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

The Marketing Mix: Promotion - Essay Example

Cite this document
Summary
The purpose of this paper is to provide a critical analysis of the introduction of the marketing strategy as employed by Coca-Cola for the launch of Coca-Cola Blak in the U.S. Market. The format that this paper will utilize is to first identify a little information about the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.3% of users find it useful
The Marketing Mix: Promotion
Read Text Preview

Extract of sample "The Marketing Mix: Promotion"

The Marketing Mix: Coca-Cola Blak The purpose of this paper is to provide a critical analysis of the introduction of the marketing strategy as employed by Coca-Cola for the launch of Coca-Cola Blak in the U.S. Market. The format that this paper will utilize is to first identify a little information about the product in question, then analyze what strategy was employed by the soft drinks giant followed by a discussion of how the promotions strategy could have been improved.Coca-Cola Blak was a coffee flavored soft drink that took essences of coffee and infused that with traditional Coca-Cola.

It has been described as a mid calorie drink (Meaning fewer calories than traditional Coke but more than diet Coke) and was arguably positioned to appeal to adults and reaches out to new audiences and addresses new beverage occasions (Packaging Digest, 2006).The question of what marketing strategy was employed by Coca-Cola is difficult to pinpoint insofar as the launch of the product was staggered between the United States, Canada and continental Europe. In this regard one could postulate that there are some common threads between these different marketing strategies however some differences can be recognized.

In regards to the four P’s it is the case that the price affixed to Coke-Blak was significantly more than traditional coke insofar as according to Hunter (2006) in the United States a pack of four eight ounce bottles are sold in four packs at a cost of $7.99 however upon examining a typical grocery store one recognizes that Kroger in Ohio sells a twelve pack of most Coca-Cola Varieties at $3.49 for a twelve pack of twelve ounce cans. In this respect the pricing strategy may seem confusing to customers who typically view the Coca-Cola as an inexpensive sweet beverage, and not a luxury beverage which commands a more luxury price.

In regards to the product it was indicated by Hutson (2006) that most food panel tasters found the product displeasing and in the end “Displeasing.” Overall it is the case that upon tasting the beverage a great deal of people seemed confused and this in the end may have stirred a negative response from first time buyers. Building on this point it was the case that CNN’s Anderson Cooper tasted the beverage on ‘Live with Regis and Kelly’ and publicly spit the beverage out in August of 2006.

This indefinable flavor probably hurt the prospects of the product in the end.In regards to the placement of the product, it was the case that the launch was staggered, and ultimately the product was discontinued in the United States before the product was launched in Europe (However it should be noted that the product was launched/tested in France to mixed reviews). If consumers were to get word of this product discontinuation in North America it is likely that this would cause a negative perception of the product.

Lastly in regards to promotion, the product utilized a stylized packaging incorporating aluminum bottles and glass bottles with twist tops. Massive events were held to launch the product such as events staged in Dundas Square, Toronto where free samples were handed out to consumers. However with not much promotion directed towards educating consumers on what to expect one could postulate that consumers were not prepared for the bitterness associated with the coffee component, and generally garnered mixed to unfavorable reviews from consumers.

Different advertising and promotion strategies were utilized in different nation which could confuse consumers living in border regions in Europe.In terms of recommendations it is clear that the market was more or less unprepared for the new product. The pricing strategy was not on par with most soft-drinks, consumers were not prepared for a coffee infused beverage and ultimately tasters did not respond favorably. The logical conclusion would be to conduct more taste tests to establish and develop a flavor that is more in keeping with regional consumer preferences, secondly more promotion to the ‘energy’ side of the beverage should have been promoted rather than the ‘thirst quenching’ side of the product.

