coca-Cola products everyday. Once a nerve stimulant and headache remedy the Coca Cola Brand has grown to be a house hold name and commodity. There are many reasons Coca-Cola tops Interbrand 's 2010 Best Global Brands study, followed by IBM and Microsoft. Financial analyst: Ratio Type Coca Cola Inc: Key Ratios Company: Coca Cola Industry Average…

    • 1137 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Coca Cola Case

    • 858 Words
    • 4 Pages

    Coca-Cola began working with franchised bottles to be made available wherever and whenever a consumer might want it. It also initiated “lifestyle” advertising, emphasizing the role of Coke in a consumer’s life. In the early 1970s, the US soft-drinks market was on the verge of maturity, and as the major players, Coke and Pepsi offered products that 'looked the same and tasted the same,’ substantial market share growth seemed unlikely. However, Coke and Pepsi kept revitalizing the market through product modifications and pricing/promotion/distribution tactics. The soft drink industry sold to consumers through five principal channels: food stores, convenience and gas, fountain, vending, and mass merchandisers.…

    • 858 Words
    • 4 Pages
    Good 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
  • Powerful Essays

    For many years, Coca Cola and Pepsi have enjoyed the position as the two most enjoyed soft drinks in the USA, as they have maintained their popularity over the past several decades. One can divide soft drink fans into two major camps: Coke-lovers and Pepsi-lovers. Each of the camps substantiates its favoritism not only on flavor, but also on ideas, facts, and preferences that justify its choice and allow it to stay true to its selection. The following analysis of the history of Pepsi and Coca Cola explores Pepsi and Coke with an emphasis on advertising and cultural significance of these efforts, discovering what makes these soft drinks so popular and what differentiates them from each other. What emerges is that there is little in the way of differences between Coke and Pepsi outside of different cultural histories.…

    • 4413 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Coca-cola and Pepsi

    • 401 Words
    • 2 Pages

    In Brand Association where we had chosen four other factors besides the product attribute, Pepsi was ranked third among the brands, this indicates that the brand has got promise in terms of the overall brand image and respondents still associate good qualities with the brand name.…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The world’s two largest soft drinks, Pepsi and Coca-Cola experienced numerous unexpected problems and difficulties, leading them to learn that marketing and competing in India requires a special type of knowledge and local skills to become successful. Working in America is not always going to be similar as working overseas.…

    • 395 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mission Statements

    • 555 Words
    • 3 Pages

    The Coca-Cola Company provides their consumers with soda beverages as a product. They wish to offer each costumer with “magic every time someone drinks one of its more than 500 brands (Coca-Cola History: Coca-Cola Heritage Timeline).”…

    • 555 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    c)Many of you might think that cola not addictive, you will be amazed to learn that that cola increases the risk for diseases and addictive. Coca-Cola is really addictive. When you are thirsty, consciousness draws in the head with a bottle of Coke. For example, in New Zealand 30 year old Natasha Harris died of Coca Cola. Doctors say that she drank more than…

    • 448 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Thanks for your kind responses to the survey conducted to determine consumer behavior while selecting a soft-drink. Original survey link in case you need to refer to the questions: https://qtrial.qualtrics.com/SE/?SID=SV_db3jJivj7IzxwuU…

    • 1126 Words
    • 5 Pages
    Better Essays
  • Best Essays

    What is the Marketing Mix Of 4Ps Of Coca Cola? (2012) blurtit [online]. Available at:…

    • 1594 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Brand Elements Research: Coca-Cola Qi Lv R0477233 Business Economics Faculty Prof Dr. Luk Warlop Brand management 1.…

    • 1500 Words
    • 8 Pages
    Good Essays