In recent years, Coca-Cola attempted to enter the Indian market once again.

In recent years, Coca-Cola attempted to enter the Indian market once again. Georgia-based Coca-Cola was attracted to India’s market because India’s per capita consumption of carbonated beverages is less than half of Pakistan and about five per cent of China’s. India has the fastest-growing demand for consumer products in the world. Coke’s first attempt to enter the Indian market a decade earlier had resulted in gross mismanagement, which led to the company losing $20 billion Indian Rupees. In that first attempt, Coca-Cola purchased Thumbs Up, the leading India-based carbonated soft drink. The company hoped to replace Thumbs Up with Coke while maintaining the Thumbs Up distribution strategy. For its return to the market, Coca-Cola built five plants, cut costly staff, revamped transport, shrunk bottles and made them lighter to increase a trucks carrying capacity. It also increased its number of distributors and dumped a global advertising campaign that proved irrelevant to the Indian market

In order to increased distribution of their product, Coca-Cola supplied finance to retailers so they could purchase refrigeration units and organised for the refrigeration manufacturer to give deep price discounts.

You are the manager responsible for a successful penetration of the market. What strategies would you focus on? Why?

Don't use plagiarized sources. Get Your Custom Essay on
In recent years, Coca-Cola attempted to enter the Indian market once again.
For as little as $15/Page
Order Essay
Order your essay today and save 25% with the discount code: MANGO

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 25% with the discount code THANKYOU