Preview

Pepsi - Cola

Powerful Essays
Open Document
Open Document
1679 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pepsi - Cola
Northwestern University
College of Business Education
Laoag City

Strategic Management
Environmental Analysis:
Pepsi-Cola Products Philippines, Inc.

Submitted to:
Sonders G. Lucas

Submitted by:
Cu, Princess Charlene V
Daproza, Jema C
Pacpaco, Charlene B
Manayan, John Elmor M

February 11, 2014
HISTORY
The Summer of 1898
It was a hot and humid in New Bern, North Carolina. so a young pharmacist named Caleb Bradham 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, inventing the beverage now known around the world as Pepsi-Cola.
Pepsi 's Beginnings
Caleb Bradham knew that to keep people returning to his pharmacy, he would have to turn it into a gathering place. Like many pharmacists at the turn of the century, he had a soda fountain in his drugstore, where he served his customers refreshing drinks that he created himself. His most popular creation was a unique mixture of carbonated water, kola nuts, vanilla and rare oils, named "Brad 's Drink" by his customers. Caleb decided to rename it "Pepsi-Cola," and advertised his new soft drink to enthusiastic customers.

Sales of Pepsi-Cola started to grow, convincing him to form a company and 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. An official patent was awarded on June 16, 1903. 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-Cola so that people everywhere could enjoy it.
Pepsi Expands Around The World
After the war ended in 1945, Pepsi-Cola turned its attention to ideas that would capture the spirit of a victorious America. The company moved its world headquarters to Manhattan, and continued to expand overseas into Latin America, the

You May Also Find These Documents Helpful

  • Better Essays

    Xacc280 Financial Analysis

    • 1828 Words
    • 8 Pages

    The Coca-Cola company has been in business since its inventor began selling it in drug stores in 1886 (The Coca-Cola Company, 2009). Pepsi-Cola was invented a short time later in 1898, but at the time it was called “Brad’s drink.” It was later renamed Pepsi-Cola in 1902 (Butler, 2006). Since those early days when the sodas were invented, Coca-Cola and Pepsi have been in competition with each other for the domination of the world’s soda market. Over the course of more than a century, sales have continued to rise for both companies, and they both consistently earn a profit. Both companies have expanded into new product markets in more recent years. They have chosen to invest their earnings in new ventures like bottled water, snack foods, and iced tea, and they each strive to continue increasing their profits in many ways. In order to maintain this continued growth in the coming years, these companies are both in need of investors who will fund their efforts.…

    • 1828 Words
    • 8 Pages
    Better Essays
  • Powerful Essays

    mkt421

    • 1730 Words
    • 7 Pages

    Pepsi was founded in 1898 by a druggist from North Carolina named Caleb Bradham. Through a series of acquisitions and other business dealings, Pepsi became PepsiCo. PepsiCo currently produces a variety of beverages, many in partnership with other companies. PepsiCo sell soft drinks, juice drinks, sport drinks, bottled and enhanced waters. Recently, the company has acquired Tropicana Juices. This move, combined with a merger with Quaker Oats, increased the number of beverages in the PepsiCo portfolio. The most notable brands from Pepsi American Beverages (PAB) include: Pepsi, Diet Pepsi, Gatorade, Tropicana Pure Premium Juices, Dole Juices, and Propel Fitness Water. A partnership with Starbucks produces ready-to-drink Frappuccino drinks (The PepsiCo Family, 2011).…

    • 1730 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    In 1923, when Pepsi Cola went bankrupt, Caleb Bradham bought the name “Pepsi Cola” from them. Whenever 1931 rolled around, Loft Candy Company bought Pepsi Cola. Guth offered to sell Pepsi Cola to Coca-Cola when he struggled to make it a successful business. Coca-Cola refused to offer a bid. Pepsi was introduced in 1964. Pepsi has 12% sugar content in every can.…

