Influence of Strategic Branding in Soft Drink Market in Indian and Malaysian Context: Study on Coca Cola to remain Top of the Mind Brand (TOMB)

Aditya Deshpande, Daisy Mui Hung Kee, Divyaa Shankar, Soni Segi, Esther Anthony Charles, Kumarendran Parameswaran, Malarveeli Vellmurugan

Abstract


The aim of this research was to understand the influence of strategic branding in Soft Drink industry located in specific to India and Malaysia. This was demonstrated by example of various marketing strategies used by Coca-Cola, a very well-known brand all over the world. It operates in more than 200 countries and is listed as one of the most trusted brands for many years. With the presence in the both countries for more than 30 years, the company uses different Segmenting, Targeting, Positioning and Differentiation (STPD) strategy to cater varying needs to the consumers. Through analysis of consumer-buying in Indian and East Asian context is base pillar for success of Coca-Cola in the countries. The objectives of the project include analysing consumer needs of India and Malaysia regarding beverages-changing trends and the strategies and campaigns undertaken by Coca-Cola to cater vast diversified consumer base over the years. Both primary and secondary data collection were analysed with adequate sampling size of 180 respondents from both countries aided by questionnaire. Based on the analysis, the conclusions were drawn regarding company and recommendations are given for further improvement for company's performance.

Full Text:

PDF

References


Nikam M., Patil V. (2018). Marketing Strategy of Coca Cola. IOSR-JBM, ISSN: 2278-487X, Page 77-85

Wharton University (November 2017). Report on Will Coca-Cola’s New India Strategy Have Fizz or Go Flat? Retrieved from https://knowledge.wharton.upenn.edu/article/will-coca-colas-new-india-strategyfizz-go-flat/

Lal B., & Pankaj (August 2017). Customer Satisfaction towards Pepsi and CocaCola: An Exploratory Study of Jind City (Haryana). IJRMEC, ISSN 2250-057X, Volume 07 Issue 08, Page 33-39

Galande S. (August 2017). The Analytical Study of Decline in Sales of Coca-Cola Based on Customer’s Inclination towards the Product. IJETSR, ISSN 2394 – 3386, Volume 4, Issue 8, Page 1001-1009

Singh B. (February 2012). Impact of Advertisement on the Brand Preference of Aerated Drinks. APJMMR, ISSN 2319-2836, Volume 2, Page 147-160

Dr. Mishra L. (December 2017). Impact of advertising and sales promotion of CocaCola in India. IJHSSR, ISSN: 2455-2070, Volume 3; Issue 12, Page 28-35

Singaram R., et al. (January 2019). Coca Cola: A study on the marketing strategies for

millenniums focusing on India. IJARD, ISSN: 2455-4030, Volume 4; Issue 1, Page 62-68

Banutu-Gomez M. (November 2012). Coca-Cola: International Business Strategy for Globalization. ITARC. Vol.3 Number 1, Page 155-169

Kanesan S., Ismail N. (April 2018). Identifying Market Segments and Targets for Marketing Strategy Plan of Coca-Cola Company in Malaysia. IJBMI, ISSN (Online): 2319 – 8028, Volume 7 Issue 4 Ver. II, Page 77-80

Goyal A., Nair A. (March 2019). Enhancing Consumer Preference towards healthy drinks. Great Lakes Herald, Vol 13, Issue No.1, Page 41-60

Sarich R., Zaman R. (2015). Discussion and analysis of the marketing strategy of Coke Zero in the US market. MERCI, Volume 1, page 45-63

Subhadra K. (2004). Coca-Cola India’s Thirst for the Rural Market. ICMR, Retrieved from, http://sdmimd.ac.in/pdfs/samplecase1.pdf (accessed on 01 November 2019)

Ngadiman N., Moeinaddini M. (September 2016). Reverse Logistics in Food Industries: A

Case Study in Malaysia. IJSCM, ISSN: 2050-7399, Vol. 5, No. 3, Page 91-95




DOI: https://doi.org/10.32535/apjme.v3i1.746

Refbacks

  • There are currently no refbacks.




Copyright (c) 2021 Aditya Deshpande, Daisy Mui Hung Kee, Divyaa Shankar, Soni Segi, Esther Anthony Charles, Kumarendran Parameswaran, Malarveeli Vellmurugan

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Asia Pacific Journal of Management and Education (APJME)

ISSN 2655-2035 (Online)

DOI Prefix: 10.32535 by CrossRef

Published by AIBPM Publisher

JL. Kahuripan No. 9, Hotel Sahid Montana, Malang, Indonesia

Email: editor.apjme@aibpm.org

Phone: +62 341 366222

Website: https://aibpmpublisher.com/

Governed by

Association of International Business and Professional Management

Email: admin@aibpm.org

Website: https://www.aibpm.org/

Visitor Statistics

Flag Counter

Web Analytics

View APJME Stats

Follow Us: