BUS106 Marketing Principles: Analyzing Coca-Cola's 4Ps Strategy

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This presentation provides a comprehensive analysis of Coca-Cola's marketing mix using the 4Ps framework: Product, Price, Place, and Promotion. It begins with an introduction to Coca-Cola, highlighting its founding and position in the beverage industry. The analysis of the 'Product' element details Coca-Cola's various offerings, including Coca-Cola Classic, Coca-Cola No Sugar, Coca-Cola with Stevia, and Diet Coca-Cola, noting their growth stage and demand. The 'Price' section explains Coca-Cola's competitive pricing strategy, influenced by market leadership and competition with Pepsi, emphasizing customer demand and psychological pricing. The 'Place' section covers Coca-Cola's extensive distribution network across 200 countries, including wholesalers, supermarkets, and automated teller machines. Finally, the 'Promotion' section discusses Coca-Cola's branding and advertising strategies, including ad campaigns, sponsorships, and CSR activities. The presentation concludes that Coca-Cola maintains its market leadership through strategic pricing and aggressive promotion, while Desklib provides access to similar solved assignments.
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Marketing
(Coca Coal)
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Introduction
Coca Cola was founded in May 1886.
Coca Cola is the carbonated soft drink
that is produced by the Coca Cola
company.
It is the product in beverage industry.
The presentation outlines the products
that are included in the marketing mix
of Coca Cola.
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Products in
Coca Cola
In Australia, Coca Cola is growing at the fastest
rate.
It includes several products. the first product is
Coca Cola classic.
It also has Coca Cola with no sugar. It is one of
the best product of Coca Cola (Cochrane, Cai,
Yuan and Reynolds, 2009).
Coca Cola with Stevia is the another product that
has 50% less sugar than the Coca Cola classic.
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It also has diet Coca Cola that delivers the
unique, distinct and lighter taste as compare to
the Coca Cola (Classic McKee and Stuckler, 2018).
The entire products of Coca Cola are in the
growth staff due to increasing demand.
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Prices
Price is the amount of money a company
charge for its product or service.
Coca Cola is the market leader. Then also,
it charges similar price that of its
competitors.
It charges different prices for different
quantity.
Due to the intensive competition with
Pepsi, it do not too much extend its prices.
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Coca Cola also believes in setting the prices as
per the demand of customers.
It also believes that prices should not be too high
or too low as compare to the prices of
competitors.
It also uses psychological pricing strategy by
reducing the high prices bottle.
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Place
Coca Cola has spent around 130 years
in market.
It operates in around 200 countries all
across the World.
The sizes and shapes of bottles are
predefined by the company.
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It uses several distribution channel such as
wholesalers, restaurants, super markets, petrol
stations, and automated teller machines.
It sells its products to canning operations,
bottling, distributors, fountain retailers and some
of the fountain wholesalers.
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Promotion
Coca Cola has set the bench mark in its
branding as well as advertising.
The promotional strategy of Coca Cola
put emphasis on the aggressive
marketing with the help of ad campaign.
It also engages in several sponsorship
events such as BET Network, NCAA,
NBA, and FIFA world cup (Jackson and
Ahuja, 2016).
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It has also launched the TV advertisements in the
several national languages all over the world
(Singh and Sahin, 2017).
Coca is also engaged in several CSR activities in
order to support the social and environmental
issues all over the world.
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Conclusion
In the limelight of above discussion, it
can be concluded that Coca Cola is one
of the growing company of the world.
In spite of the market leader, it kept its
prices low.
It also does aggressive promotion in
order to aware the customers.
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References
Cochrane, N.J., Cai, F., Yuan, Y. and Reynolds, E.C., 2009. Erosive
potential of beverages sold in Australian schools. Australian
dental journal, 54(3), pp.238-244.
Jackson, G. and Ahuja, V., 2016. Dawn of the digital age and the
evolution of the marketing mix. Journal of Direct, Data and
Digital Marketing Practice, 17(3), pp.170-186.
Singh, U.S. and Sahin, O., 2017. Measuring the Effectiveness of
Sales Promotion Activities on Brand Loyalty: A Study on COCA
COLA. International Journal of Social Sciences and Educational
Studies, 3(3), pp.159-173. Serôdio, P.M., McKee, M. and Stuckler,
D., 2018. Coca-Cola–a model of transparency in research
partnerships? A network analysis of Coca-Cola’s research
funding (2008–2016). Public health nutrition, 21(9), pp.1594-
1607.
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