1. In what ways did the introduction of no-sugar variants (such as Coke No Sugar and Fanta...
Question:
1. In what ways did the introduction of ‘no-sugar’ variants (such as Coke No Sugar and Fanta Light) affect the overall product mix of Coca-Cola?
In 2018, in response to growing public concern about Australians’ sugar consumption, members of the Australian Beverages Council signed a pledge to reduce sugar in their product portfolios by 10 per cent by 2020 and 20 per cent by 2025. In a bid to achieve this goal, Australia’s largest beverage manufacturer, Coca-Cola Australia, accelerated its voluntary reformulation program (see Exhibit 8.10). This meant a change in Coca-Cola’s product mix, with the company reducing or removing sugar from 25 products since 2015. This program includes several of its most popular brands, such as Sprite and Fanta.
Step by Step Answer:
Marketing
ISBN: 9781760423889
3rd Edition
Authors: Dhruv Grewal, Michael Levy, Shane Mathews, Paul Harrigan, Tania Bucic, Foula Kopanidis