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Classmate homework

1. Every company will end up facing competitors. Competitors are operating in the same market, offering similar products, and targeting similar customers. My company is Coca-Cola and it's one of the biggest companies in its industry. Their annual revenue is estimated to $35,410. Two companies that I believe are the top competitors are PepsiCo Inc, revenue= $63,525, and Keurig Dr. Pepper Inc. (KDP), revenue= $6,690.

2. Pepsi has been competition since day one. These two are the biggest companies in their industry. Always trying to outdo each other is selling products and trying get more consumers than the other. KDP is not that far behind as it's one of the largest companies in North America. All companies have hundreds of brands and products to remain competitive and popular among customers. One way competitors try to outsmart Coca-Cola is product design. Designs of your products is certain to get a person's attention and attract them to your products. KDP and Pepsi design the logos on soda bottles and cans to sell more products than Coca-Cola. Competitors also outsmart Coca-Cola through social media. Everyone is using social media and it's an easy way to connect with an audience. Both companies use social media such as Youtube, Facebook, and Twitter, to reach out to more customers around the world and gain their vote of which company is their favorite.