The document provides information about Coca-Cola's marketing of their new product Coke Life, which was aimed at health-conscious consumers. It discusses Coke Life's positioning as a healthier option with less sugar and natural sweeteners. However, the marketing campaign for Coke Life was ultimately a failure. Initial sales did not meet targets and sales dropped over time. The product was also criticized for potential greenwashing and not being much healthier than regular Coke. While targeting millennials interested in health, the taste of Coke Life was seen as overpowering and not meeting consumer expectations. The document analyzes the marketing strategies, branding, competition and value proposition of Coke Life.
Ducati has built its brand image as the sports bike manufacturer. Ducati has captured a huge portion of the market in all four categories of the sports bike. They concentrate on dominating a niche Performance-driven motorcycles, lighter frame, forward-leaning eat position, significant handling capabilities, on the other hand, luxury of comfort is sacrificed. However, in the current business situation, Ducati is facing a high competition from its rival bike manufacturers in heavy and cursing bike categories. Customer’s perception regarding repeat acquiring a bike from the same manufacturer has changed since 2000. “Exhibit 16” shows that customers of Harley-Davidson and BMW are more interested in buying bikes from them repeatedly, which is increasing the competition for Ducati to retain its current customers. Ducati is showing a steady growth and profits in its relevant market, but it is not enough to sustain in the industry for a longer period. Hence, the main issues are potential stagnant growth for the company. Should Ducati enter the cruiser market? Will entering the cruiser segment, and broadening Ducati's traditional niche, help them sustain the profitable growth of the organization?
Achal Raghavan's case analysis (along with those from other authors) published in Vikalpa (the IIM Ahmedabad journal) in Oct-Dec 2007. Deals with the challenges faced by Infosys in transitioning from low-end system maintenance jobs to high-end consulting / solutions projects. The analysis includes a strategy recommendation. Though published several years back, the analysis is especially relevant now, when the "Infosys 3.0" growth strategy is under increasing scrutiny.
Ducati has built its brand image as the sports bike manufacturer. Ducati has captured a huge portion of the market in all four categories of the sports bike. They concentrate on dominating a niche Performance-driven motorcycles, lighter frame, forward-leaning eat position, significant handling capabilities, on the other hand, luxury of comfort is sacrificed. However, in the current business situation, Ducati is facing a high competition from its rival bike manufacturers in heavy and cursing bike categories. Customer’s perception regarding repeat acquiring a bike from the same manufacturer has changed since 2000. “Exhibit 16” shows that customers of Harley-Davidson and BMW are more interested in buying bikes from them repeatedly, which is increasing the competition for Ducati to retain its current customers. Ducati is showing a steady growth and profits in its relevant market, but it is not enough to sustain in the industry for a longer period. Hence, the main issues are potential stagnant growth for the company. Should Ducati enter the cruiser market? Will entering the cruiser segment, and broadening Ducati's traditional niche, help them sustain the profitable growth of the organization?
Achal Raghavan's case analysis (along with those from other authors) published in Vikalpa (the IIM Ahmedabad journal) in Oct-Dec 2007. Deals with the challenges faced by Infosys in transitioning from low-end system maintenance jobs to high-end consulting / solutions projects. The analysis includes a strategy recommendation. Though published several years back, the analysis is especially relevant now, when the "Infosys 3.0" growth strategy is under increasing scrutiny.
The classroom activities to think and plan business plan for sample company. This business plan not related to the real plan for Adidas AG. For more exchange in ideas please comment. Thank you.
Ducati Motor Holding S.p.A. is an Italian company that designs and manufactures motorcycles. Headquartered in Bologna, Italy, Ducati is owned by German automotive manufacturer Audi through its Italian subsidiary Lamborghini, which is all owned by the Volkswagen Group.
This presentation briefly will elaborate how IKEA has adopting Porter's Five Forces and Value Chain Analysis in order to maintain its competitive edges over its rivals in furniture market all over the globe by providing good quality furniture at a lower price tag. Hence by bringing in innovative design, improved functionality, low cost operating expenditures and offering excellent quality at lower prices, IKEA's has proved to be a success.
Prensentation of the nike company :
History of the company - Location of its headquarters - Logo - Ethics
-Sustainability of the company
-Famous athlete who endorsed the brand
Analisi del posizionamento del Brand Nike mediante l'utilizzo di diverse metodologie aziendali, tra cui Modello di Abbell, matrice Opportunità e minacce, 5 forze di Porter, Modello di Burton, catena del valore e quadro strategico.
