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#1 |
Feeling at Home
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I would absolutely NOT say that. I have not met the Olivias to say one way or the other. However, idiotic business decisions are made all over this country on a daily basis. Can you say "New Coke?".
I don't mean to get off topic but a big part of what I do is market research, campaigns and the New Coke idea is generally recognized as one of the greatest marketing coups of all time. Easily one of the Top 10. |
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#2 |
Crotchety Geezer
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How so?
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#3 |
Feeling at Home
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I don't want to divert this thread but basically - there is great debate as to whether this was done as a true shift in ideaology for a market leader or to generate fervor in the market.
Honestly we will probably never know, even Robert Goizurta has given contradictory accounts of the build up to its launch, many feel this was done purposely, and unfortunately he succumbed to lung cancer in 97. My belief is that it was a weighed risk that perhaps didn't fulfill its potential but did create such a fuss that he we are talking about it on a Cigar Forum more than 20 years later. It is an incredible case study. There is much more to it and I'd be thrilled to point you in the direction of some support material and you let me know what you think! Thanks for your reply. Travis |
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#4 | |
Crotchety Geezer
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Interesting there can be different ways to interpret what happened. I was in my PhD in Food Science in 1985 so was paying attention to this and a few years later have spoken to a student's father who was a VP in coke at that time. Looked to me (based on what I've read and heard) to be a top down decision that was based on flawed interpretation of sensory testing and market dynamics. I don't drink pop so I was largely insulated from what happened in the marketplace once they announced they were changing the formulation, but I do remember fellow students going nuts to buy a lifetime supply of the old stuff. At the time, I was more interested in ensuring a supply of J. Lohr Gamay Beaujolais and Caymus Cabernet. Shoot me a PM with some info or links if you would. I'd be interested in another viewpoint of what happened. /Sean
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#5 | |
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http://www.snopes.com/cokelore/newcoke.asp one more Windows Vista: The 'New Coke' of the PC age | csmonitor.com Last edited by nozero; 02-27-2009 at 01:40 PM. |
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#6 | |
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This was my point. These guys aren't morons. And assuming anyone, let alone guys in charge of a multi-million dollar company, is stupid just because you don't see their reasoning is foolish. And arrogant. I try to remind myself of that whenever I think something is stupid. Well there must be a reason. What is it? What am I not seeing? Etc. I don't know everything yet. :-D |
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#7 | |
Crotchety Geezer
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The plane he missed crashed killing all on board. He still screwed up by missing the flight, but it turned out well for him. Same thing with coke.
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#9 | |
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Figures. |
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#10 |
Crotchety Geezer
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Exactly.
I'm glad that you now agree with the Coke VP I spoke with regarding this escapade.
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