Evidence Learning #1 Mix
Evidence Learning #1 Mix
Evidence Learning #1 Mix
ID: ST4135
Teacher: MELANY DESSIRE FLORES STIKER
DATE: 23/01/2024
EVIDENCE LEARNING #1
Analyzing a Brand through the Promotional Mix
Introduction
Coca-Cola, a globally recognized beverage brand, has been quenching thirst and
bringing smiles to faces since its inception in 1886. Founded by Dr. John S.
Pemberton, a pharmacist from Atlanta, Georgia, Coca-Cola started as a simple
mixture of carbonated water and a unique syrup. Today, it has grown into a multi-
billion dollar company with a presence in over 200 countries.
Known for its iconic red and white logo and its signature taste, Coca-Cola has
become more than just a beverage; it has become a symbol of refreshment, a part
of popular culture, and a global icon. The brand's advertisements, featuring catchy
jingles and heartwarming stories, have made their way into our homes and hearts,
making Coca-Cola a household name.
However, behind the refreshing taste and the memorable advertisements lies a
carefully planned and executed promotional mix. This mix, comprising advertising,
sales promotion, public relations, personal selling, and direct marketing, is what
enables Coca-Cola to reach its customers, communicate its brand message, and
drive its sales.
The purpose of this essay is to delve into the depths of Coca-Cola's promotional
mix. It aims to analyze how Coca-Cola, a brand that started in a small pharmacy,
uses its promotional mix to maintain its position as one of the world's most
recognized brands. The essay will examine Coca-Cola's objectives, the practical
application of various promotional elements, and the identification of its target
market.
Brand Objectives
Coca-Cola's brand objectives are a reflection of its mission and vision. The
company's mission statement outlines three main objectives: to refresh the world,
to inspire moments of optimism and happiness, and to create value and make a
difference.
Refresh the World
The objective to "refresh the world" goes beyond the physical refreshment that
comes from drinking a Coca-Cola beverage. It's about refreshing people's spirits
and outlooks. Coca-Cola aims to provide a moment of respite and enjoyment in
people's busy lives. This objective is reflected in their product development and
marketing strategies. Coca-Cola continually innovates its product line to offer new
flavors and beverage options that meet the changing tastes and preferences of
consumers around the world.
Lastly, Coca-Cola aims to "create value and make a difference". This objective
speaks to Coca-Cola's commitment to being a good corporate citizen. The
company strives to create value not just for its shareholders, but also for the
communities in which it operates. Coca-Cola's sustainability initiatives, community
outreach programs, and philanthropic efforts are all aimed at making a positive
difference in the world.
Through its promotional efforts, Coca-Cola aims to strengthen its brand image,
increase customer loyalty, and drive sales. Each promotional activity is
meticulously planned and executed to ensure it aligns with these objectives. The
success of Coca-Cola's promotional efforts can be attributed to the company's
clear understanding of its brand objectives and its ability to effectively
communicate these objectives to its target market.
Promotional Mix Elements
Advertising
Sales Promotion
Sales promotions are a key element in Coca-Cola's promotional mix. The company
frequently offers sales promotions such as discounts, coupons, and sweepstakes
to stimulate product trial and purchase. These promotions not only incentivize
purchase but also enhance customer engagement and loyalty. Coca-Cola's sales
promotions are often seasonally themed or tied to special events, making them
timely and relevant. For example, Coca-Cola often releases limited-edition
packaging or offers special discounts during major sporting events or holidays.
Public Relations
While Coca-Cola doesn't typically use personal selling in the traditional sense, they
do have a strong sales team that works with retailers and distributors. This team is
responsible for ensuring that Coca-Cola products are readily available and
prominently displayed in stores. They also work closely with retailers to implement
in-store promotions and displays. This form of personal selling is crucial in the
beverage industry, where product placement can significantly impact sales.
Direct Marketing
Advertising
Public Relations
Coca-Cola's public relations efforts play a crucial role in enhancing the brand's
image and reputation. By engaging in initiatives that align with their objective to
create value and make a difference, Coca-Cola demonstrates its commitment to
being a responsible corporate citizen. This not only enhances the brand's image
but also builds trust and goodwill among consumers.
Personal Selling
Coca-Cola's sales team plays a crucial role in ensuring the availability and visibility
of the brand's products in stores. By working closely with retailers and distributors,
they ensure that Coca-Cola products are prominently displayed and that in-store
promotions are effectively implemented. This form of personal selling helps drive
sales and increase market share.
Direct Marketing
Coca-Cola's direct marketing efforts allow the brand to connect with customers on
a personal level. By offering personalized offers and exclusive content, Coca-Cola
enhances customer engagement and loyalty. This personalized approach to
marketing aligns with the brand's objective to refresh the world, as it allows Coca-
Cola to provide a refreshing and unique experience to each customer.
Target Market
Global Reach
Coca-Cola operates in over 200 countries, making it a truly global brand. The
company's products are consumed by people of all ages, from children to seniors.
This global reach requires a deep understanding of diverse cultures, tastes, and
preferences, which Coca-Cola has successfully demonstrated in its marketing and
product development strategies.
Age Group
While Coca-Cola appeals to consumers of all ages, it has a particular focus on the
youth market. Many of Coca-Cola's advertising campaigns are designed to
resonate with younger consumers, featuring themes of friendship, adventure, and
fun. This focus on the youth market is strategic, as younger consumers not only
represent a significant portion of the beverage market, but they are also more likely
to become lifelong customers.
Lifestyle
Coca-Cola's target market also includes consumers who lead an active and social
lifestyle. The brand often associates itself with sports, music, and other forms of
entertainment, making it appealing to consumers who enjoy these activities. Coca-
Cola's sponsorship of major sporting events, such as the FIFA World Cup and the
Olympics, further reinforces this association.
Despite its broad target market, Coca-Cola has been successful in tailoring its
promotional mix to appeal to different segments within this market. The company
uses market research to understand the needs and preferences of different
consumer groups and tailors its marketing strategies accordingly. For instance,
Coca-Cola's "Share a Coke" campaign, which featured bottles with popular names
on them, was a highly successful example of a marketing campaign tailored to a
specific target market.
Conclusion
Moreover, despite having a broad and diverse target market, Coca-Cola has been
successful in tailoring its promotional mix to appeal to different consumer
segments. This is a testament to Coca-Cola's deep understanding of its consumers
and its ability to adapt its marketing strategies to meet their changing needs and
preferences.
The success of Coca-Cola's promotional mix serves as a model for other brands
aiming to achieve global recognition and success. It demonstrates the importance
of having clear brand objectives, understanding the target market, and effectively
applying the promotional mix. As Coca-Cola continues to innovate and adapt its
promotional mix to the changing market landscape, it is poised to remain a leader
in the global beverage industry for years to come.