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Coca Cola Marketing Final

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Submitted By jaxsin34
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Marketing Management Final
3-28-2012

Coca-Cola

Executive Summary
This paper is a comprehensive audit of Coca-Cola's marketing program and recommendations developed for future marketing plans. I provide recommendations for Coca-Cola's marketing efforts as well as product line enhancements, as Coca-Cola faces stiff competition and changing consumer tastes. These recommendations include:
• Pursuing a multi-pronged marketing strategy, including growth into geographic regions like Russia, China, and Turkey.
• Leverage the company assets by brand extension into water-based, slightly sweetened refreshment drinks to meet more health-conscious consumers.
• Diversify offerings outside the non-alcoholic beverage market, leveraging the vast distribution network.
Introduction
Coca-Cola was born in Atlanta, Georgia, on May 8, 1886 by Dr. John Stith Pemberton, a local pharmacist. Dr. Pemberton produced the syrup for Coca-Cola®, and carried a jug of the new product down the street to Jacobs' Pharmacy, where it was sampled, pronounced "excellent" and placed on sale for five cents a glass as a soda fountain drink. Carbonated water was teamed with the new syrup to produce a drink that was at once "Delicious and Refreshing," a theme that continues to echo today wherever Coca-Cola is enjoyed. During the first year, sales averaged a modest nine drinks per day.
Today, over 6 trillion servings of Coca-Cola have been enjoyed worldwide and Coca-Cola has over 400 brands.
Coca-Cola's Key Success Factors
Coca-Cola has several key success factors including:
• The Coca-Cola Company is a Fortune 500 company. In 2010 The Coca-Cola Company was ranked number 72 on the Fortune 500 list, making it the 72nd largest company in the United States when judged by revenue. The Coca-Cola Company achieved revenue of $30,990.00 million in 2010 and earned a profit of

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