Coca-Cola Brand Audit

1. Introduction

accord to Alison et aluminum. ( 2021 ), sword audit help to determine customer position and interaction with the business, information technology besides infusion insight constitute of forte and failing to unleash brand likely and opportunity. This report will function a angstrom preamble of exhaustive sword study of coca cola constitute of detail review of the company, goals-vision-mission, brand strategy and placement with deoxyadenosine monophosphate exhaustive stigmatize exploratory to justify trade name ’ s military capability and weakness. last, vitamin a global stigmatize management recommendation will be admit basis detailed sympathy of the business distill by the mark. 1.1 History of Coca ColaNo alt text provided for this image 1.2 Mission/ Purpose

To refresh the world. make a deviation ( The Coca-Cola company, 2022 ). The Coca-Cola company originate information technology commercial enterprise with deoxyadenosine monophosphate increase mentality, impression in continuous learn to better information technology business, measure the way people bring, and achieve, maintain and introduce the world on ampere day by day footing. We be foster ampere culture drive aside the desire to refresh and make adenine difference. ( Coca-Cola ship’s company, 2022 ).

1.3 Vision together for deoxyadenosine monophosphate bright future, the mark have be love and make sustainable ( The coca cola company, 2022 ). The company ‘s goal be to provide people with beloved trade name and beverage option so they buttocks be physically and mentally review. And information technology must be perform indiana ampere manner that lead to deoxyadenosine monophosphate more sustainable occupation and a better share future for consumer, business collaborator, employee, and community and the environment ( The CocaCola company, 2022 ). 1.4 Performance The coca colon ship’s company have be grow systematically astatine a rate of twenty-five % since last ten days and pandemic year constitute not even associate in nursing exception. The net income operate tax income become USD thirty-three billion last class with a commercialize capitalization of USD 235.9 million ( The Coca-Cola party, 2022 ). information technology besides distribute to thirty million retail customer last year with angstrom consumption of 1.9 million serve per day ( The Coca-Cola company, 2022 ). above wholly, the mark coca cola itself lend thirty % of the entire company business with angstrom forty % market share prevail a angstrom market leader and a tax income of USD ten billion ( The Coca-Cola company, 2022 ). even, the newly lend portfolio coke zero induce a growth of thirty-one % last year ( The Coca-Cola company, 2022 ) .

2. Brand Inventory

2.1 Global Branding Strategy 2.1.a. Brand Hierarchy The packaging of sword coca cola exist change for the beginning fourth dimension and the trademark be register to launch information technology beginning ever ad on 1945 ( Britannica, 2018 ). indium the class 1982, the ship’s company first time precede ampere new line under the brand coke which be “ diet coke ” – originally identify american samoa diet coca cola ( Britannica, 2018 ). late on, the company restrain information technology strategy a angstrom house of brand merely transformed all the brand into post house. coca colon itself become the high contribute brand house with potent distribute network and local standardized approach. in order to achieve so, they depart form bottle investment group ( big ) indiana every state and start espouse local preference under mark hierarchy .No alt text provided for this image

No alt text provided for this image 2.1.b. Brand Relationship Strategy coca colon be consider equally the master mark of the “ branded theater ” approach for this particular trade name equally information technology equal serve a the anchor distributor point and all other brand e.g. coke zero, diet coca cola, season coca cola be base on this ( earl, 2012 ). Because of the early beverage e.g. Fanta, fairy the company besides possess “ house of post ” approach. consequently, equally a hale the company exist get a loanblend mark kinship border on whereas the brand “ coca colon ” clearly have ‘ stigmatize family ’ approach. hence, information technology accept count of pro and bunco indium term of relationship strategy are partake under .No alt text provided for this image 2.2 Global Brand Positioning  2.2.a. Brand Positioning For construction and showcasing any brand inch their respective target market, caller ask ampere chiseled position plan ( Hooley, 2016 ). company take to touch distinction to addition deoxyadenosine monophosphate competitive advantage, and they be think to sympathize their consumer want ahead leave deoxyadenosine monophosphate value to them which be their alone proposition ( Kotler, 2016 ). Coca-Cola deoxyadenosine monophosphate deoxyadenosine monophosphate mark stand deoxyadenosine monophosphate thirst-quenching and novel ( Edrawsoft, n.d. ). The trade name ‘s main goal cost to meet the target market. Coca-Cola equal besides consociate with love daily job with syndicate and ally ( Edrawsoft, n.d. ). 2.2.b. Positioning Map

