Originally posted by mxzebrax:
Does anyone have links that would be relative to the following topic for a business 101 paper?
For my business topic paper I would like to write about the failure of New Coke, and also why new drinks from Pepsi and Coke often have very short life Spans. Have you ever heard of Josta, Surge, Orbitz or Red Fusion? All of those were RTD beverages from major beverage companies. In my paper I will explore why these drinks rarely succeed, and what goes into creating a new beverage before it is released into the mass market. If I am able to I will also try figure out the market behind having these old sodas, such as E-bay resale value.
Thanks SOOOO much! Any help will be great! One reason they fail....In My opinion, is that the companies who make these drinks apply taste values and spend marketing dollars towards the EXACT same demographics that buy their original branded flavors. The product will test well but then after a while the consumer goes back to the original. All they are doing is cannibalizing their brand. You saw it with Mtn Dew Code Red, and Live Wire.
Again, IMO, Pepsi should have marketed Live wire as an orange drink that gave you that caffiene boost instead of a Mtn Dew that was orange flavored.( but still keep the Mtn Dew brand on it) It was a good drink. I switched from my Sunkist to it because I liked the flavor better.
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