Here's how you can find your own. 1. Identify your target market. Your unique value proposition should help you connect with your target market. In order to create a proposition that builds that
Compares Coca-Cola and Pepsi's history, finances, products, marketing, and market share as leading soft drink brands. With a brand value that grew by 16% from 2008 to 2012, Coca-Cola's brand image is much stronger than PepsiCo's, which only grew by 5% during the same period. Coca-Cola has been able to leverage its strong brand image toDifferentiating Coca-Cola value proposition from that of the competitors, thus providing a market offering to create superior customer value. Positioning. Arranging for a product to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers.
Coca-Cola has a broader portfolio of beverage brands, including non-carbonated drinks. PepsiCo includes a diverse range of snacks and food products in addition to beverages. Extensive brand recognition and global presence (Both). Value Proposition: Refreshing, iconic beverage brands, emotional appeal: Refreshing, iconic beverage brands, diverse
Kotler in his book "Principles of Marketing" explains - Marketing is a process through which firms such as Coca Cola can create value for its current and potential customers, build relationship, and sustain that relationship by continuously meeting their needs. Identify competitive advantage or unique value proposition on which position . 436 456 50 155 109 252 91 163