Thursday, February 6, 2020
The product Pepsi Cola Essay Example | Topics and Well Written Essays - 1000 words
The product Pepsi Cola - Essay Example The advertisement was a well thought of product promotion strategy. Management was preparing for a great start. It is fit and proper to discuss first on the short historical background of how Pepsi came to be ââ¬â its founder and short origin, and how it got its name, up to the present time where it has survived through the times and has taken a new name and role in the beverage business. Pepsi Cola was first invented or introduced by Caleb Bradham in the late 1800s or early 1900s in his pharmacy. The term ââ¬Å"Pepsiâ⬠comes from pepsin, an enzyme which aids digestion and was also a popular ingredient in early soft drinks, while the term Cola was based on the African kola nut or caffeine. Pepsi Cola then tasted pretty close to the already popular ââ¬Å"Coca-Colaâ⬠, although Calebââ¬â¢s drink, Pepsi Cola, didnââ¬â¢t contain either the kola nut or any caffeine. (Soda Museum) The term ââ¬Å"Pepsiâ⬠is an indicator. One of Pepsi-Colaââ¬â¢s earliest known a dvertisement is found in Feb. 25th, 1903 New Bern Daily Journal, which says that ââ¬Å"It aids digestion.â⬠This is because of the pepsin content. Another newspaper ad produced in 1908 said: ââ¬Å"Pepsi-Cola is an absolutely pure combination of pepsin ââ¬â thatââ¬â¢s what your stomach needs these days ââ¬â acid phosphate and the juices of fresh fruits.â⬠(Soda Museum) The promotional kick-off must be effective because at the start Caleb was selling 2,008 gallons of Pepsi-Cola syrup, and by 1904 he was selling 19,848 gallons a year, the same year he started bottling Pepsi Cola. A year later, he also began selling Pepsi-Cola Bottling franchises, and by 1910 he had 280 bottling franchises and covered at least 24 states. By 1907, he was selling over 100,000 gallons of syrup a year, and in 1915 Pepsi-Cola Corporation had assets of over $1,000,000. (History of Pepsi-Cola.) Judging by the flow of events in the early years of Pepsi, the product and the accompanying ad vertisement proved effective.Ã
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