Digital Marketing and Re-launching Coca-Cola: Communication Strategies

Verified

Added on  2023/06/18

|9
|459
|435
Presentation
AI Summary
This presentation provides a marketing pitch for re-launching Coca-Cola in the US market, focusing on the 'New Coke' concept. It includes market research, customer segmentation using the STP approach (Segmentation, Targeting, and Positioning), and strategies for achieving project success. The presentation highlights the identification of the target audience, primarily teenagers, and the positioning of the brand with a new flavor while retaining the original formula. It also discusses the projected customer response and product strength. Furthermore, it outlines a promotional mix for a successful digital marketing campaign, including advertising, public relations, and social media strategies, emphasizing how effective marketing campaigns can lead to commercial success by promoting organizational products and services cost-effectively and reaching target customers. The presentation concludes with a list of references.
Document Page
Marketing &
Communications in a
Digital World
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of content
Introduction
Identification of target audience and market segmentation
Projected success
Promotional mix for a successful marketing campaign in a
digital world
Effective marketing campaign leads to commercial success
References
Document Page
Introduction
The presentation is going to present a
pitch for re-launching product. This
would include the entire market
research regarding customer segment
and the potential ones. There will be
strategies to make the project success
and re-launch new coke of Coca-Cola
in US market.
Document Page
Identification of target audience and
market segmentation
STP approach
Segmentation: Coca-Cola is
launching the New Coke for
above the age group of 13,
middle and rich class income.
People belong to any
background and culture.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Continue
Target: The main targeted people are
teen age group as they prefer to
consume beverages most often.
Position: The Company position the brand
by adding new flavour but with existing
formula to not let down the customers.
Coca-Cola establishes its brand name back
in US market.
Document Page
Projected success
Customer response: The customer responds excitement for the coming up
of New coke but after tasting test, they lose a sense of originality due to
adding new formula.
Product strength: The Coca-Cola refreshes the mind and gives a
satisfactory taste to the people.
Document Page
Promotional mix for a successful
marketing campaign in a digital world
Some of the important promotional
mix strategies are mentioned below
that focuses on communication:
Advertising
Public relations
Social media
Sales promotion
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Effective marketing campaign leads to commercial success
Effective marketing campaigns are important for the success of
organisation. This can be better understood with the help of following
points which are mentioned below:
Effective marketing campaigns promote organisational production services
in a better way adjust not only focusing on customers reach but also
focusing on cost effective methods.
With the help of effective marketing campaigns, organisation such as Coca
Cola is able to reach with their target customers. This will assists them to
achieve their goals and objectives.
Document Page
REFRENECES
Talukder, O., 2019. Impact of Corporate Social Responsibilities on Revenue
Ge
Kurniawan, R., Saudi, M.H.M. and Wijaya, Z.R., 2018. The Influence of
Brand Equity and STP Towards Pricing Strategy and the Impact on
Decision Making. International Journal of Engineering &
Technology, 7(4.34), pp.318-326.
Pham, P., 2020. Marketing plan for shoe care business in Turku.
Chernev, A., 2020. The marketing plan handbook. Cerebellum Press.
chevron_up_icon
1 out of 9
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]