International Social Media Marketing Strategy for Coca Cola: A Case Study
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This case study discusses the appropriate social media strategy used by Coca Cola to attain the desired outcome within timeframe. It also compares the social media marketing theory used by Coca Cola with other brands.
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Social media marketing1 International Social Media Marketing Strategy
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Social media marketing2 Contents Introduction......................................................................................................................................3 About Case Study............................................................................................................................3 About company................................................................................................................................4 Appropriate strategy:Coca Cola’s Campaign.................................................................................5 The happiness machine................................................................................................................5 Comparison of other brands.........................................................................................................8 Conclusion.....................................................................................................................................11
Social media marketing3 Introduction This assignment is based on the case study of “Social drinks in the global Social Media Space”. It is vital for the companies to keep consideration of social media while promoting the products as it is the approach by which one company can promote its product globally. It can be seen in today’s world that the emergence of social media networks, such as Twitter, Facebook, LinkedIn and many blogs. An appropriate social media strategy is the useful tool for the business to attain the desired outcome within timeframe (Godey, Manthiou, Pederzoli, Rokka, Aiello, Donvito and Singh, 2016). This essay will entail the background of the company to the most popular on social media network. Along with an appropriate strategy will be demonstrated under this essay with an appropriate strategy. About Case Study The case study is based on the soft drinks in the global social media space in which the discussion has been made on various companies of social drinks. The rise of social media in the case study has been demonstrated as Facebook has more than 800 million users globally and Twitter has 200 million users were the uppermost social media marketing channels. The case study has entailed information of various companies such as coca-cola, Pepsico, Mountain dew and Starbucks. It has been found that the Coca-Cola Company is well known American beverage corporation. Coca-cola is invented in Georgia in 1886. It has been found through the case study that the company has significant value in the soft drink industry. The discussion has been made under the case study about each company in an efficient manner for which the strategy of social media used by that companies are demonstrated. The campaign strategy has been taken into
Social media marketing4 consideration by this case study in order to increase the demand of the products in the view of their customers. The comparison has been made between pepsico and coca cola in which the discussion entailed regarding used social media marketing theory. About company According to the case study, it can be seen that Coca-Cola Company is well known company in the world that has taken use of appropriate strategy of social media marketing in order to attain the desired outcome within time frame. The mission of Coca-Cola Company is to refresh the world, to develop value and make a difference. The coca-cola has done in a perfectly manner in which the social media campaigns and ad campaigns have significant role in social media marketing. Along with the company had a couple of applications of Facebook such as “when will happiness strike” and “aah giver”. The total brands of coca-cola are around 3000 in which the company sold fewer than 500 brand names in over 200 countries (Greenhalgh, 2019). It has been found as per the current information that coca-cola is well known brand and the Facebook page has attracted 93 million fans which is not a surprise focusing on how big and effective the brand is. Coca-Cola has not its own store and that is why the company is not focused on driving people to its shops. There is a campaign of Coca-Cola named “share a coke” campaign was a super hit and put an upper level of impression on the social media (Gill, 2009). It has been found that this campaign is innovative where the company changes the iconic log with names as it is helpful in amplifying their sales. Under this campaign, the company has around thousands names on the bottle, more than 990 million impression on twitter, around 150 personalized bottles were sold out and around 17,000 virtual name bottles shared across Europe (Chaffey, 2016). In the context of geographic reach, the company is able o exports their product into 200 countries which could
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Social media marketing5 be possible due to adaption of latest technology. The important international market of coca-cola company is Latin America, Asia and Europe that accounts for 33% of revenue. It has been found that the company has distribution in sales such as 43% in US, 37% in Mexico and 20% all around the world. There is a long list and history of acquisitions of the coca-cola company as the first acquisition of the company was Minute Maid in 1960 (Sisson and Bowen, 2017). Theoretical Framework Customer engagement The marketing of the customer engagement is referred as the effort of the company in the context of motivating, empowering and measuring the contribution of the customer in the marketing functions. The customer engagement is about motivating the customers in order to communicate and distribute the experiences the company develop for them as a brand and business. A strong customer engagement strategy will motivate brand loyalty and development in the competitive market. As per the customer engagement model, it has five stages to satisfy the customers such as unawareness, discovery, consideration, and conversion and growth through value creation.
