Talk Business Magazine September 2014 | Page 67

MARKETING Kimberly Davis Eat, sleep, advertise Coca Cola There are very few companies which have mastered the art of marketing, but there is one that stands out as a leader, says Kimberly Davis of Sarsaparilla Marketing F or a hundred years, Coca Cola has been the innovator and driving force in the world of marketing. It all started in 1886, when a pharmacist named Dr John S Pemberton created the world’s most popular drink. At first, he only sold nine servings a day. Now, there aremore than 1.9 billion cokes served globally every 24 hours. Coca Cola first promoted the product by giving out coupons offering free samples of the beverage. Whilst this seems common now, back in 1887, it was considered revolutionary. From there, the company started advertising campaigns featuring its logo with its unique script font. Of course, back at the turn of the twentieth century, advertising actually worked because people weren’t bombarded with so many forms of media. It allowed Coca Cola to leap forward and become the market leader, despite numerous imitators popping up. From day one, the company made sure to consistently promote the message of taking a break from the busy world to relax with a Coca Cola. One of the most popular slogans -“The pause that refreshes” - first appeared in the Saturday Evening Post in 1929, and has stuck with the company to this day. In the 1970s, Coca Cola dominated the market and reinforced this message further with the famous advert and song “I’d Like To Buy The World A Coke” (now you have it in your head, don’t you?). This summer, Coca Cola launched a new campaign printing various names on the back of the labels, with the message “Share a Coke with (insert name)”. This could be one of the most amazing marketing campaigns of all time. It is a fact that the most powerful word, to any person, is their name. Whenever any of us hear or see our name, it evokes a powerful feeling of connection within us. By printing our names on its bottles, Coca Cola is boldly connecting us to its product. It’s SECTION SPONSOR MARKETING_TB36_Kimcoca ola.ga.indd 67 Even more astonishing, is the fact that if we don’t see our name on a bottle, we seek them out to fulfill our need to belong making us feel special. Even more astonishing, is the fact that if we don’t see our name on a bottle, it’s making us seek them out to fulfill our need to belong. What happens if you can’t find your name? No problem. You can go to http://www .cocacola.co.uk/share-a-coke and actually type your name onto a bottle, have it custom made and delivered to your door! Needless to say, the campaign has gone viral. Social media sites such as Twitter and Facebook are exploding with people taking pictures of their names, and their friend’s names, on the back of bottles and posting the pictures online. Coca Cola has ended this promotion by thanking its customers via advertising campaigns that read “Thanks for sharing a Coke with us this summer”, and rightly so. The campaign helped increase sales by 4.93%. It’s not just marketing, but an amazing use of consumer psychology that makes Coca Cola one of the world leader, and a company we can all learn from. Download Kimberly’s free e-book “7 Deadly Marketing Mistakes Destroying Your Business, Right Now (and you don’t even know it) now at www.sarsaparillamarketing.com talkbusinessmagazine.co.uk 67 29/08/2014 12:41