Pepsi

Last updated

Pepsi
Pepsi 2023.svg
Logo used since 2023
2019-04-21 21 38 17 A 20 ounce bottle of Pepsi in the Franklin Farm section of Oak Hill, Fairfax County, Virginia.jpg
A bottle of Pepsi with the 2008–2023 logo
Type Cola
Manufacturer PepsiCo
Country of origin  United States
Region of origin New Bern, North Carolina
Introduced1893;132 years ago (1893) (as Brad's Drink)
1898;127 years ago (1898) (as Pepsi-Cola)
1961;64 years ago (1961) (as Pepsi)
Color Caramel E-150d
Variants Diet Pepsi
Pepsi Twist
Pepsi Lime
Pepsi Wild Cherry
Crystal Pepsi
Caffeine-Free Pepsi
Pepsi-Cola Made with Real Sugar
Pepsi Vanilla
Pepsi Zero Sugar
Pepsi Max
Nitro Pepsi
Related products
Website pepsi.com

Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo which serves as its flagship product. In 2023, Pepsi was the second most valuable soft drink brand worldwide behind Coca-Cola; [1] the two share a long-standing rivalry in what has been called the "cola wars". [2]

Contents

Pepsi, originally created in 1893 by Caleb Bradham and named "Brad's Drink," was first sold in his drugstore in New Bern, North Carolina. Renamed Pepsi-Cola in 1898 due to its supposed digestive benefits, it was shortened to Pepsi in 1961. The beverage's formula initially included sugar and vanilla but not pepsin, despite speculation on the origin of its name. Early on, Pepsi struggled with financial stability, going bankrupt in 1923 but was subsequently purchased and revived by Charles Guth, who reformulated the syrup. Pepsi gained popularity with the introduction of a 12-ounce bottle during the Great Depression and clever marketing strategies like the "Nickel, Nickel" jingle, doubling sales by emphasizing its value.

The mid-20th century saw Pepsi targeting the African American market, a then-untapped demographic, with positive portrayals and endorsements from prominent figures, boosting its market share. Pepsi's rivalry with Coca-Cola, highlighted by the "cola wars", led to significant cultural and market competition, including the "Pepsi Challenge" taste tests and the introduction of New Coke in response. Pepsi's expansion into international markets has seen varied success, with notable ventures into the Soviet Union via a landmark barter deal and enduring popularity in certain regions over Coca-Cola.

Despite occasional controversies, such as an aborted Madonna advertisement and the "Pepsi Number Fever" fiasco in the Philippines, Pepsi has remained a prominent global brand, partly thanks to innovative marketing campaigns and sponsorships in sports and entertainment. PepsiCo have since launched new drinks under the Pepsi brand, such as Diet Pepsi and Pepsi Max, that make up the brand portfolio today on top of the original Pepsi cola.

History

The pharmacy of Caleb Bradham, with a Pepsi dispenser HMB Bern New Bern Caleb Bradham.jpg
The pharmacy of Caleb Bradham, with a Pepsi dispenser
A plaque at 256 Middle Street, New Bern, North Carolina PepsiPlaque.jpg
A plaque at 256 Middle Street, New Bern, North Carolina

Pepsi was first invented in 1893 as "Brad's Drink" by Caleb Bradham, who sold the drink at his drugstore in New Bern, North Carolina. [3]

It was renamed Pepsi-Cola in 1898, "Pepsi" because it was advertised to relieve dyspepsia [4] [3] [5] (indigestion) and "Cola" referring to the cola flavor. [5] Some have also suggested that "Pepsi" may have been a reference to the drink aiding digestion like the digestive enzyme pepsin, [6] [5] but pepsin itself was never used as an ingredient to Pepsi-Cola. [3]

The original recipe also included sugar and vanilla. [3] Bradham sought to create a fountain drink that was appealing and would aid in digestion and boost energy. [3]

In 1903, Bradham moved the bottling of Pepsi from his drugstore to a rented warehouse. That year, Bradham sold 7,968 gallons of syrup. The next year, Pepsi was sold in six-ounce bottles, and sales increased to 19,848 gallons. In 1909, automobile race pioneer Barney Oldfield was the first celebrity to endorse Pepsi, describing it as "A bully drink...refreshing, invigorating, a fine bracer before a race." The advertising theme "Delicious and Healthful" was then used over the next two decades. [7]

A 1919 newspaper ad for Pepsi-Cola Pepsi newspaper ad 1919.png
A 1919 newspaper ad for Pepsi-Cola

In 1923, the Pepsi-Cola Company entered bankruptcy—in large part due to financial losses incurred by speculating on the wildly fluctuating sugar prices as a result of World War I. Assets were sold and Roy C. Megargel bought the Pepsi trademark. [3] Megargel was unsuccessful in efforts to find funding to revive the brand and soon Pepsi-Cola's assets were purchased by Charles Guth, the president of Loft, Inc. Loft was a candy manufacturer with retail stores that contained soda fountains. He sought to replace Coca-Cola at his stores' fountains after The Coca-Cola Company refused to give him additional discounts on syrup. Guth then had Loft's chemists reformulate the Pepsi-Cola syrup formula. [8] On three occasions between 1922 and 1933, the Coca-Cola Company was offered the opportunity to purchase the Pepsi-Cola Company, which it declined on each occasion. [9]

Growth in popularity

During the Great Depression, Pepsi gained popularity following the introduction in 1934 of a 12-ounce (355 mL) bottle. Prior to that, Pepsi and Coca-Cola sold their drinks in 6.5-ounce (192 mL) servings for about $0.05 a bottle. [10] With a radio advertising campaign featuring the popular jingle "Nickel, Nickel" – first recorded by the Tune Twisters in 1940 – Pepsi encouraged price-conscious consumers to double the volume their nickels could purchase. [11] [12] The jingle is arranged in a way that loops, creating a never-ending tune:

"Pepsi-Cola hits the spot / Twelve full ounces, that's a lot / Twice as much for a nickel, too / Pepsi-Cola is the drink for you." [13]

Coming at a time of economic crisis, the campaign succeeded in boosting Pepsi's status. From 1936 to 1938, Pepsi-Cola's profits doubled. [14]

Pepsi's success under Charles Guth came while the Loft Candy business was faltering. Since he had initially used Loft's finances and facilities to establish the new Pepsi success, the near-bankrupt Loft Company sued Guth for possession of the Pepsi-Cola company. A long legal battle, Guth v. Loft , then ensued, with the case reaching the Delaware Supreme Court and ultimately ending in a loss for Guth.[ citation needed ]