Social media marketing6 With respect to Coca-Cola, it has been analyzed that the chart of the company represents the worldwide sales volume and the net income of the company is raised by 4% in the 3rdquarter of 2012. The brand got benefitted from the wrong steps taken by Pepsico in the same industry. By expanding in to health foods, the company of Pepsi has taken its eye off its zone of major competence and the fundamental message that the company pretends to be giving out is a repentant one. Coca-Cola Company has focused on the change management that is why to attain the customer loyalty, the company established a robust change management plan and they occupied agents of their company from all groups and developed a cross-functional committee to analyze communications and offer insights from the perspective of frontline. With this activity, the company is able to improve the customer engagement in order to maintain relationship with them for a long period. The company spent most of their valuable time going through customer reference calls and getting feedback so that the customer could not get irritated from the services and get help whenever they want. Source:https://www.statista.com/topics/1392/coca-cola-company/ Cross cultural framework
Social media marketing7 Thephenomenaofglobalizationcarriedoutthedevelopmentandinternationalizationof businesses,thereforeresultinginrequirementandrealismofstudyingcross-cultural communication. It is the frame work that helps the company to get effective understanding regarding the different cultures and traditions so that the company set their target market. Due to globalization, there are many organizations that get opportunities to go beyond national borders frequentlywithoutconsideringthepotentialfinancialprosperitycangetdevelopedinto disastrous situations. Cross cultural framework dimension theory entails the Hofstede’s cultural dimension theory that is developed by Greet Hofstede. It is the dimension that elaborates the culture of the society on the values of its employees along with the relation of this theory in the context of behaviour. This dimension covers six aspects through which the company can analyse the condition of different countries. Coca-cola Company has different promotion strategy through which the company is successful in sponsoring sports in different nation. The company knows the value of the culture in different countries that is why the love for people of different nation for coca-cola is same. The company develops its product after analysing the demand of the customer so that the relationship with them can be maintained by the company for a long time.In 2013, thecompany airedawarmcommercialin whichthe advertisementspot characterized actors singing the Patriotic tune “America the Beautiful” in various languages. It helps to get spread all over America in quick manner. Along with that the company has approached various strategies to penetrate the South Korean market, the company did not quit and started to explore the taste of people towards beverage products. The company has been decided to use what they recognized regarding the culture to enlarge their market of South Korean market share and revenue. Appropriate strategy:Coca Cola’s Campaign
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Social media marketing8 It has been found that the company has an appropriate strategy of the social media to grab opportunities in an adequate manner. It has been found that coca cola and Pepsi had similar product portfolio but the implemented campaign by Coca-Cola is different from other Pepsi (Felix, Rauschnabel and Hinsch, 2017). It has been found that the first campaign initiated by the company was “Jo Chaaho ho Jaaye, Coca Cola Enjoy. It was outstanding campaign initiated by Coca-Cola. The main feature of the campaign of Coca-Cola is that it involves celebrities to get attention of many people towards the products. It is remarkable strategy of the social media that facilitates in drawing attention of fans of these celebrities. There is a current campaign of Coca- cola of “open happiness”, the company seems to have completed both, an emotional mix along with an enormous appeal. The main motive behind this campaign of the company to bring actual and natural connection of people to each other and celebrating small moments of happiness with their loved ones. The happiness machine It has been found that the company has introduced the happiness machine campaign in order to reach maximum people of the young generation; the company has formed digital marketing campaign on the basis of the transmitting “happiness”.The company is more focused towards increasing sales that is why it includes various kinds of media such as Orkut, Facebook, My Spaceandmanymore.Amongofthesethespectacularphysicalmanifestationwasthe “Happiness Machine”. The structure of this machine was ordinary beverage distributor but when unwary students pushed the coke selector, they got something different from their expectations such as a bunch of flowers, balloon animals, large quantity of bottles and balloon animals. It is quite different experience for the student for capturing this; the company had decided to set the camera above of the machine so that the reaction of the student can be captured. Through this
Social media marketing9 strategy, it has been found that the student is not happy but also they are enthused about the surprises and share their experience with their friends in a different manner (Gaither and Austin, 2016). As everyone knows that the social media is the platform of spreading news in a one go to the large population without any hurdles (Serôdio, McKee and Stuckler, 2018). It has become easier for the company to post their deeds on social media which attracts people to buy their products and chase them as they can as possible. The example of it can be seen in the case study as on 12 January, the company post video on YouTube by a Facebook update. By May 2010 the view of people had increased day by day and reached till 2.3 million views. It has been found that the viewers of this video were from outside of USA for which the video had been posted in different languages.In 2010, the company has embarked on another mission to find out the meaning of happiness around the globe. Throughout the case study, it has been found that the company was eager to get reaction of people towards the implemented approach by the company. The company had decided to conduct survey for which the company had sent three persons team to visit all countries where the demand of Coca-Cola had been increased (Deal, 2018). For this the company had started the campaign in 2009, where the online voting system was set up to pick the chosen members of the team from those they were able to send applications. It has been found that the customers are seeking out uplifting and an effective content in social. The group director of Coca-Cola Company said that “our fans are more focused towards those things that make them smile, which is huge impending for the company because it brings into line to our values of optimism and getting people together to share moments of happiness. The company has started to give different view to its design for the purpose of presenting visual language for coca-
Social media marketing10 cola. This working attitude of the company helps to reach the fan following around 500,000 fans everyday across the platform of social media (Faria, Barros and Sauerbronn, 2017). According to the case study, it has been found that there is a huge risk of increased of fans, the page also get attracted towards obscene and span content which hamper the information of the page. Due to this issue, Facebook has started the policy in which it is necessary for the company to promote the brand after being associated with the brand. Along with that the Facebook has allowed the fans to develop pages, but it is necessary for them to remain “fan clubs” and “groups”. It has been found through the case study that the company should develop various vents and involve in the corporate social responsibility in order to get attention of the customers towards the services. For this, coca-cola has taken various steps and engaged with local citizens to find out and document their source of happiness (Ashley and Tuten, 2015). The team of the company is succeeded in bringing interest of their fans in the campaigns so that they can ask question regarding the campaign. It has been found that the coca-cola company has upper level of functional social media plan as the company employ four social media channels that are encouraging a high volume of fan include that is productively developing a brand image and community. The account of Facebook allows the users of the company to become fans of coca- cola, thus developing them part of a very huge and animated online community. Along with that Fan can also take part in the discussion forums that permit them to put comment on projects of coke’s advertising and of course the product itself and its dissimilaritiesacross cultures (Hootsuite, 2018). The company is not able to provide sufficient content to develop discussion across all four platforms. The company is lost the opportunity to share depth information regarding their current projects, most remarkably the Live Positively Campaign.
