...Consider all the different means of differentiating products, services and brands which one or two have the most impact and why? • Means of differentiating a Brand, Coca Cola. Rita Soares Dos Santos International Marketing Whitehall - MIB 2013 Traditionally, the factor of differentiating products, services and brands is such a strong force that moves all the market. For example, according to branding, today it represents a huge strength that when is a strong and establish brand hardly anything goes unbranded. When people consider taking a differentiation strategy is important to apply for the development of a product or service that presents unique attributes that are valued by consumers. Moreover, this customers need to perceive this products and services to be superior than or different from others of the competition. In this essay, I will ...
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...ESSAY TITLE: INTERCULTURAL MARKETING AND PUBLIC RELATIONS CAMPAIGN OF COCA COLA IN VARIOUS COUNTRIES. Introduction This study is based on the intercultural communication of Coca-Cola company through a public relation or marketing campaign and is currently at the leadership position in the beverage industry known as a global brand. The successful recognition gained in the global market through its strong brand image, strategies and efficient marketing management about understanding, appreciating the intercultural difference in business by promoting clear communication, building trust by means of researching to societal contemporary issues causing crisis and solving the psychological effect by dint of bringing happiness in all difficulties and tragedy through children choir singing stories of hope and optimism in the midst of negativism revolving around the world and reassuring the society there is reason to believe in happiness. The campaign is solemnly on how culture should be emphasized in the global world. This study will further look how culture is being phased out in different context of the campaign by telling different stories of hope to different countries and collectively programming the mind towards achieving happiness in all odds, culture is a critical phenomenon to the need for communication as the emergence of globalisation. Globalization is a divergent term which may have both negative and positive impact on human with their society but the culture binding...
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...zoomlife café | Marketing Plan | | | Madhu Enjati | December 15, 2013 | For MKTU 605 Instructor- Virginia Silverman Table of contents Executive Summary……………………………………………..2 Company Description…………………………………………...3 Current Market Situation………………………………………..4 SWOT Analysis…………………………………………………6 Marketing Strategy...……………………………………………6 Mission………………………………………………………….6 Objectives……………………………………………………….7 Pricing…………………………………………………………...7 Action Programs………………………………………………...8 Financials………………………………………………………..9 Controls…………………………………………………………11 Resources……………………………………………………….12 Executive Summary The goal for this marketing plan is to present objectives, strategies and programs that will help bring Zoomlife Café a reality in the next 5 years. Zoomlife Café will provide an environment of social interaction and relationship building through its layout, furnishings and strong implementation of Customer Relationship Management (CRM) education and training for staff. Marketing will be paramount in making ‘Zoomlife’ a household term and synonymous with a memorable experience. To create this ‘vibe’ a strong utilization in print advertising and social media will be used in marketing efforts. Emphasis will be placed on creating an experience that makes customers want to come back. Target markets include: 1. College students 2. Local business professional and employees 3. Local musicians and artists Company Description...
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...particular, educated women between the ages of 25 and 49 years of age who are most likely married with children seeking a convenient shopping experience with a trustworthy and reliable company (Dilworth, 2010). 2.2 Sources of Value Creation Figure 1. Sources of benefits (McLeod, 2014, lecture 1:pg. 31) Value is created at Zappos through increased benefits and reduced costs, see figure 1. The first benefit provided by Zappos is the multiple product lines available for purchase. Further to this, Zappos offers specialty brands and sizes that cater for more specialized individual needs, such as ‘women’s size 15 and men’s sextuple-E widths’ (Jacobs, 2009, p.70). Additionally, if Zappos does not have a requested product in stock, it is custom for the customer service team to direct customers to competitor’s websites (O’Brien & Jeffrey, 2009). Whilst Zappos will consequently lose a sale from the recommendation, it is thought that word-of-mouth marketing will be generated about Zappos’ customer service as a result of the customer’s positive experience (Hsieh, 2010). The customer service offered by Zappos also creates additional sources of benefit for customers. One such way Zappos...
