Preview

Recommending a Marketing Mix for a Product or Service

Best Essays
Open Document
Open Document
1594 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Recommending a Marketing Mix for a Product or Service
Topic: Recommending a Marketing Mix for a Product or Service Executive Summary This report mainly talked about a product-Pepsi. In this report, the purpose was compared and contrasted which 4Ps is better to the Pepsi and wanted more people to buy it. The thesis was compare and contrasts the Pepsi with the competitor - Coca Cola. So the report needed find some information and interview some people. The key finding was that SWOT and 4Ps is very important to the product. And the key conclusion and recommendation was the first 4Ps is better than the second one. 1.0 Introduction 2.1 State the objectives of the research
I would make a marketing mix for the Pepsi. 2.2 Present the context 2.3.1 Describe its uses and applications
There are many uses and application in Pepsi. The most basic use is to drink. Another uses is add some ginger in Pepsi, it is good in prevention and treatment of colds and this is enough to drive away the chill. 2.3.2 Describe the target market
Pepsi is a product in PepsiCo. There are four steps in target market: analysis of market, select the target, determine the market and marketing. And there are four strategies in Pepsi: product strategy, pricing strategy, channel strategy and marketing strategy. The target market is for young people. 2.3.3 State the key success factors in this market
There are many success factors in Pepsi. First, the price is very cheap-just 3 Yuan per bottle so many people can afford it. And in 1981, Pepsi successfully develop the Chinese market and be the one of the business partner in China. PepsiCo established more than 40 companies in China and the total investment is more than 1 billion dollars. The employs are nearly 10000 people and provide employment opportunities (baike.baidu, 2012). So these are the key to success. 2.3.4 Give your reason for choosing this product/service
The reason for choosing this product is that Pepsi is one of my favorite drinks.



References: Coca Cola SWOT Analysis (2012) Free SWOT Analysis [online]. Available at: http://www.freeswotanalysis.com/soft_drink_and_beverage/24-coca-cola-swot-analysis.html [Accessed 29 November 2012] Pepsi (2012) baike.baidu [online] SWOT Analysis of Coca Cola (2009) ZIMBIO [online]. Available at: http://www.zimbio.com/Business+Planning+and+Control+Systems/articles/JXWGlyIfWuA/SWOT+Analysis+of+Coca+Cola [Accessed 17 November 2012] SWOT Analysis of Coca-Cola Company (2012) MBA Lectures [online] SWOT Analysis PepsiCo (2012) marketingteacher [online]. Available at: http://www.marketingteacher.com/swot/pepsi-swot.html [Accessed 30 November 2012] What are 4Ps of Pepsi Marketing? (2012) Blurtit [online] What is the Marketing Mix Of 4Ps Of Coca Cola? (2012) blurtit [online]. Available at: http://www.blurtit.com/q715308.html

You May Also Find These Documents Helpful

  • Better Essays

    Fin/370 Pepsico Essay

    • 1555 Words
    • 7 Pages

    Pepsi like many companies needs to grow to continue to make money. This is a broad statement and works the same for every business operating in any market. Pepsi has recognized this need and has come up with a few initiatives to make this happen. Pepsi decided that the best way to make their company stronger was to build up their current brands and make their distribution practices more streamline and economic. Pepsi has dedicated more than $500 million dollars for this purpose and plans to continue to report positive growth because of this initiative. The plan is to increase the marketing in North America and make the already iconic beverages more of a household name. The thinking behind this is that if the products are in the consumers face, they will be more likely to purchase the products Pepsi offers ensuring positive growth for the shareholders. Although Pepsi has decided to back the most known brands, Pepsi will still continue to bring new snacks and beverages to the market because different factors affect the consumption of the already strong branded products. Because upper level management knows that consumer wants and tastes play a large role in how the public buys snacks, Pepsi has committed to make changes to respond to customer wants and changing tastes in different areas.…

    • 1555 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    The strategy that PepsiCo is currently taking is a major strength in getting the attention of its…

    • 275 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Pepsi has many teams that work together in the beverage and snack departments to research and make sure that the proper choices are made and they can continue to grow in every aspect of the company whether it is in the United States or in one of the many other countries that they have companies in.…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    BRIEF HISTORY OF PEPSI

    • 18286 Words
    • 74 Pages

    In this project we have analyzed the different aspects of the worldwide renowned brand name known as Pepsi in this project we have observed the history then we have seen the buying process which the consumers go through when buying the Pepsi. Then we have seen the worth and financial position of Pepsi as a brand in the world and seen its revenues and net incomes currently. We have also gone through the competitors which Pepsi has in the market and what position it holds in the Pakistani market currently.…

    • 18286 Words
    • 74 Pages
    Satisfactory Essays
  • Powerful Essays

    Cola Wars

    • 3319 Words
    • 14 Pages

    The eight key concepts analysis is applied to identify the key issues with regard to both Coca-Cola and Pepsi. The outcome of the analysis is utilized to establish the new strategy for both companies. The key issues for each concept are described in this paragraph.…

    • 3319 Words
    • 14 Pages
    Powerful Essays
  • Best Essays

    Swot Analysis: Pepsi

    • 2087 Words
    • 9 Pages

    Broadening of Product Base International Expansion Growing Snacks of new flavors and Bottled Water market in U.S.…

