Social Sciences, asked by fahadsbhai12, 10 months ago

what happened with new coke ?

Answers

Answered by krishnaiahkandukuri5
0

Answer:

By 1985, Coca-Cola had been losing market share to diet soft drinks and non-cola beverages for many years. Blind taste tests indicated that consumers seemed to prefer the sweeter taste of rival Pepsi-Cola, and so the Coca-Cola recipe was reformulated. However, the American public's reaction to the change was negative, and "New Coke" was considered a major failure. The company reintroduced Coke's original formula within three months, rebranded "Coca-Cola Classic", resulting in a significant sales boost. This led to speculation New Coke formula had been a marketing ploy to stimulate sales of original Coca-Cola, which the company has denied.[2]

Coke II was discontinued in July 2002. It remains influential as a cautionary tale against tampering with a well-established and successful brand.

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