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• Market structure is the focus real-world competition. Market structure refers to the
physical characteristics of the market within which firms interact. Market structure
involves the number of firms in the market and the barriers to entry. Perfect competition,
with an infinite number of firms, and monopoly, with a single firm, are polar opposites.
Monopolistic competition and oligopoly lie between these two extremes. Monopolistic
competition is a market structure in which there are many firms selling differentiated
products.There are few barriers to entry.
Coke vs Pepsi
This war of horrible proportions has caused the deaths of many innocent cans caught in the
crossfire.
The Five Hundred-Years Cola Wars (AKA The Coke-Pepsi Battles) is a conflict that has
been on-going since the early 1500s, severely hampering the cola industry and, in the process,
bringing in many outside forces to the conflict. Primarily between giants Pepsi and Coca-
Cola (and their allies), the war has been somewhat evenly matched, and (as of 2006) there
appears to be no clear-cut leader, meaning that the conflict will probably go on for another few
years (thus leading to the theory that it will last a total of 500 years).
Contents
[hide]
1 Beginnings
2 The War
3 Revival of conflict
4 The Conflict Today
5 Casualties (thus far)
6 See Also
Beginnings
The beginning of these cola wars can be traced back to the year 1914,when the conflict erupted
on the market between colas Pepsi and Coca-Cola.
Tensions between the two factions were already strained: both groups had been competing for
years for the market of soft drink consumers on Mars, specifically in Southeastern Europe
(where both drinks originated). However, by 1914, both sides were willing to make pieces out of
each other, and Pepsi's cousin Crystal Pepsi decided to go to the territories of Coke on a
goodwill trip.
However, evil forces were lurking to disrupt the happiness. As Crystal Pepsi was riding to the
imperial palace in Fizzistand, Coca-Cola, a deranged and fanatical Coke nationalist by the name
of Mello Yello jumped out of a packed crowd, shook the Crystal Pepsi, and caused it to explode,
spritzing the entire crowd with soda. The Mello Yello was quickly apprehended, but despite
being convicted of colacide and being decarbonated, this wasn't enough to please the Pepsi
nation. A week after the incident, Pepsi and ally Mountain Dew declared war on Coca-Cola, who
(along with ally Sprite) declared war on those two nations.
The War
"The Great Shaking:" The assassination of Crystal Pepsi by Mello Yello that lead to the war
beginning. This is an artists depiction by a pro-Pepsi painter, showing Crystal as the beacon of
light and color in the world. This was followed by the killing of New Coke some years later by a
pro-Pepsi assassin.
In the early years of the war, the conflict was resigned to bitter, stalemated battles between the
two sides. Neither group could gain any ground on each other as territories kept being conquered
and re-conquered. Then, in 1517, the Pepsi nation began attacking neutral nations in an attempt
to stop what they perceived as a threat to help the enemy. This policy led to attacks on
representatives of the Jolt Cola nation, and after one of their diplomatic ships was sunk, Jolt
declared war on the "unholy, ungodlike, and overly steroid-abused" Pepsi nation.
This event in the war signaled a turn of power and a great benefit for the Coke side, especially
after their ally Mr. Pibb was forced to withdraw from the conflict due to a civil war inside their
own nation between factions arguing that were arguing who should choose to drink them: the
drink or people. Within a year, Coke had gained the upper hand, but there was soon a stalling of
the fighting (with the Coke side having the upper hand).
After the stall, the war became more concentrated on propaganda as both sides looked for ways
to gain a new advantage. Horribly offensive advertisements were hurled at each side (such as
Pepsi's claims that Coke caused acne and impotence, or Coke's claim that Oscar Wilde supported
Pepsi- thus making it incredibly evil). Both sides also attempted to gain new allies in the
struggle, especially with RC Cola, a long-standing neutral nation. However, RC stayed clear of
the conflict, mainly because nobody really cared about the nation and they knew it.
