The very famous Coca cola foundation was started on
May 8th of 1886. Over a decade later it is still one of the most successful
and recognized franchise’s in the world. Coca Cola seems to be expanding every
day, with over hundreds of beverages associated with its unique name. One of
the biggest impacts of the success of this company is their marketing team.
Coca Cola spends numerous amounts of time, effort, and money into the
advertising of their product. Not only does this company go through great means
to have their product advertised in pretty much every major trafficking are,
but they also pay great attention to the labeling of their product and the
style of and development of the containers that their beverage is contained
in. A lot of Americans love the flavor
of the Coca Cola beverage, but the credit really goes to the advertising
department and administrators like Joe Traponey who is the chief of executive
of the Franchise’s marketing Department.
I
believe that many people that are willing to start a business and really want
to have their products be successful need to follow the same tactics as Coca
Cola. This company treats marketing like a science. According to the behind the
scenes story by CNBChttp://www.hulu.com/watch/108764/cnbc-originals-coca-cola-the-real-story-behind-the-real-thing, Coca Cola has a replica of a convenience in their
headquarters. At this convenience store marketing experts analyze the thought
processes of customers, and determine where the best place would be to place their
products and have people buy it. This is not all the company has done; they
have also outsourced their product to many different Countries around the world
and in doing this expanded the popularity of their product. They have also taken
interest in advertising their products at major sporting events such as Nascar,
the Olympics, and The Fifa world tournament. One can also notice seeing Coca
Cola commercials during U.S. Superbowls and being associated with iconic images
such Santa clause and the Polar bear. The Santa Clause image that is used by
the franchise actually suits them very well because the color scheme that Coca
Cola uses to represent their product is the same colors that is used to
represent Santa and the Holiday season. This franchise is simply amazing; it’s
no wonder why they are successful today. They take entrepreneurship really
seriously and take risks to help further their product.
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