Coke is an amazing brand leader. This company has been busy developing its brand since the day it was started.
To me I see a few simple key take aways that we can learn from Coke and how to build a brand.
Know your audience-Who are you talking to and what do you want to get across to them. What will your brand bring to them that no other brand can. How do you seperate your self out from the rest of the clutter? However this brings up an interesting question. Should you find what people want and then make it or should you make what you want and find the people that want it. To me the answer is simple you must make what you want and find the people. However there must be a need for it!
Classic is not always bad- A simple rule to look at. I see that many cmpanies today are trying to be the new thing. They are trying to be the next big trend. However a trend is just that. It is NOT permanant. Trends die off but classics stay forever.
Stick to what you know- Coke has brancehd out into different areas of the refreshmen biz but it has kept them under a seperate label. Even looking at Diet Coke it is Diet Coke not Diet Coca-Cola. The Coca-Cola name has once owner only and it makes it their flagship brand. This is a problem that I see Pepsi running into. You can say you want a pepsi but do you mean a diet pepsi or a regular Pepsi? It blinds the brand.
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