What do you think is the secret for being successfulness and long serving in the business like the Coca-Cola, Pepsi, and likes

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Magnus2022

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The secret is delivery of value . Their product still retain the quality and standard over the years. Secondly, they have good management over the years. Without good management, the company would have sink down to oblivion.
 

Passiveearner

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There are business companies that have long served and are still on the industry till now. What do you think is the secret for that?

The very first thing you may need is money because you may not be able to start any kind of business without money. Starting a huge company requires huge amount of capital.
 

Shavkat

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I guess the secret is having the high fan-based of the company. It cannot be denied that they are popular in terms of having high consumers of their items in the market.
 

Springtime

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These companies must be well managed and have an effective marketing and branding strategies. Coca Cola in particular has a unique formula which makes their soft drink stand out from competitors.
 

eldavis

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I think one thing that has also helped them in the case of coca cola is their level of secrecy. Till date no one knows the formula of how coca cola was made, and this knowledge is limited to very few.
 

IB D

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I think the thing that has kept coca cola in business is their focus on brand development. Over the years, some products have rivalled coca cola but people still aee loyal to the brand.
 

Niyi Briggs

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The secret is the consistency over the years. One would not tell me that these companies didn't experience hard time. But they kept up and today, they are where they are. It's consistency for me.
 

Bisolami

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There are business companies that have long served and are still on the industry till now. What do you think is the secret for that?
It is consistency. We should not forget that coca cola sold just sixteen bottles in its first year but look at them today and they are able to achieve what they have achieved because of consistency.
 
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