The Coca-Cola Company has been in business for over a century. During that time, the company experienced a lot of success. This includes coming up with new flavors, getting certified as Kosher, and doing well on social media. Now, the company is aiming for billions in sales.
Social media success
Coca-Cola’s social media success story is a classic tale of marketing innovation. The beverage company uses traditional media, social media, and new media to advertise its product. It also engages with fans to make connections.
A great example is the “Share a Coke” campaign. This was a viral social media campaign that spread across the globe. In this effort, the company replaced its iconic logo with the names of famous people. They then encouraged consumers to share the branded bottles with friends and family. As a result, the campaign generated 330 million Twitter impressions. Also, it doubled the company’s number of fans, which went from 3.2 million in August 2010 to a huge 93 million in February 2011.
Another major social media success story was the Facial Profiler app. This was launched in 2009. The application allowed users to upload photos of themselves and find “lookalikes” based on their facial features. These photo-based results were then posted on Facebook.
Kosher certification
If you like Coke, you’ll be happy to know that it is kosher for Passover. This is because Coca-Cola was the first nationally prominent company to change its product content for kosher requirements.
During Passover, the Jewish community cuts out chametz, or leavened bread, from their diet. They also cut out a variety of other items, including peanuts, rice, beans, and lentils. But not all food products are kosher, and many of them are classified as treyf. The rabbis and the Coca-Cola Company had a disagreement about the glycerin in Coke. Rabbis say that the glycerin in the soft drink was put there on purpose, which observant Jews would not accept. In addition, glycerin was a byproduct of the kernels of grain, which were forbidden during Passover.
In the 1930s, a rabbi in Atlanta, Georgia, was concerned with the ingredients in mass-produced food. He asked Coca-Cola to make a kosher version of its beverage.
New flavors
The Coca-Cola Company has become a billion-dollar brand by launching new flavors and a variety of drinks. In addition to the classic soda, the company also offers fruit-based beverages, like Fuze tea and AdeZ.
In addition to its traditional soda and energy drinks, the company also launched a line of vitamin-infused drinks. Its latest innovation is a digital platform called MyCoke, which allows retail customers to order future orders. According to Coca-Cola, this platform has helped the company generate 5% more sales revenue. The company also made a new brand called Coca-Cola Creations. The goal was to get more people to buy its products regularly. This is a new product platform aimed at younger audiences. To launch the flavor, Coca-Cola partnered with Grammy-nominated DJ Marshmello.
The company has set goals for its growth over the next five years. These include reducing the number of its master brands and creating innovative products. However, the company’s organic revenue growth is expected to be between 14 percent and 15 percent.
Long-term goals
Coca-Cola has a long-term plan of development. Its objectives are to maintain leadership, generate a positive impact, and create value. To achieve these objectives, Coca-Cola will focus on growing its business and establishing a global brand image.
The company’s goals include boosting revenue growth by 4% to 6% annually. It also wants to increase its operating income and make better use of the assets it already has to get a better return on investment. Moreover, the company aspires to become a leader in accelerating sustainable growth. It is also committed to making money and building a portfolio of products with more variety. Other goals are to get more people who already drink to drink more often and to get new people to drink. It also plans to expand its product offerings into emerging markets.
Finally, the company also plans to strengthen its position in the non-alcoholic ready-to-drink market. Coca-Cola will spend money on TV ads, social media, sports sponsorships, and other marketing and advertising campaigns in order to reach these goals.