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Coca-Cola

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Abenaa S. Ampratwum

Professor Hunt

Marketing W360
Case 2

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Coca-Cola Launches New Advertising Campaign
Advertising plays a role in consumer marketing by creating significant brand awareness. Generally, studies show that the more businesses spend on advertising and promotion as a percentage of sales, the higher their level of brand awareness. The Coca-Cola Company has had many advertising campaigns since its inception in 1886. These campaigns have captured facets of our daily lives. The campaigns have ranged from “Catch the Wave and “Red, white and you” in 1986, “Can't beat the feeling” in 1998, “Can't beat the real thing” in 1989 through to 1992, “Always. Coca-Cola” in 1993 and “Coca-Cola Enjoy” in 1999. In 2001, Coca-Cola launched its current campaign “Life Tastes Good” The competitive challenge for Coca-Cola is to keep its brand on a top of mind basis with consumers. According to Advertising Age, the top five brands in terms of advertising including Coca-Cola, spend $3 billion or more each year despite the fact that they are already among the world’s most recognized names. In the contemporary marketing environment, companies must determine the social/ psychological/ marketing propensities of their prospects and then allocate dollars to the various components of the marketing communications mix. Coca-Cola has a very detailed marketing strategy to align its brands with audiences of commercials. Coke first determines whether an idea for a campaign has a unique position in the community and how significant this idea is to its local consumers. Next, Coke develops a specific marketing plan. Depending on the circumstances, advertising might complement in-store promotions. Regardless of the strategy, the marketing strategy must be executed in a manner that allows measurement of results through sales increases, survey data etc.

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