Consumer Behavior towards Coca-Cola: Survey Analysis
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This paper analyzes the consumer behavior towards Coca-Cola through a survey. The survey reflects that most of the customers purchase these products due to its taste and refreshing nature. However, the survey also talks about the unhealthy nature and side effects of consuming Coca-Cola every day.
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Running head: CONSUMER BEHAVIOR Consumer Behavior September 12 2018 Coca-Cola
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CONSUMER BEHAVIOR2 Introduction Conducting survey is very important to get the actual feedback of the customers and public since it helps in understanding the demand, perception, attitude, and requirement for the particular product (Phillips, Phillips and Aaron, 2013). In this paper, the survey will be conducted for analyzing the customer behavior towards Cola-Cola. Overview of Coca-Cola Coca-Cola is a soft drink produced by the Coca-Cola Company. It was initially planned as a patent medicine, but in the 19thcentury, John Pemberton invented it as a soft drink company. However, the company due to the marketing tactics of Asa Griggs Cabdler gained the leading position in the 20thcentury. Survey Purpose The purpose of the Survey is to analyze how driving forces of attitudes, group, and individual differences, perception, lifestyle, and family, and culture that affect the behavior of the customers and accordingly purchasing decision of the customers. Development of Survey Instrument The survey has been conducted with the help of the survey monkey application. The survey is comprised of 10 questions to known the consumer behaviour for the product Coca-Cola. The questionnaire involves multiple-choice questions and open ended questions.
CONSUMER BEHAVIOR3 Survey Sample (Administration process) The Survey is comprised of 16 participants, among which 9 participants are females and 7 are male, who have effectively provided their perception and feedback regarding Coca-Cola product. All these participants are professionals, who presently working for a multi-national organization. Data Analysis and Findings Question 1 According to the survey, it has been identified that out of 16 participants, five participants have presented their very positive reaction towards Coca-Cola and five participants have providedtheirneutralreactionforCoca-Cola.Moreover,fromthetotalnumberof participants, 2 participants have a negative reaction towards Coca-Cola, which reflects that they may not like the taste of the product or quality. It could be said that out of 16 participants, only 5 participants are the loyal customers of Coca-Cola and they do not prefer any other brand of soft drink over it (Refer to Appendix 1). Question 2 The participants according to the criteria of very high quality, high quality, neither high nor low quality, low quality, and very low quality have rated the Coca-Cola product. It has been analyzed that there is very less number of people who think the quality of the product is low. On the other side, 50% of people say that Coca-Cola is of high quality and make them feel refreshing (Refer to Appendix 2). Question 3 As per the review, it has been identified that around 43.75% participants reacted for the value for money provided by Coca-Cola is above average (Refer to Appendix 3). Coca-Cola offer products in the different price range, which helps it in targeting all type of income-based
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CONSUMER BEHAVIOR4 customers (Bhasin, 2017). Due to this strategy of the company, it is successfully increasing its percentage of revenue yearly (Statista, 2018). On the other side, the survey has reflected that there is very less number of people who think that the company offers below the average value for money. Question 4 The survey has analyzed that around 44.44% of participants want to replace their soft drink i.e. Coca-Cola with Fresh fruit juices/ Energy drinks. Because they are familiar with the side effects of these type of soft beverages (Refer to Appendix 4). According to the research, there are approx. 10 teaspoons of added sugar in just one Cola can. As per the recommendation of the World Health Organization, people should not take more than 6 teaspoons of sugar every day. This reflects that consumption of one serving of Coca- Cola per day can take us above these guidelines (Whiteman, 2015). Question 5 The survey tried to analyze the reason behind, why people consume Coca-Cola as a daily beverage and from the analysis, it has been evaluated that most of the people love its taste as compared to other soft drinks present in the market. Very less number of people responded that they are attracted towards its quality (Refer to Appendix 5). Question 6 The feedback regarding the aspects that need to be improved in Coca-Cola is quality because it negatively affects the health of the consumer (Refer to Appendix 6). As per the Harvard School of Public Health, individuals who consume 1-2 cans of soft every day, have 26% chances to come into contact with type 2 diabetes. As per the report of
