In Product Life Cycle There Is Distinct Product: Advertising
In Product Life Cycle There Is Distinct Product: Advertising
In Product Life Cycle There Is Distinct Product: Advertising
Advertising campaigns of Coca-Cola has been one of its most effective and
revenue generating strategies. They have in fact single handedly dominated
and overpowered all its contemporary strategies. As compared to other
beverage firms Coca-Cola has worked extensively on creating uniqueness in
their advertisement and TV commercials. As compared to Pepsi Cola cc
strives to create adds that contain no famous personalities. Their strategy is to
create non-personality adds so as to show that their product is for the
common man. Pepsi Cola on the other hand have created advertisement that
totally revolves around the show biz media that is all their adds contain
famous personalities like Michael Jackson, Imran Khan, Wasim Akram etc. cc
has recently introduced their new add titled “Eat Cricket, Sleep Cricket, Drink
cc” on the occasion of Golden Jubilee of Pakistan. As usual it contains no
famous personality but in fact clips and skits from the world of cricket.
https://www.ravimagazine.com/coca-cola-bpl-marketing-strategies-business-report/
In Pakistan, Coca Cola is operating under the name of Coca Cola Pakistan Beverages Limited and
its products are available in every cities, villages, and districts of Pakistan
CCI Pakistan serves a consumer base of 208 million with 6 plants and more than 3000 employees across
Pakistan. Its product portfolio comprises Coca-Cola, Sprite, Fanta, Coca-Cola zero, Sprite Zero, Sprite Lemon
Mint, Dasani, Rani Pulpy, Cappy Joosi, Monster and Mutant.
Product
Coke is a carbonated soft drink manufactured by the Coca-Cola Company. In Pakistan, it can be found in
different sizes and variants. Some of them can be seen in the pictures below.
INGREDIENTS
WATER, SUGAR, CARBON
DIOXIDE, CARAMEL COLOR,
ACIDULANT (PHOSPHORIC
ACID), NATURAL FLAVOURS,
CAFFEINE.
* Reference intake of an average adult (8400kJ/2000Kcal)
Price
Initially, when Coca-Cola started selling in Pakistan, they used the cost based pricing system. Price was
deicded depending on the cost spent making the product, the profit company wanted to make and the
other expenses that were incurred. However, soon, more companies emerged and Coca-Cola faced
competition in the market especially by Pepsi. Thus, now, Coca-Colas pricing strategy is based on
competition.
Pepsi and Coke are almost perfect substitutes for each other in a country like Pakistan where people
dare unable to differentiate between the tastes of the two. Coke and Pepsi, collectively are often
referred to as ‘Black’ when it comes to soft drinks. This means customers would react immediately to
any price changes of either of the two.