MKTCB574_Comp1_Mod1_Reflection.doc Comp 1/Module 1 - Reflection University of Phoenix MKTCB/574: Marketing Social, Mobile, And Analytics Comp 1/Module 1 “ Reflection Coca Cola and PepsiCo are two beverage behemoth
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MKTCB574_Comp1_Mod1_Reflection.doc Comp 1/Module 1 - Reflection University of Phoenix MKTCB/574: Marketing Social, Mobile, And Analytics Comp 1/Module 1 “ Reflection Coca Cola and PepsiCo are two beverage behemoths that have been competing head to head in the same industry for a long time. Even though both companies have competed in the same space their approaches have varied over the past few decades. Each took an approach with marketing to address the opportunities and threats in the global market while also focusing on the strengths. Both companies still look very similar to the average consumer today, but their marketing strategies are quite different despite their rival status. Differentiation Pepsi Cola merged with Frito Lay to expand into the food industry and not just beverage. This move has allowed PepsiCo to become dominant in both industries and maintain the title of the largest global food and beverage company. PepsiCo™s share on the food and snack side of the industry is much higher than the beverages side providing them much more sustainability with the near monopoly hold on the global snack market. The beverage side of the industry looks very close to the same as Coca Cola. Both companies are in a race to capture the growing new markets for non-carbonated soft drinks. The CSD business has been in decline over the past couple decades and the newer categories such as tea, enhanced water, energy drinks, and coffee have been driving the industry. The beverage war has turned into a race f. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .
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