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7/29/2019 Cocacola Report=Final
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http://inventors.about.com/od/advertisingmedia/ss/Coca_Cola_Comp_2.htm7/29/2019 Cocacola Report=Final
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Mission of The Coca Cola Company
The Mission of the Coca-Cola
Company is to increase shareowner value
over time. The Company over
accomplished the by working with its
business partners to deliver satisfaction
and value to customers an consumers
through a world wide system of superior
brands and services, thus increasing brand
equity on a global basis.
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Vision of coca-cola company
To achieve sustainable growth, we have
established a vision with clear goals.
Profit: Maximizing return to share owns
while being mindful of our overall
responsibilities.
People: Being a great place to work where
people are inspired to be the best they can be
Portfolio: Being to the world a portfolio ofbeverage brands that anticipate and satisfy
peoples desires and needs.
Partners: Nurturing a winning network of
partners and building mutual loyalty.
Planet: Being a responsible global citizenthat makes a difference.
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Needs - states of felt deprivation includingphysical needs for food, social needs forbelonging and individual needs for self-expression.
i.e. I am thirsty.
Wants - form that a human need takes asshaped by culture and individual personality.
i.e. I want a Coca-Cola.
Demands - human wants backed by buyingpower. i.e. I have money to buy a Coca-Cola.
1-4
Needs. Wants. Demands.
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WHAT IS MARKETING
Marketing means A social and managerial process by which
individuals and groups obtain what they need and want through
creating and exchanging products and value with others.
Marketing creating customer value and satisfaction Coca Cola
long the worlds leading soft drink delivers on the simple but
enduring promise, Always Coca Cola always thirst quenching
always god with food, always cool always a part of our life. These
and other highly successful companies know that if they take care of
their customers, market share and profits will follow.
We know marketing is all around us we see marketing in the
advertising that fill own television soon, magazines and mail box.
Marketing more than any other business function, deals with
customers creating customer value and satisfaction are the heart of
modern marketing thinking and practice, marketing is the delivery
of customer satisfaction at a profit. The two fold goal of marketing
is to attract new customers by promising superior value and to keep
current customer by delivering satisfaction.
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Market Segmentation
Market consists of buyers and buyers differ in one or more
ways, they may differ in their wants, resources location, buyingattitude etc. each buyer is potentially a separate market. Ideally, a
seller must design a separate marketing program for each buyer.
Most sellers face large no. of small buyers and do not final
complete segmentation worth while instead; they look for brand
classes of buyers who differ in their product needs or buying
responses.
TypesofSegmentation:-
1 Geographicsegmentation:-
Dividing market by its geographical limits does it. For example
dividing the market as rural market urban market, International
market, domestic market etc.
2 Demographicsegmentation:-
It is done because of population of a particulars state of a
country.
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3 Psychographicssegmentation:-
It is done because of taste, chose in company preferences,
psychology etc.
4 Behavioralsegmentation:-
It is bone because of the behavior of the consumer.
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Market Targeting
Marketing targeting involves evaluating each markets segmentattractiveness and selecting one or more segment to enter.
ACompany should target segments in which it can generate the
greatest consumer value and sustain it overtime. ACompany with
L.T.D. resources might decide to save only one or a few special
segments.
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MARKETING MIX
Once the company has decided on its overall competitive
marketing strategy, it is ready to being planning the details of the
marketing mix. The marketing mix is one of the major concepts in
modern marketing. We define marketingmix as the set of controllable
tactical marketing tools that the firm blends to produce the response it
wants in the target marketing. The marketing mix consists of
everything the firm can do to influence the demand for its product. The
many possibilities can be collected into four groups of variables known
as the Four Ps: product, price, place, and promotion. Figure 5-6
shows the particular marketing tools under each P.
.
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TargetCustomers
Intended
Positioning
PRODUCT
Product variety
QualityFeaturesBrand nameSize
ServicesWarrantiesReturns
PROMOTION
AdvertisingPersonal sellingSales promotionPublic relations
PRICEList piece
DiscountsAllowancePayment periodCredit terms
PLACE
ChannelsCoverageAssortmentsLocations
InventoryTransportationLogistics
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ADVERTISEMENT
Advertisement is important to introduce the product in the
market. Advertisement is the channel of information for consumer
advertising is long term channel which gives benefit in long time
when product advertise is very attractive then it affect the consumer
to purchase there product. Advertising makes purchasing easy for
consumer. Advertisements prove that the particular brand will be
better than other brand of same goods. Today without advertising
products sale is very difficult TV Channels, Radios, Posters, News
Papers, Bill Broads are the main way of advertising.
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In India coke give advertising with help of super stars of films
and player like Amir Khan, Aishwarya Rai, Salman Khan, Vivek
Obroy , Rajwardhan Rathod etc. who are the best super stars of the
bollywood and every person attract by them and they gives different
messages in their adds about the products.
In the year 2005 Coke select in their add shooter Raj Vardhan
who is shooter of India who win many medal in their shooting game
and attract all Indians with their game and coke selected him in their
add and he attract the cokes consumers also with their thoughts.
Obray ,Aishwarya Rai, Virendra Shwag, Amir Khan, Hritik Roshan
and Raj Wardhan Rathod came with Coca Cola add.
Today Coca - Cola has become the latest company to use an
umbrella advertising coma ping to support its portfolio of brand.
After all how many consumers know that Coca Cola was 67.4
billion in a recent inter brand study owns the fanta minute maid and
miler brands in addition to the anonymous brown fizzy drink with
its lemon lim and diet varmints. The advertising which uses the
banner A world refreshment bring so gebher all of the iconic
cocke bottle. This campaign aim to tells consumers that Coca cola
products health drinks such as orange juice and water.
Brand ambassadors:-
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Hritikroshan(actor)
-Aish(actress)
-Aamirkhan(actor)
SALES PROMOTION
Short term incentives to encourage the purchase or sale of a
product orservice.
Consumer Promotion Tools
The main consumer promotion tools include sample, coupons,
cash, refunds, price packs, premiums, advertising specialties,
patronage rewards, point of purchase displays and demonstrations
and contests, sweepstakes and games.
Sample A small amount of a product offered to consumers for
trail. Samples are offers of a trial amount of a product. Sampling is
the most expensive way to introduce a new product.
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http://inventors.about.com/od/advertisingmedia/ss/Coca_Cola_Comp_7.htm