subject asian marketing management final report marketing activities in vietnam and the tet 2024 promotion plan of coca cola

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Executive Summary2.1 Market Summary3.2 Target Market3.4 Brand Positioning ModelIV.. Executive Summary2.1 Market Summary3.2 Target Market3.4 Brand Positioning ModelIV... Executive Summary

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VIETNAM GENERAL CONFEDERATION OF LABORTON DUC THANG UNIVERSITYFACULTY OF BUSINESS ADMINISTRATION

SUBJECT: ASIAN MARKETING MANAGEMENTFINAL REPORT

MARKETING ACTIVITIES IN VIETNAM AND THE TET 2024PROMOTION PLAN OF COCA-COLA

Lecturer: MBA Tran Nguyen AnGroup: Gia Dinh Phep Thuat

HO CHI MINH CITY, 6 DECEMBER 2023

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MEMBERSHIP ASSESSMENT TABLE

1 Phan Ly Na (Leader)

721H0665 3.1 Objective3.3 Insight3.5 StrategiesIV Tet 2024 Action Plan

Doing PPT

2 Phạm ThịDiệu Ngọc

721H0666 I Executive Summary

2.1 Market Summary

3.2 Target Market3.4 Brand Positioning Model

IV Tet 2024 Action Plan

Doing PPT

3 Tăng Mỹ

Ngọc 721H0078 3.3 Insight3.1 Objective3.5 StrategiesIV Tet 2024 Action Plan

Doing Word Report

4 Cao Phương Quỳnh Nhi

721H0092 I Executive Summary

2.1 Market Summary

3.2 Target Market3.4 Brand Positioning Model

IV Tet 2024 Action Plan

3

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Doing PPT

5 Dương Hà Phương

721H0496 I Executive Summary

2.1 Market Summary

3.2 Target Market3.4 Brand Positioning Model

IV Tet 2024 Action Plan

Doing PPT

6 Huỳnh Hoàng Trâm

721H0679 3.1 Objective3.3 Insight3.5 StrategiesIV Tet 2024 Action Plan

Doing PPT

7 Trần Ngọc Yến Vi

721H0684 2.2 SWOT Analysis

CompetitionIV Tet 2024 Action Plan

Doing Word Report

8 Nguyễn Hoàng Như Ý

721H0524 2.2 SWOT Analysis

CompetitionIV Tet 2024 Action Plan

Doing PPT

4

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4.5.1 Program "Goc Am" 95

4.5.2 The Launching Ceremony of Coca-Cola Tet 2024 Packaging 100

4.5.3 “Coca-Cola Countdown Party 2024” Music Fest 101

4.6 Digital Marketing 114

4.7 Timeline 1196

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4.8 Total Budget 120REFERENCE 124

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LIST OF IMAGES

Image 1 Top 10 Most Expensive Brands in The World in 2021 12

Image 2 Product Lines of Coca-Cola 14

Image 3 Largest Beverage Enterprise and Market Share 16

Image 4 Coca-Cola New Product Line Version 17

Image 5 Campaign Tet 2023 “Tet Dau Doi Thay - Dieu Ky Van O Day” 18

Image 6 Campaign FIFA World Cup 19

Image 7 Coca Cola Implements Waste Collection and Recycling Project 20

Image 8 Some Customer Comments on Social Media 21

Image 9 Pepsi’s “Mang Tet Ve Nha” Campaign 33

Image 10 Pepsi's Tet 2023 Campaign “Mang Tet Ve Nha” 34

Image 11 Mirinda Tet 2023 Campaign “Tet Mirinda - Tet Cuoi Tha Ga” 34

Image 12 7UP's Tet 2023 Campaign “Bat 7UP, Mo Tet Xom” 35

Image 13 Top 5 Tet TVCs According to Views 36

Image 14 Coca-Cola and Beverage Market 41

Image 15 "Taste the Feeling" Campaign 43

Image 16 "Real Magic" Campaign 44

Image 17 Coca-Cola Announces ‘A Recipe for Magic’ Global Campaign CelebratingConnective Power of Meals 44

