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the soft drink industry is a 100 billion
dollar international juggernaut the
coca-cola company and PepsiCo controlled
vast empires which reach into
practically every corner of the globe
through huge networks of bottlers
distributors and retailers there's
hardly a spot on earth where you can't
quench your thirst with a Coke or a
Pepsi so heavily promoted their presence
is practically inescapable coke and
pepsi are twin icons of American culture
such everyday familiar symbols that a
time before their existence is almost
unfathomable it was 1886 the height of
the Gilded Age the civil war was over
and America was hurtling headlong into
the modern age
electric lights hummed victrolas cranked
up vaudeville tunes horseless carriages
sputtered to life and the first
skyscrapers thrust toward the sky
against this backdrop this whirling
kaleidoscope where everything was fresh
new and bubbling over with fervent
energy the world's most famous trademark
was born launched with a tiny
advertisement in Atlanta newspaper
coca-cola was created by an Atlanta
pharmacy owner named John doc Pemberton
the Pemberton was no doctor he just
purchased a $5 medical license and
started calling himself doc a visit to
dr. Merton usually included a vapor bath
and a forcible cleansing of the
digestive system he believed you could
cure all human ills by in fact drinking
poisons and and purging your body the
1880s with a heyday of miracle cures and
patent medicines store shelves were
crammed with a bewildering array of
elixirs and tonics of dubious
reliability Pemberton's own concoctions
included triplets liver pills and
compound extracted still NGO dr.
Sanford's great invigorate ER and Eureka
oil federal regulation of food and drugs
was years away and for the patent
medicine business the sky was the limit
you could concoct any sort of Mao potion
and claim all sorts of miraculous cures
for it and in fellin most patent
medicines contained copious amounts of
alcohol or even stronger drugs often
both laudanum a popular painkiller was a
mixture of opium and alcohol others
contain powerful doses of what was in
1886 the latest wonder drug cocaine
cocaine had been relatively unknown in
America until 1884 when former president
and civil war hero ulysses s grant was
stricken with throat cancer and was
prescribed cocaine by his doctor grams
dying and gained relief from his
suffering by the use of cocaine which
was in turn publicized and he was
probably the most famous and popular
figure in the country at that point so a
lot of people had reason to think that
cocaine was it was a good thing and doc
Pemberton was one of those people among
his early product was a concoction
called French wine coca Pemberton used
cocaine and caffeine and and Sarah's
early creations his most successful one
before he turned to coca-cola was a
combination of wine which of course is
alcohol cocaine and caffeine in it
French wine coca was an immediate hit
but its success was short-lived months
after the potent mixture hit drug store
shelves French wine Coca's main
ingredient was outlawed it wasn't the
cocaine it was the wine in 1885 Atlanta
voted to go dry
Pemberton panicked because his French
wine coca just come out in 1885 it was
doing real well and he thought what am I
going to do if they make this illegal
what he did was get out of the patent
medicine business and into the soft
drink business there were five immensely
popular soda fountains in Atlanta that
offered cool refreshment from the city's
blistering summer heat Pemberton wanted
a beverage that would sell at these
popular fountains
these huge soda fountains that that were
like palaces of Onyx and marble with
gorgeous accoutrements and they would
they would create 300 different soft
drinks at one soda fountain and so there
was this immense competition with soft
drinks like hires root beer and white
rock ginger ale already successful
Pemberton's challenge was to transform
his wine and cocaine mixture into a soft
drink
what he came up with was anything but
soft
thanks to Eddy doses of cocaine and
another stimulant extract of Cola coma
spelled with a cave was a nut native to
West Africa it's active ingredient was
nothing more than caffeine Pemberton
merely combined two popular stimulants
in a single cold beverage that since it
contained no alcohol could be sold at
soda fountains Pemberton tinkered with
the French wine coca formula to try to
take out the alcohol and he added a
bunch of sugar he added some acid and
basically he came up with coca cola and
it was Pemberton's bookkeeper Frank
Robinson who came up with the name Frank
Robinson had the inspiration to think of
the name Coca Cola as he liked the way
it sounded and he changed the spelling
of Cola from beginning with a K to a C
besides a memorable name Robinson also
supplied the trademark spending months
perfecting the flowing script he had a
bookkeepers ability to write beautiful
Spencerian script and that's actually
his handwriting that became the
trademark that's familiar all around the
world today but what would become the
world's most recognized brand name
almost failed in its first year he was a
rotten business man and he'd gone
bankrupt several times and you did not
want to be a business partner of dr.
