Rosary College of Commerce & Arts: An Assignment in Brand Coca-Cola
Rosary College of Commerce & Arts: An Assignment in Brand Coca-Cola
Rosary College of Commerce & Arts: An Assignment in Brand Coca-Cola
Introduction
The Coca-Cola Company was originally established as the J. S. Pemberton Medicine Company, which was co-partnership between Dr. John Stith Pemberton and Ed Holland. The Coca-Cola Company now is one of the worlds most powerful brand. The company at initial was formed to sell three main products, i.e. a) Pembertons French wine of Cola which was later known as Coca-Cola b) Pembertons Indian Queen Hair Dye c) Pembertons Globe Flower cough syrup. The Coca-Cola is the worlds largest beverage company, largest manufacturer, distributor and marketer of non-alcoholic beverage concentrates and syrups in the world. The Coca-Cola formula and brand was bought in 1889 by Asa Candler who incorporated The Coca-Cola Company in 1892. It was ranked as No 1. Brand in the world and estimated it brand value at $ 70.45 in 2003. Coca-Cola currently offers more than 500 brands in over 200 countries and serves over 1.7 billion servings each day. The company also has a long history of acquisitions. It acquired Minute Maid in 1960, Thums Up in 1993, Barqs in 1995, Odwalla in 2001, Fuze Beverage in 2007 and in 1982 Coca-Cola made its only non-beverage acquisition when it purchased Columbia Pictures for $692 million and sold the movie studio to Sony for $ 1.5 billion in 1989.
Our Mission Our Roadmap starts with our mission, which is enduring. It declares our purpose as a company and serves as the standard against which we weigh our actions and decisions.
Our Vision Our vision serves as the framework for our Roadmap and guides every aspect of our business by describing what we need to accomplish in order to continue achieving sustainable, quality growth.
When Dr. John S. Pemberton created the formula for his new drink in 1886, his partner and bookkeeper Frank M. Robinson named the drink Coca-Cola after the first two ingredients i.e. kola nuts and cola leaves, thinking that the two Cs would look well in advertising. The Bookkeeper wanted to create a unique logo to go with it, and experimented writing the companys name.
Asa Candler transformed Coca-Cola from an invention into a business. He knew there was a market out there for Coca-Cola, and Candler found brilliant and innovative ways to introduce them to this exciting new refreshment. He gave away coupons for complimentary first tastes of Coca-Cola, and outfitted distributing pharmacists with clocks, urns, calendars and apothecary scales bearing the Coca-Cola brand. People saw Coca-Cola everywhere, and the aggressive promotion worked. By 1895, Candler had built syrup plants in Chicago, Dallas and Los Angeles.
Inevitably, the drink's popularity led to a demand for it to be enjoyed in new ways. In 1894, a Mississippi businessman named Joseph Biedenharn became the first to put Coca-Cola in bottles. He sent 12 of them to Candler, who responded without enthusiasm. Despite being a brilliant and innovative businessman, he didn't realize then that the future of Coca-Cola would be with portable, bottled beverages customers could take anywhere. He still didn't realize it five years later, when, in 1899, two Chattanooga lawyers, Benjamin Thomas and Joseph Whitehead, secured exclusive rights from Candler to bottle and sell the beverage - for the sum of only one dollar.
1890-1891 Extra swirls For just one year, Coca-Cola logo changed its appearance quite dramatically with this extra swirly script. Afterwards, the logo returned to its previous font.
of Terre Haute, Indiana, won a contest to design a bottle that could be recognised in the dark. In 1916, they began manufacturing the famous contour bottle. The contour bottle, which remains the signature shape of Coca-Cola today, was chosen for its attractive appearance, original design and the fact that, even in the dark, you could identify the genuine article. As the country roared into the new century, The Coca-Cola Company grew rapidly, moving into Canada, Panama, Cuba, Puerto Rico, France, and other countries and US territories. In 1900, there were two bottlers of Coca-Cola; by 1920, there were about 1,000.
Woodruff's vision that Coca-Cola be placed within 'arm's reach of desire' was coming true - from the mid-1940s until 1960, the number of countries with bottling operations nearly doubled. Post-war America was alive with optimism and prosperity. Coca-Cola was part of a fun, carefree American lifestyle, and the imagery of its advertising - happy couples at the drive-in, carefree mums driving big yellow convertibles - reflected the spirit of the times.
1941-1960s Tail tweaked In this version, the words Trademark Registered moved out of the tail of the C
1969 That famous white wave The Arden Square logo was unveiled to the world. In this red box, the familiar Coca-Cola script was underlined with the iconic white wave known as the Dynamic Ribbon Device, which is still used to this day.
2000-Now
The last decade marked an increase in Coca-Cola's efforts to create a sustainable framework for the future. In 2009, the company launched Live Positively - a public commitment to making a positive difference in the world by redesigning the way we work and live so that sustainability is part of everything we do. Live Positively includes goals for providing and tailoring beverages for every lifestyle, supporting active, healthy living programmes, building sustainable communities, reducing and recycling our packaging, cutting our carbon emissions, establishing a sustainable water operation and creating a safe, inclusive work environment for all. The company has continued to build on existing relationships with global sports events such as the 2010 FIFA World Cup and prepare for the London 2012 Olympics Games, and the company continued to nurture our affiliation with the Special Olympics, which began in 1968. Coca-Cola has remained dedicated to offering quality drinks for every lifestyle and occasion, marketing those beverages responsibly and providing
information that consumers can trust. As of 2008, Coca-Cola can count more than 160 low and no calorie drinks in the company's range, such as Coke Zero and Powerade Zero. The company now also lists the nutritional information on the front of all drinks in Great Britain with plans to roll out worldwide. In 2011 Coca-Cola reached the age of 125 years.
2003 Keeping it real With the introduction of the Coca-Cola. Real campaign, the logos white wave was enhanced with a shock of yellow and some floating bubbles. 2007 A classic design A simple, yet bold, design with a single white ribbon. 2011 125 years of happiness 125th birthday logo sees bursting from famous contour celebration of past, present Coca-Cola's bubbles bottle a and future.
Conclusion
From the early beginnings when just nine drinks a day were served, Coca-Cola has grown to be the world's most ubiquitous brand, with more than 1.7 billion beverage servings sold each day. Now well into its second century, the company's goal is still to provide magic every time someone drinks one of its more than 500 brands - and to do so in a sustainable way that benefits consumers and the communities we operate in.
Bottle Evolution
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