Second half of the 20th century

Pepsi cans styled with old designs from the 1940s, 1950s and 1960s respectively Vintage pepsi cans.jpg
Pepsi cans styled with old designs from the 1940s, 1950s and 1960s respectively

Pepsi-Cola began a continuous rise in popularity and sales growth starting in the 1950s under the leadership of Alfred Steele and later Donald M. Kendall. [15] [16] Having been seen as a "poor man's Coca-Cola" that was "popular in the kitchen but it rarely arrived in the parlor", Steele gravitated production from economy to quality. The sugar content in Pepsi-Cola syrup was also lowered slightly to desweeten the taste. Combined with company and production changes, Pepsi sales had boomed by 1956 [17] and gradually narrowed the gap to its large competitor. [18]

By the mid 1950s, amid a time when cola products were booming all over the world. the drink was being bottled in over 700 plans across seventy countries around the world. These helped make Pepsi-Cola a popular product in many markets, including in the Middle East following the opening of a plant in Cairo, and the Beirut Daily Star referred to the "Pepsi-Cola culture" when distribution began in Lebanon in 1952. [19] Notably, in 1974 Pepsi became the very first American consumer product to be produced, marketed and sold in the Soviet Union. [20]

In 1958, the "swirl" design bottle began to be used for distributing Pepsi. [21] In 1963, the drink began to be distributed in America in larger 16-ounce (473 mL) bottles, and 12-ounce cans were introduced as well. [22] Diet Pepsi, a second Pepsi product and the first extending the brand, was launched in 1964.

Beginning in the mid 1960s, aggressive and effective marketing of the product (see Pepsi Generation and Pepsi Challenge), mostly aimed at the younger generation, drastically increased the drink's popularity to become a formidable competitor to long-time market leader Coca-Cola. [23] Pepsi machines were also installed in the White House cafeteria when Richard Nixon, who already had a close relationship with Pepsi, assumed the American presidency in 1969. [24] Although total Pepsi sales never overtook that of Coca-Cola, the latter's lead in the American market had been narrowed to 1½-to-1 as of 1980 (from 5-to-1 in 1950), [21] and Pepsi was outselling its rival in the "take-home" market, which includes supermarkets. [21]

In November 1984, PepsiCo announced that it would, at least in the US, exclusively use high-fructose corn syrup (HFCS) to sweeten its canned, bottled and fountain Pepsi-Cola, replacing corn sugar. The Coca-Cola Company also did the same around the same time. [25]

Ingredients

Pepsi
Nutritional value per 12 fl oz (355 ml)
Energy 150 [26]  kcal (630 kJ)
41
Sugars 41
Dietary fiber 0
Fat
0
Saturated 0
Trans 0
0
Vitamins and minerals
Vitamins Quantity
%DV
Vitamin A equiv.
0%
0 μg
Vitamin C
0%
0 mg
Minerals Quantity
%DV
Calcium
0%
0 mg
Iron
0%
0 mg
Potassium
0%
0 mg
Sodium
1%
15 mg
Other constituentsQuantity
Cholesterol 0
Percentages estimated using US recommendations for adults, [27] except for potassium, which is estimated based on expert recommendation from the National Academies [28]

Pepsi may have small formula differences depending on where it is produced and the target market. In the United States, Pepsi cola is made with carbonated water, high fructose corn syrup, caramel color, sugar, phosphoric acid, caffeine, citric acid, and natural flavors. [29] A 12 fl oz (355 mL) can of Pepsi has 41 grams of carbohydrates (all from sugars), 30 mg of sodium, 0 grams of fat, 0 grams of protein, 38 mg of caffeine, and 150 calories. [30] [31] The Canadian equivalent can has mostly the same except 42 grams of carbohydrates (of which 41 g is sugar) and 35 mg of sodium. [32]

Pepsi has 10 more calories and two more grams of sugar and carbohydrates than Coca-Cola. [33] Caffeine-Free Pepsi contains the same ingredients but without the caffeine.

In many countries since the 2020s, a new Pepsi formulation has been distributed in bottles and cans with the reduction of sugar content and the addition of artificial sweeteners Acesulfame K and Sucralose. [34] It replaced the original formulation in many regions including Argentina [35] and across Europe since at least 2021, [34] with sugar being reduced by over one third from approximately 10.7 g to 7.0 g (per 100 mL) in some countries, while in Western Europe sugar was cut by more than half, to 4.6 g per 100 mL. [36] [37] [38] The new formulation also came into effect in Australia in 2025 (with sugar reduced by one-third) [39] [40] The change was done as part of PepsiCo's pro-health commitment across all its brands, [41] as well as the increasing sugar taxes and regulations all around the world. [42] [43]

Variants and portfolio

Since 1998, the main Pepsi brand and marketing has been primarily blue-color branded Yakima Powered by Pepsi (4541317140).jpg
Since 1998, the main Pepsi brand and marketing has been primarily blue-color branded

Today the Pepsi portfolio consists of three main major brands: the regular Pepsi (since 1893), Diet Pepsi/Pepsi Light (since 1964) and Pepsi Max (since 1993, intertwines with Pepsi Zero Sugar). [44] The latter are low-calorie products. In addition, Caffeine-Free Pepsi has been produced since 1982, and a retro-themed drink made of cane sugar is sold exclusively in North America, called Pepsi-Cola Made with Real Sugar.

In addition, since the 1970s Pepsi have distributed a large variety of flavors blended with the cola, such as Pepsi Wild Cherry (cherry flavored) and Pepsi Twist (lemon flavored), and has also experimented with special limited editions and country-exclusive Pepsi colas throughout the years. [45] [46]

Fictional drinks

A vitamin-enriched Pepsi variation called "Pepsi Perfect" in a special bottle was shown in the 1989 movie Back to the Future Part II in scenes set in the future year 2015. This was in 2015 released as a limited-edition drink. [47] Only 6,500 bottles were available for $20.15, they have since been sold for hundreds of dollars on eBay. [48]

Marketing

Old Pepsi-Cola advertising mural in Toppenish, Washington Classic Pepsi Cola Advertising Mural, by Adrian Larvie, Toppenish, WA.jpg
Old Pepsi-Cola advertising mural in Toppenish, Washington

From the 1930s through the late 1950s, "Pepsi-Cola Hits The Spot" was the most commonly used slogan in the days of old-time radio, classic motion pictures and early days of television. [49] Its jingle (conceived in the days when Pepsi cost only five cents) was used in many different forms with different lyrics. With the rise of radio, Pepsi-Cola utilized the services of a young, up-and-coming actress named Polly Bergen to promote products, oftentimes, lending her singing talents to the classic "...Hits The Spot" jingle.

