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Coca-Cola to Diversify into Alcohol

March 7, 2018

After 125 years of promoting the clean-living American dream style image associated with Coca-Cola, the company has recently announced plans to diversify their product range into alcohol.  The new alcopop style drink will launch in Japan in response to a recent surge in demand amongst Japanese consumers for a rival drink called Chu-Hi.  Should this move be seen as a surprise given Coca-Cola's dominance of the soft drinks market?  This perhaps is a natural extension for their product portfolio but how will this impact upon the brand as it becomes associated with a product that is encouraging consumers (especially younger consumers) to drink alcohol.

 

A great little article to make use of when introducing the product mix, extension strategies and marketing strategy. [Click image to read full article]

 

 

 

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