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This study will cover the market cauterization of Coca-Cola brand and identify its product values by providing best possible customer satisfies services over the years. The Coca-Cola brand is major market cauterized brand since this brand has invented one of the best quality products as Coca Cola. Coca Cola is the product invented in 1886 and has achieved the milestones by its selling ratio and most of the customer are satisfied with this product and that was the reason to improve Coca-Cola brand in the market place and now Coca-Cola brand is a global brand for its quality product and best customer services. This study covers all the aspect about the customer satisfactory measure and all the factors that can contribute to the quality of the product, also when it comes to calculating the profit it is very important to consider the distribution chain in it as well, these all aspects are covered in this study.
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Coca cola is being the best in the soft beverages' products; the best quality is served by Coca Cola. Being the best in customer satisfaction as surveyed in a study. Coca cola is well organized and well matured in terms of product processing and process management, the price of the product kept so well that the customer feels it worth and this made possible because of the well matured distribution process and well-structured manufacturing units. Coca Cola being best in following the industrial guidelines and being best in following the standard process, the planning and implementation is of great standards, the resource management and resource utilization is also a key factor that this organization looks into. All these might parameters and high-quality management provide strength to Coca Cola.
A most significant part of Coco-Cola's success in market is based on its emphasis on brand over products. Coca-Cola's products play a major role for making it a successful brand all over the world. The main focus of this brand to satisfy customer needs and the best concept of this brand in some products such as "Coke"- is like a product where does not sell a drink in bottle, it sells happiness in bottle.
Coca-Cola's announces the most powerful strategy to cover the market as "One Brand" global marketing approach. The main aim of this brand is to sell consumers the experience and lifestyle associated with its brand(Singaram, 2019).
Sno |
Key Customer by Frequency use |
Details |
Key customer by demographics |
Details |
1. |
Fast Food Brands |
For an example being the biggest fast food provider McDonalds is one of the biggest clients of Coca Cola and it serves around 10 % of the profits for Coca Cola, most of the product of Coca Cola is used in it and as the brand McDonalds present in every segment of the world, Coca Cola is growing with it(Naama, 2019). |
Travels in Asian Country |
Here the most important sector here is travelers who travels along the country and use this as freshening drinks. |
2. |
Movie Theaters |
The second key customer segment for Coca cola is movie theater where people enjoy light meals with movies and here Coco cola serves the best(Anik, 2020). |
Teenagers in European Countries |
Here the next key customers are the teenagers in the European countries where the wealth is not at all the problem and teenagers preferred this as the mocktail for the local purpose. |
3. |
Sports refreshing drinks |
The next sector here is the sports arena where the sport person uses this as the refreshing drinks; Coca Cola is providing the services and products there(Mayureshnikam, 2018 ). |
Middle age generation as food beverage |
The next customers are the middle age people who like to have this beverage as part of their meal. Coca cola is creating a demand there as well. |
In order to build strong customer relationship by providing best customer services that is provided by Coca-Cola brand. Customer behaviors can be influenced in psychological and sociological way and Brand is responsible to provide such facilities to customer where customer can build trust to business towards. The Coca-Cola is one of the biggest brands of the Soft drink and beverages organization in the world. By many successful and efficient brand products influenced many customers over the years and Coca-Cola has become most valuable brand in the world. This brand is cautiously manufacturing so many products as per the current customer demands and try to provide best possible customer services to build relationship between customer and brand in the market place. There are still so many choices customer wants from this brand such as this brand has provided most effective and quality product in terms of soft drink where customer satisfied and thus this brand has become most strong soft drink producer in worldwide business market place. This brand is continuously trying to deliver best possible quality products as per customer needs in terms of both psychological and sociological(Madichie, 2012).
Psychological Influence: - Every brand has its on identification and based on that customer identify that brand and purchase their related products. Coca-Cola brand has its identification in the market place. Base don that identification brand has achieved its objectives and goals to provide each brand products in the market with its own identification(Carnevale, 2017).