    • 590 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Pepsi-Cola began as a drink developed by a pharmacist named Caleb Bradham in his drugstore in 1893. The soft drink was made to be a tonic to aid in digestion and as a refreshing drink that gives an energy boost. This concoction made of pepsin and kola nuts was originally called “Brad’s Drink” named after its inventor, but was later changed to Pepsi-Cola to be more marketable. Originally, this beverage was sold in drug stores and at soda fountains, but was later sold in bottled form to facilitate mass distribution. The Great Depression was a major setback for many American companies and there was no exception for Pepsi. However, the company strived to remain strong and offered its product for five cents in the mid thirties while touting that their product offered twice as much for half the price of Coke’s product. During this time their ad campaigns and marketing tactics worked and their company continued to remain profitable despite a harsh economic climate. Pepsi marketed its products to virtually everyone, young and old, but they often utilized creative marketing tactics to entice new customers to try their products. In the mid 1940’s Pepsi began a marketing campaign to gain more popularity with African American customers whom the company decided where not getting adequate attention with regards to marketing and advertising. PepsiCo today now has interests in many different brands and product lines. Some of their most notable brands familiar to consumers today are Pepsi-Cola, Frito-Lays, SoBe, Tostitos, Sabra, Near East, Pasta Roni, Sun Chips, Cheetos, Quaker, Doritos, Sierra Mist, and Dole to name a few. There is an even more diverse product portfolio that includes products marketed to international consumers to suit their individual tastes. The major suppliers for Pepsi-Cola Company include packaging…

    • 2254 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Acc/557 Financial Accounting

    • 3924 Words
    • 16 Pages

    He was born in Chinquapin, North Carolina on May 27, 1867. He graduated from the University of North Carolina at Chapel Hill and attended the University of Maryland, School of Medicine, around 1890. After returning to North Carolina, Mr. Bradham taught public school for about a year, and later opened a drug store on the corner of Middle and Pollock Streets in downtown New Bern. In 1902, Bradham launched the Pepsi-Cola Company in the back room of his pharmacy and on December 24, 1902 the Pepsi-Cola Company was incorporated in the state of North Carolina. The business began to grow, and on June 16, 1903, "Pepsi-Cola" was officially registered with the U.S. Patent…

    • 3924 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    Dr. John Stith Pemberton

    • 1011 Words
    • 5 Pages

    It was also used as a popular headache remedy and was sold in the majority of the pharmacies in Atlanta, Georgia. It wasn’t until 1886 that it was reformulated, renamed and packaged as a soda fountain drink for a nickel a glass. However, it was still full of the pick-me-up properties of the coca plant and kola nuts it was just sweetened with sugar as an alternative to the wine. It was marketed with push advertising that appealed to anyone that needed a "delicious, exhilarating, refreshing and invigorating soda-fountain beverage”(2) experience. It was produced in a syrup form and then added to Carbonated water right before it was consumed. It was Frank M. Robinson his accountant the renamed Coca- Cola is eternally iconic trademark name. The Atlanta Journal unveiled the first ads for Coca-Cola. There were some oil painted clothes placed in the pharmacy windows were it was sold to inform the public of the new soda fountain drink and its…

    • 1011 Words
    • 5 Pages
    Better Essays
  • Good Essays

    PepsiCo Inc. is an American multinational food and beverage corporation headquartered in Purchase, New York, United States, with interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi to a broader range of food and beverage brands, the largest of which include an acquisition of Tropicana in 1998 and a merger with Quaker Oats in 2001—which added the Gatorade brand to its portfolio.…

    • 1150 Words
    • 5 Pages
    Good Essays
  • Good Essays

    The Pepsi-Cola story itself begins with a drugstore in New Bern, North Carolina, and a pharmacist named Caleb Bradham. Bradham's aim was to create a fountain drink that was both delicious and healthful in aiding digestion and boosting energy. It would be free of the impurities found in many bottled health tonics, and it would contain none of the stronger narcotics often added to popular fountain drinks.…

    • 653 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Beginning of the Cola War: In 1950, newly appointed CEO Mr. Alfred Steele who was the marketing executive for Coca-Cola, began a new campaign for Pepsi named ‘Beat Coke’. Steele made bottlers to concentrate on take home sales through supermarkets and Pepsi introduced new 26 ounce bottle at the same time for family consumption. Later in 1963, new CEO Donald Kendall launched a new campaign for the young generation and the people who think themselves as ‘young at heart’, named “Pepsi generation”. Intense promotion were held to reach to the customers mind and thus Pepsi were able to narrow coke’s lead to 2-to-1 margin at that time. In this period, Pepsi sold concentrate to its bottlers at 20% less price than coke and also improved the existing store delivery services. Pepsi also promised to use more on promotion and advertisement to overcome the bottler’s opposition. On the other hand, Coke’s bottlers were still fragmented with more than 800 independent franchised bottlers all over US. In the late 1950s, Pepsi began offensive strategies to gain advantage over Coca-cola by starting “Americans Preferred Taste” campaign under CEO Robert Woodruff, and…