The classroom activities to think and plan business plan for sample company. This business plan not related to the real plan for Adidas AG. For more exchange in ideas please comment. Thank you.
Ducati Motor Holding S.p.A. is an Italian company that designs and manufactures motorcycles. Headquartered in Bologna, Italy, Ducati is owned by German automotive manufacturer Audi through its Italian subsidiary Lamborghini, which is all owned by the Volkswagen Group.
This presentation briefly will elaborate how IKEA has adopting Porter's Five Forces and Value Chain Analysis in order to maintain its competitive edges over its rivals in furniture market all over the globe by providing good quality furniture at a lower price tag. Hence by bringing in innovative design, improved functionality, low cost operating expenditures and offering excellent quality at lower prices, IKEA's has proved to be a success.
Prensentation of the nike company :
History of the company - Location of its headquarters - Logo - Ethics
-Sustainability of the company
-Famous athlete who endorsed the brand
Analisi del posizionamento del Brand Nike mediante l'utilizzo di diverse metodologie aziendali, tra cui Modello di Abbell, matrice Opportunità e minacce, 5 forze di Porter, Modello di Burton, catena del valore e quadro strategico.
IntroductionTeam 9 Consulting will be working with Coca-Cola t.docxnormanibarber20063
Introduction
Team 9 Consulting will be working with Coca-Cola to develop an analysis of their marketing strategies. We’ll discuss various facets of the industry and the company and provide a recommendation for their marketing department.
The specific product line that we will be focusing on in our marketing plan is on the Coca-Cola brand drink itself, or Classic Coke. Coca-Cola does have many varieties of Coke, such as Coca-Cola Life, Diet Coke, and Coke Zero that will be touched on throughout this report as well.
Market Profile
Coca-Cola (NYSE: KO) is the world's largest beverage company with over 500 brands and 3,900 beverage choices (Coca-Cola, 2017). They aim to continue their growth and “refresh the world” by starting within and making the company a better, more sustainable one. Their main competitors in the beverage industry are Pepsi and Dr Pepper Snapple Inc. (Reference.com, 2017)
Coca-Cola has strong values that guide their business philosophy: Coke supports ideas such as family, togetherness, happiness, and community. This is strongly reflected in their company vision statements.
Mission Statement (Coca-Cola, 2017):
Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions.
· To refresh the world...
· To inspire moments of optimism and happiness...
· To create value and make a difference.
Coca-Cola mainly manufactures and sells Carbonated Soft Drinks (CSDs). As of December 2016 Coca-Cola led the CSD sector with a market share of 40.7% which resulted in approximate sales of $18,630.8 million (Mintel, 2017).
The CSD market is a multi-billion dollar industry seeing approximately $36 billion dollars in revenues each year (Stivaros, 2016). The industry has been in decline in recent years, with CSD sales forecasted to continue falling. The graphic below (Mintel, 2017) illustrates this decline.
Growth Strategy
Coca-Cola has two main growth strategies: strategic initiatives and product development.
Strategic initiatives:
James Quincey, President and COO of Coca Cola, has spoken recently about Coca-Cola’s growth strategy (Bailey, 2016), which is based on the following five initiatives to restore momentum and transform the business: focus on productivity, streamline organization, make disciplined investments, adapt a segmented approach to driving revenue, and focus on its core business model.
Coca-Cola’s business approach of segmenting its operations, such as outsourcing all of their bottling to partners (Coca-Cola, 2017), helps them keep costs low and increase their overall profits.
Product Development:
During a conference call during their 3rd Quarter in 2016 (Bailey, 2016) their Chief Operating Officer noted the following strategies:
· Expanding their sugar free range of sodas
· Working on reformulating existing products to contain less sugar
· Packing their soda in smaller containers
· Expanding their range.
Running head CONSTRUCTING EFFECTIVE MESSAGES .docxsusanschei
Running head: CONSTRUCTING EFFECTIVE MESSAGES
CONSTRUCTING EFFECTIVE MESSAGES
Constructing Effective Messages
Daniel Jacobson
COM/295
Alex Luna
September 01, 2016
Constructing Effective Business Messages
Several products and services are produced around the globe on a daily basis and need proper marketing procedures as well as strategic positioning to ensure that these products reach the intended audience and the targeted market on time. This piece of work presents a deep analysis of coca cola products, their characteristics, worth, the targeted audience as well as the approaches used by the company to establish the credibility of the products in its diversified markets.
