Why Should a Company Like Coca Cola Continue to Advertise?

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The Coca cola Bottling Company has over the years been the leading world’s beverage company operating in over 200 countries with a product line near to 2,800 divers’ items and brands, primarily sparkling beverages. The Company also has variety of still beverages such as waters, enhanced waters, juices, ready‑to‑drink teas and coffees, energy and sports drinks. Coca cola owns and market four of the world’s top four nonalcoholic sparkling beverage brands: Coca‑Cola, Diet Coke, Fanta and Sprite,etc. As their mission, the coca cola company aims at refreshing people, inspiring moments of optimism and happiness, create value and make a difference in all countries operating within. This would be met if extensive marketing strategy is developed. In the 2011 Annual report, the coca cola company stated that their success depends on their ability to connect with consumers by providing them with a wide variety of options to that meet their desires, needs and lifestyle choices. “Our success further depends on the ability of our people to execute effectively, every day”. Without effective communication, there would not be a connection between the consumer and the producer. And this can only be achieved through advertising. “Advertising has become increasingly important to both large and small business enterprises. It is difficult to conceive a firm that does not attempt to promote its product in some or another. Most modern institutions cannot survive without advertising”, says C.L. Tyagi and Arun Kumar in their Adverting Management, 2004. This informs us on how essential advertising is to any focused company irrespective of their market share. Well known companies like coca cola spend a significant amount of their budget to advertise not necessarily creating awareness but gaining and retaining brand recognition. There are many brands that offer the same features and

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