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Pepsi (1898) exhilarating, invigorating, aids digestion Diet Pepsi (1963) -you got right one baby in 1990 as this is diet Mountain dew (1964) - yahoo mountain Dew Mirinda -give into the taste 7up 1980 the Uncola and fido dido-
Coca cola (1886) the pause that refreshes. Diet coke (1982) just for the taste of it . Sprite (1961) great lemon taste make sense. Fanta(1960) grab a taste of Friday. Thums up(1977) and acquired by coke in (1993) toofani thanda. Limca (1971) acquired by coke in (1993) lime n lemonic limca .
Pepsi from its initial stage emphasize to build the brand as youngster drink that clearly target youth. Target audience : Pepsi target the age group of 15-25 years which belong to teenager and young adults. Pepsi target consumers which is young having never failing attitude ,have desire to take challenges and power to turn around things which also reflects in its taglines. Generation next The choice for new generation A generation a head to name a few.
In 1995 Coke v/s Pepsi diner commercial create a great hype in the media where Pepsi mocking the cock and becomes top influential add in Pepsi history.
Both Coca- Cola and Pepsi were 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 Blind taste test 1975: As a part of marketing, 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 test results to the public.
Coke (1975)34.4million $ - 211.5million$ (1993) Pepsi (1975)25.3 million$ -147 million $ (1993)
Pepsi needs to play catch-up in marketing. Its ad spending on beverages has trailed Coca-Cola in both absolute terms and as a percentage of sales for years. In each of the past three years, Coca-Cola spent close to $3 billion on advertising, while PepsiCo spent less than $2 billion promoting its beverage brands.
As a percentage of sales, Coca-Cola spent 8% on marketing in 2010, while PepsiCo spent just 3% on its beverage brands, the most recent information shows Pepsi spent $1.1 billion dollars on advertising in 2005.
Coca cola arrives in India in 1958 and present till 1977but due to some political environment reforms coca cola had to departure from india and re-entered in 1993 and merge with Parle Indian company which had its strong roots in local market of soft drinks via Thumbs up and Limca .coca cola acquired both drinks .using, prevailing brand advertisement of Limca and thumbs up, coke channelize the same advertisement trend in coke . In 2003 after advertising the coke with global Punchline Coke uses the Desi Punchline which was thanda matlab coca-cola taking the sample from thums up punchline toofani thanda
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Pepsi arrives in India in 1986 after the temporary departure of coke from India, under the name Lehar Pepsi, merging with Punjab agro and voltas. Pepsi entered the market after coca cola departure and was able to gain a foothold in the market while it was still developing ,Gained 26% market share by 1993. From 1990-1994 Pepsi used the twin tagline name Yehi hai right choice baby a-ha and The choice of next Genration. In 1990 pepsi launched 7 up drink for indian market with its international mascot fido dido In 1991 pepsi lauched mirinda with punchline mirindaaaaaa exclaiming open mouth. In 2003 pepsi launched mountain dew with global campaign do the dew
Pepsi co said that tournament has big appeal in all age groups as the ratings of last IPL is 47% higher than the international cricket council t20s world cup in 2012
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conclusion
Both Pepsi and coke continue its rivalry globally through print and videos adds in order to compete each other for the spot of no1 soft drink company since Pepsi is dominating the India soft drink market from past two years now seems to lag behind by approx 20 % as compared to sales with coca cola in India .but keeping in view Pepsi long term advertising strategy and investment in IPL can change the future scenario. Globally coke is the no 1 soft drinks company having the major market in U.S.A. Advertisement war between both companies will prove very beneficial to their local as well as global brand ambassador. Using their influential and big budgeted advertisement strategies both will not face any third competitor soon enough in global market as well as in Indian markets.