Marketing Case Studies

Essay specific features

 

Issue:

Business

 

Written by:

Pablo B

 

Date added:

September 8, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1311

 

Was viewed:

6932 times

 

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Essay content:

Coca-Cola's marketing research showed that over half of the people who taste-tested the new flavor preferred it over Pepsi and the nearly 100 year old Coke flavor. Looking back, there were several areas in which Coca-Cola's marketing research strategy was fatally flawed. First, taste-testers were not made aware of the possibility that the existing Coke flavor would be replaced with the newer flavor...
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This could have been the million-dollar question for Coca-Cola executives: "How would you feel if we replaced the existing Coke flavor with this new flavoring?" Second, the sample size who tested the new flavoring was simply too small. Taste-testing was geared more toward determining whether consumers preferred a sweeter taste instead of toward the actual flavoring used...
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