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Coca-Cola introduces new marketing model

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The Coca-Cola Company today named WPP as Global Marketing Network Partner to assume a key part in executing another advertising model that is worked to drive long haul development for the whole organization’s arrangement of brands across in excess of 200 nations and domains.

“Their offices like McCann and Mercado will keep on being key accomplices for the organization.”

Coca-Cola’s new, incorporated organization model is essential for a forceful plan to change and modernize promoting and development as key drivers of the organization’s beneficial development. “Buyers react to a whole encounter – they don’t separate the message from the medium – and that is the reason we’ve planned an organization model to be genuinely shopper driven and storehouse free,” said Manolo Arroyo, worldwide head showcasing official for The Coca-Cola Company. “This model is about consistent reconciliation of the force of large, striking thoughts and imagination inside encounters, intensified by media and information. It will empower us to make start to finish encounters that are grounded in information rich experiences and upgraded ongoing, at scale, as we gain from shoppers.”

The new organization model has four parts:

1. A Global Marketing Network Partner to oversee start to finish innovative, media, information and showcasing innovation, across the entire portfolio.

2. A Complementary Media Partner to get separated capacities select business sectors.

3. A Strategic Roster of endorsed offices to give admittance to the best imaginative personalities, paying little mind to their area or connection.

4. A typical information and innovation stage that interfaces showcasing groups of five worldwide classifications, nine working units, Global Ventures and Platform Services to the Global Marketing Network Partner, Complementary Media Partner and Strategic Roster.

Worldwide Marketing Network Partner

OpenX, the tailor made WPP group, will give start to finish abilities across imaginative, media and information to fill in as the Global Marketing Network Partner for Coca-Cola’s brands. The expansiveness and profundity of the association is extraordinary for Coca-Cola and is relied upon to be an impetus in the change of showcasing viability and proficiency. It is likewise extraordinary for the business, given its scale and topographical reach, including in excess of 200 nations and regions; the organization’s five-classification refreshment portfolio; and Global Ventures, including honest and Costa.

“As we planned our new advertising working model, it turned out to be progressively certain that straightforwardness was basic to effectively working an immense topographical and broadened business organization, which likewise incorporates our packaging framework,” Arroyo said.

“I’m pleased to join forces with WPP as we speed up our promoting change. We were dazzled by WPP’s capacity to adjust the stuff to convey incorporated shopper encounters at a worldwide scale with the readiness, speed and information driven experiences that are needed to win locally. WPP will bring inventive greatness and unrivaled promoting abilities at a worldwide scale that no other organization can convey.”

“We are pleased to be delegated as The Coca-Cola Company’s Global Marketing Network Partner, an impetus for its change and development, and to bring the exceptional imagination, information rich bits of knowledge and media ability expected to make associated purchaser encounters,” said Mark Read, CEO of WPP.

“This association, incorporating our capacities across content, media, information, creation and innovation, working locally and universally, will supplement The Coca-Cola Company’s worldwide arranged association. It’s unmatched in our industry as far as expansiveness and profundity of abilities, and mirrors WPP’s scale and stretch all throughout the planet. I’d prefer to express gratitude toward Manolo Arroyo and his groups in making this intense stride with WPP. Our accomplishment in the business’ greatest at any point pitch is demonstration of the ability and difficult work of many individuals across WPP and our organizations, and to the strength of our basic, incorporated proposal to customers.”

Integral Media Partner

The organization additionally reported that Dentsu has been named Complementary Media Partner in chosen markets where they bring particular qualities.

“Dentsu is a mind boggling organization that joins rich human bits of knowledge with the main edge investigation and innovation abilities needed to plan and execute associated buyer encounters,” Arroyo said. “They are the ideal integral accomplice for us, acquiring particular qualities a portion of our most noteworthy need regions.”

Vital Roster

Coca-Cola will likewise guarantee it approaches the world’s best makers through the advancement of an open-source inventive model. “We realize splendid imaginative thoughts come from anyplace, and we will hold that adaptability,” Arroyo said.

