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PUTTING EMPLOYEES FIRST CIPR INTERNAL COMMUNICATION CONFERENCE Ralph Cochrane @ralphcochrane [email protected]

Pepsi vs coke 2.0 the battle for creativity

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Crowdsourcing Video Talent. Presentation given to the Chartered Institute of PR Annual Conference in London, November 2012. If you need video, try http://www.thecreativegrid.com who are a network of the best new filmmakers around the world, created from this work. Discussion about how Pepsi and Coca-Cola, two arch-rivals, have approached social media and crowdsourcing with examples from Pepsi Films and Coke's social media campaigns. Includes some of the best crowdsourced videos we've seen to date. Ralph Cochrane is the founder of loudSource. See http://www.ralphcochrane.com

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Page 1: Pepsi vs coke 2.0   the battle for creativity

PUTTING EMPLOYEES FIRSTCIPR INTERNAL COMMUNICATION CONFERENCE

Ralph Cochrane@ralphcochrane

[email protected]

Page 2: Pepsi vs coke 2.0   the battle for creativity

Coca-Cola vs Pepsi v2.0 The Battle For Creativity

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Coca-Cola $35Bn in Revenue

Coca-Cola’s $35.1 Billion in revenue makes it the 84th largest economy in the world. Just ahead of Costa Rica

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Pepsico has 22 $1Billion brands including Pepsi, Tropicana, Lays (Walkers) and Quaker.

Pepsi’s $1Bn Brands

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The world’s biggest advertisers

Coca-Cola spends more on advertising than Apple or Microsoft combined$2.9 Billion (2010) vs Microsoft $1.6 Billion (2010) and Apple $691 Million (2010)

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Part of our popular culture

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1975 The Pepsi Taste Challenge

Consumers showed a definite preference for Pepsi over Coca-Cola

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New Coke - Disaster

• 1983 New Coke• Marketing disaster• People hated it• Preferred the Old Coke• They also hated being

told what to do!• In 1985 Coca-Cola

reversed it’s decision continuing to serve what is now called “Coca-Cola Classic”

@ralphcochrane

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• It’s not just about the product• Consumers feel an emotional

connection– Where they were– How they feel or felt

• Customers don’t buy for just one reason– Great service– Great experience– Quality, Convenience– Loyalty & History

Lessons Learned v1.0

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Does Obama drink Pepsi?

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Coca-Cola vs Pepsi v 2.0

@ralphcochrane

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Creative Collaboration

2011 Creative Collaboration with Karl Lagerfield

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Part of the Conversation

@ralphcochrane

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Pepsi Refresh Social Media

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1-9-90 Rule

Pepsi Films

@ralphcochrane

Peps

i Ref

resh

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• Crowdsourcing Videos (competitions)

• 12 months, 8 events• Targeting the 1%• Connected to Film Festivals• Tap into the fascination with online

media from leading filmmakers• Creativity not Advertising@ralphcochrane

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• It’s about Engagement • 80% of Internet users took part in a

contest online last year (Jupiter Research)

• 80% of the entries will be low quality• Promotion / Activation • Moderation• Rules including IPR rights• Prizes & Fulfillment

Crowdsourcing Basics

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Coca-Cola’s View

Coca-Cola

@ralphcochrane

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Coca-Cola Packaging

Integrated CrowdsourcingCampaign for a specificmarketing problem:

How to explain the newsmaller coke bottle

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• Part of the brand development plan• Promotion!• What will you do with the content?• Be ready to be part of the

conversation@ralphcochrane

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Real People with talent

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Real People with Talent

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CSR – Using the talent

Coca-Cola wanted to use the talent that we discovered.

This example is a CSR Film shot in S Africa, Kenya and Indonesia for TED: Women

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A network of the best talent

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Co-Creation with Jameson

http://jameson.thecreativegrid.com

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• If you engage stay with the conversation

• Set clear boundaries & rules• Moderate• You can crowdsource just about

anything• Keep it simple• Use the talent, they are ambassadors

and good PR!

Lessons Learned

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Mobile crowdsourcing

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PUTTING EMPLOYEES FIRSTCIPR INTERNAL COMMUNICATION CONFERENCE

Ralph Cochrane@ralphcochrane