Revival of conflict
By 1938, Pepsi's efforts paid off as former Coke ally Dr. Pepper, frustrated with Coke's efforts to
keep it from occupying the nation of Tab Cola, switched and became an ally of Pepsi. In late
1939, this new alliance began the conflict anew with an unmitigated attack on the neutral nation
of Shasta, thus leading the Coke allies (complete with the finally stable former Mr. Pibb (now
known as "Pibb Xtra") to re-attack the Pepsi alliance. Jolt, who originally had quit the conflict,
reemerged after being ambushed in a naval attack by Pepsi ally Sam's Choice.
After another few years of battle, the conflict once again stalled, this time with both sides more
or less evenly split. The conflict once again resorted to propaganda, this time simply trying to
break the morality of the other side, leading to what many have dubbed the Cold War (after the
condition best suited to enjoy soft drinks). However, with the invention of the
MEGA ICE CUBE (which, if dropped onto a cola nation, could cause catastrophic spilling and
loss of life), many fear that if conflicts were to resume, it could mean the complete destruction of
the cola world. Furthermore, internal struggle within Pibb Xtra has led that nation (while not
sided with Pepsi) to act as a third party in the battle, usually against all sides and keeping much
of their business to themselves.
Since the active conflict last halted, there have been many flare-ups of conflict, but no outright
reprisal of battle.
Some of the "flare-ups:"
Conflict arose in 1961 over Pibb's attempts to persuade a neutral nation named Fanta to join
their side, providing them with mega ice cubes that they personally delivered to their small
island nation located just off the coast of the Jolt Cola nation. This led to Jolt declaring that
they would consider launching an all-out assault on Pibb. Fortunately, taking a hint, Pibb
retracted their cubes, and the crisis was averted.
A conflict started in 1964 between two alcoholic nations: Bacardi and Vodka. It is widely
rumored that Pepsi started this conflict to draw in Coke nations and Pibb Xtra so they could
end up damaging each other. This somewhat worked, as the two groups intervened with Coke
on the side of Bacardi and Pibb Xtra on the side of Vodka. However, many people in the
Coke nations felt that this was only a vain attempt to include alcohol in their country, so the
citizens protested. Coke eventually caved in to these protests and withdrew in 1975, thus
leading to Vodka's victory and suppression of Bacardi supporters for over twenty-five years.
The Conflict Today
While still in stalemate on the battle field, the propaganda launched by the Coke and Pepsi
nations (Pibb Xtra dissolved in the early 1990s and returned to the Coke side as Mr. Pibb.) have
been extremely damning since the early 1980s, with the wars now aiming
towards television advertising. Both sides have seen increases in numbers, but not to the degree
that one group has gained the upper hand.
Nobody knows what the future holds for the conflict, but a sooth-sayer named Pop Marley made
a prediction shortly before his death in 1982. In this, he said he had seen into the future and seen
that the third-world soda nations (such as Fanta, Canada Dry, and others) would rise up early in
the twenty-first century, band together, and defeat both the Coke and Pepsi nations, thus leading
to a complete shift in the balance of nature. While Marley was believed to have been
on drugs when he said this, it has gained a good deal of study into its potential. It remains to be
seen if this will, in fact, come true.
EditCasualties (thus far)
The Coke Nations
Pepsi: 5,000,000
Mountain Dew: 7,000,000
Dr. Pepper (1938-present): 6,000,000
Mug Root Beer: 2,000,000
Sierra Mist: N/A (joined during propaganda era in 2003)
Sam's Choice: 1,000,000
International Share:
Coke is considered to be the market leader on international basis. It occupies 80% market share
worldwide, while Pepsi has 20% share.
Share in Pakistan
Coke is having 35% market share while Pepsi is having 65% Market share in Pakistan this is due
to some reasons. Whereas in Gujranwala, Coke is having 49% market share and Pepsi is having
51% market share. This rate shows that Pepsi is having more market share than Coke in Pakistan.
