Coke Marketing Strategy

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10/11/2014 Principles of Marketing Course Code: M420 MARKET SEGMENTATION, TARGET MARKETING, COCA COLA DIFFERENTIATION & POSITIONING Course Instructor: Mrs. Rafia Afrin Lecturer, Institute of Business Administration, University of Dhaka Submitted By: Tasin Islam BBA 22nd, Section-A Roll: ZR-17 Company Introduction: The Coca-Cola Company is an American multinational beverage corporation and manufacturer, retailer and marketer of nonalcoholic beverage concentrates and syrups, which is headquartered in Atlanta, Georgia. The company is best known for its flagship product Coca-Cola, invented in 1886 by pharmacist John Stith Pemberton in Columbus, Georgia. The Coca-Cola formula and brand was bought in 1889 by Asa Griggs Candler who incorporated The Coca-Cola Company in 1892. The company operates a franchised distribution system dating from 1889 where The Coca-Cola Company only produces syrup concentrate which is then sold to various bottlers throughout the world who hold an exclusive territory. The Coca-Cola Company owns its anchor bottler in North America, Coca-Cola Refreshments. Market Segmentation: Coca Cola segments their market mainly on the basis of age, income and family size. There are also some other criteria which vary regionally. Age is one of the most significant parts of the segmentation of Coca Cola. Coca Cola introduces Coca Cola diet for the people who are suffering from diabetic and for those who are likely to avoid sugar and for the aged people specially 40 plus. Coca Cola mainly produces the Coca cola and the main customer of Coca cola is young people whose age is 10 to 35. Coca cola also segment the market on the income basis by making little pack. They have an awesome price rang to all class of people. They introduce different price of containers with different size for the people whose income is different. They think about
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