History OF
PEPSI
Born in the Carolinas in 1898,
Pepsi-Cola has a long and rich history. The drink is the invention of Caleb
Braham (left), a pharmacist and drugstore owner in New Bern, North Carolina.
The information published here is
provided by PepsiCo, Inc. and may be accessed at their site: www.pepsi.com.
The summer of 1898, as usual, was
hot and humid in New Bern, North Carolina. So a young pharmacist named Caleb
Braham began experimenting with combinations of spices, juices, and syrups
trying to create a refreshing new drink to serve his customers. He succeeded
beyond all expectations because he invented the beverage known around the world
as Pepsi-Cola.
Caleb Braham knew that to keep
people returning to his pharmacy, he would have to turn it into a gathering
place. He did so by concocting his own special beverage, a soft drink. His
creation, a unique mixture of kola nut extract, vanilla and rare oils, became
so popular his customers named it "Brad's Drink." Caleb decided to
rename it "Pepsi-Cola," and advertised his new soft drink. People
responded, and sales of Pepsi-Cola started to grow, convincing him that he
should form a company to market the new beverage.
In 1902, he launched the Pepsi-Cola
Company in the back room of his pharmacy, and applied to the U.S. Patent Office
for a trademark. At first, he mixed the syrup himself and sold it exclusively
through soda fountains. But soon Caleb recognized that a greater opportunity
existed to bottle Pepsi so that people could drink it anywhere.
The business began to grow, and on
June 16, 1903, "Pepsi-Cola" was officially registered with the U.S.
Patent Office. That year, Caleb sold 7,968 gallons of syrup, using the theme
line "Exhilarating, Invigorating, Aids Digestion." He also began awarding
franchises to bottle Pepsi to independent investors, whose number grew from
just two in 1905, in the cities of Charlotte and Durham, North Carolina, to 15
the following year, and 40 by 1907. By the end of 1910, there were Pepsi-Cola
franchises in 24 states.
Pepsi-Cola's first bottling line
resulted from some less-than-sophisticated engineering in the back room of Caleb's
pharmacy. Building a strong franchise system was one of Caleb's greatest
achievements.
Local Pepsi-Cola bottlers, entrepreneurial in spirit and
dedicated to the product's success, provided a sturdy foundation. They were the
cornerstone of the Pepsi-Cola enterprise. By 1907, the new company was selling
more than 100,000 gallons of syrup per year.
Growth was phenomenal, and in 1909 Caleb
erected a headquarters so spectacular that the town of New Bern pictured it on
a postcard. Famous racing car driver Barney Oldfield endorsed Pepsi in
newspaper ads as "A bully drink...refreshing, invigorating, a fine bracer
before a race."
The previous year, Pepsi had been
one of the first companies in the United States to switch from horse-drawn
transport to motor vehicles, and Caleb's business expertise captured widespread
attention. He was even mentioned as a possible candidate for Governor. A 1913
editorial in the Greensboro Patriot praised him for his "keen and
energetic business sense."
Pepsi-Cola enjoyed 17 unbroken years
of success. Caleb now promoted Pepsi sales with the slogan, "Drink
Pepsi-Cola. It will satisfy you." Then came World War I, and the cost of
doing business increased drastically. Sugar prices see sawed between record
highs and disastrous lows, and so did the price of producing Pepsi-Cola. Caleb
was forced into a series of business gambles just to survive, until finally,
after three exhausting years, his luck ran out and he was bankrupted. By 1921,
only two plants remained open. It wasn't until a successful candy manufacturer,
Charles G. Goth, appeared on the scene that the future of Pepsi-Cola was
assured. Goth was president of Loft Incorporated, a large chain of candy stores
and soda fountains along the eastern seaboard. He saw Pepsi-Cola as an
opportunity to discontinue an unsatisfactory business relationship with the
Coca-Cola Company, and at the same time to add an attractive drawing card to
Loft's soda fountains. He was right. After five owners and 15 unprofitable
years, Pepsi-Cola was once again a thriving national brand.
