COCA-COLA |
What does Coca-Cola stand for? Is it the
same for everyone? Explain.
Coca-Cola
Stand for always be in their customer heart which means coca –cola is the first
thing when their customer things about carbonated drink. The guiding principles
they abide by: “Coke brings joy”. It’s simple and clear, but is also defined a
little further by always ensuring that any communication is always “filtered
through the bran’s core values are of happiness, refreshment, optimism, fun
simple moments of pleasure, authenticity, coming together and uplift”. These
values are the pillars upon which the brands is built and they are not
negotiable.
Another
thing is purchase frequency has been to present Coca-Cola collection series of
bolted, labels, glasses, logos etc. This aids in increasing buying awareness
.Coca –Cola has also focused on the no calorie beverage for the weight
conscious as well. Now consumer has more
option, Diet coke, Coca-Cola-zero and Coca-Cola classic. ironically, this thing
make branding of Coca-Cola become strong because their customer has memories
that they always remember until now they has such a big group loyalty customer
Is
not same with other competitor such example Pepsi has more product diversity
they always create a new product to make their customer satisfy with their
product. Pepsi also always successful with their marketing and advertising
campaign this make pepsi different Coca-Cola. They always make diversify their
product line especially this strategy
can give more option to their customer
to occupied with customer need.
Pepsi
also competency in merger and acquisition Coca-Cola not use the same principle
this give advantage to pepsi to compete with Coca-Cola. Pepsi has advantage
that coca-cola not has.So Pepsi be at
the top too.
Coca-cola has
successfully marketed to billons of people around the world. Why is so
successful?
Coca-Cola has successfully marketed to billions of people
around the world. One of the successful in is Coca-Cola mass communications
strategy has evolved over the year and today mixes a wide range of media
including television, radio, print, online, in-store, digital, Billboard,
public relations, events, paraphilia, and event its own museum. The company’s
target audience and reach are so massive that choosing the right media and
marketing massage is critical.
Coca-Cola uses big events to hit huge audience; it has
sponsored the Olympics since 1928 and advertises during the super Bowl. Red
Coke cups are placed front and center during top-rated television shows like
American Idols, and the company spends over $1 billion a year on sports sponsorships
such as NASCAR and the world cup. Coca-Cola global campaign also relevant with
local scale. In china , for example, Coca-Cola has given its regional mangers
control over its advertising so they can include appropriate cultural messages.
Coca-Cola has strong
brand positioning that has long story of marketing. They have a group loyalty
customer that still buys their product. When customer thinks about carbonated
drink the first word that they remember is Coca-Cola. The impact of cola-cola
name makes their customer still loyally about Coca-Cola brand.
Furthermore, Coca-Cola
has good quality of product event cola-cola crate a new product such as diet-
coke and vanilla coke but still customer still with the original flavor
Coca-Cola classic. Impact of Coca-Cola original classic they grows with
Coca-Cola is mean Coca-Cola has be part of their customer life.
Can
Pepsi or any other company ever surpass coca- cola’s greatest risks? Why or why
not? What are Coca-Cola’s greatest risks?
Yes Pepsi can surpass Coca-Cola because
nowadays Pepsi Company always improves their advertising such as they hire ambassador
famous artist to be their spokesperson. Coca –Cola is always about their
originality flavor that make their customer remember about their memory that
has they go through in their life.
Since
that decade Pepsi want to surpass Coca-Cola They always improve their product.
Pepsi always plan for their product line future such example they create soft
sport water carbonated. Pepsi also know in the future taste of customer will
change. Event Pepsi is hard competitor with Coca-Cola.
Furthermore,
since a decade presence of competitor that always come and out from
market. Since Coca-Cola has global market around the world, every global market
that Coca-Cola enter has their own competitor that can give barrier to
Coca-Cola. Such example when Coca-Cola enter new market they has also has other
competitor such example Pepsi that always compete with Coca-Cola especially in
marketing such low in pricing cost hire famous ambassador as spokesperson to
Pepsi. Many other new competitor that also create carbonated drink such example
in Malaysia we has Maduria local product carbonated drink. Maduria create
flavor that local people usually with the flavor such as pomegranate and apple
green. This company can surpass Coca-Cola because they more understand local
people and also has high in marketing strategy.
Besides
that in this day customer is more conscious about healthy product. Especially
in Europe country they take care about ingredient that has in a product.
Customer want to get the best for their self. Such example in Europe country
some of them do not care about price of product they take care of the product
ingredient such as, percentages of sugar, calories and salt. Customer is more
educated than if we compare 20 or 30 years before that has less knowledge about
healthy styles. Customer expose with the healthy environment they know what go
or what can harmful to their body. Coca-Cola
Bibliography
Ø
Bickle, M. (2011, november 8). Retrieved november
17, 2014, from Forbes: http://www.forbes.com/sites/prospernow/2011/08/01/what-makes-coca-cola-a-world-wide-phenomenon/
Ø
Johnson, E. F.
(2014, mar 5). Coca-cola . Retrieved november 17, 2014, from http://www.coca-colacompany.com/coca-cola-unbottled/standing-up-for-those-who-cant-stand-up-for-themselves
Ø
Kotler, P.,
& Keller, K. L. (2012). Coca-cola. In K. Philip, Marketing Management
Kotler Keller (p. 553). Prentice Hall.
Ø
Riches, M.
(2013, august 19). PrintSome. Retrieved november 17, 2014, from
http://www.printsome.com/blog/2013/coca-cola-marketing-what-makes-them-so-good/
Ø
Volkmer, K.
(2013, July 17). What makes coca-ola an icinic brand. Retrieved
November 22014, 17, from http://www.the-makegood.com/2013/07/17/what-makes-coca-cola-an-iconic-brand-and-how-do-i-build-one-end-may/#sthash.6ZRGhEOw.dpuf
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2 Comment for "SWOT ANALYSIS OF COCA-COLA"
Well explained .Keep updating BA Online Course Hyderabad
Nice analysis.
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