The Coca-Cola Products and Characteristics
America is known for several products sold in domestic markets as well as the overseas markets. The products range from ranging from household goods and food products to electronic appliances such as the Apple smartphones. One of the best known American products is the coca cola soft drinks that are sold in more than 200 countries around the globe. It is the most popular and biggest-selling soft drink in history, as well as one of the most recognizable brands in the world. Coca cola comes in several brands which are appealing to different customers and attracts the attention of these customers from across the globe. The features of this product are distinct from variation in brands. For instance, sprites the world's leading lemon-lime flavored soft drink, sold in more than 190 countries and ranks as the number three soft drink world over; Fanta is the second oldest brand of The Coca-Cola Company and the second largest brand outside the US. Fanta Orange is the leading flavor but almost every fruit grown is available as a Fanta flavor somewhere. Consumed more than 130 million times every day around the world, consumers love Fanta for its great, fruity taste. Other coca cola brands like Pure, crisp Dasani delivers fresh taste with a clean, fresh style. Dasani Drops is the vibrant and delicious drop that transforms everyday moments into something deliciously fun, unexpected and colorful day. While Minute Maid has been making juice for more than 60 years and has a heritage of nutrition, innovation, and quality that makes it more appealing to customers as it is rich in nutrients and taste (Weber, Story, & Harnack, 2006).
The Worth of Coca-Cola
The worth of a product is considered in several facets. According to J. F Kapferer, there are six pillars to be considered in establishing whether or not a product is worthwhile. These constitute the Kemferer's brand identity prism with six faces namely: the physique, personality appeal, culture, relationship, reflection, and self-image. Coke, for instance, has strong words that are associated with its brands that evoke a strong response from customers whenever the brands are mentioned. T ...
The Coca – Cola Company Market Position Analysis 1The Co.docxcherry686017
The Coca – Cola Company
Market Position Analysis
1
The Coca – Cola Company
Market Position Analysis
2
Market Position Analysis
Dwayne Woods
Capstone Experience in Integration & Strategy
Dr. Thomas H. Kemp
December 18, 2013
Assignment 3: Market Position Analysis: The Coca-Cola Company
The Coca-Cola Company is a leading world brand that makes soft drinks that are ready to drink. The company makes products such as Coke, Fanta, Sprite, Minute Maid, Dasani water among others. It has managed to hold its market position as the leading beverage producer in the world, facing competition from PepsiCo. Coca-Cola sells its products in the whole world, having divided its operation areas in regions such as Africa, Eurasia, Latin America, European Union, North America and Pacific. The company’s mission statement is ‘refreshing the world –in mind, body and spirit’.
Coca-Cola Company’s target market is any person who likes soft drinks, but lately they have been targeting teenagers and people below thirty. In short, its main target market is the youth. According to Vendredi (2012), the company uses several strategies to reach its target market. The company has partnered with restaurants and fast foods such as McDonald. This is because most of these young people eat in such places. The company has also made adverts for their current slogan, ‘Open happiness’ with teenagers as the cast. Most of the adverts show young people below the age of thirty having fun while taking their products. Their target market consists of both male and female youth. The young people are seen buying lots of beverages and Coca-Cola has set out to have them as their target audience.
Coca-Cola does not segment its market by age. From, an interview with a Coca-Cola manager, she claimed that their market is undifferentiated. Ali and Mohammad (2011) argue that their market is segmented on the basis of geographic region, demography, climate and behavior. Geographically, it sells higher quality products in the developed nations since per capita income is high. It also sells more in urban areas around the world than in the rural areas. The company segments its market according to climate because it sells its products in hot areas more than in cold areas. All its products are served cold. During summer, Coca-Cola sales are high in most areas around the world. The company also segments its market according to demographics. It has products for children between 4 and 12 since it has some that have flavors such as cherry, vanilla and lime. The Coke, Fanta and Sprite brands mostly targets the youth. The company also packs its products for families, that is, in the economy pack that usually has six cans. It also segments by income and this is seen in packing for example, plastic bottle soda is more expensive that the glass bottle.
The Coca-Cola Company is positive that their products satisfy their customer’s needs. This is because their customers are loyal. They also know this through ...
