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Educating the world for a better change
,WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore, the documents provided here including past assignments, tests
and notes are intended SOLELY for educational purposes and as a guide to help
students understand academic concepts and improve their writing skills. These
materials should not be submitted as final work, as doing so may constitute academic
dishonesty. Students are encouraged to use them as reference points, develop their
own understanding and produce original work that reflects their knowledge and critical
thinking. Students are also encouraged to regenerate their own (personalized)
solutions paying particular attention to module contents as prescribed by module
facilitators, lecturers and supervisors. If this document is plagiarized by the users and
fails, ELITE ACADEMIC INSTITUTE should not be rendered accountable since the
contents in this document only give learners a kick-start on what is expected of them
from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE ALL THE INFORMATION IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENTS
Educating the world for a better change
, Start here
Question 1 (25 Marks)
Discuss the impact of evolving consumer preferences on Coca-Cola's decision to
introduce Coca-Cola Spiced. In your answer, analyse how trends such as increasing
demand for spicier snacks and beverages influence product development and
marketing strategies. Use relevant marketing theories and examples to support your
analysis.
Introduction
Consumer preferences are constantly evolving with the coming into play of changes
in culture, health-conscious activities, and flavour experimentation (Kotler & Keller,
2016). There has been a significant uptrend in demand for spicier and bolder flavours
for snacks and beverages in the last few years, which can be seen in products such
as Flamin' Hot Cheetos and Sweet Heat Starburst. In recognition of this trend, Coca-
Cola launched Coca-Cola Spiced, its first permanent new flavour in North America in
three years. This essay investigates how changing consumer preferences have
influenced Coca-Cola's product development and marketing strategies. Among others,
it discusses the upsurge in demand for spicier flavours, the prevailing status of market
research, and Coca-Cola's shift toward the young segment. The application of relevant
marketing theories, such as consumer behaviour, product innovation, and sensory
marketing, will then help succinctly explain the strategic actions undertaken by the
company concerned.
i. The Rise of Spicy and Bold Flavors in Consumer Preferences
Changing Taste Palates and Market Trends
The case study highlights that consumers’ taste preferences have evolved, with an
increasing demand for spicier, bolder, and more complex flavours. This shift is
evident in the success of snacks like Flamin’ Hot Cheetos and Sweet Heat
Starburst, which combine sweetness with heat.
Educating the world for a better change
Ac sti
te
tu
Eli
te
he
de
W
re a
G ra eM
d u a t e s Ar
Educating the world for a better change
,WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore, the documents provided here including past assignments, tests
and notes are intended SOLELY for educational purposes and as a guide to help
students understand academic concepts and improve their writing skills. These
materials should not be submitted as final work, as doing so may constitute academic
dishonesty. Students are encouraged to use them as reference points, develop their
own understanding and produce original work that reflects their knowledge and critical
thinking. Students are also encouraged to regenerate their own (personalized)
solutions paying particular attention to module contents as prescribed by module
facilitators, lecturers and supervisors. If this document is plagiarized by the users and
fails, ELITE ACADEMIC INSTITUTE should not be rendered accountable since the
contents in this document only give learners a kick-start on what is expected of them
from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE ALL THE INFORMATION IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENTS
Educating the world for a better change
, Start here
Question 1 (25 Marks)
Discuss the impact of evolving consumer preferences on Coca-Cola's decision to
introduce Coca-Cola Spiced. In your answer, analyse how trends such as increasing
demand for spicier snacks and beverages influence product development and
marketing strategies. Use relevant marketing theories and examples to support your
analysis.
Introduction
Consumer preferences are constantly evolving with the coming into play of changes
in culture, health-conscious activities, and flavour experimentation (Kotler & Keller,
2016). There has been a significant uptrend in demand for spicier and bolder flavours
for snacks and beverages in the last few years, which can be seen in products such
as Flamin' Hot Cheetos and Sweet Heat Starburst. In recognition of this trend, Coca-
Cola launched Coca-Cola Spiced, its first permanent new flavour in North America in
three years. This essay investigates how changing consumer preferences have
influenced Coca-Cola's product development and marketing strategies. Among others,
it discusses the upsurge in demand for spicier flavours, the prevailing status of market
research, and Coca-Cola's shift toward the young segment. The application of relevant
marketing theories, such as consumer behaviour, product innovation, and sensory
marketing, will then help succinctly explain the strategic actions undertaken by the
company concerned.
i. The Rise of Spicy and Bold Flavors in Consumer Preferences
Changing Taste Palates and Market Trends
The case study highlights that consumers’ taste preferences have evolved, with an
increasing demand for spicier, bolder, and more complex flavours. This shift is
evident in the success of snacks like Flamin’ Hot Cheetos and Sweet Heat
Starburst, which combine sweetness with heat.
Educating the world for a better change