Marketing Report: Coca-Cola's STP, Marketing Mix, and Consumer Profile

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Added on  2023/03/23

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This report provides a comprehensive marketing overview of Coca-Cola, analyzing its product, market position, and target audience. It details the company's STP (Segmentation, Targeting, and Positioning) strategy, examining demographic and geographic segmentation, and identifying the target consumer as primarily young adults. The report further explores Coca-Cola's marketing mix, including product, price, place, promotion, physical evidence, people, and productivity, with recommendations for each element. The analysis highlights Coca-Cola's brand loyalty, consumer behavior, and psychographic factors, providing a detailed consumer profile. The report incorporates references to support its findings, offering insights into Coca-Cola's successful marketing approaches and strategies.
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Marketing
Management
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Overview of the
organisation and its product
Coke is a soft drink product of Coca-Cola company. It is an
beverage company which operates in beverage industry.
The company earns the $41,000,000,000
It has 7 cubes of sugar
It is in black colour and strong in taste
COKE is written on red paper which is considered as the logo of
the product
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STP
STP stands for
segmentation,
Targeting and
Positioning
Segmentation
Potential markets
for promoting
and selling the
product
Demographic
Geographic
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STP
Target
Distinct marketing
campaigns to appeal
Segment to target with
upcoming campaigns
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STP
Positioning
Alignment of
products
Makes the
different
from
competitors.
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STP of Coke
Segmentation Segmentation criteria Target Customer Segment
Geographic Region Coke product is available in all
countries but the main target of the
product are those countries and
states of US that have large number
of youngsters
Density Urban/ rural areas
Age Target family
Main target 10-35 years
Above 35 years also drink it
Demographic Gender Male, Female and others
Occupation Not necessary but more preference is
given to Students, and youngsters
Life Cycle Stage Expire date is mentioned on the
manufacturing basis
Loyalty Providing the quality of services to
consumers and satisfy its demand and needs
helps to enhance, brand loyalty
Behavioural Behaviour It target those consumers who are prefers fast
food and also less health conscious
Psychographic Social class, lifestyle It serves the services to all class but mainly
target the higher and middle Class people so
that they can easily afford its prices
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Consumer profile
Teenagers are the main consumers of the
product
It does not wait for cooking food and
spending time in preparation
They live in dream world that’s is why,
they wants a high standard life
15-30 age
Prefers to shows high personality and
attitude
Less price conscious
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Recommendation (Positioning Statement)
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Recommendation
(Marketing Mix)
Product
Marketing campaigns
Quality and
packaging
Price
Low cost strategy
All three classes such
lower, upper and
middle class
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Recommendation
(Marketing Mix)
Process
Strong Supply chain
Agents,
retailers,
supermarkets,
small shops
Online platforms
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Recommendation
(Marketing Mix)
Place
Various number of young people
India, Australia, UK, Italy, China and France
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Recommendation
(Marketing Mix)
Promotion
Digital technology such as YouTube, social media, and
others
Advertisement on television or by radio
It spent 4000,000,000 on advertisement and public image
Creative and innovative campaigns
Campaigns on occasion as per its last year campaign of
Santa clause
Physical evidence
Bills
Electronic chips
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