It’s summertime and same old rivalry has resurfaced- “Coca Cola Vs Pepsi”! It’s been decades since
these Cold drink giants are fighting over Indian cold drink market share. First it was cold drink, then the
fight extended for other sections like energy drinks, healthy snacks, namkeensetc. But I’m here to
compare the strategies of both of these Colas and put forward my views and what should or shouldn’t
work for any of these Cola giants-
Advertisements:
It started with Fanta’s Holi ad for Coke, where Genelia De Souza was seen in a retro look. The ad was
fresh and sent a clear message. For some reasons I had not been a Fan of Cola ads but this was unique
and cool.
Just after this ad Coke’s another ad appeared on screens promoting Coca Cola and featuring Imran Khan.
This ad really takes all the points away for its brilliant execution- be it the concept, the background score
or the super cute looks of both Imran and the western lady.
Pepsi also started showing its new “Ranbir Kapoor” ad on TV, but with the same ‘Youngistan’ concept. I
didn’t like it, ad is good but concept is too cliché now for Pepsi. The ad concept worked earlier as it was
new and Coke didn’t have anything competitive.
Coke wins this ad war as for now. Let’s see how these two promote another products in time to come.
Products:
It was Pepsi first which understood varied needs of Indian taste and introduced various India centric
products like ‘Kukure’ and ‘Lays with Indian flavours’ . On the other hand Coca Cola considered India as a
regional outpost until last year, but after the economy toppled else where they should take India
seriously from now on.
Now there are two other sections where they both are competing- energy drinks and Lemon
water/mango juice/other juice. Pepsi entered into market with ‘Nimbooz’ which was success, and hence
Coke is planning to launch ‘Minute Maid Nimbu Fresh’ this year. But in Mango drinks they both have
strong market presence, ‘Mazaa’ and ‘Slice’ compete with Parle’s ‘Frooti’ in this segment.
Coke is also launched its energy drink ‘Burn’ last year to enter into the Rs 250 crore energy drinks
market. This whole thing proves that Coke is finally getting its act right to become the number 1
Beverage player in India.
Brand Value:
Indira Nooyi has made tremendous efforts to make ‘Pepsi’ a brand for young generation in India. From
sponsoring Cricket World Cups to hiring young Brand Ambassadors and making youth specific slogans,
they have done a lot to make ‘Pepsi’ a true brand.
Coke on the other hand is still confused how to promote a single brand. They actually fail to unite
brands like ‘Thums Up’ and ‘Coca Cola’ and these brands actually compete with each other. Coke needs
to do a lot more to make people brand its other successful products like ‘Pulpy Orange’ . Until that
happens Coke will struggle in India.
This is my point of view. Do you also think that Coke lags behind Pepsi in India? And do you think that
Coke will be able to become a market leader in India in longer run?
Capturing the market is the main issue facing any company and when it comes to Beverage market, it
becomes more intense because there are just two players and they are fighting strongly to capture each
others market and don't have any other option.
Both Coke and Pepsi are trying to gain market share in this beverage market, which is valued at over $30
billion a year. Just how is this done in such a competitive market is the underlying issue.
The facts are that each company is coming up with new products and ideas in order to increase their
market share. Pepsi has always taken the lead in developing new products, but Coke soon learned their
lesson and started to do the same. Coke hired marketing executives with good track records (98). Coke
also implemented cross training of managers so it would be more difficult for cliques to form within the
company
The creativity and effectiveness of each company's marketing strategy will ultimately determine the
winner with respect to sales, profits, and customer loyalty.
These two companies are constructing new ways to sell Coke and Pepsi, but they are also thinking of
ways in which to increase market share in other beverage categories. Although the goal of both
companies are exactly the same, the two companies rely on somewhat different marketing strategies.
Pepsi has always taken more risks, acted rapidly, and was always developing new advertising ideas. Both
companies have also relied on finding new markets, especially in foreign countries. In the foreign
markets, Coke has been more successful than Pepsi. For example, in Eastern Europe, Pepsi has relied on
a barter system that proved to fail. However, in certain countries that allow direct comparison, Pepsi has
beat Coke. In foreign markets, both companies have followed the marketing concept by offering
products that meet consumer needs in order to gain market share. For instance, in certain countries,
consumers wanted a soft drink that was low in sugar, yet did not have a diet taste or image. Pepsi
responded by developing Pepsi Max.
