Marketing is relatively a very
young stream having
emerged in the early 1900s, as compared to
economics, production and operations, accounting and other business
areas. In point of fact, marketing orientation evolved from
earlier orientations, namely production orientation, product orientation
and selling orientation.
Marketing itself has been changing considerably as
consumers' tastes and preferences are changing rapidly. Recent developments
in marketing include relationship marketing (with focus on
the consumer) and social marketing (with focus on benefits to
society). Advances in marketing also look at greater degrees of segmentation
and customization, even going to the level of one-to-one marketing.
Marketing consists of strategies and tactics used to identify,
create and maintain satisfying relationships with customers that result in
value for both the customer and the marketer. Successful marketing
is what separates the winners from the losers, as successful
marketing focuses on making the competition unimportant by making other
things more important, i.e., those which are not addressed adequately by
the competitors.
Coca-Cola India (CCI) has a robust distribution network built
in association with its bottling partners and contract manufacturers.
In urban areas, it distributes products directly from the bottling plants
to retailers. However, for covering rural areas, it has adopted a three-tier
`hub and spoke' distribution model, to reach remote areas in a
cost-effective manner. |