Pepsi unveils new advertising effort, scraps 'Generation Next' campaign
Article Abstract:
When your cola sales volume increases only 1.3% over 10 years compared with Coke Classic's 33% rise, you do something about it, especially if you are Pepsi. What Pepsi has done is a complete turnaround in its advertising. The new tagline is, "The Joy of Cola," there is a new Joy of Cola jingle sung by Aretha Franklin and Isaac Hayes. The voice of Marlon Brando is also used, possibly coming out of the mouth of a little girl. The new campaign debuts March 21, 1999. Omnicom's BBDO New York created the ads.
Comment:
New ad campaign takes a more traditional path
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1999
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Pepsi posts strong earnings while Coke's fizzle
Article Abstract:
PepsiCo Inc. announced a 19% improvement in its continuing operations earnings for the second-quarter of 1998. The figures were higher than what analysts had expected. The earnings figure did not include charges from the same period in 1997. Coca-Cola Co. announced that its net income dropped by 9.4% due to a strong US dollar. Coke's global, unit-case volume increased 10% compared to the same period in 1997.
Comment:
Coca-Cola Co. announced that its net income for 1998 second-quarter dropped by 9.4% due to a strong US dollar
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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