Showing posts with label pepsi. Show all posts
Showing posts with label pepsi. Show all posts

Thursday, June 14, 2018

Damn, That's An Aggressive Business Tactic

When Crystal Pepsi was released, Coca-Cola released a competitor called Tab Clear, however Tab Clear was intentionally marketed poorly in order to hurt Crystal Pepsi’s image by product association. The “born to die” strategy was successful and both campaigns were dead 6 months later. 

According to Coca-Cola’s chief marketing officer, Sergio Zyman, Tab Clear was an intentionally “suicidal kamikaze” effort to create an unpopular beverage that was positioned as an analogue of Crystal Pepsi in order to “kill both in the process”. The “born to die” strategy included using the poor-performing Tab brand rather than Coke, labeling the product as a “sugar free” diet drink to confuse consumers into thinking Crystal Pepsi had no sugar, and marketing the product as if it were “medicinal”. Zyman said “Pepsi spent an enormous amount of money on the brand and, regardless, we killed it. Both of them were dead within six months.”

(CavemanCircus.com)

Wednesday, October 11, 2017

Never Forget Your Roots

Pepsi Fizzles Out

With any good sugar high there’s always a crash—PepsiCo’s (+0.19%) North America business reported quarterly sales ($5.3 billion) down 3% and profit down 10%. The reason? It didn’t spend nearly enough time (or $$) promoting Pepsi and Mountain Dew.

That’s because Pepsi’s been chasing consumers’ preferences for healthier options. The dynamic low-sugar duo of its LIFEWTR and sparkling lemonade brands took center stage over the company’s flagship sodas.

And it wasn’t wrong to make the switch—U.S. soda demand has fallen about 1% each of the last three years. But this quarter’s poor performance reminded Pepsi: don’t neglect brands that account for 12% of your revenue.

(BroBible.com)