Coca-Cola intends to focus more on customer loyalty and brand love rather than actual product sales. The soda giant believes that the former leads directly to the latter anyway. After all, it was two brand loyalists who helped propel Coke to prominence on Facebook in the first place. That page now has more than 5.5 million fans, second only to President Obama.
Joseph Tripodi, chief marketing and commercial officer for the company, says Coca-Cola has a new approach to customer engagement. The company wants to dig more deeply into social media and back up its paid advertising with other media projects. Tripodi says Coca-Cola will continue to create ads that reach people’s emotions and combine that with smart product placement.
Public relations consultant Alina Popescu elaborates in an EverythingPR blog post:
The new Coca-Cola strategy is to also determine those events or moments when people can be emotionally engaged and turning them into brand love and money generators. It might be a movie or the World Cup or the Olympics, but Coke plans to be there, both creatively and in all shops around the event. As they have before with the Super Bowl, the digital world will play a major part in their overall strategy.
The company has already had success in the digital world with My Coke Rewards, a brand loyalty program launched in 2006. The site has reached 14 million members, who type in about a million product codes every day. After releasing a company social media policy this past January, Coca-Cola has moved full steam ahead with its social media marketing experiments. Some recent ones include:
- “Join Fins” (April 2010) — In conjunction with Earth Month, there was a Facebook campaign where fans could “oceanize” themselves into an underwater photo and share it with their Facebook friends. Coca-Cola donated $1 for each person who used the app to Ocean Conservancy’s marine debris program, up to $200,000.
- Expedition 206 (January 2010) — A team of three had won a contest to travel to 206 destinations in 365 days spreading the Coke gospel, and their experiences are documented via social media. The campaign-specific Twitter account and YouTube channel don’t have many followers/subscribers — 1,470 and 850, respectively. M. Bamieh of ThoughtPick analyzed the campaign and discussed what may have gone wrong in his blog post “Coca Cola’s Expedition 206 Campaign — Learn Social Media by Example.”
- Live Positively (January 2010) — Facebook users could share a Coke-related virtual gift on the site and, in return, the company made a $1 donation to Boys & Girls Clubs of America. Gift givers also got a sneak peek at the company Super Bowl ads prior to their broadcast.
For a little more insight into Coca-Cola’s social media strategy, check out the two embedded items beneath the sources cited below. The first is video of the keynote presentation from Linda Cronin, Coca-Cola’s Media & Interactive Integrated Communications Director, at the 2010 IAB Social Media Marketplace. The second is a slideshow presentation from Michael Donnelly, Group Director of Coca-Cola’s Worldwide Interactive Marketing that gives examples of the company’s “fans first” approach to social media.
Source: “Coca-Cola pops new customer engagement philosophy,” Everything PR, 05/17/10
Source: “Brand Love as Important as Market Share for Coca-Cola,” EverythingPR, 03/11/10
Source: “Coca-Cola Dives Into New Social Media Campaign During Earth Month,” press release (PDF), 04/14/10
Source: “New Coca-Cola Ads Debuting During Broadcast Of Super Bowl Xliv Are Part Of Something Bigger,” press release, 01/27/10
Source: “Coca-Cola takes new approach to engagement,” WARC, 05/17/10
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