Fils-Aime 13
Valdirene Fils-Aime
Michael Matvichuk
CMGMT 4140 -- Strategic Management
Project: Five-Step Strategic Management Plan Analysis
Coca-Cola Company in the beverages industry
Step I. Corporate Mission and Goals
Brief history of the background and evolution of the organization
Coca-Cola Company is the manufacturer of Coke or Coca-Cola soft drinks. The company was founded in 1886 by John Pemberton. He was inspired by his curiosity as he stirred up a fragrant, caramel-colored liquid that he brought down to a place called Jacobs’ Pharmacy. There he added carbonated water and let several customers sample the new concoction. Although John Pemberton invented Coca-Cola, which is a carbonated soft drink, he later sold it to businessman Asa Griggs Candler, whose smart marketing tactics made the soft drinks to dominate the world of beverages in the entire 20th century. During the introduction stage into the market, the company used to sell nine drinks in Atlanta per day, but currently it is selling more than 19400 beverages every second around the globe (Moran). Its advertising strategies have changed to reach greater markets. Today Coca-Cola is one of the best-known brands around the world. However, when the company started, it used free coupons to promote its product. When Griggs Candler acquired the company, his budget to promote the product was $11,000. In 2011, the company allocated $4 billion for the marketing of its products (Moran). Also, over the decades the bottling of the beverages has changed to differentiate it from other close substitutes. These changes have also been seen in the company logos.
Mission and Vision
Coca-Cola has aimed to maximize its profit while keeping long-term sustainable growth in the beverage industry. The mission statement of the company states that it aims to refresh the world, inspire the moments of happiness and optimism, and create value and build a difference in the world. The vision of the company is their road map and acts as a guide to every aspect of their business by explaining what ought to be accomplished to achieve sustainable and quality growth around the world. It appears that the vision of Coca-Cola consists of 6 P’s which are people, portfolio, partners, planet, profit, and productivity. The company’s values include integrity, collaboration, accountability, diversity, leadership, passion, and quality (“Mission, Vision & Values”). The winning culture of the company explains its behaviors and attitudes that will make their vision 2020 a reality.
General Structure and Leadership Style
The organizational structure of the company is structured in such a way that it operates smoothly, and the growth of the company is enhanced. The company is composed of fifteen board members who include the CEO of the company James Quincey. The board members are all divided, and each of the board heads several other committees. Currently, the company is now divided into three regional groups, which include ...
Similar to MarketingGroupAssignment finishhhh (19)
1. Assignment 2
Marketing Report
No. Last Name First Name Student ID Tutorial Time Tutor Name
1 Ye Ben 831539 Monday 12 PM Andrew Zur
2 Mirpuri Jayraj 752864 Monday 12 PM Andrew Zur
3 Amin Marzuk 824100 Monday 12 PM Andrew Zur
4 Moll Ryan 850461 Monday 12 PM Andrew Zur
Word Count: 3286
2. ExecutiveSummary
Due to the change in lifestyle of customers, The Coca-Cola Company launched a product,
Coca-Cola Life, in order to satisfy their health-conscious customers. This report analyses the
success of the marketing strategies of Coca-Cola Life. The Coca Cola Company released the
product in 2015 to Australia and New Zealand. Coke Life, hence the name, was an attempt by
Coca Cola to create a more natural product because the key value driver in the industry is
customer’s preferences. The can was made out of 30% plants and the drink had a natural
sweetener called stevia mixed in. The soda was segmented to a more specific demographic and
psychographic market within the soft drink industry: millennials (18-35 year olds) who are
interested in a healthier lifestyle.
Coca Cola Life occupies the position between full calorie sodas and diet sodas, or mid
calorie sodas. It is positioned as a healthier version of Coca Cola, with 30% less calories and a
natural sweetener of stevia. It is also positioned as healthy and environmentally friendly, with its
green packaging signaling these traits. Unfortunately, it is unable to take advantage of Coca
Cola’s already prevalent position as a fun, life loving drink, as none of its advertising suggests
that it is more than a health product, which it isn't.
Ultimately, Coca-Cola’s marketing campaign was a disaster, both on financial and ethical
fronts. Initial sales did not reach the mark of what it could’ve been, and Coca Cola’s latest
attempt at giving life to their classic soft drink fell flat, with sales dropping heavily every quarter
across the globe. Furthermore, accusations of greenwashing consumers and faring up against the
rise in ‘cold-pressed’ juices and juice cleanses proved to also be detrimental to the company,
with research showing that the product was almost just as unhealthy as regular Coke.
A limitation of this study is the report is constrained to Australian market, but it is an
international product, so sales data is pressured by any international demand. Another is the fact
that Coke Life is a relatively new product, and it remains to be seen whether it will have a lasting
impact on consumers, and whether it can inspire any brand loyalty, which is seen as a true
success of marketing.
