Behemoth on a tear

After years of marginal market share growth, languid product development, and stodgy marketing, Coca-Cola Co. is revving up its fortunes. It is tweaking every aspect of global marketing, adding cutting-edge advertising, new packaging, product sampling, and high-profile sponsorships. The rejuvenation...

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Veröffentlicht in:Bloomberg businessweek (Online) 1994-10 (3392), p.54
1. Verfasser: Mallory, Maria
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description After years of marginal market share growth, languid product development, and stodgy marketing, Coca-Cola Co. is revving up its fortunes. It is tweaking every aspect of global marketing, adding cutting-edge advertising, new packaging, product sampling, and high-profile sponsorships. The rejuvenation of Coke has become a personal quest for CEO Roberto C. Goizueta. Behind the new product offensive is M. Douglas Ivester, Coke's new president and chief operating officer. Ivester made 2 bold moves: He gave Creative Artists Agency carte blanche to revitalize Coke's advertising, and he rehired Sergio Zyman as chief of marketing.
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source EZB-FREE-00999 freely available EZB journals
subjects Advertising
Beverage industry
Case studies
Consumers
Corporate profits
Earnings per share
Financial performance
Goizueta, Roberto
Innovations
International markets
Market entry
Market shares
Marketing
Multinational corporations
Product development
Strategic planning
title Behemoth on a tear
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