Burton sales were slow only 25 gallons
of syrup sold the first year
to make matters worse Pemberton's health
was failing he was suffering from a
problem that afflicted many druggists of
the day it was by this time addicted to
cocaine so this I would say contributed
to his lack of business acumen a just
spaced out mr. time in the winter of
1888 Pemberton Lay Dying it looked as if
coca-cola might die with him but that
winter something would happen that would
ensure cokes future when we return a
splitting headache transforms the
failing soft drink into a household word
[Music]
the coca plant had been chewed by
natives of Peru and Bolivia for over
2,000 years and was reputed to act as a
stimulant aid to digestion aphrodisiac
and life extender the cola wars will
return on modern marvels
[Music]
Atlanta Georgia is one of the busiest
fastest-growing cities in the sutler
and the same is true back in the 1880s
but it was a place where men of ambition
aim to strike it rich
among these eager men was a high-strung
but determined 21 year old druggist
apprentice from Villa Rica Georgia named
ASA Kendler he came to Atlanta with a
dollar and seventy five cents in his
pocket like a real life a ratio Alger
and I went around all the drugstores
looking for a job one of which father
while he was Pemberton's and who didn't
harm turned down by Pemberton Candler
landed a job at another pharmacist shop
within four years he was in business for
himself he was not the creative genius
that Pemberton was and he was not the
scholar that temperance n' was but he
was a hustler he made a lot you know he
wanted to make money and he knew how to
do it Chandler's long hours of work paid
off
but his success came at a price
excruciating headaches he was plainly a
very tightly wound man who suffered from
headaches from time to time brought on
by by stress yet Cantler stress was
nothing compared to Pemberton's troubles
flat broken near-death coca-cola's
creator offered to sell the business to
the young druggist he once refused to
hire at first he wasn't interested but
then Candler racked by one of his
recurring migraines sampled his first
cook he'd tried quite a few different
hit acremant is nothing at work but Ron
coca-cola and it seemed to work
his headache cured canler's mind was
made up for $2,300 Candler became the
sole proprietor of coca-cola in May 1889
counselors first move was to refine the
formula and rid coca-cola of its
medicinal flavor he had a more sugar for
example he added some citric products to
mask the taste and to give a little bit
more by night a little bit less sweet
because of all the sugar that had to be
added beyond cokes taste the dour deeply
religious cancer also had serious
reservations about the trademark
ingredient
he sent a sample of coke syrup off to a
chemist to find out how much cocaine was
actually in it and the report came back
that it was substantial enough to be
worrisome Candler devised a new means of
exhausting these coca leaves so that
there was no more than an infant
estimate of cocaine as great from that
day forward coca-cola would contain only
trace amounts of its trademark
ingredients in a way Coca Cola's names
is very misleading because there's
virtually no coca and virtually no Cola
in it coca cola's potent combination of
sugar and caffeine still packed a punch
only now it tasted good to Frank
Robinson Pemberton's former bookkeeper
and now canler's chief of advertising
once again provided the inspiration to
take the product to the next level he
launched a pioneering ad campaign among
the first direct mail campaigns in
history they would go to the biggest
pharmacists in the town who had a soda
fountain and they would ask him who his
best customers were and they'd get their
addresses and they would mail them free
coupons for coca-cola driven by
Robinson's aggressive advertising
coca-cola expanded to soda fountains
across the country sales jumped to half
a million gallons of syrup by 1901
roughly 60 million cokes
America seemed addicted to coca-cola
the only problem was that some people
began to wonder why there were a lot of
stories begin appearing in in various
national publications about people who
were afflicted with addictions to
coca-cola and other soft drinks that
contain could contain cocaine and there
was an outcry building against it in
1906 with public pressure mounting
cancer went back to the laboratory and
developed a complicated process that rid
the drink of any trace of the drug once
and for all this beverage this magic
concoction Coca Cola a simple a simple
refreshment advertised now only as a
