From the Three A’s to the Three P’s Coca-Cola used to focus its strategy on the three A’s: availability, acceptability, and affordability. While these provided for tremendous growth, they also led to lowered entry barriers. Today, Coca- Cola’s mantra is the three P’s: preference, pervasive penetration, and price-related value. Each month, Coca-Cola tests 20 brand attributes with 4,000 consumers to measure movement. The company also compensates (bonus and other compensation components) a large portion of its senior managers based on brand preference. A recent Coca-Cola annual report reported that the second most recognized expression in the world after “ok?” is “Coca-Cola.” Coca-Cola Statistics • Coca cola owns more than ½ of the world’s beverages. • Coke is affordable in all the countries we surveyed. It was not out of the price range for an afternoon snack. • Coke comes in a variety of sizes worldwide so you can use it for a crowd or as a personal snack drink Advertising • Coke was first advertised as a remedy for headaches and exhaustion • Coke has been advertising on television for 50 years. • Songs used in coca cola commercials have become popular. • They use catchy mottos such as: “Adds a refreshing relish to every form of exercise” Charitable Giving • The Coca-Cola Company and its bottling partners shipped more than 30 million donated 8-oz. servings to Hurricane Katrina Evacuees, donated $10 million to tsunami relief efforts in Asia and after the September 11 terrorist attacks committed to a $12 million financial contribution to disaster relief efforts. The Other Side of Coke • There are 27 • Some of the other different varieties of brands under the coke made by Coca- Coca-Cola Company Cola are: – Sprite • First bottle of Coke – Barq’s Root beer was sold 120 years – Dasani ago on May 8, – Dr. Pepper 1886 in Atlanta, – Fresca Georgia. – Hi-C – Minute Maid Marketing Worldwide • In 1998 Coke international created its first ad for the celebration of the Muslim holiday of Ramadan. It was run in 20 countries worldwide.
• Coke is a Kosher drink,
so it is sold internationally.
This coke can is written in Hebrew
Coca-Cola Recognition • Coca-Cola is recognized by 94% of the world’s population • Approximately 10,450 Coca-Cola brand drinks are consumed around the world each second of every day International Coca-Cola • In Hong-Kong, heated Coke is served as a cold remedy • Coke advertises 200 in countries around the world. • In Japan people use money chips on their cell phones to pay for drinks. Coca-Cola in Our Schools • Students in our surveys indicated their ads were similar to those in the United States. This was particularly true in Europe. • Coke vending machines appear in many schools around the world. In the Olden Days • Coca-Cola sold only • A single share in 25 bottles in the first Coke that was year bought in 1919 • Nowadays, they sell would be worth over one billion $92,500 in 1997 bottles per day • 1919 is when the Coca-Cola went public Funky Facts • You can put a penny in Coke and it will dissolve • The sales of Coke in the first year was $50, and the expenses were $70 Coke in Space • In July 1985, Coke was the first soft drink to be enjoyed in outer space on the space shuttle Challenger • A special space can was developed Did You Know? • If you stacked all of the bottles of Coke that had ever been made end to end, it would reach to the moon and back 1,045 times! • Coca-Cola contained cocaine until 1913 – They had to remove it from the ingredients because people were becoming addicted to the drink Source :-www. Interbrand.com