Coca cola is the brand with the highest brand equity. No doubt it has gone through the ups and downs of business to reach that position. The marketing mix of Coca cola has been changing over time with more and more products being added such that today it has 3300 products. So what is the marketing mix of Coca cola? Read on.
Product in the Marketing mix of Coca cola
The company has the widest portfolio in beverage industry comprising of 3300 products. Beverages are divided into diet category, 100% fruit juices, fruit drinks, water, energy drinks, tea and coffee etc. As per Nielson’s data, Coca cola is the No.1 brand in sparkling beverages, juice, and retail packaged water in 2010. Coca cola has its market presence around 200 countries. Coca cola brands in India are Fanta, Maaza, Limca, sprite, Thums up, Minute Maid, Nimbu fresh, Nested iced tea etc.
Price in the Marketing mix of Coca cola
Due to the availability of wide range products, the pricing is done according to the market and geographic segment. Each sub-brand of coca cola has different pricing strategy. Their pricing strategy is based on the competitors pricing, Pepsi is the direct competitor to coke. Beverage market is said to be a oligopoly market (few sellers and large buyers), hence they form into cartel contract to ensure a mutual balance in pricing between the sellers.
Place in the Marketing mix of Coca cola
Coca cola is the world’s most favorite brand and is available all over the world. The distribution system of coca cola follows the FMCG distribution pattern. The effective distribution network of coke has almost eroded the small and middle level players in the market. In India they have captured even the rural market by extensive distribution and have eroded the market share of Bovonto, Kalimark etc.
Promotion in the Marketing mix of Coca cola
Coca cola adopts various advertising and promotional strategies to create an increased demand in the market by associating with life style and behaviour and mainly targeting value based advertising. You are more likely to see a coke ad individualised for a particular festival or in with a general positive message.
Coca cola uses CSR as its marketing tool to gain emotional benefits in consumers mind. The current promotions through CSR include “Support my school” campaign with NDTV. It has many brand ambassadors like Shahrukh khan, Hrithik Roshan, South Indian Actor Vijay and Trisha, Ghambir, Aamir khan etc and has signed contract recently with Imran khan.
It allows price discounts and allowances to distributors and retailers and uses various types of sales promotions in order to push more products into the market. It employs both push strategy through promotions and pull strategy through advertisements and campaigns.
Also Read about Marketing Mix or about the Marketing strategy of Coca cola & the SWOT analysis of Coca cola.
Hello my name is Daniela, I am doing a work about Marketing Mix of Coca Cola. I needed more information because the work is for the week and here in Portugal nobody answers me. Thank you.
What kind of information do you need? Kindly mail me at marketingnetwork91@gmail.com. Thanks
What’s the Placement of Coca cola?
I’m working on a project for marketing and I have few questions about coca cola company. I want to know what type of marketing segmentation they use (in details, please), what their target markets are, what is their marketing orientation (customer oriented or mass production), what their targeting strategy is, who are their main competitors, how they position themselves in the market and in the consumers’ minds, how they differentiate their products form competitors’, their SWOT analysis?
Thanks in advance.
Please refer this.
https://www.marketing91.com/marketing-strategy-of-coca-cola/
I am conducting a report on internationalization of coca cola and want to know which internationalisation process are they using?
thanks for letting me copy and paste this whole article for my project i appreciate it
I wouldnt advice that :) College time is the best time to learn by doing your own projects :)
Hello my name is yaseen , I am doing an assignment about Marketing Mix and Extended marketing mix of Coca Cola. I needed more information. I would be very grateful If u can provide with more information by by 22nd of Feb 2016. THANK YOU
Sorry. this is the best information i have. I would suggest sites like Scribd and others if they have more information on the marketing mix.
hello I’m alicia and I am doing an assignment on coca cola company and I need some info on the macro and micro environment for the coca cola company please thank you very much (2014 – 2015)
When did you post this article?
can u help with other 4ps of marketing like profit; people; planet; perfomance
Sure. I will write up an article soon on the same. I cannot discuss the same in the comments section for obvious reasons :)
Can you throw some light on the supply chain network of coca cola also the logistics vertical of coca cola. I am doing a project on coca cola.
Hi I want to know the strategies of prices between Pepsi And Coca cola how they beat to each other