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SENGUPTA
.PROMISING FUTURE
CONTD..
Customers realized that the taste of New Coke was similar to that of Pepsi. Too poor compared to the taste of the original Coke. Coca-Cola lost customer goodwill. consumer protests again New Coke By 1986, New Coke had a market share of less than 3% due to decline in sales
CAUSES OF FAILURE
CHANGE IN TASTE
UNIDENTIFIED TARGET MARKET IMPROPER DISTRIBUTION
INEFFECTIVE ADVERTISING
PROPER DISTRIBUTION
EFFECTIVE ADVERTISING
EFFECTIVE MARKETING
ATTRACTIVE TAGLINES
CELEBRITY ENDORSEMENTS
ATTRACTIVE PACKAGING DIFFERENT CAMPAIGNING STARTEGIES
Pesticides issue
Issues like water shortage
EASY AVAILABILITY
PROPER MARKET RESEARCH
Contd.
launching products with new packaging selling of coke in restaurants as a primary drink
focus on both primary & secondary market
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