Beand extension example of coca-cola Brand extension sometimes is called brand stretching. It is a marketing strategy in which a firm marketing a product with a well-developed image uses the same brand name in a different product category. The new product is called a spin-off. Organizations use this strategy to increase and leverage brand equity. (Wikipedia 2013) A brand’s "extendibility" depends on how strong consumer’s associations are to the brand’s values and goals. One typical example is
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You are the international manager of a U.S business that has just developed a revolutionary new personal computer than can perform the same functions as existing PC’s but costs only half as much to manufacture. Several patents protect the unique design of this computer. Your CEO has asked you to formulate a recommendation for how to expand into Western Europe. Your options are a) To export from the United States; b) To license a European firm to manufacture and market the computer in Europe;
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four factors(price‚ promotion‚ product‚ place) that make up the core of a business’s marketing strategy. In this step of the marketing planning process‚ marketing mix must be designed to satisfy the wants of target markets and achieve the marketing objectives. The most successful businesses have continually monitored and changed their marketing mix due to respective internal and external factors and have monitored the external business environment in order to maximise their marketing mix components.
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Marketing Communication Objectives and Strategies of Coca Cola Limited Contents 1.0. Introduction Coca Cola Limited is one of the leading soft drinks companies which are operating around the world. The company was started in 1886 and is running successfully for 125 years. Bell (2003) claimed that people in nearly 200 countries drink more than one billion eight-ounce (237 ml) servings of Coca-Cola products every day. So‚ Coca Cola can be said as the favorite brand of the consumers. It has
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The Coca Cola and Pepsi War 1. Why is the soft drink industry so profitable? * The soft drink industry remains profitable because of the market share based on Porters Five Forces. * Coke has protected its recipe for over a hundred years as a trade secret‚ and has gone to great lengths to prevent others from learning its cola formula. The company even left a billion-person market (India) to avoid revealing this information. As a result of extended histories and successful advertising
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Overview The objective of this paper is to examine the factors that contribute to the success of an enterprise towards future 2020‚ by taking a specific enterprise of (Coca-cola company / SIA) for analysis. The research peers into long-term trends of the opportunities and challenges that the enterprise might encounter. At the same time consider in detail of the business model and key features of the enterprise and specific details of the knowledge worker roles‚ and the skills‚ knowledge‚ and attributes
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& ELASTICITY OF COCA – COLA SUBMITTED BY GROUP -9 UNDER THE GUIDANCE OF DR RL CHAWLA INDEX INTRODUCTION DEMAND ANLYSIS DETERMINANTS OF DEMAND SHIFT IN DEMAND CURVE SUPPLY ANALYSIS DETERMINANTS OF SUPPLY SHIFT IN SUPPLY CURVE ELASTICITY ANALYSIS DETERMINANTS OF ELASTICITY PRICE ELASTICITY INCOME ELASTICITY CROSS PRICE ELASTICITY CONCLUSION OBJECTIVE To analyse the demand of coca cola. To analyse the supply of coca cola. To know the elasticity
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Coca-Cola Brand Management Analysis CONTENT A world wide brand –Coca-Cola 3 Coca-Cola Recognition 3 The Other Side of Coke 4 Coke associations (good and bad) 4 Market positioning for Coca-Cola 5 Positioning strategy: Global is Out‚ Local is In 5 Increase the brand equity method 6 Advertising 7 Find big global partner 7 Sponsorship 7 sponsorship for sport: 8 Sponsorship for recreation: 8 Communications & Public Relations 9 In mass media 9 Main competitors in the world
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Distribution strategy of Coca- Cola - March 27th‚ 2011 The Coca-Cola Company is a beverage retailer‚ manufacturer and marketer of non-alcoholic beverage concentrates and syrups. The company is best known for its flagship product Coca-Cola‚ invented by pharmacist John Stith Pemberton in 1886. The Coca-Cola formula and brand was bought in 1889 by Asa Candler who incorporated The Coca-Cola Company in 1892. Besides its namesake Coca-Cola beverage‚ Coca-Cola currently offers more than 500 brands in over
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16/10/2012 Saxion University of Applied Science Module International Business Plan - Mr. J. Oude Rengerink IBMS Project 6 – Gr. C1 Analysis International Strategy; Part 1 – Second Version Tim Herbers (153139) Angelika Kuhn (147613) Sebastiaan Prins (112381) Luc Zijlmans (149689) Saxion University of Applied Science Module International Business Plan - Mr. J. Oude Rengerink IBMS Project 6 – Gr. C1 Analysis International Strategy; Part 1 – Second Version Tim Herbers (153139) Angelika
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