Top Banner
PepsiCo, Inc. Hispanic Marketing By: Erika Balderas 10310790 Nancy Valdez 20026459 Alex Valencia 10249971 MARK 3385.01 Dr. Arturo Z. Vasquez- Parraga November 22, 2010
13

We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Dec 17, 2015

Download

Documents

Cecily Lamb
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

PepsiCo, Inc. Hispanic Marketing

By:Erika Balderas 10310790Nancy Valdez 20026459 Alex Valencia 10249971

MARK 3385.01Dr. Arturo Z. Vasquez-ParragaNovember 22, 2010

Page 2: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

IntroductionWe examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community.

*To evaluate their performance and give recommendations, we used information provided by our survey outcomes and

Hispanic Marketing course.

Page 3: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Significant AchievementsAs one of the first major companies to engage in multicultural marketing, Pepsi is highly popular with Hispanic consumers.

• The Hispanic/Latino Advisory Board was created in the year 2000.

• Tropicana Products, Inc. joined the PepsiCo portfolio in 1998 and gives PepsiCo the strongest brand name in juice.

Page 4: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

SWOT Analysis• Strength: Has various Hispanic celebrities in their

campaigns and advertisements.• Weaknesses: Pepsi brand image amongst Hispanic is

not as competitive as Coca-Cola.• Opportunity: A growing Hispanic market• Threat: People are more health conscious so they

prefer healthy drinks and juices.

Page 5: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Products Most popular amongst Hispanics• Gatorade Xtremo• Sierra Mist• Tropicana Juice• Manzanita Sol• Ruffle Queso

“El Reventon del Sabor” (Mega Party of Fun and Savor) campaign, with singers Chayanne of Puerto Rico and Lucero

of Mexico, was dedicated to increase Doritos and Pepsi drinks sales amongst Hispanic consumers.

Page 6: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Existing Competition

Pepsi introduced in the year 1903 and Coca-Cola in 1886 have always been rivals over trying to dominate the carbonated soft drink market.

Pepsi Cola places itself in the cost leadership

Page 7: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Target Market

• no preference to income level• Hispanic youth 18-34 (using fashions, music

and brand usage)• second target is Hispanic mothers because they

are involved in grocery shopping 79% of the time

Page 8: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Marketing Strategies

• El Reventon Del Sabor• Yo Sumo• Pepsi Refresh Project

Page 9: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.
Page 10: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Survey Results

Page 11: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Survey Results

Page 12: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Survey Results

Page 13: We examined the existing marketing strategies and growing opportunities that PepsiCo, Inc. is practicing towards the Hispanic community. *To evaluate.

Recommendations• PepsiCo should focus more on making their products

healthier because they will become more attractive towards Hispanic consumers.

• PepsiCo should try to push scholarship donations to show that they have social responsibility over the Hispanic youth.