refreshment having no no magic qualities
no health inducing properties but just
simple refreshment that the success of
Atlanta holy water a Coca Cola was
repeated over and over again its critics
silenced Coca Cola's sales continued to
climb almost all the coke sales came
from selling syrup to soda fountains
back then carbonated drinks were seldom
sold in bottles at all changed in 1899
when the first coca-cola bottling plant
was set up in nearby Chattanooga soon
bottling plants sprang up across the
country now it seemed coke was
everywhere coca-cola was a pervasive
kind of thing you'd see it on Main
Street you'd see it at your your Civic
Club you'd see it at the high-school
football game soon others attempted to
cash in on coke success with sound-alike
names and identical-looking bottles and
logos cokes competitors had an easy time
confusing the drink buying
determined to set his product apart
Candler directed his bothers to come up
with a unique distinctive package the
result unveiled in 1916 was so simple
yet so original it became an American
icon it was the same everywhere a
universal bottle that even a blind man
when the bottle is placed in his hand he
can feel its contours and know that that
is coca-cola the pains the company took
to protect the formula were equaled only
by how vigorously coke defended its name
coke militantly protected its trademark
against anyone who tried to use a
similar name and they were successful in
literally hundreds of infringement suits
and they drove competing Coca's and
colas out of business for years
if Candler seemed obsessive about
protecting his trademark it was nothing
compared to how obsessive he was about
protecting the ingredients of coca-cola
the only written copy of the formula was
kept in a bank Walt and why not
coca-cola had made Candler fabulously
wealthy success that he attributed as
much to the taste of coke as to the
marketing and distribution operation he
had created but despite his phenomenal
success Candler was dissatisfied I think
he felt guilty about the massive wealth
he was accumulating selling coca-cola I
don't think he thought the product was
terribly worthwhile in 1919 Candler and
his family decided to sell coca-cola
among those interested was a powerful
Atlanta banker named Ernest Woodruff
almost everybody hated Ernest Woodruff
he was a unpleasant person by all
accounts although I found this wonderful
quote from a contemporary newspaper from
around 1919 saying Ernest Woodruff is
not a companionable man and he has few
friends but when he calls the dollars
come Chandler did not want to sell his
company to a man like Woodruff so when
his family accepted an offer to sell for
twenty five million dollars he figured
Woodruff was out of the running he think
you're drunk he was considered a shark
and a sharp operator and someone not to
be entirely trusted and ASA Candler in
particular would have nothing to do with
him he considered Ernest Woodruff to be
an unsavory figure and so it was a big
surprise days a Candler when he found
out who had actually bought coca-cola
Woodruff wanted coca-cola merely as an
investment he had no real interest in
running the company in 1923 Woodruff
turned coca-cola over to his 33 year old
son Robert the story goes that Robert
took the job with the explicit
understanding that his father would not
be countermanding everything he did
would not be looking over his shoulder
that he would really be the boss of the
company
and indeed he became known as the boss
that was his nickname unlike his father
Robert was very interested in running
the company he oversaw virtually every
facet of the operation from production
to marketing but he overlooked one small
detail when we returned coca-cola
bundles the chance to crush a struggling
upstart challenger that would one day
emerge as cokes greatest nemesis in 1891
of the first coca-cola slogans read the
wonderful nerve and brain tonic and
remarkable therapeutic agent the cola
wars will return on modern marvels
[Music]
well the colas portion was made in the
bustling metropolis of Atlanta
pepsi-cola originated in a more remote
location it was created in 1898 in New
Bern North Carolina by a pharmacist
named Caleb Bradham Kayla was a druggist
a pharmacist who liked to fool around
with a soda fountain then came up with a
drink at that time was called Brad's
drink very popular in New Bern marketing
for it supposed the digital quality's
Pepsi's patent medicine origins were
similar to cokes with one noted
exception rather than coca-cola which
was created as a Madison Pepsi was