The next step is to take fast action to develop a product that meets the requirements for that particular
region. Both companies cannot just sell one product; if they do they will not succeed. They have to
always be creating and updating their marketing plans and products. The companies must be willing to
accommodate their “target markets”.
Gaining market share occurs when a company stays one-step ahead of the competition by knowing what
the consumer wants. My recommendation is to make sure the company is always doing market
research. This way they are able to get as much feedback as possible from consumers. Next, analyze this
data as fast as possible, and then develop the new product based upon this data. Once the product is
developed, get it to the marketplace quickly. Time is a very critical factor. In my opinion, with all of these
factors taken into consideration any company should give any company a good jump on market share.
Respectively introduced in the year 1886 and 1903, both Coca-Cola and Pepsi were rivals each other
trying to dominate the carbonated soft drink market. Both brands were undergoing global
advertisement war through print ads and video ads, trying to stay on top of each other.
Pepsi
Type Cola
Manufacturer PepsiCo.
Website pepsi.com
Nutrition facts
% Daily value*
Total fat 0 g 0%
Saturated fat 0 g 0%
Trans fat 0 g
Cholesterol 0 mg 0%
Sodium 15 mg 1%
Potassium 0 mg 0%
Dietary fiber 0 g 0%
Sugars 41 g
Protein 0 g
Vitamin A 0% Vitamin C 0%
Calcium 0% Iron 0%
Pepsi (stylized in lowercase as pepsi) is a carbonated soft drink that is produced and
manufactured by PepsiCo. Invented in 1898 and introduced as "Brad's Drink", it was later
renamed as Pepsi-Cola on June 16, 1903.
Contents
[hide]
1 History
2 Pepsi-Cola trademark
3 Rise
4 Niche marketing
5 Marketing
o 5.1 Rivalry with Coca-Cola
o 5.2 Slogans
o 5.3 Pepsiman
6 Variants
7 Ingredients
8 See also
9 References
10 Further reading
11 External links
]History
The pharmacy of Caleb Bradham, with a Pepsi dispenser, as portrayed in a New Bern exhibition
in the Historical Museum of Bern.
Pepsi was first introduced as "Brad's Drink" in New Bern, North Carolina, United States, in 1898
by Caleb Bradham, who made it at his home where the drink was sold. It was later labeled Pepsi
Cola, named after the digestive enzyme pepsin and kola nuts used in the recipe.[2] Bradham
sought to create a fountain drink that was delicious and would aid in digestion and boost
energy.[3]
In 1903, Bradham moved the bottling of Pepsi-Cola from his drugstore to a rented warehouse.
That year, Bradham sold 7,968 gallons of syrup. The next year, Pepsi was sold in six-ounce
bottles, and sales increased to 19,848 gallons. In 1909, automobile race pioneer Barney
Oldfield was the first celebrity to endorse Pepsi-Cola, describing it as "A bully drink...refreshing,
invigorating, a fine bracer before a race." The advertising theme "Delicious and Healthful" was
then used over the next two decades.[4] In 1926, Pepsi received its first logo redesign since the
original design of 1905. In 1929, the logo was changed again.
In 1931, at the depth of the Great Depression, the Pepsi-Cola Company entered bankruptcy - in
large part due to financial losses incurred by speculating on wildly fluctuating sugar prices as a
result of World War I. Assets were sold and Roy C. Megargel bought the Pepsi
trademark.[5] Eight years later, the company went bankrupt again. Pepsi's assets were then
purchased by Charles Guth, the President of Loft Inc. Loft was a candy manufacturer with retail
stores that contained soda fountains. He sought to replace Coca-Cola at his stores' fountains after
Coke refused to give him a discount on syrup. Guth then had Loft's chemists reformulate the
Pepsi-Cola syrup formula.
