Sunday, 8 December 2013

Coca Cola and Social Media



Gone are the days when companies like Coca Cola could rely on their global brand image to capture market share. As they realized the important needed to move with the time and to adapt to the changing market and customer needs, they entered into the social media conversation in order to become relevant and modern, while appealing also to the new generation. They understood that traditional marketing disciplines must be supplemented with new models rich with content, engagement, conversation, and analytics, all of which are the essence factors of social commerce.


With evolving social media communication strategies on the most popular and important channels and networks (Facebook, Twitter, Instagram, etc.), Coca-Cola has shown the world how revolutionary they can be and how this marketing approach evokes emotional, long-lasting customer engagement. They are aiming to capitalize on the ever-changing media landscape. 


Doing so, they give a lot of space to their consumers for interactions, feedback, recommendations, sharing functions and being part of a big passionate community around the globe. The following picture is a screenshot showing the current Coca Cola Facebook page with the latest news, events and pictures on it which is regularly updated, as well as all other used social network pages and applications of the company. 



Wisely recognizing the power of owning its own content and democratizing access to it, Coca-Cola has partnered with “Thismoment“ to design a concept called “Pantry.” This concept provides Coca-Cola with the ability to consolidate valuable content and democratize access to it. 


John Bara, CMO of Thismoment, about how companies like Coca-Cola are able to continuously stay on top of the brand marketing pyramid: “The youth audience is online all the time. The ultimate objective of savvy social marketers is to reach and engage the audience anytime. Marketers need a social marketing system which can help them and their agencies share, re-use and distribute content across all social end points and devices.”


Coca Cola followed this advice, and integrated social sharing functions and applications throughout every single page of their corporate website.
 


One objective is to attract customers to engage in social communities and therefore to interact with the company. Another reason is to show the customers how active and globalized the company is and that they are always adapting to the current market changes. Using these networks offered the company the possibility of now having reached a tremendous online marketing performance and to generate a wide ranging word of mouth.

 

This screenshot portrays the social media newsroom of the Coca Cola homepage, where the latest posts and activities of all used social media channels are updated for the homepage visitors. The same considerations that apply to their messaging and communications in traditional media still apply in the online social media space, “internal” platforms on the corporate homepage.
Now, countless conversations take place online about Coca-Cola every day. Meanwhile, the company always remembers who they are – the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands, and what their role is in the social media community. They want to inspire moments of optimism and happiness and build their brands.  Coca Cola’s 150,000 associates in more than 200 countries are supposed to join those conversations, to present the company and to share the brands optimistic and positive spirits.
The most current and very successful marketing campaign of Coca Cola which has he motto: "Drink a coke with…“ (campaign wasn’t found on the UK/US page), is spreading like a virus in the social networks and other media. Besides several possibilities for sharing of an individualized bottle on different channels, the customer also has the opportunity to create their own video clip. With these measures, Coke implemented the strategy of the  mass customization phenomenon which is crucial to reach the target groups adequately and to interact with them. 



Recently, the Coca-Cola company was honored with the 2013 NASCAR Marketing Achievement Award in Las Vegas. An official partner since 1998, Coca-Cola becomes the first three-time recipient of the prestigious award. Utilizing an immersive integrated marketing approach, Coca-Cola has engaged fans, customers and employees across virtually every facet of the NASCAR ecosystem, including intellectual property, promotions, public relations, B2B, event marketing, social media and retail.


"Over the course of our 15-year relationship Coca-Cola has become one of the most recognized brands in our sport," said Jim O'Connell, NASCAR chief sales officer. "Once again Coca-Cola raised the bar by creating innovative activation and an integrated marketing approach to engage with millions of NASCAR fans, embodying the spirit of the award."


Aline Kellner



http://marketing-wissen.net/marketing-lehrstunde-von-coca-cola-trink-ne-coke-mit/
http://sports.yahoo.com/news/coca-cola/recognized-marketing-award-144500545--nascar.html
http://www.coca-colacompany.com/stories/online-social-media-principles
http://www.forbes.com/sites/siliconangle/2013/06/18/coca-cola-leveraing-social-to-drive-leadership-in-social-media-marketing/htt
http://www.coke.de/deinname
http://www.coca-colacompany.com/brands/the-coca-cola-company/
http://www.facebook.com/cocacola


Coke vs. Pepsi - a neverending cola war

Throughout the 1980s and 1990s, Coca Cola and Pepsi were rivals, and the battle between the two dominant brands intensified to such an extent that the term “cola wars” was introduced. Both brands were undergoing a global advertisement war through different ads such as print, videos and games, trying to stay on top of the other and trying to dominate the carbonated soft drink market. The two big companies also try to achieve an exclusive distribution position of their products through exclusive contracts with locals or supermarket chains, therefore attending to a strong destructive competition. 

As companies are increasingly falling short of ways to differentiate their products from those of their competitors, comparative advertising seems to be a way out. When Coke and Pepsi first began head-to-head competition, Coke had about an 80% market share and Pepsi had a 20% market share. 

Since the 1970s, Pepsi has been using the "taste difference test" in the U.S. to highlight their competitive position against Coca Cola. Here, the advertising laws are not as strict as in other European countries, for example. Therefore, Coca Cola, as the main competitive brand of Pepsi, was shown very often as the loser in several funny Pepsi TV-spots. But these TV-sports are only a part of the tasting campaign of Pepsi. The company also gets in direct contact to their consumer and distributes samples to them. The winner of these tasting samples is mostly Pepsi, because the company was able to stand against the archrival Coca Cola with its aggressive tasting campaign worldwide. Now, Pepsi is even allowed to point out in TV-Spots, that they have the best taste of all carbonated soft drinks. 

On the companies home market of the USA, where comparative advertising was allowed much earlier than in Germany, for example, Pepsi and Coke celebrated their rivalry by referring to each others brand in several advertising strategies. In the computer game Pepsi Invaders, which was developed for Coca Cola, the player is supposed to shot the attacking Pepsi spaceships. 



Pepsi will remain the main but chanceless archrival of the original Coke drink. The reason why Pepsi hasn’t achieved victory with global breakthrough is that Coca Cola was the first soda brand on the market. They built a mythos which was later blocked for Pepsi. The mythos existed in being one of the first global brands and to send the appropriate message: 


                                                    “We are humanity, we all drink Coca Cola.”


   


Aline Kellner



http://www.scientificstrategy.com/marketmodel/portfolio/cola-wars/
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/7126053/Pepsi-vs-Coke-advertising-battle-turns-to-social-media.html
http://www.coca-colacompany.com
http://tejas.iimb.ac.in/articles/58.php
http://www.spiegel.de/spiegel/print/d-13517026.html
http://www.focus.de/finanzen/news/unternehmen/tid-22198/125-geburtstag-der-konkurrenzkampf-mit-pepsi_aid_624447.html