Image 18 "Tet Dau Doi Thay, Dieu Ky Van O Day" Campaign 45

Image 19 Top 10 Most Chosen Brands in Beverages by Kantar Worldpanel Vietnam 48

Image 20 NSF International 49

Image 21 HACCP 50

Image 22 Tet Campaign “Cho Tet 0 Dong” 50

Image 23 Tet Campaign to Support for Families in The Vicinity of The Factory 51

Image 24 Coca-Cola’s Awards at MMA Smarties Vietnam Awards 2023 51

Image 25 Coca-Cola Cherry Zero Sugar 52

Image 26 Coca-Cola Tet 2024 Edition Packaging 558

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Image 27 New Packaging Made from 100% Recycled Plastic by Coca-Cola 55

Image 28 Coca-Cola Tet 2024 Edition Packaging 56

Image 29 Coca-Cola Bottles with New 2024 Packaging at Vending Machines 57

Image 30 Price List of Coca-Cola Original Taste on Bach Hoa Xanh Website 59

Image 31 Coca-Cola Tet 2024 Price on Cho Cam Tay 62

Image 32 Coca-Cola Tet 2024 Price on Karavan 62

Image 33 Coca-Cola Distribution Channels 63

Image 34 Coca-Cola's Online Sales Channel 64

Image 35 POSM Displaying Coca-Cola Vietnam's Tet Products 65

Image 36 Coca-Cola Is Present on Dining Tables across Vietnam 66

Image 37 Coca-Cola Color-Changing Glasses 72

Image 38 Coca-Cola Bottle Plush Bear 73

Image 39 Tour 10 Days – 9 Nights to 6 European Countries: France Belgium Netherlands - Germany - Switzerland - Italy 77

-Image 40 Gold Taels 9999 78

Image 41 Coca-Cola Band Watch 79

Image 42 Coca-Cola's Dangler Samples 81

Image 43 Coca-Cola's Divider Samples 82

Image 44 Coca-Cola's Gondola End Demo for Tet 2024 83

Image 45 Coca-Cola's Gondola End Demo for Tet 2024 in Supermarkets 84

Image 46 Coca-Cola's Gondola End Demonstration for Tet 2024 85

Image 47 Coca-Cola's Demo Display Island for the 2024 Lunar New Year 86

Image 48 Roadshow Bus Advertising 88

Image 49 Bus Wrap Advertising 89

Image 50 “COCA-COLA | DON TET MOI, DON NIEM TIN MOI” TVC 91

Image 51 Tet Spice Combo 99

Image 52 1 Crate of Coca Cola Tet 2024 Version 99

Image 53 Coca-Cola Tet 2024 Packaging 100

Image 54 New Packaging Launch Event 2024 1019

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Image 55 Coca-Cola Countdown Party 2024 Stage Demo 103

Image 56 Coca-Cola Countdown Party 2024 Stage Demo 103

Image 57 Photo Activity with Coca-Cola 104

Image 58 Prize for "Lucky Number" Mini-Game in Coca-Cola Countdown Party 2024 105

Image 59 Booking KOL Quynh Anh Shyn for Coca-Cola Countdown Party 2024 111

Image 60 Booking KOL Thay Beo U40 for Coca-Cola Countdown Party 2024 112

Image 61 Booking KOL Be Duy TikTok for Coca-Cola Countdown Party 2024 112

Image 62 Demo Post about Coca-Cola Countdown Party 2024 on Fanpage 113

Image 63 Demo Booking Kenh 14 Article after Coca-Cola Countdown Party 2024 114

Image 64 Demo Booking VNExpress Article after Coca-Cola Countdown Party 2024 114Image 65 Timeline Coca-Cola Tet 2024 Campaign 120

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LIST OF TABLES

Table 1 Indirect Competition 24

Table 2 Direct Competition 29

Table 3 Coca - Cola Carbonated Soft Drink Line Price List 58

Table 4 Prices of Coca-Cola Products on E-commerce Platforms 60

Table 5 Evaluation Criteria of Coca-Cola Display Booth Creative Contest 74

Table 6 “COCA-COLA | DON TET MOI, DON NIEM TIN MOI” TVC Script 92

Table 7 "Coca-Cola Countdown Party 2024" Event Agenda 107

Table 8 Total Budget Coca-Cola Tet 2024 Campaign 121

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I EXECUTIVE SUMMARY

Coca Cola is a brand belonging to Swire Pacific Limited corporation Coca Cola isconsidered a powerful empire in the beverage industry with prestige and widespreadpresence globally Coca Cola is in the top 10 most valuable brands in 2021 and is thenumber 1 best-selling soft drink company in the world despite fierce competition in thebeverage market