    • 2087 Words
    • 9 Pages
    Best Essays
  • Good Essays

    Cola War

    • 1373 Words
    • 6 Pages

    The Coca-Cola Company has enjoyed a long and successful history; however, it has made mistakes. Though success has not always come easy or cheap, Coca-Cola has maintained a large loyal consumer base. As an icon in America and around the world, the company can be credited for listening to and catering to the requests and needs of its consumers. This is why its attempt to launch new flavors must be carefully considered to ensure not only acceptance by the target market, but continued loyalty to the brand.…

    • 1373 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Pepsi Co is a global food and beverage leader with net revenues of more than $65 billion (Pepsico.com, 2012). Pepsi Co began its life in the summer of 1893. In 1893 Caleb Bradham invented “Brad’s Drink” or Pepsi Cola as it is called today (Pepsistore.com, 2012). By 1898 Caleb Bradham bought a trade name of “Pep Cola” from a competitor who had gone out of business. On December 24, 1902 the Pepsi Cola Company was incorporated (Pepsistore.com, 2012). The following June the Pepsi Cola Syrup was registered with the US Patent Office for use in the fountain machines in the drug stores Caleb Bradham operated. After opening a second drug store with the drink at the fountain, Caleb began to bottle the drink. This same year the Pepsi Cola franchise began. By 1910 250 franchises in 24 states had formed (Pepsistore.com, 2012). Due to poor choices in 1923 Pepsi Cola went bankrupt and Caleb Bradham sold Pepsi Cola to the Craven Holding Corporation. Craven Holding Corporation was the first of many different owners of the Pepsi Cola Corporation. Pepsi Cola endured a second bankruptcy before being bought by Charles G Guth a successful operator of a chain of candy stores. Under this operator Pepsi Cola disembarked a poor working relationship with Coca Cola and soon became a successful national brand again. International expansion began in the 1930’s when the trademark was registered in Latin America and the Soviet Union. During this time bottling franchises had began in Canada. Pepsi retained its American icon theme through out the 40’s and 50’s continuing to grow successfully under the leadership of Charles G Guth. During the initial 45 years of operation Pepsi Cola only sold one product, Pepsi Cola (Pepsiusa.com, 2012). In 1964 Diet Pepsi and Mountain Dew were born into the Pepsi Cola Corporation. By 1965 Pepsi Cola Corporation merged with Frito-Lay Incorporated to form the…

    • 971 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Pepsi Co

    • 4695 Words
    • 19 Pages

    Pepsi has a big tough competitive environment and it affects Pepsi in a very pressurized way and they have to cope up with that pressure to maintain their position in the market and good relationship with its target customers.…

    • 4695 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Term Paper on Pepsico

    • 3440 Words
    • 14 Pages

    PepsiCo can be categorized as a multinational company (MNC) as it maintains significant operations in multiple countries but manages mainly from its base in their home country USA. Pepsi-Cola began selling its products internationally in 1934 with its operations in Canada. {Operations grew rapidly in the 1950’s. Key international markets include Argentina, Brazil, China, India, Mexico, Philippines, Saudi Arabia, Spain, Thailand and the United Kingdom. PepsiCo Beverages International, also produces, sells and distributes Gatorade sports drinks as well as Tropicana and other juices internationally.}…

    • 3440 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Marketing

    • 1483 Words
    • 6 Pages

    PepsiCo’s mission is “To be the world's premier consumer-products company focused on convenient foods and beverages. We seek to produce healthy financial rewards to investors as we provide opportunities for growth and enrichment to our employees, our business partners and the communities in…

    • 1483 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Strategic Hr

    • 8486 Words
    • 34 Pages

    The Coca-Cola Company, the world’s leading soft drinks company, has a stated aim to double its size over the 2010 to 2020 decade. However, with US sales on the decline and regular carbonates losing their appeal, the company needs growth to come in the BRIC countries and in low calorie drinks. In this report, Euromonitor International assesses The Coca-Cola Company’s chances of succeeding in its quest for growth.…

    • 8486 Words
    • 34 Pages
    Satisfactory Essays
  • Powerful Essays

    Market Research on Pepsi

    • 4801 Words
    • 20 Pages

    We, Aamer Rushnaiwala, Priyanka Kawatra, Meenakshi Mishra, Shakeb Khan, Tanuj Arora & Sudeepta Barua; Students of IILM Gurgaon, 1st year, Seminar 1, Group 5 have undergone careful Market Research on various factors affecting Pepsi & its personification.…

    • 4801 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    coke vs pepsi

    • 2282 Words
    • 7 Pages

    wo of the largest and most profitable corporations in the United States are the Atlanta, Georgia based Coca-Cola Company and the New York based Pepsi Cola Company. While both are called "colas" they both attempt to address the same target tastes but from different approaches. Coke was the first on market with what is still a "secret" formula and Pepsi followed with a similar (not exact) taste. Since taste is very much a factor of your personal likes, either or neither may appeal to you or seem sweeter (Inforefuge.com. 2011). This paper will discuss the similarities and differences in the processes used by Coca-Cola and PepsiCo for place, price, and promotion.…

    • 2282 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Pepsi has always formulated advertising strategies keeping in mind its target group. Its target group has always been the youth. Pepsi’s basic advertising techniques:…

    • 840 Words
    • 4 Pages
    Satisfactory Essays

Related Topics