This is a discussion on how an advertising strategy can overestimate itself within the Business Planning forums, part of the Starting your business category; In India, Coca Cola overvalued the pull of its brand . Coke based its advertising strategy on its worldwide image and ...
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In India, Coca Cola overvalued the pull of its brand . Coke based its advertising strategy on its worldwide image and then watched the advantage slip to Pepsi. which had adopted its campaign that was oriented towards the Indian market.
A senior executive of coke later remarked " We are so successful in international business that we applied a tried and true formula ... and it was a wrong formula to apply in India " Now coke is repositioning itself by using local heroes like cricketers in its campaigns,
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