Publicis Groupe and IPG both performed emphatically during the survey interaction, showing driving edge capacities, creative thoughts and noteworthy ability. Different organizations from the two organizations have been chosen for Coca-Cola’s Strategic Roster and will assume key parts in the open-source model, which is relied upon to represent 33% of all showcasing work.

“I need to especially perceive the work performed by the other finalist, Publicis Groupe. Publicis exhibited being a remarkable organization with a strong vision that tested our reasoning, making it one of our most difficult business choices we have stood up to, given its elite capacities,” Arroyo said. “Offices like Publicis and Leo Burnett mix imagination with information and innovation, and I’m eager to work with them as a component of our essential program.”

“IPG has reliably exhibited an enthusiasm for Coca-Cola marks and conveyed a portion of our most significant work all throughout the planet,” Arroyo said.

“Their organizations like McCann and Mercado will keep on being key accomplices for the organization.”

Execution of the new showcasing model will start right away. PwC prompted on the Global Marketing Network Partner and Strategic Roster audits, and MediaSense was the specialist on the Complementary Media Partner survey.

Regarding The Coca-Cola Company

The Coca-Cola Company (NYSE: KO) is a complete refreshment organization with items sold in excess of 200 nations and domains. Our organization’s motivation is to revive the world and have an effect. We sell different billion-dollar brands across a few drink classifications around the world. Our arrangement of shining soda pop brands incorporates Coca-Cola, Sprite and Fanta. Our hydration, sports, espresso and tea brands incorporate Dasani, smartwater, vitaminwater, Topo Chico, Powerade, Costa, Georgia, Gold Peak, Honest and Ayataka. Our nourishment, juice, dairy and plant-based drink brands incorporate Minute Maid, Simply, honest, Del Valle, fairlife and AdeS. We’re continually changing our portfolio, from lessening sugar in our beverages to putting up creative new items for sale to the public. We try to emphatically affect individuals’ lives, networks and the planet through water recharging, bundling reusing, maintainable sourcing practices and fossil fuel byproducts decreases across our worth chain. Along with our packaging accomplices, we utilize in excess of 700,000 individuals, carrying monetary freedom to neighborhood networks around the world.

Business

Fair market, fair play: UAE’s new law ensures level playing field for businesses

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If you’re running a business in the UAE, there’s a new rule you’ll want to know about. In a major move to keep the market fair and open for everyone, the UAE has introduced new competition regulations aimed at preventing monopolies and making sure no single company dominates an industry.

“This is an important step because of the maturity of our market,” said Abdullah Ahmed Al Saleh, Undersecretary of the Ministry during a media roundtable.

Under the Regulation of Competition federal law, any business that controls more than 40 per cent of total sales in its sector or earns over Dh300 million in revenue per year will now have to notify regulators. The idea? To stop companies from getting too big and blocking out competition, ensuring a level playing field for all businesses — big or small.

So, What Happens If a Company Hits That 40% Mark?

Once a company reports its dominant position, the Ministry of Economy has 90 days to review the case (with a possible extension of 45 days). If regulators reject the request, the company can’t move forward with business expansions, mergers, or acquisitions.

To avoid hitting roadblocks, businesses can also submit proposals to show they’re taking steps to prevent unfair competition.

Are There Any Exceptions?

“Exceptions are allowed on some conditions,” said Al Saleh. 

“One is, if the industry is owned totally by the government or if a company has a declaration from the government that this company will be exempted from the law.”

Any company which falls into a sector that has specific laws will also be exempted.  “For example, if we are talking about telecommunication, then TDRA will be the regulatory authority to implement the anti-competition in that industry,” he said. 

“In the absence of a specific sectoral law, this law will be implemented in coordination with the Ministry of Economy.”

Why Now?

“We first introduced an anti-competition law in 2012, but some sectors were excluded. Now, all industries are covered. Plus, we needed to keep up with advancements in technology and the digital economy,” Al Saleh said.