essentially a meant to be a drink from
the very first as a refreshing pepper
operon certainly with the caffeine that
was in it from the Kola nut it would do
that in 1902 Bradham renamed Brad's
drink Pepsi Cola and just like Coca Cola
the name was misleading Bradham used the
name column from the popularity of coal
at that time and he combined that with a
pepsin which aids digestion and that was
the one of the early advertising claims
of Pepsi Cola that did a digestion
although Pepsi never had any pepsin in
it by 1907 Pepsi was selling 100,000
gallons of syrup a year less than 10
years later
Radames budding Pepsi Empire had grown
to nearly 300 bottling operations in 24
states it became an instant success by
about 1910 Pepsi Cola was being sold
throughout North and South Carolina
Virginia Georgia Alabama so it had done
very well very quickly
then in the midst of World War one
disaster struck sugar prices shot up
dramatically to keep pepsi flowing into
the nation soda fountains Bratton took a
huge gamble random decided to bite the
bullet and order a lot of sugar and buy
sugar futures at the high price because
he thought would go higher unfortunately
the price of sugar dropped from 22 cents
down to below three cents a pound again
almost overnight and the Pensacola
Company was simply ruined ruined and out
of business with his company shut down
Bratton returned to his drugstore the
Pepsi story would have ended then and
there if it weren't for a blunder by
coca-cola
after the war and aided by prohibition
Coca Cola's sales skyrocketed reaching
23 million dollars in 1923 with the bars
shut down soda fountains did a booming
business that not even the Great
Depression could dent according to
Barron's magazine that merry symphony of
nickels and dimes rolling into myriad
cash registers across the nation and
eventually into the coca-cola company's
treasury has meant a remarkably steady
income both in good times and bad
lost candy stores a new york-based chain
of soda fountains alone sold nearly 4
million cokes a year in 1932 Lofts
president the bottom line minded Charles
guff approached Woodruff and coca-cola
demanding a discount on the syrup for
his fund ins gut thought that he should
get a discount the Coca Cola was so high
and mighty they didn't give anybody
discounts so guff bought Pepsi when it
was in one of its perennial bankruptcies
and he started selling it in his soda
fountains but with the lofts doors as
its only outfit it wasn't long before
Pepsi was verging on bankruptcy once
again at this point he decide that maybe
he had done the best thing and bringing
Pepsi cult aloft swallowing his
considerable pride guff went back to
Woodruff and offered to sell Pepsi to
him
Coco listen you know you've got nothing
we're not interested and as I say the
rest is history it was a blunder because
he could have eliminated his principle
competition for a very cheap price
Woodruff had missed a golden opportunity
to crush Pepsi before it became a threat
worse Woodruff Farragut's only stiffened
guts result in 1934 all of America was
in the grips of the Great Depression
millions were out of work and money was
tight a nickel was a lot of money to
depression starved Americans gov came up
with a plan to give people more for
their money and keep his company afloat
he managed to buy some old beer bottles
and beer bottles in those days had paper
labels so that you could put on a new
label for the brawny brand you wanted
and he bought a lot of them for very
little money and he sold at 12 ounce
bottle for five cents at that time every
other soft it was being sold six ounces
for a nickel
within days all the pepsi-cola stock
they had it was gone people love the 12
ounce for a nickel
although Pepsi's advertisement at that
time was centered around a nickel twice
as much for nickel America's biggest
nickel drink a nickel was really a lot
of money and the fact that you can pay a
nickel get twice as much really
influenced a lot of people to buy Pepsi
Cola instead of Coca Cola in just six
months
Pepsi went from bankruptcy to turning a
$100,000 profit a Pepsi sales were still
minuscule compared to cokes but Pepsi
was alive down in Atlanta the giant of
the Cola business was suddenly anxious
when we return Coke and Pepsi battle it
out in a grudge match for number one
John
dr. Merton was a Confederate
lieutenant-colonel earned a medical
degree at 19 and set up a top-rated lab
for chemical analysis and manufacture
the cola wars will return on modern
marvels
[Music]
as World War two raged in Europe the
slumbering giant of American industry