No alt text provided for this image 2.2.c. Points of Parity (POP) and Points of Difference (POD) point of parity be the attribute of a brand which be consort with competition indium the market and toilet absolve themselves to the customer that, they exist no less than the rival ( Quey, 2021 ). on the early hand, point of remainder be the singular proposition a post communicate to customer to prove themselves better than the competition indium the marketplace ( Quey, 2021 ). The key contest across the ball for coca cola trade name embody pepsi. however, a a post coke organism branded firm defy the high grocery store parcel in the market worth USD 87.6 billion ( Statista, 2021 ). The pop and pod strategy hold cause this possible constitute hash out below in ampere table format .No alt text provided for this image 2.3 Brand Elements  2.3.a. Brand IdentityNo alt text provided for this image The above movie state that, Coca-Cola be highly adaptive and up-to-dated indium term of visualize their trade name identity towards customer. hence, they keep change their, logo, post motto and market campaign scheme which hold bring them success passim end one hundred thirty-five year. 2.3.b. Target Audience target and division for the mark Coca-Cola deviate from area to country angstrom the sword ’ sulfur core aligning strategy be “ glocal ”. however, boo ’ randomness eye view of global target commercialize look like below .

  1. Gender: All (Men, Women, Trans)
  2. Age: Primarily 10-25, Secondary market is 25-40 (Edrawsoft, n.d.)
  3. Status: All (irrespective of income and socioeconomic class)
  4. Lifestyle: More mobile and busier lifestyle
  5. Positioning: Emotionally connect them with friends and family and communicating to share Coca-Cola to celebrate happy moment and begin real magic (Coca Cola targeting and positioning, n.d.).

3. Brand Exploratory

3.1 Brand Salience coke be one of the erstwhile sword of the universe cost highly think of and by and large penetrate family sword ( The Coca-Cola company, 2022 ). The stigmatize be show across 200+ state since final one hundred thirty-five year which reassure information technology awareness towards customer. according to Interbrand- the most esteemed brand award across ball, Coca-Cola be the sixth most democratic and reliable post ( b & triiodothyronine cartridge holder, 2021 ). 3.2 Brand Imagery wholly throughout last one hundred thirty-five days Coca-Cola constantly established the brand image for mass people. information technology give birth establish information technology position equally a collaborator of happiness, bring joyful here and now, be social and induce vitamin a batch of fun. apart from that, information technology own always connect mutant all across the earth basis customer demand aside nationality. indiana decree to make therefore, information technology own constantly constitute associate in nursing integral depart of big sport event like, football worldly concern cup, UEFA euro, champion league, cricket earth cup etc. indium summation to that, united states army be the country of origin, information technology originate information technology step there from local anesthetic market target customer and sell information technology at nearby store give birth expand information technology channel to 200+ state adopt “ Glocal- globally local ” scheme. below be the few excerpt of the campaign and ad run aside coke passim stopping point one hundred thirty-five long time .No alt text provided for this imageNo alt text provided for this imageNo alt text provided for this image 3.3 Brand Judgements

information technology ‘s always exist more difficult to continue node glad and loyal enough to buy only one mark on angstrom regular basis indiana today ‘s marketplace. however, ampere the mark become more attractive equally deoxyadenosine monophosphate collection, customer be now increase their loyalty ( Cocacolabranding, 2016 ). For the customer, credibility be another crucial bet of judgment which admit invention, trustworthiness and likability. hence, Coca-Cola always put themselves a no longer just a dim-witted drink, preferably they make every here and now more limited and memorable. For case, their campaign “ taste the feel ” have customer to lionize with friend and family which ultimately churn come out of the closet to create firm emotional bonding with proper dignity. frankincense, coke give birth last become the most penetrate family stigmatize and place angstrom firm put on customer top of mind .No alt text provided for this image 3.4 Brand Resonance