On three separate occasions between 1922 and 1933, the Coca-Cola Company was offered the
opportunity to purchase the Pepsi-Cola company and it declined on each occasion.[6]
[edit]Pepsi-Cola trademark
Pepsi logo (2003–2008). Pepsi Wild Cherry and Pepsi ONE continued to use this design through
March 2010. This logo is still in use in India and other international markets. The original
version had the Pepsi wording on the top left of the Pepsi Globe. In 2007, the Pepsi wording was
moved to the bottom of the globe.
From the 1930s through the late 1950s, "Pepsi-Cola Hits The Spot" was the most commonly
used slogan in the days of old radio, classic motion pictures, and later television. Its jingle
(conceived in the days when Pepsi cost only five cents) was used in many different forms with
different lyrics.
With the rise of radio, Pepsi utilized the services of a young, up-and-coming actress named Polly
Bergen to promote products, oftentimes lending her singing talents to the classic "...Hits The
Spot" jingle.
Through the intervening decades, there have been many different Pepsi theme songs sung on
television by a variety of artists, from Joanie Summers to The Jacksons to Britney Spears.
(See Slogans)
In 1975, Pepsi introduced the Pepsi Challenge marketing campaign where PepsiCo set up a blind
tasting between Pepsi-Cola and rival Coca-Cola. During these blind taste tests the majority of
participants picked Pepsi as the better tasting of the two soft drinks. PepsiCo took great
advantage of the campaign with television commercials reporting the results to the public.[13]
In 1976 Pepsi, RKO Bottlers in Toledo, Ohio hired the first female Pepsi salesperson, Denise
Muck, to coincide with the United States bicentennial celebration.
In 1996, PepsiCo launched the highly successful Pepsi Stuff marketing strategy. By 2002, the
strategy was cited by Promo Magazine as one of 16 "Ageless Wonders" that "helped redefine
promotion marketing."[14]
In 2007, PepsiCo redesigned their cans for the fourteenth time, and for the first time, included
more than thirty different backgrounds on each can, introducing a new background every three
weeks.[15] One of their background designs includes a string of repetitive numbers, "73774". This
is a numerical expression from a telephone keypad of the word "Pepsi."
In late 2008, Pepsi overhauled their entire brand, simultaneously introducing a new logo and
a minimalist label design. The redesign was comparable to Coca-Cola's earlier simplification of
their can and bottle designs. Also in 2008 Pepsi teamed up with Google/YouTube to produce the
first daily entertainment show on Youtube, Poptub. This daily show deals with pop culture,
internet viral videos, and celebrity gossip. Poptub is updated daily from Pepsi.
In 2009, "Bring Home the Cup," changed to "Team Up and Bring Home the Cup." The new
installment of the campaign asks for team involvement and an advocate to submit content on
behalf of their team for the chance to have the Stanley Cup delivered to the team's hometown
by Mark Messier.
Pepsi has official sponsorship deals with three of the four major North American professional
sports leagues: the National Football League, National Hockey League and Major League
Baseball. Pepsi also sponsors Major League Soccer. It also has the naming rights to the Pepsi
Center, an indoor sports facility inDenver, Colorado.
Pepsi also has sponsorship deals in international cricket teams. The Pakistan cricket team is one
of the teams that the brand sponsors. The team wears the Pepsi logo on the front of their test and
ODI test match clothing.