    • 938 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Brad's Drink

    • 4094 Words
    • 17 Pages

    “Brad’s drink” was created in the summer of 1893 by pharmacist Caleb Bradham of New Bern, North Carolina. The drink was renamed Pepsi Cola in 1898, after pepsin and cola nuts were used in the recipe. Also in 1898, Caleb Bradham wisely bought the trade name "Pep Cola" for $100 from a competitor from Newark, New Jersey that had gone broke. The new name was trademarked on June 16th, 1903. Bradham 's neighbor, an artist designed the first Pepsi logo and ninety-seven shares of stock for Bradham 's new company were issued (Bellis, 2012).…

    • 4094 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    Pepsico Analysis

    • 7522 Words
    • 31 Pages

    In1898, Caleb Bradham created the Pepsi Company (PepsiCo). The Pepsi-Cola Company merged with other companies (Frito-Lay, Tropicana and Quaker Foods to list a few) between 1965 and 2001 and is now referred to as PepsiCo, Inc. PepsiCo, Inc. has many headquarters worldwide for the several different companies. The main world PepsiCo headquarters residing in New York. These mergers made PepsiCo, Inc. a refreshment and snack company ranking 5th in the world (Pepsi). PepsiCo, Inc. is listed on four stock exchange markets. In 2006, they reported over $35 billion in revenues and listed having 168,000 employees (PepsiCo2).…

    • 7522 Words
    • 31 Pages
    Powerful Essays
  • Good Essays

    In the beginning soda started out in the pharmaceutical industry where it was meant to solve health problems. Dr. Pepper was the first brand introduced in 1885 as a brain tonic. As a brain tonic, it promoted alertness and relieved symptoms of fatigue. Not long after, Pepsi Cola and Coca Cola introduced their soda remedies. Originally was named “Brad’s Drink” after the creator but later changed to Pepsi Cola after the main ingredients pepsin and kola nuts. Pepsi was used to assist in digestive problems and to boost energy. The first 17 years that Coca Cola was around, the main ingredient was cocaine, because the coca plant leaves produced a mild euphoria, suppressed hunger and increased physical stamina. Much later, 7Up introduced their mood-stabilizing drink in 1929. The drug lithium citrate was removed from the drinks in 1950 when research showed there were harmful effects to humans (“The Origins of Soda”).…

    • 680 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    In 1920 Pepsi’s new motto was “Drink Pepsi-cola. It will satisfy you.” But by 1923, Bradham wasn’t worried about his motto or slogan; he was worried about the rising cost of sugar. So worried in fact that after it hit 26 cents per pound, he stocked up on it tremendously afraid it would go even higher and then it fell to an all time low of 2 cents per pound. By 1923, Bradham was bankrupt and then Pepsi –cola was sold off to Craven Holdings Corporation for $30,000. It was then sold to Roy C. Mega gel for $35000 and he formed the Pepsi Cola Company.…

    • 1928 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    In today’s society we have several businesses that have adhered to their ethics and compliance. One amazing company that stands out among the rest is PepsiCo. Pepsi was originally created in the year of 1893 by Caleb Bradham. Pepsi has a commitment to strengthen their consumers and at the same time build a bridge of trust for their customers.…

    • 1637 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Elasticity of Pepsi

    • 1472 Words
    • 6 Pages

    The origins of Pepsi-cola started in the late 1890s through an invention by Caleb Bradham, a pharmacist, who like all pharmacist had soda fountains in their store. His most famous concoction was a soda that contained pepsin. This was initially called brads drink before he changed the name to Pepsi. Over the years subsequent mergers and acquisitions Pepsi-cola merged with Frito-Lays, and a new company, PepsiCo, was created. Currently, PepsiCo is divided into four divisions: Frito-Lay North America, PepsiCo Beverages North America (PBNA), PepsiCo International (PI) and Quaker Foods North America (QFNA). The Pepsi Bottling Group is the company that packages and distributes Pepsi products (Pepsico, 2008).…

    • 1472 Words
    • 6 Pages
    Powerful Essays

Related Topics