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Cola Wars - School Essays

Cola Wars


The Wall Street Journal recently did an article on how the soft-drink
battleground has now turned toward new overseas markets. While once the United
States, Australia, Japan, and Western Europe were the dominant soft-drink
markets, the growth has slowed down dramatically, but they are still important
markets for Coca-Cola and Pepsi. However, Eastern Europe, Mexico, China, Saudi
Arabia, and India have become the new "hot spots." Both Coca-Cola and Pepsi are
forming joint bottling ventures in these nations and in other areas where they
see growth potential. As we have seen, international marketing can be very
complex. Many issues have to be resolved before a company can even ...

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world, where income levels and appetites for
Western products are at an all time high.

Often, the company that gets into a foreign market first usually dominates that
country's market. Coke patriarch Robert Woodruff realized this 50 years ago and
unleashed a brilliant ploy to make Coke the early bird in many of the major
foreign markets. At the height of World War II, Woodruff proclaimed that
Awherever American boys were fighting, they'd be able to get a Coke. By the time
Pepsi tried to make its first international pitch in the 50s, Coke had already
established its brand name and a powerful distribution network.

In the intervening 40 years, many new markets have emerged. In order to profit
from these markets, both Coke and Pepsi need to find ways to cut through all of
the red tape that initially prevents them from conducting business in these
markets. This paper seeks to examine these markets and the opportunities and
roadblocks that lie within each.

In 1972, Pepsi signed an ...

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Cola Wars. (2007, December 19). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Cola-Wars/76119
"Cola Wars." Essayworld.com. Essayworld.com, 19 Dec. 2007. Web. 23 Dec. 2024. <http://www.essayworld.com/essays/Cola-Wars/76119>
"Cola Wars." Essayworld.com. December 19, 2007. Accessed December 23, 2024. http://www.essayworld.com/essays/Cola-Wars/76119.
"Cola Wars." Essayworld.com. December 19, 2007. Accessed December 23, 2024. http://www.essayworld.com/essays/Cola-Wars/76119.
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PAPER DETAILS
Added: 12/19/2007 09:03:56 PM
Category: Economics
Type: Premium Paper
Words: 1107
Pages: 5

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