StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Pepsi Ultimate Taste Challenge 2012: Social Enough - Assignment Example

Cite this document
Summary
This assignment will examine the success of the Pepsi company marketing strategy in Canada. The writer of the present paper suggests that the company has done fairly well in its proposal and this campaign is going to achieve its targets to a great extent…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91% of users find it useful
The Pepsi Ultimate Taste Challenge 2012: Social Enough
Read Text Preview

Extract of sample "The Pepsi Ultimate Taste Challenge 2012: Social Enough"

The Pepsi Ultimate Taste Challenge 2012: Social Enough? Using the 3Cs, Pepsi Beverages Canada (PBC) is the company that is designing a way of marketing its products to the millennials, its target customers in Canada. Coca Cola is Pepsi Beverages Canada’s strongest competitor in Canada’s beverage market. In terms of STP, the company has segmented its market and it is using this campaign to target the segment of millennials in different streets of Canada using street teams. In relation to the 4Ps of the company, PBC’s products include Pepsi, Diet Pepsi, Pepsi Max, Tropicana, Gatorade, 7up, Mountain Dew, Lipton Brisk, Aquafina, Amp, SoBe, and Starbucks bottled beverages.

The Ultimate Taste Challenge (UTC) integrated with social media is PBC’s mode of promotion. The promotion targets the urban and lower-share markets in Toronto and Vancouver but the price is not identified (Khurshid et al 1). Using this campaign, Pepsi Beverages Canada is seeking to popularize it products among the millenials throughout summer. The Ultimate Taste Challenge is aimed at portraying Pepsi as the preferred brand over its rival brands. Even so, Hadley is contemplating assessing whether the social medial element of this promotion can become Pepsi’s permanent way of connecting with its consumers even after the summer.

According to Pepsi Beverages Canada, millenials are individuals between age 16 and 25. Social media is the best way for companies to reach this segment of customers because it is at the centre of their daily interaction. As such, marketers have to capture the features of a product in a clear but informal way. Social media users cherish marketing that appeal to their habits, interests, and connections. These users need a product that is marketed in a trendy way and not in the traditional way that is flat and cannot raise conversation (Khurshid et al 2).

Such marketing needs to use video and picture content especially about the use of the said products. A successful social media promotion should allow users to create online profiles that are customizable. It allows interaction through which the targeted users can share their experiences and thoughts with ease. Social media marketing assessment can be done by observing the changes in the self-professed preferences of their targeted social media users. Product reviews and recommendations by consumers are also possible ways of assessing the impact of social media marketing.

Social media marketers can use the real-time feedback of the social media target users to assess the impact of their marketing. Cross-media comparisons are an important assessment tool for the impact of social media on consumers’ preference for a product (Khurshid et al 3). BBDO has done fairly well in its proposal and this campaign is going to achieve its targets to a great extent. Some of the things it could have strongly recommended in this proposal is, firstly, for PBC’s facebook page to be designed in such a way that allows users to customize their profiles.

This would help users to share and converse about the details of their experience with PBC’s products with ease. The page should also allow millenials to upload videos of their experience with PBC’s street teams because millenials like visual communication. Hadley should first wait for the marketing team to table their findings on social media marketing before approving the proposal. His idea of establishing a permanent social media platform for Pepsi brand is workable (Khurshid et al 4).

Works CitedKhurshid, Jawwad, Campbell, Jill, Huller, Miguel, Strachan, Paul & Baldwin, Zoe. The Pepsi Ultimate Taste Challenge 2012: Social Enough? Richard Ivey School of Busines; The University of Western Ontario. 2012. Print.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Pepsi Ultimate Taste Challenge 2012: Social Enough Assignment - 1”, n.d.)
The Pepsi Ultimate Taste Challenge 2012: Social Enough Assignment - 1. Retrieved from https://studentshare.org/marketing/1634684-see-word
(The Pepsi Ultimate Taste Challenge 2012: Social Enough Assignment - 1)
The Pepsi Ultimate Taste Challenge 2012: Social Enough Assignment - 1. https://studentshare.org/marketing/1634684-see-word.
“The Pepsi Ultimate Taste Challenge 2012: Social Enough Assignment - 1”, n.d. https://studentshare.org/marketing/1634684-see-word.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Pepsi Ultimate Taste Challenge 2012: Social Enough

Locally Produced Goods Versus Imported Goods

This essay "Locally Produced Goods Versus Imported Goods" explores the reasons why locally produced goods are better than imported goods.... For example, the imported goods do not offer cheap rates over a long time.... nbsp;Studies show that locally produced goods are better.... nbsp;… The study states that while purchasing goods, one should be mindful of the fact that locally produced goods are better than imported goods due to reasons which are plenty....
10 Pages (2500 words) Essay

Pepsi Marketing Strategies in the United Arab Emirates

In 1950, there were slight changes in the pepsi cola formula and calories and sweetness were also slightly altered in Pepsi cola.... Everyone liked the taste of the syrup.... pepsi typifies hygiene,… pepsi has been producing cola over hundred years and has dominated the world soft drink market over the years, coca cola being the leading competitor (Stoddard, 1997). pepsi first introduced in 1898 by Bradham Caleb who first made and tried He introduced it as Brad's Drink and later renamed it pepsi after enzyme Pepsin and the kola nuts ingredients (Stoddard, 1997)....
7 Pages (1750 words) Essay

Pepsi or Coke From

The creditors are assured of timely payment due to enough current assets to meet the firm's current obligation.... With… Using data for the year 2012, the current ratio for coca-cola company is 1.... 7 (Coca-cola enterprises 2012).... Consumer preference for either coca-cola or Pepsi has been majorly based on their taste and preference combined with other factors leading to preference of one product over another.... Current ratio is the ratio of The current ratio for pepsi is 1....
4 Pages (1000 words) Research Paper

Problem solving in a workplace

In this paper “Problem solving in a workplace” the author provides a significant opportunity regarding the reviewing of thinking, the best decision-making strategies, as well as the use of decision making inventory in the Corps of the British Army.... … The aim of this paper is to bring out the way the Strategic Defense and Security Review is impacting on the REME operations....
62 Pages (15500 words) Essay

Decision Making: Case of Pepsi Company

Another big challenge to Pepsi Company would be its competitors, and in this case, the Coca-Cola company which has deeply established its roots in the whole of the Africa regions and has retained a great customer loyalty.... The electrical energy is needed to preserve and cool the soft drinks would be lacking in such locations, giving the products a bad taste thereby lowering the demand.... This paper “Decision Making: Case of Pepsi Company” shall explore such considerations made by Pepsi and evaluate the ultimate decision made by the CEO....
5 Pages (1250 words) Case Study

Marketing Plan for Atlantic Quench Cranberries Inc

This publication addressed the problems of sugar consumption between 2008 and 2012, including fruit juice, and other food and drink items.... In 2014, Public Health England published a guidance on sugar consumption and policy “Sugar Reduction: Responding to the challenge”....
12 Pages (3000 words) Essay

PepsiCo Inc. Case Study

This paper discusses pepsi that is one of the leading beverage brands globally with operations in nearly 200 hundred countries.... pepsi specializes in food and beverage with equitable brand portfolios such as Frito-Lay, pepsi-Cola, Tropicana, and Quaker.... … The paper shows that pepsi collaborates with its authorized bottlers, contracted manufacturers, and other third parties to distribute its products(Pepsico.... pepsi is popular as many people identify with it....
5 Pages (1250 words) Essay

The Globalization of Markets

Global commonality due to technology is attributed to the success of global companies such as Mc Donald, Coca-Cola, pepsi Cola et cetera.... This work called "The Globalization of Markets" focuses on the SWOT analysis of the international corporation.... The author takes into account the implementation of the appropriate marketing mix, the development of a marketing strategy, the determination of the need analysis of consumers....
9 Pages (2250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us