Professional Documents
Culture Documents
Marketing Essential
Marketing Essential
BM 33
Acknowledgement
I'd want to thank you for giving me the strength to finish my work on timely and with enough
ability to provide good assignment. Following that, I'd like to thank Mr. Dilen Premasiri for
directing and supporting me throughout the study and providing the best available outcome.
Last, I'd like to thank my parents support.
Table of Contents
Acknowledgement..............................................................................................................................1
TABLE OF TABLE..............................................................................................................................3
FIGURES OF TABLE.........................................................................................................................3
LO 01....................................................................................................................................................4
TASK 01...............................................................................................................................................4
01) Introduction of Coca-Cola..................................................................................................4
02) COCA-COLA VISION AND MISSION..............................................................................4
03) Roles and Responsibility of marketing division of Coca Cola.....................................10
04) Structure of the organization...........................................................................................11
05) Impact of Organizational context of Coca –Cola...........................................................11
06) Pestle factors for Coca-Cola............................................................................................12
07) Inter-relationship with marketing and other divisions of Coca-Cola...........................13
LO 02..................................................................................................................................................15
1) MARKETING MIX OF APPLE.............................................................................................15
2) MARKETING MIX OF SAMSUNG......................................................................................17
SIMILARITIES OF APPLE AND SAMSUNG............................................................................20
DIFFERENCES OF APPLE AND SAMSUNG..........................................................................20
LO 03..................................................................................................................................................22
01) Launching of Velvet new soap........................................................................................22
02) MARKETING PLAN..........................................................................................................22
A. Executive Summary............................................................................................................22
B. Situational Analysis.............................................................................................................23
TABLE OF TABLE
Table 1-Apple marketing mix...........................................................................................................16
Table 2-Samsung marketing mix....................................................................................................20
Table 3-marketing mix of velvet (Dazler).......................................................................................27
Table 4-Marketing action plan.........................................................................................................30
Table 5-Marketing budget plan.......................................................................................................30
FIGURES OF TABLE
Figure 1- Coca-Cola...........................................................................................................................4
Figure 2 -Sprite...................................................................................................................................5
Figure 3- Fanta....................................................................................................................................5
Figure 4-Schweppes..........................................................................................................................6
Figure 5-Appletiser.............................................................................................................................7
Figure 6-coca-cola energy.................................................................................................................7
Figure 7-FuzeTea...............................................................................................................................8
Figure 8- PowerAde............................................................................................................................9
Figure 9-Amita.....................................................................................................................................9
Figure 10-organizational structure..................................................................................................10
Figure 11-Coca-Cola pestle.............................................................................................................12
Figure 13-Apple.................................................................................................................................15
Figure 12-Apple.................................................................................................................................15
Figure 14-Samsung..........................................................................................................................17
LO 01
TASK 01
01)Introduction of Coca-Cola
MISSION
Satisfy our beverage consumers with excellence.
PRODUCT PORTFOLIO
Figure 2 -Sprite
SPRITE - Sprite is a delicious, clean-tasting soft drink with a lemon- lime flavor that
provides you the ultimate cut-through refreshment. It currently appears on store shelves
in 1961 and is now distributed in over 190 countries. A lemon-lime soda made entirely of
natural ingredients by Coca-Cola Company.
Sprite drink comes in a number of sizes, including 7.5 ml mini cans, 8 oz. bottles, 8.5 oz.
bottles, 10 oz. cans, 12 oz. cans, 12 oz. bottles, 13.2 oz. bottles, 16 oz. cans, 16 oz.
bottles, 16.9 oz. bottles, 20 oz. bottles, 24 oz. bottles, 1 liter bottles, 1.25 liter bottles, 2
liter bottles, 3 liter bottles and Sprite Zero Sugar is another choice. It is now the world's
most popular lemon-lime flavored soda and the world's third most popular soft brand.