One oddity of the time, for a number
of years, all of Pepsi-Cola's sales were actually administered from a Baltimore
building apparently owned by Coca-Cola, and named for its president. Within two
years, Pepsi would earn $1 million for its new owner. With the resurgence came
new confidence, a rarity in those days because the nation was in the early
stages of a severe economic decline that came to be known as the Great
Depression.
1898 Caleb Bradham, a New Bern, North
Carolina, pharmacist, renames "Brad's Drink," a carbonated soft drink
he created to serve his drugstore's fountain customers. The new name,
Pepsi-Cola, is derived from two of the principal ingredients, pepsin and kola
nuts. It is first used on August 28.
1902 Bradham applies to the U.S.
Patent Office for a trademark for the Pepsi-Cola name.
1903 In keeping with its origin as a pharmacist's
concoction, Bradham's advertising praises his drink as "Exhilarating,
invigorating, aids digestion."
1905 A new logo appears, the first
change from the original created in 1898.
1906 The logo is redesigned and a
new slogan added: "The original pure food drink." The trademark is
registered in Canada.
1907 The Pepsi trademark is
registered in Mexico.
1909 Automobile racing pioneer
Barney Oldfield becomes Pepsi's first celebrity endorser when he appears in
newspaper ads describing Pepsi-Cola as "A bully drink...refreshing,
invigorating, a fine bracer before a race." The theme "Delicious and
Healthful" appears, and will be used intermittently over the next two
decades.
1920 Pepsi appeals to consumers
with, "Drink Pepsi-Cola. It will satisfy you."
1932 The trademark is registered in
Argentina.
1934 Pepsi begins selling a 12-ounce
bottle for five cents, the same price charged by its competitors for six
ounces.
1938 The trademark is registered in
the Soviet Union.
1939 A newspaper cartoon strip,
"Pepsi & Pete," introduces the theme "Twice as Much for a
Nickel" to increase consumer awareness of Pepsi's value advantage.
1940 Pepsi makes advertising history
with the first advertising jingle ever broadcast nationwide. "Nickel,
Nickel" will eventually become a hit record and will be translated into 55
languages. A new, more modern logo is adopted.
1941 In support of America's war
effort, Pepsi changes the color of its bottle crowns to red, white and blue. A
Pepsi canteen in Times Square, New York, operates throughout the war, enabling
more than a million families to record messages for armed services personnel
overseas.
1943 The "Twice as Much"
advertising strategy expands to include the theme, "Bigger Drink, Better
Taste."
1949 "Why take less when
Pepsi's best?" is added to "Twice as Much" advertising.
1950 "More Bounce to the
Ounce" becomes Pepsi's new theme as changing soft drink economics force
Pepsi to raise prices to competitive levels. The logo is again updated.
1953 Americans become more weight
conscious, and a new strategy based on Pepsi's lower caloric content is
implemented with "The Light Refreshment" campaign.
1954 "The Light
Refreshment" evolves to incorporate "Refreshing Without
Filling."
1958 Pepsi struggles to enhance its
brand image. Sometimes referred to as "the kitchen cola," as a
consequence of its long-time positioning as a bargain brand, Pepsi now
identifies itself with young, fashionable consumers with the "Be Sociable,
Have a Pepsi" theme. A distinctive "swirl" bottle replaces
Pepsi's earlier straight-sided bottle.
1959 Soviet Premier Nikita
Khrushchev and U.S. Vice-President Richard Nixon meet in the soon-to-be-famous
"kitchen debate" at an international trade fair. The meeting, over
Pepsi, is photo-captioned in the U.S. as "Khrushchev Gets Sociable."
1961 Pepsi further refines its
target audience, recognizing the increasing importance of the younger, post-war
generation. "Now it's Pepsi, for Those who think Young" defines youth
as a state of mind as much as a chronological age, maintaining the brand's
appeal to all market segments.