Sociological Influence:- While customer decide to go with most valuable brand that has its own market value with quality products that is build by brand Sociological Influence. Brand creates such kind of influence that can be useful to attract customer with best quality products also provide such best customer services that can fulfil customer satisfactions. This is the way to gain great customer behaviour(Arunee, 2009).
Identify what the brand says about customer service
Coca-Cola provides the customer services not only through feedback, email and telephone but also believes to put some more extra efforts to satisfy customers by monitoring and many types of analysis. The new business strategy of this brand to focus on choice, convenience and the consumer thus by this collaboration CRM, Coca-Cola has provided efficient customer service to gain more customer satisfaction that can lead to grow this brand globally and achieve its market objectives and goals. Coca-Cola brand has achieved its objectives by making building a portfolio based on "Consumer-centric brands". Some most important aspects where this brand always focuses on:-
Coca-Cola's organization culture is very different and more effect in terms of customer satisfaction. This brand inclusive workplace culture consists of more significant seven layers name as Leadership, passion, integrity, Collaboration, diversity, quality and accountability. Some most efficient working culture of this brand that can help to improve brand value in the market place.
The Coca-Cola is a licensed by this this brand is able to produce, sell and distribute a range of beverages. This brand owns trade marks for most of these, supplies and mostly responsible for consumer marketing. The most popular product of this brand is Coca Cola and this product invented in 1886. Corporate social responsibility Council (CSR) makes this brand more competitive brand around worldwide market.
Customer analysis: - The recent survey conducted by Coca-Cola brand and it is noticed that most sequence of consumer's purchasing preference is recorded which is Taste, brand name, packaging, Price, Easy availability and advertisement.
In terms of Business growth based on great customer experiences that reports higher customer referral rate and most of the time customer satisfactions. In order to improve great customer experience that means higher customer loyalty and retention need to compete with great experience. There are some aspects where Coca-Cola brand learned while transforming customer experiences.
The Coco-Cola brand has achieved the milestones and continuously focusing on its objectives and goals. Main focus of the brand is to satisfy the customer demands at right place and at right time. The quality production of brand can be a supportive aspect to improve business globally. The Coca-Cola brand is responsible to provide best possible customer services by implementing supply chain management and manage the quality of the product. There are so many products of Coca-Cola brand that has achieved great customer experiences and the main focus of this brand is to not sell product but make feel happy to customer by providing best quality product as per the customer needs. Coca Cola is one of the most valuable and customer on demand product that has captured almost 70% of the market in terms of providing good quality and taste product. This is the main reason of Coca-Cola to become the strong business competitor in the market place.
Abror, A., 2019. Effect of Organizational Culture, Leadership and Compensation on Employee Engagement in Coca-cola Amatil Indonesia Central Sumatra, s.l.: Universitas Negeri Padang.
Anik, K., 2020. MARKETING MANAGEMENT PRACTICE OF Coca-Cola, s.l.: East Delta University.
Arunee, N., 2009. THE STUDY OF CONSUMER'S ATTITUDES AND BEHAVIORS TOWARDS CARBONATE SOFT DRINKS, s.l.: The Graduate School of Bangkok University.
Carnevale, M., 2017. Meaningful stories and attitudes toward the brand: The moderating role of consumers' implicit mindsets. Journal of Consumer Behaviour 17(3).
Lal, B., 2017,. Customer Satisfaction towards Pepsi and Coca-Cola: An Exploratory Study of Jind. , International Journal of Research in Management, Economics and Commerce Volume 07 Issue 08, pp. 33-39.
Madichie, N. O., 2012. Consumer Attitude, s.l.: Abertay University.
Mayureshnikam, 2018 . Marketing Strategy Of Coca Cola. Journal of Business and Management, pp. 77-85.
Naama, A. T., 2019. Coca Cola Strategy Project, s.l.: Johnson & Johnson.
Singaram, R., 2019. Coca Cola: A study on the marketing strategies for millenniums focusing on India, Bangalore: Christ University, .
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