University Marketing Report: Coca-Cola Mass Marketing Strategies
VerifiedAdded on  2022/09/10
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Report
AI Summary
This report provides an analysis of The Coca-Cola Company's mass marketing strategies. It begins with an introduction to Coca-Cola as a brand, highlighting its global recognition and association with happiness. The analysis explores Coca-Cola's successful marketing techniques, emphasizing its emotional connection with consumers through advertising campaigns that promote equality and spread happiness across diverse audiences. It then examines the company's competitive landscape, primarily focusing on Pepsi and Dr. Pepper Snapple, while acknowledging Coca-Cola's brand loyalty. The report identifies challenges such as the failure of new product formulas, which restricts experimentation and poses a long-term risk. It recommends that Coca-Cola should experiment by testing new flavors and getting reviews from the people to introduce other iconic products, which will boost the sales of the company. The conclusion reiterates Coca-Cola's success in marketing and the importance of experimentation to remain competitive in the market.
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