The brand is considered the 83rd largest "economy" in the world with 1.7 billion productsconsumed every day According to 2022 statistics, Coca-Cola has brought in about 43billion USD in revenue and a gross profit of 25 billion USD In 1960, Coca-Cola was firstintroduced in Vietnam and officially appeared in Vietnam in 1964 when the United Stateslifted the trade embargo After nearly 3 decades of presence in Vietnam, Coca-Cola withthe mission of "Innovating the world and making a difference" has affirmed its positionas one of the leading beverage companies This achievement was achieved when the

12Image 1 Top 10 Most Expensive Brands in The World in 2021

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company persistently pursued a sustainable development strategy based on three solidpillars: economy, environment and society.

In recent years, the Vietnamese bottled beverage industry market has clearly shaped thegroup of businesses that dominate the market, including 3 FDI enterprises: Suntory Pepsi,Coca-Cola, URC and 2 domestic enterprises The locations are Tan Hiep Phat and Masan.According to beverage industry magazine Beverage Digest (USA), Coca - Cola'scarbonated beverage market share is 52%, PepsiCo's is 21% Although it is ahead ofPepsi in the global market, in the Vietnamese market, because it came later, Coca - Cola'sexpansion of the distribution system proved weaker Coca-Cola develops in the directionof prioritizing emotional factors, connecting intimacy between relatives and friends.Pepsi, on the other hand, directs its brand to develop in a more modern, youthful anddynamic direction.

Swire Coca-Cola's financial report recorded a revenue of more than 5,600 billion VND inthe first 6 months of 2023 in the Vietnamese market, equivalent to a revenue of more than31 billion VND per day During the development process in Vietnam, Coca-Cola hasdeveloped 8 main beverage groups and continuously launched new products suitable tothe tastes of Vietnamese consumers such as Coca-Cola Lemona, Fanta Sarsi, Fanta peach,Aquarius and Minute Maid

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In addition, Coca-Cola also carries out a series of resonant brand love activities toincrease love for the brand such as "Share a coke with" or annual Tet campaigns On Tet2024, Coca Cola is expected to launch with a new advertising message: "Sac Rong PhonVinh, Niem Tin Nhu Y" through many activities such as advertising, promotions,communications, digital marketing, and e-commerce Images of dragons are oftenassociated with Asian culture as symbols of strength, luck and auspiciousness "NiemTin" here can be understood as belief in product quality, belief in the mission and valuesof the brand, as well as belief in positive experiences when enjoying Coca-Cola Bycombining the positive image of the dragon with the trust value of Coca-Cola, it not onlycreates a good cultural image but also emphasizes that Coca-Cola is not just a drink, butalso positive experiences and luck in everyday life Most of the budget is focused onadvertising with short films during Tet and sales promotion with the goal of promotingsales on diverse distribution channels, maintaining brand spirit, conveying messagesskillfully and effectively creative to attract young people while still continuing the goodtraditions of the Vietnamese people through many generations.

14Image 2 Product Lines of Coca-Cola

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II SITUATION ANALYSIS

2.1 Market Summary

In the present day, with increasing industrialization and the surge in modern lifestyles, thedemand for convenient and appealing bottled beverages, especially in Vietnam, where theclimate is hot and humid, has seen a significant rise The young population, particularlythose aged between 15 and 50, constituting 63% of the market, has a substantial demandfor refreshing drinks, propelling rapid growth in the beverage sector Consequently,numerous international enterprises have entered the Vietnamese market to capitalize onthis trend, including well-known brands such as Coca and Pepsi.

According to data from vtown.vn, carbonated drinks command a substantial 23.74% ofthe total market share in the beverage industry The average consumption of carbonateddrinks in Vietnam in 2020 was approximately 15.5 liters per person annually,underscoring the widespread popularity and consumer preference for this beverage indaily routines.