Film actress Joan Crawford, after marrying Pepsi-Cola president Alfred N. Steele became a spokesperson for Pepsi, appearing in commercials, television specials, and televised beauty pageants on behalf of the company. Crawford also had images of the soft drink placed prominently in several of her later films. When Steele died in 1959, Crawford was appointed to the Board of Directors of Pepsi-Cola, a position she held until 1973, although she was not a board member of the larger PepsiCo, created in 1965. [50]

Pepsi has been featured in several films, including Back to the Future Part II (1989), Home Alone (1990), Wayne's World (1992), Fight Club (1999), World War Z (2013), and in films directed by Spike Lee. [51] [52]

The large Pepsi-Cola sign in New York City illuminated Pepsi Sign at Gantry Plaza State Park in Long Island City.jpg
The large Pepsi-Cola sign in New York City illuminated

Pepsi marketing has also been marred in controversy. In 1989, Pepsi commissioned a $5 million marketing campaign to coincide with the release of Madonna's song "Like a Prayer", but was cancelled following strong backlash regarding the religious themes in the song's music video. [53] In 1992, the Pepsi Number Fever marketing campaign in the Philippines accidentally distributed 800,000 winning bottle caps for a 1 million peso grand prize, leading to riots and the deaths of five people. [54]

In 1996, PepsiCo launched the highly successful Pepsi Stuff marketing strategy. [55] "Project Blue" was launched in several international markets outside the United States in April. [55] The launch included extravagant publicity stunts, such as a Concorde airplane painted in blue colors (which was owned by Air France) and a banner on the Mir space station. The Project Blue design was first tested in the United States in June 1997, and was released that December in preparation for Pepsi's 100th anniversary. [56] [57] It was at this point, the logo began to be referred to as the Pepsi Globe. [58]

From 1986 to 1991, the wordmark in the Pepsi logo was typeset in Handel Gothic. [59] This logo was also used for Pepsi Throwback until 2014. In October 2008, Pepsi announced that it would redesign its logo and re-brand many of its products by early 2009. In 2009, Pepsi, Diet Pepsi, and Pepsi Max began using all lower-case fonts for name brands. The brand's blue and red globe trademark became a series of "smiles," with the central white band initially arcing at different angles depending on the product. [60] In March 2023, Pepsi unveiled a new logo expected to launch in North America in late-2023, [61] [62] [63] [64] and internationally in 2024 (including 2025 in Colombia). The logo is a modernization of the "vintage" Pepsi logo; accompanying branding elements will also shift from blue to black as their primary color. [62] [63]

Niche marketing

Walter Mack was named the new president of Pepsi-Cola and guided the company through the 1940s. Mack, who supported progressive causes, noticed that the company's strategy of using advertising for a general audience either ignored African Americans or used ethnic stereotypes in portraying Blacks. Up until the 1940s, the full revenue potential of what was called "the Negro market" was largely ignored by white-owned manufacturers in the U.S. [65]

Mack realized that Black people were an untapped niche market and that Pepsi stood to gain market share by targeting its advertising directly towards them. [66] To this end, he hired Hennan Smith, an advertising executive "from the Negro newspaper field" [67] to lead an all-black sales team, which had to be cut due to the onset of World War II.

A 1940s advertisement specifically targeting African Americans, an untapped niche market that was largely ignored by white-owned manufacturers in the U.S. A young Ron Brown is the boy reaching for a bottle. Pepsi targeted ad 1940s.jpg
A 1940s advertisement specifically targeting African Americans, an untapped niche market that was largely ignored by white-owned manufacturers in the U.S. A young Ron Brown is the boy reaching for a bottle.

In 1947, Walter Mack resumed his efforts, hiring Edward F. Boyd to lead a twelve-man team. They came up with advertising portraying black Americans in a positive light, such as one with a smiling mother holding a six pack of Pepsi while her son (a young Ron Brown, who grew up to be Secretary of Commerce) [68] reaches up for one. Another ad campaign, titled "Leaders in Their Fields", profiled twenty prominent African Americans such as Nobel Peace Prize winner Ralph Bunche and photographer Gordon Parks.

Boyd also led a sales team composed entirely of blacks around the country to promote Pepsi. Racial segregation and Jim Crow laws were still in place throughout much of the U.S.; Boyd's team faced a great deal of discrimination as a result, [67] from insults by Pepsi co-workers to threats by the Ku Klux Klan. [68] On the other hand, it was able to use its anti-racism stance as a selling point, attacking Coke's reluctance to hire blacks and support by the chairman of The Coca-Cola Company for segregationist governor of Georgia Herman Talmadge. [66] As a result, Pepsi's market share as compared to Coca-Cola's shot up dramatically in the 1950s with African American soft-drink consumers three times more likely to purchase Pepsi over Coke. [69] After the sales team visited Chicago, Pepsi's share in the city overtook that of Coke for the first time. [66]

Journalist Stephanie Capparell interviewed six men who were on the team in the late 1940s. The team members had a grueling schedule, working seven days a week, morning and night, for weeks on end. They visited bottlers, churches, ladies groups, schools, college campuses, YMCAs, community centers, insurance conventions, teacher and doctor conferences, and various civic organizations. They got famous jazzmen such as Duke Ellington and Lionel Hampton to promote Pepsi from the stage. No group was too small or too large to target for a promotion. [70]

Pepsi advertisements avoided the stereotypical images common in the major media that depicted Aunt Jemimas and Uncle Bens, whose role was to draw a smile from white customers. Instead, it portrayed black customers as self-confident middle-class citizens who showed very good taste in their soft drinks. They were economical too, as Pepsi bottles were twice the size. [71]

This focus on the market for black people caused some consternation within the company and among its affiliates. It did not want to seem focused on black customers for fear white customers would be pushed away. [66] In a national meeting, Mack tried to assuage the 500 bottlers in attendance by pandering to them, saying "We don't want it to become known as a nigger drink." [72] After Mack left the company in 1950, support for the black sales team faded and it was cut. [65]

Boyd was replaced in 1952 by Harvey C. Russell Jr., who was notable for his marketing campaigns towards black youth in New Orleans. These campaigns, held at locales attended largely by black children, would encourage children to collect Pepsi bottle caps, which they could then exchange for rewards. One example is Pepsi's 1954 "Pepsi Day at the Beach" event, where New Orleans children could ride rides at an amusement park in exchange for Pepsi bottle caps. By the end of the event, 125,000 bottle caps been collected. According to The Pepsi Cola World, the New Orleans campaign was a success; once people's supply of bottle caps ran out, the only way they could get more was to buy more Pepsi. [73]

Rivalry with Coca-Cola

According to Consumer Reports, in the 1970s, the rivalry continued to heat up the market. Pepsi conducted blind taste tests in stores, in what was called the "Pepsi Challenge". These tests suggested that more consumers preferred the taste of Pepsi to Coca-Cola. The sales of Pepsi started to climb, and Pepsi kicked off the "Challenge" across the nation. This became known as the "cola wars".