(Anon., 2020)
Figure 3- Fanta
FANTA - Fanta is a soft drink that spices up the enjoyment. Fanta is The Coca-Cola
Company's second-oldest brand, having been introduced in 1940. Fanta Orange is a soft
Figure 4-Schweppes
SCHWEPPES - Schweppes tonic water was first introduced in 1783 as the world's first
soft drink. Jacob Schweppes, the company's founder, was inspired by the new technique
of carbonating liquids, so he developed and developed his own method of producing
mineral water. Schweppes has been dedicated to quality and excellence for almost 230
years.
Schweppes is a global beverage brand that began in the Republic of Geneva and is now
marketed all over the world. Lemonade, carbonated waters, and ginger ales are among
the beverages available. In the United Kingdom and New Zealand, the Coca-Cola
Company owns the Schweppes brand. Ginger ale, orange juice, tomato juice, and
grapefruit juice are all produced by Schweppes. (Anon., 2021)
Figure 5-Appletiser
Appletiser has been skillfully producing its special mixture of sparkling 100 percent
natural apple juice for over 50 years. It contains no added sugar, flavorings, or
Figure 7-FuzeTea
FuzeTea - Fuze Tea is a wonderful mixture of fruit juice, botanicals, and tea that has
been combined together to create a delectable flavor. Fuze Tea now comes in two
flavors: mango camomile and peach hibiscus.
Fuze Tea is a delightful mixture of juice and tea extracts that gives it a strong flavor. Our
high-quality tea extracts are sourced from carefully chosen farms that have been
independently certified to support local economic development. Fuze drinks are
promoted as natural health products, and they are supplemented with a range of
vitamins, antioxidants, and electrolytes, all of which are commonly thought to be
Figure 8- PowerAde
PowerAde - PowerAde is a sports drink created, manufactured and marketed by The
Coca-Cola Company. Its primary competitor is Gatorade, made by PepsiCo.
PowerAde is a still, isotonic sports drink that helps promote effective hydration and
carbohydrates for recovering the energy and fluids that your body loses during activity. It
was developed with sports scientists.
Its main opponent is PepsiCo's Gatorade products, which were first released in 1988.
PowerAde has risen to take 21.7 percent of the US market in its category, compared to
77.2 percent for Gatorade, as of December 2010. (Anon., 2021)
Figure 9-Amita
AMITA MOTION SUPER MIXES - The AMITE MOTION brand, which was launched in
2008 in Greece, has around 397 sister brands and 727 competitors. The coca- cola
company, a New York-based corporation, owns the AMITA MOTION brand. Amita was
Greece's first packaged juice, debuted in 1983, and has remained a popular option
Pricing
Coca-Cola has been active in bringing all of its brands to sale at a reasonable price. Coca-
primary Cola's pricing strategies are price skimming, retail price, and market penetration.
They also use alternate pricing techniques such as psychological pricing, promotional
pricing, and segmented pricing on occasion.
Promotion
Companies invest a large amount of money in the beverage industry each year. As a result,
they will see an increase in profits. Coca-Cola spends a large amount of money on
advertising events each year. The most of them are for digital advertising. Coca-Cola spent
$3.96 billion on worldwide branding efforts in 2015, $4 billion in 2016, and $3.96 billion in
2016. Coca-biggest Cola's supplier spent $2.4 billion in 2017, $2.5 billion in 2016, and $2.4
billion in 2015, Over the years Coca-Cola spending for their promotional purpose by using,
Digital Advertisement on TV Supporting to the different diversion actions Social Media
Marketing Sponsoring different sports.
Buying Inventory
Basically, Coca-Cola keeps a good amount of inventory on hand to ensure proper supply
flow. It includes coffee, sugar, vanilla, citric acid, packing materials, and other materials from
both local and foreign markets as a beverage maker. The quality of raw materials and the
price of the particular raw material are the main focal points. The company buys inventory in
a range of methods, including partnering with several manufacturers, dividing suppliers, and
so on. Coca-cost-effectiveness Cola's is strongly related to the purchasing raw materials.
There are several factors that influence Coca-Cola, such as increased competition. Coca-
Cola should pay close attention to ads and whether or not they are meeting the
psychological protection, emotional respect and personality needs of their customers.
