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Global Marketing and Communications - Essay Example

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Coca Cola is an established soft drinks brand started in United States. Soon the brand Coca Cola ventured beyond the shores of America and started thinking…
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Global Marketing and Communications
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Global Marketing and Communications

Download file to see previous pages... Well established local brands with their prudent research and development teams like Coca Cola has been able to successfully move to foreign lands (Ghemawat, 2003).
Companies looking for globalisation generally look for a market with a culture to that of their own. Globalisation deals with seeing the full potential of an outside market and being able to successfully tap that market. A company which is able to do that becomes a successful global brand.
Coca Cola as a product came into existence in 1886. An Atlanta Pharmacist named John Pemberton brought it into existence. His bookkeeper Frank Robinson named it Coca Cola. Since then the brand Coca Cola has gone through a sea of change and has become one of the global leader in soft drinks industry (Coca Cola, n.d.).
Coca Cola follows a style of growth and leadership along with constant up gradation in their activities thus making it possible for them to be sustainable. Coca Cola is enjoyed by more than 200 countries worldwide thus becoming a global brand after it had started as local brand.
It has achieved 48 straight years with an increase in dividends. At present, the company has 3300 beverages being sold worldwide. The present Coca Cola Chairman and CEO is Mr. Muhtar Kent and the company headquarters are located at Atlanta, Georgia (Coca Cola, n.d.).
Globalisation is the modern phenomenon that is conquering the attention of the world over in recent times. The term has basically gained popularity in the last two decades. Globalisation, from the point of view of international marketer, refers to the situation where geographical boundaries are neglected. It has made geographical boundaries seem immaterial.
Globalisation has made it possible for companies to earn economies of scale which have benefited them in making profit and becoming successful. It has also made ...Download file to see next pagesRead More
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