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As revealed by Marketing Dive, Pepsi is gearing up for a summer marketing initiative inspired by the popular “Share a Coke” campaign by its chief competitor, Coca-Cola. However, Pepsi is putting a unique twist on the concept by focusing on food pairings rather than personalized names on bottles. Limited-time packaging will feature words like “Burgers” and “Wings” to highlight Pepsi’s positioning around food. This move is part of Pepsi’s strategy to regain market share in the competitive soda industry.
Building on a Brand Platform
In response to Coke’s successful relaunch of “Share a Coke” targeting Gen Z, Pepsi is leveraging its own brand platform that emphasizes the soda’s compatibility with food. The original “Share a Coke” campaign was hailed for its personalized marketing approach, which helped boost sales during a time when consumers were moving away from sugary drinks.
A Creative Approach
Pepsi is challenging the traditional notion of sharing a soda by promoting the idea of enjoying it with popular summer foods like burgers and wings. This shift comes as Pepsi faces stiff competition, slipping to the No. 4 spot in carbonated soft drink sales in the U.S. The brand is looking to recapture consumer attention with its new packaging and marketing efforts.
Innovative Marketing Strategies
To engage consumers, Pepsi is offering custom bottles through social media giveaways and at events like Eeeeatscon in Los Angeles. The brand is also deploying out-of-home and radio ads in key markets to showcase its new campaign. Additionally, Pepsi has partnered with DoorDash for a limited-time promotion to encourage customers to try its products.
A Playful Jab at the Competition
Pepsi’s latest campaign includes humorous ads featuring “Crashers” who infiltrate barbecues to swap out Coke for Pepsi. This playful rivalry with Coca-Cola is part of Pepsi’s ongoing efforts to differentiate itself in a crowded market. By embracing creative marketing tactics, Pepsi is aiming to win over consumers and reclaim its position in the soda industry.