Pepsi Logo Change | Advertising, Branding
Posted 8 years ago
How Pepsi will spend hundreds of millions of dollars to change its brand logo worldwide
In today’s era of aggressive marketing, the importance of continual branding cannot be undermined. A brand identifies a company or a product and the logo is its proud extension. Customers today are spoilt for choice and have a flickering attention span. Out of sight is out of mind. Moreover, consumers do not mind spending their hard earned money on a brand that they trust and relate to and one that is etched in their minds through regular advertisements, online, digital and social promotions etc. Hence, the world’s biggest brands are constantly evolving over time by coming up with innovative new branding strategies that are relatable and are a hit with the masses. PepsiCo is the latest conglomerate that’s had to resort to re-branding in a big way in order to boost its declining sales as people are increasingly becoming more health conscious and opting for non-aerated and healthier drinks that were never even intended to be its competition. Additionally, arch nemesis Coca Cola has stolen a march on PepsiCo and has raced into the lead in terms of the battle of the soft-drink superbrands.
2016 saw PepsiCo spending a huge sum of money on revamping its logo in an attempt to jog the consumer’s wavering memory and loyalty. Despite the new logo being remarkably similar to the original, the smooth lines and simple flat colour scheme makes sure that the new logo uplifts Pepsi into the current generation. Noticeably, the new logo does look like it’s been made on the basis of what a Pepsi emoticon would look like.
Besides pushing aggressive ad campaigns in an attempt to take over social media platforms, Pepsi has also tried to revamp its image by making its packaging a bit more cool and chic and more relatable to the new identity that the brand seeks to imbibe. In addition to the emoticon-like new logo, quirky emojis now adorn the Pepsi bottles, lending a more youthful appeal to new-look brand. The move was first initiated in Canada with the launch of special edition cans and bottles that had trendy emojis printed on them while retaining the overall look and feel of the packaging. The designs have been created by Pepsi with the intent to reach out to a diverse target audience – both global and local markets. On being questioned about this unique value proposition, PepsiCo CEO Indra Nooyi stated, “Emojis are the language of today but no one has put them in the world like Pepsi will in 2016.” Indeed, this is a smart move on Pepsi’s behalf as wordless emojis are fun and can convey a variety of moods and feelings quickly without the need of any dialogue. One might argue that it isn’t worth investing hundreds of billions of dollars to market the new logo. However, given the popularity quotient of the ‘Say it with Pepsi’ campaign, the money is surely well spent and aptly invested!
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