awakened steel mills aircraft factories
in shipyards sprang to life to support
the war effort but the war presented a
serious challenge to Coke and Pepsi when
world war ii broke out coca-cola was
immediately confronted with the threat
of sugar rationing that would probably
cut its domestic sales by half while his
management team was panicking Woodruff
seized the initiative and went off to
Washington and tried to argue with the
government and tell them that coca-cola
was a wartime necessity and to a
remarkable extent he succeeded soon
millions of cases of coca-cola were
being supplied to military training
camps but Woodruff had managed to do
more than just secure the exclusive
rights to sell soft drinks to servicemen
he dealt Pepsi a devastating blow as
well any Coca Cola that went to the
Troops was the exempt from sugar
rationing and Pepsi did not get this
while coke it unrestricted access to
rationed sugar and other commodities
Pepsi struggled there was a bother in
West Virginia who during the World War
two could not get enough sugar for Pepsi
so what he did is he also had a candy
business he melted down all his rock
candy and extracted the pepper sugar of
it for his Pepsi coca-cola on the other
hand had full access to all the sugar
they needed
wherever American GIs went from the
North African desert to the jungles of
the Pacific Coca Cola followed at the
coca-cola company I remember a telegram
that was framed and and put there on the
fourth floor offices the executive suite
and it said send six coca-cola bottling
plants Ike
during World War two American servicemen
consumed 10 billion bottles of coke the
cokes support of the war effort was more
than just racking up sales it was the
single greatest marketing coup in the
company's history coca-cola provided the
GIS with a taste of home and it was
there as they came back from battle
often at the very front lines
he had technical advisors of Coca Cola
Colonels if you will who were there to
see that the bottling was done right
that was different from product I
daresay like spam that some GIS had less
pleasant memories of the coca-cola
became an icon to the American GI what
began as a mercenary business decision
ended up taking on a life of its own and
and the American GI came to have a
devotion to coke it was like a letter
from your sweetheart
pour time for play of course means forth
they're still the neap are used to the
devotion of a generation of servicemen
coca-cola entered the 50s feeling
invincible Woodruff and coca-cola all
but turned their backs to the threat
posed by PepsiCo with a great contempt
that Robert Woodruff and the other
leaders of coca-cola had for Pepsi is
it's almost amusing now they called it
the imitator we would refer to the
competitor as the Pecola we have to look
out for that cooler over here or over
there or at that important supermarket
or food store t Cola will make a run at
us Pecola
[Laughter]
Woodruff and Coca Cola had good reason
to feel invulnerable just becoming its
president in 1923 Woodruff had led coke
on a meteoric climb
the drink now had a worldwide presence
with annual sales approaching 1 billion
dollars Woodruff that proven is worth to
his father and a coca-cola stockholders
many of whom he made very rich a single
$40 share purchased in 1919 was now in
1950 worth nearly $5,000 secure in his
dominance of the soft drink industry
Woodruff let the company coast along you
had Woodruff refusing to to change the
things that had worked for him and I
think a lot of successful businessmen
have that problem but he insisted on
having one price the nickel even as the
cost of ingredients was going on one
product coca-cola no other flavors for
the vending machines that were now
popping up and only one size of
container the old six and a half ounce
bottle but in the 50s and 60s the soft
drink business along with the rest of
the world was rapidly changing companies
were expanding and diversifying their
products and marketing efforts Pepsi was
controlled not by one man like Woodruff
at coke but by a conglomerate of CEOs
brand managers and directors
as the soft drink industry grew more and
more products flavours and packages
entered the market each year even a
staunch traditionalist like Woodruff
reluctantly had to follow suit
finally in 1955 Woodruff allowed a
bigger Coca Cola and eventually like in
1961 they came out with sprite so they
began to come out with other flavors
there would be other changes to the cola
wars were escalating and there was a new
all-powerful weapon in the battle
television say what I have more fun and
come on along and let's join the Pepsi