On July 6, 2009, Pepsi announced it would make a $1 billion investment in Russia over three
years, bringing the total Pepsi investment in the country to $4 billion.[16]
In July 2009, Pepsi started marketing itself as Pecsi in Argentina in response to its name being
mispronounced by 25% of the population and as a way to connect more with all of the
population.[17]
In October 2008, Pepsi announced that it would be redesigning its logo and re-branding many of
its products by early 2009. In 2009, Pepsi, Diet Pepsi andPepsi Max began using all lower-case
fonts for name brands, and Diet Pepsi Max was re-branded as Pepsi Max. The brand's blue and
red globe trademarkbecame a series of "smiles," with the central white band arcing at different
angles depending on the product until 2010. Pepsi released this logo in U.S. in late 2008, and
later it was released in 2009 in Canada (the first country outside of the United States for Pepsi's
new logo), Brazil, Bolivia, Guatemala, Nicaragua, Honduras, El Salvador, Colombia, Argentina,
Puerto Rico, Costa Rica, Panama, Chile, Dominican Republic, the Philippines and Australia. In
the rest of the world the new logo has been released in 2010. The old logo is still used in several
markets internationally, and has been phased out most recently in Franceand Mexico. The UK
started to use the new Pepsi logo on cans in an order different from the US can. In mid-2010, all
Pepsi variants, regular, diet, and Pepsi Max, have started using only the medium-sized "smile"
Pepsi Globe.
Pepsi and Pepsi Max cans and bottles in Australia now carry the localized version of the new
Pepsi Logo. The word Pepsi and the logo are in the new style, while the word "Max" is still in
the previous style. Pepsi Wild Cherry finally received the 2008 Pepsi design in March 2010.
In 2011, for New York Fashion Week, Diet Pepsi introduced a "skinny" can that is taller and has
been described as a "sassier" version of the traditional can that Pepsi says was made in
"celebration of beautiful, confident women." The company's equating of "skinny" and "beautiful"
and "confident" is drawing criticism from brand critics, consumers who do not back the "skinny
is better" ethos, and the National Eating Disorders Association, which said that it takes offense to
the can and the company's "thoughtless and irresponsible" comments. PepsiCo Inc. is a Fashion
Week sponsor. This new can was made available to consumers nationwide in March.[18]
In April 2011, Pepsi announced that customers will be able to buy a complete stranger a soda at a
new "social" vending machine, and even record a video that the stranger would see when they
pick up the gift.[citation needed]
In May 2011, the week before Memorial Day, Pepsi launched a limited edition flavor called
"Memorial Day Pepsi", with blueberry and cherry flavors added to the cola.
[edit]Rivalry with Coca-Cola
Main article: Cola Wars
According to Consumer Reports, in the 1970s, the rivalry continued to heat up the market. Pepsi
conducted blind taste tests in stores, in what was called the "Pepsi Challenge". These tests
suggested that more consumers preferred the taste of Pepsi (which is believed to have
more lemon oil, and less orange oil, and uses vanillin rather than vanilla) to Coke. The sales of
Pepsi started to climb, and Pepsi kicked off the "Challenge" across the nation. This became
known as the "Cola Wars".
In 1985,The Coca-Cola Company, amid much publicity, changed its formula. The theory has
been advanced that New Coke, as the reformulated drink came to be known, was invented
specifically in response to the Pepsi Challenge. However, a consumer backlash led to Coca-Cola
quickly reintroducing the original formula as Coke "Classic".
According to Beverage Digest's 2008 report on carbonated soft drinks, PepsiCo's U.S. market
share is 30.8 percent, while The Coca-Cola Company's is 42.7 percent.[19] Coca-Cola outsells
Pepsi in most parts of the U.S., notable exceptions being central Appalachia, North Dakota,
and Utah. In the city of Buffalo, New York, Pepsi outsells Coca-Cola by a two-to-one margin.[20]
Overall, Coca-Cola continues to outsell Pepsi in almost all areas of the world. However,
exceptions include India; Saudi Arabia; Pakistan (Pepsi has been a dominant sponsor of
the Pakistan cricket team since the 1990s); the Dominican Republic; Guatemala the Canadian
provinces of Quebec, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island;
and Northern Ontario.[21]
Pepsi had long been the drink of Canadian Francophones and it continues to hold its dominance
by relying on local Québécois celebrities (especially Claude Meunier, of La Petite Vie fame) to
sell its product.[22] PepsiCo used the slogan "here, it's Pepsi" (Ici, c'est Pepsi) to answer to Coca-
cola publicity "Everywhere in the world, it's Coke" (Partout dans le monde, c'est Coke).
