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Coca-Cola 2B: I. Introduction (Company+ Product Description)
Coca-Cola 2B: I. Introduction (Company+ Product Description)
1.Company description
*History timeline:
1886: Coca-Cola was first launched by John Pemberton at his Pemberton Chemical
Company
1995: The first joint venture between Coca-Cola Dong Duong and Vinafimex
company was established in Northern Vietnam
In 1996, Quincey joined the organization, has held several senior positions around
the world.
in 2017, he was named CEO and in 2019, he was named Chairman of the Board
* Mission statement:
+Leave a legacy for the plant by creating a positive social effect through
sustainable business practices ( Coca-Cola company 2021).
2. Product information
Provides 139 calo which is the same as 7% of energy that mature people need to
absorb in order to maintain a balanced and nutritious diet
* Market share
Coca-Cola Beverages Vietnam Ltd Co. had a 10% market share of soft drinks
(October 2020)
The market share has a 0.4% point change from 2018 to 2020
Figure 1: The Coca-Cola Beverages Vietnam Ltd co. market share in October 2020
(Passport)
Figure 2: The Coca-Cola Vietnam compared to other company (Passport)
* Brand awareness
Regarding carbonated soft drinks, Coca-Cola comes to mind for 61.3% of percent
of Vietnamese respondents and the overall brand recognition is nearly 100%.
https://www.slideshare.net/WS-Vietnam-Market-Research/ws-report-softdrink-
using-habit2013-45100233
Coca-Cola was named the Best Brand of the Year (2019) with nominations in
seven categories.
https://en.cocacolavietnam.com/new
s/coca-cola-bagged-multiple-awards-crowned-as-brand-of-the-year-at-mma-
smarties-awards-2019#:~:text=Smarties%20Awards%202019-,Coca%2DCola
%20bagged%20multiple%20awards%2C%20crowned%20as%20Brand%20of
%20the,at%20MMA%20Smarties%20Awards%202019
Using their advertising campaigns to sustain their prestigious position and lead
their market share; enhance the brand image and deliver successfully their
messages to customers.
*WHO?
*WHAT?
Lifestyle: Dynamic people, party and concert lovers who have freedom
*WHERE?
Groups of people living in both urban and suburban areas (Hanoi capital, HCMC)
III. Positioning:
Price:
Coca-Cola original 330ml can 9,500VND
Pepsi’s price is higher than Coca-Cola, and Sa xi Chuong Duong is the lowest among the three
brands with the same quantity and packaging.