crowd trailing Coke in sales Pepsi made
full use of the new medium faced with a
world war two generations fanatical
devotion to coca-cola Pepsi simply
ignored them focusing on their kids
instead places the people they love and
Pensacola is their one Cola that belongs
with every happy hopeful moment we came
upon the notion of instead of talking
about the product so much let's talk
about the consumer that uses it the type
of person that would buy or use this
product and it was Willie at that time
termed a necktie philosophy meaning that
if you look at a man's tie you can tell
something about him usually I mean it's
it's right there and then was true about
what soft drink he would hold in his
hand that if he had a Pepsi Cola ends
and chances are he would be less
traditional he might be more youthful it
didn't take long for coke to realize
that if they seated the youth market to
Pepsi eventually they'd run out of
customers coke struck back with one of
the most famous commercials ever
produced
[Music]
the funny story behind that is that the
president of the company at the time did
not think that that ad was a very good
idea he thought it was a little too
pacifistic a little too treacly to
saccharine sweet but he shrugged and he
said well that's why we have an
advertising department so he gave the
green light to it and became immensely
popular song that I think captured
something of a generational feeling
despite the success of Coca Cola's
extraordinary ad it was too little too
late
Betsy's market share continued to climb
and in 1975 Pepsi went for the jugular
they launched a massive ad campaign
called the Pepsi challenge we did an
illegitimate taste tests with all kinds
of specifications on the freshness of
the two products being tested the
temperature of the two products and so
forth and alternating which one was
tasted first and which one wasn't and
all through those tests we learned that
Pepsi when it was not identified was
preferred by 1984 Pepsi had grown from
depression near underdog to a vicious
attack dog Pepsi's market share now
trailed Koch's by less than three
percentage points
Pepsi sales were were about equal to
coca-cola that's something that never
occurred before and in some markets uh
Pepsi had even pulled ahead taste after
years of relentless and aggressive
marketing the imitator had finally
caught up in Coca Cola's Atlanta
headquarters panic ensued
when we return coca-cola stages a
classic blunder John Pemberton's first
soft drink was sold to the public at the
soda fountain and Jacobs pharmacy in
Atlanta on May 8 1886 the cola wars will
return on modern marvels
[Music]
in the early 1980s coca-cola was in
trouble Pepsi's relentless pursuit of
the youth market and their highly
successful Pepsi challenge campaign had
brought them to within a few share
points of cokes once insurmountable
market dominance unbeknownst to the
public and all but the highest of coke
management the company began to tinker
with the most guarded most sacred part
of Coca Cola's Empire the formula the
decision was made that that they
actually had to change the formula to
make a little bit more like Pepsi to
fend off the competition the change
would have been unthinkable if Robert
Woodruff still held a tight rein on the
company but by the 1980s Coca Cola's
aging patriarch was a fading relic a
mere shadow of the man who'd run the
company for over 60 years I don't
believe that Robert Woodruff in 1985 was
capable of understanding much he was 95
years old by that of severely diminished
capacity was virtually blind and deaf
running a company in Woodruff's plates
was Roberto Gus waiter my ass Roberto
Gazeta who was born in Cuba had become
the CEO and had announced early on that
there were no sacred cows there were no
sacred formulas he would do anything to
be aggressive and to get this company
going again to going no one at coca-cola
would dare admit it more likely Cola
they had ridiculed for years as the
imitator they were an awkward position
they couldn't say we're making a case
more like Pepsi which is what they were
doing and they couldn't really explain
why they were changing it so they just
said well it's new and improved I do ask
unshaken in his belief that New Coke was
a superior product cause way too
launched a new formula with a tremendous
fanfare inviting over 700 members of the
press to the unveiling at New York's
Lincoln Center
across the country premiere parties
trumpeted new coke Robin you nation
coca-cola and you too will like it just
is everybody here and Robert Woodruff
Park enjoys the taste of coca-cola well
