This 7 page paper looks at the way in which sales of Coca-Cola and Pepsi have suffered, examining this from a marketing perspective. The paper uses the product lifecycle to explain the problems and patterns seen in the marketplace and considers the way in which Pespi and Coca-Cola have and could respond to retain sales. The bibliography cites 3 sources.
Name of Research Paper File: TS14_TEcolawar.rtf
Unformatted Sample Text from the Research Paper:
cola, has remained the same for many years and the dominance has been gained with the use of aggressive and innovative marketing. Campaigns such as Coca-Colas its the real thing
and more recently advertisements such as holidays are coming with the use of the polar bears and the read Coca-cola and Pepsis the Pepsi generation have been marketing campaigns that
reached iconic status which were able to create strong international brand images and positive associations with the brand. Coca-Cola had some advantages, the iconic design of the bottle gave
the product a more unique and instantly recognisable image, Pepsi has competed fiercely, but for the standard cola drink has remained in second place. However it was Pepsi that undertook
the first brand extension and may be argued as taking the first mover advantage in the diet cola segment. The marketing has given the companies the dominant position, back
up by the product itself, this is emphasised by the drop in sales when, in 1985, Coca-Cola developed a new formula for coke, which was not appeared by the consumers.
The company quickly reversed the decisions going back to classic coke. The companies also managed to gain many retail outlets, often using incentives such as the provision fridge units and
in store promotional materials. Distribution of the bottled, caned and the concentrates for sale across all types of outlet increased the availability and exposure to the consumers. Looking at
all these factors it appears that 3 of the 4 Ps are all in place, there is the product, the placement and the promotion, the market is also highly competitive
so it is also fair to assume that the price is competitive and pitched at the right level. However despite these factors there is still a struggle. The main problem