Detailed Strategic Business Plan: Coca-Cola Company

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Added on  2023/03/17

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This document provides a detailed business plan for the Coca-Cola Company. It begins with a company description and outlines long-term aims and launch goals, followed by a SWOT analysis that assesses the company's strengths, weaknesses, opportunities, and threats. The plan includes a vision statement explanation, market analysis covering target markets, market trends, and competitor profiles. It also incorporates market segmentation, a PESTEL analysis, and a sales strategy. The plan further addresses research and development, management organization, and financial projections, including profit and loss accounts, balance sheets, and cash flow projections, as well as funding requirements. The plan concludes with a comprehensive list of references. This business plan provides a thorough overview of Coca-Cola's operations and strategic initiatives, offering valuable insights into its business model and future direction. The document is contributed by a student to be published on the website Desklib. Desklib is a platform which provides all the necessary AI based study tools for students.
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P R E S E N T E D B Y:
N A M E
A F F I L I AT I O N
D AT E
Coca-Cola Business Plan
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Company Description
Coca-Cola is one of the United States of
America's international manufacturers
beverage concentrates
Coca-Cola provides over 350 brands across
different countries in the world
The company deals in many other brands,
including Fanta, Sprite, Minute Maid,
Powerade sports beverage, Nestea
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Long term Aims of the Business
To reach the maximum of their respective
target customers in respect to the new
product
To spread the product's maximum business
and brand-related information
To acquire the highest distribution channels
for its new product
To have their new product reach every
geographical area where its potential
customers stay
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The launch Goals and Objectives
Building awareness of the new product
Gaining Trial for the new product
Adopting the product
Growth Sales of the product
Coca-Cola product Growth
Coca-Cola Profitability
Coca-Cola Product Enhancement
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SWOT analysis (Internal)
Strengths
Coca-Cola brand reputation and recognition
The company has extensive channels of distribution
Strong partnerships with different bottling companies
Great marketing and advertising capabilities
Weaknesses
Competition with other products such as Pepsi
Sugar taxes in some countries influence the pricing strategy of the
Company's products (Colantuoni, 2015).
Company’s structural changes have led to uncertainties in the
organization
The perception that Coca-Cola products are unhealthy
( Wijngaarden et-al, 2012)
Negative publicity in different countries
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SWOT analysis (Internal)
Opportunities
Possibility of experiencing an increase in sales in developing
countries
Marketing expansion through acquisitions and partnerships
Adopting an advanced supply chain system
Increasing its presence in different developing countries
Threats
Controversy concerning the company's usage of water
Stiff competition from its competitors both locally and globally
( West, 2015)
Weak product portfolio in terms of the company's healthy or
non-carbonated drinks
Scarcity of raw materials
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Vision statement explanation
People: Coca-Cola intends to create a good working area where
individual employees get inspired to become the best
Portfolio: Coca-Cola intends to introduce to the people different
high-quality brands, which satisfy its customers through
anticipation of their needs and desires
Partners: Coca-Cola plans to nurture a group of different suppliers
and customers in the creation of an enduring and at the same time
mutual value
Planet: Coca-Cola wants to operate responsibly in the creation of a
difference through supporting and building communities, which are
greatly sustainable
Profit: Maximizing the organization’s long-term shareholder
returns as it stays focused on its respective responsibilities
Productivity: Operate as a highly effective, fast-moving, and lean
organization.
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Market analysis
Under this section, the covered aspects
include
Target market
Total Market valuation
Targeted Share or revenue
Market trends
Profile of competitors
Competitive advantage
Benefits to clients
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Market segments
The market segments used by the company
are listed below
Geographical Segmentation
Consumption place
Type of Product
Demographics
Targeting
Positioning
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PESTEL analysis
In this section, I present you the following
factors;
Political factors
Economic Factors
Social factors
Technological Factors
Environmental Factors
Legal factors
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Sales Strategy
The Coca-Cola Company will sell its Coca-Cola product
through various distribution channels.
Coca-Cola Company still has the responsibility of owning this
new brand, and has to undertake its consumer brand initiative
of marketing (David and John, 2009).
The Company's different bottling partners will produce, pack,
and then distribute the Coca-Cola product to vending partners
and customers (Ahmed & Vishnu, P, 2014).
In selling the new Coca-Cola product, the Coca-Cola bottling
company’s partners will work together with stores,
restaurants, suppliers, convenient stores
The product will further be distributed to different retail
outlets, restaurants, corner stores, petrol stations, and many
other areas.
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Research and development
Technology Roadmap
Team
Methodology
Platforms Used
Milestones to be achieved
Research and Development
Technical Partners
IP, Patents, copyrights, and brands
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