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AGENDA
A.Analysis
1.Marketing Mix of Coca-cola and Pepsi
2.Market Segmentation of Coca-Cola and Pepsi
3.Targeting Strategy of Coca-Cola
4.Positioning
B.Conclusion
Coca Cola uses free publicity as a promotional method such as sponsoring the Olympic Games and FIFA World Cup.
Pepsi's positioning statement is; "To new generation, those who want the best taste in drinks , Pepsi is a cold drink which gave the best taste, low fat in a reasonable spending. "
Coca Cola targets different segments with different advertisement and product. Primary market of Coca Cola is younger people in the age bracket of 12-25 with people from 25-40 comprising of secondary market. Cola products are targeted towards people who want strong flavors, while diet cola and its variants are targeted towards the sub segment that is health conscious.
-Coca Cola usually targets a single point in own slogans: "Happiness"
-In their each images and adds, we see that cheerful people are happy by drinking Coca Cola.
B.CONCLUSION
-Marketing mix has key role to achieve marketing objectives.
-Companies need to understand importance of segmentation and targeting.
-Best segmentation way for the Coca-Cola Company can be possible with combination of variables.
-Coca-Cola's place in people's mind depends on how company wants to be perceived.
-Market Segmentation of Pepsi
Segmentation variables Data
Demographics
-Age 14-30+
-Gender Male & Female
-Family size 1-2, 3-4, 5+
-Family life cycle Married and unmarried
Psychographic
-Social class Middle class, Upper class
-Lifestyle Actualizes, fulfilled, believer
Behavioral
-Occasion Parties, Birthdays, Sports and regular
occasions
-Benefits Quality, Taste
-User status First time user
-Loyalty status Strong
-Readiness stage Aware and Interested
-Psychographic Segment
-Demographic Segment
-Behavioral Segment
Coca Cola consumers can be segmented according to the occasions when they develop a need and purchase a product.
-Diet coke-for people want healthier lifestyle
-PowerAde-who needs energy and interested in sports
-Real Gold-for busy people in workforce
ex:in summer times, Coca-Cola emphasizes ‘feeling relieved’
Some people drink coke to quench thirsty while others drink to refresh or getting energy.
-Youth (10-19 years),
-Young Adult (20-24 years),
-Adult (25-35 years)
-different bottle size
-Geographic segment
-Eurasia and Africa
-Europe
-Latin America
-North America
-Asia Pacific
-Bottling Investment
-Fruktime-Russia and Ukraine
-Minute Maid Pulpy Super Milky-China