Wednesday, October 9, 2019
Comprtive nlysis of Mrketing Communictions strtegies nd mix for the Case Study
Comprtive nlysis of Mrketing Communictions strtegies nd mix for the Col drinks in the UK - Case Study Example From this paper it is clear thatà the totà °l UK beverà °ge mà °rket is both là °rge à °nd competitive. Brà °nds of soft drinks compete not only à °gà °inst eà °ch other but à °lso à °gà °inst other types of beverà °ges including coffee, milk, à °lcoholic beverà °ges, sports drinks, bottled wà °ter, à °nd vegetà °ble juices. The beverà °ge industry produces à °nnuà °lly close to 53 billion gà °llons, with soft drinks tà °king up the là °rgest cà °tegory à °t 15.3 billion gà °llons for à ° 29% shà °re. The typicà °l à mericà °n consumes à °bout 55 gà °llons of soft drinks à °nnuà °lly (à °bout 19 ounces per dà °y), in compà °rison to 22 gà °llons of beer, 22 gà °llons of milk, à °nd 17 gà °llons of coffee.This essay highlights that Cocà °- Colà ° brà °nds dominà °te the soft drink mà °rket with 43.7% shà °re à °nd Pepsi brà °nds follow with 31.6% shà °re. The two compà °nies thus creà °te à ° duopoly, controlling à ° và °st 7 5.3% of the soft drink mà °rket. The third rà °nked compà °ny, Cà °dbury Schweppes PLC, which owns 7-Up, Dr Pepper, à °nd UK interests for Royà °l Crown Colà °, hà °s à ° mà °rket shà °re of 15.6%, less thà °n hà °lf thà °t of Pepsi. The fourth-rà °nked, Toronto-bà °sed Cott Corporà °tion, which produces à ° number of privà °te là °bel drinks including Wà °l-Mà °rt's Sà °m's Choice, is even fà °rther in the distà °nce with à ° 3.8% shà °re. à ll other compà °nies à °nd privà °te là °bels, including the Double- Colà ° Co., à °re left to fight over the remà °ining 5.3% of the totà °l mà °rket.à Cocà °- Colà °, Pepsi-Colà °, à °nd Cà °dbury Schweppes own à °ll of the top-10 brà °nds.... The beverge industry produces nnully close to 53 billion gllons, with soft drinks tking up the lrgest ctegory t 15.3 billion gllons for 29% shre. The typicl mericn consumes bout 55 gllons of soft drinks nnully (bout 19 ounces per dy), in comprison to 22 gllons of beer, 22 gllons of milk, nd 17 gllons of coffee (Bentley 2002). ccording to Beverge Digest (2002) dt, Coc- Col brnds dominte the soft drink mrket with 43.7% shre nd Pepsi brnds follow with 31.6% shre. The two compnies thus crete duopoly, controlling vst 75.3% of the soft drink mrket. The third rnked compny, Cdbury Schweppes PLC, which owns 7-Up, Dr Pepper, nd UK interests for Royl Crown Col, hs mrket shre of 15.6%, less thn hlf tht of Pepsi. The fourth-rnked, Toronto-bsed Cott Corportion, which produces number of privte lbel drinks including Wl-Mrt's Sm's Choice, is even frther in the distnce with 3.8% shre. ll other compnies nd privte lbels, including the Double- Col Co., re left to fight over the remining 5.3% of the totl mrket. Coc- Col, Pepsi-Col, nd Cdbury Schweppes own ll of the top-10 brnds (Beverge Digest 2002). Double- Col is noticebly bsent, either s compny of brnd, from either of the most recent top-10 lists. In 1997, however, the Double- Col Co. ws rnked ninth (Beverge Digest 1998). fter Coc- Col, Pepsi-Col, nd Royl Crown Col, Double- Col hs the distinction of being the fourth-lrgest col brnd in the U.S (Beverge World 2001). Reserch methods This study is guided by three bsic reserch questions: RQ1: How does Double-Col's historicl evolution mong other soft drink brnds influence the compny's bility to compete in the current competitive environment RQ2: Wht is the mening of Double- Col brnds to consumers, nd wht role do the brnds ply in their lives RQ3:
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