Understanding and meeting the needs of customer are key factors in Coca-growth. As an
employee, he should be made responsible for such nonsense, and if it happens, the
consumer will inform from outside world of the reason for the poor service offered by Coca-
Cola, and it will be the reason he avoids the company and its products. This could harm the
reputation of the Coca-Cola company overall. We must still keep in mind that customer
marketing relationships are essential for upgrading goods, so customer support should be
delivered as expected
ECONOMICAL
The most major economic danger to the corporation is interest rates. As salaries rise,
product costs rise as well, but this cannot be imposed on the price of the product due to
market risk and competition.
The purchasing power of a country is determined by its economic growth, as shown by
Coca-decision Cola's to enter a new market and advertise its product over the world. The
company uses this application to interact with 63 different currencies. The company's
product sales are influenced globally by variations in the exchange rate and currency
rate. (Keshala, 2017)
SOCIAL CULTURAL
The corporation cannot affect social elements such as people's preferences, culture and
tradition, population growth and trends; the corporation's only option is to adapt and
adjust to these elements. Coca-Cola, as a B2C corporation, has a direct interaction with
its customers, thus it must be extremely particular in analyzing the culture and customs
of the country into which it is expanding. (Keshala, 2017)
TECHNOLOGICAL
In the beverage industry, technology is critical in the production of focused syrup, bottle
packaging, bottle filling, and product distribution. Coca-Cola is available in a variety of
containers, bottles, and cans growing availability of serving machines around the world.
The technique aids in the creation of attractive, colorful, non-refillable cans and bottles
that appeal to children and youngsters, thereby serving as a marketing tool for Coca-
Cola to promote its products.
ENVIRONMENTAL
Coca-Cola is committed to following with Today's environmental policies and regulations.
In its packaging, the business uses recyclable plastic. The company has opened a waste
water recycling plant. In order to preserve water, the corporation has also planted a large
number of trees. Because the company produces non-alcoholic beverages that require a
lot of water, it is planting trees to conserve water.
LEGAL
Employment, consumer, health and safety, and racism legislation are among the
different legal factors. Because Coca-Cola is established in the United States, it must
follow by US laws and regulations such as the Food Safety Act, the Federal Trade Act,
and the Cosmetic Act, among others.
Apart from understanding the reasons, the company must also conform to environmental
rules such as waste disposal and pollution monitoring. For this reason, the company has
set up a number of recycling centers where plastic bottles and water can be recycled.
Advertising, sales, and promotion regulations must all be conformed to by the company.
If the company does not conform to or follow these legal regulations, it will have a bad
influence on its brand image and will be subject to severe penalties. As a result, Coca-
Cola should check if its operations are in line with the country's legal requirements.
(Keshala, 2017)
Facilitate Digital Marketing Strategy- With digital marketing; you will meet a huge audience in
a cost-effective and meaningful manner. Traditional marketing strategies cost more money in
Coca-Cola but you can save money and attract more consumers for less. Get to know your
customers and encourage them to get to know you on a personal level, which will aid in
brand loyalty. (Rahaman, 2018) (puravankara, 2007)
LO 02
1) MARKETING MIX OF APPLE
Since Apple products are developed after increasing customer testing, they are
creative. Apple wants to say it understands what people want, and it does, for
Product the most part. Apple Inc.'s main product categories are shown below.
IPhone 11 pro max
Quality - The iPhone 11 pro max includes both a wide-angle and a led flash
camera. The iPhone 11 Pro Max both include two cameras, including a
telephoto lens, similar to the iPhone 11 Pro. Each of the three cameras has a
12-megapixel resolution.
Features - In addition to the iPhone 11 Pro Max, this device features a larger
6.7-inch Super Retina XDR display. It also features a LiDAR system as well as a
triple-camera system. But also a wide range of advanced items.
Packaging – iPhone 11 pro max packaging is as creative and attractive to the
eye as the item inside. The box is spotless in every area. The color is a simple,
beautiful white. Every part of the package is designed to be simple and
straightforward.
Price Apple charges a fee on their goods. Customers are willing to pay a
Premium price for their goods due to their quality and innovations as compared
to other brands. Apple's goods only go on sale, and their prices are normally
fixed and don't change till a latest product is launched. This high-end pricing
method lets Apple retain its knowledge and information by attracting middle- and
upper-class customers.
