Coca-cola has two main ingredients which are coca for leaves and kola for nuts (caffeine).Marketing, selling, promotions are the factors due to which Coca-colaCompany is famous around the world.Pepsi and some other company can surpass the Coca-colaCompany due to their promotion techniques and by improving the quality of their beverage or product.
Further explanation:
1. Coca-cola has two main ingredients which are coca for leaves and kola for nuts (caffeine).
Coca-cola tastes the same but can be liked or disliked by many.It depends on the individual and his/her choice. But the ingredients in them are best according to the company. And the majority of people prefer this beverage more.
2. Coca-cola has successful in the market due to its flavor and taste. Marketing, selling, promotions are the factors due to which Coca-colaCompany is famous around the world. The company promotes everywhere like in television, radio, and newspaper as they advertise on a high scale and on every platform.
3. Yes, Pepsi and some other company can surpass the Coca-colaCompany due to their promotion techniques and by improving the quality of their beverage or product. But without promotion, no company can reach worldwide. Coca-cola has adopted the best promotion skills and maintains their quality aswell. This is the reason, no other company is able to compete or surpass them.
Coca-cola’s greatest risk is that people nowadays are becoming more health-conscious and prefer water and juices more instead of beverages. So this can be the greatest risk for them, as water and juices companies are rising.
Coca-cola faces heavy competition in the market on the basis of quality, price and customer preference.
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Answer details:
Grade: High School
Subject: Business
Chapter: Marketing
Keywords: What does coca-cola stand for, is it the same for everyone, explain, coca-cola has successfully marketed to billions of people around the world. why is it so successful, can pepsi or any other company ever surpass coca-cola, why or why not, what are coca-cola's greatest risks.