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coca cola company analysis
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The Coca-Cola company is world wide beverage company. It has an annual revenue of over $45 billion dollars. It is one of the world’s most recognizable brands. The company is the number one nonalcoholic beverage company. Coca-Cola owns, operates and markets more than 500 beverage brands, that range from sparkling water to juice, to of course, soda. These products are sold in more than 200 countries. Coca-Cola was founded by an Atlanta pharmacist, John Pemberton in 1886. After fighting in the Civil War, the pharmacist wanted to invent something that would bring him commercial success (Coca-Cola Company). He invented several drugs, but never had any success with them. He decided to enter the beverage industry. During this period, it was popular …show more content…
The brand is known across the world. Not only can the drink be found across the world, but branded items as well. A strong, consistent brand presence has helped lead to a strong brand perception for the beverage company. When it comes to corporation reputation, companies are scored on 6 categories. They are social responsibility, emotional appeal, products, and services. Apple, a top technology company, scores high in 4 categories. Most companies do well in 3 categories, Coca-Cola has a high score in all 6 categories. The company’s reputation is unmatched (Duprey). Brand identity really allows the company to flourish, and stay a strong reputable brand. The brand personality is a mix of young and fresh, while still remembering nostalgic aspects from the brand. The company appeals to emotions. They draw up feelings of nostalgia. The brand has a way of being classic and hip at the same time. They present this personality in their choice of advertisements and product. Everyone can recall what a classic Coke bottle looks like. The glass has a hint of green with sharp curves. It is all branding and brand personality. Environmental …show more content…
Coca-Cola saw their sales falling in Australia. They needed a way to grab the attention of young consumers in Australia. The company needed a way to capture headlines and regain sales. That is how the “Share a Coke” campaign started. They were able to capture the power of a first name. The company switched out part of their signature branding for 150 of the most popular name in Australia. The campaign worked. Australia has a population of around 23 million people. The summer of the campaign Coca-Cola sold over 250 million bottles and cans during their campaign. The campaign was so successful it was recreated in over 70 countries
This is all thanks to the company's ability to stay competitive in the world marketing competitive environment. "The competitive environment, also known as the market structure, is the dynamic system in which your business competes. The state of the system as a whole limits the flexibility of your business."-Stan Mack(CHRON) The ability to stay flexible in todays market has enabled company to create revenue through adapting to changing views of the consumers. Although the first thought when hearing the Coca Cola name is still soda, the trend of non-carbonated and sugary drinks is the most revenue producing products of the company today. Don't get it wrong, the company still has 4 name brand sodas that bring in over $1 billion apiece in revenue annually, but the most substantial revenue is the companies investment in non-carbonated and sugar-based drinks. Products such as Smart Water, Vitamin Water, and Fairlife Superkids(milk) are among the nearly 400 products produced by the company that are not soda-related.(Fortune) So even with soda sales at the 30-year low, The Coca Cola Company continues to adapt to the ever-changing competitive market environment and sustain its household name and
Coca –Cola (KO) is one of the world’s largest beverage companies. Company was incorporated in September 1919 under the State of Delaware law and headquarters is located in Atlanta Georgia. But from 1886, company established its brand in US (Coca-Cola, 2012, p. 1). Currently company is providing for more than 500 varieties of non-alcoholic sparkles to the customers around the world. Apart from this, company also serve for still beverages that includes enhanced water, water, ready-to-drink, juices, energy drink, sport drinks and so on.
The Coca-Cola Company is one of the world’s leading drink organizations. Its red and white
In all over the world the Coca-Cola Company currently employs approximately 94,800 employees. According to a general organizational chart obtained from the company’s website, there are more than 5 hierarchical levels at the corporate
Coca Cola has been around for over a century. The refreshing beverage has become a staple in American culture with its very convincing ads. From its famous hilltop commercial by sending positive message of diversity to being a helping hand with World War 2 by adding political views on their ads to convince the public to help out. During the country’s economic hit from the great depression, their ads still convinced the viewers to buy their products. The company even created a character that will forever become a part of American culture. Aside from creating a piece of Americana, Coca Cola ads are an influence to the younger audience by incorporating celebrities and famous artists that are popular to draw in the viewer. Also by creating ads
Coca Cola is one of the leading and well known beverage companies in the world. Established in 1886 by Dr John Styth Pemberton. No matter which country it is produced in, people will recognize the beverage as coke. They became a registered company in March 27, 1944. A business man named Asa Griggs Candler bought Coca Cola and his marketing strategy and tactics led to its dominance. They have various products under their name which includes diet coke, Aquarius, Minute maid, Fanta, sprite etc. They have more than twenty one different brands starting from bottled water to coke. The coca cola company targets people who are at the age of 18 to 25. They satisfy people with their products. They have specific products for children and adults. They are very keen with their marketing skills. Their ability to know the customer need helps them to create value for the customers. They work with big retailers (chain) and small retailers which helps them to reduce cost and improve production or sales. More than 200 countries sell Coca cola. They are not manufactured in all the countries but they are sold everywhere. Coca cola also have a successful advertising effort. Market segmentation, advertising have played aggressively with their success. They have been official sponsors for big events like Olympics, Fifa etc. Every year, the company is bringing new foreign markets to bring h...