For iPhone 11 pro max
List price - In Sri Lanka, the best pricing for an Apple iPhone 12 Pro Max
approximately Rs. 257,000.
Discounts – 5% will be given in most of the shops.
Payment period - The iPhone 11 pro max is available for 165000lkr per month
for 30 months
Place Apple has some strict rules on who should market their goods. Apple approves
some retailers to distribute their goods in order to maintain supply control. This
provides exclusivity, which can limit reach, but it also strengthens their products'
growing importance. Apple has lower distribution prices as a result of its
exclusivity, and is able to invest in other place such as product research.
For iPhone 11 pro max
Transport - iPhone 11 pro max are mainly being transports by Cargo aircraft
and cargo ships are the primary forms of transport.
Coverage - iPhone 11 pro max is worldwide.
Channels- Depending on the shops and distributors, it differs.
Sales Promotion - There are shopping offers (5 %), student discounts, and
one-time online deals.
Direct marketing - iPhone 11 pro max use media, such as television and online
ads, to promote new goods and promotions. For example, social media sites
such as Facebook, Twitter, and LinkedIn.
Figure 14-Samsung
Samsung products are aimed at people that live in luxury and those who live in the middle
class, and they serve to all three groups. IPhone products, on the other hand, are not
exclusively for the rich; but are also of excellent quality.
LO 03
01) Launching of Velvet new soap
Velvet is Sri Lanka's most popular beauty soap, focusing on providing the best skin care.
Hemas Holding PLC owns the brand velvet. The Velvet soap company is planning to launch
new soap which named as “Dazler” to the market. This new soap will definitely enhance the
softness of your skin while moisturizing the dry area of your skin as well. Our new “Dazler
“soap is excellent for the skin and hair. We used sandalwood as a soap component because
it supports in the cleansers of clay, impurities, and dark circles. This helps you avoid skin
blemishes, cure rashes, prevent wrinkles and lines, and reduce dullness etc... Your body
needs the best safe, new feeling you can offer it, and with this wonderful soap, you won't go
wrong. Velvet (Dazler) main target audiences are women between the ages of 15 and 40, to
make this soap more attractively.
HIGHLIGHTS
VISION
Our velvet's (Dazler) vision is really to offer a useful product to consumers while also earning
reputation in order to enhance our soap and brand.
To create direct sales companies for quality safe home goods that will improve our partners'
and customers' quality of life.
MISSION
Our mission is to help our Velvet (Dazler) partners achieve their goals and expectations all
over the world.
This soap specializes in softening your skin with a scent that last 24 hours. This provides
skin care and satisfies customer’s demands.
A. Executive Summary
We planned to introduce new velvet (Dazler) soap by developing a product situational
strategy that analyzes the product's strengths, weaknesses, opportunities, threats, and
pestle analysis in perspective of Sri Lanka's present challenges and challenges that may
influence the velvet market (Dazler). The marketing objectives for our new product, as well
The marketing mix will be part of a new product's action plan, which will detail the month for
which the marketing mix variables would be introduced. So there's a budget plan that
includes all of the financial records for this product, and also a marketing control to identify
and correct faults and turn concerns into opportunities. Ultimately, after all of the following
analysis, a product will be released to the market.
B. Situational Analysis
SWOT Analysis
Strength
Weaknesses
That soap is mostly marketed as skin soap for women, but it lacks unisex appeal.
Stock out problem - In order to do business successfully, a company must have the
products, materials, and/or services that the consumer needs.
Running out of stock not only harms a company's reputation, but it may also result in
significant financial losses because to a lack of sales.
Opportunity
Threat
POLITICAL FACTOR
Stability in politics - Changes in politics may well have a big impact on business. This
might result in less "business-friendly" rules, changes in corporate taxation and
regulations, or political changes that impact the business's marketing.
The company's performance would be impacted by changes in tax policies in different
supply countries.
