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Research Paper On 4ps Of Diet Coke

Decent Essays

4Ps of Diet Coke
A marketing tool which is used to target a particular segment.
It consists of 4Ps:-
• PRODUCT
• PRICE
• PLACE
• PROMOTION

PRODUCT:-
Diet Coke is a suger-free Coke Cola flavored beverage.

Product Variety:- Diet Coke Caffeine free, Diet Coke with Lemon, Diet Coke With Lime, Diet Black cherry vanilla Coke, Diet Coke Plus, Diet Coke sweetened with splenda.

Brand Name:- It is registered Under “Coke Cola Company” which is a well-known name in the world of beverages.

Quality: - Sugar-free carbonated drink with low calories and as well as it is available in caffeine free variant.

Service:-Refreshes and gives taste to health conscious peoples in the form of carbonated water.

Size:- The product …show more content…

It follows following pricing strategies:
• Psychological pricing strategies:- Coca-Cola uses psychological pricing strategy for its product. For instance when you go to Imtiaz super market or Chase up you will find the price of a Can (tin 330ml) as Rs.28.85/ it means originally the consumer is paying 29/- but it gives a psychological impression to consumer that he is paying less.
• Promotional Pricing strategies:-Coke also uses the promotional pricing strategy. In store that cell Coca-Cola, prices are often temporarily priced below the list price to increase short-run sales. It gives the product a sense of urgency and customers purchase the product because of the lower price
• International pricing:- one of the important strategy of the company is International pricing. The price is set on the basis of economical conditions and other demographic psychological and social factors of country to country. For instance price of Diet Coke in china is different than in US. Price of 1.5liter bottle Price of no return bottle(disposable) Price of standard size returnable

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