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Ben Gilbert

πŸ‘€ Speaker
35701 total appearances
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Appearances Over Time

Podcast Appearances

Acquired
Coca-Cola

You're like, yep, this is just what we thought.

Acquired
Coca-Cola

And then like you get a couple months in and you're like, wait, this is an ending.

Acquired
Coca-Cola

Does everyone hate this?

Acquired
Coca-Cola

So I thought this lasted a year or two.

Acquired
Coca-Cola

And I asked family members, I asked people who were like, yeah, I think that was like a two or three year period.

Acquired
Coca-Cola

There was 79 days between when they released New Coke and when Coca-Cola Classic made its return.

Acquired
Coca-Cola

Because there was an opportunity to like renegotiate, hey, actually the rights that you own are to New Coke and then more advantageous deal that we're going to cut.

Acquired
Coca-Cola

Interesting.

Acquired
Coca-Cola

The crazy thing is they thought when they introduced Coca-Cola Classic that that would be the product for the diehards, for this vocal minority that was really upset about it.

Acquired
Coca-Cola

And in practice, what happened is everyone went back to Coca-Cola Classic and nobody stayed on New Coke.

Acquired
Coca-Cola

I mean, its market share was 3%.

Acquired
Coca-Cola

And I think this completely surprised the executives at Coca-Cola who were like, it's better.

Acquired
Coca-Cola

We were going to make small quantities of this Coca-Cola classic just to appease the people who need it.

Acquired
Coca-Cola

But it's crazy.

Acquired
Coca-Cola

People just went back to the worst tasting one.

Acquired
Coca-Cola

Wait, we didn't say the best part of how this ends.

Acquired
Coca-Cola

Within a year, Coca-Cola Classic surged past the heights of where Coca-Cola was before the whole debacle started.

Acquired
Coca-Cola

So the whole thing worked as an accidental publicity stunt.