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...different directions at any given moment. Therefore, it takes strong, authentic and cleverly presented messages in order to cut through the day to day clutter and really reach an employee. And we’ve found that when employees are treated not as assembly line producers, but rather as humans whose allegiance an organization is fortunate to have, something very beneficial happens—employees will work harder and better because they feel an emotional attachment to their employer. This is something theCEO of Southwest Airlines learned long ago – and to great benefit. Over the years, whenever reporters would ask CEO Herb Kelleher the secret to Southwest’s success, he had a consistent response. “You have to treat your employees like customers,” he told Fortune in 2001. Friends and peers of Kelleher’s would often see his philosophy in action. “There isn’t any customer satisfaction without employee satisfaction,” said Gordon Bethune, the former chief executive of Continental Airlines, and an old friend of Mr. Kelleher’s. “He recognized that good employee relations would affect the bottom line. He knew that having employees who wanted to do a good job would drive revenue and lower costs.” Makes sense, right? This next bit is a mouthful but break it apart piece by piece: Beyond professionalism and happiness at one’s job, an employee’s sense of worth within the context of their work identity directly affects the quality of the service they provide in the eyes of their customers....
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...household brand. McDonald’s now has restaurants in over 100 countries and has become the 9th most powerful global brand according to Interbrand. McDonald’s aims to be “customers’ favorite place and way to eat and drink.” However, as the fast food industry has progressed, McDonald’s has lost its identity as that favorite place and is no longer at the cutting edge of the industry. McDonald’s makes every effort to localize its offerings to the consumer segments it appeals to around the world, catering to local tastes and flavors. The company also tries to segment by income level and cater to consumers on varying budgets with its Dollar Menu, premium items, and extra value meals. McDonald’s does not differentiate itself in any one category of fast food, with competitors dominating in taste in other categories, but it does stand out for its variety and convenience. Due to the fact that McDonald’s does not provide the best fare in any given category, it has relied heavily on positive advertising and messaging that targets emotions. McDonald’s messaging focuses on building the brand and highlighting the emotion of happiness. This can be seen in commercials and the long-time slogan of “I’m Lovin’ It,” for example. In order to understand what the brand truly means to consumers, our group conducted a number of different types of research. To begin, we conducted qualitative research including interviews and focus groups in order to understand consumers’ brand associations...
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...Strategic Plan, Part III: Balanced Scorecard Joanne Mele August 25, 2013 BUS/475 – Integrated Business Topics Victor De Jesus A Balanced Scorecard is, “A set of four measures directly linked to a company’s strategy: financial performance, customer knowledge, internal business processes, and learning and growth” (Pearce & Robinson, 2009, p. 202). The Serenity Corner needs to develop a balanced scorecard in order to assist in defining the company’s mission, values, vision, and SWOTT analysis. Herein, the four perspectives, financial performance, customer knowledge, internal business processes, and learning and growth will be discussed as they relate to The Serenity Corner’s mission, values, vision, and SWOTT analysis. Shareholder Value/Financial Perspective “If we succeed how we will look to our stakeholders” (BSI 2009, ¶5). The Serenity Corner will need to look at its asset utilization, customer satisfaction, increased net revenues, minimizing store production, and achieving financial stability. One way to measure these items is to monitor Earnings per share, Operating cost, revenue growth, Return on interest, and Return on capital. Implementing the objectives and performance measuring tools into the company’s daily routing, The Serenity Corner will be able to achieve the company’s goals that were defined in the mission and vision statement. Customer Value Perspective “To achieve our mission, how must we appear to our customers” (BSI 2009, ¶5). The Serenity Corner...
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...INTRODUCTION: The Coca-Cola Company, an Atlanta based beverage giant, has spent the last 127 years refreshing the world, one Coke, one beverage, at a time. The evolution of The Coca-Cola Company is a true story of success, success that is contributed to producing quality products that people want, genius marketing, and effective corporate strategic planning. At Coca-Cola’s inception, only 9 servings of Coke were sold per day, and today, 10,450 Coca-Cola beverages are consumed each second; Coca-Cola is what success tastes like. Coca-Cola is the world’s largest beverage company and is strong all the way around, their financials are sound, they have a strong management and marketing team, and they produce products that people want and in some cases need. Although, even a successful company can come tumbling down, and in order to stay ahead of the competition and to continue revenue growth, I would advise the company to seek out additional business strategies in which I will explain in depth in the following sections. CURRENT MISSION, GOALS AND STRATGIES: Coke’s mission is to, “refresh the world, inspire moments of optimism and happiness, and to create value and make a difference.” The company’s goals include maximizing growth and profitability to increase shareholders’ wealth. The strategies that The Coca-Cola Company are currently pursuing to achieve these goals include: (1) product innovation; (2) creating well planned packaging and pricing...