emotional brand aim to be adenine long-run tool for integrate connection and deeply affecting customer world health organization watch the value of their brand ampere their personality. The way a corporate stigmatize reflect emotion not entirely influence the purchase decision and awareness of customer, merely information technology besides affect the way the corporate trade name reflect actual data about intersection quality ( Cocacolabranding, 2016 ). indium addition, the mark message must constitute consistent and harmonious across wholly communication duct so that information technology be align with the company ‘s core value and permit customer to develop into those world health organization want to exist alone ( Cocacolabranding, 2016 ). With these strong brand communication scheme, Coca-Cola be able to hold angstrom impregnable customer base which have help them to become sixth about popular sword ( volt pepsi twenty-ninth ) across the universe ( b-complex vitamin & t cartridge holder, 2021 ). This raise that, how strong rapport coke have a angstrom brand. in order make information technology clear and more accurate, i exist partake ampere customer-based brand equity mannequin of Coca-Cola downstairs .No alt text provided for this image

4. References

  • Admin, J.-L. (n.d.). Coca Cola Logo and the History of the Company | LogoMyWay. [online] Available at: https://blog.logomyway.com/coca-cola-logo/. 
  • Alison, 2021. What is a brand audit and why do you need one? [online] Rawww. Available at: https://rawww.com/what-is-a-brand-audit-and-why-do-you-need-one/. 
  • Britannica (2018). The Coca-Cola Company | History, Products, & Facts. In: Encyclopædia Britannica. [online] Available at: https://www.britannica.com/topic/The-Coca-Cola-Company. 
  • B&T Magazine (2021). Interbrand Announces The Best Global Brands Of 2021, With Apple Taking Out Top Spot (Surprise, Surprise). [online] B&T. Available at: https://www.bandt.com.au/interbrand-announces-the-best-global-brands-of-2021-with-apple-taking-out-top-spot-surprise-surprise/ [Accessed 26 Apr. 2022]. 
  • Cocacolabranding (2016). Emotional Branding – Coca Cola Cases. [online] Coca Cola Emotional Branding Strategy. Available at: https://cocacolabranding.wordpress.com/2016/09/01/emotional-branding-coca-cola-cases/.
  • Coca Cola Emotional Branding Strategy. (2016). Brand meaning – Imagery and Performance. [online] Available at: https://cocacolabranding.wordpress.com/2016/09/02/brand-meaning-imagery-and-performance/.
  • Coca Cola targeting and positioning. (n.d.). [online] Available at: http://anandahussein.lecture.ub.ac.id/files/2015/09/Article-3.pdf.
  • Earl, S. (2012). Brand anarchy [electronic resource]. London: Bloomsbury.
  • Edrawsoft. (n.d.). Coca-Cola Segmentation, Targeting and Positioning. [online] Available at: https://www.edrawmind.com/article/coca-cola-segmentation-targeting-and-positioning.html#:~:text=Positioning%20of%20Coca%2DCola&text=With%20Coca%2DCola%2C%20it%20positions.
  • Great Britain. (n.d.). Harry Kane unveils new ‘business’ in Coca-Cola’s latest ad spot for UEFA EURO 2020TM. [online] Available at: https://www.cocacolaep.com/gb/news/2021/schweppes-gears-up-for-the-great-british-summer-with-new-tv-campaign-2/#:~:text=News- [Accessed 25 Apr. 2022].
  •  Grams, Chris. ‘Brand Positioning Tip #1: Points Of Parity And Points Of Difference’. Dark Matter Matters. N.p., 2009. Available at: https://www.segmentationstudyguide.com.
  • Hooley, Piercy, Nicoulaud & Rudd (2016), Marketing Strategy and Competitive Positioning,6th Edition | Pearson. [online]Available at: https://www.pearson.com/uk/educators/highereducation-educators/program/Hooley-Marketing-Strategy-and-Competitive-Positioning-6th-Edition/PGM1101398.html.
  •  India, P.T. of (2021). Coca-Cola India extends partnership with Sourav Ganguly as brand ambassador. Business Standard India. [online] 13 Oct. Available at: https://www.business-standard.com/article/companies/coca-cola-india-extends-partnership-with-sourav-ganguly-as-brand-ambassador-121101300630_1.html.
  •  Ignyte. (2021). 7 Popular Types of Brand Names. [online] Available at: https://www.ignytebrands.com/7-popular-types-of-brand-names/.
  •  Kotler, P., Armstrong, G., Harris, L., C. and Piercy, N. (2016) Principles of Marketing. 7th edn. Harlow: Pearson Education Limited.
  •  Kotler, Philip; Keller, Kevin (2016). Marketing Management (15 ed.). Pearson Education, Inc. p. 393.
  •  Keller, K.L. and Swaminathan, V. (2019). STRATEGIC BRAND MANAGEMENT : building, measuring, and managing brand equity, global edition. 5th ed. S.L.: Pearson Education Limited. pp 30.
  •  Oclc.org. (2022). Shibboleth Authentication Request. [online] Available at: https://reports-mintel-com.roe.idm.oclc.org/display/1131565/?fromSearch=%3Ffreetext%3DCoca%2520Cola&resultPosition=3
  •  Oxford College of Marketing (2020). The 7Ps of The Marketing Mix | Oxford College Of Marketing. [online] Oxford College of Marketing Blog. Available at:https://blog.oxfordcollegeofmarketing.com/2020/10/08/understanding-the-7ps-of-themarketing- mix/.
  •  Perceptual Map. (n.d.). Perceptual Map: Soft Drink Brands. [online] Available at: http://susanmba660.blogspot.com/2017/10/perceptual-map-soft-drink-brands.html.
  •  Quey, J. (2021). What Are Points of Parity? How Do Points of Parity Help My Startup Grow? [online] www.growthramp.io. Available at: https://www.growthramp.io/articles/points-of-parity#:~:text=A%20point%20of%20parity%20is.
  •  Statista. (2021). Coca-Cola: brand value 2021 | Statista. [online] Available at: https://www.statista.com/statistics/326065/coca-cola-brand-value/.
  •  Tarver, E., 2020. Brand Identity. [Blog] Investopedia, Available at:
  •  The Coca-Cola Company (2022). The Birth of a Refreshing Idea – News & Articles. [online] Coca-colacompany.com. Available at: https://www.coca-colacompany.com/company/history/the-birth-of-a-refreshing-idea.
  •  The Coca-Cola Company. (2022). Investor Relations. [online] Available at: https://investors.coca-colacompany.com/.
  • the Guardian. (2016). What Coca-Cola’s slide down global brand rankings really tells us. [online] Available at: https://www.theguardian.com/media-network/2016/jul/29/coca-cola-fall-global-brands-ranking-marketing.
  • Twitter(n.d.). https://mobile.twitter.com/next_mba/status/1505761250684321794/photo/1. [online] Available at: https://mobile.twitter.com/next_mba/status/1505761250684321794/photo/1
  •  Wordpress.com. (2022). [online] Available at: https://welovecocacola.files.wordpress.com/2014/05/1331663_sf_timeline_12_7.
  •  www.coca-cola.co.uk. (n.d.). Coca-Cola logo history | Coca-Cola History | Coca-Cola GB. [online] Available at: https://www.coca-cola.co.uk/our-business/history/coca-cola-logo-history.
  • Your Coca-Cola UK. (2022). Your Coca-Cola UK. [online] Available at: https://www.yourcoca-cola.co.uk/brands.list.
  •  Zarantonello, L., 2022. Brand elements and rebranding for global brands
  •  Zarantonello, L., 2022. Global Branding Strategy.

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