Government policy - By establishing laws or modifying its own spending or taxes, the
government may affect how firms operate and impact the economy. Higher government
spending or lower taxes can result in more demand in the economy, leading to more
production and employment
Government stability is critical in emerging economies. A stable political climate is
important for any product to achieve its huge success therefore the government's
policies should be beneficial to the company.
ECONOMICAL FACTOR
Economic factors have the greatest impact on customers' purchasing power. The more the
demand for a product, the larger the profit for the company; but, if there is little demand, the
company will suffer.so that economic factor is so much important for a soap company.
Economic growth rate - Customers are switching brands as a result of the economic
downturn.
Consumer confidence - Consumer confidence will be a key factor in determining
consumer purchasing power, borrow, and save. A high process of consumer confidence
will inspire a stronger future cost. And also will inspire a stronger propensity to consume.
The exchange rate of foreign currencies has an impact on the goods and its ability to
make a profit.
SOCIAL FACTOR
Targeted for women - Women prefer make-up and beauty products more males. The
advertising is mostly focused at females. Younger teenagers and women between the
ages of 20 and 35 are the main focus on market since they have a greater intention to
maintain attractive so in that case there might be a lesser attention or lesser willingness
from men.
Customer expectation - Customer expectations support a company in gaining the trust of
its consumers. If you can successfully manage these expectations, you will be able to
better fulfill and even surpass them, resulting in a long-term connection with consumers.
TECHNOLOGICAL FACTOR
Every day, new innovations in the fields of information technology, product and product
design develop. If the velvet (Dazler) brand is unable to keep up with technological
ECOLOGICAL FACTOR
The business has been involved in a number of legal cases involving the local
community's and people' environmental health.
The production of Velvet (Dazler) should not include the death of any animals, whether
put in danger or not. The garbage used during the production of this soap should not be
harmful to the environment.
Velvet (Dazler) encourages the use of environmentally friendly materials. In every place
where they distribute, their products are designed to be safe for customers. From
packaging to design, all of the materials are environmentally friendly. This process
should be done as accurately.
LEGAL FACTOR
Like as all the company, Velvet (Dazler) as a product should protected by its own
intellectual property rights. The advancement of technology and products should be
safeguarded within the limits of the law. The tax rules of the several countries where we
do company change. If the product is illegally advertised, a punishment may be applied.
Any various harmful warnings should be displayed clearly on the product.
To increase market share rate - When it comes to releasing a new soap, marketers
always expect increased interest rates, which raise interest rates, reduce money to
spend, and therefore reduce consumer spending growth. Higher interest rates tend to
lower price inflation and cause the exchange price to increase.
To enhance the company's brand image - A good brand name and image helps in
keeping the organization in the minds of the target customers. When a consumer is
GENDER
Focus on women(The majority of people who watch television shows are women because
television shows strive to show women’s lives, we targets female audience thinks how much
their lives are worth and women who are sensitive of their looks and take care of their skin).
Age
Income
RS 25 – 30(our soap is affordable to people of basically all ages; therefore ladies of any field
of work (income) may easily buy ours)
b) GEOGRAPHICAL SEGMENTATION
Geographical segment of dividing your audience into groups depending on where they
live or work, this may be done in a variety of ways, including grouping customers by
country of location or smaller geographical division.
We decided moreover to set a good target to distribute countries like India and Thailand
are two of the world’s most populous south Africa, Pakistan, china, Brazil, Canada, North
America, western Europe, Sril lanka.
c) BEHAVIORAL SEGMENTATION
Behavioral segmentation is carried out based on the following factors situation, advantage,
user status, loyalty status and attitude toward product.
Consumers are segmented based on their behavior patterns when they engage with a
company in behavioral segmentation.
Velvet (dazler) is aiming to keep up with the demand of customers with similar
requirement. Understand how to solve the real needs and wants of customer group is the
goal of behavioral marketing in any soap production.
Our product is always set to trusted and reliably.
Benefit
Velvet (dazler) is a daily beauty product that cleans, moisturizes and smooth’s the skin of
the family. This moisturizes dry skin while smoothing and softly washing it away. It’s filled
with vitamin and minerals from pure sandalwood oil.
