coca cola

    Cards (7)

    • product
      successful product will only need a 'tweak' in each nation.
      • for coca cola this means adapting the sweetness in certain markets
    • price
      price is largely kept the same across the nation.
      • using complex algorithm of costs/imports/production
    • placement
      potentially the greatest success in coca cola industry
      • the coca-colonisation of africa and latin america. using informal vendors to sell their products.
    • promotion
      reducing costs, running a global marketing campaign, with minor tweaks in between nations
      • e.g. #tastethefeeling and #shareacoke
    • economies of scale
      proportionate saving in costs gained by an increased level of production
    • coca-colonisation
      have ensured that global marketing is essential to their success; they can reach cultures far and wide keeping costs low, and their product dominant; can be used to refer to the globalisation of American cultures
    • glocalisation
      the practice of conducting business according to both local and global considerations
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