Coca-Cola gears up to secure market lead

0 Comment(s)Print E-mail China Daily, November 28, 2023
Adjust font size:

Large bottles of Coke, Sprite and Minute Maid are adorned with a floating paper dragon in vibrant red and gold hues at the Coca-Cola China headquarters in Shanghai.

Soon, such displays will be seen not only in urban supermarkets, but also at grocery stores in rural areas.

As the Year of the Dragon approaches, beverage players like Coca-Cola are going the whole distance to gain the upper hand during the pivotal yearly shopping battleground.

The company is adding a local twist to create better experiences for, and more engagement with, consumers, including products inside larger packaging suitable for sharing with friends and family, and digital red envelopes, said Gilles Leclerc, president of Coca-Cola Greater China and Mongolia.

Elevating the consumer experience aligned to catering and celebratory occasions matters to the 137-year-old US beverages company, Leclerc said.

"We still need to get deep into the science part of our products, which means understanding the consumers very well. Then we can incorporate a little bit more art."

Having been in charge of Coca-Cola's operations in China for nearly a year, Leclerc said he feels amazed at the marketplace's growth — most visible in catering, on-premise coffee chains and digitization.

"We need to remain open ... this marketplace is constantly evolving and is shaping. It's not 'one size fits all'," Leclerc said in an interview with China Daily last week.

He said it is crucial to make long-term investments, keeping in mind the categories to get into.

"If you look at it, we could play into 20 different categories. It's vast. We need to stay humble into what is our right to win. Businesses need to focus more on core categories."

Boosted by consumers' health and well-being needs, sparkling beverages, juice, RTD (ready-to-drink) coffee and tea are the four pillars that will drive future growth for Coca-Cola China, said the executive.

The company will also continue to invest in its star sparkling products — Coke, Sprite and Fanta.

"When you look at competition coming in the sparkling category, it means that category has a lot of legs that can stretch through generations. There is still a very low per capita consumption, which means more room to grow," Leclerc said.

To resonate better with local consumers, the company has made efforts to add more "fun and innovations" into its sparkling products through various flavors and packaging.

"The occasion and the brand connection are areas where we can innovate, and then the channel, the pack and the price architecture is something that also animates us a lot," Leclerc said.

Such efforts helped to encourage local communities to discover new ways to blend Coca-Cola drinks with local cuisine, such as the combination of Sprite with hotpot in Sichuan province.

According to the National Bureau of Statistics, in the first half, the retail sector in China grew 6.8 percent year-on-year to 20.3 trillion yuan ($2.84 trillion), with the catering sector up 21.4 percent to 2.4 trillion yuan.

Jason Yu, general manager of Kantar Worldpanel China, said, "It is critical for Coca-Cola to maintain its leadership within the carbonated soft drinks market while strengthening its position in those adjacent sectors."

Coca-Cola's juice brand — Minute Maid Pulpy — has further reached villages and counties in China, Leclerc said.

The company's third-quarter earnings results showed that juice, value-added dairy and plant-based beverages grew 2 percent globally, primarily driven by the growth of Minute Maid Pulpy in China and other brands.

The tea and coffee categories are also high on Coca-Cola's agenda." We enhanced our unsweetened tea, Authentic Tea House, using a special cold-brewing technology to elevate its flavor," Leclerc said.

To better execute marketing innovations, Coca-Cola China is enhancing ties with local bottling partners, COFCO Coca-Cola and Swire Coca-Cola.

Leclerc said: "We act as one team. We actually come up with a strategy jointly. It has to be the three of us looking at the holistic opportunities of the market."

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 深夜福利视频导航| 一级**毛片毛片毛片毛片在线看| 美妇乱人伦交换小说| 国产特级毛片aaaaaa毛片| 一级黄色a毛片| 欧美va亚洲va在线观看蝴蝶网| 午夜免费不卡毛片完整版| 深爱婷婷激情网| 性XXXXBBBBXXXXX国产| 亚洲午夜久久久久妓女影院| 精品国产亚洲AV麻豆| 国产日韩综合一区二区性色av| 97久久国产亚洲精品超碰热| 无遮挡韩国成人羞羞漫画网站| 亚洲欧洲日产专区| 美女被奶乳羞羞漫画在线| 国产精品videossex国产高清| 一级做a爰片性色毛片中国| 日韩精品视频美在线精品视频| 伊人久久精品无码AV一区| 韩国毛片在线观看| 国产美女精品视频免费观看| bt天堂在线www最新版资源在线| 日本精品3d动漫一区二区| 亚洲欧美性另类春色| 精品香蕉一区二区三区| 国产一级毛片在线| 青草视频入口在线观看| 国产肝交视频在线观看| 99在线精品免费视频| 我和岳乱妇三级高清电影| 亚洲av本道一区二区三区四区| 狠狠色综合7777久夜色撩人| 国产亚洲av片在线观看18女人| 永久免费在线观看视频| 国内精品影院久久久久| 丁香六月婷婷在线| 成人性生交大片免费看午夜a| 久热这里只有精品视频6| 正能量网站不用下载免费观看视频软件 | 欧美激情综合色综合啪啪五月|