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Cautionary Tales with Tim Harford

Number Fever: How Pepsi Nearly Went Pop (Classic)

Cautionary Tales with Tim Harford

Pushkin Industries

History, Society & Culture

4.76.4K Ratings

🗓️ 1 August 2025

⏱️ 39 minutes

🧾️ Download transcript

Summary

Pepsi twice ended up in court after promotions went disastrously wrong. Other big companies have fallen into the same trap - promising customers rewards so generous that to fulfil the promise might mean corporate bankruptcy.

Businesses and customers alike are sometimes blinded by the big numbers in such PR stunts - but it's usually the customers, not the businesses, who end up losing out.

For a full list of show notes see http://timharford.com/

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

This is an IHeart podcast.

0:04.2

Run a business and not thinking about podcasting.

0:06.9

Think again.

0:07.5

More Americans listen to podcasts than adds supported streaming music from Spotify and Pandora.

0:11.7

And as the number one podcaster, IHearts twice as large as the next two combined.

0:15.7

Learn how podcasting can help your business.

0:17.6

Call 844-844-I-Hart.

0:19.6

Over the years that I've been doing revisionist history,

0:22.2

I've done a number of episodes about music,

0:24.8

and there's some of my favorites.

0:26.0

But there is almost nothing that brings me more joy

0:28.7

than sitting down with a musician.

0:30.5

And just the emotion that's in that song,

0:32.4

it's just powerful.

0:37.4

So this summer, I felt Wade Reprise four musical episodes from the archives.

0:42.5

Come join us for a walk down revisionist history, memory lane.

0:46.6

Listen to revisionist history wherever you get your podcasts.

0:56.6

Pushkin Hello, Tim here.

1:03.6

The Cautionary Tales team is taking a well-earned summer vacation.

1:07.6

Here is another classic episode from the archives, a tale about Pepsi's disastrous bottlecat

1:14.2

promotion, and a man who bought over a thousand chocolate puddings. Enjoy. In a tin roof chack, in a slum of Manila, the capital of the Philippines,

1:33.2

Victoria Angelo lived with her husband Juanito and their five children.

...

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