In 1985, The Coca-Cola Company, amid much publicity, changed its formula. The theory has been advanced that New Coke, as the reformulated drink came to be known, was invented specifically in response to the Pepsi Challenge. However, a consumer backlash led to Coca-Cola quickly reintroducing the original formula as "Coca-Cola Classic".

In 1989, Billy Joel mentioned the rivalry between the two companies in the song "We Didn't Start the Fire". The line "Rock & Roller Cola Wars" refers to Pepsi and Coke's usage of various musicians in advertising campaigns. Coke used Paula Abdul, while Pepsi used Michael Jackson. Both companies then competed to get other musicians to advertise its beverages.

According to Beverage Digest 's 2008 report on carbonated soft drinks, PepsiCo's U.S. market share is 30.8 percent, while The Coca-Cola Company's is 42.7 percent (this includes all their respective brands). [74] Coca-Cola outsells Pepsi in most parts of the U.S., notable exceptions being central Appalachia, Montana, North Dakota, and Utah. In the city of Buffalo, New York, Pepsi outsells Coca-Cola by a two-to-one margin. [75] As of 2024, Pepsi had fallen behind Coca-Cola and Dr Pepper as the third most popular soft drink in the United States, losing its second place spot to the aforementioned Dr Pepper, a position it had held since 1985. [76]

While total American Pepsi sales figures never overtook that of Coca-Cola (with the special exception of 1985 when Coca-Cola sales were fractured between New Coke and Coca-Cola Classic [77] ), in corporate terms, the PepsiCo company had overtaken the Coca-Cola Company in total corporate sales in 1979, partly driven by PepsiCo's wide range of non-beverage products (after its merger with Frito-Lay in 1965). [24] [78]

Around the world

Overall, Coca-Cola continues to outsell Pepsi in almost all areas of the world. However, exceptions include: Oman, India, Saudi Arabia, [79] Pakistan, [80] Egypt, [80] the Dominican Republic, Guatemala, and the Canadian provinces of Quebec, Newfoundland and Labrador, Prince Edward Island, Nova Scotia and New Brunswick. [81] Pepsi had long been the drink of French-Canadians, and it continues to hold its dominance by relying on local Québécois celebrities (especially Claude Meunier, of La Petite Vie fame) to sell its product. [82] PepsiCo introduced the Quebec slogan "here, it's Pepsi" (Ici, c'est Pepsi) in response to Coca-Cola ads proclaiming "Around the world, it's Coke" (Partout dans le monde, c'est Coke).

In India, by most accounts, Coca-Cola was India's leading soft drink until 1977, when it left India because of the new foreign exchange laws which mandated majority shareholding in companies to be held by Indian shareholders; Coca-Cola was unwilling to dilute its stake in its Indian unit as required by the Foreign Exchange Regulation Act, which would have forced them to share their formula with an entity in which it did not have majority shareholding. [83] In 1988, PepsiCo entered the Indian market by creating a joint venture with the government of Punjab-owned Punjab Agro Industrial Corporation and Voltas India Limited. This joint venture marketed and sold Lehar Pepsi until 1991, when the use of foreign brands was allowed; PepsiCo promptly bought out its partners and ended the joint venture in 1994. In 1993, Coca-Cola returned to the Indian market in pursuance of India's liberalization policy. [84] As of 2012, Pepsi is the third most popular carbonated drink in India, with a 15% market share, behind Sprite and Thums Up. In comparison, Coca-Cola is the fourth most popular carbonated drink, occupying a mere 8.8% of the Indian market share. [85]

Pepsi bottles in Soviet period style in supermarket in Kyiv, Ukraine Classic Pepsi bottles in supermarket in Kyiv.JPG
Pepsi bottles in Soviet period style in supermarket in Kyiv, Ukraine

In Russia, Pepsi initially had a larger market share than Coke, but it was undercut once the Cold War ended. In 1972, PepsiCo struck a barter agreement with the government of the Soviet Union, in which PepsiCo was granted exportation and Western marketing rights to Stolichnaya vodka in exchange for importation and Soviet marketing of Pepsi. [86] [87] This exchange led to Pepsi being the first foreign product sanctioned for sale in the Soviet Union. [88] Reminiscent of the way that Coca-Cola became a cultural icon and its global spread spawned words like "cocacolonization", Pepsi and its relation to the Soviet system turned it into an icon. In the early 1990s, the term "Pepsi-stroika" began appearing as a pun on "perestroika", the reform policy of the Soviet Union under Mikhail Gorbachev. [89] Critics viewed the policy as an attempt to usher in Western products in deals there with the old elites; Pepsi, as one of the first American products in the Soviet Union, became a symbol of that relationship and the Soviet policy, reflected in Russian author Victor Pelevin's book Generation P . In 1992, following the dissolution of the Soviet Union, Coca-Cola was introduced to the Russian market and rapidly captured a significant market share due to public perceptions of Coca-Cola as representative of the new post-Soviet system (as opposed to Pepsi being exemplary of the old Soviet era), a market growth that might otherwise have required years to achieve. By July 2005, Coca-Cola enjoyed a market share of 19.4 percent, followed by Pepsi with 13 percent. [90]

Pepsi was introduced in Romania in 1966, during the early liberalization policies of Nicolae Ceaușescu, opening a factory at Constanța in 1967. This was done as a barter agreement similar to the one in the USSR, with Romanian wine serving as their bartered drink sold in the West. Pepsi quickly became popular in Romania, especially among young people, but due to the austerity measures imposed in the 1980s, it became scarce and difficult to find. After the fall of Soviet communism in 1991, PepsiCo entered the new Romanian market economy, and still maintains a bigger popularity than Coca-Cola, which was introduced in Romania in 1992, despite heavy competition during the 1990s (sometime between 2000 and 2005, Pepsi overtook Coca-Cola in sales in Romania). [91]

In 1984, Venezuela was cited as the only country where Pepsi cola sales were higher than Coca-Cola. [92]

Pepsi did not sell soft drinks in Israel until 1991. Many Israelis and some American Jewish organizations attributed Pepsi's previous reluctance to expand operations in Israel to fears of an Arab boycott. Pepsi, which has a large and lucrative business in the Arab world, denied the claims, stating that economic, rather than political, reasons kept it out of Israel. [93]

Pepsi entered the market in Vietnam in 1994 after the end of an American trade embargo against the country. Both Pepsi and Coca-Cola immediately launched following the end of the embargo, starting a 'cola war' in Vietnam. [94] [95]

