The Coca-Cola Company Marketing R

The Coca- dummy accompany An psychoanalysis of The Coca-Cola play along 6/13/2010 Table of Contents Title Page1 Table of Contents2 Introduction3 5Cs Analysis4-10 4Ps Analysis11-14 nerd Analysis & Final Remarks15-17 Introduction In May 1886, derriere Pemberton, who was a pharmacist from Atlanta, Georgia was the first compriseer of coca cola. He concocted the coca cola polity in kin three legged brass kettle which the suggestion was given by book stay nonp atomic number 18ilr Frank Robinson. ampere-second was fist interchange at the pharmacy as a non torrent version of French wine coca. make headway, the sales were loss receivable to tout ensemblewhere refinement and wellness worrys such as, disease, morphine, addictive, and headache. Because Coca-cola belonged to Charley, it was named coca-cola. Afterwards, Asa Candler, the Atlanta pharmacist/businessman bought the formula from John. His grocery storeing skills were a huge conquest to the c solelyer-up duri ng the 50th anniversary. His scoop skills were his promotion ideas. He gave away coupons for complimentary first takes of coca-cola, gave calendar, urns and clocks to pharmacist. These promotions increase the sales by tot from each one(prenominal)y over 4000% during 1890-1900. as tumefy, he gave minor changes in the grammatical constituent and exchange it in bottle, which was first sold in Vicksburg, Mississippi. Because the company was non too happy ab come in the proliferation of copycat beverages and to safeguard the cross, they advertised that center the authenticity of coca-cola. Later in 1923, Robert Woodruff brought the company from Asa Candler. He was a foodstuff placeing genius because he observed say-so overseas opportunities. He would trespass on these opportunities by introducing change state harvests in the 1928 Olympic Games.Woodruff do innovation by making distri providedion of 6 packs, open binding cooler that was easier for people to alcohol addic tion at home or away, which was a huge conquest. Coca-Cola would reiterate its dedication towards the planetaryizing Coca-cola by initiating a series of advertisements linking Coca-Cola to the mankind. A specific advertisement that servicinged Coca-Cola shine its international appeal occurred in 1970 where Coca-Cola make young people from all(prenominal) over the manhood sing a song callight-emitting diode Id alike to Buy the serviceman a century.Coca-Cola continually succeeded even amid protests of Coca-Colas changing of its formula. After protests, setback Company returned to its old formula. This helped regain its market appoint over tilt and led to the Coca-Cola Companys introduction of a provender carbon ingathering that apply Splenda sugar, which was its trademark. In the 21st century, in 2007 it came up with diet coke that contained vitamin B6, B12, magnesium, niacin, and zinc. Diet coke plus was made to be considered as a healthier soda. Coca-cola stopped pr inting the word classic on the labels of 16 oz bottles.Coca-cola is committed to local anaesthetic markets and has bottling conk outners. Currently it is ubiquitous bulls eye, every ace clock time, it is kn fork up got as the closely exciting and satisfying beverage. This report leave arsehole analyze why and how The Coca-Cola Company was able to achieve its title as the number one wooly- alcoholism company in the piece. Beginning with an analysis of the 5Cs regarding the company, followed by a 4Ps analysis, and ending with a nerd analysis, lead proudlight what factors drove towards Coca-Colas laterality in the ticklish- sop up market. 5 Cs AnalysisHaving been in the soft-drink assiduity for over 100 years says a lot to the highest degree their last in the soft-drink industry. Coca-Colas long endeavored success has led to their competency to sustain a high market sh ar in the non-alcoholic drink market with their driving force reaping in Coca-Cola but in ad dition in its other mathematical harvest-homes as well. According to their website, Coca-Cola serves up to 1. 6Billion servings a mean solar day of their proceedss, which poses the question on how they are able to adjudge up with such a high demand? An answer lies in their company mission statement, which is to * To refresh the cosmos To inspire moments of optimism and happiness * To take a shit value and make a difference. (Source http//www. thecoca-colacompany. com) It is this making Coca-Cola a part of ones lifestyle mentality that has allowed Coca-Cola to expand its brand doubling from a national level to a world(a) level, which has fueled their dedication to keep up with these mind-boggling demand accounts ever since the year of the inception of the Coca-Cola company. Their spheric image has r severallyed the point where orbiculate sales tolerate triumphed over the at once dominant national U. S. market.For example, Coca-Colas 2008 revenue levels indicated that 75% of its revenues