3. Introduction
The Coca Cola Company was started in 1886 by Dr. John S. Pemberton when he
stumbled upon the modern day concept of soft-drinks. By combining flavored syrup and
carbonated water the Coca-Cola beverage was created ("Coca-Cola History │ World of Coca-
Cola", 2016). Now, in 2016, TCCC has four main Coke products including: the original Coca
Cola, Diet Coke, Coke Zero and most recently Coke Life. The Soft Drink Industry is
competitive, and Dr. Pepper by Snapple Group and Pepsi Company are two of the mains.
However, Coca Cola is still dominant with a brand value of $80.31 billion U.S. in 2016 ("Coca-
Cola: brand value 2016 | Statista", 2016). The industry is still growing with a projected increase
of $4.4 billion in 2016 ("Soft Drink Manufacturing in Australia Market Research | IBISWorld",
2016). Recent consumer trends are demanding for healthier options than the full calorie sodas.
This paper will go into more depth about Coca Cola’s introduction of Coke Life to Australia and
New Zealand in 2015 ("Coke Life arrives in Australia and New Zealand", 2016).
Consumer Behavior and MarketSegment
For companies in the soft drink industry to succeed it is important for them to assess their
customers because it allows for distribution of products that meets specific needs (McDonald,
258). The industry consists of multiple drinks includes: carbonated soft drinks, sports drinks and
energy drinks—excluding waters and fruit drinks ("Soft Drink Manufacturing in Australia
Market Research | IBISWorld", 2016). Traditionally the soft drink industry segments into three
main variables, or desires in terms of product includes (Pride, W. M., Ferrell, O., Lukas, B. A.,
Schembri, S., & Niininen, O.,2015): geographic, demographic and psychographic. Companies
generally segment geographically by countries, demographically by ages, and psychographically
by lifestyle and level of health awareness ("Soft Drink Manufacturing in Australia Market
Research | IBISWorld", 2016). The key value that drives the market is the consumer’s
preferences. The chief executive officer of the Australian Beverage Council, Geoff Parker was
quoted, “The beverage industry is always looking to respond to Australian consumers and their
needs” ("Coke Life arrives in Australia and New Zealand", 2016).
4. As an industry the annual growth is slowing down. Though it is bringing in a total of
$4.4 billion a year, the growth is expected to slow from 2.4% (2011-2016) to .9% (2016-2015)
("Soft Drink Manufacturing in Australia Market Research | IBISWorld", 2016). The main factor:
health awareness. The latest national survey of Australians showed that roughly 63% of adults
are considered overweight ("Obesity: Prevalence Trends In Australia", 2014). However, that is
starting to change, mass amounts of articles began flooding the news proclaiming that sodas
were unhealthy. One article summed it up—sugar in soda backed with zero nutritional values
leads to negative effects on bones, weight, tooth decay, diabetes, and more (MacMillan, 2016).
Then in 2015, shown by figure 1, Coca Cola posted their lowest profit in eight years. Every age
group above the age of 25 has decreased their daily consumption of soda—for example 25-35
year olds were 4% less likely to drink a Coke in 2014 as they were 2013 ("More young
Australians drinking soft drinks", 2015). The large soft drink companies had to respond. Pepsi
and Coke similarly introduces diet sodas, zero calorie sodas and now Pepsi Next and Coke Life.
As the soft drink industry is considered to be in the mature phase, sugarless or low-sugar sodas
are helping to level out the underperforming long-standing products ("Soft Drink Manufacturing
in Australia Market Research | IBISWorld", 2016). Coca Cola Life’s 30% less sugar is tapping
into this market.
Figure 1: Soft Drinks Age Analysis
5. Coca Cola Life’s name says a lot about what customers Coca Cola is trying to capture. It
was first launched in Argentina and Chile in 2013, and later in the USA, Great Britain and
Mexico (Vavere, 2016). Argentina was an ideal location to start in 2013 because it boasts, in
comparison to Australia, a low obesity rate of 18 percent, and is generally considered health and
environmentally conscious. Coke Life represented both of these attributes as a soft drink product
that is healthy for the customer and the environment because of its natural stevia sweetener and
bottle made up of 30 percent plant. The target market segment for Coca Cola Life is 18 to 35
year olds (the millennials) who are interested in preserving their health and the environment
(Bouckley, 2013). Coke Life is making an effort to market using behavioristic variables with the
“green” bottles being used in production. The millennials are being projected to be some of the
highest spenders on retail goods in many countries; the U.S. expects them to be spending $1.4
trillion in 2020. Millennials have been gravitating towards healthier drinks that also represent
what kind of person they want to be perceived as (Fry & Kim, 2015).
