Since 2006, CCI has been growing consistently posting double digit growth as a result of its effective distribution plans. In pursuit of excellence, CCI implemented ‘Right Execution Daily’ (RED) strategy in 2006. RED helped CCI to post 10%–15% incremental sales annually.21 The Coca-Cola Hellenic, fourth-largest bottler of TCCI, highlights the traits of RED in its Annual Report 2008 as, “This programme monitors, at the individual outlet level, how well we implement and maintain our merchandising standards. Furthermore, it helps us identify opportunities
to make immediate improvements that support growth for our customers and us. RED is just one part of our efforts to enhance revenue growth opportunities by optimising the combination of brand, package and price for each consumption occasion.”22
CCI implements its RED strategy mainly in metros and urban areas through direct distribution. The sales teams of CCI (including both the company-owned and franchised) visit the retail outlets (customers) separately and help the company in RED execution which involves the right placement of visi coolers23 (Exhibit IV), checking the availability of products in the stores and activates24 company’s brands through offers and price messages. Explaining the strategy, T. Krishnakumar, CEO, HCCBPL, says, “RED is nothing but the power of routine. Many companies falter at the stage of execution and a Coke old-timer recalls that the earlier focus was on just making the brands available at the retailer outlet through a conventional distributor-led model with no control of how the brand was displayed nor on what else the retailer dumps in a Coke vidi-cooler.”