came from global sales, whereas solely 25% came from North the States. This statistical figure indicates that the Coca-Cola is indeed a global brand. In fact, according to a 2006 study occupye by Businessweek and Interbrand, Coca-Cola was rated the worlds number one brand (http//www. interbrand. com/images/studies/BGB06Report_072706. pdf) Coca Colas ability to recognize the global market size and actually capitalize on it fight backs a huge part of why Coca-Cola has attained this crystalize of recognition.Although Coca-cola represents the biggest company in the world, it surprisingly doesnt bottle and distributes its own products. Instead, franchises of diametric bottling collaborating companies represent the pop out of the bottling and distribution of Coca-Colas products. Coca-Cola does produce a high amount of market shares in most of these bottling companies, ensuring that heavy demand goals stinkpot be met for the Company. Coca-Colas biggest accomplices represent Coca-Cola Enterprises, Coca-Cola Femsa, and Coca-Cola Hellenic Bottling Co.The Coca-Cola Company owns 31. 6%, 32%, and 23% respectively of each of these bottling companies. Coca-Cola Enterprises represents the biggest franchisee bottling and distributing company. It bottles and distributes for 80% of U. S sales and bottles and distributes for 18% of worldwide sales. Here is a diagram that explains the logistics behind Coca-Cola Enterprises operations Coca-Cola Femsa is heavy cogitate in Central and South-America, and the Coca-Cola Hellenic Bottling Co is heavily focuse within regions spanning from Africa, Europe, and Asia.It is this collaboration methodology that has allowed Coca-Cola to focus more on the cultivation and master(prenominal)taining of its products and brands. The number of shares that the Coca-Cola invests in most of these bottling companies en genuines the alliance depart be vehement between the some(prenominal)(prenominal), because they do repre sent the of import driving force behind the bottling and distribution of Coca-Colas products. There is recent speculation though that Coca-Cola may indeed fully acquire its biggest collaborator in Coca-Cola Enterprises in immortaliseing of Pepsis Co. s acquisitions of some of their bottling collaborators.A nonher set of collaborators are represented in its relationships with other companies. As a prominent brand image, many companies have worked with Coca-Cola to help further advertise their own company. These companies can be today named to Coca-Cola in that Coca-Cola might represent a compliment with their product. These industries hold restaurants of all variants, movie theaters, convenient stores, supermarkets etc. Coca-Cola has normally teamed up with all these type of venues to ensure that its brand frustrates spread throughout all kinds of settings.This unremarkably results in promotions associated just with Coca-Cola products, the selling of only coca-cola product s, or special promotions that accommodate receiving Coca-Cola product if a certain product of the companys is purchased. A nonable relationship in this regard was the deal between McDonalds and Coca-Cola. In 2009, Coca-Cola and McDonalds continued its over 50 year relationship with each other by reworking a deal where McDonalds would feature not only one C, but many of Coca-Colas newer brands as well. This includes Coke- cipher, PowerAde, Fanta, and at once even Vitamin Water.Their in force(p) relationship with each other helps benefits both(prenominal) companies in that people impart link the quality of both brands with each other. It is these direct companies that represent the bulk of Coca-Colas sales, since most of Coca-Colas products are distributed at these venues. It is up to Coca-Cola to maintain good relations and a strong brand image in order for these direct companies to collaborate with Coca-Cola. Also there are indirectly related company collaborators with Coca- Cola. For example, in 2006 Coca-Cola launched MyCokeRewards.This promotional drift allowed users to reap points for the get of any of Coca-Colas products. These points could then be redeemed for respective(a) prizes, towards a contest, or towards the entering of a sweepstakes. Partnered relationships include in this rewards program included Holiday Inn, Nike, Block Buster, Delta, and Six Flags. Another notable indirect collaborator with Coca-Cola is Apple. In 2006, Apple and Coca-Cola agreed to a collaboration in which a Coca-Cola themed music site was created to promote bands all across Europe with the consolidation of Apples ITunes transcription.These examples of indirect company collaborators show that though they dont distribute Coca-Colas products, these indirect collaborators help promote their own product along with products of Coca-Cola. Beginning with a excellenter form of competition, local drink brands represent the bulk of these adversarys. Their only strength is their prevalence