Pepsiman

Cosplayers dressed as Pepsiman 3 cosplayers of Pepsiman standing at Expo Dome court yard (52933393759).jpg
Cosplayers dressed as Pepsiman

Pepsiman is an official Pepsi mascot from Pepsi's Japanese corporate branch, which debuted in March 1996. [96] [97] Pepsiman took on three different outfits, each one representing the current style of the Pepsi can in distribution. [98] Twelve commercials were created featuring the character. His role in the advertisements is to appear with Pepsi to thirsty people or people craving soda. [99]

Pepsiman happens to appear at just the right time with the product. After delivering the beverage, sometimes Pepsiman would encounter a difficult and action-oriented situation which would result in injury. Pepsiman is mostly silent, and he has no face except for a hole that opens up whenever he delivers a Pepsi. [100] Another more minor mascot, Pepsiwoman, also featured in a few of her own commercials for Pepsi Twist; her appearance is basically a female Pepsiman wearing a lemon-shaped balaclava. [101]

In 1996, Sega-AM2 released the Sega Saturn version of its arcade fighting game Fighting Vipers . [102] In this game, Pepsiman was included as a special character, with his specialty listed as being the ability to "quench one's thirst." He does not appear in any other version or sequel.

In 1999, KID developed a video game for the PlayStation entitled Pepsiman . As the titular character, the player runs "on rails" (forced motion on a scrolling linear path), skateboards, rolls, and stumbles through various areas, avoiding dangers and collecting cans of Pepsi, all while trying to reach a thirsty person as in the commercials. [103] [104] [105] Despite largely being considered a financial failure, Pepsiman has developed a cult following due to its over the top and nonsensical premise. [106] [107]

Sports sponsorships

Pepsi has official sponsorship deals with the National Football League, National Hockey League, and National Basketball Association. [108] [109] [110] In 2007, and from 2013 to 2022, Pepsi sponsored the NFL's Super Bowl halftime shows. [111] It was the sponsor of Major League Soccer until December 2015 and Major League Baseball until April 2017, both leagues signing deals with Coca-Cola. [112] [113] From 1999 to 2020, Pepsi also had the naming rights to the Pepsi Center, an indoor sports and entertainment facility in Denver, Colorado, until the venue's new naming rights were announced on October 22, 2020. [114]

In 1997, after his sponsorship with Coca-Cola ended, retired NASCAR Cup Series driver Jeff Gordon signed a long-term contract with Pepsi, and he drove with the Pepsi logos on his car with various paint schemes for about 2 races each year, usually a darker paint scheme during nighttime races. Pepsi has remained as one of his sponsors ever since. Pepsi has also sponsored the NFL Rookie of the Year award since 2002. [115]

Pepsi has the first global sponsorship deals with the UEFA Champions League and the UEFA Women's Champions League starting in the 2015–16 season along with the sister brand, Pepsi Max and became the global sponsor of the competition. [116]

Pepsi also has sponsorship deals in international cricket teams. [117] The Pakistani national cricket team is one of the teams that the brand sponsors. [117] The team wears the Pepsi logo on the front of their test and ODI test match clothing.

The Buffalo Bisons, an American Hockey League team, was sponsored by Pepsi-Cola in its later years; the team adopted the beverage's red, white, and blue color scheme along with a modification of the Pepsi logo (with the word "Buffalo" in place of the Pepsi-Cola wordmark). The Bisons ceased operations in 1970, making way for the Buffalo Sabres of the NHL.[ citation needed ]

Pepsi also has been a sponsor of the Carolina Hurricanes of the National Hockey League since the team moved to North Carolina in 1997.[ citation needed ]

In 2017, Pepsi was the jersey sponsor of the Papua New Guinea national basketball team.[ citation needed ]

