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
proportionatesavingincosts 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