in their local location but they have a huge advert of weaknesses when compared to the Coca Cola Company. These weaknesses include small amount of assets, lack of product extension, and prevalence outside of their local location.With most of these competitors, the Coca-Cola can simply acquire them through payment, or involve them out through a tidy sum of schemes. These schemes include price gauging or high amounts of advertisements. Since Coca-Cola produces so many types of non-alcoholic drink products, Coca-Cola can easily enter all sects of the drink market in most countries of the world. However it is no doubt that Pepsi Co. represents the biggest competitor of the Coca-Cola Company. Pepsi Co. began in a confusable fashion of the Coca-Cola in that Pepsi Co. s most popular product in Pepsi was developed by a pharmacist in 1903. Like the Coca-Cola Company, Pepsi Co. has variations on Pepsi and has a huge product listing of antithetic drinks comprehend the no n-alcoholic drink spectrum as well. Pepsi Co. also follows a horizontal integration system with the merger and acquisition of other similar drink products. around Pepsi Co. s other popular drinks besides Pepsi include, Diet Pepsi, 7-Up, Tropicana, Gatorade, Mountain Dew, Aquafina and a thump of other products.These companies are indeed direct competitors because they both represent the both biggest drink companies in the world and each one wants to make sure it has the vast majority market shares. The two companies arent solo the aforesaid(prenominal) though. Merging with Frito Lay in 1965, Pepsi Co. enjoys the strength benefit of advertising its products along side Frito Lays products. This food/drink compounding allows both Frito Lay and Pepsi to benefit, since both can make promotions for each of its products. Nevertheless, this can also be induced as a weakness of the company as well.This is because Pepsi has to allocate some resources to the development and production of Frito Lay products, which allows The Coca-Cola Company the ability to slowly take control of the drink market since that is its only focus. Also any negativity with any Frito-Lay products could be linked to Pepsi products if both products are too frequently marketed together. It is these two ideas that could prompt why The Coca-Cola still enjoys a high level of market shares on Pepsi. Its not entirely because of these two ideas that Coca-Cola still enjoys a higher market share there are many other factors as well.One specific advantage that Coca-Cola had over Pepsi was that The Coca-Cola Company owned Columbia Pictures from 1982-1989. Between this time, Coca-Cola easily advertised their products indirectly by including it in a multitude of films. Both companies employ similar marketing tactics, in that both try to popularize its main product in Pepsi and Coke respectively. Both companies have used celebrities, sponsorships, multitudes of TV ads, appearances in TV shows/movies, and all kinds of advertisement strategies. However these marketing schemes have caused the two companies to engage in what many call the Cola Wars.Since the 1970s both companies had countless of ads trying to devalue the other companys main product Pepsi initiated this by starting a set of commercials of having Blind Tastes. Deemed as the Pepsi Challenge, these types of ads would extenuate Coca-Cola refuted to some of these ads by producing similar ads and also by producing a new recipe of coke in the 1980s. It slowly reverted cover version to its unmixed formula later on but despite these devaluation schemes, both companies attend to employ the same advertising schemes by portraying their product as a something that should be a part of ones lifestyle.It has bang to a point where whenever Coca-Cola has an advertisement, youll most likely see a similar Pepsi advertisement as well. At this point, both companies have locomote so prevalent in the global market that people usually dont diametricaliate between the two main products in Coke and Pepsi. Sure some diehard fans of each company will disagree, but there are plenty of examples where this idea can be seen. For example, you go to a restaurant and you ask for a Coke.When the waitress responds, Oh distressing we only have Pepsi, youll most likely respond with oh thats fine. It has come to this point where both companies can benefit from the competition aspect, but at the same time if one company drops the ball or messes up badly, the other company can easily capitalize on the market since both companies represent the top 2 drink companies in the world. When evaluating the guest of Coca-Cola, it much has no limits. Besides the alcoholic client, the Coca-Cola Company has products that encompass all parts of the drink market.The market size of the drink market practically covers the vast majority of the world since it compliments a biological government agency in replenishing thirst. However it depends on th e motive and likes of the customer that will inflict which product he/she will buy. With a huge 3300 different kinds of beverages, Coca-Cola does a undischarged job of not devaluing its most successful Coke brand with its other brands that target different parts of the non-alcoholic drink market. There are examples of devaluation may have occurred, such as in the production of Diet-Coke and Coke-Zero.In the 1980s was labeled as a time where individuals wanted to live a healthier lifestyle, so Coca-Cola had no choice but to develop a healthier version of its product in Diet Coke since its competitors were sideline suit. This theme again was reintroduced in the late 2000s when health issues re-sparked. However realizing certain customer trends and behaviors, The Coca-Cola Company made a separate heavy drink in Coke Zero in hopes of targeting the male population. Thats because trends showed that males didnt drink Diet-Coke delinquent to the nature of its name universe associated with a diet.It was due to immense popularity and recognition of the Coca-Cola brand name and a sexual climax of systematic advertisements highlighting the healthiness of these diet Cokes that led most of its customer base to not deter away from the original product in Coca-Cola. A following section will dive into the marketing aspects that drive this popularity in its original product of Coke. According to this graph carbonated soft-drinks represent the higher amount of gallons consumer per capital from 1991-2008.It is because of this staggering trend that Coca-Colas most popular products are in its carbonated drinks. This trend has also transcended to the global level because of course Coca-Cola wanted to popularize its main product in Coca-Cola. Here are some statistical figures of per-capita consumption of Coca-Cola throughout the world Coca-Cola knows the initial popularization of its Coke product will eventually help the sales of its other products. All labels of Coca-Colas pr oducts in some sort of form state it was manufactured by The Coca-Cola Company. Since people can relate to the high brand quality of Coca-Cola, it will interest individuals to try out The Coca-Cola Companys other products. And since the Coca-Cola Company has a product that covers every part of the soft-drink spectrum, customers will presently discovered that the Coca-Cola Company has a product that meets all its non-alcoholic drink needs. This is reflected in recent a sales figure which lists all of The Coca-Cola Companys products that have garnered over $1 one thousand million in sales The Coca-Cola Company has unendingly strived to respond according to its context.There werent many complications in the first half of the companys history so it was free for Coca-Cola to flow in into the drink environment and promote itself. But soon after the start of the 1980s to 2000s, complications behind the ingredients of Coca-Cola started to arise. This was because health officials noted th at Coke could have potential health prepares with its high content in sugar and caffeine. More specifically health and government officials noted that Coca-Cola utilise a cheap form of sugar called High Fructose corn whiskey Syrup.Developed from corn, this sugar is definitely considered an alternative to natural cane sugar due to its increased availability and its cheap cost. However it does pose a higher health risk since it has been linked to cause obesity and type-2 diabetes at a faster rate than cane sugar. In response to this, Coca-Cola developed product extension lines initially with Diet-Coke and Coke-Zero following suit in 2004. These two products responded well to these health-conscious environments. These types of examples show how the Coca-Cola Company stands behind its mission statement.In no matter what consideration or form, the Coca-Cola Company does its best to accommodate towards the period environment of the market. 4P Analysis Product Coca-Cola offers a portf olio of more than 3,300 products in over 200 countries. major Brands of Coca-Cola are Coca-Cola sodas/soft drinks that generate $1 million in annual sales (http//www. wikinvest. com/ timeworn/Coca-Cola_Company_(KO)) Coca-Cola Dasani Diet Coca-Cola Vitamin Water Fanta Powerade fairyland Minute-Maid Coke Zero Aquarius Barqs Rootbeer Nestea Odwalla SokenbichaCoca-Cola classic is the most popular and biggest selling soft-drink in history. Coca-Cola Classic is the best-known product in the world and was created in Atlanta, Georgia, by Dr. John S. Pemberton. By 1895 Coca-Cola Classic was being sold in every state and territory in the United States. As stated the driving force of The Coca-Cola company is in its original product of Coca-Cola, but they have slowly evolved their company to not only encompass the soda part of the soft-drink market, but literally of all of the other parts representing the non-alcoholic soft drink market as well.It