The 1960’s to the 1990’s was great times for soda companies, but they are facing a
daunting future. Millennial consumers are becoming more educated about what they are eating
and drinking. While diet sodas may offer a zero calorie or lower calories, they also offer no to
little nutritional benefits and have been linked to type 2 diabetes (Squillace, 2016). The
awareness of low calorie soda’s negative health associations is rising—however the main
concern is that more and more millennials are reading the nutrition labels not for the calorie
count, but the ingredient information (Fry & Kim, 2015). Ms. Nestle (owner of Dr. Pepper)
notes the soda industry saw the largest decline in consumption by the wealthier population, but is
expecting to see declines by the lower classes due to the spread of education through consumers
(Sanger-Katz, 2015). Coca Cola Life’s green packaging and use of stevia may not be enough to
steer people away from accounting it as another unhealthy soda. Especially since the company is
getting backlash for greenwashing and the high density of 22 grams of sugar still present (Jones,
2014).
6. Positioning and BrandingAnalysis
Marketing positioning is defined as strategically choosing the market segments that the
company provides to, differentiating themselves from competition, and choosing how they will
compete with its rivals. (Brooksbank, 1998). Positioning is also related to how the customers
perceive the brand, or what it’s associated with. Companies try to have positive brand
positioning as much as possible. Brands can influence their position by informing customers of
the crucial information about the product, and shaping the brand itself. (Pride, 2011). The
positioning and branding of a product can make or break its sales.
There are four major types of Coca Cola. There is the original Coca Cola, Diet Coke, Coke
Zero, and Coke Life. (The Coca-Cola Company, 2016). Coke Life is positioned as a healthier,
lower calorie and lower sugar version of traditional cola drinks. It occupies the space between
traditional, high calorie cola drinks and low to no calorie colas, or a mid-calorie soda. (Arthur,
2015). It has two thirds the calories of a regular Coke, and 45% less sugar, due to the stevia
extract used. (Staff, 2015). However, Coke Life faces plenty of competition, both internal and
external.
For its internal competition, Coke Life has to have its differentiation to the other three
major Coca Cola products. Its main differentiating factor is that it used stevia extract to naturally
sweeten the drink. Coke Life is positioned as a healthier version of the original Coca Cola with
less calories and less sugar, while retaining an almost identical taste. Compared to Diet Coke,
Coke Life is positioned as having a closer taste to the original Coca Cola while having more
calories and more sugar. For Coke Zero, Coke Life is positioned as a healthier and more natural
version, with less added chemicals. However, it has more sugar and more calories. (Coca-Cola,
2016).
In fact, this trend towards health consciousness has prompted Coca Cola’s biggest
competitor, Pepsi, to launch its own naturally flavored mid-calorie soda, Pepsi Next. (Herbison,
2015). It has a similar positioning as Coke Life, having less calories, less sugar, and being more
natural than original Pepsi as it is also sweetened with stevia extract. (May, 2014).
For Coke Life to succeed as a brand, its brand identity must be consistent with the
already successful brand identity of Coca Cola, while communicating its own ideas to the
7. customer. This would increase the depth and breadth of Coca Cola’s brand awareness. (Pride,
2011). Coca Cola already has favorable associations, due to its widespread advertising. It has a
brand identity related to fun, happiness and high energy. Its advertisements contain scenes of
happy people drinking the product and feeling refreshed. (Maandag, 2015; May, 2014). Its
primary color is red, the symbol for love and passion. (Morton, 2016). Coca Cola Life has a quite
different brand identity. It is healthy, natural, and environmentally friendly. It has a jarringly
different color scheme from the classic red, with bright green bottles. Green has different
symbolisms from red, being associated with nature, health, and the earth. (Morton, 2016). While
these are still positive associations, they aren’t consistent with Coca Cola’s, and Coke Life does
break the color scheme, so the visual connection is less. This means that Coke Life is unable to
create a synergic cooperation with Coca Cola’s brand identity, as its identities are fundamentally
different, and therefore their brand image is different from that of Coca Cola. Coke Life will
have to work harder to drive its image into customer’s memories as it can't really take advantage
of Coca Cola’s established brand image.
In addition to the failure of the green bottles to align with Coca Cola’s brand image, it has
also been accused of greenwashing. (Dean, 2015; Han, 2015). Greenwashing is the idea that a
company’s marketing can be deceptive in promoting its product as healthy or good for the
environment. (Leonidou, Palihawadana, & Hultman, 2011; Laufer, 2003). Though Coke Life is
much healthier than Coca Cola, it is still not a healthy product. (Coyle, 2015). Instead of
focusing on driving the health angle forward, Coke Life should focus on ingredient branding and
let the customers decide for themselves. They do emphasize the stevia, but they should also
advertise the lack of artificial sweeteners, and the close to original taste. (May, 2014). Overall
their positioning and branding is decent, but can be improved to align more with Coca Cola’s
brand image.
