Sunday, 17 May 2020

How Coca-Cola Adapts to a Changing Market Environment


• 5th most valuable brand in the world generated more than $31 billion in 200+ territories.

• Lost about a third of its revenue due to high sugar content in its fizzy drinks and increasing health awareness.

• In the first quarter of 2019, its revenue increased 5.2% compared to its previous first quarter results.



• How did Coca-Cola do this and came back on the track?

• In 2018, Coca-Cola bought Costa Coffee, a coffee chain popular in UK and increasingly in China. It even has stores in selected metros of India.

• The company now owns a number of Tea, Water and Juice brands which are healthier and can also charge premium.

• Big Brands survive by continuously adapting to the changes in their environments.

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