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Social media marketing11 Comparison of other brands Other brands of the social drink brands are also active in participating social media in order to get attention of their customers. The discussion has been made on different companies such as PepsiCo, mountain dew, star bucks. The social media of Pepsi was not started by fans. It has been found that Pepsi has adopted social media marketing strategy but it could not get succeeded as much as coca-cola. The Pepsi brand has started a Pepsi Refresh Project which was the marketing initiative that cultivated innovation in social responsibility with the help of the customer generated ideas. It has been analyzed through various reports that the scope of the coca-cola in attaining the objectives of the social media is huge as the average posts per week of this company are 3. As per current information, it has been found that the followers of coca-cola on social media are 1,871,917. The important aspect is to note that the company of coca-cola has bigger audience; on the other hand, the content of Pepsi seems to be vibrating a little more with their followers, on the basis of their average engagement rates (Chávez, Bernal, Menéndez and Velázquez, 2017). During the campaign, the term of pepsi is quite low in relation of direct product promotion. For this campaign, the company has started to put labelled on their products and cartons. The sales of Pepsi were not increased as per the expectation due to strong position of the coca-cola company in USA. It increases the doubt for campaign and they started to look forward for new approach in order to beat the competition. The approaching strategy of coca-cola is entirely different from other brands as well. It has been found in the context of Starbucks that the consumer of this company is more active in promotion instead of putting more information in the social media. In comparison of coca-cola company, it has been found that Starbucks has started the social media website in order to share, vote, discuss and see. This activity of the company has given an opportunity to the customer to share their
Social media marketing12 view regarding the coffee in an efficient manner without any issue. Along with it has been found that this site involved a blog “Starbucks Ideas in Action” written by employees regarding the execution of and reactions to the innovations (Logan, 2016). In comparison of coca-cola, Starbucks posted coupons online so that the customer of it can download or print out to their phones with their twitter picture of application. In the context of the competitor of Mountain’s Dew, it has been found that it has developed a campaign named “DEWmocracy”, which has challenged the fans of the brand to develop and create the upcoming product of the company. It has been decided by Mountain Dew to prolong the successful campaign with a much broader on- line presence and heavier social media support. It has been recommended to the companies to keep focus on the different strategy of the social media in order to increase the productivity of the employees. The companies should focus on proper planning of international social media marketing strategy in order to get attention of the customer towards the product (Fulgoni, 2015). The companies should set goals that address the huge confronts for the purpose of increasing the brand awareness, attain a higher quality of sales, and drive in person sales. The companies should focus on researching the audiences because assumptions are a dangerous game for marketers. There are some ideas for social media campaign which should be applied by the top brands in order to increase attention of people towards the product and services of the companies. It is necessary for the companies to keep focus on different strategy which should beyond the thoughts. The company should develop well-designed ad creative to focus on professionalism. There should be proper setting of the goals and strategy to measure the outcomes (Austin and Gaither, 2016). The value of the qualitative should be more in comparison of the quantitative data. The procedure of posting ads and addressing the issues of the customers should be easy so that one can approach in an
Social media marketing13 efficient manner. Always focus on using hashtag to make it convenient for your fans to get the content of the company in a one go. There should be enthusiasm by the company to show the customers that how much they envision using the products. The companies should spread the content across as number of social networks as possible.
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Social media marketing14 Conclusion From above discussion, it can be concluded that the role of the social media marketing strategy is huge in increasing the value of the products of the companies. The discussion has been made under this essay by taking consideration of many companies such as Coca-cola, mountain dew, Pepsi and Starbucks. It has been found from above discussion that the campaign strategy of the coca-cola company is perfect in comparison of others companies as they approached better strategy which was able to attract number of customers. This activity was helpful in increasing the rate of the followers on various social network sites. However, the social media marketing strategy has been used by other companies as well but they did not get succeeded in comparison of coca-cola company. The recommendations have been given under this assignment in order to improve the strategy of the social media marketing.
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