Value Analysis
Creating value for customers is considered to be vital for success of a product (Doyle, 2000).
To a customer, the product alone does not create value. The criteria for creating value includes
8. characteristics such as convenience during time of purchase, reliability of the product and the
product itself (Walters, Lancaster, Walters, & Lancaster, 2012).
The initial step to creating sustainable value is to offer value propositions to the
customers (Frow & Payne, 2011; Kaplan, Norton, Kaplan, & Norton, 2004). Value propositions
present the customers with the benefits of the products and also why they are better than their
competitors’ products ("What is value proposition (VP)? - Definition from WhatIs.com", 2016).
An effective value proposition should clearly answer customers’ questions about what benefits
the product will deliver and also why they should buy that company’s product rather than the
next best alternative (Anderson, Narus, & Rossum, 2006).
The healthier lifestyle of consumers led to a fall in the consumption of Coca-Cola
products. In order to counter this changing trend, The Coca-Cola Company, like many others in
the industry, launched products with no or low sugar level (Wu, 2016). For The Coca-Cola
Company, the product was known as Coca-Cola Life. The value proposition for this product was
that it contained 35% less sugar due to the natural sweetener, stevia ("Coca-Cola Life launching
in Australia", 2016). According to the company, what makes Coca-Cola Life better than its next
best alternative, PepsiCo’s Pepsi Next, is the fact that the taste is similar to the original Coca-
Cola even though it contains less sugar ("Coca-Cola Life", 2016). These inventions by Coca-
Cola Company and PepsiCo managed to satisfy the health-conscious consumers and hold on to
the market base as implied by Figure 2.
Figure 2: Soft Drink Segments
9. The Coca-Cola Company knows that creating customer value leads directly to market shares
and profits (Kotler & Armstrong, 1998). For the Coca-Cola Company, innovation along with the
proper distribution of all its products adds value to the brand (Company et al., 2016). Gaining the
trust of the consumers by delivering quality products helped the company to create further value
("Creating and sharing value", 2016). Coca-Cola Life managed to create customer value for the
company in the same way. Innovating products according to the customer satisfactions led to an
increase of customer value.
The reactions by the consumers on social media site were not what the company expected.
Before the actual launch of the product, the media campaign and other advertisements of Coca-
Cola Life created a buzz through social media which induced curiosity in the consumers.
However, the quality of the product failed to deliver after the launch (Intelligence, 2015). Many
consumers believed that the product was just a hoax and the taste of the natural sweetener, stevia,
was simply overpowering and 76% of the consumers thought the taste was not up to standard
(Han, 2015).
Figure 3: Coca-Cola Life vs Pepsi Next
10. Marketingtoolbox
Product
A product is a tangible representation of a brand ("Brand Definition | Marketing Toolbox",
2016). Coca-Cola Life represents the brand Coca-Cola Amatil in the market for low sugar-level
carbonated soft drinks in Australia. Coca-Cola Life competes against the likes of Pepsi Next and
also Diet Coke and Coke Zero. It managed to accumulate 1-2 percent of the sales of total brand
Coke sales in Australia which was higher than the company’s expectations ("Coca-Cola say
Coke Life sales above target", 2016).
Price
Coca-Cola aims to price their soft drinks according to two factors, the amount of demand
in the market by consumers (according to The Final Project) and value, as according to
Tharakan. All Coca-Cola products tend to be the same price for the same quantity, as shown by
the images below. Coca-Cola Life reflects this, with the product being of the same price as
traditional Coca-Cola, Coca-Cola Zero and Diet Coca-Cola. Generally, when there is a sale for
Coca-Cola, all Coca-Cola trademarked products will also go on sale. (i.e Coke Zero, Coke Life)
11.
12. Place / Distribution
Coca Cola Life first began distribution to Australia and New Zealand on April 7th, 2015
after being launched in Chile, Argentina, Mexico, Great Britain and USA ("Stevia to take off
globally through Coke Life expansion | Australian Food News", 2016). Coca Cola employs an
intensive distribution method, meaning distribution is convenient and available to customers in
majority of outlets (Boundless, 2016). Coke Life lacked demand in most independent stores, and
thus, was taken off shelves from many of these stores. Coke Life is now only consistently found
in Australian large supermarkets like Coles, Woolworths and 7-Elevens, but was never translated
to restaurants.
