Competitive advantange of Coca Cola zero sugar
Competitive advantange of Coca Cola zero sugar RYlBk
In 2005 the Coca Cola Company introduced Coca Cola Zero Sugar to the market, this product was featured as innovated for being sugar and calories free (Coke Zero Original, n. d. ). In this case study, we tried to explore if “the fact that Coca Cola Zero sugar is sugar-free and calorie-free generates a competitive advantage over other soft drinks in the perception of the end consumer”, to answer this interrogation we conducted an online survey where 17 people participated.
Our initial question had the purpose to find out how many of the interviewed were soft drink consumers. In that case the survey showed that of the total number of people interviewed, 76. 5 % answered that they consume soft drinks, on the other hand 23. 5 % answered that they do not consume soft drinks, this shows that the majority of our respondents are soft drink consumers.
When asked about the type of soft drinks respondents would choose, 58. 8% prefer classic soft drinks, 35. 3% prefer Zero Sugar soft drinks and 5. 9% indicate that they would choose Diet soft drinks. This response gives us an idea that people still prefer the classic flavour over the other options on the market. Similarly, when the same people were asked if they would pay a higher price for a sugar-free and calorie-free soft drink, we found that 41. 2% responded with a “yes”, this result coincides with the percentage of people who prefer zero sugar and diet drinks.
However, although a high percentage of people answered that they would be willing to pay for a sugar-free or diet drink, when asked what they look for in a soft drink 58. 8% responded: “flavour”, 23. 5% responded: “price” and only 17. 6% responded: “ingredients”. This is contradicted by the responses to the question in a scale of 1 to 10 (1 being not likely and 10 being extremely likely) of whether the ingredients of a soft drink influence their purchasing decision, where more than 50% said “yes” on the scale of moderate to extremely likely.
In our survey's neuralgic question about how much people value a soft drink being sugar and calorie free in a scale of 1 to 10 (1 being not important and 10 being very important), we discovered that costumers perceived value varies, with a majority of 47. 1% participants think it is very important (scale 8-10), some of the participants gives it a moderate importance (scale 5-7), and a minority of participants value as not important (scale 1-4).
From the information provided by the survey it is clear that the majority of respondents agree that the fact that Coca Cola Zero Sugar does not contain sugar or calories gives it an advantage over its competitors because they perceive it as a healthier drink than the classic ones.
In this order of ideas, we can conclude that the general perception of the respondents is that Coca Cola Zero Sugar has a competitive advantage in the market, not only because Coca Cola brand has a strong market positioning but because it clearly generates in the final consumer a perception of being a healthier product compared to other soft drinks, highlighting the importance that people nowadays give to a healthy lifestyle.
In 2005 the Coca
Cola
Company
introduced Coca
Cola
Zero
Sugar
to the
market
, this product
was featured
as innovated for being
sugar
and calories free (Coke
Zero
Original, n. d.
)
.
In this case
study, we tried to explore if “the fact that Coca
Cola
Zero
sugar
is sugar-free and calorie-free generates a competitive advantage over
other
soft
drinks
in the perception of the
end
consumer”, to answer this interrogation we conducted an online survey where 17
people
participated.
Our initial question had the purpose to find out how
many
of the interviewed were
soft
drink
consumers.
In that case
the survey
showed
that of the total number of
people
interviewed, 76. 5 % answered that they consume
soft
drinks
, on the
other
hand 23. 5 % answered that they do not consume
soft
drinks
, this
shows
that the majority of our
respondents
are
soft
drink
consumers.
When asked about the type of
soft
drinks
respondents
would choose, 58. 8%
prefer
classic
soft
drinks
, 35. 3%
prefer
Zero
Sugar
soft
drinks
and 5. 9% indicate that they would choose Diet
soft
drinks
. This response
gives
us an
idea
that
people
still
prefer
the classic flavour over the
other
options on the
market
.
Similarly
, when the same
people
were asked
if they would pay a higher price for a sugar-free and calorie-free
soft
drink
, we found that 41. 2%
responded
with a “yes”, this result coincides with the percentage of
people
who
prefer
zero
sugar
and diet drinks.
However
, although a high percentage of
people
answered that they would be willing to pay for a sugar-free or diet
drink
, when asked what they look for in a
soft
drink
58. 8%
responded
: “flavour”, 23. 5%
responded
: “price” and
only
17. 6%
responded
: “ingredients”. This
is contradicted
by the responses to the question in a
scale
of 1 to 10 (1 being not likely and 10 being
extremely
likely) of whether the ingredients of a
soft
drink
influence their purchasing decision, where more than 50% said “yes” on the
scale
of moderate to
extremely
likely.
In our survey's neuralgic question about how much
people
value a
soft
drink
being
sugar
and calorie free in a
scale
of 1 to 10 (1 being not
important
and 10 being
very
important)
, we discovered that costumers perceived value varies, with a majority of 47. 1% participants
think
it is
very
important
(scale
8-10),
some of the
participants
gives
it a moderate importance
(scale
5-7), and a minority of participants value as not
important
(scale
1-4).
From the information provided by the survey it is
clear
that the majority of
respondents
agree
that the fact that Coca
Cola
Zero
Sugar
does not contain
sugar
or calories
gives
it an advantage over its competitors
because
they perceive it as a healthier
drink
than the classic ones.
In this order of
ideas
, we can conclude that the general perception of the
respondents
is that Coca
Cola
Zero
Sugar
has a competitive advantage in the
market
, not
only
because
Coca
Cola
brand has a strong
market
positioning
but
because
it
clearly
generates in the final consumer a perception of being a healthier product compared to
other
soft
drinks
, highlighting the importance that
people
nowadays
give
to a healthy lifestyle.
Do not write below this line