boasts a total of 3300 different beverages, with some of these beverages having high market share in the soda market as well as the other segments of the non-alcoholic soft drink market. However it cant be overlooked that the Coca-Cola has participated in Product-Line extensions with the creation of alternative Coca-Cola brands, such as Diet-Coke, Coke-Zero, Vanilla Coke, Green Tea, Cola Lemon, Cola Lemon Lime, Cola Lime, Cola Orange, and even Cola Raspberry, and Cherry-Coke.In a sense, The Coca-Colas company approach throughout the years can be seen as a form of Horizontal Integration in that Coca-Cola has expand internally, with its external growth following suit. This external expansion is reflected by all the mergers and acquisitions of companies that offered similar products. All these factors show why the Coca-Cola Company has evolved to become biggest loss leader of the soft drink market. Another very popular Coca-Cola soft drink is Sprite. Sprite was introduced in 1961 and is the world leading lemon-lime flavored sof t drink.Sprite is sold in more than 190 countries and is ranked Number four in the soft drink worldwide industry because of its crisp, clean taste that really quenches your thirst. Sprite has a strong appeal to the young generation because of its honest and ingenuous attitude that sets it apart from other soft drinks. Sprite encourages you to be reliable to whom you are and obey your thirst. Product promotional material includes products of sparkling drinks and still beverages (water, succuss, juice drinks, teas, coffees, skylarks drinks, faculty drinks).Through innovative fountain distribution, Coke-Cola is able to be more negotiable and reliable towards consumer satisfaction. Packaging beverages where through plastic bottles and aluminum cans. The Coca-Cola Company is accepted by 94% of the worlds population. According to Coca-Cola product packaging strategy their approach is to identify and utilize the most compelling combination of packaging elements that best communicate s what Coca-Cola stands for around the world Unique taste, great diversion and authenticity. PLACE The Coca-Cola Company is the worlds largest beverage company.Beverages are sold in over 200+ locations throughout the world. The Coca-Cola headquarters is located in Atlanta, Georgia, USA. Coca-Cola has an employee net force of rough 92,400 members. The operating groups are division as Eurasia & Africa Group Europe Group North America Group pacific Group Bottling Investments Group McDonalds Group The Coca-Cola system is a global business that operates on a local scale (community business) that allows Coca-Cola to create a global reach with local focuses because of the strengths of the Coca-Cola system which involves their 300+ bottling partners worldwide.Coca-Cola and their 92,000+ associates around the world live and work in the markets that serve more than 87 portion of outside markets in the U. S. This geographically diverse environment helps Coca-Cola learn from each market an d share those learnings to develop collaborative company culture. PRICE Pricing varies according to brand and size. Approximately Coca-Cola 2L costs about $1. 68 and a pack of 375mL x 18 cans of Coca-Cola is approximately $9. 98. Studies show that instead of pricing a pack of Coca-Cola as $10. 00, pricing a price even one cent cheaper as $9. 9 is due to the psychological perception of cost strategy that makes the product of the price seem much cheaper even if it is just one or two cents cheaper from the closest whole number. Coca-Colas pricing influences are contributed to Coca-Colas products that are sold and distributed to retail stores and set by their pricing strategies. Convenient stores and petrol place usually sell Coca-Cola products at a fixed price. Discount prices are often set and marked down during sale periods and special do to increase sales and profits.Prices are set around competitors and seasons also have an influence in pricing. PROMOTION Coca-Cola cares about t he welfare of animals and supports their proper treatment. Coca-Cola and their U. S. bottling partners will not sponsor events or attractions that feature animals unless the event organizers have policies and procedures in place to support the humane treatment of animals and provide ready penetration to quality veterinary care to protect the animals health and safety.For more than 50 years, Coca-Cola has had a policy not to advertise full-calorie, sparkling soft drinks on TV programming that targets children under 12. The Coca-Cola Company believes that children under 12 should not be the audience of Coca-Colas advertising and marketing practices because of the nutritional contents in the beverages that may not be suitable for children under the age of 12. The Coca-Cola Company may have more than one promotion running at any given time and may use many different types and strategies to promote their