CONSUMER BEHAVIOR5 Medical News Today, around 184,000 worldwide people die due to the consumption of soft drink (Whiteman, 2015). Question 7 According to the survey, it has been analyzed that strongly people relate the brand image of Coca-Cola. There is very less number of people who have provided the neutral response (Refer to Appendix 7). Coca-Cola has very effectively placed itself in the competitive market. The time people think about this product, memories overflow in their mind (Coca- Cola Branding, 2016). This is not just due to the taste and refreshing feeling it provides, but it also brings all the memories of the Coca-Cola such as the antics of a polar bear of Coke, Always Coca-Cola, and every type of advertisement that has signified Coca-Cola over the years (Juni, 2011). Question 8 The Coca-Cola is an easily available and affordable product that could be purchased from any general store, convenience store, and supermarket. People purchase Coca-Cola for the celebration, energy, refreshment, and sharing, however, it is unhealthy for the health. The surveyconductedon theCoca-Colareflectedthataround 35.29%havevotedfor its refreshing taste, and the same percentage of people have said that it is unhealthy (Refer to Appendix 8). 35.29% of people who voted for its unhealthy side are right at their place because the high acidic nature of Coca-Cola causes tooth enamel and cavities (The Soul, 2018). Question 9 Soft drinks are said to be the main contributor to health situations like type 2 diabetes, tooth decay, and obesity. As per the Control and Prevention (CDC) Disease Center, approx. half of the population of US consume soft drinks every day. The highest consumption of these drinks
CONSUMER BEHAVIOR6 is among young adults and teenagers (Whiteman, 2015). It has been also proved by the survey, which asked the participants about the consumers of Coca-Cola in their family and it has been analyzed that adults and kids are the maximum consumers of soft drink. Around 35.29% responded that kids are the consumer of Coca-Cola and 52.95% responded for adults (Refer to Appendix 9). Question 10 As per the survey, the biggest motivation of purchasing or buying Coca-Cola is easy availability. Approx. 58.82% of participants responded that Coca-Cola is one of the easily availableproductsthatcouldbepurchasedfromanyretailstore,supermarket,and convenience store (Refer to Appendix 10). This is because of the distribution strategy and channel of Coca-Cola, which has supported it in successfully operating in 200 countries worldwide(MBASkool,2018).Thecompanypossessesdifferentwholesalersand distributors in a different country it operates and through them, it transfers its products to the retailers. Conclusion From the above analysis, it could be said that Coca-Cola possesses the widest channel of distribution, which support it in deliveringproducts to every corner of the world. The survey has supported in analyzing the consumer behavior towards Coca-Cola, and it reflects that most of the customers purchase these products due to its taste and refreshing nature. However, the survey also talks about the unhealthy nature and side effects of consuming Coca-Cola every day and due to its quality around 44.44% of people want to replace Coca- Cola with fruit juices and energy drinks.
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CONSUMER BEHAVIOR7 References Bhasin, H. (2017)Marketing mix of Coca-Cola – Coca cola marketing mix[online]. Availablefromhttps://www.marketing91.com/marketing-mix-coca-cola/[accessed12 September 2018] Coca-Cola Branding (2016)Brand meaning – Imagery and Performance[online]. Available fromhttps://cocacolabranding.wordpress.com/2016/09/02/brand-meaning-imagery-and- performance/[accessed 12 September 2018] Juni, A.P. (2011) Coca-Cola Strategy: The brand image.International Journal of Competitive Intelligence, Strategic, Scientific and Technology Watch Sciwatch Journal. 4(1), 1-3. MBASkool(2018)CocaColaMarketingMix[online].Availablefrom https://www.mbaskool.com/marketing-mix/products/16786-coca-cola.html[accessed12 September 2018] Phillips, P.P., Phillips, J.J., and Aaron, B. (2013)Survey Basics1sted. U.S: American Society for Training and Development. Statista (2018)Coca-Cola's brand value from 2006 to 2018 (in billion U.S. dollars)[online]. Available fromhttps://www.statista.com/statistics/326065/coca-cola-brand-value/[accessed 12 September 2018] TheSoul(2018)8ResultsofDrinkingCokeDaily[online].Availablefrom https://brightside.me/inspiration-health/8-effects-of-drinking-coca-cola-every-day-389410/ [accessed 12 September 2018]
CONSUMER BEHAVIOR8 Whiteman, H. (2015)How Coca-Cola affects your body when you drink it[online]. Available fromhttps://www.medicalnewstoday.com/articles/297600.php[accessed 12 September 2018] Appendix Appendix 1
CONSUMER BEHAVIOR9 Appendix 2
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