By most accounts, Coca-Cola was India's leading soft drink until 1977 when it left India after a
new government ordered The Coca-Cola Company to turn over its secret formula for Coke and
dilute its stake in its Indian unit as required by the Foreign Exchange Regulation Act (FERA). In
1988, PepsiCo gained entry to India by creating a joint venture with the Punjab government-
owned Punjab Agro Industrial Corporation (PAIC) and Voltas India Limited. This joint venture
marketed and sold Lehar Pepsi until 1991 when the use of foreign brands was allowed; PepsiCo
bought out its partners and ended the joint venture in 1994. In 1993, The Coca-Cola Company
returned in pursuance of India's Liberalization policy.[23] In 2005, The Coca-Cola Company and
PepsiCo together held 95% market share of soft-drink sales in India. Coca-Cola India's market
share was 52.5%.[24]
In Russia, Pepsi initially had a larger market share than Coke but it was undercut once the Cold
War ended. In 1972, PepsiCo company struck a barter agreement with the then government of
theSoviet Union, in which PepsiCo was granted exportation and Western marketing rights
to Stolichnaya vodka in exchange for importation and Soviet marketing of Pepsi-
Cola.[25] [26] This exchange led to Pepsi-Cola being the first foreign product sanctioned for sale in
the U.S.S.R.[27]
Reminiscent of the way that Coca-Cola became a cultural icon and its global spread spawned
words like "coca colonization", Pepsi-Cola and its relation to the Soviet system turned it into an
icon. In the early 1990s, the term "Pepsi-stroika" began appearing as a pun on "perestroika", the
reform policy of the Soviet Union under Mikhail Gorbachev. Critics viewed the policy as a lot of
fizz without substance and as an attempt to usher in Western products in deals there with the old
elites. Pepsi, as one of the first American products in the Soviet Union, became a symbol of that
relationship and the Soviet policy.[28] This was reflected in Russian author Victor Pelevin's book
"Generation P".
In 1989, Billy Joel mentioned the rivalry between the two companies in the song "We Didn't
Start The Fire". The line "Rock & Roll and Cola Wars" refers to Pepsi and Coke's usage of
various musicians in their advertising campaigns. Coke used Paula Abdul, while Pepsi
used Michael Jackson. They then continued to try to get other musicians to advertise their
beverages.
In 1992, following the dissolution of the Soviet Union, Coca-Cola was introduced to the Russian
market. As it came to be associated with the new system, and Pepsi to the old, Coca-Cola rapidly
captured a significant market share that might otherwise have required years to achieve. By July
2005, Coca-Cola enjoyed a market share of 19.4 percent, followed by Pepsi with 13 percent.[29]
Pepsi did not sell soft drinks in Israel until 1991. Many Israelis and some American Jewish
organizations attributed Pepsi's previous reluctance to do battle to the Arab boycott. Pepsi, which
has a large and lucrative business in the Arab world, denied that, saying that economic, rather
than political, reasons kept it out of Israel.[30]
[edit]Slogans
COMPANYOVERVIEW-COCA-COLA
International company -offered convenient snacks, foods and beverages.Coca-cola entered
India in 1989.50 bottling plant, company owned -25 and franchisee owned- 25.Coca-Cola
currently offers nearly 400 brands in over 200countries and serves 1.5 billion servings each day.
Interbrand s Global Brand Scorecard for 2008 rankedCoca-Cola the NO.1 Brand in the
World and estimated its brandvalue at $70.45 billionMarket capital =158.19bn US $REVENUES
= 43.00BN US $EMPLOYEES = 125000
1. Origins
o Coke and Pepsi were both created before 1900. Coke was invented in Atlanta by
pharmacist John Pemberton in 1886. Pepsi also was created by a pharmacist--
Caleb Bradham from New Bern, North Carolina, in 1898.
Pepsi-Cola Formula
o Pepsi-Cola was originally coined "Brad's Drink" in honor of its creator. The premise
of the original formula is the ingredients emulated Pepsin, and digestion aid. It did
not contain kola nut.