y'all come on down to the bar we despite
the dramatic unveiling things quickly
soured for goys widow and new cook I
don't like it have you tried the new
coaster
what do you think of that so I get very
disappointed I think we've lost the
American tradition that the real taste
is gone down here what the coca-cola
people had forgotten was how well they
had succeeded with their advertising how
well they had made coca-cola a part of
people's everyday lives within a matter
of days goes waiter was rudely awakened
to a fact that Candler and Woodruff had
long known coca-cola had an intensely
loyal following not the real thing
calls flooded cokes 800-number newspaper
editorials blasted the formula change
and new cokes rollout parties in 45
cities turned into angry protests
hundreds and thousands and ultimately
tens of thousands of bitterly angry
phone calls came in and a lot of them
were from people who didn't even drink
coca-cola was just American citizens who
thought that something familiar and
important in their lives had been taken
away from them without their permission
they got these letters saying I wouldn't
be as upset if you'd burn the flag on my
lawn I wouldn't be as upset as if you
told me God was dead I wouldn't be as
upset if you change the American
Constitution I mean this is the changing
the flavor of a soft drink and it
dominated the news for three months it
was unbelievable and finally and they
had psychologists listening in on the
800-number
wine who said that these people sounded
as if a family member had died that was
the way they felt we have planned the
attack the angry letters poured in and
one message rang through loud and clear
there's no way you're not taking my
coca-cola away if Pepsi was the imitator
just what was new coke all the company's
years of smug superiority came crashing
down
Pepsi of course had a field day
Pepsi very cleverly declared a holiday
in celebration that announced that they
had won the cola wars let everybody off
for a day
the formula change boosted more than
pepsi self-confidence Pepsi sales surged
as well Pepsi became the top-selling
Cola in the world by July boys Wetty had
had enough the old formula was back and
soon so was cokes market share the news
about the introduction of coca-cola
classic ran on the Dow Jones wire at
3:18 p.m. yesterday
once coca-cola classic came back it was
wildly successful the same beverage that
had been losing market share for 20
years started to gain it so much so that
many people think that they did this on
purpose there's this sort of folklore
that the coke guys did this whole new
coke thing fiasco as a marketing ploy
because of what happened from it or let
me tell you it was not a marketing ploy
they screwed up there was the marketing
blunder of the century but it came out
well for them today Coke and Pepsi are
locked in mortal kombat for market share
and not just in Cola both companies have
expanded into multiple brands coke with
Minute Maid sprite surge and a multitude
of others other Pepsi brands include
Tropicana Mountain Dew and slice and
then there are the myriad offsprings of
their marquee products FC also owns
Frito Lay the number one snack food
company in the world in the mid 1980s
flush with cash both companies were on a
buying spree expanding well beyond the
beverage markets they dominated coke
bought Columbia Pictures
PepsiCo bought Kentucky Fried Chicken
Taco Bell and Pizza they both since
divested those spin-offs sticking to
what they do best marketing beverages
the cola wars continued unabated a
worldwide struggle that's more than just
a war for market share
more than a mere battle for the
consumers spare change the passions of
cola loyalty come from all the
psychology of the advertising and
marketing that we grow up with families
or coke families or Pepsi families it's
almost like North and South and what the
product actually tastes like is only a
small part of that you can't really
separate the psychological impact of the
trademark and what it evokes in you from
the actual product itself to some the
cooler war is about far more than simple
rival companies or rival flavors it's an
epic battle between two competing
ideologies between right and wrong or
good and evil I believe the Coke and
Pepsi together this cold war they've
been in for decades now actually help
each other sell an awful lot of product
I think they've been they've been good
for each other
so had coke ended up with a monopoly on
the Cola beverage what would have
happened who knows
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