1963 In one of the most significant
demographic events in commercial history, the post-war baby boom emerges as a
social and marketplace phenomenon. Pepsi recognizes the change, and positions
Pepsi as the brand belonging to the new generation-The Pepsi Generation.
"Come alive! You're in the Pepsi Generation" makes advertising
history. It is the first time a product is identified, not so much by its
attributes, as by its consumers' lifestyles and attitudes.
1964 A new product, Diet Pepsi, is
introduced into Pepsi-Cola advertising.
1966 Diet Pepsi's first independent
campaign, "Girlwatchers," focuses on the cosmetic benefits of the
low-calorie cola. The "Girlwatchers" musical theme becomes a Top 40
hit. Advertising for another new product, Mountain Dew, a regional brand
acquired in 1964, airs for the first time, built around the instantly
recognizable tag line, "Ya-Hoo, Mountain Dew!"
1967 When research indicates that
consumers place a premium on Pepsi's superior taste when
Chilled, "Taste that beats the
others cold. Pepsi pours it on" emphasizes Pepsi's product superiority.
The campaign, while product-oriented, adheres closely to the energetic,
youthful, lifestyle imagery established in the initial Pepsi Generation campaign.
1969 "You've got a lot to live.
Pepsi's got a lot to give" marks a shift in Pepsi Generation advertising
strategy. Youth and lifestyle are still the campaign's driving forces, but with
"Live/Give," a new awareness and a reflection of contemporary events
and mood become integral parts of the advertising's texture
1973 Pepsi Generation advertising continues to
evolve. "Join the Pepsi People, Feelin' Free" captures the mood of a
nation involved in massive social and political change. It pictures us
the way we are-one people, but many
personalities.
1975 The Pepsi Challenge, a landmark
marketing strategy, convinces millions of consumers that Pepsi's taste is
superior.
1976 "Have a Pepsi Day" is
the Pepsi Generation's upbeat reflection of an improving national mood.
"Puppies," a 30-second snapshot of an encounter between a very small
boy and some even smaller dogs, becomes an instant commercial classic.
1979 With the end of the '70s comes
the end of a national malaise. Patriotism has been restored by an exuberant
celebration of the U.S. bicentennial, and Americans are looking to the future
with renewed optimism. "Catch that Pepsi Spirit!" catches the mood
and the Pepsi Generation carries it forward into the '80s.
1982 With all the evidence showing
that Pepsi's taste is superior, the only question remaining is how to add that
message to Pepsi Generation advertising. The answer? "Pepsi's got your
Taste for Life!," a triumphant celebration of great times and great taste.
1983 The soft drink market grows more
competitive, but for Pepsi drinkers, the battle is won. The time is right and
so is their soft drink. It's got to be "Pepsi Now!"
1984 A new generation has emerged-in
the United States, around the world and in Pepsi advertising, too. "Pepsi.
The Choice of a New Generation" announces the change, and the most popular
entertainer of the time, Michael Jackson, stars in the first two commercials of
the new campaign. The two spots quickly become "the most eagerly awaited
advertising of all time."
1985 Lionel Richie leads a
star-studded parade into "New Generation" advertising followed by pop
music icons Tina Turner and Gloria Estefan. Sports heroes Joe Montana and Dan
Marino are part of it, as are film and television stars Teri Garr and Billy Crystal.
Geraldine Ferraro, the first woman nominated to be vice president of the U.S.,
stars in a Diet Pepsi spot. And the irrepressible Michael J. Fox brings a
special talent, style and spirit to a series of Pepsi and Diet Pepsi
commercials, including a classic, "Apartment 10G."
1987 After an absence of 27 years,
Pepsi returns to Times Square, New York, with a spectacular 850-square foot
electronic display billboard declaring Pepsi to be "America's
Choice."
