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Pepsi global marketing strategy
Strategic planning of pepsi
Strategic planning of pepsi
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The Pepsi Ultimate Taste Challenge 2012: Social Enough?
Pepsi was created and developed in 1893 by Caleb Bradham in New Bern, North Carolina. It was originally called Brad’s Drink, but in 1898 the drink’s name was changed to Pepsi-Cola. Ultimately, in 1961 it was called Pepsi. Bradham wanted to create a fountain drink that would help with digestion as well as provide an energy boost. During the Great Depression was when the fountain drink became increasingly popular. PepsiCo Inc., founded by Donald Kendall and Herman Lay, is the corporation where Pepsi is produced. It was first introduced in the Canadian market in 1934 and is currently the market leader due to its strong legacy in the community. PepsiCo’s main competitors are Coca Cola. The competition for soft drinks in Canada is very strong; PepsiCo and Coca Cola share most of the market. Most of Pepsi’s consumers are loyal and maintain their consumption of the fountain drink.
PepsiCo’s produces most of the popular drink names: Pepsi, Diet Pepsi, Pepsi Max, Tropicana, Gatorade, 7up, Mountain Dew, Lipton Brisk, Aquafina, Amp, SoBe, and Starbucks bottled beverages. But in the 2012 the main focus for PepsiCo was to draw more attention to their products Pepsi, Diet Pepsi, and Pepsi Max. Through the marketing campaign they have designed ways where the consumers can win prizes through interacting with PepsiCo’s social media components and promotion. Also, the Ultimate Taste Challenge is where PepsiCo sends out street teams to attract the consumers to attend; this is another promotional strategy. Actual cost was not a focus for PepsiCo in 2012; their main goal was to reach more of their market and increasing their sales. The only “price” mentioned in the case is the time the buyer wi...
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...to direct people towards Facebook where most of the campaigning will take place. Facebook will provide people with any news, new videos and pictures, prizes, and coupons, along with many other aspects. BBDO developed a campaign strategy that achieves targeting the segmented group PepsiCo choose. This campaign will also lure others to Facebook and/or Twitter because BBDO realized there needed to be another campaign that involved outside promotions to attract people to Facebook and/or Twitter. Hadley should proceed with this proposal since it includes everything he wanted in a social campaign. Marketing for a product will not always reach all of you potential consumers, but if a campaign has the ability to attracts most then it should be implemented. BBDO’s proposal will indeed reach most of the targeted segmented group, which is why Hadley should apply this proposal.
Coke continuously out-stands Pepsi, even though they share a very similar taste and colour, however Coke should not be the drink that receives all the love and attention for what it offers. Despite their similar soda colour, the drinks actually contain some different ingredients, which produce a different taste, and affect the body differently. Furthermore, the way the companies markets their drinks makes a huge contribution to how successful their products will become. The major element for success however stems from their impact on society and how the companies utilize their social power to evolve. The two major soda companies are constantly head to head with one another, yet it is what they do that sets them apart.
https://en.wikipedia.org/wiki/Pepsi Pepsi is a carbonated soft drink that is produced and manufactured by PepsiCo. Created and developed in 1893 and introduced as Brad's Drink, it was renamed as Pepsi-Cola on August 28, 1898, then to Pepsi in 1961, and in select areas of North America, "Pepsi-Cola Made with Real Sugar" as of 2014. Caleb Bradham made Pepsi at his drugstore where the drink was sold. The name Pepsi was chosen after the digestive enzyme pepsin ( an enzyme that break down foods) and kola nuts used in the recipe. Bradham sought to create a fountain drink that was appealing and would aid in digestion and boost energy. The commercial displays high paid professional soccer players who were sponsored by Pepsi and used Pepsi as their source of drink and energy. Basically giving the idea that Pepsi is for real winners. The Sumo wrestlers had one thing in mind and that is to drink this powerful drink. So they went ahead and played for the drink. Apparently, the Sumo wrestlers ended up winning which symbolizes that the thirst for Pepsi brings the best out of people.
