Economics
Pick a marketing environment and a popular brand of your choice. Then discuss the potential impact on the brand of trends that are observable in that external environment. How will they impact the demand for the product? How will they define who the competitors are? What recommendations would you make to the brand to prepare for the changes your see coming from the environmental trends you observed?
I choose Coca-Cola as the brand of choice. I choose the macroenivronment as marketing environment. The macro environment constitutes influences from the much larger global society. These include culture, political issues, technology, the natural environment, economic issues and demographic factors amongst others. The Coca-Cola beverage, produced by the Coca-Cola Company of Atlanta, Georgia is sold in more than 200 countries. The Company produces the Coca-Cola (otherwise called Coke) beverage which is then distributed to licensed international Coca-Cola bottlers. It is perhaps one of the most well-known beverages in the world and is synonymous to the American name. Its category is a carbonated soft drink drunk for pleasure. Its target age group is 18-25 that covers around 40% of its total age segments (Marketing week. Coca Cola).
Coca-Cola is already being impacted by the demands of the macroenvironment as evidenced by a news report that appeared just yesterday. Coke's latest innovation is a pocketbook drink called Dasani Drops. These are drops carried in one's handbag that people...
There is also the potential to expand the product line beyond the initial Tablet PC to support more advanced and customized configurations through the build-to-order strategy. There is also a very significant upside potential with accessories as well, which could become very high margin in the future. Finally there are significant threats from Apple and others who also are seeking to create a dominant market position for themselves in
Ocean Village is UK-based and is uses the differentiated experience of offering families the opportunity to define their own cruise itinerary (Kwortnik, 2006). There is freedom as to when passengers will eat, what they choose to participate in, and the concept focuses on breaking out of the mold of highly predictable and regimented cruise programs. The two remaining brands, P&O Cruises Australia and the Yachts of Seabourn, each have
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Marketing for Humanitarian Organizations Marketing and Humanitarian Marketing is often described as the activities which a company or organization undertakes in selling and buying products and services. It involves promoting their products and services through advertising, sales, and delivery to clientele. Marketing is often embedded in the marketing mix which states the four 'Ps' of marketing which are product, place, promotion, and price. Marketing involves concept such as customer relationship management, business
It is important to reconcile the seemingly opposing extremes. It is a best practice to satisfy customer needs by learning from the diversity of adopting, adapting, and combining the best of what already works (Trompenaars and Woolliams, 2004). In regards to the soft drink market in Italy, the best approach would be to utilize adaptation. It appears that standardization would not work as sales in this sector for the same
Figure 6 resoundingly illustrates how critical reassurance of cleanliness and quality are to anyone who purchases toothpaste. Integrated Marketing Communications Objectives First, to conclusively align the snore reduction aspects of the tooth paste with accentuated health through immunity from bacteria and a feeling of cleanliness from using the toothpaste periodically. Second, to define a unique and defensible marketing position for the snore reduction tooth paste including a unique value proposition that will
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