1988 Michael Jackson returns to
"New Generation" advertising to star in a four-part
"episodic" commercial named "Chase." "Chase" airs
during the Grammy Awards program and is immediately hailed by the media as
"the most-watched commercial in advertising history."
1989 "The Choice of a New
Generation" theme expands to categorize Pepsi users as "A Generation
Ahead!"
1990 Teen stars Fred Savage and Kirk
Cameron join the "New Generation" campaign, and football legend Joe
Montana returns in a spot challenging other celebrities to taste test their
colas against Pepsi. Music legend Ray Charles stars in a new Diet Pepsi
campaign, "You got the right one baby."
1991 "You got the Right one
Baby" is modified to "You got the Right one Baby, Uh-Huh!" The
"Uh-Huh Girls" join Ray Charles as back-up singers and a campaign
soon to become the most popular advertising in America is on its way.
Supermodel Cindy Crawford stars in an award-winning commercial made to
introduce Pepsi's updated logo and package graphics.
1992 Celebrities join consumers,
declaring that they "Gotta Have It." The interim campaign supplants
"Choice of a New Generation" as work proceeds on new Pepsi
advertising for the '90s. Mountain Dew growth continues, supported by the
antics of an outrageous new Dew Crew whose claim to fame is that, except for
the unique great taste of Dew, they've "Been there, Done that, Tried
that."
1993 "Be Young, Have fun, Drink
Pepsi" advertising starring basketball superstar Shaquille O'Neal is rated
as best in U.S.
1994 New advertising introducing
Diet Pepsi's freshness dating initiative features Pepsi CEO Craig Weather up
explaining the relationship between freshness and superior taste to consumers.
1995 In a new campaign, the company
declares "Nothing else is a Pepsi" and takes top honours in the
year's national advertising championship.
HISTORY OF
PEPSI IN INDIA
As an MNC ON the globe ,Pepsi foods Ltd. is one of the
largest soft drink company at the world with its head quarter in new York.
Pepsi entered in the
Indian soft drinks market in 1988 and began its production in may ,1990 and
soon it was giving the local contenders the run for their market . it come out with dazzling marketing
innovation that ranked the cola market line selling the product through
functional Pepsi outlets.
Pepsi success in
creating a brand almost from scratch. In India it is the stuff that marketing
case studies are made given the problem of doing over advailtage it entered
before coke returned was considerable reduced by the onerous export obligation
slapped on the company .yet right from beginning Pepsi demonstrated for the
more focused approach while it entered.
The market like any other mnc ,it was quick to
adopt .it realize that consumer particularly the youth to whom it consciously
reached out world identify batter with a brand
that they see as global yet India Pepsi was built as desi brand hence
its deliberate attempt to build ad-campaign using the popular Hinglish ,in the
process slogan like ‘’yahihai right choice baby Aha’’and ‘’ye dil mange more’’
become a part of regular consciousness.
Coke consequently it was
able to pursue it chosen policy with for greater zeal and dedication.Unlike
coke which paid enormous prices to buy establish local brands .Pepsi brought it
own staff over and pushed those
aggressively witty dealers, retailers and consumer. Right now ,it can bark in
its outstanding success inbuilt, dingo brand that has become synonymous with
soft drinks across the length and breadth of the country.
MISSION &
VISION OF THE PEPSICO
Mission of the pepsico
Our mission is to be the
world’s premier consumer product company focused on convenient foods and
beverages.
We seek to produce
financial rewards to investors as we provide opportunities for growth and
enrichment to our employees, our business partners and the communities in which
we operate. and in everything we do, we strive for honesty, fairness and
integrity.
Vision of the pepsico
‘’PepsiCo’s
responsibility is to continually improve all aspects of the world in which we
operate- environment, social, economic – creating a better tomorrow than
today.’’Our vision is put into action through programs and a focus on
environmental stewardship,activities to benefit society, and a commitment to
build shareholder value by makingPepsiCo a truly sustainable company.
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