Coke vs Pepsi - No Sacred Cows | 5
Business Wars
Audible
4.6 • 13.5K Ratings
🗓️ 30 August 2018
⏱️ 29 minutes
🧾️ Download transcript
Summary
With the Pepsi Challenge under attack by Coke, Pepsi needs a new ad campaign. So the company turns for inspiration to the biggest pop star in the world: Michael Jackson. Meanwhile, Coca-Cola has a new chief executive who’s convinced tinkering with Coca-Cola’s prized formula is the key to winning the cola wars. He’ll stop at nothing to bring Coca-Cola fans New Coke—whether they like it or not.
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Transcript
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| 0:00.0 | Hey, prime members. You can listen to business wars. Add free on Amazon music. Download the app today. |
| 0:08.5 | It's April, 1980. |
| 0:11.0 | Coca-Cola company Chief Paul Austin, who has run the company for nearly two decades, wants to step down and he wants to crown his own successor. |
| 0:20.9 | He summons Roberto Guesweta to his office. |
| 0:24.5 | Guesweta runs Koch's technical department and he's in charge of Coca-Cola's secret formula. |
| 0:30.6 | He's a contender for the top job, but he's not Austin's choice. Good morning, Mr. Austin. I understand you wanted to see me? |
| 0:38.4 | Yes, yes. Update me on the status of the Diet Coke project. |
| 0:41.8 | Guesweta smiles. He's pleased Austin's interested in his pet project. |
| 0:46.1 | You see the Coca-Cola company hates the idea of Diet Coke. |
| 0:50.5 | When Diet soda first became a thing in the early 60s, there was talk of a low calorie Coke. |
| 0:56.6 | Coke's lawyers muttered about trademark problems and lawsuits for modelers, |
| 1:01.4 | marketing fredded that drinkers would ditch Coke for Diet Coke. |
| 1:05.4 | So instead, Coke gave the world a Diet Coke in a pink can called Tab. |
| 1:12.2 | Guesweta thinks that was a stupid decision. |
| 1:15.6 | So he's been using his position to create Diet Coke despite his colleagues' opposition to the idea. |
| 1:21.5 | We're making great progress. The recipe is almost perfect. We've also been doing market research tests. |
| 1:27.6 | And Guesweta keeps talking, but Austin's not really listening. |
| 1:32.6 | He's waiting for Guesweta to finish, waiting so that he can yank the rug out from under this |
| 1:38.6 | upstart Cuban Coke executive. We've been doing lots of testing as we go along, |
| 1:43.7 | and our recipe for new Coke is definitely outperforming Tab and Diet Pepsi in taste tests. |
| 1:49.9 | As Guesweta wraps up, he's not sure what to make of the pinched expression on Austin's face. |
| 1:56.5 | Yeah, that's great, just great. I'm shutting the project down. |
... |
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