User status
It displayed how brand users all around the country had created their own special
connection with the brand, applying it whenever and wherever they needed purification.
User rate
we’ve decided to create different packaging for different categories of customers based
on the quantity consumed, ranging from 100g to 120g,
Brand loyalty
Our soap is the clear velvet brand of choice. Customer loyalty is at the heart of our soap
company and the creation of lasting relationships with our consumers is the overall aim.
Velvet (dazler) develops a product that leaves the skin of your entire family soft, washed
and cared for. Giving people a product they appreciate from a company they like works
great for brand loyalty of velvet.
d) PSYCHOGRAPHIC SEGMENTATION
Psychographic segmentation divides the market into groups based on socio economic
status, lifestyle and personality
Because of its decidedly low price, Velvet (dazler) has attracted basically all social classes.
Life style
Velvet (dazler) has created to set our current life styles that is more outdoors forcused.so
for the cleanliness customers, we will develop a house cleaning product that is excellent
for dry skin, acting as a moisturizer and natural moderate sun protection as well
providing Vitamin A,C,E and F to nourish the skin.
Personality
Self-concept
September
November
February
December
January
DETAILS
Months
March
October
August
June
April
May
July
Packaging
PRODUCT
Design
Size
Discount
PRICE
Allowances
Seasonal
offers
Distribution
PLACE
Transportatio
n
Advertising
Sale
Promotion
Public
Relations
TION
DESCRIPTION AMOUNT
PRODUCT
Packaging Rs. 3.200.000/=
Varieties Rs. 7.000.000/=
PRICE Rs. 2.200.000/=
Discount
Rs. 3.000.000/=
allowances
Rs. 2.200.000/=
offers
PLACE Rs. 50.000.000/=
Transportation
Rs. 20.000.000/=
coverage
PROMOTIO Rs. 55.000.000/=
Advertisement
N Rs. 4.400.000/=
sales promotion
Rs. 6.400.000/=
direct marketing
Rs. 155.000.000/=
TOTAL
Table 5-Marketing budget plan
The Velvet (dazler) product will increase customer loyalty and generate more leads.
However, if my product has a negative result on customers such as poor quality, lead skin
rashes, melting too rapidly, as a result, earning a customer's heart is difficult, but losing a
Conclusion
During the report's preparation, I ran into a few problems with the information I needed to
gather for the particular organization and company. It was difficult to identify the problems
and benefits of my soap company since there were so few opinions.
Personally, I struggled to come up with ways to include citations within the specific text. This
is my first time performing an assignment. I'd want to express my heartfelt gratitude to my
friends and lecturers, particularly Mr. Dilan, who supported me in completing thorough
research for this assignment.
References
Anon., 2016. pestel-analysis. [Online]
Available at: https://i0.wp.com/www.business-to-you.com/wp-content/uploads/2016/12/PESTEL-
analysis-updated.png
[Accessed 28 june 2021].
Anon., n.d. Men's Accessories: Men’s fashion & men’s outfits fashion sunglasses beaded jewelry
bracelet ideas. [Online]
Available at: https://www.pinterest.com/pin/790663278332866479/
[Accessed 28 june 2021].
Editor, P., 2020. Latest Technologies & Innovations Used in Samsung Phones. [Online]
Available at: https://www.theproche.com/2020/02/10/latest-technologies-innovations-used-in-
samsung-phones/
[Accessed 28 june 2021].
Rahaman, M. S., 2018. Role and Responsibilities of Marketing Function of Coca-Cola. [Online]
Available at: https://circlebizz.com/marketing/role-and-responsibilities-of-marketing-function-of-
coca-cola/
[Accessed 28 june 2021].
Rampton, J., 2020. 10 Genius Marketing Tactics Apple Uses to Beat Its Competitors. [Online]
Available at: https://due.com/blog/10-genius-marketing-tactics-apple-uses-to-beat-its-competitors/
[Accessed 28 june 2021].
The coca cola company, 2019. Coca -cola - Annual report. [Online]
Available at: file:///C:/Users/UER/Downloads/NYSE_KO_2019%20(1).pdf
[Accessed 28 June 2021].