See also

References

Notes

  1. "Much of the Global Beverage Industry Is Controlled by Coca Cola and Pepsi". Investopedia. Retrieved 2023-07-22.
  2. Bhasin, Kim. "COKE VS. PEPSI: The Story Behind The Neverending 'Cola Wars'". Business Insider. Retrieved 2023-11-08.
  3. 1 2 3 4 5 6 "The History of the Birthplace of Pepsi-Cola". Pepsistore.com. Archived from the original on October 20, 2022. Retrieved October 20, 2022.
  4. Vincent Tompkins; Judith Baughman; James W. Hipp (1994). American Decades: 1900-1909. Gale Research. ISBN   978-0-8103-5722-8. Archived from the original on 2023-04-23. Retrieved 2020-09-12. Pepsi derives its name from the ailment it was advertised to relieve: dyspepsia.
  5. 1 2 3 Tristan Donovan (November 1, 2013). Fizz: How Soda Shook Up the World. Chicago Review Press. p. 72. ISBN   978-1-61374-725-4. Archived from the original on April 23, 2023. Retrieved September 12, 2020. The cola part of the name was an obvious nod to the cola flavor of the drink, while the word Pepsi referred to his goal of making an indigestion-easing beverage. Whether the word Pepsi came from the digestive enzyme pepsin or dyspepsia [...] or both isn't known.
  6. Stoddard (February 28, 2011). Encyclopedia of Pepsi-Cola Collectibles. Penguin Publishing Group. p. 15. ISBN   978-1-4402-2535-2. Archived from the original on April 23, 2023. Retrieved September 12, 2020.
  7. "Pepsi – FAQs". PepsiCo. Archived from the original on May 6, 2008. Retrieved October 12, 2009. 1909: Automobile racing pioneer Barney Oldfield becomes the first celebrity to endorse Pepsi when he appears in newspaper ads describing Pepsi: "A bully drink...refreshing, invigorating, a fine bracer before a race." The theme "Delicious and Healthful" appears and will be used intermittently over the next two decades.
  8. "Guth v. Loft (Del. 1939) [Pepsi]". h2o.law.harvard.edu. Archived from the original on May 7, 2021. Retrieved June 21, 2019.
  9. Mark Pendergrast (2000). For God, Country and Coca-Cola. Basic Books. pp. 192–193. ISBN   0-465-05468-4.
  10. "The History of the Coca-Cola Contour Bottle - News & Articles". www.coca-colacompany.com. Retrieved 2024-04-22.
  11. Marketing, Baer Performance (July 1, 2011). "Flashback Friday- "Nickel Nickel"". Baer Performance Marketing. Archived from the original on February 8, 2022. Retrieved June 13, 2019.
  12. "Pepsi-Cola Advertising Through the Years". adage.com. July 20, 1998. Archived from the original on September 3, 2019. Retrieved June 13, 2019.
  13. "1939 Radio Commercial (Twice as Much for a Nickel)". Archived from the original on June 15, 2007. Retrieved August 13, 2012.
  14. Jones, Eleanor & Ritzmann, Florian. "Coca-Cola at Home" Archived 2021-06-15 at the Wayback Machine . Retrieved June 17, 2006.
  15. "Coca-Cola vs Pepsi: A battle that changed the world". The Business Standard. 2021-08-16. Retrieved 2025-09-11.
  16. "Pepsi-Cola Sales Rose by 15%, Net 20% in '59 to Set Records (Published 1960)". 1960-03-29. Retrieved 2025-09-11.
  17. "No Question About It; Pepsi-Cola Has Bounce; One Reason: Former Coca-Cola Official Alfred N. Steele Outlook Was Grim in 1950--Concern Booming Now PEPSI-COLA SALES; NET BOUNCE ALSO (Published 1956)". 1956-02-07. Retrieved 2025-09-11.
  18. TIME. "Marketing & Selling: Pepsi v. Coke". TIME. Archived from the original on 2024-10-23. Retrieved 2025-09-11.
  19. "FOREIGN TRADE: The Pepsi Culture". TIME. August 4, 1952.
  20. Glinton, Sonari (2014-03-10). "What Pepsi Can Teach Us About Soft (Drink) Power In Russia". NPR. Retrieved 2025-09-11.
  21. 1 2 3 McDowell, Edwin (1980-10-19). "The Shoot-Out in Soda Pop; Coke/Pepsi: Shoot-Out In Soda Pop (Published 1980)". The New York Times . Retrieved 2025-09-11.
  22. "The History of Pepsi". Leader Distribution Systems. Retrieved 2025-09-11.
  23. "ADVERTISING; REAGAN'S EMOTIONAL CAMPAIGN (Published 1984)". 1984-11-08. Retrieved 2025-09-11.
  24. 1 2 Eichenwald, Kurt (1985-07-16). "Opinion | Soda, the Life of the Party (Published 1985)". The New York Times . Retrieved 2025-09-11.
  25. "COKE, PEPSI TO USE MORE CORN SYRUP (Published 1984)". 1984-11-07. Retrieved 2025-09-12.
  26. "Pepsi Nutritional Info". Archived from the original on July 18, 2012. Retrieved March 16, 2011.
  27. United States Food and Drug Administration (2024). "Daily Value on the Nutrition and Supplement Facts Labels". FDA. Archived from the original on 2024-03-27. Retrieved 2024-03-28.
  28. "TABLE 4-7 Comparison of Potassium Adequate Intakes Established in This Report to Potassium Adequate Intakes Established in the 2005 DRI Report". p. 120. In: Stallings, Virginia A.; Harrison, Meghan; Oria, Maria, eds. (2019). "Potassium: Dietary Reference Intakes for Adequacy". Dietary Reference Intakes for Sodium and Potassium. pp. 101–124. doi:10.17226/25353. ISBN   978-0-309-48834-1. PMID   30844154. NCBI   NBK545428.
  29. "PepsiCo ditches aspartame from Diet Pepsi in US: 'While decades of studies show aspartame is safe, we recognize that consumer demand is evolving'". Food Navigator USA. 23 April 2015. Archived from the original on March 9, 2021. Retrieved September 30, 2020.
  30. The Daily Plate, Pepsi nutrition info [ usurped ]. Thedailyplate.com. Retrieved on February 4, 2012.
  31. Pepsi Product Facts Archived May 26, 2009, at the Wayback Machine . Pepsi Product Facts (June 17, 2011). Retrieved on February 4, 2012.
  32. "Pepsi". Pepsi.ca.
  33. Patriot, Monetta Harr | Jackson Citizen (March 12, 2011). "Amount of sugar, calories in Coke, Pepsi might surprise you". mlive. Archived from the original on November 30, 2021. Retrieved September 30, 2020.
  34. 1 2 "Nytt recept på Pepsi! - Carlsberg Sveriges Frågeforum". Carlsberg Sverige. Retrieved 2025-09-11. Vi har ändrat receptet på Pepsi Regular. Denna ändringen gjordes i slutet av sommaren 2021.[We have changed the recipe for Pepsi Regular. This change was made in late summer 2021.]
  35. Bisio, Ignacio Diaz (2020-12-17). "Pepsi y Coca cambiaron su fórmula durante la pandemia". Punto Convergente (in Spanish). Retrieved 2025-09-11.
  36. Flanagan, Ruby; Morris, Aaron (2023-03-28). "Pepsi changes recipe in classic cola beverage to cut sugar by more than a half". ChronicleLive. Archived from the original on 2023-03-28. Retrieved 2023-03-29.