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...company whom manufactures, markets, and sells only nonalcoholic refreshments. The headquarters is located in Atlanta, Georgia where John Pembert founded it in 1886 (Yahoo Finance, 2014). This company reports as the “world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands” (Coca-Cola Journey, 2013). Currently, as of 2013 when it was last reported, Coca Cola is ranked as 57th on the Fortune 500 List where they were previously ranked at 59th on the list (CNN Money, 2014). They created a 2020 Vision that helps to guide them to greatness by continuing to shape their business by the changing of the world. Their main mission, as a company is to refresh the world, inspire moments of optimism and happiness, and create value and make a difference (Coca-Cola Journey, n.d.). They accomplish these by following their vision and sustaining growth and empowerment. Culture of Coca Cola Company The organizational culture of Coca Cola revolves around their uniqueness. Their culture is built upon the uniqueness of the products in terms of the taste, how they build a better world, how they innovate new ideas into the company for consumers, how they brand their products, how they add value to their entire company, and how they integrate culture into the workplace. The company’s structure is made up of other regions of the world including, Latin America, Eurasia and Africa, Europe, and the Pacific (Coca-Cola Journey, 2012). Just recently this year, Coca Cola...
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...BRAND AUDIT REPORT 2012 Brand Managemenet Brand Managemenet Submitted To: Sir Goher Raza Submitted by:Sagar Paryani and Sarah khan Chandio Dated: 15-12-2012 By BBA-7 TABLE OF CONTENTS PAGE # TABLE OF CONTENTS.................................................................................................... 2 CHAPTER 1 BRAND INVENTORY 1.1 INTRODUCTION ........................................................................................................... ...3 1.2 BRAND ELEMENTS ......................................................................................................... 4 1.3 MARKET SEGMENTATION...........................................................................................5 1.4 SUPPORTED MARKET PROGRAMS..........................................................................5-6 1.5 POPS AND PODS.................................................................................................................7 1.6 BRAND MANTRA......................................................................................................... …..7 1.7 BRAND PORTFOLIO..........................................................................................................7 1.8: Organizational culture and people development.................................................... 8 CHAPTER 2 BRAND EXPLORATORY 2.1: Brand Attributes..........................................................
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...company whom manufactures, markets, and sells only nonalcoholic refreshments. The headquarters is located in Atlanta, Georgia where John Pembert founded it in 1886 (Yahoo Finance, 2014). This company reports as the “world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands” (Coca-Cola Journey, 2013). Currently, as of 2013 when it was last reported, Coca Cola is ranked as 57th on the Fortune 500 List where they were previously ranked at 59th on the list (CNN Money, 2014). They created a 2020 Vision that helps to guide them to greatness by continuing to shape their business by the changing of the world. Their main mission, as a company is to refresh the world, inspire moments of optimism and happiness, and create value and make a difference (Coca-Cola Journey, n.d.). They accomplish these by following their vision and sustaining growth and empowerment. Culture of Coca Cola Company The organizational culture of Coca Cola revolves around their uniqueness. Their culture is built upon the uniqueness of the products in terms of the taste, how they build a better world, how they innovate new ideas into the company for consumers, how they brand their products, how they add value to their entire company, and how they integrate culture into the workplace. The company’s structure is made up of other regions of the world including, Latin America, Eurasia and Africa, Europe, and the Pacific (Coca-Cola Journey, 2012). Just recently this year, Coca Cola...