Promotion
Coca Cola launched a multimillion dollar promotional campaign to help distribute Coke
Life. This included television ads, online videos, and print materials. (Homewood, 2015). They
also partnered up with British supermodel Rosie Huntington-Whiteley to help promote the
product, further enforcing the health angle. All the promotion helped emphasize the healthy and
environmentally conscious focus of the brand. (Hepburn, 2014)
MarketingStrategyEvaluation
With the increasingly health conscious direction that modern society has taken, Coke has
tried everything to ‘keep the fizz going’ (Reynolds, M, 2016), as it realised that ‘people were
turning on its signature teeth-rotting drink’ (Reynolds, M, 2016). The introduction of Coke Life
was the latest attempt to revitalise the slump in sales, especially in the last 5 due to the
aforementioned change in consumer trend, (Current performance, IBISWorld, 2016) marketing it
as a healthier option of the classic Coca-Cola with the same identical taste. Despite this, Coca
Cola Life has failed to rejuvenate the sales and uphold the expectations of it being the ‘healthy’
soft drink of choice for consumers. Officially launched in Argentina and Chile in 2013 (TCCC,
2014) after 5 years of research, but as of 2016, it is almost nonexistent in those two countries,
with the drink being slowly pulled out from the market due to the poor reception from
consumers. (Wikipedia, 2014) However, the slump in demand and reception was not only
13. exclusive to consumers in Argentina and Chile. The soft drink did not prove to be a success in
the UK or Australia either, with sales of Coke Life declining in almost all months of 2015 in the
UK (Coke life sales goes flat, 2016), and sales of Life in Australia being only half of Coca Cola
Vanilla during the opening 5 weeks of sales. (Coca Cola Life falling short of sales expectations,
2015) One of the main factors to the failure of Coke Life has been the actual marketing of the
product. Despite being advertised as using stevia as well as sugar with a lower calorie count, it is
hard to justify for consumers why they would purchase it. For most consumers, those who
already frequently drink soft drink don’t care about the health factors involved, and would just
purchase traditional Coke. For the health conscious consumers, Coke Diet or Coke Zero are
already options which contain less calories and less sugar than Coke Life. As Coke Life is mid-
calorie based, consumers would have a difficult time justifying the purchase of it when more
convenient options are already within reach.
From an ethical standpoint, Coca Cola has been largely unethical in the marketing of the
product, being accused of green-washing consumers. (Coca Cola accused of greenwashing,
2015) Greenwashing is ‘when a company or organisation more time and money claiming to be
‘green’ through advertising and marketing rather than actually implementing business practices
that minimise environmental impacts.’ (About greenwashing, 2016) The color green is typically
associated with a healthy and clean lifestyle. With the green packaging coupled with many
‘healthy lifestyle’ ad campaigns, the initial perception of the product was that it was a healthy
alternative to traditional Coca-Cola or even the sugar free version of Coke. However, Coca Cola
Life still contains 22 grams of sugar, which is still 2/3 of the sugar that is contained within
traditional Coke. Furthermore, the production of Stevia is extremely harmful to the environment
and humans, as it is extracted from the stevia plant using methanol, a chemical that is highly
toxic to humans. (One can of Coca Cola Life contains 8 teaspoons of sugar, 2015)
Over recent years, an increase in demand for ‘healthy refreshments - including beverages
that are natural, organic or low in calories… such as...cold-pressed juices, enhanced waters and
fusion beverages’, (Martin, EJ, 2016) as a result of a more health conscious society has seen
sales in soft drinks decline. (Del Buono, A, 2016) This emerging health trend is a serious
competitive threat to not only TCCC, but the soft drink industry as a whole. Due to more and
more healthier options on the market as a substitute, the soft drink industry in the US has seen a
14. decline in soft drink sales for the 11th year in a row. (Kell, J, 2016) Despite Diet Coke being
considered the healthier Coke option, even that has experienced a heavy drop in sales, down
5.6% in 2015 (Kell, J, 2016)
It is clear that the dismal reception that Coca-Cola Life has had is a testament to why it
should no longer be on the shelves anymore. Despite TCCC’s attempts at marketing it as a
product that retains the same identical taste to traditional Coke, sales of Coke Life clearly
indicates that the market does not need a mid-calorie based soft drink. However, if TCCC were
to continue to market Coke Life, they should stop advertising it as a healthy drink. Despite the
green ‘health’ evoking packaging and TCCC wanting people to perceive it to be healthy, most
people did not view it as this, but more so as just another carbonated, unhealthy soft drink.
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