The Coca-Cola company has been in business since its inventor began selling it in drug stores in 1886 (The Coca-Cola Company, 2009). Pepsi-Cola was invented a short time later in 1898, but at the time it was called “Brad’s drink.” It was later renamed Pepsi-Cola in 1902 (Butler, 2006). Since those early days when the sodas were invented, Coca-Cola and Pepsi have been in competition with each other for the domination of the world’s soda market. Over the course of more than a century, sales have continued to rise for both companies, and they both consistently earn a profit. Both companies have expanded into new product markets in more recent years. They have chosen to invest their earnings in new ventures like bottled water, snack foods, and iced tea, and they each strive to continue increasing their profits in many ways. In order to maintain this continued growth in the coming years, these companies are both in need of investors who will fund their efforts.…
Pepsi Co. and Coca Cola, both are very well known multinational companies. They are so famous that they perhaps don’t need any introduction since almost everyone knows basic info about these companies and their widely used products. Both of these companies have been dealing in the production of flavored waters, plain drinking water and soft drinks for decades now and have always been each other’s competitors in almost all the mainstream products they have been producing.…
References: Bhasin, K. (2013, Jan 4.). Coke vs. Pepsi: The Story Behind the Neverending “Cola Wars.”…
Coke and Pepsi have always been rival beverages for decades. I can remember my teens when most households would divide into two when it came to choosing their choice of drink, especially when going for grocery shopping. Even the advert aired by both brands shows a lot of rivalries between them. When one makes a new product, the other would do everything possible to make something similar or better than the former. Making people, both old and young believe their product is the best. When comparing the two beverages, there’s a major thing we normally notice from their commercials, while Coca-Cola Company uses families and animal in most of their commercial ads relating to peoples society, Pepsi Company uses different super stars and celebrities to sell their product worldwide. However, as coke uses their ethos in targeting both the old and young generation, Pepsi target mostly today’s youth in their adverts.…
For over a century, carbonated drink was introduced to mankind. Two major contenders in the industry stand Coca-Cola and PepsiCo. The two soar in the industry as they compete with each other. There were amazing monopolistic behaviors found in their doings. Have you ever wondered why such drink without any redeeming health benefits, but rather sublimely known as one of the causes to sugar and fat related diseases, can be so profitable? By setting the health benefits aside, have you ever wondered why such drinks are so popular yet a lot of competitors are unable to imitate and stand up to beat them? The secret lies…
[ 2 ]. See Exhibit 1 of the HBS case Study „Cola Wars Continue: Coke and Pepsi 2006“ by D.B. Yoffie.…
The Pepsi-Cola story itself begins with a drugstore in New Bern, North Carolina, and a pharmacist named Caleb Bradham. Bradham's aim was to create a fountain drink that was both delicious and healthful in aiding digestion and boosting energy. It would be free of the impurities found in many bottled health tonics, and it would contain none of the stronger narcotics often added to popular fountain drinks.…
Bhasin, Kim. "Coke vs. Pepsi: The Cola Wars." Coke vs. Pepsi: The History of the Cola Wars…
The industry of Carbonated Soft Drinks (CSD) is highly concentrated. The three major companies, Coca Cola, PepsiCo, and Cadbury Schweppes accounted in 1998 for more than 90% of market share by case volume Exhibit 1-.…
For decades Pepsi has defined itself through the wizardry of the slogan, the jingle and the storyboard and all that a succession of four ad agencies has spun from them. One hundred years after New Bern, N.C., druggist Caleb Bradham called it Pepsi-Cola (actually, Caleb Cola would have had a nice ring and spared Mr. Bradham the necessity of buying out an existing trademark, Pep-Kola, for the princely sum of $100), this worldly and sophisticated company still succumbs to the temptation to see itself as the ``feisty newcomer'' struggling in the shadow of tradition and Americana cast by ``the competitor.'' (Martin, 1962)…
For more than a century, Coca Cola and PepsiCo have been the major competitors within the soft drink market. By employing various advertising tactics, strategies such as blind taste tests, and reward initiatives for the consumer, they have grown to become oligopolistic rivals. In the soft-drink business, “The Coca-Cola Company” and “PepsiCo, Incorporated” hold most of the market shares in virtually every region of the world. They have brands that the consumers want, whether it be soft-drink brands or in PepsioCo’s case, snacks. With only one soft-drink market, the two competitors have no choice but to increase sales by stealing the other competitor’s clients. This led to the term, the “cola wars” which was first used to describe the “mutually-targeted” marketing campaigns in the 1980s and 1990s. A revival of the Cola wars is occurring now as PepsiCo remakes a well-known comparative commercial and resurfaces old tactics used in 1979. A closer look at their advertising styles and market shares will provide us with an idea of how the future will be for these two competitors.…
We live in a day and age where marketing and advertising is stronger then ever. It is essentially in our face every where we turn, from the clothes we wear to the music we listen to and even the device we use to listen to our music. Marketing and advertising touches our lives everyday without our really ever even noticing it. Marketing professionals have a difficult challenge before them in figuring out a way to create a public interest, and a want for their products if they are to become adopted. Various marketing communications tools provide the means to which they will best reach the public. In the early 1990's marketing professionals for PepsiCo choose to heavily promote and advertise a new variation of their popular original Pepsi formula creating one of the largest craze's for a soda variation in the last two decades.…
Coke was formulated in 1866 by John Pemberton, a pharmacist in Atlanta who sold it at drug store fountains as a “potion for mental and physical disorders.” Since then, it has grown and spread in the world as one of best Soft Drink in the world with an intense competition against Pepsi. It has started this competition in 1950s and continues until now. Coke is facing different challenges to how to overcome this competition to reach to safety in market. In the U.S., Coke is taking over the market share compared to Pepsi-Cola.…
The classic battle between Coke and Pepsi has been fought over for centuries. It’s a choice of preference whether people decide over Coke or Pepsi for a beverage. Both companies are equally rated and compete very close to being the top preferred soda. Coke and Pepsi were both invented in the late 19th century and became instantly popular. Coca-Cola was originally used as a patient medicine in hospitals and nurseries, where as Pepsi was originally used as a consumer beverage. Both drinks were later revised to become soft drinks. I prefer Coca-Cola to Pepsi for a few different reasons. One reason is the taste between Coke and Pepsi. Even though the two drinks have a similar taste, there is something about Coke that I like better than Pepsi. Another reason I like Coca-Cola better is because when I was growing up as a younger child, I would always get a coke at restaurants or wherever they sold sodas. My grandparents would get my siblings and I the old-fashioned glass bottles that always intrigued us. Another reason was the look of the Coke bottles compared to the Pepsi bottles. I always found the colors and designs of the Coke bottle more appealing and interesting than the Pepsi bottles. The final reason is the popularity of Coca-Cola compared to Pepsi. I always saw people drinking Coke and rarely saw people drinking Pepsi. The advertisements influenced how I though about the drink and how people viewed them. Still to today, the controversy…
This report provides an analysis and evaluation of the Marketing Strategy of PepsiCo. Methodsof analysis include Market Segmentation, Market Targeting, Market Positioning, as well as theMarketing Mix of PepsiCo.The research draws attention to the Market Segmentation of PepsiCo. While the soft drink industry has probably the widest and deepest customer base in the world, Pepsi did not use themajority fallacy to market their product. Instead, Pepsi prefers to segment itself as the beveragechoice of the ³New Generation´, Generation Next, or just as the ³Pepsi Generation´. These…