Executive Summary of Coca Cola (Diet Coke)
This
marketing report discusses the present marketing situation of Diet Coke in the
market; it is the product from the Coca-Cola Company and has a no-calorie
beverage and targeting the young millennials or adults. The companies are
creating or focus on the product to balance the caloric need for the consumers.
Thus, Diet Coke is the top-selling product in America because it is known as
the low-calorie soft drink. However, the report discusses customer behavior,
segmentation
that the main target of the company is millennials and therefore, Diet Coke
introducing flavors every year and there are ads to attract new customers. Positioning
and branding analysis is also done that it is for the healthy diet
consciousness and it is the product that is compatible with consumers'
lifestyles.
Moreover,
analysis of the marketing toolbox, marketing strategy evaluation, emerging trends
is also done that how the attention of millennial's youth can be grasped in the
future because they are more possessive about their health. It is suggested to
the company that there is the need to enhance the coloring scheme and the
company should find a healthy alternative of sugar. It is analyzed or concluded
that Diet Coke is managing the successful differentiation strategy in terms of
packaging of Diet Coke and also the development and innovation