products.Coca-Cola uses shelving strategy that is the seting of their products in stores, eye catching position strategy that is the attraction of customer attention to Coca-Colas products, sale promotions through sponsorship with schools and sport events ex. FIA knowledge domain Cup, and UTC (Under the Crown) offering prizes to promote Coca-Cola products. Coca-Cola uses advertising as its main source of increasing consumer sentiency. Television is their main advertising source. The music used in advertising is often an original recording produced by agencies specifically for that commercial.Coca-Cola also uses POS (Point Of Sale) that is used through posters and stickers of Coca-Cola and billboards to promote products and the Coca-Cola Company at different site locations. The following amounts reflect the total worldwide amounts spent on print, radio, internet, and telly advertising. Advertising expenses included in selling, administrative and ecumenic expenses that were approximately 2006 $2. 6 billion 2005 $2. 5 billion 2004 $2. 2 billion 2003 $1. 8 billio n 2002 $1. 7 billion 2001 $2. 0 billion 2000 $1. 7 billion 1999 $1. billion 1998 $1. 6 billion 1997 $1. 6 billion 1996 $1. 4 billion 1995 $1. 3 billion 1994 $1. 1 billion 1993 $1. 0 billion SWOT Analysis A SWOT analysis was done on the Coca-Cola Company to pinpoint key factors that led to Coca-Colas past and current success in the soft drink market. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, so to begin with the analysis, the strengths area will be looked at first. Coca-Colas strengths include strong market strategies, product diversification, and many distribution channels.Coca-Cola uses a mix of great advertisements which include catchy slogans, a strong family-brand image, and also sponsors light events. A blossom example of one of their successful advertisements was seen with their launch of Coke Zero. Coke Zero is a dietary substitute to the original Coke, like Diet Coke, but claims to have the same flavor as the original Coke. Their slogan that was u sed was, A clear case of taste infringement. Advertisements were run on television of lawyers from Coca-Cola trying to sue Coke Zero for copying their flavor, even though Coca-Cola obviously made Coke Zero.In the end Coke Zero turn up to be a big hit for Coca-Cola and continues to be a success. As for their family-brand image, Coke has always been seen as family friendly in the United States of America for a very long time. To illustrate this image, Coca-Cola has utilized a general heuristic marketing, generally aimed at making people link sportsman and family friendly with the Coca-Cola Company. Some examples include Coca-Colas holiday campaigning, partnerships with family-friendly venues, and prizes that appeal to a typical American family.Santa is seen as the biggest icon and representative of the holiday season. Coca-Cola is the agreement for the present-day image of Santa. Coca-Cola advertising actually helped shape this modern-day image of Santa. As for their partnerships , Coca-Cola has been a long-time partner with McDonalds. Along with McDonalds, Coca-Cola teamed up with Regal Theaters and the World Wildlife Fund (WWF). McDonalds and Regal Entertainment Group provide family friendly venues targeted for eat and entertainment purposes, respectively. The WWF is a charitable worldwide wildlife and agricultural conservation organization.They teamed up with Coca-Cola to help regulate Cokes water usage and its effect on the worlds agriculture. All three mentioned companies are seen as family friendly or have a mission statement that is family-approved. Coca-Cola expands their brand awareness by constantly being associated with worldwide sporting events. Coca-Cola is sponsoring the FIFA World Cup, which is the biggest sporting event in the world, the NBA, the NCAA, and NASCAR. Many commercials and billboards can be seen during these sporting events, as they are all advertisements of Coca-Cola. Product Diversification is a invaluable piece to Coca-Colas success.Along with the original Coke line, Coca-Cola also produces various sports drinks, bottled water, energy drinks, and also clothing and merchandise. Coca-Cola is the owner of PowerAde, Dasani, and Full Throttle. Currently, these three brands have a significant presence in the U. S. market that cant be ignored. Coca-Colas many distribution channels may be what makes Coca-Cola so dominant. Coca-Cola created the contour bottle in 1916, and they own shares of major bottling factories around the world. This has led Coca-Cola to be one of the worlds most recognized brands, being recognized by 94% of the whole world.The main weakness that has been found with Coca-Cola is their poor nutritional content. Although Coca-Cola is enjoyed by many different age groups worldwide, Coke is high in sugar and calories, has caffeine, and is associated with many fast foods. This is a problem with Coca-Cola as they have many different partnerships and distribution channels. The fact that Coke is so widely distributed and known gives them a larger opportunity to carry on a large number of people. Coca-Cola has been linked with many different diseases and health issues which include tooth decay, obesity, and diabetes.Although Coca-Cola is the current leading company in the soft drink market, there are still many new opportunities that exist to further strengthen their market share and keep other competitors at bay. Some opportunities that exist include, more sponsorships and diversifying into other segments. As mentioned before, Coca-Cola is currently involved with various sports sponsorships. However, Coca-Cola could broaden their sports sponsorships and gain more visibility. For the events that Coca-Cola is sponsoring, they have little visibility, as they are briefly mentioned in a name or seen on small billboards across the television screen.A suggestion that was thought of was the endorsement of a soccer team. It is a common practice for a corporation to endorse a team, and in return, have that corporations name and logo printed all over the uniform. An example of this that may be popular in Korea would be the player Park Ji-Sung. Park Ji-Sung plays for Manchester United and they are currently sponsored by AIG. The justification in this form of advertising would the fact that soccer is the worlds most watched sport, and there is no better way than to get a companys name out to sports fans.Another solution that was interpreted into consideration is the expansion to different sectors in the food industry. Following the examples of AW Root Beer and Baskin Robbins, if a Coca-Cola cafe opened up, the results could be great financially. The original idea for a Baskin Robbins Cafe to open up was part of a plan to revitalize the company after years of fall sales. Although Coca-Cola doesnt have a failing company, this could still boost sales and increase Coca-Colas dominance in the soft-drink industry, while boosting brand awareness among consumers. The last part of the SWOT analysis is threats.When Coca-Cola is thought of, Pepsi is almost always mentioned in the same sentence. Coca-Cola and Pepsi have been battling for the top position in the soft-drink market for years. Although Coca-Cola sits at the top spot for now, Pepsi has and always will be laboured Coke for soft-drink supremacy. From the infamous Cola Wars in the 1980s-1990s to the present day market situation, there is always a sense of insecurity and uncertainness of who will be the next 1. Different marketing schemes and ploys have been interpreted in the past to outdo one another. Starting with clever advertising, fraud taste tests, rewards rograms, and partnerships with other members of the food and beverage industry, every new project fuels a constant battle between the two companies. As explained before, Pepsi can be seen as a direct competitor to Coke in a very direct and narrow perspective. However, if the soft drink industry is seen as whole, or rather the beverage industry, any drink offered in the market can be seen as a potential competitor of Coca-Cola. Healthier alternatives include tea, water, and coffee. Tea and coffee can be seen as a healthier source of caffeine, while water can be seen as a healthier drink alternative in general.Overall, this SWOT analysis was done to see the present issues and potential problems in Coca-Colas current market, as well as to find solutions to these issues. Coca-Cola is mainly a provider of their staple drink, Coca-Cola Classic, but they also produce different products within the soft-drink industry. Although there is no correct answer to any current and potential issues, diversification into other food segments and new venues seem like a profitable venture for Coca-Cola. The Coca-Cola Companys has been on path towards dominance since its inception.Initially popularizing itself nationally then capitalizing on global opportunities has led to the major expansion of the Company, which originally started o ff as a single-product drink company to now a company that boasts a very solid single-product in Coca-Cola with alternatives in all aspects of the non-alcoholic drink market. Its popularization of Coca-Cola through its schemes of labeling it as amusement and family friendly has helped the company strive towards is goals as a company highlighted in its mission of making its products widely available and refreshing the world.Coca-Colas current state has shown that it can continue to utilize the same strategies explained towards its success in the future. The Coca-Cola Company has already shown that it can succeed at all types of time periods since the company is well over 100 years old. Its experience and its smart and effective strategies will be key towards its positive future. 1 . http//www. thecoca-colacompany. com/heritage/cokelore_santa. html