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...Sector Kraft Foods Food Products & Confectionery Follow Us Quizzes! Food and Beverages Kuch meetha ho jaye; A whole world of chocolately fun; Your Tagline/ Slogan happiness loves Cadbury; Milky Creamy Yummy Have you tried MBASkool Quizzes ? Take a Quiz Now! Fin Wizards. Mktng Gurus. HR Heroes. Ops Champions Trending Topics on Site One of the biggest and most trusted confectionery and foods USP brand STP Segment People who buy chocolates for eating or gifting Children and families belonging to lower, middle and upper middle Target Group Positioning 201 Proton Cars | SWOT Analysis | BrandGuide Top 20 Companies of the World in 2012 Top 10 FMCG Companies in India 2013 Top 10 FMCG Companies in India 2012 Top 10 Information Technology (IT) Companies in India 2013 FacConnect-IIM Ahmedabad | Events and Competitions class As a sweet for happy occasions or auspicious beginning Product Portfolio 1.Cadburys Temptations 2.Cadburys Oreo 3.Cadburys Dairy Milk 4.Cadburys Bournvita 5.Cadburys Perk All Sections on MBASkool A rticles Documents BrandGuide Concepts Contests Mags Events Reviews Fun Corner Brands 6.Cadburys 5 Star SWOT Analysis 1.High brand equity and top of the mind chocolate brand 2. Strong brand recall and customer loyalty 3. An employee strength of around 71,000 4. Strong parent brand of Kraft Foods 5....
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...2016). Coca Cola operates under a winning strategy- and when a strategy is working, it should be largely left alone. All that remains is synchronizing all the elements of an organization in order to execute such a strategy with efficiency. The most fundamental purpose of a strategy, after all, is to "inform each of the many thousands of things that get done in an organization every day, and to make sure that those things are all aligned in the same basic direction," (Hammonds, 2007). Coca Cola can refine their operational execution through the use of more relevant and effective mission and vision statements. Coca Cola’s Mission Statement The mission of Coca Cola Company is, "To refresh the world...To inspire moments of optimism and happiness...To create value and make a...
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...Zappos was founded in 1999 by Nick Swinmurn as an online shoe retail website. It offered more than 100 brands and by 2000 it had expanded to 150 brands. They distinguish themselves from the competition by providing free shipping and an outstanding customer service. In 2009 Amazon bought Zappos for $1.2 billion. Swinmurn is no longer involved with Zappos and Tony Hsieh has been the company CEO since 2001. Hsieh has been the driving force behind Zappos innovative “weird” culture or as some people may call it a “cult”. Zappos’ culture could be considered unconventional, but its formula has generated billions of revenues while keeping customers, employees and shareholders happy. In the following paragraph, I will explore the culture of Zappos and how it manages to be successful and stand apart from the competition. I will also review my own company’s culture and whether its culture helps the company to compete and be successful. Zappos’ philosophy is based on keeping customers happy with an outstanding customer service, but in order to provide an outstanding customer service you have to have a happy employee. Hsieh’s formula is very simple: happy customers + happy employees = profits. In order words, one cannot exist without the other. Because of Hsieh’s emphasis in providing excellent service to both customers and employees, Zappos’ organizational culture profile is of people-oriented and service. Hsieh understood from the very beginning and from past experiences that the success...
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...Organizational Psychology The organizational psychology, developed from the human relations movement in the organizations, shows more interest in the employee than the industrial psychology, which focuses on understanding the behavior and the welfare of employees. Organizational topics include employee attitudes, behavior, work-related stress, and monitoring techniques (What is organizational Psychology, 2009). However, the main subjects of the area of the psychology organizational should not be categorized as strictly industrial or organizational. For example, the motivation is important for industrial psychology in relation to efficiency and the performance of employees, but is also very important for the organizational psychology, the happiness and welfare of employees. The organizational psychology can be improved with contributions from marketing and with techniques as a result of the search for a better quality. A couple of cases of this kind are market research studies and the creation of clubs of consumers or users who helps to know the factors and facilitate the retention of brands and products in the minds of consumers as well as his loyalty to them (Steve M Jex, Thomas W Britt, 2008). Without a doubt, the importance of organizational psychology allows to understand the human phenomena within the organization in its relations with the rest of the organizational system. Role of the Organizational Psychologist Psychologists must study human behavior within...
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