Coca-Cola Company was universally recognized as a market leader in soft drinks with worldwide revenue of $23.1 - PowerPoint PPT Presentation

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Coca-Cola Company was universally recognized as a market leader in soft drinks with worldwide revenue of $23.1

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Title: Coca-Cola Company was universally recognized as a market leader in soft drinks with worldwide revenue of $23.1


1
Marketing Managementinfo_at_answersheets.in91
95030-94040
2
  • Marketing Management
  •  
  • CASE STUDY (20 Marks)
  • Coca-Cola Company was universally
    recognized as a market leader in soft drinks with
    worldwide revenue of 23.1 billion and presence
    in over 200 countries (2006). The Company
    manufactured beverage concentrates and syrups.
    The Coca-Cola Company owned four of the worlds
    top five soft-drink brands, which included
    Coca-Cola, Diet Coke, Fanta and Sprite. In
    America, sales of carbonated drinks declined a
    little in 2005 as government campaigns and media
    coverage raised concerns over obesity. Bottled
    teas and nutrition-enhancers were big
    opportunities for Coca-Cola. Sales of bottled
    teas were growing steadily and nutrient drinks
    had a market of about 1 billion by 2006.

3
  • According to a study conducted by the
    National Center for Health Statistics, Americans
    opted for a healthy alternative to their daily
    dose of energy instead of carbonated drinks. The
    study prompted Coca-Cola to go in for the calorie
    burning Enviga. On 6th November, 2006, Coca-Cola
    along with Nestlé launched Enviga, a Nestea
    carbonated canned green tea drink. Enviga burnt
    60 to 100 calories per three 12-ounce cans in
    healthy adults aged between 18-35 years. For
    overweight Americans, the release of Enviga was
    meant to bring good news. According to Coca-Cola,
    Enviga helped in reducing obesity. But according
    to doctors green tea was unlikely to make anyone
    shrink, so the Center for Science in the Public
    Interest, an organization that focuses on health
    and nutrition issues in US sued Coca-Cola and
    Nestle for their ad campaign of Enviga but the
    company had no plans to change its claims.

4
  • In the recent past Coca-Cola had already
    faced two soft-drink flops out of their four
    releases in the form of Coca-Cola C2 and Vanilla
    Coke. What would Coca-Cola's strategy be with the
    new drink? Would it be able to make it a success
    despite the initial controversy that surrounded
    it? Would consumers take to Enviga?

5
  • Answer the following question.
  •  
  • Q1. Discuss the trouble faced by Coca-Cola in
    2005.
  •  
  • Q2. Debate Coca-Colas marketing strategies for
    Enviga and discuss whether Colca -Cola will
    succeed in its new product.

6
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