preview

Pepsico : Pepsico 's Marketing Strategy

Good Essays

Dylan Snow April 8th, 2016
PepsiCo report Professor Broast The history of PepsiCo dates back to 1898 when the popular name was first branded. It was introduced by a man that goes by the name of Caleb Bradham. Bradham believed that the drink was more than a thirst quencher, it could help the body. He thought it would assist the body with digestion do to a specific additive in the recipe (Brand 1). The history of Pepsi is very interesting. It opened it’s first PepsiCo company paten in 1902. In its first year of business it sells nearly 8,000 gallons of the syrup out of the first know warehouse. An interesting fact about PepsiCo is that during WWI they did not produces enough syrup to satisfy all their demands. This was greatly do to the ration of sugar during the war (Brand 1). The hurt Pepsi production immensely. PepsiCo stands behind its mission statement of, Honesty, Fairness, Integrity and Convenient Foods (Farfhan 1). This mission statement is very suitable for the company because they sell some of the most popular drinks around the world today. They have many different items that some of us may not know they have, such as Tropicana, Gatorade, Quaker and Lays chips. This was shocking to me because I was not aware that they owned Quaker oatmeal or lays potato chips. PepsiCo has 22 brands under its name that generated nearly 1 billion dollars in sales in 2015. This is a great annual revenue considering the filed for bankruptcy in 1923. The three leading

Get Access