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Thursday, April 4, 2013

International Business; The Coca-Cola Company

The Coca-Cola ships confederation has long been one of Americas most successful organizations with personal line of credit partnership in over 200 countries. However, Coca-Cola has had its problems with market. Looking back, it seems that the Coca-Cola Company might have gotten to be too big for their britches when it came to merchandising in India.

I can imagine the things that were being said in the Coca-Cola board room: things such as, Dont they know who we are? and Were Coca-Cola - the largest bottled crapulence company in America! What they were not realizing is that they were the smallest beverage company in India, the market that they were so desperately trying to strike dominance in. This is in part to the fact that they were blind to the topical anesthetic culture.

After reading the article from Business Week, Finally, Coke Gets It Right, it was light up to me that the Coca-Cola Company only had two of the four Ps in the marketing mix. Coca-Cola had the Product; they had Coca-Cola and the local cola that they had acquired Thumbs Up. The Coca-Cola Company also had the Place, which plain was India. They did have the other two Ps; they just were not the the right way ones. The Promotional push was pretty much one of hither is our nationally recognized product, now drink it.

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This was ineffective in that most of the demographics of India had never heard of Coca-Cola Company. The Pricing was proposed and put in place with the same margins as other countries. However, the majority of India is marrow and lower classes with the majority of them being in the latter.

A gentleman by the name of Sanjeev Gupta stepped forward and saved the day. He realized, with his background in marketing, that Promotion was the key to getting the Coca-Cola...

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