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1985 New Coke Fiasco
Essay specific features
Written by:
Jesse H
Date added:
August 25, 2014
Level:
University
Grade:
B
No of pages / words:
3 / 676
Was viewed:
5527 times
Rating of current essay:
Essay content:
Michael Ross from MSNBC.com quotes, "[S]ome likened the change in Coke to trampling the American flag." www.buildingbrands.com wrote in an article, "The launch created a ?public outcry', with Coke receiving 40,000 letters of complaint and over 6,000 calls a day to the company's ?0800' phone number."
Customers from all over were buying supplies of the original Coke in bulk...
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Ross says that, opportunist ingeniously took advantage of the situation and sold cases of original Coke for as much as $30 per case as reported by Newsweek. It took less than 3 months for Coca-Cola to yank the product off the shelves after realizing that it was not going to succeed.
The different articles summarize that, "Coca-Cola had done at least two years of market research, at an expense rounding $4 Million dollars, and about 200,000 taste tests where New Coke outperformed Pepsi...
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