Caleb Bradham, a New Bern, North Carolina pharmacist, renamed "Brad's Drink," a carbonated soft drink he had created to serve his drugstore's fountain customers. The new name, Pepsi-Cola, was first used on August 28, 13 years after Coca-Cola. In 1902 Bradham applied for a trademark to the U.S. Patent Office, issued stock and began selling Pepsi syrup. By 1923, Pepsi-Cola Company was declared bankrupt and its assets were sold to a North Carolina concern, Craven Holding Corporation, for $30,000. Roy C. Megargel, a Wall Street broker, bought the Pepsi trademark, business and goodwill from Craven Holding Corporation for $35,000, forming the Pepsi-Cola Corporation and in 1932 the trademark was registered in Argentina.
Pepsi Company (PepsiCo) owns many brands of beverages, snacks and other foods. Its major product, Pepsi Cola, is one of the most popular carbonated beverages. Besides that, PepsiCo owns the brands Quaker Oats, Gatorade, Frito-Lay, Tropicana, Mountain Dew, Naked, Mirinda and SoBe. In order to maintain, or preferable expand, its market share, PepsiCo constantly introduced new products under its brands. This is a marketing strategy known as Product Development. By modifying the formulas and ingredients, PepsiCo had invented and marketed more than 50 types of carbonated beverages under the brand of Pepsi. To name a few, Pepsi Free introduced in 1982, Pepsi AM introduced in 1989, Pepsi Tropical introduced in 1994, Pepsi Blue introduced in 2003, Pepsi Edge introduce in 2004, Pepsi Lime introduced in 2005, and Pepsi Ice introduced in 2007. Some of the products survive and being accepted by consumers, however large number of the new formula Pepsi had failed and been removed from the market shelves in as short as 6 months.
If you click on a drink, you are brought to a new page that shows all the nutritional facts. The page also shows different tabs about the overall PepsiCo, which includes their brand, their product choices, information, and responsible marketing. From that page, their brand is as
During the 1990s, PepsiCo launched new products and engineered a global re-branding campaign in an effort to grow sales volume; reinvigorate their stagnant brand; and to close the increasingly large sales and market share gap between itself and its primary competitor, Coca-Cola. In 1993, Pepsi jump-started its marketing efforts by adding two brands to its portfolio: Crystal Pepsi and Pepsi Max. Crystal Pepsi, which was initially offered in the United States, failed to earn the company more than 2 percent volume share. Pepsi Max, which was launched in the United Kingdom, proved more successful, but because one of its primary ingredients was an artificial sweetener not yet approved by the Food and Drug Administration, it wasn't brought to market in the United States.
...e and Pepsi’s already established image as producers of premium product is key to discouraging other companies from entering the soft drink industry. However, as the market in the U.S has leveled off, they should continue to invest globally in marketing and advertising for further profit growth, which will in turn positively influence their well established brands to further increase soft drink sales and profits.
Pepsi-Cola was introduced during the new culture of consumption era (1880-1920). At this time a new consumer society emerged as goods that once had been affordable to a few became available to many. (Sivulka, 2012, p.42) The drink we know today as Pepsi was first created in 1898 by Caleb Bradham and was known as “Brad’s Drink” and the drink was sold at the drugstore he owned. It was later called Pepsi-Cola, after the digestive enzyme pepsin and kola nuts used in the recipe. Bradham’s goal was to create a fountain drink that tasted good and would help with digestion and boost energy. The first celebrity to endorse Pepsi-Cola was Barney Oldfield who was an automobile racer. Oldfield described the drink as a, “A bully drink...refreshing, invigorating, a fine bracer before a race.” In the early 1930s Pepsi-Cola hit rock bottom filing bankruptcy due to the Great Depression. Roy C. Megargel, who was a Wall Street broker, bought the Pepsi trademark, business and good will from Craven Holding Corporation for $35,000, and it was named the Pepsi-Cola Corporation (Pepsistore, n.d.).