Introduction Coca Cola has fast become the world leader in the soft drink industry. But this didn’t happen overnight, the main driver behind their success is their clever marketing plans (Horowitz, 2011). Using current, local events to push their product to worldwide consumers. Coca Cola has used targeted campaigns directed at specific regions to maximise the effectiveness of their campaigns. For Example the ‘share a coke and smile’ campaign was run worldwide but was personalised from country to country. And here in South Africa the #SHAREACOKEZA campaign was a huge success. This campaign ran over several platforms: TV, Facebook, Instagram, twitter and YouTube. The main contributing factor to the success was the personalisation of the cans
Coca-Cola Enterprises is the world’s largest Coca-Cola bottler, selling approximately 43 billion bottles and cans each year. The company markets, distributes and produces beverage products of Coca-Cola Company and its subsidiaries. The products include Coca-Cola Classic, caffeine free Coca-Cola classic, diet Coke, Sprite, Cherry Coke, and Fanta. The company conducts its business primarily under agreements with The Coca-Cola Company, which own around 37% of the company's common stock.
The Coca-Cola Company is the world's leading manufacturer, marketer, and distributor of nonalcoholic beverage concentrates and syrups, with world headquarters in Atlanta, Georgia. Coca-Cola, the Company's flagship brand, and over 230 other soft-drink brands are manufactured and sold by the Coca-Cola Company and its subsidiaries in nearly 200 countries around the world. The Company and its subsidiaries employ nearly 31,000 people around the world. Dr. John Stith Pemberton first introduced Coca-Cola in Atlanta, Georgia in 1886. The pharmacist concocted a caramel-colored syrup in a three-legged brass kettle in his backyard.
As the world 's largest manufacturer and distributor of non-alcoholic beverages, Coca-Cola is certainly no stranger to global marketing. Established in the US, Coca-Cola initiated its global expansion in 1919 and now markets to more than 200 countries worldwide. It is one of the most recognizable brands on the planet and also owns a large portfolio of other soft drink brands including Schweppes, Oasis, 5 alive, Kea Oar, Fanta, Lilt, Dr Pepper, Sprite and PowerAde. Despite this, Coca-Cola often struggles to maintain its market share over its main rival PepsiCo in some overseas markets, particularly Asian countries.
The company’s profits amounted to just under $15 billion in 2005, while its market value is calculated at over $100 billion. Worldwide, more than one billion cans or bottles of Cola-Cola are consumed every day – or 12,500 every second. Advertising is key to Coca-Cola’s expansion, seen most recently in the launch of its new global campaigns slogan:“Live on the Coke Side of Life”. Coca-Cola spends a massive $2 billion a year promoting its image of healthy, wholesome living, including through sponsorship of major sporting events such as the football World Cup and the Olympic Games. Yet there are signs that the image is beginning to crumble.
Coca-Cola Company and PepsiCo are two of the largest and most profitable corporations of the United States. They both invest tens-of millions of dollars per year in worldwide marketing campaigns. If you go to each of their websites you can see they are both capitalized in unlike products. Both of these companies are trying to target the same market but through their websites they have a very distinctive marketing approach.
The Coca-Cola Company is the world 's biggest drinks company, controlling more than half the global market in carbonated soft drinks as well as a substantial chunk of the somewhat larger non-carbonated segment. It owns four of the world 's five best-selling soft drinks.
Coke Facts The Coca Cola Company Coca Cola India: Key Facts - Coca Cola Business, website: http://www.cokefacts.com/facts/facts_in_keyfacts.shtml
The Coca-Cola firm is an American multinational beverage business and industrialist, retailer and dealer of non-alcoholic beverage syrups, whose headquarter is in Atlanta, Georgia having more than 550 brands of the world's largest supplier of soft drinks.