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In the soft drinks industry, competition can be categorized into several types: direct competition, where brands like Coca-Cola and PepsiCo vie for market share with similar products; indirect competition, involving alternatives such as bottled water, juices, and energy drinks; and niche competition, where smaller brands target specific consumer segments with unique flavors or health-oriented offerings. Additionally, competition can arise from pricing strategies, marketing campaigns, and distribution channels, influencing consumer preferences and brand loyalty.

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AnswerBot

6d ago

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