In order for PepsiCo to be successful in selling Pepsi Platinum, the company must research the marketing community. The best way to create a strategic marketing plan is to understand the target market in the beverage and sports drink business. PepsiCo must ask, “What is the demographic of this market, what are psychographics and behaviors of the specific market that PepsiCo, in regards of selling this brand, desires to reach?” Understanding our customer needs, and competitors offerings will help PepsiCo create a strategically integrated marketing plan. The principal to any successful marketing strategy is to understand the customers and their needs. The ability to satisfy customers' needs better than the competitors, will first be, that PepsiCo build customer loyalty and increase sales (Business Link, 2007). Marketing research uses many methods to obtain its results. PepsiCo will use external census data and marketing survey data collected by outside marketing research firms, as a method of understanding customer wants and needs. Computer-aided methodologies will also be used to collect data on the competitors of PepsiCo such as Coca Cola, Jones Soda, and Mo...
In 1893, pharmacist Caleb Bradham developed ‘Brads Drink’, a formula designed to aid in digestion. After strong interest from consumers in his pharmacy, Brad renamed the drink Pepsi-Cola in 1898 and purchased the trademark ‘Pep Cola’ for $100. The origins of Pepsi are very similar to that of Lucozade, which was also first produced for medicinal purposes. Although $100 does not appear much, that amount of money
PepsiCo is one of the most recognized names in the snack and beverage industry, with brands like Frito-lay, Gatorade, Tropicana, and Quaker, however, it is best known for its flagship soft drink brand - Pepsi and its rivalry with Coca-Cola. To begin, PepsiCo first caught my Interest in the way it manages its business and markets its products. PepsiCo being a relatively young company compared to its rival Coke, has proven to be a formidable opponent going “head to head” with one of the biggest companies in the world (Coca-Cola). Now, when I notice PepsiCo’s growth, the first thing that came to my mind was that it is thanks to its great marketing campaigns, that Pepsi has grown to become the globally recognized brand that it is today. I also admire PepsiCo because I think the there is a high level of entrepreneurship in the way they acquired smaller brands like Gatorade thereby eliminating their competition before they become competition.
Pepsi was introduced in 1893 by Caleb Bradham as “Brads Drink” which then was renamed to “Pepsi Cola” in 1898. There wasn’t many options for advertising in this era due television not being introduced into households till the late 1900’s. One of the first Pepsi Cola advertisements was a black and while flyer that had a few characters laughing and read “Whoope!!! Zoom!! Drink Pepsi-Cola” at an advertisement from Pepsi, the have bright blue, red, and white colors that pop and are eye catching. Comparing this ad with a current ad and modern technology, you can see that Pepsi’s marketing and advertising techniques have come a long way. Reviewing a recent Pepsi advertisement, you can see that they have made groundbreaking changes to their branding techniques. First I will I will note that their choices in colors (red, blue, and white) for their brand are not only eye popping, but in a way symbolize the colors of America. I am not sure if this was their intent but it sure does standout. Next, there slogan in the ad states “Help Kick Off The Pepsi Super Bowl Halftime Show”, this ad targets a very large group people because its directly relating to one of the biggest sports event which is Super
Pepsi and Coca-Cola are both sodas, but they differ in terms of the satisfying flavors, the color and the graphic design that represents their two products, and then how Coke makes more money than Pepsi. With that said, you should have gotten the ideology of what we will go further in discussing about. Everybody loves these two very well-known sodas which can inject caffeine into you, which makes you all jittery in filling you up with an energetic energy. Alright, enough of this, let's go straight in-depth in talking about the two rivals throughout this paper of how Pepsi beats Coke in sales, but Coke is usually ahead when it comes to annual net income (Feigin) or how Pepsi is a sweeter brand compared to Coke, though Coke brand is more valuable
In 2011 PepsiCo announced the launch of their Social Vending System. This system featured a full touch interactive screen. A consumer can select a beverage and enter the reciepent's name, mobile number, and personalized message and gift it with a video. PepsiCo uses technology to their advantage for global implementation.The company uses media sites in multiple was as advertisement and marketing tools.
In terms of promotional activities, the advertising and giving away of free offers and vacations by Coca cola and Basmati rice by Pepsi, the coca cola’s goal in connecting the youth to the market, the different promotional TV campaigns in India using of celebrities, and the Pepsi sponsorship of cricket and soccer sports. In terms of pricing policies, Pepsi got a quicker market share by their belligerent pricing policies and coca cola’s 15-25% price cut down in the market. In terms of distribution arrangement, the bottling and packaging of products for better distribution around