Coca-Cola is one of the most recognizable brands in the world. For the last seven years it has taken the number one spot on Business Week’s Best Global Brands chart and this is because Coca-Cola has always been in touch with its market and the changes that have taken place throughout each market.
One such change is the jump to using social media and a lot of companies have started to use this new source of connection to convey key messages to all anticipated target audiences. In this age, the Internet has become a full-blown source of information for the public and companies must learn to utilize such tactics if they are going to remain on the tip of the tongue.
Before we go into what Coca-Cola is doing to remain ahead of the competition, lets see what the options our there are.
When it comes to social media usage by companies, a link from Being Peter Kim’s blog entitled “A List of Social Media Marketing Example” takes us to a neat little pie chart of social media usage.
As you can see, blogging is the predominate force in social media pursuits but social networks, such as Facebook came in a very close second.
Both of these are used predominately by Coca-Cola with the Coca-Cola blog, Coca-Cola Conversations up and running and the second most popular page on Facebook being Coca-Cola’s.
Their blog is written by Coca-Cola historian and archivist, Phil Mooney and talks about the company’s “role in pop culture to brand history to Coke collectibles” and the site heavily encourages two-way conversations just like any blog and some of the posts have gotten a little bit of response from consumers.
The Facebook group that the company can call the second most popular page, was not even started by the company but by two fans. When Facebook changed its rules so that users couldn’t create branded Facebook pages, the company decided to work alongside the creators of the page and kept the page running. This was a smart move for the company because the site was so popular and would have had to been shut down. Coca-Cola realized the necessity of such a page for its fans and have welcomed it into their communication’s tactics.
While Coca-Cola has also entered the wave of online videos, one of the most interesting social media tactics it has taken on is creating a widget for Facebook that is called CokeTag. This widget allows users to create customizable Flash bookmark widgets that allow the user to make link connections on any topic that they are passionate about.
As you can see, Coca-Cola has really embraced the new world of social media in their pursuits of targeting to audiences and keeping the old favourites put. I can’t really think of any new took that the company should look into developing for their company and I think that their record as the best global brand speaks levels as to just how successful their tactics are.