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Brand Management Assignment

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Added on: 2022-12-29 11:23:59
Order Code: CLT302947
Question Task Id: 0
  1. Brand Identity is the outward expression of the brand, what the  organization wants the brand to be. 

Chosen Brand – coca cola 

Brand Identity – To craft the brands and choice of drinks that people love, to refresh  them in body & spirit. 

 

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  1. Identification of brand associations (interview 5-10 customers and note  the associations) 

CUSTOMER I 

Coca-Cola always shares the happiness 

At Coca-Cola their definition is just a little bit simpler. Happiness to us is anything that can  bring a smile to someone’s face. We’re in the business of spreading smiles and opening  happiness every day across the world. We know we might not change the world over night,  but if we can add just a few smiles to the world then we’ve done our job”.

CUSTOMER II 

Coca-Cola is Consistent 

“It is a mission at Coca-Cola to refresh and completely satisfy the world. They will give and  provide supreme quality for an affordable price. They will be consistent in and true in what we do  well. It is their mission to fill hearts with joy and happiness to make a difference across the globe.  They will work to our potential and always seek out the best in everything we do.”You can see that  Coca-Cola is consistently maintains the quality of its products over the years. 

CUSTOMER III 

Coca-Cola is had contour bottle 

Coca-Cola bottle is specifically designed to save her coke with design will not be outdated.  Distinctiveness contour bottle has an easy grip handle and recognizable. It aims to make it easier for  consumers to drink straight from the bottle and felt the cold temperature. When opened, the sensation  of sound pop bottle cap and caramel aroma sensation of Coca-Cola, until freshness while drinking 

CUSTOMER IV 

Coca-Cola is having a lot of kind beverages 

Coca-Cola wanted to be in all countries, so Coca-Cola Company creates a wide range of  products that are tailored to the preferences of the country. 

CUSTOMER V 

Different Innovative Flavors

Based on the above associations, write the brand image in one sentence For their freshness fix, which starts flowing their refreshens, people from all  over the world are lining up and for the Coca cola experience. 

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  1. Identify of the brand relationship 

3.1Familiarity: 

Coca Cola is one of the most familiar products in the world. And is one of the largest selling  soft drinks from the past. Coca Cola was introduced as a soda fountain beverage in the  beginning.  

3.2Quality: 

Maintaining product quality is a priority for beverage companies. In case of Coca Cola, there had  been a breach of the safety norms that may have led to the disastrous outcome. However, beverage  companies must ensure that carbonated bottled drinks are prepared such that they are safe for  human consumption. To maintain this quality, they must follow certain procedures and meet  certain standards that are carried out at various factories

3.3 Consideration: 

By virtue of its taste, quality, creative approaches, and flavor’s, Coca cola has  developed a strong brand identity throughout the years. They have a system  in place that is based on consistency. Concerning international expansion,  pricing could be challenging. The corporation needs to concentrate on the  nation they are entering and think about cutting prices to fit their economy. It  has introduced a wide variety of items in different flavors and sizes to suit  various customer needs according to the geographical locations. With other  rival brands, customers couldn't find this to the same degree.

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3.4Preference: 

Its target market consists of urban, affluent, and frequently on-the-go white collar professionals who want to bring their coke fix to work. Both male and  female consumers are present, and most of them are between the ages of 25  and 45.  

3.5 Affirmation (WTR, WTP): 

While you enjoy the signature coke taste and quality of coca cola, the words of  affirmation will set the tone for a positive day ahead.

  1. Based on the gap between identity and image, relationship, suggest corrective in terms of marketing mix strategy (just indicative and  cannot begeneralized) 

IDENTITY GAP

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  1.  Actual identity 
  • Brand look and feel is synonymous across chains, except for a few  urban locations, making it feel uninspired and commercial.
  • It must be accepted that baristas are people, not simply tools.  
  • Each partner has a personality 

       2 Conceived Identity 

  • Menu synonymous across all the stores across the globe

.      3 Desired Identity

  • I live to inspire and nurture the human spirit-one person, one coke,  and one neighborhood at a time. 
  • We have always believed the way to build a great enduring  company is to strike a balance between profitability and a social conscience. 

       4 Ideal Identity 

  • Reclaim the high-end international feel of coke. 
  • Keep menu options manageable. 
  • Consider localized product offerings and events.
  • Uploaded By : Katthy Wills
  • Posted on : December 29th, 2022
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