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Impacts of social media on business
Impacts of social media on business
Impacts of social media on business
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A Pharmacist in Atlanta named John Pemberton first created Coca-Cola in 1886. He started to promote his new invention through the local newspaper. The taste of coca cola was a refreshing new experience and people could not get enough it. The drink was considered an ‘intellectual beverage’, ‘temperance drink’, ‘brain tonic’, and it even claims to be able to cure ‘headache, neuralgia, hysteria, melancholy’ and more”(Arandilla 2011). Coca cola continued to advertise without any technology that we use now. The advertisements did not have much fact to it. During the time, information was limited and many people did not have the resources to research. So, no one had the proof to debate.
When the advertisements were published, Coca-Cola set out to advertise differently. In the 1900's, they would use pretty women to attract customers. In the 1930' Coca-Cola created an image of a happy looking white bearded guy who was the image of Santa-Clause. Before than there, were not any images him. The image of Santa clause was used for Coca-Cola for three decades in the 1930’s through the 1960’s. This was a smart marketing strategy that Coca-Cola implemented. This is only one of the many strategies that they have used to get their name known throughout the industry.
In the 21st century advertising has become much easier in terms of getting its name on the market. Companies advertise in newspapers, radio, television, and billboards.Companie also Advertising brings in the most revenue for the company. Statistics shows that advertising occupies 33% of how a company gets its name on the market, and in no other category is the percentage above 20%. Coca-Cola knows that advertising is the best way to get its name on the market and for consumers to b...
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..., L. (2012 Jun 29). Coca-cola drives brand awareness via mobile gaming initiative. Retrieved from http://www.mobilemarketer.com/cms/news/gaming/13210.html
McFarlane, G. (2012, Aug 07). Using social media to your advantage. Retrieved from http://www.investopedia.com/financial-edge/0812/using-social-media-to-your-advantage.aspx#axzz2CAkKVgqK
Pring, C. (2012 Jan 11). 100 social media statistics for 2012. Retrieved from http://thesocialskinny.com/100-social-media-statistics-for-2012/ Rhodes, M. (2011, Mar 21). Coca-cola cuts ad spend by 6.6% and invests more in social media. Retrieved from http://socialmediatoday.com/mattrhodes/279661/coca-cola-cut-ad-spend-66-and-invest-more-social-media?utm_source=smt_newsletter.
Statistic Brain (N.d). Advertising agency industry statistics. Retrieved from http://www.statisticbrain.com/advertising-agency-industry-statistics
Coca- Cola has always been popular with America and in the 1950s; it became the main soda to drink during the 1950s and also the golden age for the product. One glass of Coca- Cola was only five cents. The soda was a symbol of social status. If you wanted to be refreshed and satisfied, then you have to drink Coca- Cola. Celebrities, actors, athletes, workers, kids and even Santa Claus had to have Coca- Cola in their hand. With the boom of television in households, Coca-Cola became more popular because of the advertisements contain relaxing and being comfortable with the soda in their hand. It became so appealing that Time’s Magazine stated that, “It is simpler, sharper evidence than the Marshall Plan, or a voice ...
Coca-cola wants to create frustration and anxiety in their ad, which might catches more attention, but it’s not an agreeable strategy. The companies didn’t either share the same audience target. Pepsi targeted adults and Cola targeted women, but the main-idea was to obstruct the rival.
They appealed to the struggle that average people have everyday and somehow found beauty in it. In the commercial, there is a shot of a child diving into a pool and scooping up Coke bottle caps from the bottom. This appeals to people who have memories of doing that same act in their own childhood. A private memory of a simple game was projected on screen. The imagery of the Coke logo became more than a soda brand, but a sense of
Coca Cola is one of the many companies that have changed the way they advertise very drastically, from the 60s; a very conservative era to now; which is a more contemporary time. The Coke ad featuring Marilyn Monroe is most likely from the late 50s to early 60s, and consequently reflects some of the beliefs of the time. This is also the case with the recent ad. Although the massive time gap between these two ads creates many differences between them, there are still a few similarities; seeing as how it’s the same company. The 60s ad seems a lot more catered towards a limited audience while the modern advertisement tries to broaden the variety of the audience they want to pursue.
Coca-Cola is a globally recognized company known for one of the most popular drinks in the world. Coca-Cola. Normally as the Super Bowl grows closer audiences anticipate the coming of some of the best commercials for the year to be televised nation-wide for American’s. Some may not even watch the game, they only watch for the commercials. As past years can example, Coca-Cola never leaves audiences unsatisfied with their commercials and this year was no different. This year’s Coca-Cola commercial uses a vast amount of rhetorical devices from the pathos based ideas to how the marketers intentioned for the audience to view the commercial. Coca-Cola’s was pieced together by advertisers whose main priority was to leave the audience with a feeling of what Coca-Cola could intentionally bring into their lives.
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
Advertising Spend: The advertising and marketing spend (Case Exhibit 5 & 6) in the industry is in 2000 was around $ 2.6 billion (0.40 per case * 6.6 billion cases) mainly by Coke, Pepsi and their bottler’s. The average advertisement spending per point of market share in 2000 was 8.3 million (Exhibit 2). This makes it extremely difficult for an entrant to compete with the incumbents and gain any visibility.
History "Coca-Cola enterprises Incorporated, employees 66,199 operates, 444 facilities, 47,235 vehicles, 1.9 million pieces of cold drink equipment and sold 3.8billion unit cases in 46 states in the united states, all 10 provinces of Canada and portions of Europe including Belgium, France, Great Britain, Luxembourg and the Netherlands" (Coca-Cola facts 99). An, Atlanta Pharmacist Dr. John Slyth Pemberton founded Coca-Cola on May 8, 1886. The carmel colored ingredients, Coca leaves and kola nuts. Later the drink was striped of narcotics. The drink was first designed as a drug that will help people feel better. Pemberton sold his new drink for 5 cents a glass. Some time later carbonated water was added to the syrup and that is how Coca-Cola was invented. Dr. Pemberton sold Coca-Cola out of the pharmacy he worked at. The pharmacy was owned by, a man named Frank M. Robinson. Robinson suggested "Coca-Cola" as a name for Pemberton's drink. The two men took an old oilcloth sing and hung it in the window saying "Drink Coca-Cola". They averaged nine glasses sold a day. In 1886 Pemberton became sick he sold some of his portions of his interest too Asa G. Candler. In 1888 Pemberton died, and Asa Candler began buying all the out standing shares of Coca-Cola. Candler was and Atlanta druggist and businessman. Candler knew Coke was going to be something big. He then had complete control by 1891 for $2,300. In 1892, Candler and his brother John Candler, Frank Robinson and two other associates formed "Coca-Cola Company" in Georgia. Candler was a master at marketing. He handed out coupons for one free glass of Coca-Cola. He also promoted the beverage by painted walls, Clocks, outdoor posters, serving trays and fountain urns. Candler marketing stragety worked Coke was available everywhere. The sales took off. People started calling Coca-Cola "Coke" They urged the customers to call it by its full name, but "Coke" just stuck. "In 1894, the company opened its first syrup manufacturing plant outside Atlanta in Dallas Texas. The following year plants opened in Chicago and Los Angeles. Three years after the Coca-Cola Company's incorporation Candler announced in the annual report: "Coca-Cola in the now drunk in every state and territory in the United States" (History of Coca-Cola Company). Joseph A. Biedenharn, of Vicksburg, Mississippi installed ...
Coca-Cola was created in1886, in Atlanta, by a pharmacist named Dr. John S. Pemberton, but his partner, Frank M. Robinson, created the iconic name "Coca-Cola" and logo (World of Coca-Cola, n.d.). "During the first year, the sales averaged a modest nine servings per day in Atlanta, but today, daily servings of Coca-Cola beverages are estimated at 1.9 billion globally" (World of Coca-Cola, n.d.). The competitors
Coca-Cola is a well-known and cherished brand name. When people think of this name, memories tend to overflow in their heads. Why? Because, not only does Coke taste great and refresh your own personal memories, it also fills you with memories of the Coca-Cola like "Always Coca-Cola", the antics of the Coke polar bears, and all of the different ads that have represented Coke over the years. Just about every ad you see, as a consumer, will have tons of hidden meanings. Coca-Cola may not always intend to present the same hidden meanings, but will always intend for their audience to see a commercial and hopefully crave a Coke product. I found a Diet Coke ad that really caught my eye in the August issue of Southern Living, a magazine for women. The ad, titled High School Reunion, pictured four Coke bottles in a diagonal line. The first bottle, a new unopened Diet Coke bottle, is pictured at the top left-hand corner of the page. The next two Diet Coke bottles are supposedly being consumed. At the bottom right hand corner of the ad page you see the bottle is empty. This reveals the conversation of a young woman contemplating the plans for her high school reunion. Over all Coca-Cola is believed to put these claims, supports, and warrants in their ads to make their product more appealing to the consumer.
"Over a century of sweet tasting beverages with family and friends." The positioning statement of Coca-Cola needs to project the image in the minds of their existing consumers, as well as potential new consumers, the history of Coca-Cola being a competing global brand in the beverage industry and the association of the brand with fun themes such as social events, parties, family activities, etc. According to Kotler and Keller (2016), positioning "is the act of designing a company 's offering and image to occupy a distinctive place in the minds of the target market." There are factors that must be taken into account to produce an effective positioning statement that will attract the attention of the targeted market segment:
Thanks to my fascination with PepsiCo and partly because this is an assignment, I went online and search for some of PepsiCo’s most successful and ongoing marketing campaigns and strategies. During my research I noticed several daring marketing strategies Pepsi employed throughout the years. For example, gaining the support of Michael Jackson in the 1980’s and latest gaining the endorsement of global pop star Beyoncé.
According to the Handbook of Media Management and Economics, marketing is “the art and science of satisfying consumer needs.” Marketing campaigns are strategic plans that will allow a company to push their consumer into buying their product. A good campaign will identify the consumer, their consumer’s needs and desires, and what the consumer needs to experience to convince them the product will fulfill that need or desire. T...
"Coke" is the second most recognized word throughout the whole world right after the word “Ok”. Take a moment and realize what this means. Almost everyone in the whole world knows what a Coke is and relate it to the Coca-Cola Company. The Coca-cola Company was founded in 1886. This is the same year the Coca-Cola soda was invented. I've seen people drinking this soda all my life and throughout my own life I have taken up this action as well. Coca-Cola has become very popular over the decades and has even stayed very well known the whole time. Why is that? Maybe it is because of their advertisements. This Coca-Cola advertisement expresses happiness with a Coke to persuade and even manipulate its audience with natural and pure imagery, includes
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.