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Research Paper On Pepsico

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LAYS:

INTRODUCTION ABOUT PEPSICO:
• PEPSICO is globally known for its food and beverages.
• It is the leader in this industry with a revenue of more than $65 million and a portfolio of about 22 brands including LAYS.
• PepsiCo has 22 diverse product lines that provides a diversity of high quality products giving refreshment and nutrition.
PepsiCo brands are offered in nearly 200 countries and union territories.
PepsiCo is the 2nd largest producer of the soft drinks all over the world.
• PepsiCo was established in 1965 with the merger of Pepsi-Cola
• PepsiCo also owns restaurant chains like PIZZA HUT, KFC, TACO BELL under the name of Tricon Global Restaurants.
• Indra Krishnamurthy Nooyi is the CEO of PepsiCo.
• PepsiCo World Head …show more content…

The consumers get influenced by the wide range of flavors that they can choose from.
 The company does analyze the changing taste of the consumer and accordingly introduce new products in the market.
 Similarly PepsiCo does the market research and then launches the new flavors in the market according to the consumer needs.
 The product are made according to a high quality and branding is also taken into consideration.

II. Price:

 Lays uses the cost based price strategy.
 This means that lays decides the prices of the product according to the cost they incur while making the product.
 Lays cost includes various expenses like the machinery, electricity, manpower etc.
 Lays also keep the prices very reasonable and the product is of good quality that can help in customer satisfaction.

III. Place:

 Lays chips are one of the easiest product to find worldwide.
 Lays has the idea of selling their products at suitable locations that allows easy access.
 Lays has a very good distribution channel.
 Lays don’t sell their product on the internet as they have earned more profits from the big retailers and the small grocery shops.

IV. Promotion:

 Promotion includes all the advertisement activities that a company does to sell their

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