RUNNING head: THE COCA-COLA MARKETING MIX The Coca-Cola Marketing Mix 1 2 THE COCA-COLA MARKETING MIX Abstract The marketing mix is known as the 4 P’s or the product‚ price‚ place and promotion of Marketing. It is a marketing strategy that company’s use to estimate the value and determine the methods of advertising and distributing its products. Coca-Cola has been long admired for its approach to marketing. Over its 127 year history‚ Coca-Cola’s efforts to refine and perfect its
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Coca-Cola Marketing Mix: Product‚ Place‚ Price‚ Promotion Product: In order for an organization to be successful it needs to have a well-defined marketing mix. The marketing mix consists of the four P’s; product‚ place‚ price‚ promotion (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). Product is defined as “everything‚ both favorable and unfavorable‚ that a person receives in exchange” (Hair‚ Lamb‚ & McDaniel‚ 2006‚ p. 48). The Coca-Cola Company’s products consist of beverage concentrates and
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development‚ introduction‚ growth‚ maturity and decline. I would like to use an example of Coca-Cola. Here is its mission statement. “To create value and make a difference…everywhere we engage.”(Baines‚ Fill and Page‚ 2008‚ p177) Coca-Cola is a widely known enterprise all over the world‚ the success of which is obvious to all. From its mission statement we can find that the core philosophy of Coca-Cola relates to the mass-market share (“everywhere we engage”) and extension strategies (“create
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Coca-Cola and International Market Opportunity The Coca-Cola Company has long been a worldwide business. The first soda fountain sales to Canada and Mexico were recorded in 1897 with the first international bottler established in Panama in 1906. Coca-Cola entered China in 1927 and the 100th country‚ Sierra Leone‚ in 1957. Today‚ the Coca-Cola Company is the largest beverage company with the most extensive distribution system in the world. In the first two decades of the twentieth century‚ the international
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The Coca-Cola company was established back in 1886 and it is most famous of creating the soft drink Coca Cola. Based on a global brand study‚ Coca Cola was the world’s most valuable brand in 2011. Though‚ just like all those “old” and well developed brands‚ Coca Cola is facing aging problem‚ a disconnection with the younger generation and it seems like people are not picking up coca cola as a trendy drink and a sign of coolness anymore as there are so many other drinks available in the market nowaday
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Question 1 Question 1 Group 8 Group 8 Coca-Cola:Deciding on the Look Coca-Cola:Deciding on the Look CASE 10 CASE 10 Question 1 Question 1 How do you think the analytical model of decision making might have been applied by Coca-Cola when designing new bottles?What specific task might have been done at each step in the process? How do you think the analytical model of decision making might have been applied by Coca-Cola when designing new bottles?What specific task might
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Marketing Ethics- Coca Cola Introduction The society is becoming increasing concerned about the ethical values adopted by its companies. Marketing ethics addresses principle and standards that define acceptable conduct in the marketplace.(Linda) Marketing unethical means that the action is legal‚ but it actually is wrong. Some companies may promote the marketing ethics in order to increasing their reputation. However‚ some companies may violate the ethical values in order to earn more profits
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Coca Cola Green Initiatives Nicole Johnson MGT/470 Green Initiatives Implementation of sustainability plans by small businesses and global organizations have become one of the top priorities for businesses. Companies have become environmentally conscious of materials used in the production of goods‚ energy use in manufacturing‚ and modes of transportation for products. These organizations have become active in the effort to reduce greenhouse gases by using energy efficient facilities‚ recyclable
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production lines4/ Unique taste5/ World’s leading brand | * Weaknesses1/ Product not healthy2/ The target group of the CC company are mainly younger people.3/ Taste differentiation4/ Sluggish performance in North America5/ lack of popularity of many Coca Cola’s brands | External | * Opportunities1/ advertise it’s less popular products2/ Acquisitions3/ buy out competition4/ It can to provide food in the future5/Growing Hispanic | * Threats1/ New drink competitor have appeared gradually2/ Intense
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SUPPLY CHAIN AND LOGISTICS OF COCA-COLA COMPANY 2011 HARSHIT B BAFNA TYBBM (IB) ROLL NO - 06 DECCAN EDUCATION SOCIETY’S BRIHAN MAHARASHTRA COLLEGE OF COMMERCE SUPPLY CHAIN AND LOGISTICS OF COCA COLA PROJECT REPORT Submitted for the fulfillment of requirement for BACHELOR OF BUSINESS MANAGEMENT IN INTERNATIONAL BUSINESS [BBM-IB] Degree Course under University of Pune GUIDANCE: Prof. SushmitaNande Madam A PROJECT BY: HARSHIT BAFNA T. Y. B.
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