By setting clear limits on market dominance, the UAE hopes to create a more balanced business environment where startups and new businesses have a fair shot at success.

With over 1.1 million companies and economic institutions in the UAE, this law is expected to shake up the market—making it fairer, more competitive, and more welcoming for new players.

So, if you’re running a business in the UAE, it’s time to pay attention to these new rules—because fair competition just became the new normal!

(Inputs from Khaleej Times)

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Announcements

Why yacht owners will soon set sail for the UAE

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As the Dubai International Boat Show 2025 gets underway on Wednesday, February 19, the Emirate has announced a new Golden Visa scheme for yacht owners, offering a 10-year residency. This initiative follows Abu Dhabi’s December announcement of Golden Visas for superyacht owners.
The General Directorate of Residency and Foreigners Affairs has already shared key details of this scheme, with more expected to be revealed during the event, running until February 23.
Key Benefits of the UAE Golden Visa for Yacht Owners
Extended Stay Flexibility: Golden Visa holders can stay outside the UAE for more than six months without losing their residency.
Long-Term Residency: The visa is valid for 10 years and is renewable.
Family Sponsorship: Immediate family members can be included in the visa benefits.
Boost for Maritime Tourism and Investment
Dubai’s decision to extend the Golden Visa to yacht owners aims to enhance maritime tourism and attract high-net-worth individuals to invest in the UAE’s thriving luxury sector.

Salient features of the UAE Golden Visa

How Much Does the Visa Cost?
As of 2023, the Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) set the cost of the Golden Visa at Dh1,250.
Income and Investment Requirements
To qualify for the 10-year visa, applicants must meet one of the following financial criteria:
Income: Professionals in sectors such as healthcare, media, and IT must earn at least Dh30,000 per month.
Investment: Applicants can qualify by:
Investing Dh2 million in property (no minimum upfront payment required).
Investing Dh2 million in an investment fund.
Golden Visa Renewal Process
The visa is renewable every 10 years, provided the applicant continues to meet the eligibility requirements.
With the UAE’s push to attract yacht owners through this long-term visa scheme, Dubai and Abu Dhabi are solidifying their position as premier maritime hubs, offering unparalleled luxury and investment opportunities.
(with input from Khaleej Times)

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Companies

From top chefs to food tech, why Gulfood 2025 is a must-visit

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The 30th edition of Gulfood, the world’s largest annual F&B event, is underway at the Dubai World Trade Centre until February 21, 2025. Under the theme The Next Frontier in Food, this global gathering brings together industry pioneers, top chefs, and leading food brands for an unparalleled showcase of innovation, networking, and, of course, incredible flavours.
Here’s what you can experience at the festival:
A Feast for the senses
Over 150,000 new products from more than 190 countries on display.
Discover the latest trends in beverages, dairy, meat and poultry, pulses and grains, fats and oils, brands, and international cuisine.
Whether you’re an industry professional or a passionate foodie, expect to see cutting-edge developments that will shape the future of food.

https://www.instagram.com/reel/DGP0Ueqtjdh/?igsh=b3J1ZTNweXkxNGs1

Unmissable highlights
Gulfood Top Table – The world’s biggest live culinary showcase featuring Michelin-starred chefs, tastings, and masterclasses.
YouthX Young Chef Challenge – Witness rising stars compete for culinary glory.
Gulfood Innovation Awards – Recognizing groundbreaking advancements in food and beverage.
Dubai World Cuisine – A celebration of homegrown talent as top chefs collaborate on unforgettable dining experiences.

After hours events
The excitement just doesn’t end when the exhibition doors close. Gulfood After Hours takes visitors on an exciting journey to explore Dubai’s buzzing culinary scene with exclusive restaurant offers and discounts — just flash your Gulfood ticket and you’re in for a treat. To secure a seat at these must-visit hotspots, it would be wise to book in advance.
Witness food trends
From manufacturers and chefs to restaurant owners and industry experts, This is where food trends will be set, deals will ne made, and the future of the F&B industry will get shaped. This is your chance to bd part of this extraordinary food revolution

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