PepsiCo has maintained a leading position in the beverage industry for many consecutiveyears In 2022, Coca-Cola Vietnam secured the second position in this market Comparedto other competitors, especially domestic enterprises like Tan Hiep Phat, Coca-Cola hasfaced significant challenges in competition, encountering numerous obstacles.

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Additionally, as estimated by the Vietnam Beer - Alcohol - Beverage Association, thereare currently around 1800 establishments engaged in the production of beverages Theannual growth rate remains steady at 6-7%, a notable contrast to markets like France andJapan, which only anticipate a 2% annual growth Moreover, experts assess that theVietnamese beverage market has considerable room for expansion, with an expectedconsumer base of 1.454 billion people by 2027, indicating a promising outlook for futuredevelopment.

2.2 SWOT Analysis

2.2.1 Strength

The fame of the brand: Coca-Cola is a well-established brand in the Vietnamese

market with over 25 years of operation and development Its greatest strength liesin its high brand recognition According to Business Insider, a staggering 94% ofthe world's population recognizes the distinctive red and white logo of Coca-Cola.Furthermore, based on Wepar data, Coca-Cola secured the second position in theranking of the best-quality beverage brands in Vietnam in 2022.

Extensive distribution network: Leveraging its significant market share and

market dominance, Coca-Cola maintains high negotiation power with suppliers16Image 3 Largest Beverage Enterprise and Market Share

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and business partners Coca-Cola Vietnam owns three manufacturing plants in HoChi Minh City, Hanoi, and Da Nang to meet the demand across a tightly manageddistribution network, covering general trade, modern trade, and onlinemarketplaces According to the semi-annual report from Swire Coca-Cola,marketing and distribution in Vietnam recorded over VND 5,600 billion in revenuein six months, equivalent to over VND 30 billion per day.

Continuous innovation and improvements: Coca-Cola consistently engages in

research and introduces new product lines to meet customer needs, such as Cola Zero Sugar, Coca-Cola Light, and Coca-Cola Plus These innovations aredesigned to align with the cultural preferences of the Vietnamese people, asexemplified by the special Tet packaging.

Coca-17Image 4 Coca-Cola New Product Line Version

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Outstanding Marketing campaigns: The company places significant emphasis

on creating impactful marketing campaigns, advertisements, and promotions In2022, the marketing team allocated a substantial budget, spending USD 4.3 billionon advertising and investing billions in digital marketing and promotionalprograms globally In Vietnam, the brand has built a special connection withconsumers during the Tet holiday, featuring the prominent image of a goldenswallow on a red background To secure this position in the hearts of Vietnameseconsumers, the company invests heavily in advertising campaigns, such as the "TetDau Doi Thay - Dieu Ky Van O Day" campaign for Tet 2023 and campaignsrelated to the FIFA World Cup.

18Image 5 Campaign Tet 2023 “Tet Dau Doi Thay - Dieu Ky Van O Day”

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Affordable pricing for all social classes: In the Vietnamese market, Coca-Cola is

a popular product chosen by many as part of their daily routine Importantly, Cola is not only widespread across all social classes but is also priced affordably,catering to a diverse range of consumers, specifically priced at 6,000 VND for asmall 300ml bottle.

Coca-19Image 6 Campaign FIFA World Cup

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4.6 Digital Marketing

Run TVC Ads, Minigame, Music Fest

- Run short video ads (5-15 seconds) about TVC on Facebook, YouTube, TikTok.- Run ads about Minigame, Music Fest on Facebook, TikTok.

Minigame Activity: “Cung Coca-Cola Don Tet”

This is a great opportunity for the community to showcase their creativity through theprocess of recycling Coca-Cola can lids and sharing on the TikTok social mediaplatform Here are the steps to participate and attractive prizes.

+ Step 3: Submit images of the finished product and the link to your TikTok video tothe organizers via the attached link You will have a chance to receive prizes fromCoca-Cola if your product and video are highly rated.

+ Step 4: Wait for the results announced by the organizers.

- Prize Structure:

+ TikTok: Creative Prize

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Ngày đăng: 07/05/2024, 16:19

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