Lastly the company should have standardized their promotion strategies to send a unified message regarding the inherent benefits of drinking the beverage.ReferencesKroger Grocery (2010) Kroger Weekly Ads: Coca Cola. [online] Available at http://cincinnati.inserts2online.com/customer_Frame.jsp?divID=014&drpStoreID=00335 Accessed on March 20th 2010.Packaging Digest (2006) Coca-Cola Blak Debuts Worldwide in Aluminum.[online] Available at http://www.packagingdigest.com/article/345911-Coca_Cola_Blak_debuts_worldwide_in_aluminum.

php Accessed on March 20th 2010.Hutson, L. (2006) Coca-Cola Blak’s Multiple Flavors Confuse, Displease The Spokesman-Review. [online] Available at http://www.spokesman.com/stories/2006/jun/21/coca-cola-blaks-multiple-flavors-confuse-displease/?print-friendly Accessed on March 20th, 2010.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Marketing Mix: Promotion Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
The Marketing Mix: Promotion Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1564215-the-marketing-mix-promotion
(The Marketing Mix: Promotion Essay Example | Topics and Well Written Essays - 500 Words)
The Marketing Mix: Promotion Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1564215-the-marketing-mix-promotion.
“The Marketing Mix: Promotion Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1564215-the-marketing-mix-promotion.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Marketing Mix: Promotion

The Marketing Mix Promotion Strategies

By banking on their acquisition, they have a chance to provide their audience the right mix of promises to create the brand Nike already has.... Their efforts from the current marketing campaign were sure to create hype amongst the customers at hand; however, much is needed to be done in the product quality and product image department in order to match with Nike....
2 Pages (500 words) Case Study

Cosmetics Market Analysis

The Levi Strauss brand has carved a fine niche in the clothes sector and its entrance in the perfume line is expected to be received well… Cosmetics and fragrance consists of hair care and beauty products for skin care and color.... They come in exotically shaped bottles and containers and provide feelings of comfort and freshness on application. The move to market cosmetics and fragrance is a step in the right direction and Levi Strauss will not have any foreseeable problems in this venture being already a market leader in the apparels business which is also a part of the modeling scenario....
7 Pages (1750 words) Essay

The Global Competitiveness of Firms

As part of the marketing mix, the promotion has historically been most effective in differentiating one company from another in competitive marketplaces.... Place, as part of the marketing mix, refers to “the location at which the activity takes place, or the distribution channel by which the product is made available to consumers” (Haugtvedt, Herr and Kardes, 2008, p.... As a means to avoid costs, some companies are reverting back to more traditional elements of marketing by focusing on aspects of place in order to differentiate the business from competitors....
7 Pages (1750 words) Case Study

Channels and Intermediaries for Marketing Plan and Promotion Strategy

For several years, the use of marketing channels as a strategic marketing tool has taken a back seat to the three strategic elements of the marketing mix: promotion, product, and price.... Marketing channel strategy is a key strategic area of marketing management, which fits under the place or distribution variable in the marketing mix (Ken Kaser, 2007).... The management of the Youth Soccer Club must develop and run its marketing channels in a way that supports and augments the other planned variables of the marketing mix, to meet the demands of the club's target markets....
4 Pages (1000 words) Term Paper

Advertising and Promotions: Nandos Loyalty Card

The message from the subjects may depict aspects such as desires, needs and perceptions among others.... Being unintentional or intentional, communication has three major aspects that… These include the message, the sender and the recipient.... In the contemporary business environment, communication is a vital tool that local and international firms cannot overlook (Flew, 2008)....
14 Pages (3500 words) Assignment

Links Simulation: Service Science, Management, and Engineering

They include reckoning data, managerial finance, health care, and renovation and… Besides, they are involved in offering services to households, information technology, monetary management, and in businesses in well-developed markets in the region (Burkhard Stiller, 2010). Our principal aim is to come up with an achievable marketing routine that Thus, our firm intentions are to promote and generate effective marketing....
7 Pages (1750 words) Essay

The Relation to Business

hellip; the marketing mix is the mode in which the marketing policies should be put in to accomplish.... the marketing mix is a combination of various tools and techniques of marketing, containing Four Ps in marketing, such as Product, Price, Place, and Promotion Through the practicability of a thriving marketing mix, it is possible to reach towards several consumers within the target market.... It is necessary for an organization to give keen attention to the marketing mix concept and it's Four Ps for ensuring that the entity is marketing the right product to the right customers at the right price in the right place and at the right time....
11 Pages (2750 words) Research Paper

Product Launch Serves as a Significant Part of a Business Life

n the study of marketing, the STP model is an important concept as it seeks to illustrate the links that exist between a market and the company that chooses to compete in that particular market (Strydom, 2005).... The paper "Product Launch Serves as a Significant Part of a Business Life" states that the most principle aspects in market research are the collection of data that can be used to analyse the market....
6 Pages (1500 words) Research Proposal
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