Product and Brand Strategies Cola Wars Continue: Coke and Pepsi in 2010 1. Why, historically, has the soft drink industry been so profitable? Coca Cola was formulated in 1886 by a pharmacist in Atlanta who started to sell it in drug stores as a ‟portion for mental and physical disorders.“ Five years later the Asa Candler acquired the formula for Coca-Cola syrup which was a well-protected secret of the company. He also granted the first bottling franchise which grew qucikly. In the following
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For the exclusive use of R. PONCE 9-702-442 REV: JANUARY 27, 2004 DAVID B. YOFFIE Cola Wars Continue: Coke and Pepsi in the Twenty-First Century For over a century, Coca-Cola and Pepsi-Cola vied for “throat share” of the world’s beverage market. The most intense battles of the cola wars were fought over the $60-billion industry in the United States, where the average American consumed 53 gallons of carbonated soft drinks (CSD) per year. In a “carefully waged competitive struggle,”
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Hypothesis: I think that Coca-Cola is going to be more acidic than Fanta, because Coca-Cola contains more preservatives than Fanta. Materials: * Buret * Ring stand * Buret clamp * Water H2O * Pipet bulb * Beakers * Small funnel * Sheet of white paper * Sodium hydroxide NaOh * Phenolphthalein * Coca-Cola * Fanta Diagram: Method: 1. Prepare all equipment’s and be ready to start your experiment. 2. I took 50 ml of coca- cola and 50 ml of water
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soft drink company Coca-Cola. Coca-Cola was founded before Pepsi soft drink in 1886, also by a pharmacist named John Pemberton. After the invention of the beverage, portions of the company were sold around and much was sold to Asa Candler, a businessman from Atlanta. There were imitators of Coca Cola and so the business decided to market a new Bottle shape that would make it distinct from all the others beverages. To continue to make Coca Cola a success, in the 1970’s Coca Cola was advertised as
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Abstract Pepsi and Coca-Cola are two widely known beverage companies. Each company is known for pop-stars promoting their company in commercials. Competition is strong between these two companies because of how similar they are to one another. The rivalry between these beverage companies results greater income for both, but also leads to cautious investors due to the risk. It is important to research each company thoroughly and examine ratios before investing. These ratios have the ability
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The ethical issues and dilemmas that Coca Cola faced were actually very surprising since I have been drinking the product for years. Allegations of Intimidation, Racial Discrimination Financial Misconduct, and Environmental issues have hovered beyond the walls of the Conglomerate with very little room to disappear. I was extremely surprised about the Financial Misconduct but having interviewed for them and being denied due to credit issues I assume I can understand. Seems to me that the management
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his new role as CEO of Coke India found himself in a contemplating event of sale drop 30-40% in two weeks. This crisis for the company took place just after the momentum gained from a highly successful two-year marketing campaign that had given Coca-Cola market leadership over Pepsi. This scenario takes back to august 5th when The Center for Science and Environment (CSE), an activist group in India focused on environmental sustainability issues press release stating: "12 major cold drink brands
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Pepsi Co understands what is entailed to being an authoritative incorporated citizen it’s not only doing the correct thing that counts, but doing the correct business thing. PepsiCo’s has set their mission to becoming the world’s leading consumer product company with a focus on convenient foods and beverages. PepsiCo’s visions programs set in place with a focus on environmental stewardship, activities to benefit society, and a commitment in building shareholder value by striving to become a credible
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influence current and future plans. In strategic planning, an environmental scan can help an organization increase understanding of the internal and external environmental factors that will require reaching the long term goals of the company. Pepsi and Coca-Cola serve as prime examples of major competitors in the beverage industry and strive to be different although each company produces a similar product. With the popularity of these corporations at the zenith of existence, each needs to develop and
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“will” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from The Coca-Cola Company’s historical experience and our present expectations or projections. These risks include, but are not limited to, obesity and other health concerns; scarcity and quality of water; changes in the nonalcoholic beverages business environment
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