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Summary marktgstart w6 milestone2.docx CRN203 Milestone 2 Marketing Strategies- 202130- CRN203 New England College Introduction Coca-Cola uses major growth strategies which helps to give it a competitive advantage. The Coca-Cola product was developed by res$7.49
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Summary marktgstart w6 milestone2.docx CRN203 Milestone 2 Marketing Strategies- 202130- CRN203 New England College Introduction Coca-Cola uses major growth strategies which helps to give it a competitive advantage. The Coca-Cola product was developed by res
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marktgstart w6 CRN203 Milestone 2 Marketing Strategies- - CRN203 New England College Introduction Coca-Cola uses major growth strategies which helps to give it a competitive advantage. The Coca-Cola product was developed by researcher and researcher John Pemberton, and is hence a well-design...
marktgstart w6 milestone2docx crn203 milestone 2 marketing strategies 202130 crn203 new england college introduction coca cola uses major growth strategies which helps to give it a competitiv
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CRN203
Milestone 2
Marketing Strategies- 202130- CRN203
New England College
Introduction
Coca-Cola uses major growth strategies which helps to give it a competitive
advantage. The Coca-Cola product was developed by researcher and researcher John
Pemberton, and is hence a well-designed product produced in the new mass market, a
technology known as diversification. (Griffin, 2019). As the company grew they used product
development as their main plan and they established the first interests. The Coca-Cola brand
has exploded worldwide through established markets as a growth strategy. Coca-Cola
companies around the world currently list and buy under 500 brand names. The increase in
shares in the Coca-Cola market is a scheme to increase market penetration. As to keep the
goal of the company in perspective, the company does the business in a different way and is
not at all similar from its competitors.
Strategies implemented to reach the goals contains four recommended marketing mix
strategies to change product positions, pricing, distribution and promotion strategies,
maximizing response to need and tapping available opportunities (Peter & Donnelly, 2019).
And control is through formal control; Output control, process control and marketing audit
and informal control (Griffin, 2019). The analysis draws that the company can increase its
sales and manage its position in the market as leader by using applicable strategies to respond
to market changes that provide opportunities to address potential threats and address its
vulnerability.
Marketing objectives
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