Strategy for approaching audience is essential

Assignment Help Operation Management
Reference no: EM132308568

For a brand to succeed, it takes much more than just delivering a good product or service, having a strategy for approaching the audience is essential, and drawing the attention of the right audience involves a number of brand elements, such as the visual, emotional, rational, and cultural image that will be associated with it.

Brand positioning in the media also shows the importance of segmentation. The strategy helps the brand to define appropriate products for a specific group of customers, and adapts the marketing of the company when developing new products.

Similarly, a mix of mass marketing strategies as well as targeted marketing for certain products is used in order to boost sales in the competitive market. The drink is popular all over the world and enjoyed by people of all age groups, while Coca-Cola Diet, for example, is made for a niche of people who have a greater concern with healthy habits.

The company uses a competitive positioning strategy to be always ahead of its competitors in terms of operations, cost control, brand portfolio, marketing and customer relationship. The great secret of the company has always been to associate its brand with happiness, positivity and good moments between family and friends with its products, and this is how they were able to createa brand awareness among consumers.

Coca-Cola, with its branding strategy in Brazil, was able to relate the act of taking its soda in a happy moment. He also used his name tag to personalize. The company is widely consumed throughout the country, always focused on consumer yearnings and committed to permanent renewal, Coca-Cola started a diversification process in Brazil, launching non-carbonated beverages such as mineral water (Bonaqua), tea ice cream (Nestea), fruit juice (Kapo) and energy (Burn).

Reference no: EM132308568

Questions Cloud

Ensure sustainability is evident in the supply chain : Corporate stakeholders are under pressure from investors, shareholders, customers and nonprofits to ensure sustainability is evident in the supply chain.
Taking the region culture into consideration : Coca Cola uses the same theme across the world but customizes it to specific regions by taking the region's culture into consideration.
Explain how to evaluate market segments : Explain what marketers are and how they are generally classified. Explain how to evaluate market segments.
Financial statements for hypothetical business venture : Students will demonstrate their financial literacy by preparing Pro-forma financial statements (financial projections) for a hypothetical business venture.
Strategy for approaching audience is essential : For a brand to succeed, it takes much more than just delivering a good product or service, having a strategy for approaching the audience is essential,
Drive high performance in company with some examples : Explain the 7 habits that can drive high performance in the company with some examples?
Using one propane-fueled bus during its life cycle : The total cost of using one propane-fueled bus during its life cycle
Specific industries do to ensure sustainable supply chain : What must all companies do, and what must specific industries do to ensure a sustainable supply chain?
Non-traditional media and earned social media : Explain the following termas- non-traditional media, social media influencers and earned social media.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd