Asked by Evelyn Domingo on Jul 01, 2024

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Coca-Cola is a huge national brand manufacturer. By owning its own brands, Coca-Cola

A) can monopolize store brands.
B) has greater opportunity to dictate retail pricing.
C) retains greater control over its marketing strategy.
D) can increase brand dilution.
E) can eliminate any local competition.

Brand Manufacturer

A company that produces goods under its own name, as opposed to manufacturing products for other companies or brands.

Retail Pricing

The process of determining the selling price of products in retail stores, taking into account factors like cost of goods, market demand, and competition.

  • Grasp the concept of brand equity and its importance to manufacturers.
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KH
Kaylee HannahJul 07, 2024
Final Answer :
C
Explanation :
By owning its own brands, Coca-Cola retains greater control over its marketing strategy. This means that they have the ability to create and execute marketing campaigns in a way that aligns with their overall brand message and goals. They can also adjust their marketing strategies based on consumer trends and behaviors, giving them a competitive advantage in the market.