  37. "Pepsi introduserer ny oppskrift: Lavere sukkerinnhold i populære brus". Dagens (in Norwegian Bokmål). 2024-06-29. Retrieved 2025-09-11. Pepsi fortsetter sin søken etter sunnere alternativer ved å introdusere en ny oppskrift for Pepsi Regular, som nå inneholder bare 4,55 gram sukker per 100 milliliter og 18 kalorier per 100 milliliter.[Pepsi continues its quest for healthier alternatives by introducing a new recipe for Pepsi Regular, which now contains just 4.55 grams of sugar per 100 milliliters and 18 calories per 100 milliliters.]
  38. "ZDF deckt auf: Die bittere Wahrheit über Pepsi" [ZDF reveals: The bitter truth about Pepsi]. www.ruhr24.de (in German). 11 September 2025. Retrieved 2025-09-11.
  39. Kirk, Emma. "Full sugar content cut in Pepsi, Mountain Dew soft drinks in Australia as PepsiCo confirms artificial sweetener added". News.com.au .
  40. "Outrage as beloved soft drink recipes changed by US giant". 7NEWS. 2025-07-02. Retrieved 2025-09-11.
  41. "PepsiCo Europe shakes up healthy snacks and beverages, pledging to slash sugar 25% in soda by 2025". Food Ingredients First. Archived from the original on 2023-03-28. Retrieved 2023-03-28.
  42. Geller, Martinne (2016-10-17). "PepsiCo sets global target for sugar reduction". Reuters. Retrieved 2025-09-11.
  43. Varghese, Justin (2025-09-11). "Cheaper low-sugar drinks in UAE from 2026 as new tax model kicks in". Gulf News . Retrieved 2025-09-11.
  44. "Pepsi Unveils All New Emoji Collection So Fans Can #SayItWithPepsi". MediaRoom Strategist Demo Site. Retrieved 2025-09-11.
  45. "NOW SOFT-DRINK MAKERS BRACE FOR THE JUICE WARS (Published 1985)". 1985-06-02. Retrieved 2025-09-11.
  46. "Pepsi announces new Prebiotic Cola". Yahoo . July 21, 2025. Pepsi has experimented extensively in international markets, especially in Japan, with unique and often short-lived flavors
  47. "Great Scott They Did It - Pepsi Perfect Is Here!". PEPSICO. Archived from the original on November 2, 2017. Retrieved November 1, 2017.
  48. Renfro, Kim (October 12, 2015). "Pepsi bottles from 'Back to the Future 2' are going for hundreds of dollars on eBay". Business Insider. Archived from the original on 2021-10-23. Retrieved 2020-12-12.
  49. Cross, Mary (2002). A Century of American Icons: 100 Products and Slogans from the 20th-Century Consumer Culture. Greenwood Press. pp. 103–105. ISBN   978-0313314810 . Retrieved September 4, 2020.
  50. "LA Times: Joan Crawford Appointed to Pepsi Board". Joancrawfordbest.com. May 7, 1959. Archived from the original on March 5, 2012. Retrieved December 10, 2011.
  51. Bricken, Rob (March 7, 2013). "20 Lies Back to the Future II Told Us (Besides the Hoverboard)". Archived from the original on November 15, 2015. Retrieved May 4, 2015.
  52. Leigh, Stephen (September 15, 2011). "The Worst Movie Product Placements Of All Time". Archived from the original on May 8, 2015. Retrieved May 5, 2015.
  53. "Pepsi Cancels Madonna Ad". The New York Times. 1989-04-05. ISSN   0362-4331. Archived from the original on 2017-09-24. Retrieved 2023-02-14.
  54. Drogin, Bob (July 26, 1993). "Pepsi-Cola Uncaps A Lottery Nightmare -- Bombings, Threats Follow Contest With Too Many Winners". Los Angeles Times. Archived from the original on September 7, 2015. Retrieved October 9, 2015.
  55. 1 2 "THE MEDIA BUSINESS: ADVERTISING;Pepsi Introduces a New LookFor Its International Markets". The New York Times. Reuters. April 3, 1996. ISSN   0362-4331. Archived from the original on January 28, 2018. Retrieved September 30, 2020.
  56. UPI (1996-04-02). "Pepsi launches lavish 'blue' campaign". UPI. Archived from the original on 2021-12-25. Retrieved September 30, 2020.
  57. Archives, L. A. Times (1997-12-18). "Pepsi Wrapping Up Year With Blue Packaging". Los Angeles Times. Archived from the original on 2023-01-27. Retrieved 2023-01-27.
  58. "The evolution of Pepsi's logo design over 117 years". GorillaStudio. Archived from the original on 2023-01-30. Retrieved 2023-01-30.
  59. "Pepsi Legacy Book" (PDF). Archived from the original (PDF) on April 15, 2012. Retrieved March 26, 2011.
  60. Edwards, Jim (February 10, 2009). "Pepsi's Nonsensical Logo Redesign Document: $1 Million for This?". CBS News . Archived from the original on 23 October 2021. Retrieved 14 June 2021.
  61. Snider, Mike (28 March 2023). "Pepsi unveils new logo: See the updated branding ahead of iconic cola's 125th anniversary". USA Today. Retrieved 28 March 2023.
  62. 1 2 Wiener-Bronner, Danielle (2023-03-28). "Pepsi has a new logo". CNN. Archived from the original on 2023-03-28. Retrieved 2023-03-28.
  63. 1 2 Daniel Piper (2023-03-28). "Brilliant new Pepsi logo is more than just nostalgia". Creative Bloq. Archived from the original on 2023-03-29. Retrieved 2023-03-29.
  64. Co., Pepsi. "New look. Same Pepsi 😌 Welcome to a new era 🥳". Twitter. Retrieved 2023-08-23.
  65. 1 2 "How Pepsi Opened Door to Diversity". Wall Street Journal. January 9, 2016. Archived from the original on February 5, 2017. Retrieved March 10, 2017.
  66. 1 2 3 4 Martin, Douglas (May 6, 2007). "Edward F. Boyd Dies at 92; Marketed Pepsi to Blacks". The New York Times. Archived from the original on December 14, 2018. Retrieved May 5, 2007.
  67. 1 2 Archer, Michelle (January 22, 2007). "Pepsi's challenge in 1940s: Color barrier". USA Today . Archived from the original on June 10, 2010. Retrieved May 7, 2007.
  68. 1 2 Stewart, Jocelyn Y. (May 5, 2007). "Edward Boyd, 92; Pepsi ad man broke color barriers". Los Angeles Times . Archived from the original on October 10, 2012. Retrieved August 12, 2012.
  69. Brian D. Behnken, Gregory D. Smithers (2015). "Racism in American Popular Media: From Aunt Jemima to the Frito Bandito". p. 34. ABC-CLIO
  70. Stephanie Capparell, "How Pepsi Opened Door to Diversity." CHANGE 63 (2007): 1-26 online. Archived April 8, 2016, at the Wayback Machine .
  71. Stephanie Capparell, The Real Pepsi Challenge: The Inspirational Story of Breaking the Color Barrier in American Business (2007).
  72. Smiley, Tavis (February 27, 2007). "Edward Boyd". PBS. Archived from the original (interview) on September 29, 2007. Retrieved May 4, 2007.
  73. Weems, Robert E. Jr. (February 1998). Desegregating the dollar: African American consumerism in the twentieth century. New York University Press. pp. 50–51. ISBN   0-8147-9290-1.
  74. "Special Issue: Top-10 CSD Results for 2008" Archived April 19, 2009, at the Wayback Machine , Beverage Digest, March 30, 2009 (PDF)
  75. "History of Pepsi vs. Coke Rivalry at Rivals4Ever". Rivals4ever.com. Archived from the original on November 27, 2011. Retrieved December 10, 2011.
  76. "Dr Pepper Passes Pepsi as the Second Favorite Soda Brand in the U.S."
  77. "Pepsi Termed No. 1 Seller (Published 1986)". 1986-01-28. Retrieved 2025-09-11.
  78. Greenwald, John (May 16, 1983). "A Hot Fight over Cold Drinks". Time .
  79. Alsukait, Reem; Wilde, Parke; Bleich, Sara N.; Singh, Gitanjali; Folta, Sara C. (2020-08-01). "Evaluating Saudi Arabia's 50% carbonated drink excise tax: Changes in prices and volume sales". Economics & Human Biology. 38: 100868. doi:10.1016/j.ehb.2020.100868. ISSN   1570-677X.{{cite journal}}: CS1 maint: article number as page number (link)
  80. 1 2 "Coca-Cola and PepsiCo lose popularity to local Cola brands due to boycott over Gaza in Muslim countries". The Economic Times. 2024-09-04. ISSN   0013-0389 . Retrieved 2025-09-11.
  81. Vive la difference Archived 2007-09-27 at the Wayback Machine , Strategy Magazine, October 2004
  82. "The Pepsi 'Meunier' Campaign" (PDF). Canadian Advertising Success Stories (Cassies) Case Library. Archived from the original (PDF) on September 26, 2007. Retrieved August 21, 2007.
  83. "India: Soft Drinks, Hard Cases" Archived February 3, 2006, at the Wayback Machine , The Water Dossier, March 14, 2005
  84. "India: Soft Drinks, Hard Cases" Archived February 3, 2006, at the Wayback Machine , The Water Dossier, March 14, 2005
  85. The top 5 sodas in India by market share, Euromonitor International via Bloomberg, June 26, 2012 Archived November 28, 2012, at the Wayback Machine
  86. Robert Laing (March 28, 2006). "Pepsi's comeback, Part II". Mail & Guardian online. Archived from the original on September 27, 2007. Retrieved July 21, 2007.
  87. Coke Vs. Pepsi [ usurped ]. Free-Essays.us. Retrieved on February 4, 2012.
  88. "PepsiCo Company History (1972)". PepsiCo, Inc. Archived from the original on November 3, 2005. Retrieved July 21, 2007.
  89. Lempert, David (1992). Pepsi-Stroika: The Colonization of Russia; an Ethnography of Russian Legal Culture During the Perestroika Period. Vol. 1. University of California, Berkeley. Archived from the original on 2023-04-23. Retrieved 2021-05-03.
  90. "Coke Versus Pepsi, Santa Versus Moroz" Archived February 10, 2006, at the Wayback Machine , The Moscow Times, December 30, 2005
  91. "Interviu: Cum a ajuns Pepsi in Romania" Archived 2020-08-06 at the Wayback Machine . Wall Street.
  92. "PUTTING THE DARING BACK IN COKE (Published 1984)". 1984-03-04. Retrieved 2025-09-11.
  93. Tom Hundley Israel braces for new conflict: The soda war . Chicago Tribune, May 19, 1992
  94. "Pepsi Signs Up for Return to Vietnam (Published 1993)". 1993-03-17. Retrieved 2025-09-11.
  95. "New Vietnam Combat: Coke vs. Pepsi (Published 1994)". 1994-02-07. Retrieved 2025-09-11.
  96. LaPointe, Sarah (November 8, 2019). "The Bizarre Untold History of Mountain Dew (And Other Popular Sodas)". Obsev. Archived from the original on April 19, 2021. Retrieved September 30, 2020.
  97. "若者の心をとらえた"ペプシマン"  「GET!! PEPSIMAN WATCH キャンペーン」 | アイ・エム・プレス". im-press.jp (in Japanese). Retrieved 2025-09-10. そして1996年3月に登場した「ペプシマン」は["Pepsiman" appeared in March 1996.]
  98. "Pepsi Co Marketing Case Study". SlideShare. 2014-06-08. Retrieved 2024-04-22.
  99. Ono, Yumiko (May 23, 1997). "PepsiCo's 'American' Superhero In Japanese Ads Is Alien to U.S." The Wall Street Journal . ISSN   0099-9660. Archived from the original on August 4, 2020. Retrieved September 30, 2020.
  100. Halls, Kiara (1 Mar 2020). "No Corporate Mascot Will EVER Be as Bizarre as Pepsiman". CBR. Archived from the original on 27 November 2021. Retrieved 1 July 2021.
  101. "A Study of Sales Promotion of Pepsi". pdfcoffee.com. Retrieved 2024-04-22.
  102. Bryant, Paul (November 21, 2012). "Virtua Fighter 2, Sonic the Fighters and Fighting Vipers busting heads on XBLA, PSN next week". Gaming Age. Archived from the original on January 16, 2021. Retrieved September 30, 2020.
  103. "Pepsiman: PlayStation's Strangest Moment?". IGN. 10 March 1999. Archived from the original on 23 April 2023. Retrieved 8 December 2013.
  104. Mike Suszek (July 29, 2012). "Stiq Figures, July 16–22: Pepsiman edition". Joystiq. Archived from the original on July 30, 2012. Retrieved September 10, 2013.
  105. "Pepsiman gameplay video". YouTube . 8 August 2013. Archived from the original on 2021-10-28.
  106. Phoon, Andie (23 May 2022). "Essential Marketing Lessons to Take Away from Video Game Marketing". Mediantic. Retrieved 30 October 2023.
  107. Bashir, Dale (8 March 2021). "Remembering the PlayStation 1 Cult Classic Pepsiman and All Its Weirdness". IGN. Retrieved 30 October 2023.
  108. "PepsiCo extends NFL sponsorship in $560 Million Deal". Chief Marketer. April 6, 2004. Archived from the original on December 25, 2021. Retrieved September 30, 2020.
  109. "Pepsi adds five years to NHL sponsorship". www.sportsbusinessdaily.com. Archived from the original on April 23, 2023. Retrieved September 30, 2020.
  110. Peterson, Hayley. "The NBA just dealt a major blow to Coca-Cola". Business Insider. Archived from the original on January 29, 2016. Retrieved September 30, 2020..
  111. "NFL renews its sponsorship deal with Pepsi, but without the Super Bowl halftime show". CNBC . 24 May 2022. Archived from the original on 2022-09-26. Retrieved 2022-09-26.
  112. "PepsiCo nabs NBA sponsorship rights from Coca-Cola". Fortune.com. January 9, 2015. Archived from the original on January 28, 2021. Retrieved January 9, 2016.
  113. "MLB drops Pepsi for Coca-Cola". CNN. April 3, 2017. Archived from the original on November 29, 2021. Retrieved August 3, 2020.
  114. Singer, Mike (October 22, 2020). "After 21 years, Pepsi Center to be renamed Ball Arena as part of new partnership". The Denver Post . Archived from the original on November 1, 2021. Retrieved October 22, 2020.
  115. "Pepsi MAX Confirms 30-Second Ad and Consumer Activation for Super Bowl XLVI" (Press release). Prnewswire.com. Archived from the original on June 2, 2013. Retrieved January 30, 2013.
  116. "PepsiCo renews UEFA Champions League partnership until 2024". UEFA (Press release). Archived from the original on November 27, 2021. Retrieved December 1, 2020.
  117. 1 2 Goyal, Shaily (July 15, 2020). "Pepsi to stay in as Pakistan Cricket team sponsor for 1 more year, deal values reduced". InsideSport. Archived from the original on November 8, 2020. Retrieved September 30, 2020.

Bibliography